What is the size of Riveting Equipment Market?
According to 6Wresearch internal database and industry insights, the Global Riveting Equipment Market was valued at USD 1.1 Billion in 2024 and is expected to reach USD 1.5 Billion by 2031, growing at a compound annual growth rate of 4% during the forecast period (2025-2031).
The factors propelling this growth are the continuing acceptance of lightweight materials in assembly operations, demand for more accurate joining technologies in the manufacturing sector, and rising automation in fastening processes to increase productivity and improve structural strength.
Growth Factors for Riveting Equipment Industry
- Increasing use of riveting equipment for joining lightweight and dissimilar materials in vehicle production.
- Expansion of infrastructure, building and industrial projects creates a need for robust fastening equipment.
- Growing adoption of automation and robotic riveting systems is enhancing assembly efficiency and consistency.
- Rising manufacturing of aerospace and defence structures necessitates high-strength permanent joints.
- Development of portable and electrically powered riveting machines enabling flexible on-site deployment.
Riveting Equipment Market Trends
Market Trends in Riveting Equipment continue to propel a swing towards smart and automated riveting systems in all market sectors. There is also the trend of more ergonomic handheld riveting tools and systems that support connection to Industry 4.0 platforms that enable real-time monitoring of joint quality. As the use of lightweight composites increases in structure, riveting equipment manufacturers are developing specialised systems to accommodate the new materials and intricate geometries, with a commitment to using energy-efficient and digitally connected tools.
Emerging Developments in the Riveting Equipment Market
Developments in Riveting Equipment markets include launching electrically driven riveting machines and battery-powered portable riveting tools to allow the user flexibility and reduced energy consumption. More suppliers also provide modular automated riveting cells that fit into existing production lines, allowing for flexible manufacturing. The Developments toward aftermarket service and digital support platforms are growing, allowing predictive maintenance of the riveting equipment so that the assembly lines can remain in production.
List of Leading Companies in the Riveting Equipment Market
Some of the leading companies include:
- Arconic
- BalTec International AG
- Bollhoff Fastenings GmbH
- DENESA Systems S.p.A.
- GESIPA Blindniettechnik GmbH
- Stanley Black & Decker, Inc.
- FAR S.r.l.
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