Oil Accumulator Market by Type, Pressure Rating, Onshore vs Offshore, Application, and Region - Global Forecast to 2023

  • ID: 4585568
  • Report
  • Region: Global
  • 125 Pages
  • Markets and Markets
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Oil Accumulator Market Projected to Grow from an Estimated USD 488.5 Million in 2018 to USD 617.1 Million by 2023, at a CAGR of 4.78%

FEATURED COMPANIES

  • Accumulators
  • Eaton
  • Hannon Hydraulics
  • Hydroll
  • Parker Hannifin
  • Roth Hydraulics
  • MORE

"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 oil accumulator market is projected to grow at a CAGR of 4.78%, from 2018 to 2023."

The oil accumulator market is projected to grow from an estimated USD 488.5 million in 2018 to USD 617.1 million by 2023, at a CAGR of 4.78%, from 2018 to 2023. Digital revolution in the oil & gas industry and increased shale gas exploration & production activities are driving the market for oil accumulators across the world. Transition to renewable source of energy is likely to be a restraint for this market.

"The blow out preventer & well head control is expected to hold the largest share of the oil accumulator market, by application, during the forecast period."

The blow out preventer & well head control segment is expected to hold the largest share of the oil accumulator market, during the forecast period. This can be attributed to the increasing investments in the oil & gas industry in the developing countries of Asia Pacific and Middle East & Africa. The use of accumulators in industries, such as oil & gas, is increasing as the demand for oil is increased globally.

"North America: Key market for oil accumulator."

North America is the fastest growing market for oil accumulators, followed by Asia Pacific and Europe. Increasing investment in the oil & gas sector and increased exploration and production activities in the countries such as the US are likely to boost the demand for oil accumulators. Furthermore, the subsequent increase in oil rigs create a growth opportunity for the oil accumulator market in the region.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:

  • By Company Type: Tier 1 - 60%, Tier 2 - 25%, and Tier 3 - 15%
  • By Designation: C-Level - 40%, D-Level - 35%, and Others - 25%
  • By Region: North America - 35%, Europe - 20%, Asia Pacific - 18%, Middle East - 17%, and Africa - 10%.

Note: The tier of the companies has been defined based on their total revenue; as of 2016: Tier 1 = >USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 = < USD 1 billion.

The leading players in the oil accumulator market are Hydac (Germany), Parker Hannifin (US), Eaton (Ireland), Freudenberg (Germany), Bosch Rexroth (Germany), and Nippon Accumulator (Japan).

Research Coverage:

The report provides a picture of the oil accumulator market across the oil & gas industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as type, stage, end-user, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

In this report, the market has been segmented on the basis of type, pressure ratings, onshore vs offshore, application, and region, with a focus on industry analysis (industry trends), market ranking analysis of the top players, supply chain analysis, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the oil accumulator market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the oil accumulator market
  • Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the markets for oil accumulator across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global oil accumulator market

Why Buy this Report?

1. The report identifies and addresses key markets for the implementation of oil accumulator products in various industries, which would help manufacturers review the growth in demand.

2. The report would help solutions providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.

3. The report would help key players understand the strategies of their competitors better and will help in making strategic decisions.

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FEATURED COMPANIES

  • Accumulators
  • Eaton
  • Hannon Hydraulics
  • Hydroll
  • Parker Hannifin
  • Roth Hydraulics
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Market Scope
           1.3.1 Market Segmentation
           1.3.2 Regional Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitation
    1.7 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Data From Primary Sources
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in the Oil Accumulator Market, 2018-2023
    4.2 Oil Accumulator Market, By Region, 2017
    4.3 Oil Accumulator Market, By Application, 2018 - 2023
    4.4 Oil Accumulator Market, By Type, 2018 - 2023
    4.5 Oil Accumulator Market, By Pressure Rating, 2017

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Digital Revolution in the Oil & Gas Industry
                    5.2.1.2 Shale Gas Exploration Boom in the US:
           5.2.2 Restraints
                    5.2.2.1 Transition to Renewable Sources of Energy:
           5.2.3 Opportunities
                    5.2.3.1 Offshore Discoveries
           5.2.4 Challenges
                    5.2.4.1 Oversupply of Oil

