Lug Nut Bits
Lug Nut Bits ************************************************************************** Applications: Auto Service, Appliance service, Tire change ******* Relevant Background: "A lug nut or wheel nut is a fastener, specifically a nut, used to secure a wheel on a vehicle. Typically, lug nuts are found on automobiles, trucks (lorries), and other large vehicles using rubber tires...Lug nuts may be removed using a lug, socket or impact wrench. If the wheel is to be removed then an automotive jack to raise the vehicle and some wheel chocks would be used as well." (" Lug Nut ", https://en.wikipedia.org/wiki/Lug_nut ) *** Relevant Statistics: "The global automotive tire market was valued at $112.16 billion in 2019, and is projected to reach $154.40 billion by 2027, registering a CAGR of 4.1% from 2020 to 2027. By vehicle type, the passenger car segment was the highest revenue contributor in 2019, accounting for $80.33 billion, and is estimated to reach $110.47 b...