Oil & Gas accumulators are hydro-pneumatic equipment, which can store non-compressible fluid even under extreme pressure. The fluid is stored via an external source that can either be piston, spring, gas and fluid. Furthermore, oil accumulators are used for different purposes, including noise reduction as well as pulsation dampening. These accumulators are available in different shapes. Most popular types of oil and gas accumulators are diaphragm, bladder and piston.
Exploration as well as drilling activities supported by greater need for crude oil is driving the oil & gas market. Besides this, environmental concerns backed by oil spills have contributed to the growth of the market. Moreover, the attempts to reduce the environmental hazards during exploration as well as activities are expected to create greater opportunities.
The oil & gas accumulator market is segmented based on type, application and geography. The types covered in the market research report are bladder, diaphragm and piston. Applications assessed during the study include offshore rigs, mud pumps as well as blowout preventer. Regions such as North America, Europe, Asia Pacific and LAMEA would see tremendous growth.
Key market players active in the oil and gas accumulator market are Eaton Corporation, Nippon Accumulator Co., Ltd., Parker Hannifin Corp., Bosch Rexroth USA, Technetics, Hydac International GMBH, GE Oil & Gas and Tobul Accumulator Inc.
KEY BENEFITS FOR STAKEHOLDERS
- The market research report provides integrated information on the major drivers, restraints and opportunities influencing the industry growth during the forecast period.
- The study further drills down to produce data volume by components, end customers and demography.
- SWOT analysis of major brands, highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies.
- Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
- The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure.
- Study further weighs up on the prominent market players and their business strategies to maintain their position.
- Assessment of upstream and downstream market also forms an important part of the report.
OIL & GAS ACCUMULATOR MARKET KEY SEGMENTS
Oil & Gas Accumulator Market - By Type
Oil & Gas Accumulator Market - By Application
- Offshore Rigs
- Mud Pumps
- Blowout Preventer
Oil & Gas Accumulator Market - By Geography
- North America
- Asia Pacific
- Eaton Corporation
- Nippon Accumulator Co., Ltd.
- Parker Hannifin Corp.
- Bosch Rexroth USA
- Hydac International GMBH
- GE Oil & Gas
- Tobul Accumulator Inc.