6 Oil Accumulator Market, By Type
    6.1 Introduction
    6.2 Bladder
    6.3 Piston
    6.4 Diaphragm

7 Oil Accumulator Market, By Pressure Rating
    7.1 Introduction
    7.2 Above 6,000 Psi
    7.3 Up to 6,000 Psi

8 Oil Accumulator Market, By Onshore vs Offshore
    8.1 Introduction
    8.2 Onshore
    8.3 Offshore

9 Oil Accumulator Market, By Application
    9.1 Introduction
    9.2 Bop & Wellhead Control
    9.3 Offshore Rig
    9.4 Mud Pumps

10 Oil Accumulator Market, By Region
     10.1 Introduction
     10.2 Asia Pacific
             10.2.1 By Type
             10.2.2 By Application
             10.2.3 By Pressure Rating
             10.2.4 By Onshore
             10.2.5 By Offshore
             10.2.6 By Country
                        10.2.6.1 China
                        10.2.6.2 India
                        10.2.6.3 Malaysia
                        10.2.6.4 Australia
                        10.2.6.5 Indonesia
                        10.2.6.6 Rest of Asia Pacific
     10.3 North America
             10.3.1 By Type
             10.3.2 By Application
             10.3.3 By Pressure Rating
             10.3.4 By Onshore
             10.3.5 By Offshore
             10.3.6 By Country
                        10.3.6.1 US
                        10.3.6.2 Canada
                        10.3.6.3 Mexico
     10.4 Europe
             10.4.1 By Type
             10.4.2 By Application
             10.4.3 By Pressure Rating
             10.4.4 By Onshore
             10.4.5 By Offshore
             10.4.6 By Country
                        10.4.6.1 Norway
                        10.4.6.2 UK
                        10.4.6.3 Rest of Europe
     10.5 South America
             10.5.1 By Type
             10.5.2 By Application
             10.5.3 By Pressure Rating
             10.5.4 By Onshore
             10.5.5 By Offshore
             10.5.6 By Country
                        10.5.6.1 Brazil
                        10.5.6.2 Argentina
                        10.5.6.3 Venezuela
                        10.5.6.4 Rest of South America
     10.6 Middle East
             10.6.1 By Type
             10.6.2 By Application
             10.6.3 By Pressure Rating
             10.6.4 By Onshore
             10.6.5 By Offshore
             10.6.6 By Country
                        10.6.6.1 Saudi Arabia
                        10.6.6.2 Oman
                        10.6.6.3 UAE
                        10.6.6.4 Kuwait
                        10.6.6.5 Rest of the Middle East
     10.7 Africa
             10.7.1 By Type
             10.7.2 By Application
             10.7.3 By Pressure Rating
             10.7.4 By Onshore
             10.7.5 By Offshore
             10.7.6 By Country
                        10.7.6.1 Nigeria
                        10.7.6.2 Angola
                        10.7.6.3 Egypt
                        10.7.6.4 Algeria
                        10.7.6.5 Rest of Africa

11 Competitive Landscape
     11.1 Overview
     11.2 Ranking of Players and Industry Concentration, 2017
     11.3 Competitive Scenario
             11.3.1 New Product Launches
             11.3.2 Investments & Expansions
             11.3.3 Mergers & Acquisitions
             11.3.4 Contracts & Agreements
             11.3.5 Others

12 Company Profile
     12.1 Benchmarking
(Business Overview, Products Offered, Recent Developments, View)*
     12.2 Eaton
     12.3 Parker Hannifin
     12.4 Bosch
     12.5 Hydac
     12.6 Freudenberg
     12.7 Nippon Accumulators
     12.8 Technetics Group
     12.9 Hannon Hydraulics
     12.10 Rotec Hydraulics
     12.11 Roth Hydraulics
     12.12 Accumulators
     12.13 Hydroll

