Global Automatic Riveting Machine
Market Report
2025
The Global Automatic Riveting Machine Market will grow at a compound annual growth rate (CAGR) of 5.90% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global automatic riveting machine market will grow at a compound annual growth rate (CAGR) of 5.90% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Automatic Riveting Machine Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.9% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Automatic Riveting Machine Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An automated riveting machine is a tool used to fasten two pieces of metal together through driving a rivet through each piece. The device holds the parts close while the rivet solidifies and cools using a pneumatic or hydraulic ram. Due to the rising need for these machines across a number of industries, including manufacturing, construction, aerospace, and automotive, the market for riveting machines has experienced substantial growth. The expansion of these sectors has increased the need for effective and dependable riveting equipment.
The Automatic Riveting Machine sector is growing as a result of these innovations, which enable companies to provide more customised products and services.
(Source:www.ncbi.nlm.nih.gov/pmc/articles/PMC10004697/)
One of the biggest markets for riveting machines is the construction and industrial sectors, and as these sectors expand, so does the demand for riveting machines. Investment in construction projects is being fueled by the rising need for new structures and infrastructure as the world's population continues to urbanize. Since riveting machines are required to assemble and fasten the parts of large structures, the demand for new buildings and infrastructure is expanding, as is the demand for these machines. Demand for riveting machines is being driven by the industrial sector, which is a significant consumer of these devices.
In Tier 1 cities in particular, the growing population is driving a desire for increased living space. Both public sector organizations and private sector businesses have intensified their construction efforts to meet the demand. The development of rural areas is a priority for the Indian government.
(Source:www.niti.gov.in/sites/default/files/2021-09/UrbanPlanningCapacity-in-India-16092021.pdf)
Riveting machines are intricate equipment that need specialised maintenance and repair knowledge and abilities. Long durations of downtime may be required for maintenance because it can be challenging to reach these machines and many of the parts are challenging to replace. Customers may have trouble locating the essential knowledge to keep their machines operating efficiently due to the complexity of these machines and the dearth of experienced manpower on the market. This difficulty in maintenance and repair may lead to higher expenses, longer downtime times, and poorer production efficiency. Additionally, a lot of the parts utilised in riveting machines are put under a lot of stress and wear and tear, which can lead to frequent breakdowns and repairs.
Numerous industries, notably the market for riveting machines, have been severely impacted by the COVID-19 pandemic. Consumer spending and investments in commercial and industrial developments fell as a result of the pandemic, which also caused a global economic slump. Due to the fact that such equipment is frequently used in Chese applications, the reduction in demand for construction and industrial items had an impact on the demand for it. The epidemic also caused numerous manufacturing facilities to shut down, which disrupted the supply chain and significantly decreased the availability of such machines. Customers found it more challenging to purchase these equipment as a result of the restrictions on the transportation of products and materials, which also had an impact on their distribution.
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There are many small- and medium-sized manufacturers operating on a global scale who offer a variety of goods for diverse uses. High consumption of goods in manufacturing operations and cheap production costs has given industry participants room to expand their production capabilities. A concentrated market results from the focus of major corporations in North America and Europe on mergers and acquisitions.
(Source:www.chicagorivet.com/wp-content/uploads/Form10Q-2Q2023.pdf)
(Source:fastenereurasia.com/?h2045/germany-industry-overview)
Top Companies Market Share in Automatic Riveting Machine Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Due to a number of factors, North America controlled the market in 2022 and contributed more than 35% of the global revenue, as reported by Cognitive Market Research. The Automatic Riveting Machine market is dominated by North America. Over the projected period, the market for riveting tools is anticipated to be driven by the nation's expanding manufacturing sector as well as its thriving aerospace and automotive manufacturing sectors. The United States' well-established manufacturing industry is projected to contribute to the market expansion, as are rising government investments in manufacturing practises. Additionally, it is anticipated that the burgeoning automobile manufacturing sector in Mexico and rising investments from global companies like General Motors and Toyota to expand production capacities will promote North American consumer demand for the product.
