According to the new market research report “Oil Accumulator Market by Type (Bladder, Piston, and Diaphragm), Pressure Rating (Up to 6,000 Psi and Above 6,000 Psi), Onshore vs Offshore, Application (Blowout Preventer & Well Head Control, Offshore Rigs, and Mud Pumps), and Region – Global Forecast to 2023 ” the global oil accumulator market is projected to reach USD 617.0 million by 2023, at a CAGR of 4.78%, from 2018 to 2023. This market growth is primarily driven by the digitalization in the oil & gas industry and increase in shale gas exploration & production activities.
Browse and in-depth TOC on “Oil Accumulator Market”
82 – Tables
31 – Figures
124 – Pages
North America is likely to continue being the largest oil accumulator market, followed by Asia Pacific, during the forecast period. The global market is dominated by major players, including Hydac (Germany), Parker Hannifin (US), Eaton (Ireland), Freudenberg (Germany), Bosch Rexroth (Germany), and Nippon Accumulator (Japan).
The market growth strategies adopted by the key players in the oil accumulator market include new product launches, investment & expansion, contracts & agreements, mergers & acquisitions, and partnership & collaborations. New product launches was the most commonly adopted strategy by market players from February 2014 to December 2018.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84277665
Hydac is one of the leading solution providers for fluid technology and services to various industries such as automotive, oil & gas, mining, paper, and agriculture. The company offers products such as hydraulic accumulators, fluid filters, process filters, coolers, electrohydraulic controls/industrial valves, sensor systems for pressure, encoder measurement and solenoid technology, cylinders, pumps, mounting technology, and armatures. The company offers accumulators, such as bladder, piston, diaphragm, and metal bellows, for various applications such as suction flow stabilization, energy storage, and damping of vibrations. The company has adopted new product launches as its key strategy to gain a larger share of the oil accumulator market. In April 2016, the company launched the modern accumulator technology for different applications. This technology is available in 4 different designs, namely, bladder, piston, diaphragm, and metal bellows accumulators.
Ask for Sample Copy @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=84277665
Parker Hannifin is one of the leading providers of motion and control technology globally. The company operates through 2 segments, namely, diversified industrial and aerospace systems. Parker Hannifin offers oil accumulators under the diversified industrial segment. Parker Hannifin has adopted investment & expansions as its key strategy. In March 2017. Parker expanded its market by establishing accumulator and cooler division in Europe. The company is expected to provide a range of new products and services such as Xtra-life Bladder MIX, global bladder accumulator with PTS, fast-track bladder accumulators. Also, the company launched SBV3 Pulsation Damper, which is specially designed for installation on low-pressure fuel systems, typically in marine and power generation applications.
Please Explore Relevant Report:
Drilling Tools Market by Type (Drill Bits, Drilling Tubulars, Drilling Motors, Drill Reamers and Stabilizers, Drill Collars, Drill Jars, Drill Swivels, Mechanical Thrusters), Application (Onshore and Offshore), and Region – Global Forecast to 2022
Drilling and Completion Fluids Market by Application (Onshore and Offshore), Fluid System (Water-Based System, Oil-Based System, Synthetic-Based System), Well Type (Conventional and HPHT), and Region – Global Forecast to 2023
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Address:630 Dundee Road Suite 430
State: IL 60062