Heat Gun Market - Global Outlook and Forecast 2019-2024

Heat Gun Market - Global Outlook and Forecast 2019-2024

The global heat gun market is expected to grow at a CAGR of over 5% during the forecast period 2018−2024.

Increasing industrialization across the world and the growing application of power tools in households and commercial segments are primarily driving the global heat gun market. The industry is highly competitive with low concentration. However, the average price of these devices has been declining due to maturing technology and decreasing raw material prices. Vendors in the global heat gun market are introducing innovative features to increase product differentiation. Heat gun devices are increasingly finding applications in the medical-surgical sector. They can be used for sanitizing medical equipment. Hence, the growth of the prosthetics and orthotics industry is expected to boost the demand for this equipment. Increasing incidences of road accidents, sports injuries, and the growing prevalence of osteosarcoma are likely to increase ortho surgeries, which, in turn, are expected to generate revenue opportunities for the heat gun market.

The following factors are likely to contribute to the growth of the heat gun market during the forecast period:

  • High Demand for Industrial Heat Guns
  • Demand for Eco-friendly Paint Removal Methods
  • Growth in the DIY culture
  • Product Innovations
The study considers the present scenario of the global heat gun market and its market dynamics for the period 2018−2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

Heat Gun Market: Segmentation

This research report includes detailed segmentation by product type, application, power type, and geography.

The dominance of dual temperature equipment is high due to low price and high durability. The popularity of the DIY culture is a dominant driver for high market shares in the North American region. However, the trend is picking up in developing countries such as, China, India, the UAE, and Saudi Arabia, which is likely to drive the demand for such tools among consumers. The presence of highly diversified small-scale industries and businesses in the APAC region is primarily driving the market in APAC. The global variable temperature segment dominates the market, generating approximately 50% of the revenue in 2018.

The electric-powered equipment is the most commonly used for industrial and household purposes. However, with the growing need to reduce carbon emissions, manufacturers prefer battery-powered models instead of fuel-powered engines. Battery-powered equipment is also more advantageous over electric equipment as they do not need cable trails, allowing the machine to be moved freely. Manufacturers are using lithium-ion batteries as they can last up to 3–5 years depending on the usage. They are also lightweight. Although cordless or battery-powered equipment forms a comparatively small segment, the demand is expected to rise due to the increasing application in households. The share of gas-powered ones is however, likely to decline by 2024. The growing environmental concerns and the increasing natural gas price result in the declining sale of gas-powered equipment, which is expected to be substituted by powerful electric and battery-powered machines.

ne of the primary advantages of heat gun devices in the residential sector is safety as these tools are flameless. Moreover, the aging population and changing demographics have resulted in high demand for household tools and equipment. Hence, the growing number of households is expected to drive the demand for these devices for repairs and renovations. The predominance of DIY culture among American families is mainly supporting the demand for this equipment. They are used for several repairs and maintenance works such as paint removal, renovations, and refurbishing of furniture and other crafty works.

The commercial segment is expected to grow at a CAGR of over 5% during the period 2018-–2024. The increased application for renovation and remodeling such as removal or glue-on coverings, building materials, removing wallpapers and various other surfaces is a major driver for the growth of the commercial appliances segment. The APAC region dominates the commercial segment. The existence of small-scale industries is primarily supporting the growth of the industry. These devices are used for all types of repair and maintenance works, thereby witnessing high demand in the commercial sector.

Market Segmentation by Product Types
  • Variable Temperature
  • Dual Temperature
Market Segmentation by Application
  • Industrial
  • Commercial
  • Residential
Market Segmentation by Power Type
  • Electric
  • Gas
Heat Gun Market: Geography

APAC accounts for the largest market share in 2018. The region hosts several industries, including manufacturing, automobiles, and electrical, which, consequently, increase the need for power, especially heat gun devices. While Japan and South Korea are major manufacturers and exporters of electrical appliances and automobiles, Singapore offers excellent construction facilities.

