The global Tie Gun industry to grow at a CAGR of 3.14% during the period 2017-2021.
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Tie Gun Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
Complete report on the Tie Gun Market Research Report spread across 67 pages, profiling 14 companies with table of content is now available at www.reportsnreports.com/contacts/discount.aspx?name=1134896 .
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the following companies as the key players in the global tie gun market: Apex Tool Group (ATG), Eastwood, Greenlee, and Panduit.
Other Prominent Vendors in the market are: Avery Dennison, Electriduct, Elenco Electronics, FACOM, Gardner Bender, HellermannTyton, Nelco Products, Thomas & Betts, Yueqing Highsail Electric, and Yueqing Xuankang Electric.
One trend in the market is increasing demand for hand tools and power tools. The global tie gun market is growing because of an increasing demand for hand tools and power tools.
This is because tie guns can be used as hand tools as well as power tools in industries. The global hand tools market generated a revenue of more than $9 billion in 2016 and will grow at a CAGR of more than 7% during the forecast period.
According to the report, one driver in the market is increasing demand for metal detectable cable ties. The global tie gun market is growing because of an increasing demand for metal-detectable cable ties.
These cable ties are primarily used in industries like food and beverage and pharmaceuticals. The products manufactured in these industries are sealed with metal detectable cable ties, which prevent the goods from being contaminated.
The global pharmaceutical industry is expected to grow at a rate of more than 5% during the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Further, the report states that one challenge in the market is problems related to maintaining the tensile strength of cable ties. The tensile strength of a cable tie determines its resistance to breaking under tension.
It is critical for cable tie manufacturers to maintain the minimum tensile strength of a cable tie to avoid breakage under tension. The Military Standards and Specification of the US states the criteria used to achieve standardization objectives for cable ties.
These standards list the following steps to maintain the tensile strength of a cable tie at an optimum level.
This report covers the present scenario and the growth prospects of the global tie gun market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the sales of several types of tie guns, which include automatic, manual, and pneumatic tie guns.
A tie gun is a type of fastener tool used to hold items together. It tightens the cable ties and tears off the unused portion of ties with the help of predetermined tension applied to the knob of the tie gun.
Also, when tearing off the excess cable tie, the tie gun ensures that it does not result in a sharp end, thus preventing injuries to the user. The basic types of tie guns consist of automatic, manual, and pneumatic tie guns used in several types of cable ties, which include nylon, stainless steel, and velcro cable ties.
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this industry?
What are the challenges to market growth?
Who are the key vendors in this industry space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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