*Details on Business Overview, Products Offered, Recent Developments, View Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 Oil Accumulator Market Snapshot
Table 2 Shale Reserves, By Key Country, 2016
Table 3 Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 4 Bladder Accumulator Market Size, By Region, 2016-2023 (USD Million)
Table 5 Piston Accumulator Market Size, By Region, 2016-2023 (USD Million)
Table 6 Diaphragm Accumulator Market Size, By Region, 2016-2023 (USD Million)
Table 7 Oil Accumulator Market Size, By Pressure Rating, 2016-2023 (USD Million)
Table 8 Above 6,000 Psi: Oil Accumulator Market Size, By Region, 2016-2023 (USD Million)
Table 9 Up to 6,000 Psi: Oil Accumulator Market Size, By Region, 2016-2023 (USD Million)
Table 10 Oil Accumulator Market Size, By Onshore and Offshore, 2016-2023 (USD Million)
Table 11 Onshore Up to 6,000 Psi: Oil Accumulator Market Size, By Region, 2016-2023 (USD Million)
Table 12 Onshore Above 6,000 Psi: Oil Accumulator Market Size, By Region, 2016-2023 (USD Million)
Table 13 Offshore Up to 6,000 Psi: Oil Accumulator Market Size, By Region, 2016-2023 (USD Million)
Table 14 Offshore Above 6,000 Psi: Oil Accumulator Market Size, By Region, 2016-2023 (USD Million)
Table 15 Oil Accumulator Market Size, By Application, 2016-2023 (USD Million)
Table 16 Bop & Wellhead Control Market Size, By Region, 2016-2023 (USD Million)
Table 17 Offshore Rig Market Size, By Region, 2016-2023 (USD Million)
Table 18 Mud Pumps Market Size, By Region, 2016-2023 (USD Million)
Table 19 Oil Accumulator Market Size, By Region, 2016-2023 (USD Million)
Table 20 Asia Pacific: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 21 Asia Pacific: Oil Accumulator Market Size, By Application, 2016-2023 (USD Million)
Table 22 Asia Pacific: Oil Accumulator Market Size, By Pressure Rating, 2016-2023 (USD Million)
Table 23 Asia Pacific: Oil Accumulator Market Size, By Onshore, 2016-2023 (USD Million)
Table 24 Asia Pacific: Oil Accumulator Market Size, By Offshore, 2016-2023 (USD Million)
Table 25 Asia Pacific: Oil Accumulator Market Size, By Country, 2016-2023 (USD Million)
Table 26 China: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 27 India: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 28 Malaysia: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 29 Australia: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 30 Indonesia: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 31 Rest of Asia Pacific: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 32 North America: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 33 North America: Oil Accumulator Market Size, By Application, 2016-2023 (USD Million)
Table 34 North America: Oil Accumulator Market Size, By Pressure Rating, 2016-2023 (USD Million)
Table 35 North America: Oil Accumulator Market Size, By Onshore, 2016-2023 (USD Million)
Table 36 North America: Oil Accumulator Market Size, By Offshore, 2016-2023 (USD Million)
Table 37 North America: Oil Accumulator Market Size, By Country, 2016-2023 (USD Million)
Table 38 US: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 39 Canada: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 40 Mexico: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 41 Europe: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 42 Europe: Oil Accumulator Market Size, By Application, 2016-2023 (USD Million)
Table 43 Europe: Oil Accumulator Market Size, By Pressure Rating, 2016-2023 (USD Million)
Table 44 Europe: Oil Accumulator Market Size, By Onshore, 2016-2023 (USD Million)
Table 45 Europe: Oil Accumulator Market Size, By Offshore, 2016-2023 (USD Million)
Table 46 Europe: Oil Accumulator Market Size, By Country, 2016-2023 (USD Million)
Table 47 Norway: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 48 UK: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 49 Rest of Europe: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 50 South America: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 51 South America: Oil Accumulator Market Size, By Application, 2016-2023 (USD Million)
Table 52 South America: Oil Accumulator Market Size, By Pressure Rating, 2016-2023 (USD Million)
Table 53 South America: Oil Accumulator Market Size, By Onshore, 2016-2023 (USD Million)
Table 54 South America: Oil Accumulator Market Size, By Offshore, 2016-2023 (USD Million)
Table 55 South America: Oil Accumulator Market Size, By Country, 2016-2023 (USD Million)
Table 56 Brazil: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 57 Argentina: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 58 Venezuela: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 59 Rest of South America: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 60 Middle East: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 61 Middle East: Oil Accumulator Market Size, By Application, 2016-2023 (USD Million)
Table 62 Middle East: Oil Accumulator Market Size, By Pressure Rating, 2016-2023 (USD Million)
Table 63 Middle East: Oil Accumulator Market Size, By Onshore, 2016-2023 (USD Million)
Table 64 Middle East: Oil Accumulator Market Size, By Offshore, 2016-2023 (USD Million)
Table 65 Middle East: Oil Accumulator Market Size, By Country, 2016-2023 (USD Million)
Table 66 Saudi Arabia: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 67 Oman: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 68 UAE: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 69 Kuwait: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 70 Rest of the Middle East: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 71 Africa: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 72 Africa: Oil Accumulator Market Size, By Application, 2016-2023 (USD Million)
Table 73 Africa: Oil Accumulator Market Size, By Pressure Rating, 2016-2023 (USD Million)
Table 74 Africa: Oil Accumulator Market Size, By Onshore, 2016-2023 (USD Million)
Table 75 Africa: Oil Accumulator Market Size, By Offshore, 2016-2023 (USD Million)
Table 76 Africa: Oil Accumulator Market Size, By Country, 2016-2023 (USD Million)
Table 77 Nigeria: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 78 Angola: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 79 Egypt: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 80 Algeria: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 81 Rest of Africa: Oil Accumulator Market Size, By Type, 2016-2023 (USD Million)
Table 82 Hydac Was the Most Active Players in the Market Between 2014 and 2018

