Global Hydraulic Bolt Tensioner Market By Type (Topside Bolt Tensioners,Wind Bolt Tensioners, and Others), By Application (Oil and Gas, Wind & Power Generation, and Industrial), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2029

Market.us announces the publication of its most recently generated research report titled, “Global Hydraulic Bolt Tensioner Market by Sale Type (Topside Bolt Tensioners (Rental) (Less than M30 (TBT Rental), M30 to M150 (TBT Rental), More than M150 (TBT Rental)), Sub Sea Bolt Tensioners (Rental) (Less than M30 (SSBT Rental), More than M150 (SSBT Rental)), Wind Bolt Tensioners (Rental) (Less than M30 (WBT Rental), M30 to M150 (WBT Rental), More than M150 (WBT Rental)), Other Types (Rental) (Less than M30 (OT Rental), M30 to M150 (OT Rental), More than M150 (OT Rental)), Topside Bolt Tensioners (Sold) (Less than M30 (TBT Sold), M30 to M150 (TBT Sold), More than M150 (TBT Sold)), Sub Sea Bolt Tensioners (Sold)( Less than M30 (SSBT Sold), M30 to M150 (SSBT Sold), More than M150 (SSBT Sold)), Wind Bolt Tensioners (Sold)( Less than M30 (WBT Sold), M30 to M150 (WBT Sold), More than M150 (WBT Sold)), Other Types (Sold) (Less than M30 (OT Sold), M30 to M150 (OT Sold), More than M150 (OT Sold)), By End Use Industry (Oil & Gas (Rental) (Compressor (Rental), Pipeline (Rental), Material Handling (Rental), Others (Oil & Gas Rental) ), Wind & Power Generation (Rental) ( Wind (Rental), Oil (Rental), Nuclear (Rental), Coal (Rental)), Industrial (Rental), Other End Use Industries (Rental), Oil & Gas (Sold) ( Compressor (Sold), Pipeline (Sold), Material Handling (Sold),  Others (Oil & Gas Sold) ), Wind & Power Generation (Sold) ( Oil (Sold), Nuclear (Sold), Coal (Sold) ), Industrial (Sold), Other End Use Industries (Sold)  ), and by Region – Global Forecast to 2028.”, which offers a holistic view of the global hydraulic bolt tensioner market through systematic segmentation that covers every aspect of the target market.

The global hydraulic bolt tensioner market is projected to be US$ 1,042.0 Mn in 2019 to reach US$ 1,573.5 Mn by 2029 at a CAGR of 4.2%.

Conventional methods used for bolt tightening involve forceful tuning and hence apply high torque, which generates friction. To overcome the friction between threads of the nut and washers which consumes a significant amount of torque, and therefore useful torque left for actual operation is relatively small. Also, loss of energy due to friction in each bolt could be different and hence could affect bolt tensioning as well. Because of these disadvantages, hydraulic bolt tensioners are preferred, which are very superior and overcome most of the problems faced by conventional methods of bolt tightening.

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These bolt tensioners reduce the time required and limits human interventions for safer and timely operation. It is mainly used for large-sized bolts where humans cannot work on tightening of the bolts. Be it topside operation or subsea operation, these tensioners are used. These are mainly used in oil and gas as well as power generation. Tensioning allows us to tighten several bolts simultaneously. They are connected in sequence via a large pressure hose assembly to a single pump unit, which makes it possible to provide uniform tightening for all the bolts. Hydraulic bolt tensioner is fitted over the stud and hydraulic pressure is applied to the bolt tensioner which stretches the stud and its nut is wound down. The pressure is released after, and the tool is removed.

Global Hydraulic Bolt Tensioner Market Revenue (US$ Mn), 2019–2029 

These bolt tensioners are easy to operate, provide excellent accuracy, quick operation, and hence used in many critical end use industries. Also, hydraulic bolt tensioners are available for bolts ranging from 20mm to 150mm and more.

However, due to the relatively high cost of hydraulic bolt tensioner, companies may opt for other bolt tensioner types, which are relatively less in cost. It may hinder market advancement. Nonetheless, continuous efforts and investments in R & D for the developments in technology, as well as product enhancements, are anticipated to contribute positively to the target market.

