Oil Accumulator Market
PUBLISHED: 2020 ID: SMRC19844
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Oil Accumulator Market

Oil Accumulator - Global Market Outlook (2019 -2027)

4.7 (97 reviews)
4.7 (97 reviews)
Published: 2020 ID: SMRC19844

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Oil Accumulator Market is accounted for $522.71 million in 2019 and is expected to reach $878.17 million by 2027 growing at a CAGR of 6.7% during the forecast period. Some of the factors such as shale gas exploration boom in the US and increasing usage of oil accumulator in various applications such as blow out preventer & well head control are propelling the market growth. However, issues related to transition to renewable sources of energy is hindering the market growth.

Oil Accumulator is a device that stores energy during the drilling procedure in the hydraulic system. It compresses a gas bladder which is charged to a little extent with hydraulic fluids. Through this process, energy gets stored. Oil Accumulator is used in mud pumps, blowout preventers, and drilling rigs. It is also called a hydro-pneumatic device, which majorly handles pressure arising from fluctuations, leakage compensation, noise reduction, and pulsation damping.

Based on the type, the bladder accumulator segment is going to have a lucrative growth during the forecast period owing to the rise in investment in onshore and offshore applications. Bladder accumulators are quite useful in different offshore applications and they own high durability.

By geography, North America is estimated to have a lucrative growth during the forecast period due to the leading countries, such as the US and Canada, which are immensely contributing to the growth of the oil accumulator market in the North America region.

Some of the key players profiled in the Oil Accumulator Market include Rotec Hydraulics, Roth Hydraulics, Accumulators, Hydroll, Parker Hannifin, Bosch, Hydac, Freudenberg, Nippon Accumulators, Technetics Group, Hannon Hydraulics, Eaton, GE Oil & Gas, and Tobul Accumulator Inc.

Pressure Ratings Covered:
• Up to 6,000 Psi
• Above 6,000 Psi

Types Covered:
• Bladder Accumulator
• Diaphragm Accumulator
• Piston Accumulator

Onshore vs Offshore Covered:
• Offshore
• Onshore

Applications Covered:
• Blow Out Preventer & Well Head Control
• Mud Pumps

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary        
            
2 Preface
         
 2.1 Abstract         
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions      
            
3 Market Trend Analysis       
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities       
 3.5 Threats         
 3.6 Application Analysis      
 3.7 Emerging Markets       
 3.8 Impact of Covid-19       
            
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
            
5 Global Oil Accumulator Market, By Pressure Rating   
 5.1 Introduction        
 5.2 Up to 6,000 Psi       
 5.3 Above 6,000 Psi       
            
6 Global Oil Accumulator Market, By Type    
 6.1 Introduction        
 6.2 Bladder Accumulator      
 6.3 Diaphragm Accumulator      
 6.4 Piston Accumulator       
            
7 Global Oil Accumulator Market, By Application   
 7.1 Introduction        
 7.2 Blow Out Preventer & Well Head Control   
 7.3 Mud Pumps        
 7.4 Offshore Rigs        
 7.5 Onshore   
            
8 Global Oil Accumulator Market, By Geography   
 8.1 Introduction        
 8.2 North America       
  8.2.1 US        
  8.2.2 Canada        
  8.2.3 Mexico        
 8.3 Europe         
  8.3.1 Germany        
  8.3.2 UK        
  8.3.3 Italy        
  8.3.4 France        
  8.3.5 Spain        
  8.3.6 Rest of Europe      
 8.4 Asia Pacific        
  8.4.1 Japan        
  8.4.2 China        
  8.4.3 India        
  8.4.4 Australia        
  8.4.5 New Zealand      
  8.4.6 South Korea      
  8.4.7 Rest of Asia Pacific      
 8.5 South America       
  8.5.1 Argentina       
  8.5.2 Brazil        
  8.5.3 Chile        
  8.5.4 Rest of South America     
 8.6 Middle East & Africa      
  8.6.1 Saudi Arabia      
  8.6.2 UAE        
  8.6.3 Qatar        
  8.6.4 South Africa      
  8.6.5 Rest of Middle East & Africa    
            
9 Key Developments        
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
 9.2 Acquisitions & Mergers      
 9.3 New Product Launch      
 9.4 Expansions        
 9.5 Other Key Strategies      
            
