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Oil Accumulator Market Share

Report ID: GMI8497
Published Date: Mar 2024
Report Format: PDF

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Oil Accumulator Market Share

Global Company Market Share Analysis, 2023, (%)

In 2023, dominant market players, including Acadian Contractors Inc., Bosch Rexroth, Canton Racing Products, Freudenberg Sealing Technologies, Hydac Technology GmbH collectively held a 10%-15% market share. The market is highly fragmented. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their products and incorporate new technologies, allowing them to stay ahead of the competition.

Oil Accumulator Market Companies

Major players operating in the oil accumulator industry include:

Acadian Contractors Inc.
Bosch Rexroth
Canton Racing Products
Freudenberg Sealing Technologies
Hydac Technology GmbH
Moroso Performance Products
Mueller Co.
Nakamura Koki Co Ltd
Nippon Accumulator Co.
Parker Hannifin Corp.
Roth Hydraulics GmbH
Val-Matic Valve & Mfg. Corp

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of oil accumulator was reached 23 billion in 2023 and is set to expand at over 6.2% CAGR between 2024 and 2032, owing to the rising global demand for energy, particularly in developing economies.

Oil accumulator market from the bladder accumulator segment reached USD 14 billion in 2023 and is estimated to record substantial growth through 2032, owing to their growing demand to separate the gas and hydraulic fluid, allowing for efficient energy storage and release.

Asia Pacific oil accumulator industry generated USD 7 billion in 2023 and is set to exhibit robust growth through 2032, attributed to the rising demand across industrial sectors, such as manufacturing, automotive, construction, and energy in the region.

Some of the top companies engaged in the oil accumulator market are Acadian Contractors Inc., Bosch Rexroth, Canton Racing Products, Freudenberg Sealing Technologies, Hydac Technology GmbH, Moroso Performance Products, Mueller Co., Nakamura Koki Co Ltd, Nippon Accumulator Co., Parker Hannifin Corp., Roth Hydraulics GmbH, and Val-Matic Valve & Mfg. Corp.