Riveting Machines Market By Machine Type (Impact Riveting, Orbital Riveting and Others (Radial Riveting, Rollerform Riveting, Automatic Drilling & Riveting Machines), By Power Source (Hydraulic, Pneumatic and Electric), By End-use Industries (Industrial Manufacturing, Automotive, Oil & Gas, Power Generation, Construction, Transportation, Others (Logistics, Aerospace & Defense, etc.)) - Growth, Future Prospects, and Competitive Landscape, 2018 - 2026

Since the early Bronze Age, the metal joining process has been one of the most important and inseparable fragments of metalwork. Among the various methods, riveting holds a special place in permanent fastening and has no substitute for several end-use applications, such as the construction of heavy structures, tanks, and boiler vessels. Riveting is a reliable fastening process, and hence, the demand for riveting machines has observed steady growth over the past several decades and is not expected to cease for years to come. The riveting machine market was worth $ 189.0 million in 2017 and is expected to be worth $267.9 million by 2026. The market is estimated to grow at a decent rate of 3.9% throughout the forecast period from 2018 to 2026.

Market Synopsis

Riveting is a simple method of permanently joining two metal sheets and is classified into several methods based on the machine type. The research study discusses the market value, estimates, and growth of impact riveting machines, riveting orbital machines, and other riveting machines. Other riveting machines include radial riveting, roller-form riveting, automatic drilling and riveting machines, etc. In 2017, the overall riveting machine market was dominated by impact riveting. The method is widely used for the construction of heavy structures and several other industrial manufacturing and processing machines. However, impact riveting machines are expected to face tough competition from riveting orbital machines for market share in the coming years.

Electric riveting machines will overtake hydraulic and pneumatic riveting machines.

Riveting machines need an external power source such as hydraulics, pneumatics, or electricity to punch rivets into the metal sheets. Consequently, the research study included a market study of riveting machines based on their power source. For many years, hydraulic and pneumatic-powered riveting machines were the only ones available for various end-use industries. However, with the introduction of better electric motors and advanced drive controllers, electric riveting machines are taking over the market shares of hydraulic and pneumatic riveting machines.

Asia Pacific has dominated the global Riveting Machines market due to rapid development in the industrial and construction sectors.

Several ongoing public and private infrastructure construction projects in the Asia Pacific aided the region in registering a strong market value in the overall riveting machines market. Besides construction, rapid industrial development in countries such as China, India, and South Korea, among others, is also helping the market flourish in this region. In terms of market share, the Asia-Pacific market is closely followed by North America and Europe. However, other developing regions, including the Middle East, Africa, and Latin America, are expected to make an impact on the global riveting machine market.

Market Segmentation

Competitive Landscape     

The research study covers some of the leading riveting machine manufacturers, including Stanley Black & Decker, GESIPA Blindniettechnik GmbH, BalTec UK Ltd., Bollhoff Fastenings Pvt. Ltd. (Bollhoff Group), Arconic Inc., CAPMAC Industry Srl, VVG-Befestigungstechnik GmbH & Co., Superior Rivet Machines, Zhejing Juda Machinery Co., Ltd., LA CLUSIENNE-CLUFIX, Meta Precision Industry Co., Ltd., and ATOLI MA Because of the large number of domestic and international manufacturers, the global market for riveting machines is quite fragmented and competitive. The competitive nature of the market forced the companies to come up with different business strategies in order to survive and maintain their market position. The study also includes detailed company profiles of the leading companies manufacturing riveting machines.

Key questions are answered in this report.

  • How has development in electric drives and control aided the riveting machine market to flourish?
  • Which are the most visible end-use industries, and how is their expansion assisting the riveting machine market?
  • What are the different types of riveting machines, and what is their market value?
  • How vital is the growth of the construction and automotive industries, and what is its effect on the sales of riveting machines?
  • How industrially will emerging regions such as the Asia Pacific and Latin America emerge as game-changers in the coming years?

Frequently Asked Questions:

The market for Riveting Machines Market is expected to reach XX Mn by 2026.

The Riveting Machines Market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2018-2026.

The base year of this report is 2017.

Stanley Black & Decker, GESIPA Blindniettechnik GmbH, BalTec UK Ltd., Bollhoff Fastenings Pvt. Ltd. (Bollhoff Group), Arconic Inc., CAPMAC Industry Srl, VVG-Befestigungstechnik GmbH & Co., Superior Rivet Machines are some of the major players in the global market.

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Published Date:  Jan 2019
Category:  Industrial Goods
Report ID:   59519
Report Format:   PDF
Pages:   120
Rating:    4.4 (66)
Delivery Time: 24 Hours to 48 Hours   
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