항공우주용 리벳팅 장비 시장 예측(-2030년) : 제품 유형별, 리벳팅 유형별, 장비 유형별, 이동성, 기술별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Aerospace Riveting Equipment Market is accounted for $110.04 million in 2023 and is expected to reach $157.96 million by 2030 growing at a CAGR of 6.8% during the forecast period. Aerospace riveting equipment encompasses specialized tools and machinery used in aircraft manufacturing to join metal components using rivets. These tools include rivet guns, bucking bars, and rivet squeezers, designed to securely fasten materials like aluminum and titanium. Precision and reliability are crucial in aerospace riveting to ensure the structural integrity and safety of aircraft, making this equipment essential in the aerospace industry.

According to theAerospace Industries Association (AIA) estimates the AAM market in the US to reach approximately US $115 billion by 2035, equivalent to 30% of the present US commercial air transportation market.

Market Dynamics:

Driver:

Growing demand for commercial and military aircraft

Due to global airlines expanding their fleets to meet increasing passenger traffic and defense budgets allocating resources for aircraft modernization and procurement, the need for efficient riveting equipment intensifies. Aerospace riveting equipment plays a crucial role in assembling aircraft structures with precision and reliability, ensuring structural integrity and safety. This demand fuels market growth as manufacturers seek advanced riveting solutions to meet the rising requirements of the aerospace industry.

Restraint:

High initial investment and operational costs

Procuring advanced riveting equipment entails substantial upfront capital expenditure, which can be a deterrent for smaller aerospace manufacturers or those operating on tighter budgets. Additionally, the ongoing operational expenses for maintenance, training, and energy consumption further contribute to the overall cost burden. These financial barriers may limit the adoption of modern riveting technologies, especially for companies with limited financial resources, potentially impeding market growth.

Opportunity:

Emerging markets in Asia-Pacific and Middle East driving demand for aircraft

The emergence of markets in Asia-Pacific and the Middle East presents a significant opportunity for the aerospace riveting equipment market. These regions are experiencing rapid economic growth, leading to increased air travel demand and fleet expansion by airlines. As a result, there is a higher need for aircraft production and maintenance facilities, driving the demand for riveting equipment. Moreover, governments in these regions are investing in aviation infrastructure, creating favorable conditions for market growth and business expansion for aerospace riveting equipment manufacturers.

Threat:

Economic fluctuations impacting aerospace budgets and investments

Economic fluctuations pose a significant threat to the aerospace riveting equipment market, as they can directly impact aerospace budgets and investments. During periods of economic downturn, aerospace companies may face reduced orders for new aircraft or delay existing projects, leading to decreased demand for riveting equipment. Additionally, budget constraints may force companies to defer equipment upgrades or investments in advanced riveting technology. Such uncertainties can disrupt market growth, affect profitability, and challenge the sustainability of riveting equipment manufacturers and suppliers in the aerospace sector.

Covid-19 Impact:

The COVID-19 pandemic severely impacted the aerospace riveting equipment market as it led to widespread travel restrictions, reduced air travel demand, and deferred aircraft production. This resulted in decreased orders for new aircraft and maintenance, repair, and overhaul (MRO) services, directly affecting demand for riveting equipment. Supply chain disruptions and workforce challenges further exacerbated the market's downturn, necessitating adaptability and resilience from industry players.

The pneumatic segment is expected to be the largest during the forecast period

The pneumatic segment is anticipated to dominate the aerospace riveting equipment market during the forecast period due to its widespread adoption and several advantages. Pneumatic riveting equipment offers high efficiency, reliability, and precision in joining metal components, making it preferred for various aircraft manufacturing applications. Additionally, pneumatic tools are relatively lightweight, portable, and easy to operate, enhancing productivity and reducing operator fatigue. These factors contribute to the segment's projected growth and market leadership in the coming years.

The maintenance, repair, and overhaul (MRO) segment is expected to have the highest CAGR during the forecast period

The maintenance, repair, and overhaul (MRO) segment is anticipated to experience the highest CAGR during the forecast period in the aerospace riveting equipment market. This is attributed to the increasing need for aircraft maintenance and refurbishment due to aging fleets, stringent safety regulations, and the rising emphasis on preventive maintenance practices. As airlines seek to extend the operational lifespan of existing aircraft, there's a growing demand for advanced riveting equipment in the MRO sector.

Region with largest share:

North America is poised to dominate the aerospace riveting equipment market due to various factors. The region hosts key aerospace manufacturers, including Boeing and Lockheed Martin, driving demand for riveting equipment. Additionally, robust investments in defense and space exploration contribute to market growth. Moreover, North America boasts advanced technological capabilities and a skilled workforce, enabling efficient production and innovation in riveting equipment. These factors collectively position North America as a leading hub for the aerospace riveting equipment industry.