North America constitutes the second-largest market. The presence of large-scale industries such as automobiles, construction, electronics, and aerospace is driving the growth in the region. Further, these devices are also used for several household applications, including repairing, paint drying, and paint scraping. They are also comparatively safe and have a simpler operating procedure than other heavy instruments. Thus, residential or household usage is generating widespread demand in the North American region.

Market Segmentation by Geography
  • APAC
China

Japan

South Korea

Australia
  • Europe
Germany

UK

France
  • Latin America
Brazil

Mexico
  • MEA
Saudi Arabia

UAE
  • North America
Canada

US

Key Vendor Analysis

The global heat gun market is characterized by low market concentration, with high competition among players. The present scenario is driving vendors to alter and refine their unique value proposition to achieve a strong presence. Currently, the market is moderately fragmented and is dominated by vendors such as, Stanley Black + Decker, Bosch and Steinel Group. All these major vendors have a global presence in three major geographical regions: North America, APAC, and Europe. However, there are other vendors providing products with similar specifications at low prices. This is likely to intensify the price war among vendors during the forecast period. The market confronts the threat of infiltration with low-quality products from Chinese vendors. Major vendors continually compete among themselves for the leading position, with occasional spurts of competition coming from other local vendors. The competition will be based solely in terms of features such as quality, quantity, technology, services, and price.

Vendors Profiled in the Report are
  • Aikou
  • Apex Tool group
  • Bosch
  • Dongcheng Tools
  • Enertwist
  • Galaxia Tech
  • Genesis
  • Hitachi-Koki
  • Makita Corp.
  • Master Appliance Corp.
  • Mowis
  • Poniie
  • Rexbeti
  • Seekone
  • SparkFun Electronics
  • Stanley Black & Decker
  • TackLife
  • Teccpo
  • Techtronic Industries (TTI)
  • The Steinel Company
  • Wagner Group
  • Zhejiang Prulde Electric Appliance Co. Ltd
Key Market Insights

The analysis of the global heat gun market provides sizing and growth opportunities for the forecast period 2019–2024.
  • Offers sizing and growth prospects of the market for the forecast period 2019–2024.
  • Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market.
  • Includes a detailed analysis of growth drivers, challenges, and investment opportunities.
  • Delivers a complete overview of segments and the regional outlook of the market.
  • Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage.


