Riveting Tools Market Size, Share & Trends Report

Riveting Tools Market Size, Share & Trends Analysis Report By Product (Pneumatic, Battery Powered), By Application (Automotive & Aerospace, Building & Construction, Transportation), And Segment Forecasts, 2019 - 2025

  • Published Date: Jan, 2019
  • Base Year for Estimate: 2017
  • Report ID: GVR-2-68038-686-8
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2016
  • Number of Pages: 194

Industry Insights

The global riveting tools market size was estimated at USD 199.0 million in 2017 and is expected to register a CAGR of 4.6% from 2018 to 2025. Increasing demand from steel structure installations in construction industry and infrastructure development is expected to emerge as one of the primary factors driving the market.

Use of the advanced riveting tools in flooring and outer body bonding for critical applications in transportation is expected to further drive the market over the forecast period. Furthermore, the market is expected to benefit from the growing usage of the product for installing rivets in assembly and manufacture of industrial machinery.

U.S. riveting tools market

Riveting is one of the most prominently used technologies in fabrication processes, which ensures joining of two components. Orbital, radial, and pressed riveting technologies are some of the popularly used mechanisms in the industry. Radial riveting is one of the prominently used technologies, as it provides high-quality joints with less input force and reduced cycle time.

The market is characterized by the presence of a large number of global manufacturers. Top players hold design and technology patents, thereby posing a barrier to the new entrants. Furthermore, requirement of an extensive technical base for the companies operating in the market, results in high initial capital cost, which lowers the threat of new entrants.

The pneumatic rivet tools are expected to witness a decline in price, owing to the emergence of battery-powered riveting tools. Higher efficiency of the product is expected to enhance the replacement rate in favor of the product. However, the replacement rate is expected to be low for aerospace industry as the major companies have pre-installed infrastructure for use of pneumatic tools.

Since, steel is the primary raw materials for manufacturing these tools, the imposition of 25% anti-dumping duties on the imports of steel from China, is anticipated to increase the steel prices in U.S. This, in turn, is anticipated to have a negative impact on manufacturing in the country.

Product Insights

The pneumatic riveting tools find extensive application in the building and construction industry. The product requires low maintenance and hence, it is a preferred choice for the consumers as compared to the hand held varient. It uses compressed air for their operation, which results in an increase in operational lifetime of the product.

The use of hydro-pneumatic tools in aerospace and transportation is likely to grow as they can be adjusted to variations in required pressure and provide superior precision control. In addition, the use in the assembly of transportation vehicles is also expected to drive the growth of the riveting tools market in near future.

Introduction of low priced battery powered rivet guns is expected to result in an increased adoption of the product, which in turn is expected to drive the market over the forecast period. Various benefits, such as wireless operation, faster operation cycles, and increased efficiency coupled with low-cost is anticipated to boost its market penetration.

The hand held lever riveting tools find extensive use in various application industries such as building and construction for both residential and commercial buildings. The use of the product for repair and maintenance, air conditioning installations, roofing and flashing, and in sheet metal construction is expected to drive the market over the forecast period.

Application Insights

Demand from automotive industry, especially in manufacturing of passenger cars is expected to grow in the wake of growth in production primarily in China and India. In addition, recovering automotive production in economies, such as Brazil and Russia is expected to provide an impetus to the market over the forecast period.

Aerospace industry accounts for a high usage of rivets which in turn leads to an increased demand. High usage of rivets in aircraft components, such as cabin interiors, aircraft body, and others is expected to emerge as the major factors driving the growth.

Global riveting tools market

Demand in building and construction industry is expected to grow owing to the increasing use of rivets in bonding of door and window panels. In addition, growing usage in commercial buildings, driven by superior aesthetics and easy to install properties of rivets coupled with the extensive application scope in such installations is anticipated to bode well for growth.

Usage of riveting tools in the transportation vehicles is observed to be high due to the requirement of high stress resistance. Increasing use of advanced rivets in the trailer roof assembly, wherein the product is used for attaching transversal profiles and other sheet elements to the structures, is estimated to further drive the growth.

Regional Insights

Asia Pacific has led the market share in terms of consumption, owing to increasing demand for assembly and MRO operations in aerospace applications in developing economies. Sustained growth in construction sector due to increase in infrastructure development activities is anticipated to further boost growth.

The presence of a robust manufacturing base in U.S. coupled with rapid growth of automotive sector in Mexico is likely to augment the demand from North America in the foreseeable future. Increasing investments from major automotive manufacturers, such as Toyota and General Motors, in a bid to increase the production capacities, are expected to drive the regional growth.

Shifting trends toward the development of lightweight and eco-efficient vehicles is expected to have a positive impact on the product demand in Europe. The industry is also expected to benefit from the recovery of residential and commercial construction sectors in Europe. In addition, presence of major aircraft and aircraft parts manufacturers is predicted to have a positive impact on the regional market growth in near future.

Central and South America is expected to witness an increase in demand for riveting tools over the forecast period owing to the escalating adoption of rivets as fasteners in automotive and aerospace industries. Increasing demand for lightweight and advanced tools for fastening in automobiles is expected to accelerate the replacement rate of the fasteners, in turn, driving the market growth in the region.

Riveting Tools Market Share Insights

The market is concentrated in Asia Pacific and is characterized by the presence of a large number of medium-scale and small-scale manufacturers. Low manufacturing cost and high product consumption contributes to the extensive presence of companies in the region. Players in North America and Europe are extensively engaged in mergers and acquisitions, leading to a consolidated market.

Market players lay high emphasis on the use of online sales platforms as distribution channel, to attract individual consumers. In addition, key companies operate their business through extensive third-party distribution channels to strengthen their geographical presence.

Report Scope



Base year for estimation


Actual estimates/Historical data

2014 - 2016

Forecast period

2018 - 2025

Market representation

Volume in Thousand Units, Revenue in USD Million and CAGR from 2018 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Country scope

U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, UAE, Saudi Arabia

Report coverage

Volume forecast, Revenue forecast, competitive landscape, growth factors and trends

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Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global riveting tools market report on the basis of product, application, and region:

  • Product Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

    • Pneumatic

    • Hydro-pneumatic

    • Battery Powered

    • Lazy Tong

    • Hand Held Lever

  • Application Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

    • Automotive & Aerospace

    • Building & Construction

    • Transportation

    • Woodworking & Decorative

    • Others

  • Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

    • Central & South America

      • Brazil

      • Argentina

    • Middle East & Africa

      • United Arab Emirates

      • Saudi Arabia

Key questions answered by the report
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