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Global Assembly Fastening Tools Market to reach USD 45.11 billion by 2028

Global Assembly Fastening Tools Market Size study, by Tool Type (Right Angle Tool, Inline Tool, Pistol Grip Tool, Others), by End-Use (Aerospace & Defense, Heavy Equipment, Automotive, Semiconductor & Electronics, Healthcare, Others) and Regional Forecasts 2022-2028

Product Code: EESC-95949163
Publish Date: 30-04-2022
Page: 200

Global Assembly Fastening Tools Market is valued at approximately USD 30 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.00 % over the forecast period 2022-2028. An assembly tool is a physical tool used to connect, assemble or link several implemented system elements and to build aggregates. The increasing use of fasteners in various end-use industries and growing construction industry in emerging economies has led to the adoption of Assembly Fastening Tools across the forecast period. For Instance: as per the AGC, The construction industry has more than 733,000 employers with over 7 million employees and creates nearly $1.4 trillion worth of structures each year and residential building improvements in the United States were estimated to have an annual value of over 205 billion U.S. dollars by 2023. Also, with the rising adoption of automation and battery-powered power tools globally, the adoption & demand for Assembly Fastening Tools is likely to increase the market growth during the forecast period. However, high repair and replacement parts costs and fluctuations in raw materials prices impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Assembly Fastening Tools Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the adoption of automation and technology adoption in the manufacturing and automobile sector. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as rising urbanization, growing manufacturing industry, and increasing automotive sales would create lucrative growth prospects for the Assembly Fastening Tools Market across Asia-Pacific region.

Major market players included in this report are:
Panasonic Corporation
Apex Tool Group (Cleco)
Atlas Copco AB
C. & E. Fein GmbH
Desoutter Industrial Tools
Estic Corporation
Hitachi Koki Co., Ltd
HS-Technik GmbH
Ingersoll-Rand Plc.
Makita Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Tool Type:
Right Angle Tool
Inline Tool
Pistol Grip Tool
By End-Use:
Aerospace & Defense
Heavy Equipment
Semiconductor & Electronics
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Assembly Fastening Tools Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Assembly Fastening Tools Market, by Region, 2020-2028 (USD Billion)
1.2.2. Assembly Fastening Tools Market, by Tool Type, 2020-2028 (USD Billion)
1.2.3. Assembly Fastening Tools Market, by End-Use, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Assembly Fastening Tools Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Assembly Fastening Tools Market Dynamics
3.1. Assembly Fastening Tools Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Increasing use of fasteners in various end-use industries Growing construction industry in emerging economies
3.1.2. Market Challenges High repair and replacement parts costs Fluctuations in raw materials prices
3.1.3. Market Opportunities Rising adoption of automation Rising adoption of battery-powered power tools globally
Chapter 4. Global Assembly Fastening Tools Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Assembly Fastening Tools Market, by Tool type
6.1. Market Snapshot
6.2. Global Assembly Fastening Tools Market by Tool type, Performance – Potential Analysis
6.3. Global Assembly Fastening Tools Market Estimates & Forecasts by Tool type, 2019-2028 (USD Billion)
6.4. Assembly Fastening Tools Market, Sub Segment Analysis
6.4.1. Right Angle Tool
6.4.2. Inline Tool
6.4.3. Pistol Grip Tool
6.4.4. Others
Chapter 7. Global Assembly Fastening Tools Market, by End-Use
7.1. Market Snapshot
7.2. Global Assembly Fastening Tools Market by End-Use, Performance – Potential Analysis
7.3. Global Assembly Fastening Tools Market Estimates & Forecasts by End-Use, 2019-2028 (USD Billion)
7.4. Assembly Fastening Tools Market, Sub Segment Analysis
7.4.1. Aerospace & Defense
7.4.2. Heavy Equipment
7.4.3. Automotive
7.4.4. Semiconductor & Electronics
7.4.5. Healthcare
7.4.6. Others
Chapter 8. Global Assembly Fastening Tools Market, Regional Analysis
8.1. Assembly Fastening Tools Market, Regional Market Snapshot
8.2. North America Assembly Fastening Tools Market
8.2.1. U.S. Assembly Fastening Tools Market Tool Type breakdown estimates & forecasts, 2019-2028 End-Use breakdown estimates & forecasts, 2019-2028
8.2.2. Canada Assembly Fastening Tools Market
8.3. Europe Assembly Fastening Tools Market Snapshot
8.3.1. U.K. Assembly Fastening Tools Market
8.3.2. Germany Assembly Fastening Tools Market
8.3.3. France Assembly Fastening Tools Market
8.3.4. Spain Assembly Fastening Tools Market
8.3.5. Italy Assembly Fastening Tools Market
8.3.6. Rest of Europe Assembly Fastening Tools Market
8.4. Asia-Pacific Assembly Fastening Tools Market Snapshot
8.4.1. China Assembly Fastening Tools Market
8.4.2. India Assembly Fastening Tools Market
8.4.3. Japan Assembly Fastening Tools Market
8.4.4. Australia Assembly Fastening Tools Market
8.4.5. South Korea Assembly Fastening Tools Market
8.4.6. Rest of Asia Pacific Assembly Fastening Tools Market
8.5. Latin America Assembly Fastening Tools Market Snapshot
8.5.1. Brazil Assembly Fastening Tools Market
8.5.2. Mexico Assembly Fastening Tools Market
8.6. Rest of The World Assembly Fastening Tools Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Panasonic Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Apex Tool Group (Cleco)
9.2.3. Atlas Copco AB
9.2.4. C. & E. Fein GmbH
9.2.5. Desoutter Industrial Tools
9.2.6. Estic Corporation
9.2.7. Hitachi Koki Co., Ltd
9.2.8. HS-Technik GmbH
9.2.9. Ingersoll-Rand Plc.
9.2.10. Makita Corporation
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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