10 Company Profiling        
 10.1 Rotec Hydraulics       
 10.2 Roth Hydraulics       
 10.3 Accumulators       
 10.4 Hydroll         
 10.5 Parker Hannifin       
 10.6 Bosch         
 10.7 Hydac         
 10.8 Freudenberg       
 10.9 Nippon Accumulators      
 10.10 Technetics Group       
 10.11 Hannon Hydraulics       
 10.12 Eaton         
 10.13 GE Oil & Gas       
 10.14 Tobul Accumulator Inc


List of Tables          
1 Global Oil Accumulator Market Outlook, By Region (2018-2027) ($MN)
2 Global Oil Accumulator Market Outlook, By Pressure Rating (2018-2027) ($MN)
3 Global Oil Accumulator Market Outlook, By Up to 6,000 Psi (2018-2027) ($MN)
4 Global Oil Accumulator Market Outlook, By Above 6,000 Psi (2018-2027) ($MN)
5 Global Oil Accumulator Market Outlook, By Type (2018-2027) ($MN)
6 Global Oil Accumulator Market Outlook, By Bladder Accumulator (2018-2027) ($MN)
7 Global Oil Accumulator Market Outlook, By Diaphragm Accumulator (2018-2027) ($MN)
8 Global Oil Accumulator Market Outlook, By Piston Accumulator (2018-2027) ($MN)
9 Global Oil Accumulator Market Outlook, By Application (2018-2027) ($MN)
10 Global Oil Accumulator Market Outlook, By Blow Out Preventer & Well Head Control (2018-2027) ($MN)
11 Global Oil Accumulator Market Outlook, By Mud Pumps (2018-2027) ($MN)
12 Global Oil Accumulator Market Outlook, By Offshore Rigs (2018-2027) ($MN)
13 Global Oil Accumulator Market Outlook, By Onshore (2018-2027) ($MN)
14 North America Oil Accumulator Market Outlook, By Country (2018-2027) ($MN)
15 North America Oil Accumulator Market Outlook, By Pressure Rating (2018-2027) ($MN)
16 North America Oil Accumulator Market Outlook, By Up to 6,000 Psi (2018-2027) ($MN)
17 North America Oil Accumulator Market Outlook, By Above 6,000 Psi (2018-2027) ($MN)
18 North America Oil Accumulator Market Outlook, By Type (2018-2027) ($MN)
19 North America Oil Accumulator Market Outlook, By Bladder Accumulator (2018-2027) ($MN)
20 North America Oil Accumulator Market Outlook, By Diaphragm Accumulator (2018-2027) ($MN)
21 North America Oil Accumulator Market Outlook, By Piston Accumulator (2018-2027) ($MN)
22 North America Oil Accumulator Market Outlook, By Application (2018-2027) ($MN)
23 North America Oil Accumulator Market Outlook, By Blow Out Preventer & Well Head Control (2018-2027) ($MN)
24 North America Oil Accumulator Market Outlook, By Mud Pumps (2018-2027) ($MN)
25 North America Oil Accumulator Market Outlook, By Offshore Rigs (2018-2027) ($MN)
26 North America Oil Accumulator Market Outlook, By Onshore (2018-2027) ($MN)
27 Europe Oil Accumulator Market Outlook, By Country (2018-2027) ($MN)
28 Europe Oil Accumulator Market Outlook, By Pressure Rating (2018-2027) ($MN)
29 Europe Oil Accumulator Market Outlook, By Up to 6,000 Psi (2018-2027) ($MN)
30 Europe Oil Accumulator Market Outlook, By Above 6,000 Psi (2018-2027) ($MN)
31 Europe Oil Accumulator Market Outlook, By Type (2018-2027) ($MN)
32 Europe Oil Accumulator Market Outlook, By Bladder Accumulator (2018-2027) ($MN)
33 Europe Oil Accumulator Market Outlook, By Diaphragm Accumulator (2018-2027) ($MN)
34 Europe Oil Accumulator Market Outlook, By Piston Accumulator (2018-2027) ($MN)
35 Europe Oil Accumulator Market Outlook, By Application (2018-2027) ($MN)
36 Europe Oil Accumulator Market Outlook, By Blow Out Preventer & Well Head Control (2018-2027) ($MN)
37 Europe Oil Accumulator Market Outlook, By Mud Pumps (2018-2027) ($MN)
38 Europe Oil Accumulator Market Outlook, By Offshore Rigs (2018-2027) ($MN)
39 Europe Oil Accumulator Market Outlook, By Onshore (2018-2027) ($MN)
