[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Oil and Gas Accumulator Market Report by Type (Bladder Accumulator, Piston Accumulator, Diaphragm Accumulator), Deployment Location (Offshore, Onshore), Application (Blow-out Preventor, Drilling Rigs, Mud Pumps), and Region 2024-2032

March 2024 | 141 pages | ID: ODE70B6C933FEN
IMARC Group

US$ 2,999.00

E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global oil and gas accumulator market size reached US$ 581.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 878.9 Million by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032. The increasing exploration and production (E&P) activities across the globe, the implementation of stringent safety and regulatory measures, and the escalating demand for energy efficient solutions represent some of the key factors driving the market.

An oil and gas accumulator is a device used in the oil and gas industry to store hydraulic energy in the form of pressurized fluid. It is a critical component of hydraulic systems in various applications, ranging from drilling operations and well control systems to offshore platforms and production equipment. The primary purpose of an accumulator is to store hydraulic energy under pressure and release it as needed to perform specific functions. It consists of a pressure vessel or cylinder, a piston or bladder separating the hydraulic fluid from a gas or nitrogen charge, and necessary valves and fittings. They help regulate system pressure, dampen pressure fluctuations, and compensate for changes in fluid volume, ensuring stable and consistent performance. Moreover, by storing excess energy and releasing it when required, accumulators enhance the efficiency of hydraulic systems, reduce power consumption and minimize energy waste. Owing to these properties, these accumulators are widely utilized in drilling rigs, offshore platforms, well control systems, production equipment, and other hydraulic applications throughout the oil and gas industry.

Oil and Gas Accumulator Market Trends:
The market is primarily driven by the increasing exploration and production (E&P) activities. Oil and gas accumulators play a crucial role in these operations by providing hydraulic energy storage solutions in wellhead control systems and blowout preventers. In addition, the surging need to comply with safety regulations represents another major growth-inducing factor. Accumulators are utilized in critical safety systems, such as emergency shutdown systems, to ensure the safe and reliable operation of various equipment and processes. Therefore, stringent safety regulations and the focus on preventing accidents and spills are contributing to market growth. Besides this, the market is also propelled by the escalating demand for energy-efficient solutions. Accumulators help optimize energy usage by storing and releasing hydraulic energy as needed, improving the overall efficiency of hydraulic systems. Moreover, technological advancements in the design, materials, and manufacturing processes of oil and gas accumulators have improved their performance and reliability. These advancements result in the replacement of older units and encourage the adoption of newer, more advanced accumulator systems. This, coupled with the increasing investments by governments of numerous countries in power generation, maximizing oil and gas production, and other end use sectors, is positively influencing the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global oil and gas accumulator market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, deployment location, and application.

Type Insights:
Bladder Accumulator
Piston Accumulator
Diaphragm Accumulator

The report has provided a detailed breakup and analysis of the oil and gas accumulator market based on the type. This includes bladder accumulator, piston accumulator, and diaphragm accumulator. According to the report, bladder accumulator represented the largest segment.

Deployment Location Insights:

Offshore
Onshore

A detailed breakup and analysis of the oil and gas accumulator market based on the deployment location has also been provided in the report. This includes offshore and onshore. According to the report, offshore accounted for the largest market share.

Application Insights:

Blow-out Preventor
Drilling Rigs
Mud Pumps

The report has provided a detailed breakup and analysis of the oil and gas accumulator market based on the application. This blow-out preventor, drilling rigs, and mud pumps. According to the report, blow-out preventor represented the largest segment.

Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for oil and gas accumulator. Some of the factors driving the Asia Pacific oil and gas accumulator market included the increasing demand for oil and gas, the rising offshore exploration activities, and the implementation of stringent safety measures.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global oil and gas accumulator market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Accumulator Inc., Airmo Inc., Bosch Rexroth AG (Robert Bosch GmbH), Eaton Corporation PLC, Freudenberg & Co. KG, HAWE Hydraulik SE, Hydac Verwaltung GmbH, Hydroll, Nippon Accumulator Co. Ltd., NOK Corporation, Parker-Hannifin Corporation, Rotec Hydraulics Ltd., Roth Industries LLC (Roth Industries GmbH & Co. KG), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:
How has the global oil and gas accumulator market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global oil and gas accumulator market?
What is the impact of each driver, restraint, and opportunity on the global oil and gas accumulator market?
What are the key regional markets?
Which countries represent the most attractive oil and gas accumulator market?
What is the breakup of the market based on the type?
Which is the most attractive type in the oil and gas accumulator market?
What is the breakup of the market based on the deployment location?
Which is the most attractive deployment location in the oil and gas accumulator market?
What is the breakup of the market based on application?
Which is the most attractive application in the oil and gas accumulator market?
What is the competitive structure of the global oil and gas accumulator market?
Who are the key players/companies in the global oil and gas accumulator market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL OIL AND GAS ACCUMULATOR MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TYPE

