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Nail Guns Market Trends

Report ID: GMI12282
Published Date: Nov 2024
Report Format: PDF

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Nail Guns Market Trends

Advances in battery technology are fueling a strong shift toward cordless nail guns, which offer the convenience of portability and ease of use, unlike traditional pneumatic models that rely on air compressors. Lithium-ion batteries, in particular, have significantly improved battery-powered nail guns by providing extended runtimes and faster recharge capabilities. This makes them highly appealing for both professionals who need efficient, mobile tools on-site and DIY users who appreciate the hassle-free operation for home projects.

Authors: Aviansh Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

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.