Product Code: A234236
The global pneumatic tools market size was valued at $10,199.7 million in 2022 and is projected to reach $24,338.5 million by 2032, registering a CAGR of 9.4% from 2023 to 2032.
Pneumatic tools, referred to as air tools, run on compressed air and are widely utilized in industrial, construction, and automotive applications. These tools have various benefits, including a high power-to-weight ratio, dependability, and longevity. Pneumatic tools are popular owing to their capacity to offer steady power output, making them ideal for heavy-duty applications. Pneumatic nail guns are used to nail quickly and efficiently in construction and carpentry applications. They come in a variety of forms, including framing nailers, finishing nailers, and roofing nailers, each tailored for a specific use.
Moreover, users must verify that the air compressor produces enough air pressure and volume to support the pneumatic tool being used. Pneumatic drills are used to drill holes in a variety of materials, such as wood, metal, and concrete. Pneumatic tools come in a variety of sizes and combinations to meet varied drilling needs. Pneumatic impact wrenches are ideal for tightening and loosening nuts and bolts in automotive and industrial settings. They have a high torque output and are typically used for operations that demand a lot of power, including changing tires or building large machines.
Pneumatic tools are often utilized in the automobile, industrial, and construction sectors. Furthermore, pneumatic tools are gaining popularity among DIYers. Pneumatic tools can operate for hours and have a longer useful life than electric equipment. They cannot overheat since they do not have a motor. They do not require any extra care.
Furthermore, emerging countries are boosting construction and manufacturing to stimulate growth, which is propelling the pneumatic tools market. The construction industry's fast expansion is a major factor driving worldwide market growth. Construction workers have the ability to use corded and cordless equipment for a variety of jobs. In addition to corded equipment, cordless tools are more commonly used in the construction industry. Small and medium-sized manufacturing companies typically use these tools in a variety of production connections to give customers with the flexibility and capabilities of efficient solutions, and also to continue producing efficient goods in order to grow market share.
Air consumption for pneumatic power tools is measured in cubic feet per minute (CFM), and pressure is measured in pounds per square inch (PSI). A pneumatic tool can function constantly as long as the associated air compressor can produce the necessary volume and pressure without interruption. Air compressors will typically be branded with their capacity in gallons and their output in CFM at different pressures. Pressure-powered tools are substantially more powerful and efficient than manually driven ones. When compared to electrical power tools, these tools are significantly safer and less expensive to run and maintain. For Instance, in March 2022, Chicago Pneumatic (CP) developed a new 1/2-in. cordless impact wrench, the CP8854 series, which is the lightest and most compact tool in its class. The CP8854 provides unparalleled performance. Tire changing professionals and OEMs can benefit from the power of a pneumatic tool in a more lightweight and maneuverable cordless form, weighing at least 25% less and measuring at least 11% smaller than competing products. Furthermore, it offers a higher power-to-weight ratio, allowing lighter, smaller instruments to do equivalent tasks. In addition to compressed air, these tools may be driven by compressed CO2. It can be readily transported since the pressure may be held in small chambers.
By type, the rotary tools segment had the largest revenue in 2022. Pneumatic tools are used in many industries for hammering, hole drilling, paint removal, fastening, metal cutting, nailing, surface sanding, surface finishing, and material removal. Thus, they are widely used in the automotive, aviation, food, construction, engineering, furniture, and mining sectors. However, each tool is developed with a certain sector or function in mind, therefore each of these instruments stands out uniquely in different industries. Pneumatic tools are tools that use compressed air to operate. These tools are not only easier to use but they are also less expensive than electrically driven equipment. They operate on the assumption that the amount of air passing through a tube or a gap varies linearly proportional to the size of the gap.
Technological developments in pneumatic tool design, materials, and control systems assist to increase performance and dependability, strengthening their market position. The construction sector, a major user of pneumatic equipment, benefits from their usage in drilling, nailing, and fastening operations.
Environmental issues also influence the continued usage of pneumatic tools. Their substantially reduced emissions during operation compared to various alternatives are consistent with rising environmental standards. Rising building activity globally, particularly in emerging economies, contributes to the increased usage of pneumatic equipment. The real estate industry has witnessed rapid growth over the last few decades and is expected to exhibit moderate growth in future. In addition, rise in residential and commercial construction, is expected to drive the growth of the pneumatic tool market. For instance, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, in February 2021, 1,769,000 housing units went under construction, which is a 6.8% increase from the revised January estimate of 1,657,000 housing units. In addition, the real estate sector in India saw a huge rise, despite the impact of COVID-19. As the studies showed, home sales rose 71% year-on-year, with 237,000 units sold in 2021, which is 90% as compared to pre-COVID 2019 levels. Mumbai Metropolitan Region sold 76,400 units, followed by the National Capital Region (NCR), which sold 40,050 units. As these markets industrialize and engage in infrastructure projects, the demand for pneumatic tools is likely to increase.