6.1 Bladder Accumulator
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Piston Accumulator
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Diaphragm Accumulator
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY DEPLOYMENT LOCATION

7.1 Offshore
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Onshore
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 Blow-out Preventor
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Drilling Rigs
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Mud Pumps
  8.3.1 Market Trends
  8.3.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 DRIVERS, RESTRAINTS, AND OPPORTUNITIES

10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Accumulator Inc.
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 Airmo Inc.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3 Bosch Rexroth AG (Robert Bosch GmbH)
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 SWOT Analysis
  14.3.4 Eaton Corporation PLC
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5 Freudenberg & Co. KG
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
  14.3.6 HAWE Hydraulik SE
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
  14.3.7 Hydac Verwaltung GmbH
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 Hydroll
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
  14.3.9 Nippon Accumulator Co. Ltd.
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 NOK Corporation
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials
  14.3.11 Parker-Hannifin Corporation
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
    14.3.11.3 Financials
    14.3.11.4 SWOT Analysis
  14.3.12 Rotec Hydraulics Ltd
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio
  14.3.13 Roth Industries LLC (Roth Industries GmbH & Co. KG)
    14.3.13.1 Company Overview
    14.3.13.2 Product Portfolio
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

LIST OF TABLES

Table 1: Global: Oil and Gas Accumulator Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Oil and Gas Accumulator Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Oil and Gas Accumulator Market Forecast: Breakup by Deployment Location (in Million US$), 2024-2032
Table 4: Global: Oil and Gas Accumulator Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Oil and Gas Accumulator Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Oil and Gas Accumulator Market: Competitive Structure
Table 7: Global: Oil and Gas Accumulator Market: Key Players

LIST OF FIGURES

Figure 1: Global: Oil and Gas Accumulator Market: Major Drivers and Challenges
Figure 2: Global: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018-2023
Figure 3: Global: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 4: Global: Oil and Gas Accumulator Market: Breakup by Type (in %), 2023
Figure 5: Global: Oil and Gas Accumulator Market: Breakup by Deployment Location (in %), 2023
Figure 6: Global: Oil and Gas Accumulator Market: Breakup by Application (in %), 2023
Figure 7: Global: Oil and Gas Accumulator Market: Breakup by Region (in %), 2023
Figure 8: Global: Oil and Gas Accumulator (Bladder Accumulator) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Oil and Gas Accumulator (Bladder Accumulator) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Oil and Gas Accumulator (Piston Accumulator) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Oil and Gas Accumulator (Piston Accumulator) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Oil and Gas Accumulator (Diaphragm Accumulator) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Oil and Gas Accumulator (Diaphragm Accumulator) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Oil and Gas Accumulator (Offshore) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Oil and Gas Accumulator (Offshore) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Oil and Gas Accumulator (Onshore) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Oil and Gas Accumulator (Onshore) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Oil and Gas Accumulator (Blow-out Preventor) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Oil and Gas Accumulator (Blow-out Preventor) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Oil and Gas Accumulator (Drilling Rigs) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Oil and Gas Accumulator (Drilling Rigs) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Oil and Gas Accumulator (Mud Pumps) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Oil and Gas Accumulator (Mud Pumps) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: North America: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: North America: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: United States: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: United States: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Canada: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Canada: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Asia-Pacific: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Asia-Pacific: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: China: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: China: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Japan: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Japan: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: India: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: India: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: South Korea: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: South Korea: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Australia: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Australia: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Indonesia: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Indonesia: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Others: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Others: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Europe: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Europe: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Germany: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Germany: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: France: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: France: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: United Kingdom: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: United Kingdom: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Italy: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Italy: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Spain: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Spain: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Russia: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Russia: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Others: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Others: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Latin America: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Latin America: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Brazil: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Brazil: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Mexico: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Mexico: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Others: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Others: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Middle East and Africa: Oil and Gas Accumulator Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Middle East and Africa: Oil and Gas Accumulator Market: Breakup by Country (in %), 2023
Figure 72: Middle East and Africa: Oil and Gas Accumulator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Global: Oil and Gas Accumulator Industry: Drivers, Restraints, and Opportunities
Figure 74: Global: Oil and Gas Accumulator Industry: Value Chain Analysis
Figure 75: Global: Oil and Gas Accumulator Industry: Porter's Five Forces Analysis


More Publications