1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Products
4.4.2 Market Segmentation by Applications
4.4.3 Market Segmentation by Power Source
4.4.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Rising Demand for Industrial Heat Guns
8.1.2 Demand for Eco-friendly Paint Removal Methods
8.1.3 Increasing Demand for Single-ply Membrane Roofing
8.2 Market Growth Restraints
8.2.1 Maturing Technology & Declining Prices
8.2.2 High End-user Variability & Associated Market Risks
8.2.3 Volatility in Raw Material Prices
8.3 Market Opportunities & Trends
8.3.1 Rising Use of Heat Guns in Medical Industry
8.3.2 Growing DIY Culture
8.3.3 Rise in Product Innovations
9 Global Heat Gun Market
9.1 Market Overview
9.1.1 Market Size & Forecast
9.2 Five Forces Analysis
9.2.1 Threat of New Entrants
9.2.2 Bargaining Power of Suppliers
9.2.3 Bargaining Power of Buyers
9.2.4 Threat of Substitutes
9.2.5 Competitive Rivalry
10 By Product Type
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.3 Dual Temperature
10.3.1 Market Size & Forecast
10.3.2 By Geography
10.4 Variable Temperature
10.4.1 Market Size & Forecast
10.4.2 By Geography
11 By Application
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Residential
11.3.1 Market Size & Forecast
11.3.2 By Geography
11.4 Commercial
11.4.1 Market Size & Forecast
11.4.2 By Geography
11.5 Industrial
11.5.1 Market Size & Forecast
11.5.2 By Geography
12 By Power Type
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Electric
12.3.1 Market Size & Forecast
12.3.2 By Geography
12.4 Gas
12.4.1 Market Size & Forecast
12.4.2 By Geography
13 By Geography
13.1 Market Snapshot& Growth Engine
13.2 Overview
14 APAC
14.1 Market Overview
14.1.1 Market Size & Forecast
14.2 Market Segmentation
14.2.1 By Product Type
14.2.2 By Application
14.2.3 By Power Type
14.3 Key Countries
14.3.1 China: Market Size & Forecast
14.3.2 Japan: Market Size & Forecast
14.3.3 Australia: Market Size & Forecast
14.3.4 South Korea: Market Size & Forecast
15 North America
15.1 Market Overview
15.1.1 Market Size & Forecast
15.2 Market Segmentation
15.2.1 By Product Type
15.2.2 By Application
15.2.3 By Power Type
15.3 Key Countries
15.3.1 US: Market Size & Forecast
15.3.2 Canada: Market Size & Forecast
16 Europe
16.1 Market Overview
16.2 Market Segmentation
16.2.1 By Product Type
16.2.2 By Application
16.2.3 By Power Type
16.3 Key Countries
16.3.1 Germany: Market Size & Forecast
16.3.2 France: Market Size & Forecast
16.3.3 UK: Market Size & Forecast
17 Latin America
17.1 Market Overview
17.1.1 Market Size & Forecast
17.2 Market Segmentation
17.2.1 By Product Type
17.2.2 By Application
17.2.3 By Power Type
17.3 Key Countries
17.3.1 Brazil: Market Size & Forecast
17.3.2 Mexico: Market Size & Forecast
18 Middle-East& Africa
18.1 Market Overview
18.1.1 Market Size & Forecast
18.2 Market Segmentation
18.2.1 By Product Type
18.2.2 By Application
18.2.3 By Power Type
18.3 Key Countries
18.3.1 Saudi Arabia: Market Size & Forecast
18.3.2 UAE: Market Size & Forecast
19 Competitive Landscape
19.1 Competition Overview
19.2 Strategic Recommendations
20 Key Company Profiles
20.1 Bosch
20.1.1 Business Overview
20.1.2 Major Product Offerings
20.2 Wagner Group
20.2.1 Business Overview
20.2.2 Major Product Offerings
20.3 Stanley Black + Decker
20.3.1 Business Overview
20.3.2 Major Product Offerings
20.4 TechTronic Industries (TTI)
20.4.1 Business Overview
20.4.2 Major Product Offerings
20.5 Apex Tool Group
20.5.1 Business Overview
20.5.2 Major Product Offerings
20.6 The Steinel Company
20.6.1 Business Overview
20.6.2 Major Product Offerings
20.7 Hitachi-koki
20.7.1 Business Overview