Furthermore, due to the rising demand for the item for Maintenance, Repair, and activities (MRO) and assembly activities, Asia Pacific had the market's quickest growth rate in 2022. Over the projected period, the region's expanding manufacturing sector, particularly in China and India, is likely to fuel demand for riveting tools. The main end customers in the region are probably the building and construction sectors and the automotive manufacturing sector. It is anticipated that increasing need for sophisticated and lightweight fastening in automobiles would increase demand for rivets, which will increase demand for riveting equipment. It is anticipated that the expanding automotive and aerospace sectors in Central and South Africa will foster market expansion.
The current report Scope analyzes Automatic Riveting Machine Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automatic Riveting Machine Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automatic Riveting Machine Industry growth. Automatic Riveting Machine market has been segmented with the help of its Type, Application , and others. Automatic Riveting Machine market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The product that is used the most commonly in the marketplace for Automatic Riveting Machines is radial riveting, claims Cognitive Market Research. Two pieces of metal are connected using a rivet through a method called radial riveting. The term "spiral-form riveting" also applies to this technique. In the manufacture of vehicles such as cars and aeroplanes, radial riveting, a sort of automatic riveting, is frequently employed. When two pieces of metal are joined together by a rivet, this kind of procedure is employed. In the manufacture of aircraft and vehicles, radial riveting, a sort of automatic riveting, is frequently employed.
The fastest expanding market in this segment is orbital riveting. Fastening or connecting multiple parts together mechanically is known as orbital riveting. With the use of a specialized press, it operates at a high rate of speed and power to drive rivets into the work pieces. There is no rotational or parallel motion in the device, and the only method to apply pressure is by rotating the wheel quickly to create centrifugal force.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automatic Riveting Machine Industry. Request a Free Sample PDF!
In terms of overall revenue share, the vehicle applications segment held the biggest market share in 2022. Because of their use in the construction of heavy-duty vehicle components including engines, gearboxes, and body structures, it is anticipated that there will be an increase in demand for rivets in the automotive industry. Due to high rates of production and frequent replacement or maintenance activities on automotive components, vehicles are one of the main application areas for automatic riveting machines.
In comparison to other application segments, the aircraft application segment is expected to grow at the fastest CAGR from 2018 to 2030, primarily due to rising demand for aluminium alloys, which are widely used as structural elements in aircraft due to their light-weight properties but also because they reduce drag. This directly increases fuel efficiency and reduces CO2 emissions during the manufacture of an aircraft component or even throughout its entire life cycle.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automatic Riveting Machine Market is witnessing significant growth in the near future.
In 2023, the Impact Riveting segment accounted for noticeable share of global Automatic Riveting Machine Market and is projected to experience significant growth in the near future.
The Vehicles segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Baltec , Chicago Rivet & Machine Co and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Impact Riveting, Orbital Riveting, Radial Riveting, Rollerform Riveting |
Application | Vehicles, Aircraft, Textile, Construction, Other |
List of Competitors | Baltec, Orbitform, Chicago Rivet & Machine Co, National Rivet & Manufacturing Co, AGME Automated Assembly Solutions, S. Dunkes GmbH, Edward Segal Inc, Superior Rivet Machines, IRIVET, Atoli, Orbital Systems |
This chapter will help you gain GLOBAL Market Analysis of Automatic Riveting Machine. Further deep in this chapter, you will be able to review Global Automatic Riveting Machine Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automatic Riveting Machine. Further deep in this chapter, you will be able to review North America Automatic Riveting Machine Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automatic Riveting Machine. Further deep in this chapter, you will be able to review Europe Automatic Riveting Machine Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automatic Riveting Machine. Further deep in this chapter, you will be able to review Asia Pacific Automatic Riveting Machine Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automatic Riveting Machine. Further deep in this chapter, you will be able to review South America Automatic Riveting Machine Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Automatic Riveting Machine. Further deep in this chapter, you will be able to review Middle East and Africa Automatic Riveting Machine Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Automatic Riveting Machine. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automatic Riveting Machine market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Impact Riveting have a significant impact on Automatic Riveting Machine market? |
What are the key factors affecting the Impact Riveting and Orbital Riveting of Automatic Riveting Machine Market? |
What is the CAGR/Growth Rate of Vehicles during the forecast period? |
By type, which segment accounted for largest share of the global Automatic Riveting Machine Market? |
Which region is expected to dominate the global Automatic Riveting Machine Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Additional Qualitative Data |
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Additional Quantitative Data |
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