Market Definition / Research Scope
A pneumatic bolting tool is a type of torque multiplier device that is connected to a pneumatic air motor. It is used to unscrew or tighten nuts at very high speed. It applies a strong twisting motion to free bolts and nuts that are rusty or very tightly fastened.
There are two types of pneumatic bolting tools. Shut-off pneumatic bolting tool and stall torque pneumatic bolting tool. A shut-off operates on constant air pressure while having rotary movements. It rotates rapidly either screwing or unscrewing a nut or screw, and shuts itself off automatically when the required or desired level of tightness is reached. A turn-off signal alerts operator that the tightness process is complete. This enhances accuracy and productivity as one doesnot have to counter-check if the screw or nut is well fixed and the operator can move on to other work.
A stall torque has torque varying depending on air pressure. They are strong and compact pneumatic bolting tools where the operator sets the air pressure they require before starting the torque fixing process.
Pneumatic bolting tools are applied in gas and oil, mining, power, wind, automotive, marine, electronics, medical, railway, aerospace, off-road equipment, etc.
Pneumatic Bolting Tools Market size shall reach a value of $2x61.4 Million in 2031, growing with a CAGR of 12.13% during the forecast period of 2022 to 2031
Pneumatic Bolting Tools Market Growth and Trends
Pneumatic bolting tools comprise air motor driven hand appliances for fixing metal bolts in multiple products. With a high reduction ratio, these devices assist work under controlled pressure conditions engender timely and safe tool operations. Attracting a substantial worldwide market, pneumatic bolting tools have attained this popularity owing to the following factors:
• Bolting tools find an extensive requirement in automotive industries. It aids in the appropriate structuring of a vehicle through multiple small, compact and lightweight bolts.
• Further to this, a growth in the automotive sectors is likely to enhance (attain a value of 3800 billion dollars by 2030) because of an advanced pneumatic bolting tools market.
• Next, this improvised technical knowhow has also reduced the number of industrial accidents at the workplace. This renders the technical staff more efficient and interested to work in this sector. In fact, it also facilitates huge employment opportunities to mechanical and electrical engineers and technical professionals.
• The manufacturing industries engaged in upgrading this market aim to develop highly efficient, user-friendly and speedy, precise and environmentally sustainable tools.
• Last but not least; contributing about 3.8 % of the global economy, the oil and gas manufacturing sector oil and gas industry uses bolts for onshore and offshore fixing services.
Challenges to Pneumatic Bolting Tools Market
Here is an outline of underlying challenges which the pneumatic bolting tools market expects encountering. The below mentioned restraints may even obstruct their market in the forecast period.
• This market engenders a competitive landscape. This is because of the numerous companies investing in the technologically innovative bolt fabrications and finished products.
• Fragmentation of the market may cause unavoidable loss to manufacturing unit bases in developed and developing nations.
Pneumatic Bolting Tools Market Regional Analysis
Pneumatic Bolting Tools Market Share and Competition
Key companies operating in this industry are: Chicago Pneumatic, Powermaster Engineers Pvt. Ltd., ENERPAC, New World Technologies Inc., Baier Hydraulic Power (Wuhan) Co., Ltd., Atlas Copco, Parla Tech Industrial Supply, Torc Star, TorcUP Inc., Hydratight Limited, TRISTAR INTERNATIONAL, Ultra Torq., and HYTORC. Similar industries in this domain that is growing at a high CAGR include Torque Tools (Gun/Wrench) Market and Pneumatic Tools Market.
Pneumatic Bolting Tools Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2022 - 2031)
• Standard
• Customized
Tool Analysis (Revenue, USD Million, 2022 - 2031)
• Tensioning tool
• Torque tool
Belt Analysis (Revenue, USD Million, 2022 - 2031)
• Topside Bolt Tensioners
• Sub Sea Bolt Tensioners
• Wind Bolt Tensioners
Distribution Channel Analysis (Revenue, USD Million, 2022 - 2031)
• Direct Sales (OEM)
• Indirect sales
Industry Analysis (Revenue, USD Million, 2022 - 2031)
• Wind
• Power
• Oil & Gas
• Automotive
• Aerospace
• Marine
• Electronics
• Medical
• Railway
• Off-Road Equipment
• Industrial
• Others
Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Pneumatic Bolting Tools Market Companies
• Chicago Pneumatic
• Powermaster Engineers Pvt. Ltd.
• ENERPAC
• New World Technologies Inc.
• Baier Hydraulic Power (Wuhan) Co., Ltd.
• Atlas Copco
• Parla Tech Industrial Supply
• Torc Star
• TorcUP Inc.
• Hydratight Limited
• TRISTAR INTERNATIONAL
• Ultra Torq.
• HYTORC
Available Versions: -
United States Pneumatic Bolting Tools Market Research Report
Europe Pneumatic Bolting Tools Market Research Report
Asia Pacific Pneumatic Bolting Tools Market Research Report
India Pneumatic Bolting Tools Market Research Report
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