Global Hydraulic Bolt Tensioner Market Growth 2023-2029

Global Hydraulic Bolt Tensioner Market Growth 2023-2029

Product Code:449117

Published Date: Feb 08,2023

Pages: 111

Region: Global

Category: Machinery & Equipment

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Hydraulic Bolt Tensioner has a hydraulic body which, using a hydraulic fluid, exerts a strong tension load on the bolt through the brace screwed on that bolt. The body also rests on the skirt in order to apply the reaction force on the assembly to be tightened.

Hydraulic bolt tensioning is the fast, simple, safe, and accurate method of tightening bolts and studs. Bolt tensioning involves multiple bolts in a flanged joint being tightened simultaneously. The bolt tensioners are linked together by hydraulic hoses, ensuring that each bolt is tightened with exactly the same force. This results in a uniform load on the gasket in the flanged joint.

LPI (LP Information)' newest research report, the “Hydraulic Bolt Tensioner Industry Forecast” looks at past sales and reviews total world Hydraulic Bolt Tensioner sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydraulic Bolt Tensioner sales for 2023 through 2029. With Hydraulic Bolt Tensioner sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydraulic Bolt Tensioner industry.

This Insight Report provides a comprehensive analysis of the global Hydraulic Bolt Tensioner 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 Hydraulic Bolt Tensioner portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hydraulic Bolt Tensioner market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydraulic Bolt Tensioner 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 Hydraulic Bolt Tensioner.

The global Hydraulic Bolt Tensioner market size is projected to grow from US$ 429 million in 2022 to US$ 582.2 million in 2029; it is expected to grow at a CAGR of 582.2 from 2023 to 2029.

Europe is the largest market with about 62% market share. North America is follower, accounting for about 21% market share.

The key players are Atlas Copco, Actuant, SPX FLOW Bolting Systems, Boltight, SKF, ITH Bolting Technology, FPT - Fluid Power Technology, Siempelkamp Tensioning Systems, Beck Crespel, Riverhawk, Hi-Force, Primo, Hire Torque, BRAND TS, Wren Hydraulic Equipment, Hydraulics Technology Inc (HTI), TorcUP, Powermaster Engineers etc. Top 3 companies occupied about 35% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Bolt Tensioner market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Topside Bolt Tensioners
    Sub Sea Bolt Tensioners
    Wind Power Bolt Tensioners

Segmentation by application
    Oil and Gas
    Wind & Power Generation
    Industrial
    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.
    Atlas Copco
    Actuant
    SPX FLOW Bolting Systems
    Boltight
    SKF
    ITH Bolting Technology
    FPT - Fluid Power Technology
    Siempelkamp Tensioning Systems
    Beck Crespel
    Riverhawk
    Hi-Force
    Primo
    Hire Torque
    BRAND TS
    Wren Hydraulic Equipment
    Hydraulics Technology Inc (HTI)
    TorcUP
    Powermaster Engineers

Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydraulic Bolt Tensioner market?
What factors are driving Hydraulic Bolt Tensioner market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydraulic Bolt Tensioner market opportunities vary by end market size?
How does Hydraulic Bolt Tensioner break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?