Global Riveting Tools Market Introduction:
Riveting in prominently used in fabrication processes for joining two components. Orbital, pressed and radial riveting are the technologies that are widely used as it encourages high-quality joints with reduced cycle time and less amount of input force. Basically, they are a type of fasteners that connect the head and tail of the tool using a smooth cylindrical shaft.
Global Riveting Tools Market Overview:
Based on the type of tool, the market is bifurcated into pneumatic, battery-powered and hand-held. The hydro-pneumatic tools that are primarily used in aerospace and transportation is likely to witness significant market growth during the forecast period. Additionally, the riveting tools are used in the assembly section of vehicle manufacturing which is likely to increase its demand in upcoming years.
The hand-held riveting tools are primarily used in building and construction sector. Its usage for the maintenance and repair, roofing and flashing, air conditioning installations and in-sheet metal construction shall increase the demand of riveting tools thus boosting the market further.
Application-wise, the market is fragmented into automotive, aerospace, building & construction and transportation. Riveting tools are used in transportation vehicles for maintaining high stress resistance in these vehicles which increases their demand thus propelling the market further.
Global Riveting Tools Market Regional Insight:
The global market is regionally categorised into Asia Pacific, North America, Europe, Latin America and rest of the world. The product demand in Europe is positively influenced by the development of eco-efficient and lightweight vehicles.
South and Central America regions to experience a rise in demand for riveting tools due to the soaring adoption of rivets as fasteners in aerospace and automotive industries.
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Global Riveting Tools Market Segmentation:
1. By Region
• Asia Pacific
• North America
• Europe
• Latin America
• Rest of the World
2. By Type
• Pneumatic
• Battery-powered
• Hand-held
3. By Application
• Automotive
• Aerospace
• Building & Construction
• Transportation
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
Key Market Players:
• Stanley Engineered Fastening Rivtec Ltd.
• Arconic Fastening Systems
• Advanced Air Tools Company Inc.
• Sioux Tools
FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the riveting tools market by region, by type, by application
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)— Asia Pacific. North America, Europe, Latin America and rest of the world
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

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