Published by mark itwired
Posted on October 12, 2021
Global demand for industrial nailers is likely to grow at nearly 8%, with end-users showing a marked preference for cordless industrial nailers. A new study by ESOMAR-certified firm, Future Market Insights, offers detailed insights on key factors likely to influence industrial nailers market in the long run.
To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-7480
“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.
The global industrial nailers market is highly consolidated, with top-notch players relying on product launchers, divestures and acquisition of rival players to stay afloat. These include Stanley Black & Decker, Illinois Tool Work Inc., MAX Co. Ltd., Koki Holdings America Ltd., and Robert Bosch Power Tools GmbH.
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.
Download Methodology of this Report @ https://www.futuremarketinsights.com/askus/rep-gb-7480
A recent market study published by FMI on the Industrial Nailer market includes global industry analysis for 2015-2019 & opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. The report has been segmented on the basis of category type (pneumatic, cordless and gas powered), product type (brad & pins, coils, roofing, framing & sheathing, flooring, sliding & fencing and others), operation type (handheld and automatic), application (furniture, millwork, pallet & crating, leather goods manufacturing, steel skids, construction & framing, automotive interiors and others), nail length (less than 20 mm, 20 to 40 mm, 40 to 60 mm, 60 to 80 mm and above 80 mm) across seven regions.
The post Industrial Nailers Market Size, Share, Growth Rate, Industry Analysis and Global Forecast 2020 – 2030 appeared first on Industry News Analsis.
Global demand for industrial nailers is likely to grow at nearly 8%, with end-users showing a marked preference for cordless industrial nailers. A new study by ESOMAR-certified firm, Future Market Insights, offers detailed insights on key factors likely to influence industrial nailers market in the long run.
To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-7480
“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.
The global industrial nailers market is highly consolidated, with top-notch players relying on product launchers, divestures and acquisition of rival players to stay afloat. These include Stanley Black & Decker, Illinois Tool Work Inc., MAX Co. Ltd., Koki Holdings America Ltd., and Robert Bosch Power Tools GmbH.
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.
Download Methodology of this Report @ https://www.futuremarketinsights.com/askus/rep-gb-7480
A recent market study published by FMI on the Industrial Nailer market includes global industry analysis for 2015-2019 & opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. The report has been segmented on the basis of category type (pneumatic, cordless and gas powered), product type (brad & pins, coils, roofing, framing & sheathing, flooring, sliding & fencing and others), operation type (handheld and automatic), application (furniture, millwork, pallet & crating, leather goods manufacturing, steel skids, construction & framing, automotive interiors and others), nail length (less than 20 mm, 20 to 40 mm, 40 to 60 mm, 60 to 80 mm and above 80 mm) across seven regions.
The post Industrial Nailers Market Size, Share, Growth Rate, Industry Analysis and Global Forecast 2020 – 2030 appeared first on Industry News Analsis.
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