Global Weld Studs Market Growth 2023-2029
Stud welding is a technique similar to flash welding where a fastener or specially formed nut is welded onto another metal part, typically a base metal or substrate. The fastener can take different forms, but typically fall under threaded, unthreaded or tapped. The bolts may be automatically fed into the spot welder. Weld nuts generally have a flange with small nubs that melt to form the weld.
LPI (LP Information)' newest research report, the “Weld Studs Industry Forecast” looks at past sales and reviews total world Weld Studs sales in 2022, providing a comprehensive analysis by region and market sector of projected Weld Studs sales for 2023 through 2029. With Weld Studs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Weld Studs industry.
This Insight Report provides a comprehensive analysis of the global Weld Studs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Weld Studs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Weld Studs market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Weld Studs and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Weld Studs.
The global Weld Studs market size is projected to grow from US$ 5332.6 million in 2022 to US$ 7339.1 million in 2029; it is expected to grow at a CAGR of 7339.1 from 2023 to 2029.
US was the largest consumer market with a market share of about 25%. Europe and China ranked the second and third markets with the market share of about 23% and 16%.
Weld Studs are widely used Automotive, Machinery & Equipment, Airplane, Structural applications etc. As the demand increases rapidly with higher spending propensity and a rising demand for automation in developing regions.
Nowadays, the top three companies make up over 6% market share of the Weld Studs market, and the world's large enterprises are mainly concentrated in US and Europe. The top three manufacturers are Nelson, STANLEY, HBS.
This report presents a comprehensive overview, market shares, and growth opportunities of Weld Studs market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Manual Welding
Arc Weld
Energy Storage Welding
Segmentation by application
Automotive
Machinery & Equipment
Airplane
Structural
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nelson
STANLEY Engineered Fastening
HBS Stud Weldings
Taylor Stud Welding
Tru-Weld
Heinz Soyer GmbH
Cox Industries
Brisbane Industrial Agencies
Koster & Co. GmbH
YONGLONG
Key Questions Addressed in this Report
What is the 10-year outlook for the global Weld Studs market?
What factors are driving Weld Studs market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Weld Studs market opportunities vary by end market size?
How does Weld Studs break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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