This Wheel Studs market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Wheel Studs report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the wheel studs market would exhibit a CAGR of 6.40% for the forecast period.
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Market Overview:
Wheel studs are used to hold the wheels of a vehicle. The wheel studs are semi-permanently mounted through the brake disk or brake drum directly to the vehicle hub. Therefore, it is advised to properly upkeep the vehicle and maintains the standard of wheel studs. One should not drive the vehicle with a broken wheel stud. This is because if a pair of wheel studs gets broken, it puts pressure on the remaining wheel studs. And this in turn can lead to breaking off the remaining wheel studs. Also, the wheel will start to wobble and could fall off and possibly cause an accident. The two most common cause of failure of wheel studs are improper installation by tire service technicians and over torqueing of the lug nuts. Wheel studs are a better alternative to wheel bolts as they provide the ability to obtain much more accurate torque values. This is because unlike wheel bolts, wheel studs don't twist during tightening. In other words, wheel studs stretch in one axis alone while tightening which helps in providing much more accurate clamping forces.
Some of the major players operating in the Wheel Studs market are KAMAX, Elgin Fastener Group LLC, STUDIO MCGEE, Nord-Lock International AB, Valley Forge & Bolt Mfg. Co., Summit Tools, Slidematic, Beachlawn, National Bolt & Nut Corporation, Asia Bolts Industries LLC, BOLT & NUT INDUSTRY CO., LTD., Brunner Manufacturing Co., Inc., TA CHEN INTERNATIONAL, INC., MNP, SPIROL International Corporation, SPS Technologies, Consolidated Metal Products, Inc., Acument Intellectual Properties LLC and ND Industries, Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.among others.
Global Wheel Studs Market Scope
The wheel studs market is segmented on the basis of product and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of product, the wheel studs market is segmented into screw-in wheel studs, press-in wheel studs and welded-in wheel studs.
On the basis of distribution channel, the wheel studs market has been segmented into original equipment manufacturer (OEM) and aftermarket.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Wheel Studs Market Landscape
Part 04: Global Wheel Studs Market Sizing
Part 05: Global Wheel Studs Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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