Wheel studs are employed to hold the wheels of an automobile. They are basically the threaded fasteners mounted through the brake disk or brake drum directly to the vehicle hub. Lug nuts are fitted to the wheel stud to attach the wheel. Earlier OEMs used to employ a threaded hub and bolt arrangement, two parts in place of the three-part stud arrangement, which include the stud, hub and nut. But the added advantages of the wheel stud arrangement compel end users to adopt this arrangement in the replacement of the hub and bolt arrangement. The advantages of wheel studs include ease of mounting and dismounting wheels, and they also have more consistent torque values.
Three types of wheel studs are available in the market, namely screw-in, press-in and welded-in. Among the three, welded-in wheel studs are rarely used, owing to their complex installation. Screw-in studs are simply screwed into the existing threaded bolt hole in the hub while press-in studs are installed from the back side of the disk or drum hub.
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Wheel Studs Market: Regional Outlook
Geographically, the wheel studs market has been segmented into eight regions: the Middle East and Africa, North America, Latin America, Western Europe, Eastern Europe and the East Asia Pacific, South Asia and Oceania. During the forecast period, North America and Europe are expected to hold major shares of the global wheel studs market. They are expected to remain prominent regions during the forecast period, owing to the presence of prominent OEMs in this region. Asia Pacific is expected to be the fastest growing region in the wheel studs market, owing to the high growth of new vehicle sales in the region. North America and Europe are mature markets and account for more than half of the global wheel studs market. The rest of the world is estimated to account for a relatively small share of the wheel studs market.
Wheel Studs Market: Market Participants
Some of the examples of the market participants operating across the value chain of the global wheel studs market include:
- KAMAX Holding GmbH & Co. KG
- Valley Forge & Bolt Manufacturing Co
- Elgin Fastener Group LLC
- The Cold Heading Co Inc
- McGee Company Inc
- Summit Tool Company
- Superbolt, Inc.
- Slidematic Industries, Inc.
- B & D. Thread Rolling, Inc.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K., Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Wheel Studs Market: Segmentation
Based on type, the wheel studs market can be segmented as follows:
- Screw-in wheel studs
- Press-in wheel studs
- Welded-in wheel studs
Based on the vehicle type, the wheel studs market can be segmented as:
- Passenger cars
- Compact
- Mid-size
- Premium
- Luxury
- SUV
- Light commercial vehicles
- Heavy commercial vehicles
Based on the material, the wheel studs market can be segmented as:
- Steel wheel studs
- Alloy wheel studs
Based on the sales channel, the wheel studs market can be segmented as:
- Original Equipment Manufacturers (OEM)
- Aftermarket
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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