Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global heat gun market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter's Fiver Forces analysis.
Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the heat gun industry and market. All the identified risk factors are measured quantitatively according to GMD's novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global heat gun industry.
Market Coverage & Overview
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global heat gun market is expected to reach $2.54 billion by 2033, growing by 5.3% annually over the coming years.
Segmentation Analysis
Highlighted with 87 tables and 91 figures, this 181-page report represents a 360-degree view on the global market with extensively detailed segmentations by Product Type, Power Type, Application, Distribution Channel, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.
By Product Type
• Variable Temperature
• Dual Temperature
By Power Type
• Corded Electric
• Cordless Electric
• Gas
By Application
• Industrial Use
o Electronic Equipment Manufacturing
o Aerospace
o Automotive
o Construction & Refurbishment
o Other Industries
• Residential Use
• Commercial Use
• Other Applications
By Distribution Channel
• Offline
• Online
By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, Australia, India, South Korea, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
The breakdown of all regional markets by country and the breakdown of each national market by Product Type, Application, and Distribution Channel over the forecast years are also included.
Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• Apex Tools Group
• Bosch
• Dewalt
• Dongcheng Tools
• Galaxia Tech
• Genesis
• Hitachi-Koki
• Leister Technologies
• Makita Corporation
• Master Appliance Corp.
• Mowis
• Poniie
• Seekone
• Sparkfun Electronics
• Stanley Black & Decker
• Teccpo
• Tectonic Industries
• The Steinel Company
• Wagner Group
• Zhejiang Prulde Electric Appliance Co., Ltd.
Reasons to Purchase
• Gain a most comprehensive view on global market with lighting on market outlook, segmentations, dynamics and trends, growth opportunities, risk assessment, critical success factors (CSFs), increasingly attractive segments (IAS), and Porter's Fiver Forces analysis.
• Access identified business opportunities and benchmarked investment strategies.
• Obtain up-to-date data and valuable insights to create regional and national strategies.
• Take wise actions to mitigate potential risk based on the matrix of systematic risk evaluation.
• Outperform competitors using the latest market data and research discoveries.
• Support internal and external presentations with reliable data and profound analysis.
• Backed up by premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
• Supported by free customer services before and after sales.
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict 27
2.1.4 Impact of Israel-Palestine War 29
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter's Fiver Forces Analysis 41
3 Segmentation of Global Market by Product Type 45
3.1 Market Overview by Product Type 45
3.2 Variable Temperature 48
3.3 Dual Temperature 49
4 Segmentation of Global Market by Power Type 50
4.1 Market Overview by Power Type 50
4.2 Corded Electric 53
4.3 Cordless Electric 54
4.4 Gas 55
5 Segmentation of Global Market by Application 56
5.1 Market Overview by Application 56
5.2 Industrial Use 59
5.2.1 Electronic Equipment Manufacturing 61
5.2.2 Aerospace 62
5.2.3 Automotive 63
5.2.4 Construction & Refurbishment 64
5.2.5 Other Industries 65
5.3 Residential Use 66
5.4 Commercial Use 67
5.5 Other Applications 68
6 Segmentation of Global Market by Distribution Channel 69
6.1 Market Overview by Distribution Channel 69
6.2 Offline 72
6.3 Online 73
7 Segmentation of Global Market by Region 74
7.1 Geographic Market Overview 2023-2033 74
7.2 North America Market 2023-2033 by Country 79
7.2.1 Overview of North America Market 79
7.2.2 U.S. 83
7.2.3 Canada 86
7.2.4 Mexico 88
7.3 European Market 2023-2033 by Country 90
7.3.1 Overview of European Market 90
7.3.2 Germany 94
7.3.3 U.K. 96
7.3.4 France 98
7.3.5 Spain 100
7.3.6 Italy 102
7.3.7 Russia 104
7.3.8 Rest of European Market 106
7.4 Asia-Pacific Market 2023-2033 by Country 108
7.4.1 Overview of Asia-Pacific Market 108
7.4.2 Japan 112
7.4.3 China 115
7.4.4 Australia 117
7.4.5 India 119
7.4.6 South Korea 121
7.4.7 Rest of APAC Region 123
7.5 South America Market 2023-2033 by Country 125
7.5.1 Argentina 129
7.5.2 Brazil 131
7.5.3 Chile 133
7.5.4 Rest of South America Market 135
7.6 MEA Market 2023-2033 by Country 136
7.6.1 UAE 140
7.6.2 Saudi Arabia 142
7.6.3 South Africa 144
7.6.4 Other National Markets 146
8 Competitive Landscape 147
8.1 Overview of Key Vendors 147
8.2 New Product Launch, Partnership, Investment, and M&A 150
8.3 Company Profiles 151
Apex Tools Group 151
Bosch 153
Dewalt 154
Dongcheng Tools 155
Galaxia Tech 156
Genesis 157
Hitachi-Koki 158
Leister Technologies 159
Makita Corporation 160
Master Appliance Corp. 161
Mowis 162
Poniie 163
Seekone 164
Sparkfun Electronics 165
Stanley Black & Decker 166
Teccpo 167
Tectonic Industries 168
The Steinel Company 169
Wagner Group 170
Zhejiang Prulde Electric Appliance Co., Ltd. 171
9 Investing in Heat Gun Industry: Risk Assessment and Management 172
9.1 Risk Evaluation of Global Market 172
9.2 Critical Success Factors (CSFs) 178
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