20.7.2 Major Product Offerings
20.8 Makita Corporation
20.8.1 Business Overview
20.8.2 Major Product Offerings
20.9 Master Appliance Corp
20.9.1 Business Overview
20.9.2 Major Product Offerings
20.10 DongCheng Tools
20.10.1 Business Overview
20.10.2 Major Product Offerings
20.11 Seekone
20.11.1 Business Overview
20.11.2 Major Product Offerings
20.12 Genesis
20.12.1 Business Overview
20.12.2 Major Product Offerings
20.13 Zhejiang Prulde Electric Appliance Co. Ltd
20.13.1 Business Overview
20.13.2 Major Product Offerings
20.14 Teccpo
20.14.1 Business Overview
20.14.2 Major Product Offerings
20.15 SparkFun Electronics
20.15.1 Business Overview
20.15.2 Major Product Offerings
20.16 Galaxia Tech
20.16.1 Business Overview
20.16.2 Major Product Offerings
20.17 EnerTwist
20.17.1 Business Overview
20.17.2 Major Product Offerings
20.18 AIkou
20.18.1 Business Overview
20.18.2 Major Product Offerings
20.19 Mowis
20.19.1 Business Overview
20.19.2 Major Product Offerings
20.20 Rexbeti
20.20.1 Business Overview
20.20.2 Major Product Offerings
20.21 Poniie
20.21.1 Business Overview
20.21.2 Major Product Offerings
20.22 TackLife
20.22.1 Business Overview
20.22.2 Major Product Offerings
21 Report Summary
21.1 Key Takeaways
21.2 Quantitative Summary
21.2.1 By Product Type
21.2.2 By Application
21.2.3 By Power Type
21.2.4 By Geography
21.2.5 Europe
21.2.6 North America
21.2.7 APAC
21.2.8 Latin America
21.2.9 Middle-East& Africa
22 Appendix
22.1 Abbreviations
List of Exhibits
Exhibit 1 Segmentation of Global Heat Gun Market
Exhibit 2 Market Size Calculation Approach 2018
Exhibit 3 Global Power Tools vs. Heat Gun Market 2018
Exhibit 4 Uses of Heat Guns by End-user Applications
Exhibit 5 Rising Demand for Industrial Heat Guns.
Exhibit 6 Industrial Heat Guns Uses
Exhibit 7 Demand for Eco-friendly Paint Removal Methods
Exhibit 8 Increasing Demand for Single-ply Membrane Roofing
Exhibit 9 Type of Low Slope Roofing Construction in US 2016
Exhibit 10 Maturing Technology & Declining Prices
Exhibit 11 Product Lifecycle of Heat Gun Technology
Exhibit 12 High End-user Variability & Associated Market Risks
Exhibit 13 Volatility in Raw Material Prices
Exhibit 14 Price Analysis of Steel & Rubber 2012−2017 ($ per metric ton)
Exhibit 15 Crude Oil Price Fluctuations 2003−2017 ($/barrel)
Exhibit 16 Rising Use of Heat Guns in Medical Industry
Exhibit 17 Growing DIY Culture
Exhibit 18 Rise in Product Innovations
Exhibit 19 Global Heat Gun Market 2018−2024 ($ million)
Exhibit 20 Global Heat Gun Market by Application 2018−2024 ($ million)
Exhibit 21 Global Heat Gun Market by Geography 2018−2024
Exhibit 22 Five Forces Analysis 2018
Exhibit 23 Incremental Growth by Product Type 2018−2024
Exhibit 24 Global Heat Gun Market by Product Type 2018−2024 ($ million)
Exhibit 25 Global Dual Temperature Heat Gun Market 2018−2024 ($ million)
Exhibit 26 Dual Temperature Heat Gun Market by Geography 2018−2024 ($ million)
Exhibit 27 Global Variable Temperature Heat Gun Market 2018−2024 ($ million)
Exhibit 28 Variable Temperature Heat Gun Market by Geography 2018−2024 ($ million)
Exhibit 29 Incremental Growth by Application 2018−2024
Exhibit 30 Global Heat Gun Market by Application 2018
Exhibit 31 Global Residential Heat Gun Market 2018−2024 ($ million)
Exhibit 32 Uses of Heat Guns in Various Residential Tasks
Exhibit 33 Global Residential Heat Gun Market Overview 2018−2024 ($ million)
Exhibit 34 Global Commercial Heat Gun Market 2018−2024 ($ million)
Exhibit 35 Global Commercial Heat Gun Market Overview 2018−2024 ($ million)
Exhibit 36 Global Industrial Heat Gun Market 2018−2024 ($ million)
Exhibit 37 Global Industrial Heat Gun Market Overview 2018−2024 ($ million)
Exhibit 38 Incremental Growth by Power Type 2018−2024
Exhibit 39 Global Heat Gun Market by Power Type 2018−2024 ($ million)
Exhibit 40 Global Electric Heat Gun Market 2018−2024 ($ million)
Exhibit 41 Global Electric Heat Gun Market Overview 2018−2024 ($ million)
Exhibit 42 Global Gas Heat Gun Market 2018−2024 ($ million)
Exhibit 43 Global Gas Heat Gun Market Overview 2018−2024 ($ million)
Exhibit 44 Incremental Growth by Geography 2018−2024
Exhibit 45 Global Heat Gun Market Overview 2018−2024 ($ million)
Exhibit 46 Global Heat Gun Market by Key Countries 2018
Exhibit 47 Heat Gun Market in APAC 2018−2024 ($ million)
Exhibit 48 Heat Gun Market in APAC Overview 2018
Exhibit 49 Incremental Growth in APAC 2018−2024
Exhibit 50 Heat Gun Market in China 2018−2024 ($ million)
Exhibit 51 Heat Gun Market in Japan 2018−2024 ($ million)
Exhibit 52 Heat Gun Market in Australia 2018−2024 ($ million)
Exhibit 53 Heat Gun Market in South Korea 2018−2024 ($ million)
Exhibit 54 Heat Gun Market in North America 2018−2024 ($ million)
Exhibit 55 Heat Gun Market in North America Overview 2018
Exhibit 56 Incremental Growth in North America 2018−2024
Exhibit 57 Heat Gun Market in US 2018−2024 ($ million)
Exhibit 58 Heat Gun Market in Canada 2018−2024 ($ million)
Exhibit 59 Heat Gun Market in Europe 2018−2024 ($ million)
Exhibit 60 Heat Gun Market in Europe Overview 2018
Exhibit 61 Incremental Growth in Europe 2018−2024
Exhibit 62 Heat Gun Market in Germany 2018−2024 ($ million)
Exhibit 63 Heat Gun Market in France 2018−2024 ($ million)
Exhibit 64 Heat Gun Market in UK 2018−2024 ($ million)
Exhibit 65 Heat Gun Market in Latin America 2018−2024 ($ million)
Exhibit 66 Heat Gun Market in Latin America Overview 2018−2024 ($ million)
Exhibit 67 Incremental Growth in Latin America 2018−2024
Exhibit 68 Heat Gun Market in Brazil 2018−2024 ($ million)
Exhibit 69 Heat Gun Market in Mexico 2018−2024 ($ million)
Exhibit 70 Heat Gun Market in MEA 2018−2024 ($ million)
Exhibit 71 Heat Gun Market in MEA Overview 2018−2024 ($ million)
Exhibit 72 Incremental Growth in MEA 2018−2024
Exhibit 73 Heat Gun Market in Saudi Arabia 2018−2024 ($ million)
Exhibit 74 Heat Gun Market in UAE 2018−2024 ($ million)
List of Tables
Table 1 Key Caveats
Table 2 Currency Conversion 2013−2018
Table 3 Global Heat Gun Market by Product Type 2018−2024 ($ million)
Table 4 Global Dual Temperature Heat Gun Market by Geography 2018−2024 ($ million)
Table 5 Global Variable Temperature Heat Gun Market by Geography 2018−2024 ($ million)
Table 6 Global Heat Gun Market by Application 2018−2024 ($ million)
Table 7 Global Residential Heat Gun Market by Geography 2018−2024 ($ million)
Table 8 Global Commercial Heat Gun Market by Geography 2018−2024 ($ million)
Table 9 Global Industrial Heat Gun Market by Geography 2018−2024 ($ million)
Table 10 Global Heat Gun Market by Power Type 2018−2024 ($ million)
Table 11 Global Electric Heat Gun Market by Geography 2018−2024 ($ million)
Table 12 Global Gas Heat Gun Market by Geography 2018−2024 ($ million)
Table 13 Global Heat Gun Market by Geography 2018−2024 ($ million)
Table 14 Heat Gun Market in APAC by Product Type 2018−2024 ($ million)
Table 15 Heat Gun Market in APAC by Application 2018−2024 ($ million)
Table 16 Heat Gun Market in APAC by Power Type 2018−2024 ($ million)
Table 17 Heat Gun Market in North America by Product Type 2018−2024 ($ million)
Table 18 Heat Gun Market in North America by Application 2018−2024 ($ million)
Table 19 Heat Gun Market in North America by Power Type 2018−2024 ($ million)
