Automatic Self-Piercing Rivets Market Technological Advancements, Evolving Industry Trends and Insights

Automatic Self-Piercing Rivets Market
Size, Key Vendors, Growth Rate, Drivers,
Volume and Forecast Report
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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).
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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.
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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 energyconserving
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 RIVETS, BY REGION
Europe Automatic Self-Piercing Rivets Market

• By Application
• By Coating
• By Country – Germany, Spain, U.K., Russia, Czech Republic and Rest of Europe.
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
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
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