Automobile Liquid Accumulator Market, By Product Type (Portable Automobile Liquid Accumulators, Stationary Automobile Liquid Accumulators), By End User (Hospitals and clinics, Fitness centers and gyms, Homecare settings, Other healthcare facilities), By Distribution channel (Online retailers, Offline retailers, Direct sales), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
The accumulator performs many tasks in the air conditioning system, including maintaining pressure, storing and recapture energy, reducing pressure peaks, powering chassis suspensions, and dampening shock, vibration and pulsations. Accumulators also reduce pump power consumption and extend the life of pumps, pipes and other components. An accumulator can be designed with top or side inlets and bottom or side outlets without significantly affecting its performance. The invention also discloses a method for determining the state of an accumulator by measuring the rate of vapor bubble formation and expansion. The invention can be used in systems where thermal expansion could create excessive pressure, or as barriers between different circuits, such as a system in which the compressor uses hydraulic fluid to maintain a high pressure while the rest of the circuit utilizes water or other incompatible liquid.
Market Dynamics:
The automobile liquid accumulator market is witnessing a significant growth in the market due to increasing demand for automobiles worldwide and rising trend of electric vehicles. This is mainly due to the increased use of accumulators in passenger cars, light commercial vehicles, and heavy commercial vehicles. Moreover, growing demand for automobiles due to the rising population and improving economic conditions are further projected to augment the global automobile liquid accumulator market growth.
On the other hand, negative impact of the covid-19 on the global economy has hampered the market growth.
Key features of the study:
This report provides in-depth analysis of the global automobile liquid accumulator market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global automobile liquid accumulator market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Bosch Rexroth AG, Parker Hannifin Corporation, HYDAC International GmbH, Eaton Corporation, WABCO Holdings Inc., NOK Corporation, Freudenberg Sealing Technologies, Continental AG, Denso Corporation, Magneti Marelli S.p.A. (now part of Calsonic Kansei Corporation), ZF Friedrichshafen AG, Schrader International Inc. (part of Sensata Technologies), Rheinmetall Automotive AG, Aisin Seiki Co., Ltd., and HELLA GmbH & Co. KGaA
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global automobile liquid accumulator market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automobile liquid accumulator market
Detailed Segmentation:
Global Automobile Liquid Accumulator Market, By Type
Hydraulic Accumulator
Refrigerant Accumulator
Fuel Accumulator
Global Automobile Liquid Accumulator Market, By Material
Steel Accumulator
Aluminum Accumulator
Composite Accumulator
Global Automobile Liquid Accumulator Market, By Capacity
Small Accumulator
Medium Accumulator
Large Accumulator
Global Automobile Liquid Accumulator Market, By Vehicle Type
Passenger Cars
Commercial Vehicles (Trucks, Buses, Vans, etc.)
Electric Vehicles
Off-road Vehicles (Construction Equipment, Agricultural Machinery, etc.)
Global Automobile Liquid Accumulator Market, By Application
Suspension System
Brake System
Air Conditioning System
Fuel Delivery System
Others (Power Steering System, Transmission System, etc.)
Global Automobile Liquid Accumulator Market, By Sales Channel
OEM (Original Equipment Manufacturer)
Aftermarket
Global Automobile Liquid Accumulator Market, By Geography
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific)
Latin America (Brazil, Mexico, Rest of Latin America)
Middle East and Africa (GCC countries, South Africa, Rest of Middle East & Africa)
Company Profiles:
Bosch Rexroth AG
Parker Hannifin Corporation
HYDAC International GmbH
Eaton Corporation
WABCO Holdings Inc.
NOK Corporation
Freudenberg Sealing Technologies
Continental AG
Denso Corporation
Magneti Marelli S.p.A. (now part of Calsonic Kansei Corporation)
ZF Friedrichshafen AG
Schrader International Inc. (part of Sensata Technologies)
Rheinmetall Automotive AG
Aisin Seiki Co., Ltd.
HELLA GmbH & Co. KGaA