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2021
Oil And Gas Accumulator Market

Oil and Gas Accumulator Market by Type (Bladder Accumulator, Piston Accumulator, and Diaphragm Accumulator), Deployment Location (Offshore and Onshore), and Application (Blow-out Preventor, Drilling Rigs, Mud Pumps, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A00827
Pages: 201
Aug 2021 | 3881 Views
   
Author(s) : Nikhil Mittal , Eswara Prasad
Tables: 115
Charts: 58
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Oil and Gas Accumulator Market Outlook - 2030

The global oil and gas accumulator market size was valued at $488.3 million in 2020, and is projected to reach $814.4 million by 2030, growing at a CAGR of 5.3% from 2021 to 2030. Oil & gas accumulators are hydro-pneumatic equipment, which can store non-compressible fluid even under extreme pressure. Bladder accumulator is the most widely used hydro-pneumatic accumulator. It is filled with nitrogen in a forged or welded steel pressure vessel. Piston accumulators use pistons as a separating element for gas and liquid. It consists of cylinder tubes with an inter-surface designed for a high-pressure sealing system.           

The oil and gas accumulator market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to its dependence on the oil & gas, energy and power, sectors. According to a report published by Energy and Economic Growth Survey, the oil & gas sector is among the hardest hit sectors with an average contraction of -2.8% in 2020.

The growing population has surged transportation activities, which, in turn, led the oil-producing sectors to witness exponential rise in demand for oil and gas. Oil and gas accumulators play a major role in oil exploration activities by handling high-pressure fluctuations, leakage compensation, and noise reductions during drilling operations. It is used in blow-out preventer (BOP) applications to seal and prevent gas wells from the damage of extreme erratic pressures and uncontrolled flow of gas from the well. This has made the oil and gas exploration companies more linear toward using oil and gas accumulators for exploration and drilling activities. In addition, rising industrial activities have led regulatory bodies, such as Occupational Safety and Health Administration (OSHA), Pressure Equipment Directive (PED), and others, to put more emphasis on equipment operating under extreme erratic pressure. All these factors collectively surge the demand for oil and gas accumulator, thereby augmenting the oil and gas accumulator market growth.

Oil-&-Gas-Accumulator-Market

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However, transition to renewable energy source may hamper the market growth. The emerging trends toward sustainability and a green environment have made people more linear toward using renewable sources of energy in various end-use sectors such as electric vehicles in transport, hydroelectricity in electricity generation, nuclear power in energy generation, and others.  

On the contrary, increasing industrialization, electricity demand, and other factors have led the government of both developed and developing economies to invest more in power generation, maximizing oil and gas production, and other end-use sectors. For instance, for Vikash Refinery Modernization Project (VRMP), LNG Regasification Terminal, Versai East Development project for ONGC, and others, oil and gas accumulators are widely employed for energy storage, pressure control, leakage compensation, and other applications. It is a key factor that is anticipated to offer new opportunity in the global oil and gas accumulator market. 

The global oil and gas accumulator market analysis is done on the basis of type, deployment location, application, and region. Depending on type, the market is divided into bladder accumulator, piston accumulator, and diaphragm accumulator. On the basis of deployment location, it is fragmented into offshore and onshore. The applications covered in the study include blow-out preventor, drilling rigs, mud pumps, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The major companies profiled in oil and gas accumulator industry include Accumulators Inc., Airmo Inc., Bosch Rexroth AG, Eaton Corporation PLC (Eaton), HAWE Hydraulik SE, Hydac Verwaltung GmbH (Hydac), Hydroll, Nippon Accumulator Co., Ltd, NOK Corporation, and Parker Hannifin Corp.

Oil and gas accumulator market, by region

The Asia-Pacific oil and gas accumulator market is projected to grow at the highest CAGR of 6.4% during the forecast period and accounted for 24.2% of the oil and gas accumulator market share in 2020. This is attributed to the proliferating demand for oil supplies in China, wherein major crude oil companies in China are state owned with additional international operations in exploration & production of oil & gas products.

Oil and Gas Accumulator Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

North America is the most lucrative region

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Oil and gas accumulator market, by type

In 2020, the bladder accumulator type was the largest revenue generator, and is anticipated to grow at a CAGR of 5.6% during the forecast period. Bladder accumulator has excellent significant features, such as small inertial with quick response, easy charging, simple installation, compensation for pressure variation, and others, that make it suitable for a wide range of applications.