40 Asia Pacific Oil Accumulator Market Outlook, By Country (2018-2027) ($MN)
41 Asia Pacific Oil Accumulator Market Outlook, By Pressure Rating (2018-2027) ($MN)
42 Asia Pacific Oil Accumulator Market Outlook, By Up to 6,000 Psi (2018-2027) ($MN)
43 Asia Pacific Oil Accumulator Market Outlook, By Above 6,000 Psi (2018-2027) ($MN)
44 Asia Pacific Oil Accumulator Market Outlook, By Type (2018-2027) ($MN)
45 Asia Pacific Oil Accumulator Market Outlook, By Bladder Accumulator (2018-2027) ($MN)
46 Asia Pacific Oil Accumulator Market Outlook, By Diaphragm Accumulator (2018-2027) ($MN)
47 Asia Pacific Oil Accumulator Market Outlook, By Piston Accumulator (2018-2027) ($MN)
48 Asia Pacific Oil Accumulator Market Outlook, By Application (2018-2027) ($MN)
49 Asia Pacific Oil Accumulator Market Outlook, By Blow Out Preventer & Well Head Control (2018-2027) ($MN)
50 Asia Pacific Oil Accumulator Market Outlook, By Mud Pumps (2018-2027) ($MN)
51 Asia Pacific Oil Accumulator Market Outlook, By Offshore Rigs (2018-2027) ($MN)
52 Asia Pacific Oil Accumulator Market Outlook, By Onshore (2018-2027) ($MN)
53 South America Oil Accumulator Market Outlook, By Country (2018-2027) ($MN)
54 South America Oil Accumulator Market Outlook, By Pressure Rating (2018-2027) ($MN)
55 South America Oil Accumulator Market Outlook, By Up to 6,000 Psi (2018-2027) ($MN)
56 South America Oil Accumulator Market Outlook, By Above 6,000 Psi (2018-2027) ($MN)
57 South America Oil Accumulator Market Outlook, By Type (2018-2027) ($MN)
58 South America Oil Accumulator Market Outlook, By Bladder Accumulator (2018-2027) ($MN)
59 South America Oil Accumulator Market Outlook, By Diaphragm Accumulator (2018-2027) ($MN)
60 South America Oil Accumulator Market Outlook, By Piston Accumulator (2018-2027) ($MN)
61 South America Oil Accumulator Market Outlook, By Application (2018-2027) ($MN)
62 South America Oil Accumulator Market Outlook, By Blow Out Preventer & Well Head Control (2018-2027) ($MN)
63 South America Oil Accumulator Market Outlook, By Mud Pumps (2018-2027) ($MN)
64 South America Oil Accumulator Market Outlook, By Offshore Rigs (2018-2027) ($MN)
65 South America Oil Accumulator Market Outlook, By Onshore (2018-2027) ($MN)
66 Middle East & Africa Oil Accumulator Market Outlook, By Country (2018-2027) ($MN)
67 Middle East & Africa Oil Accumulator Market Outlook, By Pressure Rating (2018-2027) ($MN)
68 Middle East & Africa Oil Accumulator Market Outlook, By Up to 6,000 Psi (2018-2027) ($MN)
69 Middle East & Africa Oil Accumulator Market Outlook, By Above 6,000 Psi (2018-2027) ($MN)
70 Middle East & Africa Oil Accumulator Market Outlook, By Type (2018-2027) ($MN)
71 Middle East & Africa Oil Accumulator Market Outlook, By Bladder Accumulator (2018-2027) ($MN)
72 Middle East & Africa Oil Accumulator Market Outlook, By Diaphragm Accumulator (2018-2027) ($MN)
73 Middle East & Africa Oil Accumulator Market Outlook, By Piston Accumulator (2018-2027) ($MN)
74 Middle East & Africa Oil Accumulator Market Outlook, By Application (2018-2027) ($MN)
75 Middle East & Africa Oil Accumulator Market Outlook, By Blow Out Preventer & Well Head Control (2018-2027) ($MN)
76 Middle East & Africa Oil Accumulator Market Outlook, By Mud Pumps (2018-2027) ($MN)
77 Middle East & Africa Oil Accumulator Market Outlook, By Offshore Rigs (2018-2027) ($MN)
78 Middle East & Africa Oil Accumulator Market Outlook, By Onshore (2018-2027) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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