Hydraulic Bolt Tensioner Market | Contrive Datum Insights

The global hydraulic bolt tensioner market size was USD 43.85 billion in 2022. The market is expected to reach USD 59.09 billion in 2030, exhibiting a CAGR of 4.3% during the forecast period.

Hydraulic Bolt Tensioner Market Overview:

Bolt tensioning is an industry-wide practice used to tighten bolts and studs. Unlike torque, bolt tensioning stretches the bolt and creates a clamping force in the joint. Hydraulic bolt tensioning is a commonly used method in bolt tensioning that uses a hydraulic bolt tensioner to tighten the bolt.

Hydraulic bolt tensioners use hydraulic fluid through a hydraulic body to apply tension and tighten bolt assemblies. Hydraulic bolt tensioners have a high degree of accuracy and reliability and are quick, simple, safe and save time and money compared to other bolt tensioners.

Hydraulic bolt tensioners also reduce leaks and leaks in flanges, providing leak-free installation and a safe working environment. Hydraulic bolt tensioners reduce workplace accidents by reducing hands-free and manual labor.

Hydraulic Bolt Tensioner market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Hydraulic Bolt Tensioner market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Segments Covered in Hydraulic Bolt Tensioner Market Research:

Market Key Players:
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

By Type:

• Topside Bolt Tensioners
• Sub Sea Bolt Tensioners
• Wind Power Bolt Tensioners

By Application:

• Oil and Gas
• Wind & Power Generation
• Industrial
• Others

By Region:

North America is the largest market in the global hydraulic bolt tensioners market. In 2019, it had a market share of 29.4%. The region is home to one of the most industrialized economies in the world. The growth of the regional hydraulic bolt tensioners market is primarily driven by the oil and gas sector. Increase in drilling and intervention activities along with significant increase in shale gas operations in the regional market, especially in the United States due to increased energy demand, has boosted the demand for hydraulic bolt tensioners. As most of North America's primary energy demand is met by conventional fuels such as oil, natural gas and coal, the demand for these fuels is expected to increase. Growing demand for fuel supports the growth of the oil and gas industry, creating lucrative growth opportunities in the hydraulic bolt tensioners market. According to the BP World Energy Statistics Review, 58.4% of the total electricity generated in the region in 2019 came from oil, natural gas and coal.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Today, many manufacturers operating in a variety of industries are turning to automation. This is an important factor in improving efficiency throughout the process. This requires manufacturers to adopt technologies that deliver the highest levels of accuracy, productivity and safety at critical joints, save time and maintain joint integrity.

Over the past few decades, multiple fastener and bolt failures associated with subsea explosion arrester control systems and components have resulted in stringent regulations and standards regarding materials and bolt strength for subsea drilling rigs. This scenario has forced subsea rig operators to adopt technologies that are accurate, reliable, and can easily manipulate divers while exposing divers to an acceptably low level of risk in hazardous underwater conditions.

Hydraulic Bolt Tensioner Market report scope:

Important Points from this Hydraulic Bolt Tensioner Market Report

• Estimate Hydraulic Bolt Tensioner market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Hydraulic Bolt Tensioner market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Hydraulic Bolt Tensioner market?

The Hydraulic Bolt Tensioner Market is growing at a CAGR of 4.3% During Forecast Period.

What are the key types of Hydraulic Bolt Tensioner market?

Topside Bolt Tensioners, Sub Sea Bolt Tensioners, Wind Power Bolt Tensioners

What are the key applications of Hydraulic Bolt Tensioner market?

Oil and Gas, Wind & Power Generation, Industrial, Others

Who are the key players in Hydraulic Bolt Tensioner market?

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