Heli Coil Thread Inserts Market: Introduction
Heli-coil thread inserts are helical-shaped cold rolled wires with high strength, high wear resistance, corrosion resistance and heat resistant threads. Heli-coil thread inserts are mainly used in fastening systems. Different types of heli-coil thread inserts such as free running thread inserts, self-locking or screw locking thread inserts, tangless heli-coil thread inserts, etc. are used in fastening systems of automobiles and electronics appliances. Heli-coil thread inserts provide resilient locking systems that grips the bolt and prevents it from loosening under vibration or impact. Hence, these thread inserts were very useful in repeated assembly and disassembly without appreciable loss of self-locking torque. Heli-coil thread inserts save space and weight through elimination of lock nuts, lock wiring, lock washers, chemicals for locking systems, plastic pellets and other locking mechanisms, which in turn, reduce the cost of locking system or fastening system.
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Heli Coil Thread Inserts Market: Dynamics
Heli-coil thread inserts are used across various end-use industries such as aerospace & defense, electrical & electronics, telecommunications and other industries (printing presses, manufacturing plants and machines, etc). An upsurge in different end-use product demand & industrial development are the two crucial factors boosting the demand for heli-coil thread inserts, which in turn, is propelling the overall growth of the global heli-coil thread inserts market.
Also, the continuous developments in the heli-coil thread inserts design and technology are best suited to specific industrial applications such as heli-coil plus for aerospace and defense where space saving and lightweight parts are required. This is further fueling the growth of global heli-coil thread inserts market.
The new technology developed in the area of heli-coil thread inserts revolves around threads reinforcement and repair. This new technology is used when low strength materials such as aluminum, aluminum-magnesium alloys and fiber-reinforced plastics are used. This technology is the basis for national standardization as well as aeronautical and military standards.
Heli Coil Thread Inserts Market: Segmentation
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Heli Coil Thread Inserts Market: Regional Outlook
The global heli-coil thread inserts market is segmented into five key regions namely North America, Latin America, Middle East & Africa, Asia-Pacific and Europe. North America and Europe are anticipated to remain the key regions in the global heli-coil thread inserts market throughout the forecast period. Asia-Pacific is expected to witness relatively higher growth due to the growth in end use industries.
Heli Coil Thread Inserts Market: Key Players
Some of the market participants involved in the manufacturing of heli-coil thread inserts are Bollhoff Fastenings Pvt. Ltd., Stanley Black & Decker, Inc., KATO Fastening Systems, Inc., HARISHRUM ENGINEERS PVT. LTD., Helisert Fasteners, Acme Industrial Company, SBN Industries Sdn Bhd, Thor International Pte Ltd, Noble Aerospace Private Limited, Assembly Fasteners, Inc., Fastbolt, etc.
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