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

More documents

Recommendations

Info

Self-piercing rivets (SPR) offer better fastening solutions in instances where spot welding isnot practical. It is the process of forming a mechanical interlock between multiple pieces ofsimilar or different materials. The interlocking is done by forcing a rivet through the top sheetthrough the piercing and then fortifying the top one with the one on the bottom, withoutpiercing 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, constructionsector, and automobile sector), and aluminum (signs).Request to Get the Sample Report: https://www.psmarketresearch.com/marketanalysis/automatic-self-piercing-rivets-market/report-sampleThe demand for such fasteners is expected to grow from 8.1 billion units in 2015 to 45.0billion units by 2022, with the automatic self-piercing rivets market growing at a CAGR of26.2% during 2016–2022. This projected increase would be the result of the growingpopularity 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 onlightweight hatchbacks and sedans. All these manufacturers are using automatic SPRs in thetrunk lids, hoods, boot lids, doors, and window regulators.According to P&S Intelligence, the European automatic self-piercing rivets marketgenerated the maximum demand for these fasteners in the recent past. Among the Europeancountries, Germany demanded the maximum number of such rivets, as it is the home of majorluxury carmakers. As for the Asia-Pacific region, China consumed the maximum number ofautomatic rivets. In North America, the U.S. showcased the higher demand for automaticSPRs. Other countries that are witnessing an increase in the requirement for these fastenersare Brazil, Iran, and South Africa.Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/sendenquiry?enquiry-url=automatic-self-piercing-rivets-marketThus, the increasing demand for lightweight vehicles will lead to the rising usage of automaticself-piercing rivets. A shift toward the adoption of environment-friendly and energyconservingvehicles will pave the way for the increasing usage of automatic SPRs around theglobe 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 REGIONEurope 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 CanadaAsia-Pacific Automatic Self-Piercing Rivets Market• By Application• By Coating• By Country – China, Japan, India, South Korea, Thailand, Indonesia and Rest of Asia-PacificRest of the World (RoW) Automatic Self-Piercing Rivets Market• By Application• By Coating• By Country – Brazil, Iran, South Africa and Rest of ROWThis 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 longterms• 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 theircomparative future potential• Potential of on-demand logistics services, so the market players make informeddecisions on the sales of their offerings• Competitive scenario of various market segments across key countries in severalregions 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©P&SIntelligence.Allrightsreserved 3
Page 1: Automatic Self-Piercing Rivets Mark
Page 5: Kindly write to: enquiry@psmarketre

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

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?