Oil and Gas Accumulator Market
By Type

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Bladder Accumulator type is the most lucrative segment

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Oil and gas accumulator market, by deployment location

By deployment location, the offshore segment dominated the global market in 2020, and is anticipated to grow at a CAGR of 5.4% during forecast period. The offshore application sites of oil and gas accumulators include oil exploration and drilling sites, oil rigs, and other offshore platforms. The utilization of oil and gas accumulators in offshore applications, such as exploration and drilling, blowout prevention, oil production, pre-charge maintenance, and others, is the major key market trend in the global market. 

Oil and Gas Accumulator Market
By Deployment Location

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Offshore deployment location is projected as the fastest growing segment

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Oil and gas accumulator market, by application

In 2020, the blow-out preventer application was the largest revenue generator, and is anticipated to grow at a CAGR of 5.3% during the forecast period. Oil and gas accumulator is the main control unit of the blow-out preventer (BOP). It is used to seal, control, and monitor oil wells from high pressures to prevent the release of crude oil or natural gas from oil wells. It is designed to cope with extreme uncontrolled flow and underwater pressures of reservoirs.

Oil and Gas Accumulator Market
By Application

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Blow-out preventer application is the most lucrative segment

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Key benefits for stakeholders

  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • It outlines the current oil and gas accumulator market trends and future estimations from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
  • The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Impact Of Covid-19 On The Global Oil And Gas Accumulator Market

  • The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. 
  • The oil and gas accumulators market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to its dependence on the oil & gas, energy, and power sectors. According to a report published by Energy and Economic Growth Survey, the oil & gas sector is among the hardest hit sectors with an average contraction of -2.8% in 2020. 
  • More than 100 countries have locked their international borders for transportation and non-essential trade activities, which, in turn, have led to demand-supply disruptions for the oil and gas accumulator market. Furthermore, the temporary shutdown of oil refineries amid the COVID-19 period has reduced the consumption of oil and gas accumulators in onshore sites for pressure recovery applications. For instance, according to a report published by the Indian Ministry of Petroleum & Natural Gas, the central public sector enterprise (CPSE) refineries produced 7,103.76 thousand metric tons (TMT) of crude oil in April 2020 that is 28.91% lower than the target for the month and 36.93% lower than the production achieved in the corresponding month of 2019. 
  • This has severely affected the demand for oil and gas accumulator among the oil refineries during the COVID-19 situation where oil and gas accumulators are widely used for energy storage, leakage compensation, and other applications. 
  • However, the growing global energy need and fuel consumption is anticipated to push the growth of the oil and gas accumulators market post COVID-19 scenario. For instance, according to a report published by the U.S. Energy Information Administration, the organization of petroleum exporting countries (OPEC), crude oil production is expected to rise to an average of 28.7 million barrel per day by 2022. This is expected to enhance the performance of the oil and gas accumulator market post-COVID-19 scenario. 

Key market segments

By Type

  • Bladder Accumulator
  • Piston Accumulator
  • Diaphragm Accumulator 

By Deployment Location

  • Offshore
  • Onshore

By Application

  • Blow-out Preventor
  • Drilling Rigs
  • Mud Pumps
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Increasing exploration and production activities
3.4.1.2.Increasing awareness for work safety habits

3.4.2.Restraint

3.4.2.1.Transition to renewable sources of energy
3.4.2.2.High volatilities in prices of oil and gas

3.4.3.Opportunity

3.4.3.1.Rising investments in onshore and offshore projects

3.5.Value chain analysis
3.6.Pricing analysis
3.7.Impact of key regulations on the global oil and gas accumulator market
3.8.Impact of COVID-19 on the global oil and gas accumulator market
3.9.Patent analysis, 2012-2021

CHAPTER 4:OIL AND GAS ACCUMULATOR MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Bladder accumulator

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Piston accumulator

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Diaphragm accumulator

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

CHAPTER 5:OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION

5.1.Overview

5.1.1.Market size and forecast, by deployment location

5.2.Offshore

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Onshore

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

CHAPTER 6:OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION

6.1.Overview

6.1.1.Market size and forecast

6.2.Blow-out preventer

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market share analysis, by country

6.3.Drilling rigs

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market share analysis, by country

6.4.Mud pumps

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market share analysis, by country

6.5.Others

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market share analysis, by country

CHAPTER 7:OIL AND GAS ACCUMULATOR MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by deployment location
7.2.4.Market size and forecast, by application
7.2.5.Market share analysis, by country
7.2.6.U.S.

