May 29, 2023
Home improvement projects to drive heat gun market
The heat gun market is expected to reach $1.8 billion by 2028 as sales surge due to increased home improvement projects, says research from Arizton. The heat gun market is forecast to grow at a compound annual growth rate (CAGR) of 4.93% from 2022 to 2028. Heat guns are versatile tools that are available in a variety of types so end users can choose the tool that best suits their requirements. They can be segmented into variable and dual temperature settings by product type. The variable temperature heat can achieve a varying temperature range, which can be monitored on the LCD or LED display provided by the tool. The dual-temperature heat guns include two temperature settings, namely high and low. In 2022, the variable temperature heat guns segment dominated the market and accounted for a revenue share of 54.45%. Precise temperature settings are highly crucial for industrial applications of heat guns. However, dual-temperature settings are ideal for infrequent and low-duty applications such as home improvement projects. The growing popularity of DIY (do-it-yourself) culture will drive the market for dual-temperature heat guns during the forecast period. Heat guns are used for various household applications such as repairing, and paint drying and scraping. The tools are gaining market share because the dual setting models are compact and easy to use. They are also comparatively safe and have a simple operating procedure.
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