openPR Logo
Press release

Wheel Bolt & Wheel Nut Market Set to Witness an Uptick by 2025

Wheel Bolt & Wheel Nut Market Set to Witness an Uptick by 2025

Wheel bolt and wheel nut are used to fasten two or more parts of an automotive together. Wheel bolt and wheel nut market registers significant growth rate, owing to growing automotive industry. North America wheel bolt and wheel nut market is expected to contribute for major revenue share, attributed to high demand for passenger cars across the region.

Global wheel bolt and wheel nut Market Dynamics:

The growth of the global wheel bolt and wheel nut market is driven by growing industries such as automotive, aerospace, and manufacturing. Moreover, increasing demand for wheel bolt and wheel nut in manufacturing industries and aerospace fueling the global wheel bolt and wheel nut market. Increasing investment in the automotive industry is trending the global wheel bolt and wheel nut market aver the forecast period. However, rapidly increasing prices of stainless steel is expected to restrain the wheel bolt and wheel nut market across the globe. The company operates in the wheel bolt and wheel nut market can increase its share in the global wheel bolt and wheel nut market by increasing their investment in Asia-Pacific region, attributed to growing automotive industry across the region and relatively less cost required for production of wheel bolt and wheel nut.

To view complete report @ http://www.persistencemarketresearch.com/market-research/wheel-bolt-wheel-nut-market.asp

Global wheel bolt and wheel nut Market Segmentation:

The global wheel bolt and wheel nut market is segmented on the basis of product type, end-use, and region. Based on product type, the global wheel bolt and wheel nut market is further classified into bolt and nut. Bolt segment is further sub-segmented into budged hex conical bolt, budged hex spherical bolt, and other bolts. Nut segment is fragmented as hex nut, heavy hex nut, jam nut, square nut, and other nuts. By end-use, the global wheel bolt and wheel nut market segmented into automotive, aerospace, oilfield machinery, farm and garden machinery, construction machinery, power transmission equipment, and other machineries. Among these, aerospace segment is growing at a substantial value CAGR in global wheel bolt and wheel nut market whereas automotive segment accounts for relatively high volume share followed by construction machinery segment over the forecast period.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/15181

Global wheel bolt and wheel nut Market Regional Outlook:

On the basis of geographies, the global wheel bolt and wheel nut market is segmented into seven regions — North America, Western Europe, Eastern Europe, Japan, Asia-Pacific except Japan, Latin America, and the Middle East & Africa. Among the regions, North America account for a relatively high share of the global wheel bolt and wheel nut market in terms of value, attributed to high demand for passenger cars across the region. Western Europe is followed by North America in global wheel bolt and wheel nut market, owing to high demand for automotive across the region. Eastern Europe and Japan also accounts for significant value share in the global wheel bolt and wheel nut market, owing to high technological advancement across the regions. The Asia-Pacific is expected to register relatively high growth in the global wheel bolt and wheel nut market over the forecast period, owing to rapid rate of advancement in automotive industry across the region. Latin America and Middle East Africa accounts for relatively lower value share in the global wheel bolt and wheel nut market, attributed to lower industrial development and economic development compared to other regions across the globe. Overall, the outlook for the global wheel bolt and wheel nut market will have a positive growth over the forecast period.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/15181

Global wheel bolt and wheel nut Market Player:

Few players in the global wheel bolt and wheel nut market include mid-states bolt and screw co., National Bolt & Nut Corporation, Asia Bolts Industries LLC, Bolt & Nut, Inc., BOLT & NUT INDUSTRY CO., LTD., Brunner Manufacturing Company, Ta Chen International, MNP Corporation, Spirol International Corporation, SPS Technologies, Consolidated Metal Products, Acument Global Technologies, and ND Industries.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA - Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wheel Bolt & Wheel Nut Market Set to Witness an Uptick by 2025 here

News-ID: 643986 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Wheel

Agricultural Tractors Market : 2 Wheel Drive, 4 Wheel Drive 2021-2031 | AMR
The global agricultural tractors market was valued at $59.1 billion in 2021, and is projected to reach $97.8 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Asia-Pacific is expected to dominate the market, in terms of revenue, followed by Europe, North America, and LAMEA. Increase in agricultural and industrial activities and government support for the agriculture industry in Asia-Pacific propels growth of the agricultural tractors market
Agricultural Tractors Market : 2 Wheel Drive, 4 Wheel Drive 2021-2031
The agricultural tractors market was valued at $59.1 billion in 2021, and is estimated to reach $97.8 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Asia-Pacific is expected to dominate the market, in terms of revenue, followed by Europe, North America, and LAMEA. Increase in agricultural and industrial activities and government support for the agriculture industry in Asia-Pacific propels growth of the agricultural tractors market in
Rail Wheel And Axle Industry Forecast to 2028 Global Market Analysis by Wheel Ty …
A rail wheel and axle is a type of wheel and axel that is specially designed for railways. Growing technological advancements in train networks and trains are compelling train manufacturers to invest heavy sums in R&D for the manufacturing of light materials for wheels and axles for passenger trains, freight trains, and short-distance trains. Rise in the production of locomotives in developing and developed countries are the major driving factor
Automotive Products |Floating wheel cap and LED Floating Wheel Caps Manufacturer
Bosswellkorea, Inc. was founded in 2014 and is specializing in the development of automotive products, LED lighting floating wheel cap and LED lighting emblem, LED lighting signboard. LED floating wheel cap patent introduction (Korea, USA, Japan, China), Floating wheel cap patent (September 2020). Janine, Spain, introduces NSV in Dubai, floating wheel cap to the world Reliability Test Pass Test Report A floating wheel cap is a product that fits in the
Section From Wheel Aligner Market Report 2019 Companies included 3D Wheel Aligne …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2019 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2019 to 2025, etc. The report also provides detailed segmentation on the
Section From Wheel Aligner Market Report 2018 Companies included 3D Wheel Aligne …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the