Scope of the Study
A shrink gun is a device which is used to emit a stream of hot air, usually at temperatures between 60 °C and 200 °C, which can be held by hand. The shrink-guns are very lightweight and comfortable to use, with ease and speed of operation. Further, it is powered through the level of pressure exerted on the trigger. The global shrink guns market is expected to witness a significant growth in near future owing to increase in constructions activities across the globe and rising demand from automobile industry.
The market study is being classified by Type (Manual Shrink Guns and Automatic Shrink Guns), by Application (Construction Industry, Mechanical Industry, Automobile Industry and Others) and major geographies with country level break-up.
Leister Technologies AG (Switzerland), Guilbert Express (United States), Alpha Wire (United States), Shrinkfast (United States), Ripack Sefmat (France), MSK Covertech (Germany), MAC DUE (Italy), SES-Sterling (France), Rotec GmbH & Co. KG (Germany) and McMaster-Carr (United States) are some of the key players profiled in the study.
Key players are focusing on strategic partnerships to advance their products and services. Companies are focusing on increasing their client base to strengthen market position and to improve product & service offerings. Research Analyst at AMA predicts that United States and German Manufacturers will contribute to the maximum growth of Global Shrink Guns market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Shrink Guns market by Type, Application and Region. On the basis of Type, Manual Shrink Guns are dominating the market in the year 2018 where as Automatic Shrink Guns stood as second largest market share.
On the basis of application, Construction Industry segment is dominating the market in the year 2018 where as Automobile Industry segment stood as second largest market.
On the basis of geography, the market of Shrink Guns has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Shrink Guns market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Growth in Construction Activities Worldwide
- Increasing Demand from Automobile Industry
- Technological Advancements in Industrial Products
- Increasing Demand from Developing Economies
- Rising Concerns Regarding Safety
Key Target AudienceManufacturers of Shrink Guns, Suppliers of Shrink Guns Parts, Wholesalers, Distributors and Retailers of Shrink Guns, Automobile Industry, Governmental Bodies and Research Firms
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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