The pneumatic tools market is segmented on the basis of by type, by application, by end-use, and region. By type, the market is categorized into rotary tools, percussion tools, continuous flow tools, and others. Depending on application, it is divided into commercial, residential, and others. By end use, the market is segregated into Manufacturing Industry, Automotive industry, Construction Industry, and Others. and Region wise, the market is analyzed across North America, Europe, Asia-Pacific, LA, and MEA.
Competition Analysis
Key companies profiled in the pneumatic tools market include Atlas Copco, Stanley Black & Decker, Inc., Makita Corporation, Milwaukee Electric Tool Corporation, Chicago Pneumatic Tool Company, ATS ELGI Limited, Pace Assembly Tools, RalliWolf Industries Ltd., Torc Star Bolting Tools, and Texas Pneumatic Tools, Inc.
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- This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2023 to 2032 to assist in identifying the prevailing market opportunities.
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- Manufacturing Capacity
- End user preferences and pain points
- Investment Opportunities
- Product Benchmarking / Product specification and applications
- Product Life Cycles
- Technology Trend Analysis
- Average Consumer Expenditure
- Consumer Preference and Product Specifications
- Market share analysis of players by products/segments
- Regulatory Guidelines
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Historic market data
- Market share analysis of players at global/region/country level
- SWOT Analysis
Key Market Segments
By Type
- Rotary Tools
- Percussion Tools
- Continuous Flow Tools
- Others
By Application
- Commercial
- Residential
- Others
By End-Use
- Others
- Manufacturing Industry
- Automotive industry
- Construction Industry
By Region
- North America
- Europe
- Germany
- Italy
- UK
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Colombia
- Argentina
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- Nigeria
- Egypt
- Rest Of Mea
Key Market Players:
- Stanley Black & Decker, Inc.
- Makita Corporation
- ATS ELGI Limited
- Pace Assembly Tools (PAT)
- RalliWolf Industries Ltd.
- Torc Star Bolting Tools
- Texas Pneumatic Tools, Inc.
- Atlas Copco
- Milwaukee Electric Tool Corporation.
- Chicago Pneumatic Tool Company
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
CHAPTER 4: PNEUMATIC TOOLS FOR CONSTRUCTION MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Rotary Tools
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Percussion Tools
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Continuous Flow Tools
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
CHAPTER 5: PNEUMATIC TOOLS FOR CONSTRUCTION MARKET, BY APPLICATION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Commercial
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Residential
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Others
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: PNEUMATIC TOOLS FOR CONSTRUCTION MARKET, BY END-USE
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Manufacturing Industry
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Automotive industry
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Construction Industry
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
CHAPTER 7: PNEUMATIC TOOLS FOR CONSTRUCTION MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Type
- 7.2.3. Market size and forecast, by Application
- 7.2.4. Market size and forecast, by End-Use
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Type
- 7.2.5.1.2. Market size and forecast, by Application
- 7.2.5.1.3. Market size and forecast, by End-Use
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Type
- 7.2.5.2.2. Market size and forecast, by Application
- 7.2.5.2.3. Market size and forecast, by End-Use
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Type
- 7.2.5.3.2. Market size and forecast, by Application
- 7.2.5.3.3. Market size and forecast, by End-Use
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Type
- 7.3.3. Market size and forecast, by Application
- 7.3.4. Market size and forecast, by End-Use
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Market size and forecast, by Type
- 7.3.5.1.2. Market size and forecast, by Application
- 7.3.5.1.3. Market size and forecast, by End-Use
- 7.3.5.2. Italy
- 7.3.5.2.1. Market size and forecast, by Type
- 7.3.5.2.2. Market size and forecast, by Application
- 7.3.5.2.3. Market size and forecast, by End-Use
- 7.3.5.3. UK
- 7.3.5.3.1. Market size and forecast, by Type