7.2.6.1.Market size and forecast, by type
7.2.6.2.Market size and forecast, by deployment location
7.2.6.3.Market size and forecast, by application

7.2.7.Canada

7.2.7.1.Market size and forecast, by type
7.2.7.2.Market size and forecast, by deployment location
7.2.7.3.Market size and forecast, by application

7.2.8.Mexico

7.2.8.1.Market size and forecast, by type
7.2.8.2.Market size and forecast, by deployment location
7.2.8.3.Market size and forecast, by application

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by deployment location
7.3.4.Market size and forecast, by application
7.3.5.Market size and forecast, by country
7.3.6.Germany

7.3.6.1.Market size and forecast, by type
7.3.6.2.Market size and forecast, by deployment location
7.3.6.3.Market size and forecast, by application

7.3.7.UK

7.3.7.1.Market size and forecast, by type
7.3.7.2.Market size and forecast, by deployment location
7.3.7.3.Market size and forecast, by application

7.3.8.France

7.3.8.1.Market size and forecast, by type
7.3.8.2.Market size and forecast, by deployment location
7.3.8.3.Market size and forecast, by application

7.3.9.Italy

7.3.9.1.Market size and forecast, by type
7.3.9.2.Market size and forecast, by deployment location
7.3.9.3.Market size and forecast, by application

7.3.10.Spain

7.3.10.1.Market size and forecast, by type
7.3.10.2.Market size and forecast, by deployment location
7.3.10.3.Market size and forecast, by application

7.3.11.Rest of Europe

7.3.11.1.Market size and forecast, by type
7.3.11.2.Market size and forecast, by deployment location
7.3.11.3.Market size and forecast, by application

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by deployment location
7.4.4.Market size and forecast, by application
7.4.5.Market size and forecast, by country
7.4.6.China

7.4.6.1.Market size and forecast, by type
7.4.6.2.Market size and forecast, by deployment location
7.4.6.3.Market size and forecast, by application

7.4.7.Japan

7.4.7.1.Market size and forecast, by type
7.4.7.2.Market size and forecast, by deployment location
7.4.7.3.Market size and forecast, by application

7.4.8.India

7.4.8.1.Market size and forecast, by type
7.4.8.2.Market size and forecast, by deployment location
7.4.8.3.Market size and forecast, by application

7.4.9.Australia

7.4.9.1.Market size and forecast, by type
7.4.9.2.Market size and forecast, by deployment location
7.4.9.3.Market size and forecast, by application

7.4.10.South Korea

7.4.10.1.Market size and forecast, by type
7.4.10.2.Market size and forecast, by deployment location
7.4.10.3.Market size and forecast, by application

7.4.11.Rest of Asia-Pacific

7.4.11.1.Market size and forecast, by type
7.4.11.2.Market size and forecast, by deployment location
7.4.11.3.Market size and forecast, by application

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by deployment location
7.5.4.Market size and forecast, by application
7.5.5.Market size and forecast, by country
7.5.6.Brazil

7.5.6.1.Market size and forecast, by type
7.5.6.2.Market size and forecast, by deployment location
7.5.6.3.Market size and forecast, by application

7.5.7.Saudi Arabia

7.5.7.1.Market size and forecast, by type
7.5.7.2.Market size and forecast, by deployment location
7.5.7.3.Market size and forecast, by application

7.5.8.South Africa

7.5.8.1.Market size and forecast, by type
7.5.8.2.Market size and forecast, by deployment location
7.5.8.3.Market size and forecast, by application

7.5.9.Rest of LAMEA

7.5.9.1.Market size and forecast, by type
7.5.9.2.Market size and forecast, by deployment location
7.5.9.3.Market size and forecast, by application

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.INTRODUCTION

8.1.1.MARKET PLAYER POSITIONING, 2020

8.2.PRODUCT MAPPING OF TOP 10 PLAYER
8.3.COMPETITIVE DASHBOARD
8.4.COMPETITIVE HEATMAP

CHAPTER 9:COMPANY PROFILES:

9.1.Accumulator, Inc.

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Product portfolio

9.2.Airmo Inc.

9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio

9.3.Bosch Rexroth AG

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Product portfolio

9.4.Eaton Corporation PLC (Eaton)

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Operating business segments
9.4.4.Product portfolio
9.4.1.Business performance

9.5.HAWE Hydraulik SE

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product portfolio

9.6.Hydac Verwaltung GmbH (Hydac)

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Operating business segments
9.6.4.Product portfolio

9.7.Hydroll

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Product Portfolio

9.8.Nippon Accumulator Co., Ltd.

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Product portfolio

9.9.NOK Corporation

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio
9.9.5.Business performance

9.10.Parker Hannifin Corp

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Product portfolio
9.10.5.Business performance

LIST OF TABLES

TABLE 01.GLOBAL OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 02.OIL AND GAS ACCUMULATOR MARKET FOR BLADDER ACCUMULATOR PRODUCT TYPE, BY REGION, 2020–2030 ($MILLION)
TABLE 03.OIL AND GAS ACCUMULATOR MARKET FOR PISTON ACCUMULATOR PRODUCT TYPE, BY REGION, 2020–2030 ($MILLION)
TABLE 04.OIL AND GAS ACCUMULATOR MARKET FOR DIAPHRAGM ACCUMULATOR PRODUCT TYPE, BY REGION, 2020–2030 ($MILLION)
TABLE 05.OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020-2030 ($MILLION)
TABLE 06.OIL AND GAS ACCUMULATOR MARKET FOR OFFSHORE, BY REGION, 2020–2030 ($MILLION)
TABLE 07.OIL AND GAS ACCUMULATOR MARKET FOR ONSHORE, BY REGION, 2020–2030 ($MILLION)
TABLE 08.GLOBAL OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 09.OIL AND GAS ACCUMULATOR MARKET FOR BLOW-OUT PREVENTER, BY REGION, 2020–2030 ($MILLION)
TABLE 10.OIL AND GAS ACCUMULATOR MARKET FOR DRILLING RIGS, BY REGION, 2020–2030 ($MILLION)
TABLE 11.OIL AND GAS ACCUMULATOR MARKET FOR MUD PUMPS, BY REGION, 2020–2030 ($MILLION)
TABLE 12.OIL AND GAS ACCUMULATOR MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 13.OIL AND GAS ACCUMULATOR MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 14.NORTH AMERICA OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 15.NORTH AMERICA OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 16.NORTH AMERICA OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICA OIL AND GAS ACCUMULATOR MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 18.U.S. OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 19.U.S. OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 20.U.S. OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 21.CANADA OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 22.CANADA OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 23.CANADA OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 24.MEXICO OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 25.MEXICO OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 26.MEXICO OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 27.EUROPE OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 28.EUROPE OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 29.EUROPE OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 30.EUROPE OIL AND GAS ACCUMULATOR MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 31.GERMANY OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 32.GERMANY OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 33.GERMANY OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 34.U.K. OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 35.U.K. OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 36.U.K. OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 37.FRANCE OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 38.FRANCE OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 39.FRANCE OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 40.ITALY OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 41.ITALY OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 42.ITALY OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 43.REST OF EUROPE OPTICALLY 3.4 CLEAR ADHESIVES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 44.SPAIN OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 45.SPAIN OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 46.REST OF EUROPE OPTICALLY 3.4 CLEAR ADHESIVES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 47.REST OF EUROPE OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 48.REST OF EUROPE OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 49.ASIA-PACIFIC OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 50.ASIA-PACIFIC OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 51.ASIA-PACIFIC OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 52.ASIA-PACIFIC OIL AND GAS ACCUMULATOR MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 53.CHINA OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 54.CHINA OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 55.CHINA OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 56.JAPAN OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 57.JAPAN OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 58.JAPAN OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 59.INDIA OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 60.INDIA OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 61.INDIA OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 62.AUSTRALIA OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 63.AUSTRALIA OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 64.AUSTRALIA OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 65.SOUTH KOREA OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 66.SOUTH KOREA OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 67.SOUTH KOREA OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 68.REST OF ASIA-PACIFIC OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 69.REST OF ASIA-PACIFIC OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 70.REST OF ASIA-PACIFIC OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 71.LAMEA OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 72.LAMEA OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 73.LAMEA OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 74.LAMEA OIL AND GAS ACCUMULATOR MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 75.BRAZIL OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 76.BRAZIL OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 77.BRAZIL OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 78.SAUDI ARABIA OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 79.SAUDI ARABIA OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 80.SAUDI ARABIA OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 81.SOUTH AFRICA OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 82.SOUTH AFRICA OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 83.SOUTH AFRICA OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 84.REST OF LAMEA OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 85.REST OF LAMEA OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILLION)
TABLE 86.REST OF LAMEA OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 87.ACCUMULATOR, INC.: COMPANY SNAPSHOT
TABLE 88.ACCUMULATOR, INC.: PRODUCT PORTFOLIO
TABLE 89.AIRMO INC.: COMPANY SNAPSHOT
TABLE 90.AIRMO INC.: OPERATING SEGMENTS
TABLE 91.AIRMO INC.: PRODUCT PORTFOLIO
TABLE 92.BOSCH REXROTH AG: COMPANY SNAPSHOT
TABLE 93.BOSCH REXROTH AG: PRODUCT PORTFOLIO
TABLE 94.EATON CORPORATION PLC (EATON): COMPANY SNAPSHOT
TABLE 95.EATON CORPORATION PLC (EATON): OPERATING SEGMENTS
TABLE 96.EATON CORPORATION PLC (EATON): PRODUCT PORTFOLIO
TABLE 97.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 98.HAWE HYDRAULIK SE: COMPANY SNAPSHOT
TABLE 99.HAWE HYDRAULIK SE: OPERATING SEGMENTS
TABLE 100.HAWE HYDRAULIK SE: PRODUCT PORTFOLIO
TABLE 101.HYDAC: COMPANY SNAPSHOT
TABLE 102.HYDAC: OPERATING SEGMENTS
TABLE 103.HYDAC: PRODUCT PORTFOLIO
TABLE 104.HYDROLL:COMPANY SNAPSHOT
TABLE 105.HYDROLL: PRODUCT PORTFOLIO
TABLE 106.NIPPON ACCUMULATOR CO. LTD.: COMPANY SNAPSHOT
TABLE 107.NIPPON ACCUMULATOR CO. LTD.: PRODUCT PORTFOLIO
TABLE 108.NOK CORPORATION: COMPANY SNAPSHOT
TABLE 109.NOK CORPORATION: OPERATING SEGMENTS
TABLE 110.NOK CORPORATION: PRODUCT PORTFOLIO
TABLE 111.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 112.PARKER HANNIFIN CORP: COMPANY SNAPSHOT
TABLE 113.PARKER HANNIFIN CORP: OPERATING SEGMENTS
TABLE 114.PARKER HANNIFIN CORP: PRODUCT PORTFOLIO
TABLE 115.OVERALL FINANCIAL STATUS ($MILLION)

