Oil and Gas Accumulator Market to Grow at a CAGR of +19% During Forecast Period
Accumulators are the energy storage devices that accumulate the potential energy. These devices find their applications in leakage compensation, shock or pulsation dampening, energy conservation, thermal expansion, and noise reduction. The commonly available types of these devices are spring type, piston type, and diaphragms. These devices are used for both offshore and onshore oil and gas applications. Owing to the efficiency offered by them, the market for oil and gas accumulators is likely to witness a tremendous growth in the...
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