According
to a new market research report published by Credence Research “Riveting
Machines Market(by Machine Type: Impact Riveting, Orbital Riveting and
Others (Radial Riveting, Rollerform Riveting, Automatic Drilling & Riveting
Machines, etc.); 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”, the riveting machines market estimated to grow with a CAGR of 3.9%
during the forecast period from 2018 to 2026.
Market
Insights:
Riveting
or riveted joints has come a long way providing significant contribution as
permanent joint in industrial and structural constructions since its early
inception. Even in modern world, riveted joints play a significant role across
several end-user applications such as shipbuilding, bridges, boiler tanks and
shells and armored vehicles among others. Although advancement in welding
technology replaced riveting joints from different fronts, still riveting
joints are not completely replaceable and maintained their impact in permanent
fasting applications. Consequently, the demand for riveting joints and riveting
machines are experiencing consistent growth and expected to continue their
growth throughout the forecast period from 2018 to 2026.
The complete report is available at https://www.credenceresearch.com/report/riveting-machines-market
Riveting
machines can easily join two or more metal plates, reducing heavy labor and
avoiding considerable inaccuracy appearing in manual riveting. Riveting joints
are capable of withstanding heavy load and high yield strength owing to the
better stress distribution across the structure. Riveting joints are
non-flexible and do not allow damage-free or easy installation alterations.
Therefore, riveting machines have a limited application in moving machine
parts. However, these joints are almost exceptional for joining heavy permanent
structures bearing heavy stress and load. The aforementioned factors are
helping riveting machines market to maintain market value and are projected to
maintain their steady growth in coming years.
Competitive
Insights:
The
research analysis covers exhaustive analysis of 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.,
ATOLI MACHINERY CO., LTD. Riveting machines manufacturers face stiff completion
from several local as well as international players. As the market is highly
fragmented, the manufacturers have to negotiate with their profit margins in
order to stay competitive. The business strategies adopted by major
manufacturers is discussed in detail in the research study.
Key
Analysis Covered:
- Consistently
rising demand for dependable permanent fastening solutions and its effects
on the development of riveting machines market
- Growth of
several end-user industries and their development complementing the growth
of riveting machines market
- Different
segments of riveting machines and their standing in terms of market value
- The role
played by riveting machines in heavy structural construction, locomotive
building, and energy generation sector
- Highlighting
the factors boosting the demand for impact as well as orbital riveting
machines
- Role of
developing region such as Asia Pacific, Middle East & Africa and Latin
America and their effect on global riveting machines market
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By Machine Type
(2016–2026; US$ Mn)
Impact Riveting
Orbital Riveting
Others (Radial Riveting, Rollerform
Riveting, Riveting Machines, etc.)
By Power Source
(2016–2026; US$ Mn)
- Hydraulic
- Pneumatic
- Electric
By End-use
Industries (2016–2026; US$ Mn)
- Industrial Manufacturing
- Automotive
- Oil & Gas
- Power Generation
- Construction
- Transportation
- Others (Logistics, Aerospace &
Defense, etc.)
By Geography
Segment (2016–2026; US$ Mn)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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