Riveting Tools Market
Riveting Tools Market Forecasts to 2032 - Global Analysis By Product Type (Pneumatic, Battery-Powered, Hydro-Pneumatic, Lazy Tong Riveters, Hand-Held Lever Riveters, and Other Product Types), Application and By Geography
|
Years Coveredc |
2022-2030 |
|
Estimated Year Value (2024) |
US $234.54 MN |
|
Projected Year Value (2030) |
US $379.10 MN |
|
CAGR (2024- 2030) |
7.1% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Riveting Tools Market is accounted for $234.54 million in 2025 and is expected to reach $379.10 million by 2032 growing at a CAGR of 7.1% during the forecast period. Riveting tools are specialized devices used to install rivets, which are permanent mechanical fasteners commonly used in construction, automotive, and aerospace industries. These tools help securely join materials such as metal or plastic by deforming the rivet body to hold components together. Riveting tools range from manual hand riveters to pneumatic and hydraulic versions, offering precision, efficiency, and strength in fastening applications where welding or screws are not ideal.
Market Dynamics:
Driver:
Rising adoption of lightweight materials
Manufacturers are shifting towards aluminum and composite materials to reduce weight while maintaining durability. This transition enhances vehicle performance, particularly for electric vehicles, where weight reduction improves battery efficiency. Riveting tools play a crucial role in assembling lightweight components with precision and strength. Advancements in material science are further supporting this trend, enabling stronger and lighter riveting solutions. As the automotive industry prioritizes lightweight construction, riveting tool adoption is expected to rise significantly.
Restraint:
Fluctuating raw material prices
Price fluctuations directly impact manufacturing costs, leading to unpredictable profit margins for manufacturers. Economic uncertainty and supply chain disruptions further exacerbate the instability in raw material pricing. Since riveting tools depend on high-quality metals for durability and performance, unstable costs can hinder production and adoption. Companies must find strategies to mitigate risks, such as securing long-term material contracts or investing in alternative alloys. Maintaining cost efficiency is crucial to ensuring sustainable growth in the riveting tools market.
Opportunity:
Increasing demand for electric vehicles (EVs)
As EV production ramps up, there is a growing need for advanced joining techniques that support lightweight and durable vehicle structures. Riveting tools enable efficient assembly of battery compartments, chassis components, and aluminum-based parts used in EVs. Automakers are investing in innovative fastening technologies to enhance efficiency and scalability in EV manufacturing. Additionally, government incentives and regulations favouring sustainable transportation further boost demand.
Threat:
Integration challenges with existing systems
The adoption of new riveting technologies often faces integration challenges within established manufacturing setups. Compatibility issues with traditional joining techniques can lead to inefficiencies and additional costs for manufacturers. Upgrading machinery and production lines to accommodate advanced riveting tools requires significant investment. Additionally, workforce training is essential to ensure proper handling of new riveting systems. Resistance to change among manufacturers can slow down the widespread adoption of advanced riveting technologies.
Covid-19 Impact
The pandemic disrupted global supply chains, affecting the availability and cost of riveting tools and raw materials. Manufacturing delays and reduced workforce availability slowed production, leading to setbacks in industrial expansion plans. However, post-pandemic recovery efforts have accelerated investments in automation and advanced fastening technologies. Companies are now prioritizing resilience in their supply chains and production processes. The pandemic underscored the importance of adaptable and innovative manufacturing approaches.
The pneumatic segment is expected to be the largest during the forecast period
The pneumatic segment is expected to account for the largest market share during the forecast period, due to its efficiency, durability, and widespread industrial use. These tools offer high-speed operation and consistent performance, making them ideal for large-scale production environments. Industries such as automotive, aerospace, and construction rely heavily on pneumatic riveting tools for precision fastening. The growing emphasis on automated manufacturing processes further increases their adoption.
