Heat Guns Market Report Overview
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The global heat guns market size was USD 1659.6 million in 2022 and is expected to reach USD 2552.55 million in 2031, exhibiting a CAGR of 4.9% during the forecast period.
A heat gun is an electrical device that emits heated air. It is sometimes referred to as a hot air gun or hot air station. Heat guns have a trigger to start the device's functioning and a pointed end that generates hot air. In a heat gun, the hot air is typically propelled by an electric fan and heated by an electric heating element. Many different things can be dried fast with electric heat guns.
The medical-surgical field is finding more and more uses for heat gun technologies. They could be used to sterilize medical gear. As a result, it is anticipated that the need for this equipment will increase as the prosthetics and orthotics sector expands. Ortho operations are predicted to increase as a result of rising osteosarcoma rates, sports injuries, and traffic accidents, which will in turn create revenue prospects for the heat gun industry. The use of power tools, particularly heat gun devices, is growing as "Do it Yourself" (DIY) projects, which include amateurs and enthusiasts to alter, maintain, improve, and rebuild material items such home appliances, become more and more popular. In industrialized nations, using power tools for DIY projects is very common.
COVID-19 Impact: Lack of Employees During Lockdown to Hamper Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with heat guns experiencing lower-than-anticipatedhigher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden risedecline in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Due to mandatory lockdowns and other restrictions set by the relevant regulating bodies in the wake of the recent COVID-19 outbreak, the activities of various industries have either been temporarily suspended or are running with small personnel. Similar to other markets, the worldwide Heat Guns market is expected to experience significant declines in revenue growth as a result of this aspect. Over the course of this projection period, the high expenses connected with these machines' installation and maintenance are another factor that could restrain the worldwide heat gun market's revenue growth.
Latest Trends
"Decline in Gas Powered Devices to Enhance Market Sales"
For industrial and domestic uses, electric-powered machinery is most frequently employed. However, manufacturers favor battery-powered cars over those with internal combustion engines due to the growing need to cut carbon emissions. Additionally, battery-powered equipment has an advantage over electric equipment because it may be transported more easily because there are no cable trails required. Lithium-ion batteries are used by manufacturers because, depending on usage, they can last up to three to five years. Furthermore, they are portable. Although the market for cordless or battery-powered devices is still relatively limited, demand is anticipated to grow as a result of their expanding use in homes.
Heat Guns Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into variable temperature heat gun and dual temperature heat gun.
In terms of product, variable temperature is the largest segment.
- By Application Analysis
Based on application, the market can be divided into household, commercial, industrial, and others.
In terms of application, commercial is the largest segment.
Driving Factors
"Safety Features of the Equipment to Augment Market Growth"
Safety is one of the main benefits of heat gun devices in the domestic market because they are flameless. Additionally, there is a significant need for household tools and equipment as a result of ageing populations and shifting demographics. Therefore, the demand for these tools for repairs and remodeling is anticipated to be driven by the increasing number of households. The demand for this equipment is mostly being supported by the DIY culture that is so prevalent among American families. They are utilized for a variety of upkeep tasks, including painting removal, remodeling, furniture restoration, and other creative tasks.
"Use of the Equipment in Various Sectors to Fuel Market Growth"
Many different surfaces, including residential homes, commercial buildings, construction sites, automotive paints, tinplate, welding, soldering, shrinking, and forming with hot air, stripping varnishes and paints, loosening rusted bolts and nuts, melting pipes into liquids, softening linoleum, and forming PVC (Poly Vinyl Chloride), among other things, can be painted. These are major applications for heat guns. The market for heat guns is being driven forward by the increase in demand for painting in residential and commercial spaces around the world. Similar to how soldering pipes in homes and businesses is becoming more popular, this is fueling the worldwide heat guns market growth.
Restraining Factors
"Unfavorable Effects of the Gun on Scalp to Impede Market Expansion"
The gun's high temperature causes a variety of effects on the scalp. The extreme heat can cause burns on the skin of your chin, neck, and sideburns. Additionally, the intense heat may harm your scalp, giving you dandruff or a flaky scalp. Premature greying may result from the heat. If caution is not followed, the intense heat may potentially result in significant hair loss.The damaging heat can cause irreversible damage by penetrating deeply into the hair follicle.
Heat Guns Market Regional Insights
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"Europe to Dominate the Market Due to Industrial Growth in the Region"
World-class manufacturing facilities are located across Europe. Europe owns largest portion of heat guns market share. The region's three biggest markets are the UK, Germany, and France. Because of rising consumer spending and accelerating industrial growth, Finland and Poland are anticipated to be attractive countries. Demand is anticipated to be fueled by DIY home repair projects' rising popularity in Europe. As consumer preferences in the area change, manufacturers are now offering cordless and lightweight tools.
The market in North America is the second-largest. Growth in the area is being fueled by the presence of large-scale companies including aerospace, electronics, construction, and the automotive industry. Additionally, these tools are employed in a number of domestic tasks like painting, drying, and scraping. They operate more simply than other heavy devices and are also relatively safe. Thus, widespread demand in the North American region is being driven by residential or household usage.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
The growth of their commercial operations in developing regions is a key priority for numerous well-known companies in the global heat gun market. Companies in the global heat gun market are also preparing plans for new product development and product portfolio growth through investments and mergers and acquisitions. The report's in-depth research of the supply chain will help readers gain a deeper knowledge of the global heat gun market.
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Bosch (Germany)
- Black & Decker (U.S.)
- Weller (U.S.)
- Steinel (Switzerland)
- Hitachi (Japan)
- Makita (Japan)
- Milwaukee (U.S.)
- Dewalt (U.S.)
- Wagner Spraytech (U.S.)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 1659 Million in 2022 |
Market Size Value By |
US$ 2552.55 Million by 2031 |
Growth Rate |
CAGR of 4.9% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Types & Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the heat guns market expected to touch globally by 2031?
The global heat guns market is expected to touch USD 2552.55 million by 2031.
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What CAGR is the heat guns market expected to exhibit during 2024-2031?
The heat guns market is expected to exhibit a CAGR of 4.9% over 2024-2031.
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Which are the driving factors of the heat guns market?
Safety features of the equipment and use of the equipment in various sectors are the driving factors of the heat guns market.
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Which are the top companies operating in the heat guns market?
Bosch, Black & Decker, Weller, Steinel, Hitachi, Makita, Milwaukee, Dewalt, Wagner Spraytech, Jensen, Dongcheng Tools, Devon, Porter-Cable, Trotec, Kress, Rupes are the top companies operating in the heat guns market.