Press release
Global Oil and Gas Accumulator Market Forecast To Grow At CAGR Of 3.65% Between 2017-2021
Oil and gas is one of the biggest sectors in the world in terms of revenue generation. The industry includes a majority of the national oil companies that generate billions of dollars, which contributes significantly toward the economic development of any country. Several industries are dependent on the oil and gas sector, which require either the final petroleum product or general oil and gas services. This industry is responsible for providing thousands of jobs, and its success or failure has a huge impact on several industries. An accumulator is a pressure storage reservoir, which stores a specific amount of fluid that is under pressure. This fluid is later released to perform a specific operation in the hydraulic system.
Technavios analysts forecast the global oil and gas accumulator market to grow at a CAGR of 3.65% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global oil and gas accumulator market for 2017-2021. To calculate the market size, the report considers the number of active rig count across the world.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Oil and Gas Accumulator Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bosch Rexroth
Eaton
Freudenberg Sealing Technologies
NIPPON ACCUMULATOR
PARKER HANNIFIN
Other prominent vendors
Airmo
Accumulators
General Electric
HANNON HYDRAULICS
Hydac International
Roth Industries
TECHNETICS
Market driver
Increase in oil rig count
For a full, detailed list, view our report
Market challenge
Uncertainties associated with low crude oil prices
For a full, detailed list, view our report
Market trend
IoT in accumulators
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market ecosystem
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market sizing 2016
Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 08: MARKET SEGMENTATION BY END-USER
Segmentation by end-user
Comparison by end-user
Onshore Market size and forecast 2016-2021
Offshore Market size and forecast 2016-2021
Market opportunity by end-user
PART 09: MARKET SEGMENTATION BY APPLICATION
Segmentation by application
PART 10: REGIONAL LANDSCAPE
Geographical Segmentation
Regional comparison
Americas Market size and forecast 2016-2021
EMEA Market size and forecast 2016-2021
APAC Market size and forecast 2016-2021
Key leading countries
Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 13: MARKET TRENDS
IoT in accumulators
Rise in deep and ultra-deepwater drilling projects
Introduction of laser drilling
PART 14: VENDOR LANDSCAPE
Competitive scenario
PART 15: VENDOR ANALYSIS
Vendors covered
Bosch Rexroth
Eaton
Freudenberg Sealing Technologies
NIPPON ACCUMULATOR
PARKER HANNIFIN
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