Press release
Riveting Equipment Market Overview, Key Players and Growth Opportunity by 2030
The Riveting equipment Market refers to the global market for tools and machinery used for the process of riveting. Riveting is a process of joining two or more materials together using a rivet, which is a metal pin with a head on one end and a tail on the other end. The process involves inserting the rivet through a hole in the materials to be joined, then deforming the tail end to form a second head, creating a permanent joint.Top Companies
Georg Fisher AG, Perma Pipe International Holdings, Uponor Corporation, Watts Water Technologies Inc., Polypipe Group PLC, Kabelwerke Brugg AG Holding, Thermaflex International, Isoplus Fernwaerme Technik Gmbh, Logstor A/S, Company 10.
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The Riveting Equipment includes various types of tools and machines such as hand-held rivet guns, pneumatic and hydraulic rivet guns, rivet nut tools, automated riveting machines, and others. These tools and machines are used in a wide range of industries, including automotive, aerospace, construction, and manufacturing.
The global riveting equipment market is driven by the growth in the construction and automotive industries, as well as the increasing demand for lightweight materials such as aluminum and composite materials. The rise in infrastructure development, especially in emerging economies, is also contributing to the growth of the market.
The market is highly competitive, with many established players such as Stanley Black & Decker, Ingersoll Rand, and Henrob. The key strategies adopted by these companies include product innovation, strategic partnerships and collaborations, and mergers and acquisitions.
Competitive Analysis
The report takes in an analysis of the major market players active in the global Riveting equipment Market. It emphasizes on the business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations incorporated by these market players to reinforce their position in the market. The market report takes account of statistics, tables, and charts to present a detailed study of the industry.
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Regional Analysis:
Region-wise, the global Riveting equipment market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global Riveting equipment market share, and LAMEA is anticipated to secure a leading position during the forecast period.
KEY MARKET SEGMENTS
By Type
Impact Riveting
Orbital Riveting
Radial (Spiral form) Riveting
Roller form Riveting
Others
By Application
Automotive & Aerospace
Building & Construction
Transportation
Others
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