The global riveting tools market size is projected to reach USD 294.5 million by 2030, growing at a compound annual growth rate (CAGR) of 5.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rising adoption of automation in key manufacturing sectors is expected to be a significant factor driving market expansion over the forecast period. As industries increasingly shift towards automated and efficient production systems, the demand for reliable and high-performance riveting tools is poised to grow substantially.Key raw materials such as aluminum and steel are extensively used in manufacturing processes due to their versatile properties and cost-efficiency. The strong and consistent consumption of these materials across industries like automotive, aerospace, and construction is expected to create ample growth opportunities for the riveting tools market. Furthermore, recent tax reforms aimed at revitalizing the steel industry, particularly in the U.S., are anticipated to support the growth of related industries, indirectly boosting the demand for riveting tools.
Pneumatic riveting tools are known for being lightweight and highly efficient, making them popular in applications requiring quick and precise fastening. However, the intricate propulsion systems used in pneumatic tools contribute to their relatively higher costs. In contrast, battery-operated riveting tools offer a practical and user-friendly alternative. These tools provide comparable efficiency and ease of operation while being priced similarly—or sometimes lower—than hydro-pneumatic and pneumatic models. This cost advantage, coupled with ergonomic benefits, has led to a growing preference for battery-operated tools.
Despite this growth, battery-operated riveting tools are expected to see limited market penetration as replacements for basic handheld rivet guns and tongs. This is primarily because traditional handheld tools fall into a lower price category, making them more accessible and cost-effective for users with simpler fastening needs.
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Riveting Tools Market Segments Highlights:
The pneumatic rivet tools segment led the market and accounted for the largest revenue share of 62.1%. The battery-powered rivet tools segment is expected to grow at a CAGR of 7.0% over the forecast period, owing to portability and enhanced performance from advances in battery technology.
The automotive and aerospace segment dominated the global riveting tools industry, with the highest revenue share of 44.0% in 2024, primarily driven by their increasing production demands. The building and construction segment is expected to grow at a CAGR of 5.8% from 2025 to 2030, owing to rapid urbanization and infrastructure development.