Global industrial nailers market will expand at a CAGR of 7.9%, exceeding US$ 1 Bn by 2030

 Industrial nailer, or a nail gun, is a tool used to drive nails into wood or other material. Industrial nailers are generally driven by compressed air (pneumatic), electromagnetism, highly flammable gases such as propane or butane; for powder-actuated tools, these are driven by an explosive charge.

Nail guns use fasteners mounted on long clips or collated in a paper or plastic carrier, depending on the design of the nailgun. Some full head nail guns, especially those used for pallet making and roofing, use long plastic or wire collated coils.

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Over the years, industrial nailers have been extensively used across a broad spectrum of industries. These include automotive manufacturing, furniture, construction and millwork among others.

Future Market Insights opines that the global industrial nailers market will expand at a CAGR of 7.9%, exceeding US$ 1 Bn by 2030.

Key Takeaways from FMI’s Industrial Nailers Report

  • US and East Asian countries will remain epicenter of growth, accounting for over 50% of the revenue share by 2030
  • Cordless industrial nailers will outsell pneumatic variants
  • Framing & sheathing nailers to capture nearly a quarter of the revenue share
  • Automatic nailers are projected to surge in popularity, gaining 170 BPS from 2020-2030
  • Furniture segment to generate an incremental $ opportunity worth US$ 153 Mn

 “Concerns regarding injuries while using industrial nailers are prompting vendors to introduce enhanced safety features within their products, thus reducing accidents,” concludes the FMI analyst.

The COVID-19 pandemic is slated to have a debilitating impact on world economic growth projections for FY 2020-2021 or possibly even longer. As economic activities of all countries have almost come to a standstill, major supply chain disruptions are on the cards.

The maximum brunt of this shortfall is being felt by the automotive and construction industries, both exhaustive users of industrial nailers. Mandatory social distancing protocols to curb the virus’s spread has compelled major construction and automobile manufacturers to cease all on-site projects, leading to reduced output.

Falling production levels across the aforementioned industries have also reduced demand for pneumatic, cordless and gas powered industrial nailers. This is expected to impede revenue prospects of the market in the short-term forecast period.

While the conservative estimates pegs recovery between the next 8 to 14 quarters, the optimistic scenario projects growth to rebound within the next 5 to 8 quarters. Slowdown shall be moderate as consumers are relying on their own carpentry skills to repair their furniture, keeping demand sustained to a significant extent.

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Competitive Landscape

Stanley Black & Decker, Illinois Tool Work Inc., MAX Co. Ltd., Koki Holdings America Ltd., Robert Bosch Power Tools GmbH, Kyocera Corp, Everwin Pneumatic Corp, Hilti North America, Joh Friedrich Behrens AG and Techtronic Industries Co. Ltd. are some of the leading players in the industrial nailers market.

These players primarily concentrate on launching new industrial nailers equipped with modern technology and safety features, acquisition of other players and divestures.

In 2018, MAX USA CORP. released the New PowerLite High Pressure Coil Framing Nailer. This nailer has power to drive nails through engineered lumbers such as laminated strand lumber (LSL) and laminated veneer lumber (LVL) respectively.

In 2019, Stanley Black & Decker divested its Sargent and Greenleaf mechanical locks business within the security segment. In 2020, Everwin Pneumatic Corp launched a new product for industrial coil nailers known as PN59 for the automotive segment.

Other prominent players within the landscape include, but are not limited to*:

  • Apach Industrial Co. Ltd.
  • Grex Power Tools
  • JAACO CORP
  • Meite USA
  • Raimund Beck KG
  • Metro Industries
  • U Tech Fasten Pvt. Ltd.

Category Type

  • Pneumatic
  • Cordless
  • Gas-Powered

Product Type

  • Brad & Pins
  • Coils
  • Roofing
  • Framing & Sheathing
  • Flooring
  • Sliding & Fencing
  • Others

Operation

  • Handheld
  • Automatic

Application

  • Furniture
  • Millwork
  • Pallet & Crating
  • Leather Goods Manufacturing
  • Steel Skids
  • Construction & Framing
  • Automotive Interiors
  • Others

Nail Length

  • Less than 20 mm
  • 20 to 40 mm
  • 40 to 60 mm
  • 60 to 80 mm
  • Above 80 mm

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Framing & Sheathing nailers are expected to gain 140 BPS throughout the 2020-2030 forecast period, generating nearly a quarter of the revenue in the global nailers market. This popularity is alluded to their quickness in high volume nailing of roof and wall sheathing.

 

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