In this report, the Global Heat Guns market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Heat Guns market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.
A heat gun offers instant, powerful, controlled heat that can be focused on an object, surface, or specific area. Safer than open flame, heat guns have largely replaced primitive means of applying intense heat. It is similar in appearance and construction to a hair dryer, but the air it emits is at a much higher temperature. Air is forced over the element and heated. Typically, the air emitted can reach temperatures between 200° and 1,000° Fahrenheit (93° to 537.7° Celsius).
In the coming years there is an increasing demand for Heat Guns in the regions of US and Europe that is expected to drive the market for more advanced Heat Guns. Increasing of industrial fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Heat Guns will drive growth in China markets.
Globally, the Heat Guns industry market is low concentrated as the manufacturing technology of Heat Guns is relatively matures than some high-tech equipment. And some enterprises, like Steinel, Weller, Milwaukee, etc. are well-known for the wonderful performance of their Heat Guns and related services. At the same time, Asia-Pacific, occupied 38.27% sales market share in 2016 is remarkable in the global Heat Guns industry because of their market share and low cost of raw material and labor.
The sales of Heat Guns are related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Heat Guns industry may not keep that fast. But it is surely forecasted that the market of Heat Guns is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Heat Guns market to approach these areas. GIR analysis of the Heat Guns market indicated that Europe would account for the highest sales revenue in 2021 with close to 37 percent of global sales coming from this region, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of Heat Guns is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Heat Guns and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
Market Analysis and Insights: Global Heat Guns Market
In 2019, the global Heat Guns market size was US$ 1426.7 million and it is expected to reach US$ 2001.6 million by the end of 2026, with a CAGR of 4.9% during 2021-2026.
Global Heat Guns Scope and Market Size
Heat Guns market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Heat Guns market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Heat Guns market is segmented into
Variable Temperature Heat Gun
Dual Temperature Heat Gun
Segment by Application, the Heat Guns market is segmented into
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscape and Heat Guns Market Share Analysis
Heat Guns market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Heat Guns product introduction, recent developments, Heat Guns sales by region, type, application and by sales channel.
The major companies include:
Black & Decker
Reasons to Buy This Research Report
- Complete access to Global Heat Guns market size, growth rate and forecast to 2026
- In-depth quantitative information on key regional Global Heat Guns markets including North America, Europe, MEA and Asia Pacific
- Global Heat Guns Market estimates and forecasts for key products/applications on a regional basis
- Facility to obtain country level information for complete Global Heat Guns market segmentation
- Key trends, drivers and restraints for global Global Heat Guns market
- Challenges to market growth for Global Heat Guns manufacturers
- Key market opportunities of Global Heat Guns Industry
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