List of Figures
Figure 1 Research Design
Figure 2 Breakdown of Primaries: By Company Type, Designation, and Region
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Assumptions of the Research Study
Figure 7 The North American Market Dominated the Oil Accumulator Market in 2017
Figure 8 The Bop & Wellhead Control Segment to Lead the Oil Accumulator Market, By Application, During the Forecast Period
Figure 9 Bladder Accumulator to Dominate the Oil Accumulator Market, By Type, During the Forecast Period
Figure 10 Up to 6,000 Psi to Lead the Oil Accumulator Market, By Pressure Rating, During the Forecast Period
Figure 11 Digital Revolution in Oil & Gas is Expected to Drive the Oil Accumulator Market During the Forecast Period
Figure 12 North America and Asia Pacific Were the Largest Markets in 2017
Figure 13 The Bop & Wellhead Control Segment to Account for the Largest Market Size During the Forecast Period
Figure 14 The Bladder Segment to Lead the Oil Accumulator Market During the Forecast Period
Figure 15 US Were the Largest Oil Accumulator Market in North America, 2017
Figure 16 Digital Revolution Driving the Demand for Oil Accumulator Market
Figure 17 Shale Production (2007-2017)
Figure 18 Oil Accumulator Market Share, By Type, 2017
Figure 19 Up to 6,000 Psi Segment Dominated the Oil Accumulator Market, By Pressure Rating, 2017
Figure 20 The Onshore Segment to Account for the Larger Market Share in 2018
Figure 21 Oil Accumulator Market Share, By Application, 2017
Figure 22 Regional Snapshot: the Market in North America is Expected to Register the Highest CAGR During the Forecast Period
Figure 23 Oil Accumulator Market Share (Value), By Region, 2017
Figure 24 Asia Pacific: Market Snapshot
Figure 25 North America: Market Snapshot
Figure 26 Key Developments in the Oil Accumulator Market, 2014-2018
Figure 27 Hydac Led the Oil Accumulator Market in 2017
Figure 28 Eaton: Company Snapshot
Figure 29 Parker Hannifin: Company Snapshot
Figure 30 Bosch: Company Snapshot
Figure 31 Freudenberg: Company Snapshot

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  • Accumulators
  • Bosch
  • Eaton
  • Freudenberg
  • Hannon Hydraulics
  • Hydac
  • Hydroll
  • Nippon Accumulators
  • Parker Hannifin
  • Rotec Hydraulics
  • Roth Hydraulics
  • Technetics Group
Note: Product cover images may vary from those shown
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