The transportation segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the transportation segment is predicted to witness the highest growth rate. Increasing production of electric and lightweight vehicles is fueling demand for high-performance riveting solutions. Manufacturers are integrating advanced fastening techniques to improve structural integrity and reduce vehicle weight. The aviation sector also contributes to market growth, as riveting tools are crucial for assembling aircraft components. Expanding railway infrastructure projects further boost demand for industrial riveting solutions.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share due to its thriving automotive and industrial sectors. Strong government initiatives promoting electric vehicle production are driving market demand. Countries such as China, Japan, and South Korea are leading in manufacturing innovations, including advanced riveting technologies. The presence of major automotive manufacturers ensures continuous investment in high-performance fastening solutions. Moreover, infrastructure development projects contribute to market expansion.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR. The United States is a key driver of growth, with rising EV production and increased investment in lightweight materials. Automotive manufacturers in the region are embracing innovative fastening technologies for efficiency and cost-effectiveness. Supportive government policies and research funding further bolster technological advancements in riveting tools. Aerospace and defence industries also contribute to market growth, driving demand for high-precision fastening solutions.
Key players in the market
Some of the key players profiled in the Riveting Tools Market include Stanley Black & Decker, Inc., Arconic Fastening Systems, AVK Industrial Products, Cherry Aerospace, GESIPA Blindniettechnik GmbH, Honsel Umformtechnik GmbH, KARAT INDUSTRIAL CORPORATION, Rivtec Limited, Sioux Tools, Inc., Milwaukee Tool, Senkron, Pneumatic Tools (C.H. Hanson), Bessey Tools, Rivet Master, and AeroPress.
Key Developments:
In May 2023, Arconic Corporation announced that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”), in an all-cash transaction that values the Company at an enterprise value of approximately $5.2 billion.
In June 2022, AVK Holding A/S acquired 100% interest in TALIS Group’s UK operations. Going forward, the business will trade as Atlantic Plastics Ltd. and continue to operate out of its head office and manufacturing base in Bridgend, South Wales.
Products Covered:
• Pneumatic
• Battery-Powered
• Hydro-Pneumatic
• Lazy Tong Riveters
• Hand-Held Lever Riveters
• Other Product Types
Applications Covered:
• Automotive & Aerospace
• Building & Construction
• Transportation
• Woodworking & Decorative
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Riveting Tools Market, By Product Type
5.1 Introduction
5.2 Pneumatic
5.3 Battery-Powered
5.4 Hydro-Pneumatic
5.5 Lazy Tong Riveters
5.6 Hand-Held Lever Riveters
5.7 Other Product Types
6 Global Riveting Tools Market, By Application
6.1 Introduction
6.2 Automotive & Aerospace
6.3 Building & Construction
6.4 Transportation
6.5 Woodworking & Decorative
6.6 Other Applications
7 Global Riveting Tools Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Stanley Black & Decker, Inc.
9.2 Arconic Fastening Systems
9.3 AVK Industrial Products
9.4 Cherry Aerospace
9.5 GESIPA Blindniettechnik GmbH
9.6 Honsel Umformtechnik GmbH
9.7 KARAT INDUSTRIAL CORPORATION
9.8 Rivtec Limited
9.9 Sioux Tools, Inc.
9.10 Milwaukee Tool
9.11 Senkron
9.12 Pneumatic Tools (C.H. Hanson)
9.13 Bessey Tools
9.14 Rivet Master
9.15 AeroPress
List of Tables
1 Global Riveting Tools Market Outlook, By Region (2024-2032) ($MN)
2 Global Riveting Tools Market Outlook, By Product Type (2024-2032) ($MN)
3 Global Riveting Tools Market Outlook, By Pneumatic (2024-2032) ($MN)
4 Global Riveting Tools Market Outlook, By Battery-Powered (2024-2032) ($MN)
5 Global Riveting Tools Market Outlook, By Hydro-Pneumatic (2024-2032) ($MN)
6 Global Riveting Tools Market Outlook, By Lazy Tong Riveters (2024-2032) ($MN)
7 Global Riveting Tools Market Outlook, By Hand-Held Lever Riveters (2024-2032) ($MN)
8 Global Riveting Tools Market Outlook, By Other Product Types (2024-2032) ($MN)
9 Global Riveting Tools Market Outlook, By Application (2024-2032) ($MN)
10 Global Riveting Tools Market Outlook, By Automotive & Aerospace (2024-2032) ($MN)
11 Global Riveting Tools Market Outlook, By Building & Construction (2024-2032) ($MN)
12 Global Riveting Tools Market Outlook, By Transportation (2024-2032) ($MN)
13 Global Riveting Tools Market Outlook, By Woodworking & Decorative (2024-2032) ($MN)
14 Global Riveting Tools Market Outlook, By Other Applications (2024-2032) ($MN)
15 North America Riveting Tools Market Outlook, By Country (2024-2032) ($MN)
16 North America Riveting Tools Market Outlook, By Product Type (2024-2032) ($MN)
17 North America Riveting Tools Market Outlook, By Pneumatic (2024-2032) ($MN)
18 North America Riveting Tools Market Outlook, By Battery-Powered (2024-2032) ($MN)
19 North America Riveting Tools Market Outlook, By Hydro-Pneumatic (2024-2032) ($MN)
20 North America Riveting Tools Market Outlook, By Lazy Tong Riveters (2024-2032) ($MN)
21 North America Riveting Tools Market Outlook, By Hand-Held Lever Riveters (2024-2032) ($MN)
22 North America Riveting Tools Market Outlook, By Other Product Types (2024-2032) ($MN)
23 North America Riveting Tools Market Outlook, By Application (2024-2032) ($MN)
24 North America Riveting Tools Market Outlook, By Automotive & Aerospace (2024-2032) ($MN)
25 North America Riveting Tools Market Outlook, By Building & Construction (2024-2032) ($MN)
26 North America Riveting Tools Market Outlook, By Transportation (2024-2032) ($MN)
27 North America Riveting Tools Market Outlook, By Woodworking & Decorative (2024-2032) ($MN)
28 North America Riveting Tools Market Outlook, By Other Applications (2024-2032) ($MN)
29 Europe Riveting Tools Market Outlook, By Country (2024-2032) ($MN)
30 Europe Riveting Tools Market Outlook, By Product Type (2024-2032) ($MN)
31 Europe Riveting Tools Market Outlook, By Pneumatic (2024-2032) ($MN)
32 Europe Riveting Tools Market Outlook, By Battery-Powered (2024-2032) ($MN)
33 Europe Riveting Tools Market Outlook, By Hydro-Pneumatic (2024-2032) ($MN)
34 Europe Riveting Tools Market Outlook, By Lazy Tong Riveters (2024-2032) ($MN)
35 Europe Riveting Tools Market Outlook, By Hand-Held Lever Riveters (2024-2032) ($MN)
36 Europe Riveting Tools Market Outlook, By Other Product Types (2024-2032) ($MN)
37 Europe Riveting Tools Market Outlook, By Application (2024-2032) ($MN)
38 Europe Riveting Tools Market Outlook, By Automotive & Aerospace (2024-2032) ($MN)
39 Europe Riveting Tools Market Outlook, By Building & Construction (2024-2032) ($MN)
40 Europe Riveting Tools Market Outlook, By Transportation (2024-2032) ($MN)
