24-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Powder-Actuated Nail Gun Market By Type (Direct Drive Nail Gun and Indirect Drive Nail Gun) and By Application (Residential Decoration, Construction Engineering and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Powder-Actuated Nail Gun market in 2019 was approximately USD 28 billion. The market is expected to grow at a CAGR of 4.2% and is anticipated to reach around USD 37 billion by 2026.
Powder actuated tools also called explosive or direct fastening tools. These devices use controlled bursts to drive a nail or any other fasteners into solid materials such as steel, concrete or wood. The controlled bursts are usually done using flammable gas, compressed air or using electromagnetism. A power actuated tool is comprised of fasteners, magazine, and cartridges designed for explicit applications. The important factor that differentiates powder actuated tool from gas-actuated tools is the fact that powder actuated tool use power propellant just like blank cartilage of firearm. These guns are used in roofs, timber frames, shopfitting, pallet making and many more. It speeds up the process, delivers more strength and power, and enhances the craftsmanship.
Browse the full “Powder-Actuated Nail Gun Market By Type (Direct Drive Nail Gun and Indirect Drive Nail Gun) and By Application (Residential Decoration, Construction Engineering and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/powder-actuated-nail-gun-market-by-type-direct-908
The global requirement of powder-actuated nail gun is anticipated to witness significant growth over the forecast period owing to the rising demand for optimizing the construction work. The rising demand for nail guns to maximize building work efficiency and runtime and maintenance of nail gun batteries are key factors to boost growth in the global Nail Gun market over the next decade. Furthermore, its rapid implementation would improve the efficiency of nail arms in a wide range of segments, particularly in the construction and manufacturing sectors. Moreover, in the coming years, the growing need for a convenient, comfortable device such as a nail gun would stimulate the global Nail Gun industry.
In addition, improved battery life and maintenance costs for nail guns instead of traditional tools are expected to fuel the nail gun market. In the construction and wood industries, however, different categories of nail arms facilitate different parts of the work, such as flooring nails for flooring purposes, roofing nails for roofing purposes, etc. The greatest need for a convenient and comfortable home decoration device would stimulate the global market for firearms over the forecast period. Conversely, the high price of powder actuated tools; the inconsistent fire rate and need for high maintenance combined with the requirement of high safety measures throughout its operation might hinder the growth of powder-actuated nail gun over the forecast period.
Based on the type, the market for Nail Gun has been segmented into Direct Drive Nail Gun and Indirect Drive Nail Gun. The global Nail Gun was dominated by the Direct Drive nail gun owing to the high demand for powerful and reliable tools in the construction industry.
By application, the global market for Nail Gun has been segmented into Construction Engineering, Residential Decoration, and others. By application, Construction Engineering will lead the market owing to an increase in urbanization and technological advancement in the construction industry.
Based on the region, Asia Pacific dominated the world powder-actuated Nail Gun market over the forecast period attributed to the rapid increase in urbanization and industrialization in this region. It is anticipated that China and India will have a major contribution to the growth of this region.
Some of the essential players operating in the Powder-Actuated Nail Gun market, but not restricted to include ITW Construction Systems Australia Pvt Ltd., Stanley Black & Decker, Inc., Robert Bosch GmbH, Makita U.S.A., Inc., MAX USA CORP, Senco Brands, Inc., Hitachi Koki USA, Ltd, Puma Industrial Co. Ltd, Ridgid, Jitool, Unicatch Industrial Co., Ltd., Zhejiang Rongpeng Air Tools Co., Ltd., Meite, Nanshan, and others.
This report segments the Powder-Actuated Nail Gun market as follows:
Global Powder-Actuated Nail Gun Market: By Type Segmentation Analysis
- Direct Drive Nail Gun
- Indirect Drive Nail Gun
Global Powder-Actuated Nail Gun Market: By Application Segmentation Analysis
- Residential Decoration
- Construction Engineering
Global Powder-Actuated Nail Gun Market: Regional Segmentation Analysis
- North America
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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