LIST OF FIGURES

FIGURE 01.GLOBAL OIL AND GAS ACCUMULATOR MARKET SNAPSHOT
FIGURE 02.GLOBAL OIL AND GAS ACCUMULATOR MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.HIGH COMPETITIVE RIVALRY
FIGURE 09.GLOBAL OIL AND GAS ACCUMULATOR FILMS MARKET DYNAMICS
FIGURE 10.VALUE CHAIN ANALYSIS
FIGURE 11.GLOBAL OIL AND GAS ACCUMULATOR MARKET, PRICING ANALYSIS, BY PRODUCT TYPE, USD/TONS
FIGURE 12.PATENT ANALYSIS, BY COUNTRY, 2021
FIGURE 13.PATENT ANALYSIS, BY APPLICANT, 2021
FIGURE 14.PATENT ANALYSIS, BY PUBLICATION DATE, 2012-2021
FIGURE 15.GLOBAL OIL AND GAS ACCUMULATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF OIL AND GAS ACCUMULATOR MARKET FOR BLADDER ACCUMULATOR, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF OIL AND GAS ACCUMULATOR MARKET FOR PISTON ACCUMULATOR, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF OIL AND GAS ACCUMULATOR MARKET FOR DIAPHRAGM ACCUMULATOR, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.GLOBAL OIL AND GAS ACCUMULATOR MARKET, BY DEPLOYMENT LOCATION, 2020–2030 ($MILILION)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF OIL AND GAS ACCUMULATOR MARKET FOR OFFSHORE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF OIL AND GAS ACCUMULATOR MARKET FOR ONSHORE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.GLOBAL OIL AND GAS ACCUMULATOR MARKET, BY APPLICATION, 2020–2030 ($MILLION)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF OIL AND GAS ACCUMULATOR MARKET FOR BLOW-OUT PREVENTER, BY COUNTRY, 2020& 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF OIL AND GAS ACCUMULATOR MARKET FOR DRILLING RIGS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF OIL AND GAS ACCUMULATOR MARKET FOR MUD PUMPS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF OIL AND GAS ACCUMULATOR MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.GLOBAL OIL AND GAS ACCUMULATOR MARKET, BY REGION, 2020–2030 ($MILLION)
FIGURE 28.U.S. OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 29.CANADA OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 30.MEXICO OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 31.GERMANY OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 32.UK OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 33.FRANCE OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 34.ITALY OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 35.SPAIN OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 36.REST OF EUROPE OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 37.CHINA OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 38.JAPAN OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 39.INDIA OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 40.AUSTRALIA OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 41.SOUTH KOREA OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 42.REST OF ASIA-PACIFIC OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 43.BRAZIL OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 44.SAUDI ARABIA OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 45.SOUTH AFRICA OIL AND GAS ACCUMULATOR MARKET REVENUE, 2020–2030($MILLION)
FIGURE 46.REST OF LAMEA MARKET REVENUE, 2020–2030($MILLION)
FIGURE 47.MARKET PLAYER POSITIONING, 2020
FIGURE 48.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 49.COMPETITIVE DASHBOARD
FIGURE 50.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 51.EATON CORPORATION PLC (EATON): REVENUE, 2018–2020 ($MILLION)
FIGURE 52.EATON CORPORATION PLC (EATON): REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 53.EATON CORPORATION PLC (EATON): REVENUE SHARE BY REGION, 2020 (%)
FIGURE 54.NOK CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 55.NOK CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 56.PARKER HANNIIN CORP: REVENUE, 2018–2020 ($MILLION)
FIGURE 57.PARKER HANNIFIN CORP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.PARKER HANNIFIN CORP: REVENUE SHARE BY REGION, 2020 (%)

 
 

The global oil and gas accumulator market is expected to exhibit high growth potential. Bladder accumulators possess excellent significant features, such as small inertial with quick response, easy charging, simple installation, compensation for pressure variation, and others, that make them suitable for a wide range of applications. The utilization of bladder accumulators in sectors, such as oil & gas exploration, loading stations & refineries, and others, is the major key market trend in the global market. In addition, the increasing global energy need has accelerated offshore oil production. For instance, according to a report published by the U.S. Energy Information Administration, the organization of petroleum exporting countries (OPEC), crude oil production is expected to rise to an average of 28.7 million barrel per day by 2022. The bladder accumulator being widely used for pressure holding and leakage compensation applications in offshore oil production may lead the oil and gas accumulator market to witness a significant increase in demand.  

Diaphragm accumulators are one of the types of hydro-pneumatic accumulator having a rubber plate or diaphragm as the separating element between the compressible gas cushion and the operating fluid. Diaphragm accumulators possess excellent significant features, such as high gas compression ratios, small size, less maintenance, easy mounting options, and others, that make them suitable for a wide range of applications. The utilization of diaphragm accumulators in sectors, such as mobile equipment, chemical industries, renewable energy, and others, is predicted to offer lucrative growth opportunities in future.

The increasing demand for consumer goods has surged the growth of chemical manufacturing industries where diaphragm accumulators are widely preferred for their small size and large compression ratios. For instance, according to a report published by India Brands Equity Foundation, the Indian chemical industry stood at around $178 billion in 2019 and is expected to reach $304 billion by 2025. This is not only gaining immense attention in the market but also emerging as a key strategy in terms of gaining additional product demand.

 

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A. Increase awareness regarding benefits of ESCOs and government mandates are the key factors driving the Oil & Gas Accumulator market.

A. Blow-out preventor, drilling rigs, and mud pumps sectors are the potential customers of Oil & Gas Accumulator industry.

A. To get latest version of Oil & Gas Accumulator market report can be obtained on demand from the website.

A. The rising use in applications such as blow-out prevention, drilling rigs, mud pumps, and others are the key trends in market.

A. North America and Asia-Pacific will provide more business opportunities for Oil & Gas Accumulator market in future.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. Business expansion and acquisition are the key growth strategies of Oil & Gas Accumulator market players.

A. The market size of Oil & Gas Accumulator market $488.3 million in 2020.

A. The leading players in the market are Accumulators Inc., Airmo Inc., Bosch Rexroth AG, Eaton Corporation PLC (Eaton), HAWE Hydraulik SE, Hydac Verwaltung GmbH (Hydac), Hydroll, Nippon Accumulator Co., Ltd, NOK Corporation, and Parker Hannifin Corp.

A. Blow -out preventer segment based on application holds the maximum market share of the Oil & Gas Accumulator market.

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