- 7.3.5.3.2. Market size and forecast, by Application
- 7.3.5.3.3. Market size and forecast, by End-Use
- 7.3.5.4. France
- 7.3.5.4.1. Market size and forecast, by Type
- 7.3.5.4.2. Market size and forecast, by Application
- 7.3.5.4.3. Market size and forecast, by End-Use
- 7.3.5.5. Spain
- 7.3.5.5.1. Market size and forecast, by Type
- 7.3.5.5.2. Market size and forecast, by Application
- 7.3.5.5.3. Market size and forecast, by End-Use
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Type
- 7.3.5.6.2. Market size and forecast, by Application
- 7.3.5.6.3. Market size and forecast, by End-Use
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Type
- 7.4.3. Market size and forecast, by Application
- 7.4.4. Market size and forecast, by End-Use
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Type
- 7.4.5.1.2. Market size and forecast, by Application
- 7.4.5.1.3. Market size and forecast, by End-Use
- 7.4.5.2. India
- 7.4.5.2.1. Market size and forecast, by Type
- 7.4.5.2.2. Market size and forecast, by Application
- 7.4.5.2.3. Market size and forecast, by End-Use
- 7.4.5.3. Japan
- 7.4.5.3.1. Market size and forecast, by Type
- 7.4.5.3.2. Market size and forecast, by Application
- 7.4.5.3.3. Market size and forecast, by End-Use
- 7.4.5.4. Australia
- 7.4.5.4.1. Market size and forecast, by Type
- 7.4.5.4.2. Market size and forecast, by Application
- 7.4.5.4.3. Market size and forecast, by End-Use
- 7.4.5.5. South Korea
- 7.4.5.5.1. Market size and forecast, by Type
- 7.4.5.5.2. Market size and forecast, by Application
- 7.4.5.5.3. Market size and forecast, by End-Use
- 7.4.5.6. Rest of Asia-Pacific
- 7.4.5.6.1. Market size and forecast, by Type
- 7.4.5.6.2. Market size and forecast, by Application
- 7.4.5.6.3. Market size and forecast, by End-Use
- 7.5. Latin America
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Type
- 7.5.3. Market size and forecast, by Application
- 7.5.4. Market size and forecast, by End-Use
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Market size and forecast, by Type
- 7.5.5.1.2. Market size and forecast, by Application
- 7.5.5.1.3. Market size and forecast, by End-Use
- 7.5.5.2. Colombia
- 7.5.5.2.1. Market size and forecast, by Type
- 7.5.5.2.2. Market size and forecast, by Application
- 7.5.5.2.3. Market size and forecast, by End-Use
- 7.5.5.3. Argentina
- 7.5.5.3.1. Market size and forecast, by Type
- 7.5.5.3.2. Market size and forecast, by Application
- 7.5.5.3.3. Market size and forecast, by End-Use
- 7.5.5.4. Rest of Latin America
- 7.5.5.4.1. Market size and forecast, by Type
- 7.5.5.4.2. Market size and forecast, by Application
- 7.5.5.4.3. Market size and forecast, by End-Use
- 7.6. Middle East and Africa
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by Type
- 7.6.3. Market size and forecast, by Application
- 7.6.4. Market size and forecast, by End-Use
- 7.6.5. Market size and forecast, by country
- 7.6.5.1. Saudi Arabia
- 7.6.5.1.1. Market size and forecast, by Type
- 7.6.5.1.2. Market size and forecast, by Application
- 7.6.5.1.3. Market size and forecast, by End-Use
- 7.6.5.2. UAE
- 7.6.5.2.1. Market size and forecast, by Type
- 7.6.5.2.2. Market size and forecast, by Application
- 7.6.5.2.3. Market size and forecast, by End-Use
- 7.6.5.3. Nigeria
- 7.6.5.3.1. Market size and forecast, by Type
- 7.6.5.3.2. Market size and forecast, by Application
- 7.6.5.3.3. Market size and forecast, by End-Use
- 7.6.5.4. Egypt
- 7.6.5.4.1. Market size and forecast, by Type
- 7.6.5.4.2. Market size and forecast, by Application
- 7.6.5.4.3. Market size and forecast, by End-Use
- 7.6.5.5. Rest Of Mea
- 7.6.5.5.1. Market size and forecast, by Type
- 7.6.5.5.2. Market size and forecast, by Application
- 7.6.5.5.3. Market size and forecast, by End-Use
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. Stanley Black & Decker, Inc.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
- 9.2. Makita Corporation
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
- 9.3. ATS ELGI Limited
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. Pace Assembly Tools (PAT)
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
- 9.5. RalliWolf Industries Ltd.
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. Torc Star Bolting Tools
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
- 9.7. Texas Pneumatic Tools, Inc.
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
- 9.8. Atlas Copco
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. Milwaukee Electric Tool Corporation.
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
- 9.10. Chicago Pneumatic Tool Company
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments