Global Oil and Gas Accumulator Market 2017-2021: Analysis By End User & Application – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Global
Oil and Gas Accumulator Market 2017-2021" report has been added
to Research and Markets' offering.
The analysts forecast the global oil and gas accumulator market to grow
at a CAGR of 3.65% during the period 2017-2021.
The 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.
According to the report, one of the major drivers for this market is the
increase in oil rig count. During 2014, when the crude oil price was
trading over $110/bbl, the global rig count was at its peak. Several
exploration and drilling projects were being executed; some in the
initial stages of production, and other new ones in the planning stage.
For instance, in 2014, Shell announced its initiation of production from
the second Mars platform in the deepwater Gulf of Mexico. The production
was through Olympus, which is the company's seventh and largest floating
deep-water platform in the Gulf of Mexico.
However, this was soon offset by the continuous decline in the oil
price. The decline in crude oil price reduced the companies' profit
margins. This, in turn, had a severe impact on the cash flow of the
organizations. As a result, new drilling and production projects were
put on hold till the oil prices stabilized. Several deep and
ultra-deepwater projects that were estimated to be worth over hundreds
of billion dollars were called off across the world.
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
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation By End-User
Part 09: Market Segmentation By Application
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/8wb42d/global_oil_and
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Related
Topics: Gas