Region with highest CAGR:

The Asia Pacific region is poised for rapid growth in the aerospace riveting equipment market owing to the burgeoning demand for air travel, driven by rising disposable incomes and urbanization, particularly in emerging economies like China and India. Moreover, increasing government investments in aerospace infrastructure, coupled with the expansion of the commercial aviation sector and the presence of key aircraft manufacturers, contribute to the region's anticipated growth in the aerospace riveting equipment market.

Key players in the market

Some of the key players in Aerospace Riveting Equipment Market include Airbus Helicopters, Arconic, Atlas Copco, Avdel, Boeing Commercial Airplanes, Cherry Aerospace, Eaton Aerospace, Gesipa Blindniettechnik GmbH, Henrob Corporation, Hi Shear Corporation, Huck International Inc, LISI Aerospace, Lockheed Martin, Northrop Grumman Corporation, Parker Hannifin Aerospace, SPS Technologies, Stanley Engineered Fastening and Trifast plc.

Key Developments:

In October 2023, Atlas Copco AB launched a cordless drill named EBB16, which has been designed for aircraft manufacturing.

In October 2023, GESIPA GBS 1000 launched its new battery-powered, semi-automatic blind rivet setter designed for lightweight and medium-duty applications. It features a brushless motor, ergonomic design, and intuitive user interface.

In September 2023, Stanley Engineered Fastening (SEF) (US) Announced plans to invest in additive manufacturing technologies for producing customized fasteners and tooling for aerospace applications. This allows for greater design flexibility and potentially lighter components.

In July 2023, Cherry Aerospace launched a new lightweight rivet designed for aircraft structures, featuring increased joint strength and fatigue resistance. This development aligns with the industry's push towards more fuel-efficient materials and designs..

Product Types Covered:

• Rivet Guns
• Dimpling Tools
• Rivet Hammers
• Rivet Shavers
• Rivet Squeezers
• Other Product Types

Rivet Types Covered:

• Solid Rivets
• Blind Rivets
• Semi-Tubular Rivets
• Other Rivet Types

Equipment Types Covered:

• Pneumatic
• Hydraulic
• Electric

Mobilities Covered:

• Fixed
• Portable

Technologies Covered:

• Automated
• Manual

Applications Covered:

• Commercial Aircraft Manufacturing
• Military Aircraft Manufacturing
• Spacecraft Manufacturing
• Other Applications

End Users Covered:

• Maintenance, Repair, and Overhaul (MRO)
• Original Equipment Manufacturers (OEM)

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Technology Analysis
• 3.8 Application Analysis
• 3.9 End User Analysis
• 3.10 Emerging Markets
• 3.11 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Aerospace Riveting Equipment Market, By Product Type

• 5.1 Introduction
• 5.2 Rivet Guns
• 5.3 Dimpling Tools
• 5.4 Rivet Hammers
• 5.5 Rivet Shavers
• 5.6 Rivet Squeezers
• 5.7 Other Product Types

6 Global Aerospace Riveting Equipment Market, By Rivet Type

• 6.1 Introduction
• 6.2 Solid Rivets
• 6.3 Blind Rivets
• 6.4 Semi-Tubular Rivets
• 6.5 Other Rivet Types

7 Global Aerospace Riveting Equipment Market, By Equipment Type

• 7.1 Introduction
• 7.2 Pneumatic
• 7.3 Hydraulic
• 7.4 Electric

8 Global Aerospace Riveting Equipment Market, By Mobility

• 8.1 Introduction
• 8.2 Fixed
• 8.3 Portable

9 Global Aerospace Riveting Equipment Market, By Technology

• 9.1 Introduction
• 9.2 Automated
• 9.3 Manual

10 Global Aerospace Riveting Equipment Market, By Application

• 10.1 Introduction
• 10.2 Commercial Aircraft Manufacturing
• 10.3 Military Aircraft Manufacturing
• 10.4 Spacecraft Manufacturing
• 10.5 Other Applications

11 Global Aerospace Riveting Equipment Market, By End User

• 11.1 Introduction
• 11.2 Maintenance, Repair, and Overhaul (MRO)
• 11.3 Original Equipment Manufacturers (OEM)

12 Global Aerospace Riveting Equipment Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Airbus Helicopters
• 14.2 Arconic
• 14.3 Atlas Copco
• 14.4 Avdel
• 14.5 Boeing Commercial Airplanes
• 14.6 Cherry Aerospace
• 14.7 Eaton Aerospace
• 14.8 Gesipa Blindniettechnik GmbH
• 14.9 Henrob Corporation
• 14.10 Hi Shear Corporation
• 14.11 Huck International Inc
• 14.12 LISI Aerospace
• 14.13 Lockheed Martin
• 14.14 Northrop Grumman Corporation
• 14.15 Parker Hannifin Aerospace
• 14.16 SPS Technologies
• 14.17 Stanley Engineered Fastening
• 14.18 Trifast plc