NEWARK, Del, March 28, 2023 (GLOBE NEWSWIRE) -- The industrial nailers market is anticipated to expand its roots at a steady CAGR of 7.8% between 2023 and 2033. The market is predicted to cross a market share of US$ 1,432.6 million by 2033 while it is likely to be valued at US$ 678.6 million in 2023.
- The significantly growing construction industry with advancements related to techniques and tools is anticipated to fuel market growth. Furthermore, the increased productivity and efficiency of advanced nail gun motors are fueling the demand for industrial nailers.
- The advent of application-specific framing & sheathing nailers, sliding & fencing mailers and other nailers are garnering market growth. The companies also try to make the industrial nailers less tricky so that accidents while nailing can be prevented.
- The high demand from the automobile industry is there as it fixes different parts of the car through different procedures and nailing is one of these procedures. Hence, the market has thrived through the expanding automotive industry.
- Government projects including development initiatives along with disaster relief programs are building and re-building cities. These activities demand advanced tools. Hence, it consequently fuels the demand for industrial nailers.
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Key Points
- The United States market leads the industrial nailers market in terms of sales volume in North America. The market holds a market share of 20.5% in 2023. The market growth is attributed to the high number of industries setting up with sustainable products.
- India industrial nailers market leads South Asia market in terms of CAGR with a leading CAGR of 9.4% between 2023 and 2033. The regional growth is attributed to high foreign investment and expanding E-commerce businesses.
- Chinaindustrial nailers market on the other side flourishes at a CAGR of 8.8% between 2023 and 2033. The hub of smart technology along with it being an assembling ground for major technological giants is expected to fuel its growth during the forecast period.
- The framing and sheathing nailers segment is likely to thrive in the product type category as it holds a market share of 23.3% in 2023. The growth is attributed to the increased renovation and construction activities.
Competitive Landscape
The key vendors work on producing nailers that are efficient, safe, and powerful. Brands also work on creating application-driven industrial nailers such as sliding & fencing nailers. Key competitors also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel. The key players in the market are Stanley Black & Decker, Illinois Tool Work Inc., Robert Bosch Power Tools GmbH, Kyocera Corp, Everwin Pneumatic Corp, Techtronic Industries Co. Ltd., Apach Industrial Co. Ltd., JAACO CORP, Raimund Beck KG, DEWALT, and Aerosmith Fastening.
Recent Market Developments:
- Aerosmith Fastening has introduced its TraxPin and PowerPin construction-based nailers. It also has a range of different nailers including framing and sheathing nailers.
- Apach Industrial Co. Ltd has launched a new range of advanced industrial nailers that include coil nailers, framing nailers finish nailers, specialty, staplers, and other carton closing tools. Framing nailers holds professional power pneumatic nailer motor that drives power for different degree strip framing nailers.
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Industrial Nailers Market: Segmentation
Industrial Nailers Market by Category:
- Pneumatic Industrial Nailers
- Cordless Industrial Nailers
- Gas-powered Industrial Nailers
Industrial Nailers Market by Product:
- Brad & Pins
- Coils
- Roofing
- Framing & Sheathing
- Flooring
- Sliding & Fencing
- Others
Industrial Nailers Market by Operation:
- Handheld Industrial Nailers
- Automatic Industrial Nailers
Industrial Nailers Market by Nail Length:
- Less than 20 mm
- 20 to 40 mm
- 40 to 60 mm
- 60 to 80 mm
- Above 80 mm
Industrial Nailers Market by Application:
- Furniture
- Millwork
- Pallets & Crating
- Leather Goods Manufacturing
- Steel Skids
- Construction & Framing
- Automotive Interiors
- Others
Key Regions Covered:
- North America
- Latin America
- Europe
- Japan
- Asia Pacific Excluding Japan
- The Middle East and Africa
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Table of Content
1. Executive Summary | Industrial Nailers Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
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Old Source: Industrial Nailers Market Projected to Increase at a CAGR of 7.9% & Attain a Valuation of US$ 1.15 Bn by the End of 2030, Says FMI
