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Automatic Self-Piercing Rivets Market Detailed Analysis of Current Industry Figures with Forecasts Growth

European automatic self-piercing rivets market generated the maximum demand for these fasteners in the recent past. Among the European countries, Germany demanded the maximum number of such rivets, as it is the home of major luxury carmakers.

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Automatic Self-Piercing Rivets Market Detailed Analysis of Current Industry Figures with Forecasts Growth

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  1. Automatic Self-Piercing Rivets Market Size, Key Vendors, Growth Rate, Drivers, Volume and Forecast Report 1 ©P&SIntelligence.Allrightsreserved

  2. Self-piercing rivets (SPR) offer better fastening solutions in instances where spot welding is not practical. It is the process of forming a mechanical interlock between multiple pieces of similar or different materials. The interlocking is done by forcing a rivet through the top sheet through the piercing and then fortifying the top one with the one on the bottom, without piercing it. The process of applying automatic SPRs incorporates four steps— clamping, piercing, flaring, and compression. It is used to interlock pre-painted metals (white goods), zinc-coated steel (heating, ventilation, and air conditioning [HVAC] industry, construction sector, and automobile sector), and aluminum (signs). Request to Get the Sample Report:https://www.psmarketresearch.com/market- analysis/automatic-self-piercing-rivets-market/report-sample The demand for such fasteners is expected to grow from 8.1 billion units in 2015 to 45.0 billion units by 2022, with the automatic self-piercing rivets market growing at a CAGR of 26.2% during 2016–2022. This projected increase would be the result of the growing popularity of lightweight premium vehicles. Luxury marques, such as Porsche, Daimler AG, and Audi AG, are developing aluminum-intensive vehicles by making use of automatic SPRs. Other automobile giants, such as BMW, Ford, Land Rover, and Renault, are also focused on lightweight hatchbacks and sedans. All these manufacturers are using automatic SPRs in the trunk lids, hoods, boot lids, doors, and window regulators. According to P&S Intelligence, the European automatic self-piercing rivets market generated the maximum demand for these fasteners in the recent past. Among the European countries, Germany demanded the maximum number of such rivets, as it is the home of major luxury carmakers. As for the Asia-Pacific region, China consumed the maximum number of automatic rivets. In North America, the U.S. showcased the higher demand for automatic SPRs. Other countries that are witnessing an increase in the requirement for these fasteners are Brazil, Iran, and South Africa. Make Enquiry Before Buying the Report:https://www.psmarketresearch.com/send- enquiry?enquiry-url=automatic-self-piercing-rivets-market Thus, the increasing demand for lightweight vehicles will lead to the rising usage of automatic self-piercing rivets. A shift toward the adoption of environment-friendly and energy- conserving vehicles will pave the way for the increasing usage of automatic SPRs around the globe in the foreseeable future. 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 Europe Automatic Self-Piercing Rivets Market RIVETS, BY REGION

  3. •By Application •By Coating •By Country – Germany, Spain, U.K., Russia, Czech Republic and Rest of Europe. North America Automatic Self-Piercing RivetsMarket •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 This study covers •Historical and the present size of the Automatic Self-Piercing Rivets Market •Major factors driving the market and their impact during the short, medium, and long terms •Market restraints and their impact during the short, medium, and long terms •Recent trends and evolving opportunities for the market participants •Historical and the present size of the market segments and understand their comparative future potential •Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings •Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders •Major players operating in the market and their service offerings •Recent strategic developments by the major players in the market 3 ©P&SIntelligence.Allrightsreserved

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