Market Overview:
The global wind bolt tensioners market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wind energy across the globe. Additionally, the growing installation of wind turbines in offshore applications is also contributing to the growth of this market. The global wind bolt tensioners market can be segmented on the basis of type and application. On the basis of type, it can be divided into nut replacement and bolt replacement segments. The nut replacement segment is expected to hold a larger share than that of bolt replacement segment during the forecast period owing to its low cost and easy installation process as compared with bolt replacement segment.
Product Definition:
Wind bolt tensioners are devices used to apply a specific tension to wind bolts in order to secure them in place. This is important because it ensures that the wind bolts will not move or loosen, which could lead to the collapse of the structure they are securing.
Nut Replacement:
Nut replacement is a process to change the original machine or automobile nuts with new ones. It's an easy and cost-effective method as the old ones are simply discarded after use. The growth factor in this market is driven by factors such as growing demand for electric vehicles, rising disposable income, and increasing population across the globe which will ultimately result in higher demand for automobiles resulting into increased production of wind bolts tensioners.
Bolt Replacement:
Bolt replacement is a process of repairing or replacing the damaged portion of the vehicle's fasteners. The bolts that hold wind turbine blades to the main shaft are prone to wear and tear over time, resulting in a loss of contact between the bolt and its corresponding threads. This results in vibrations, noise, and eventually leads to failure of components due to lack of lubrication.
Application Insights:
Onshore application dominated the global wind bolt tensioners market in 2017, accounting for over 75% of the revenue share. Increasing onshore projects, particularly in Europe and North America are expected to drive demand over the forecast period. In addition, growing concerns regarding landmines and other unexploded ordnance (UXO) across various regions is expected to drive demand for offshore applications.
Offshore applications are projected to witness a CAGR of XX% from 2018 to 2030 owing to increasing investments by companies such as Siemens Gamesa and Vestas among others in order to meet rising energy demands globally. Furthermore, technological advancements coupled with increased efficiency along with fewer turbines per unit area is further anticipated to augment growth over the forecast period globally.
Regional Analysis:
North America dominated the global wind bolt tensioners market in 2017. The growth is majorly attributed to increasing offshore projects in U.S and Canada, which has led to a significant increase in the number of installations of wind turbines across North America over the past few years.
Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to rapid development of renewable energy infrastructure across countries such as China and India along with other Southeast Asian nations. In addition, supportive government policies aimed at promoting investments related primarily towards deployment of clean energy technologies are expected drive regional market growth over next eight years or so In 2016 alone, China installed more than 2 GW worth solar panels which was approximately equivalent amount that was installed worldwide throughout entire history up till then (2016 - 2015).
Growth Factors:
- Increasing demand for wind energy
- Rising awareness about the benefits of using wind bolt tensioners
- Technological advancements in wind bolt tensioners products
- Growing number of construction projects globally
- Increasing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Bolt Tensioners Market Research Report
By Type
Nut Replacement, Bolt Replacement
By Application
Onshore, Offshore
By Companies
Powermaster Engineers, Tentec, HYDRAULICS TECHNOLOGY, Atlas Copco, BRAND TS, TorcUP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Wind Bolt Tensioners Market Report Segments:
The global Wind Bolt Tensioners market is segmented on the basis of:
Types
Nut Replacement, Bolt Replacement
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Onshore, Offshore
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Powermaster Engineers
- Tentec
- HYDRAULICS TECHNOLOGY
- Atlas Copco
- BRAND TS
- TorcUP
Highlights of The Wind Bolt Tensioners Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nut Replacement
- Bolt Replacement
- By Application:
- Onshore
- Offshore
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wind Bolt Tensioners Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wind Bolt tensioners are a type of adjustable suspension system that use bolts to adjust the tension on the springs. This allows you to customize the ride height and stiffness of your suspension system.
Some of the key players operating in the wind bolt tensioners market are Powermaster Engineers, Tentec, HYDRAULICS TECHNOLOGY, Atlas Copco, BRAND TS, TorcUP.
The wind bolt tensioners market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wind Bolt Tensioners Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Wind Bolt Tensioners Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wind Bolt Tensioners Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Wind Bolt Tensioners Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Wind Bolt Tensioners Market Size & Forecast, 2018-2028 4.5.1 Wind Bolt Tensioners Market Size and Y-o-Y Growth 4.5.2 Wind Bolt Tensioners Market Absolute $ Opportunity
Chapter 5 Global Wind Bolt Tensioners Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wind Bolt Tensioners Market Size Forecast by Type
5.2.1 Nut Replacement
5.2.2 Bolt Replacement
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wind Bolt Tensioners Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wind Bolt Tensioners Market Size Forecast by Applications
6.2.1 Onshore
6.2.2 Offshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wind Bolt Tensioners Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wind Bolt Tensioners Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wind Bolt Tensioners Analysis and Forecast
9.1 Introduction
9.2 North America Wind Bolt Tensioners Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wind Bolt Tensioners Market Size Forecast by Type
9.6.1 Nut Replacement
9.6.2 Bolt Replacement
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wind Bolt Tensioners Market Size Forecast by Applications
9.10.1 Onshore
9.10.2 Offshore
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wind Bolt Tensioners Analysis and Forecast
10.1 Introduction
10.2 Europe Wind Bolt Tensioners Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wind Bolt Tensioners Market Size Forecast by Type
10.6.1 Nut Replacement
10.6.2 Bolt Replacement
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wind Bolt Tensioners Market Size Forecast by Applications
10.10.1 Onshore
10.10.2 Offshore
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wind Bolt Tensioners Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wind Bolt Tensioners Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wind Bolt Tensioners Market Size Forecast by Type
11.6.1 Nut Replacement
11.6.2 Bolt Replacement
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wind Bolt Tensioners Market Size Forecast by Applications
11.10.1 Onshore
11.10.2 Offshore
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wind Bolt Tensioners Analysis and Forecast
12.1 Introduction
12.2 Latin America Wind Bolt Tensioners Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wind Bolt Tensioners Market Size Forecast by Type
12.6.1 Nut Replacement
12.6.2 Bolt Replacement
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wind Bolt Tensioners Market Size Forecast by Applications
12.10.1 Onshore
12.10.2 Offshore
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wind Bolt Tensioners Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wind Bolt Tensioners Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wind Bolt Tensioners Market Size Forecast by Type
13.6.1 Nut Replacement
13.6.2 Bolt Replacement
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wind Bolt Tensioners Market Size Forecast by Applications
13.10.1 Onshore
13.10.2 Offshore
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wind Bolt Tensioners Market: Competitive Dashboard
14.2 Global Wind Bolt Tensioners Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Powermaster Engineers
14.3.2 Tentec
14.3.3 HYDRAULICS TECHNOLOGY
14.3.4 Atlas Copco
14.3.5 BRAND TS
14.3.6 TorcUP