Automatic Self-Piercing Rivets Market Outlook and top Players Analysis

1. 2022 Automatic Self-Piercing Rivets Market Opportunities, and Trends in Coming Years

2. 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.

3. 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, P&S Intelligence.

4. 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.

5. 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

6. 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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