With a market size of $1.65 billion in 2023, the expansion joints market is anticipated to grow gradually at a CAGR of 4.2 percent to reach $2.5 billion in revenue by the end of 2033. Expansion joints are coming more and more in demand across a range of end-use sectors such as oil & gas, power generation, and chemicals, which is fuelling the market growth. The current manufacturing process includes compact and zero-emission standards. Expansion joints are an essential commodity in modern equipment since they allow for enormous movements and enhanced flexibility within the system. They also are known to be cost savings on the overall project. In this industry, LSI-MECH ENGINEERS PVT. LTD. is the dominant player. The firm primarily serves important applications and technologically advanced installations, and it is the only company in India with an in-house design department that uses the most advanced design software.
In addition to providing expansion joints, LSI-MECH assists clients by integrating modular piping assembly, which simplifies assembly and erection on the job site. Beyond manufacturing crucial expansion joints, the company's cutting-edge in-house production plant is fully stocked with the machinery needed for total equipment fabrication. Additionally, LSI-MECH helps clients set up their equipment on location. The knowledgeable team supports clients in the
routine inspection of installed expansion joints and assesses the remaining life to enable customers to schedule replacements in advance. “With over 30 years of experience, we have rich knowledge of varied issues faced by end-users and our team works with customers to solve them, providing them with the best possible solution”, shares Umamagesh Ganesan, Director, LSI-MECH ENGINEERS.
The LSI-MECH team of professionals has developed a specialty in designing and producing expansion joints and piping solutions, and other international quality management systems. To guarantee complete client satisfaction, specialists are pooled for each project based on their combined industry knowledge and close customer connection based on project requirements. For the benefit of the customers, LSI-MECH also has an internal R&D and FEA team as well as testing, welding, painting, and packing capabilities. “Our design department is well-equipped with experienced designers. Many customers worldwide approach us to troubleshoot their complex and intricate design requirements. We have a dedicated industry-specialized team to assist customers with the complete package providing Total Engineering solutions based on the customers' requirements”, further adds Umamagesh.
The organization is certified by ASME 'U', 'U2', ISO 3834, and other international quality management systems. To ensure that there are no quality complaints, all operating personnel are trained on the most recent developments and quality approaches regularly. LSI-MECH also strictly adheres to all relevant codes and standards, and guarantees that the appropriate knowledge is assigned to the appropriate task, making the approach distinctive and in high demand.
The LSI-MECH team of professionals has developed a specialty in the design and production of expansion joints and piping solutions
Future Expansion
The company is growing in terms of its customer base as well as its regional base every year. There are still unexplored locations where expansion joints are used and the firm intends to explore the same. LSI-MECH is supplying the workforce with the required tools and machinery to service these markets. According to many corporations, this new territory/ business line related to expansion joints has a high potential for growth in the coming years. LSI-MECH has also introduced an industrial strainer as a new product for diversification. The company anticipates rapid growth in this market and hopes to achieve top status with this product, eventually.
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