About Hydraulic Bolt Tensioner
Tensioning refers to the direct axial stretching of the bolt so as to achieve preload. It eliminates the inaccuracies created through friction. This hydraulic bolt tensioning technology provides the highest level of accuracy, productivity and safety. Moreover, hydraulic bolt tensioner has a hydraulic body and exerts the tension load on the bolt. It includes multiple bolts on the flanged joints.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.2% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Europe Manufacturers will contribute the maximum growth to Global Hydraulic Bolt Tensioner market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Atlas Copco (Sweden), Actuant (United States), SPX FLOW Bolting Systems (United States), Boltight (United Kingdom), SKF (Sweden), ITH Bolting Technology (Germany), FPT - Fluid Power Technology (Italy), Siempelkamp Tensioning Systems (Germany), Beck Crespel (France) and Riverhawk (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Hi-Force (United Kingdom), Primo (United States), Hire Torque (United Kingdom), BRAND TS (Netherlands), Wren Hydraulic Equipment (China), Hydraulics Technology Inc (HTI) (United States) and TorcUP (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hydraulic Bolt Tensioner market by Type (Topside Bolt Tensioners, Sub Sea Bolt Tensioners and Wind Bolt Tensioners), Application (Oil and Gas, Wind and Power Generation, Industrial and Others) and Region.
On the basis of geography, the market of Hydraulic Bolt Tensioner has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Technological Advancements on Hydraulic Bolt Tensioner
Market Growth Drivers:
Wide range of application for bolt tensioners is contributing towards the market growth. It is used pipeline flanges, heat exchangers, pressure vessels, boiler feed pumps and others. It has various advantages over the traditional tightening methods such as no torsional loading of fasteners, direct loading, easy and fast operation, high accuracy, and automation feasible.
Challenges:
Mechanical Hydraulic Bolt Tensioner Pulleys, the Chances of Errors are High
Restraints:
Tensioning Becomes Inaccurate for Short and Low Bolt Loads
Opportunities:
Rising Automation is affecting the Market Growth Positively
Market Leaders and their expansionary development strategies
In March 2019, Atlas Copco has acquired Canadian full service supplier in medical gas solution. It offers design, manufacturing, installation, distribution and service of medical gas solutions
In 2021, Pre-rolled strips from Aurubis are used in a variety of industries including construction, automotive, electronics, telecommunications and coin manufacturing. This requires high quality standards, which require state-of-the-art manufacturing facilities and technology. The continuous cast form blocks are hot rolled, milled, cold rolled, annealed and pickled into pre-rolled strips to become a kind of product with sizes and physical and technical properties tailored to the needs of the processor.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.