In the world of mechanical maintenance, there exists a versatile and essential tool known as the “nutrunner.” Despite its importance, nutrunners are often overshadowed by more commonly recognized tools like ratchets and wrenches. However, nutrunners play a crucial role in tightening and fastening nuts and bolts efficiently.
A nutrunner, at its core, is a power tool designed for the precise task of fastening nuts and bolts. It comprises two essential components: the driving clutch half and the driven clutch half. These halves are connected by axially directed teeth that enable the transfer of torque, ensuring secure and accurate fastening. The global nutrunner market size was valued at $789.4 million in 2020, and is projected to reach $1,168.5 million by 2030, registering a CAGR of 4.1% from 2021 to 2030.
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Nutrunners find their niche in appliance maintenance and are particularly well-suited for tasks that require precision and consistency. Unlike ratchets and wrenches, which are generally used for higher-torque applications, nutrunners shine when it comes to lower-torque needs. They are often employed in industries such as automotive, aerospace, and manufacturing, where precise torque control is essential to ensure the integrity of the assembled components.
The nutrunner market growth is driven by development of the construction, automotive, machinery manufacturing, and industrial sectors. Moreover, increase in automation in automotive, machine manufacturing, and construction industries is likely to boost the market growth. The use of a nut runner saves time and ensures performance accuracy. In industry, nutrunner are utilized where increasing production pressure to meet the objective within a time restriction is a difficult issue. Moreover, nutrunners are ideal for bolting applications, as they have little vibration and give better accuracy and repeatability. On the other hand, a nutrunner requires labor and daily interval maintenance, which is expected to restrain the market growth during the forecast period.
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Nutrunner are of various types such as electric, pneumatic, and hydraulic nutrunner. The pneumatic nutrunner is powered by continuous gearing, whereas a hydraulic nutrunner is powered by hammering. The gear box and the reaction arms manage all of the required torque. A reaction arm necessitates the use of a reaction contact, such as a nut or a hard metallic surface. These nutrunner have low vibration level, sufficient repeatability and higher accuracy, which makes it ideal for bolting and fastening, thus augmenting the market growth.
Top Players:
Some of the key players operating in the global nutrunner market include Aimco Global, Atlas Copco AB, Bosch Rexroth AG, Dai-Ichi Dentsu Ltd., Estic Corporation, Ingersoll Rand Inc., ITH bolting Technology, Maschinenfabrik Wagner GmbH & Co.AG, Sanyo Machine Works Ltd., and Stanley Engineered Fastening.
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