41 Europe Riveting Tools Market Outlook, By Woodworking & Decorative (2024-2032) ($MN)
42 Europe Riveting Tools Market Outlook, By Other Applications (2024-2032) ($MN)
43 Asia Pacific Riveting Tools Market Outlook, By Country (2024-2032) ($MN)
44 Asia Pacific Riveting Tools Market Outlook, By Product Type (2024-2032) ($MN)
45 Asia Pacific Riveting Tools Market Outlook, By Pneumatic (2024-2032) ($MN)
46 Asia Pacific Riveting Tools Market Outlook, By Battery-Powered (2024-2032) ($MN)
47 Asia Pacific Riveting Tools Market Outlook, By Hydro-Pneumatic (2024-2032) ($MN)
48 Asia Pacific Riveting Tools Market Outlook, By Lazy Tong Riveters (2024-2032) ($MN)
49 Asia Pacific Riveting Tools Market Outlook, By Hand-Held Lever Riveters (2024-2032) ($MN)
50 Asia Pacific Riveting Tools Market Outlook, By Other Product Types (2024-2032) ($MN)
51 Asia Pacific Riveting Tools Market Outlook, By Application (2024-2032) ($MN)
52 Asia Pacific Riveting Tools Market Outlook, By Automotive & Aerospace (2024-2032) ($MN)
53 Asia Pacific Riveting Tools Market Outlook, By Building & Construction (2024-2032) ($MN)
54 Asia Pacific Riveting Tools Market Outlook, By Transportation (2024-2032) ($MN)
55 Asia Pacific Riveting Tools Market Outlook, By Woodworking & Decorative (2024-2032) ($MN)
56 Asia Pacific Riveting Tools Market Outlook, By Other Applications (2024-2032) ($MN)
57 South America Riveting Tools Market Outlook, By Country (2024-2032) ($MN)
58 South America Riveting Tools Market Outlook, By Product Type (2024-2032) ($MN)
59 South America Riveting Tools Market Outlook, By Pneumatic (2024-2032) ($MN)
60 South America Riveting Tools Market Outlook, By Battery-Powered (2024-2032) ($MN)
61 South America Riveting Tools Market Outlook, By Hydro-Pneumatic (2024-2032) ($MN)
62 South America Riveting Tools Market Outlook, By Lazy Tong Riveters (2024-2032) ($MN)
63 South America Riveting Tools Market Outlook, By Hand-Held Lever Riveters (2024-2032) ($MN)
64 South America Riveting Tools Market Outlook, By Other Product Types (2024-2032) ($MN)
65 South America Riveting Tools Market Outlook, By Application (2024-2032) ($MN)
66 South America Riveting Tools Market Outlook, By Automotive & Aerospace (2024-2032) ($MN)
67 South America Riveting Tools Market Outlook, By Building & Construction (2024-2032) ($MN)
68 South America Riveting Tools Market Outlook, By Transportation (2024-2032) ($MN)
69 South America Riveting Tools Market Outlook, By Woodworking & Decorative (2024-2032) ($MN)
70 South America Riveting Tools Market Outlook, By Other Applications (2024-2032) ($MN)
71 Midddle East & Africa Riveting Tools Market Outlook, By Country (2024-2032) ($MN)
72 Midddle East & Africa Riveting Tools Market Outlook, By Product Type (2024-2032) ($MN)
73 Midddle East & Africa Riveting Tools Market Outlook, By Pneumatic (2024-2032) ($MN)
74 Midddle East & Africa Riveting Tools Market Outlook, By Battery-Powered (2024-2032) ($MN)
75 Midddle East & Africa Riveting Tools Market Outlook, By Hydro-Pneumatic (2024-2032) ($MN)
76 Midddle East & Africa Riveting Tools Market Outlook, By Lazy Tong Riveters (2024-2032) ($MN)
77 Midddle East & Africa Riveting Tools Market Outlook, By Hand-Held Lever Riveters (2024-2032) ($MN)
78 Midddle East & Africa Riveting Tools Market Outlook, By Other Product Types (2024-2032) ($MN)
79 Midddle East & Africa Riveting Tools Market Outlook, By Application (2024-2032) ($MN)
80 Midddle East & Africa Riveting Tools Market Outlook, By Automotive & Aerospace (2024-2032) ($MN)
81 Midddle East & Africa Riveting Tools Market Outlook, By Building & Construction (2024-2032) ($MN)
82 Midddle East & Africa Riveting Tools Market Outlook, By Transportation (2024-2032) ($MN)
83 Midddle East & Africa Riveting Tools Market Outlook, By Woodworking & Decorative (2024-2032) ($MN)
84 Midddle East & Africa Riveting Tools Market Outlook, By Other Applications (2024-2032) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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