Global Hydraulic Bolt Tensioner Market is segmented on the basis of Sale Type, End Use Industry and Region. On the basis of Sale type, the market is segmented into (Topside Bolt Tensioners (Rental) ( Less than M30 (TBT Rental), M30 to M150 (TBT Rental), More than M150 (TBT Rental)), Sub Sea Bolt Tensioners (Rental) (Less than M30 (SSBT Rental), More than M150 (SSBT Rental)),  Wind Bolt Tensioners (Rental) (Less than M30 (WBT Rental), M30 to M150 (WBT Rental), More than M150 (WBT Rental)), Other Types (Rental) (Less than M30 (OT Rental), M30 to M150 (OT Rental), More than M150 (OT Rental)), Topside Bolt Tensioners (Sold) (Less than M30 (TBT Sold), M30 to M150 (TBT Sold), More than M150 (TBT Sold)), Sub Sea Bolt Tensioners (Sold)( Less than M30 (SSBT Sold), M30 to M150 (SSBT Sold), More than M150 (SSBT Sold)), Wind Bolt Tensioners (Sold)( Less than M30 (WBT Sold), M30 to M150 (WBT Sold), More than M150 (WBT Sold)), Other Types (Sold) (Less than M30 (OT Sold), M30 to M150 (OT Sold), More than M150 (OT Sold) ). The Topside Bolt Tensioners (Sold) segment accounts for the majority share and is expected to register highest growth over the forecast period, followed by Wind Bolt Tensioners (Sold) segment. On the basis of end use industry, the market is segmented (Oil & Gas (Rental) (Compressor (Rental), Pipeline (Rental), Material Handling (Rental), Others (Oil & Gas Rental)), Wind & Power Generation (Rental) (Wind (Rental), Oil (Rental), Nuclear (Rental), Coal (Rental)), Industrial (Rental), Other End Use Industries (Rental), Oil & Gas (Sold) ( Compressor (Sold), Pipeline (Sold), Material Handling (Sold),  Others (Oil & Gas Sold)), Wind & Power Generation (Sold) ( Oil (Sold), Nuclear (Sold), Coal (Sold)), Industrial (Sold), Other End Use Industries (Sold)  ). The Wind & Power Generation (Sold) segment accounts for a majority share in the global Hydraulic Bolt Tensioner Market.

Global Hydraulic Bolt Tensioner Market by Sale Type, 2013-2029

On the basis of region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. North America accounts for the majority share in the global Hydraulic Bolt Tensioner Market, owing to its subsea applications and topside applications. Europe is expected to register highest growth rate over the forecast period. Regions such as APAC, South America and MEA are expected to register stable growth over the forecast period.

The research report on the global Hydraulic Bolt Tensioner Market includes profiles of some of major companies such as Atlas Copco AB, SKF AB, SPX FLOW (SPX Corporation), Actuant Corporation, HyTorc, Siempelkamp Tensioning Systems, Wren Hydraulic Equipment, Pilgrim International, Nord-Lock, Hi-Force, Schaaf, Beck Crespel, FPT - Fluid Power Technology., Hydraulics Technology Inc. (HTI), TorcUp, ITH bolting technology, Powermaster Engineers Pvt Ltd., Technofast Industries Pty Ltd.

Key Market Segments:

Type

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

Application

• Oil and Gas
• Wind & Power Generation
• Industrial

Key Market Players included in the report:

• Atlas Copco AB
• SKF AB
• SPX FLOW (SPX Corporation)
• Actuant Corporation
• HyTorc
• Siempelkamp Tensioning Systems
• Wren Hydraulic Equipment
• Pilgrim International
• Nord-Lock
• Hi-Force
• Schaaf
• Beck Crespel
• FPT - Fluid Power Technology.
• Hydraulics Technology Inc. (HTI)
• TorcUp
• ITH bolting technology
• Powermaster Engineers Pvt Ltd.
• Technofast Industries Pty Ltd

For the Hydraulic Bolt Tensioner Market research study, the following years have been considered to estimate the market size: