Aerospace Riveting Market

Aerospace Riveting Market Size By Equipment (Electric Riveting Equipment, Pneumatic Riveting Equipment, and Hydraulic Riveting Equipment), By Mobility (Portable Equipment and Fixed Equipment), and By End-User (Maintenance, Repair, and Overhaul (MRO) and Original Equipment Manufacturers (OEM)), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14222
  • Published Date: Mar, 2024
  • Pages: 235
  • Category: Aerospace & Defence
  • Format: PDF
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The global aerospace riveting market was valued at USD 112.9 million in 2023, growing at a CAGR of 4.8% from 2024 to 2033. The market is expected to reach USD 180.4 million by 2033. The need for lightweight, fuel-efficient aircraft solutions drives the aerospace industry's recent and noticeable increase in aircraft demand. As a result of this increased demand, the market for aerospace riveting has significantly risen. Aircraft manufacturers focus more on creating lighter, more aerodynamic aircraft as environmental concerns and stringent rules force the sector to prioritise fuel efficiency.

Market Introduction:

The specialised tools and apparatus used to produce and maintain aeroplane structures are aerospace riveting. Rivets are durable mechanical fasteners to secure sheets of metal, composites, and other materials used in the aircraft industry. Due to a global increase in demand and a growing focus on lightweight and fuel-efficient aircraft constructions, the aerospace sector is seeing a spike in demand for aircraft. This has caused the production of aeroplanes to rise, which has fueled the market's expansion. The market will expand due to the growing need for new aeroplanes to accommodate the growing number of passengers travelling by air and the advancement of lighter and stronger riveting equipment used in aircraft construction. Furthermore, due to technical improvements, the aerospace sector is developing sophisticated riveting equipment to increase efficiency and precision. Technological developments in aerospace manufacturing are driving the market's expansion. Higher productivity and quicker aircraft assembly times are made possible by clever automation, improved accuracy, and shortened cycle times seen in modern equipment. These attributes are essential to meet the growing aeroplane demand and lower operating costs. The process of riveting metal components together is handled by riveting machines, which is crucial for maintaining the structural integrity and stability needed for safe space missions or flight.

Aerospace Riveting Market Size

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Recent Development

In October 2023, The EBB16 cordless drill, developed by Atlas Copco AB, is intended for use in the manufacture of aeroplanes.

In July 2023, Cherry Aerospace introduced a new lightweight rivet with improved aircraft structure fatigue resistance and joint strength. This development is consistent with the industry's drive for more fuel-efficient designs and materials.

Market Dynamics:


Technical advancements in the aerospace manufacturing industries- The need for sophisticated riveting equipment is increasing in the aircraft manufacturing sector due to advances in production technologies. Precise component joining has become increasingly crucial as aircraft designs advance using lightweight materials and complex structures. Modern technologies like friction stir welding and laser riveting are becoming indispensable for improving aircraft structures' efficiency, robustness, and strength. This has encouraged producers of riveting equipment to develop cutting-edge products that are especially suited to the demanding requirements of contemporary aircraft applications.


Stringent certification requirements and regulatory compliance- The market for aircraft riveting is severely constrained by strict regulatory compliance and certification requirements. Aviation authorities have strict requirements that manufacturers must follow, and safety is the industry's priority. Complying with these requirements necessitates lengthy certification procedures, which raise the cost and delay of development. As a result, a bottleneck keeps manufacturers of aircraft riveting from developing and swiftly joining the market.


Increasing technological advancements- When artificial intelligence (AI) and the Internet of Things (IoT) are combined, aerospace riveting machine efficiency and accuracy increase. AI algorithms optimise riveting processes by modifying settings for various materials and circumstances based on real-time data from IoT-connected sensors. In the aerospace manufacturing industry, this intelligent automation improves overall efficiency, lowers errors, and increases accuracy. This is expected to provide growth opportunities for the market during the forecast period.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest global aerospace riveting market, with a 41% market revenue share in 2023.

The North American region controlled the aerospace riveting market. This is because there are many aircraft manufacturers and suppliers in this region, which raises the need for precise assembly tools. Modern aircraft riveting is in high demand due to strict safety rules and the need for creative, effective manufacturing processes. Growth in the market is fueled by North America's large investments in infrastructure and aeronautical R&D. The region is a significant market influencer, serving the evolving needs of the aerospace sector and driving continuous advancement in riveting equipment technologies owing to its commitment to quality, adherence to standards, and emphasis on technological innovation.

North America Region Aerospace Riveting Market Share in 2023 - 41%

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Equipment Segment Analysis

The equipment segment is divided into electric riveting equipment, pneumatic riveting equipment, and hydraulic riveting equipment. The pneumatic riveting equipment segment dominated the market, with a market share of around 42% in 2023. Pneumatic riveting tools are becoming increasingly popular due to the aerospace industry's need for strong, lightweight joints. These tools are well-liked because they can fasten materials like metals and plastics with consistent power, speed, and accuracy.

Mobility Segment Analysis

The mobility segment is divided into portable equipment and fixed equipment. The fixed equipment segment dominated the market, with a market share of around 59% in 2023. This market segment for aerospace riveting is driven by the requirement for stability and precision in aeroplane assembly. For critical assembly operations, aerospace manufacturers require dependable and fixed riveting systems.

End-User Segment Analysis

The end-user segment is divided into maintenance, repair, and overhaul (MRO) and original equipment manufacturers (OEM). The original equipment manufacturers (OEM) segment dominated the market, with a market share of around 55% in 2023. By completing extensive testing, putting tight quality control systems in place, and adhering to industry standards—all of which contribute to the market's growth—Original manufacturers maintain strong quality standards to assure product perfection.

Some of the Key Market Players:
  • Allfast Fastening Systems
  • ATF Inc
  • Avdel (India) Pvt. Ltd
  • Boltun Corporation, Ltd.
  • Broetje-Automation GmbH
  • Cherry Aerospace
  • Goebel Fasteners Inc
  • Aircraft Spruce
  • Apex Tool Group, LLC
  • Atlas Copco AB
  • Bay Supply
  • Bossard Group
  • Brown Aviation Tool Company
  • Fastening Systems International, Inc
  • Howmet Aerospace Inc

Report Description:

Attribute Description
Market Size Revenue (USD Million)
Market size value in 2023 USD 112.9 Million
Market size value in 2033 USD 180.4 Million
CAGR (2024 to 2033) 4.8%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Equipment, Mobility, End-User

Frequesntly Asked Questions

As per The Brainy Insights, the size of the aerospace riveting market was valued at USD 112.9 million in 2023 to USD 180.4 million by 2033.

The global aerospace riveting market is growing at a CAGR of 4.8% during the forecast period 2024-2033.

North America emerged as the largest aerospace riveting market.

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This study forecasts global, regional, and country revenue from 2020 to 2033. The Brainy Insights has segmented the global aerospace riveting market based on the below-mentioned segments:

Global Aerospace Riveting Market By Equipment:

  • Electric Riveting Equipment
  • Pneumatic Riveting Equipment
  • Hydraulic Riveting Equipment 

Global Aerospace Riveting Market By Mobility:

  • Portable Equipment
  • Fixed Equipment 

Global Aerospace Riveting Market By End-User:

  • Maintenance, Repair, and Overhaul (MRO)
  • Original Equipment Manufacturers (OEM) 

Global Aerospace Riveting Market By Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


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