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The market, with prominent players, such as Makita, Robert Bosch Tool Corporation, Hilti, Senco and Metabo holds a market share of ~45%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.
Major players operating in the nail guns industry include:
The global nail guns industry was valued at USD 580.4 million in 2023 and is anticipated to grow at a 6.2% CAGR from 2024 to 2032, driven by the rapid expansion of construction and infrastructure sectors in emerging markets.
The brad nailer segment dominated the market with USD 193.4 million in 2023 and is expected to grow at a 7% CAGR from 2024 to 2032 due to its versatility and suitability for precise, lightweight fastening tasks.
The North America nail guns market was valued at USD 153.3 million in 2023 and is projected to grow at a 6% CAGR during the forecast period, driven by robust construction and home renovation sectors.
Key players in the industry include Stanley Black & Decker, Freeman, Hilti Corporation, Hitachi, Makita, Max Corporation, Metabo, Milwaukee, Paslode, and Ridgid.