Loading...

Riveting Equipment Market: Global opportunity analysis and industry forecast, 2020-2027

A07045
Pages: NA
Sep 2020 | 63 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Riveting Equipment Market: Global opportunity analysis and industry forecast, 2020-2027

Request Now !

Riveting equipment Market Outlook - 2027

Riveting is a forging process, in which two parts are joined together by using a piece of metal usually known as rivet. Different types of riveting technologies are currently being employed in the industry. Pressed riveting, radial riveting and orbital riveting are some the riveting technologies which are currently being used. Riveting provides better quality of joint as compare to the other joining processes such as welding, brazing and soldering. In past few years, automated riveting has also been used in the manufacturing industry. In comparison with manual riveting, automated riveting gives better finishing as well as better joint quality. Riveting method is used in different industries such as automotive industry, aerospace industry.

 

Market scope and structure

       Report Metric

                                    Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Application, product and Region

  Companies covered

Major players analyzed include Arconic Fastening Systems, BalTec Corporation, Bollhoff Fastenings Pvt. Ltd., GESIPA Blindniettechnik GmbH, Stanley Black & Decker, Inc.,Rivtec Ltd, Chicago rivet & machine co., Edward Segal Inc, Orbitform , Orbital Systems

 

Regions covered

North America

Europe

Asia-Pacific

LAMEA

U.S., Canada and Mexico

Germany, France, UK, Italy, Spain and the Rest of Europe

China, Japan, India and the Rest of Asia Pacific

Latin America, Middle East and Africa

 

 

 

 

 

 

 

 

COVID-19 scenario analysis:

  • The demand for riveting equipment is expected to decrease in the year 2020 due to low demand from manufacturing industry. 
  • COVID-19 pandemic has shut-down the production of various products in the riveting equipment industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of riveting equipment market significantly from last few months, as is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of corona virus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors:

Riveting has emerged as an important and effective joining process in recent times. Riveting has wide range applications in different industries such as automobile, aerospace, boiler manufacturing. Riveting can also be used in construction and transportation industry as well. There has been some technological advancement in riveting methods. Industries have started using pneumatic riveting rather than using conventional or manual riveting for their operation. With rise in population in some Asian countries like India, china, Japan there is a rise in demand for automobiles as well. This helps in the growth of manufacturing industry and ultimately could prove to be the key driving factor for the growth of riveting equipment market. However, for riveting skilled labors are required, so the availability of skilled labor and training could be the restraining factor to the growth of riveting equipment industry.

The riveting equipment market trends are:

Use of new technology

Riveting methods has evolved in last few years. Industries are using new riveting technologies such as pneumatic riveting, riveting robots. These processes are more efficient and reliable as compare to the conventional manual riveting method.

Following are some technologies which are used in riveting method:

Pneumatic riveting: The operation of pneumatic riveting gun is very simple. Compressed air pushes the rivet in desired area when the operator presses the trigger of pneumatic riveting gun. Various advantages of pneumatic riveting gunover the convention riveting can be observed. 
Pneumatic riveting guns are light in weight so that the operator can operate with ease without facing any difficulty. 

Also, no power source is required for pneumatic rivet gun as there is no battery installed in the gun. 

Quality of the joint achieved by pneumatic riveting gun is better as compare to the manual riveting.

Pneumatic riveting method is used in a modern Boeing 747.

Robotic riveting: Robotic riveting one of the technologically advanced method of riveting. Robotic riveting provides the joint with great precision and accuracy as well.

Use of riveting in aerospace industry: An aircraft contains large number of joints and materials used for the manufacturing of aircraft are heavy materials. Riveting plays an important role in manufacturing of an aircraft. As riveting provides strong joint, better finishing, it is widely used in the aircraft industry. Also pneumatic riveting process is efficient, so it preferred over the other riveting processes.

As the aerospace industry is progressing, it will help riveting equipment market to grow.

Improvement in Asia Pacific region:

There is high demand from automotive sector especially from Asian developing countries like India. Huge number of manufacturing opportunities is present in these countries. Therefore, riveting market is also expected to grow in these regions.

Restraining factors to the growth of riveting equipment market

There are some factors which can be the restraining factors to the growth of the riveting equipment market. Skilled labors can one of the restraining factor for the growth. Proper training must be provided to the labor. 

Also the cost of equipment used for riveting is considered to be on higher side and because of technological advancements in the riveting equipment; its cost is expected to be more. Process of riveting is time consuming, therefore some companies prefers other metal joining processes such as welding, brazing. 

Key segments covered:

                 Segments

                                     Sub-segments

  Product

 

  • Pneumatic
  • Hydraulic
  • Electric

  Applications

 

  • Automotive & Aerospace
  • Building & Construction
  • Transportation
  • others

  Type

 

  • Impact Riveting
     
  • Orbital Riveting
     
  • Radial (Spiral form) Riveting
     
  • Roller form Riveting

 

Key benefits of the report:

  • This study presents the analytical depiction of the riveting equipment market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
  • The report provides a detailed riveting equipment market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 

PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library,  T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Riveting Equipment Market: Global opportunity analysis and industry forecast, 2020-2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library.  T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts