Global Pneumatic Bolting Tools Market Size and Forecast
The global Pneumatic Bolting Tools market size was valued at US$ 717.70 Mn. in 2023 and is projected to reach US$ 1079.16 Mn. by 2030, growing at a CAGR of 6% during the forecast period.
Market Overview:
The Pneumatic Bolting Tools market report highlights recent developments, trade regulations, import-export analysis, business models, value chain optimization, and market share. It also assesses opportunities in emerging income pockets, market restrictions, tactical growth, sales volume, segment growth, application niches, product approvals, releases, and regional performance.
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Market Scope:
In a highly competitive environment, the report provides detailed information on competitors, including business overviews, financials, revenue, market potential, R&D investments, new market efforts, geographical presence, firm strengths and weaknesses, product introductions, and application dominance. The focus is on the Pneumatic Bolting Tools industry.
Drivers:
The report also covers major restraints and drivers affecting the Pneumatic Bolting Tools market.
Segmentation:
by Tools
Torque tools
Tensioning tools
by Type
Customized
Standard
by Types of Bolt
Wind bolt tensioners
Topside bolt tensioners
Hydraulic bolt tensioners
Sub -Sea bolt tensioners
by End-User
Oil& Gas
Power
Wind
Marine
Medical
Railway
Electronics
Aerospace
Off road equipment
Others
by Distribution Channel
OEM
Aftermarket
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Key Players:
The major players covered in the Pneumatic Bolting Tools market report include:
1. ENERPAC
2. Chicago pneumatic
3. Atlas Copco
4. Powermaster Engineers Pvt. Ltd.
5. New World Technologies Inc.
6. Torc Star
7. TRISTAR INTERNATIONAL
8. Baier Hydraulic Power Co. Ltd.
9. Parla Tech Industrial Supply
10. TorcUp Inc.
11. Ultra Torq
12. HYTORC
13. Hydratight Ltd.
14. Norbar Torque Tools
15. Snap-On Incorporated
Regional Analysis:
The report explores the factors driving the global Pneumatic Bolting Tools market's growth, including user demographics, market participants, geographic regions, and special requirements. It provides a comprehensive evaluation of all significant developments across market sectors using statistics, infographics, and demonstrations.
COVID-19 Impact Analysis on Pneumatic Bolting Tools Market:
The COVID-19 pandemic caused a significant decline in production utilization, travel bans, and facility closures, leading to a slowdown in the Pneumatic Bolting Tools market in 2020. The report includes insights, analysis, estimations, and projections regarding COVID-19's impact on the Pneumatic Bolting Tools market.
Key Questions Answered in the Pneumatic Bolting Tools Market Report:
- Which segment held the largest share in the Pneumatic Bolting Tools market?
- What was the competitive scenario of the Pneumatic Bolting Tools market in 2020?
- What are the key factors driving growth in the Pneumatic Bolting Tools market?
- Which region held the maximum share in the Pneumatic Bolting Tools market in 2020?
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