Table 20 Heat Gun Market in Europe by Product Type 2018−2024 ($ million)
Table 21 Heat Gun Market in Europe by Application 2018−2024 ($ million)
Table 22 Heat Gun Market in Europe by Power Type 2018−2024 ($ million)
Table 23 Heat Gun Market in Latin America by Product Type 2018−2024 ($ million)
Table 24 Heat Gun Market in Latin America by Application 2018−2024 ($ million)
Table 25 Heat Gun Market in Latin America by Power Type 2018−2024 ($ million)
Table 26 Heat Gun Market in MEA by Product Type 2018−2024 ($ million)
Table 27 Heat Gun Market in MEA by Application 2018−2024 ($ million)
Table 28 Heat Gun Market in MEA by Power Type 2018−2024 ($ million)
Table 29 Bosch: Product Offerings
Table 30 Wagner: Product Offerings
Table 31 Black + Decker: Product Offerings
Table 32 Black + Decker: Product Offerings
Table 33 Apex Tool Group: Product Offerings
Table 34 Steinel: Product Offerings
Table 35 Hitachi-Koki: Key Product Offerings
Table 36 Makita Corporation: Key Product Offerings
Table 37 Master Appliance: Key Product Offerings
Table 38 Dongcheng Tools: Key Product Offerings
Table 39 Seekone: Key Product Offerings
Table 40 Genesis: Key Product Offerings
Table 41 Prulde: Key Product Offerings
Table 42 Teccpo: Key Product Offerings
Table 43 SparkFun: Key Product Offerings
Table 44 SparkFun: Key Product Offerings
Table 45 Enertwist: Key Product Offerings
Table 46 Aikou: Key Product Offerings
Table 47 Mowis: Key Product Offerings
Table 48 Rexbeti: Key Product Offerings
Table 49 Poniie: Key Product Offerings
Table 50 Poniie: Key Product Offerings
Table 51 Global Heat Gun Market by Product Type 2018−2024 ($ million)
Table 52 Global Dual Temperature Heat Gun Market by Geography 2018−2024 ($ million)
Table 53 Global Variable Temperature Heat Gun Market by Geography 2018−2024 ($ million)
Table 54 Global Heat Gun Market by Application 2018−2024 ($ million)
Table 55 Global Residential Heat Gun Market by Geography 2018−2024 ($ million)
Table 56 Global Commercial Heat Gun Market by Geography 2018−2024 ($ million)
Table 57 Global Industrial Heat Gun Market by Geography 2018−2024 ($ million)
Table 58 Global Heat Gun Market by Power Type 2018−2024 ($ million)
Table 59 Global Heat Gun Market by Power Type 2018−2024 ($ million)
Table 60 Global Electric Heat Gun Market by Geography 2018−2024 ($ million)
Table 61 Global Gas Heat Gun Market by Geography 2018−2024 ($ million)
Table 62 Global Heat Gun Market by Geography 2018−2024 ($ million)
Table 63 Heat Gun Market in Europe by Product Type 2018−2024 ($ million)
Table 64 Heat Gun Market in Europe by Application 2018−2024 ($ million)
Table 65 Heat Gun Market in Europe by Power Type 2018−2024 ($ million)
Table 66 Heat Gun Market in North America by Product Type 2018−2024 ($ million)
Table 67 Heat Gun Market in North America by Application 2018−2024 ($ million)
Table 68 Heat Gun Market in North America by Power Type 2018−2024 ($ million)
Table 69 Heat Gun Market in APAC by Product Type 2018−2024 ($ million)
Table 70 Heat Gun Market in APAC by Application 2018−2024 ($ million)
Table 71 Heat Gun Market in APAC by Power Type 2018−2024 ($ million)
Table 72 Heat Gun Market in Latin America by Product Type 2018−2024 ($ million)
Table 73 Heat Gun Market in Latin America by Application 2018−2024 ($ million)
Table 74 Heat Gun Market in Latin America by Power Type 2018−2024 ($ million)
Table 75 Heat Gun Market in MEA by Product Type 2018−2024 ($ million)
Table 76 Heat Gun Market in MEA by Application 2018−2024 ($ million)
Table 77 Heat Gun Market in MEA by Power Type 2018−2024 ($ million)

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