Automatic Self-Piercing Rivets Market Share, Revenue, Growth, Global Foresight And Key Growth Drivers

1. Automatic Self-Piercing Rivets Market Growth, Segments, Size, Industry Analysis and Opportunities 1 ©P&SIntelligence.Allrightsreserved

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. Request to Get the Sample Report@ https://www.psmarketresearch.com/market- analysis/automatic-self-piercing-rivets-market/report-sample 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. Furthermore, many governments are rapidly implementing policies aimed at promoting the usage of fuel-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 automatic self-piercing rivets 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. Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=automatic-self-piercing-rivets-market 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

3. 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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