Automatic Self-Piercing Rivets Market Trends, Emerging Opportunities, And Top Key Players

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2022
Automatic Self-Piercing Rivets Market
Opportunities, and Trends in Coming Years
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The mushrooming manufacturing of luxury vehicles
is causing a sharp surge in the demand for
automatic self-piercing rivets across the world.
This is because these rivets are extensively used
by automakers to fasten several similar and
dissimilar aluminum automobiles. In addition to
this, various luxury vehicle manufacturing
companies such as Porsche, Daimler AG, and Audi
AG are increasingly utilizing various automatic
self-piercing rivets for the manufacturing of
their aluminum-intensive automobiles. Apart from
the above-mentioned factor, the governments of
various European and North American countries are
increasingly implementing strict emission norms
and standards, that are further boosting the
demand for automatic self-piercing rivets.
Additionally, several automotive manufacturing
companies around the world are increasingly using
aluminum to reduce the weight of their
automobiles. As per the Aluminum Transportation
Group (ATG),every 10 reduction in vehicle weight
could cause savings of as much as 5-7 fuel.
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Furthermore, many governments are rapidly
implementing policies aimed at promoting the
usage offuel-efficient vehicles in order to
reduce the emission of greenhouse gases and
mitigate the pollution levels. These policies are
massively contributing toward the changing
automobile manufacturing dynamics. The Global
Fuel Economy Initiative has set the target of
improving the fuel economy of all new automobiles
by at least 50 by 2050. These initiatives are
also driving the progress of the global automatic
self-piercing rivets market. As a result, the
capacity of the market is predicted to rise to
45.0 billion units by 2022, while exhibiting a
CAGR of 26.2 between 2016 and 2022. The
increasing affordability of premium and luxury
vehicles, especially in the developing countries
such as China, Vietnam, and India, will offer
lucrative growth opportunities to the automatic
self-piercing rivets market players, as per the
estimates of the market research company, PS
Intelligence.
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• GLOBAL AUTOMATIC SELF-PIERCING RIVETS MARKET
• By Application Conventional Vehicles, New
  Energy Vehicles
• By Coating ALMAC, Aluminum, Zinc, and Others
• By Region Europe, North America, Asia-Pacific
  and Rest of the World.
• GLOBAL AUTOMATIC SELF-PIERCING RIVETS, BY
  REGIONEurope Automatic Self-Piercing Rivets
  Market
• By Application
• By Coating
• By Country Germany, Spain, U.K., Russia, Czech
  Republic and Rest of Europe.

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• North America Automatic Self-Piercing
  Rivets Market
• By Application
• By Coating
• By Country U.S., Mexico and Canada
• Asia-Pacific Automatic Self-Piercing Rivets
  Market
• By Application
• By Coating
• By Country China, Japan, India, South Korea,
  Thailand, Indonesia and Rest of Asia-Pacific
• Rest of the World (RoW) Automatic Self-Piercing
  Rivets Market
• By Application
• By Coating
• By Country Brazil, Iran, South Africa and Rest
  of ROW

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This study covers 1. Historical and the present
size of the Automatic Self-Piercing Rivets
Market 2. Historical and the present size of the
market segments and understand their comparative
future potential 3. Potential of on-demand
logistics services, so the market players make
informed decisions on the sales of their
offerings 4. Competitive scenario of various
market segments across key countries in several
regions for uncovering market opportunities for
the stakeholders 5. Major players operating in
the market and their service offerings
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