Global Piston Hydraulic Accumulators Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Piston Hydraulic Accumulators Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The piston accumulator is a high-pressure piston accumulator and relates to the technical field of hydraulic auxiliary components, which solves the technical problem of increasing the service life and the pressure of use. The accumulator includes a cylinder, a piston installed in the cylinder, and an oil side connecting flange and a gas side connecting flange respectively fixed at both ends of the cylinder; the oil side connecting flange is provided with an oil hole; The gas side connecting flange is provided with an inflation nozzle, and the piston is provided with a ring guiding groove, a ring oil storage groove, a ring sealing groove, a ring gas storage groove and a ring guiding groove in the axial direction. And a guiding belt is disposed in the two guiding belt grooves, and a combined sealing member is arranged in the sealing groove; a check valve is arranged at each end of the piston, and an inlet of the one-way valve communicates with the piston cylinder surface An oil storage tank, the outlet of the one-way valve is connected to the oil chamber, and the inlet of the other one-way valve is connected to the gas storage tank of the piston cylinder surface, and the outlet of the one-way valve is connected to the air chamber. An increase of liquid volume decreases the gas volume and increases gas pressure, which provides a work potential when the liquid is allowed to discharge.

Market Overview:

The latest research study on the global Piston Hydraulic Accumulators market finds that the global Piston Hydraulic Accumulators market reached a value of USD 159.36 million in 2022. It’s expected that the market will achieve USD 185.9 million by 2028, exhibiting a CAGR of 2.6% during the forecast period.

Drivers

North America, Europe, China, India, South America, Middle East and Africa
One of the primary drivers for this market is the exponential rise of the machine tools market. Piston Hydraulic accumulators find some crucial applications in machine tools. One of such imperative application is to prevent the fluctuations in oil requirements, as these machine units can be fitted with an accumulator to guarantee high starting speed as the oil columns have low inertia when compared with the complete pumping system. They facilitate accuracy and allow maximum precision during machine tool operations. Due to this advantage, the piston hydraulic accumulators are used in several industries like the automotive, aerospace and defense, telecommunications, industrial machinery, and chemical industries. This rising demand for piston hydraulic equipment will directly impact the global hydraulic accumulator market during the forecast period.
In developed market, they have more international companies, good channels, highly market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for Piston Hydraulic Accumulators.

Opportunities

Improve performance
With the progress in science and technology, more advanced production methods, investment of companies, there will be more cost effective, high performance product in the future.
For example, China, India are developing their industries, with the progress of economy and technology, rise in demand for Including chemical, military, mining, track equipment, cars, machine tools, agriculture, oil and gas, marine equipment, metallurgy, renewable energy across the developing economies offers profitable opportunities for the expansion of the market.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

HYDAC is one of the major players operating in the Piston Hydraulic Accumulators market, holding a share of 13.69% in 2023.

HYDAC

HYDAC INTERNATIONAL GmbH manufactures and sells hydraulic accessories for industrial and mobile hydraulics markets worldwide. The company offers filtration and fluid conditioning products, hydraulic accumulators, valves, manifolds and housings, heat exchangers/coolers, cooling systems, pumps, bell housings and accessories, sensors, control technology products, solenoid technique products, fittings/ball valves, mounting technology products, pipe connections, couplings for fluids, power units, high pressure hydraulics, mobile hydraulics, mobile valves, remote control products, and cylinders; and measurement, display, and analysis tools.

Eaton

Eaton Corporation develops products and systems for managing electrical, hydraulic, and mechanical power. It offers aerospace actuators and motion control; wiring devices and connectivity; vehicle control, automation, and power management; server racks, enclosures, and airflow management; safety, security, and emergency communications; process safety, automation, and measurement; low voltage and medium voltage power distribution and control and so on.

Segmentation Overview:

As for product types, the Maximum Pressure: 220 Bar segment held the largest market share in 2022.

Application Overview:

By application, the Construction segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Piston Hydraulic Accumulators market covered in Chapter 3:

Eaton
Accumulators, Inc.
Milwaukee Cylinder
Nippon Accumulator
Roth Hydraulics
Kocsis Technologies
Hydroll (Etola Group)
Hannon Hydraulics
Royal IHC
Rexroth
ETNA Industrie
HYDAC
HAWE Hydraulik
Tobul Accumulator
Parker Hannifin

In Chapter 4 and Chapter 14.2, on the basis of types, the Piston Hydraulic Accumulators market from 2018 to 2029 is primarily split into:

Maximum Pressure: 220 Bar
Maximum Pressure: 350 Bar
Maximum Pressure: 1000 Bar
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Piston Hydraulic Accumulators market from 2018 to 2029 covers:

Automotive
Construction
Machine Tools
Agriculture

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)