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(Transportation-News.com, August 01, 2017 ) Hydraulic Accumulators Market Research Report covers the present scenario and the growth prospects of the Hydraulic Accumulators Industry for 2017-2021.
The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Hydraulic Accumulators globally.
For further information on this report, please visit- http://www.marketreportsworld.com/10359365
The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Hydraulic Accumulators Market:
• Bosch Rexroth
• Eaton
• Freudenberg Sealing Technologies
• Parker Hannifin
Other Prominent Vendors of Hydraulic Accumulators Market Are:
• BUCCMA
• HYDAC
• Linde Hydraulics
• Magma structure
• Ningbo Tianxiang Xinhua Hydraulic
• PMC Hydraulics
• Roth Hydraulics
• Salut Group
• Siping WanRong Accumulator
• STAUFF
• Valcor Engineering
One trend in market is scrapping of older ships. Hydraulic accumulators are used in marine applications. There is demand for new ships as the industry is witnessing the scrapping of older ships. Based on the shipbroker model, in H1 2016, 373 bulkers and general cargo ships were scrapped, representing around 22.5 million tons in deadweight tonnage (DWT). In 2015, around 950 ships, close to 39 million DWT were scrapped, and by the end of 2016, around 800-900 ships amounting to around 40 million tons in DWT were expected to be scrapped.
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According to the report, one driver in market is growing machine tools market. Hydraulic accumulators find applications in machine tools. Advance and retraction speeds, cutting pitch and section, and cutting machine tools with multiple machine units are controlled individually. Due to this, the consumption of oil varies significantly. To prevent the fluctuations in oil requirements, these machine units can be fitted with accumulators 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. The growth of the global machine tools market will directly impact the demand for hydraulic equipment such as gear pumps. The global machine tools market was valued at $93.22 billion in 2016 and is predicted to reach $129.36 billion by 2021, growing at a CAGR of 6.77%.
Report also presents Geographical Segmentation analysis of Hydraulic Accumulators Market of Americas, APAC, EMEA region.
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Further, the report states that one challenge in market is growing demand for EMALS. Amphibious ships have flight decks, hangars, and carriers for operating helicopters. Such ships require hydraulic accumulators to lift the aircraft or helicopters to the deck for performing any operations. In 2016, there were 36 such ships globally, out of which the US Navy accounted for around 19 ships. The US Navy is expected to commission a new aircraft carrier worth $13 billion by April 2017; the USS Gerald R. Ford warship is the most expensive and most advanced warship that has ever been built. This ship has been designed with technical innovations to improve the efficiency and reduce the operating cost. This ship is outfitted with an electromagnetic aircraft launch system (EMALS), which is lighter in weight and consumes less space than a hydraulic accumulator. This system also requires less manpower and maintenance. This system is 25% faster than hydraulic accumulators and is capable of launching aircraft every 45 seconds. Similarly, the US is planning to commission another aircraft carrier, John F. Kennedy, by 2020.
Key questions answered in Hydraulic Accumulators market report:
• What will the Hydraulic Accumulators market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving Hydraulic Accumulators market?
• What are the challenges to Hydraulic Accumulators market growth?
• Who are the key vendors in Hydraulic Accumulators market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
No of Pages: 70
Price of Report: $ 3500 (Single User License)
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