Diaphragm Accumulator Market - Forecasts from 2023 to 2028

The global diaphragm accumulator market was valued at US$87.699 million in 2021.

A diaphragm accumulator is a type of hydraulic device used to store and release hydraulic energy in a system, and it consists of a cylindrical body with a flexible diaphragm separating the hydraulic fluid and gas chambers within it. Different diaphragm accumulators include welded, threaded diaphragm accumulators and lightweight diaphragm accumulators. A diaphragm accumulator is used in mobile equipment, energy storage, and shock-damping applications in industrial, construction, and agriculture due to their compact size, high energy storage capacity, and ability to absorb shocks, ensuring smooth and efficient hydraulic operations. The rising agricultural activities and increase in industrial productivity are anticipated to drive the diaphragm accumulator’s demand, thereby bolstering their market growth.

The rising agricultural activities are expected to boost market growth.

The agriculture sector heavily relies on hydraulic systems for various operations, such as tractor attachments, harvesting equipment, irrigation systems, and crop processing machinery. In agricultural machinery, the diaphragm accumulator help maintains a consistent pressure and flow rate, even during peak demands. They store energy during low-demand periods and release it when required, providing instant power for hydraulic functions such as lifting heavy loads, operating machinery, or adjusting attachments. The agricultural sector often operates in demanding environments where shocks and vibrations are common, such as rough terrains or uneven surfaces. Diaphragm accumulators excel in shock-damping applications, absorbing sudden impacts and minimizing vibrations, which helps protect the machinery and improves overall operational safety. The growth in agricultural activities is expected to boost the demand for diaphragm accumulators, acting as a driving factor for market growth. According to the European Agricultural Machinery Association (CEMA), in 2022, nearly 2,30,000 tractors were registered in Europe, out of which 180,000 were agricultural tractors, an increase of 17% from the previous year. According to the Ministry of Statistics & Programme, Implementation’s “First Advance Estimate report for 2023”, total foodgrain production in India is estimated at 149.92 million tonnes.

Growing industrial production is accelerating the diaphragm accumulator demand.

Diaphragm accumulator help to optimize the performance of hydraulic machinery and equipment, leading to enhanced productivity, improved efficiency, and cost-effectiveness. In the automotive and aerospace sectors, diaphragm accumulator is used in suspension and braking systems. In contrast, they find applicability in the oil and gas sector in hydraulic power units and drilling operations, thereby contributing to safety, performance, and operational efficiency. Heavy machinery such as excavators, loaders, and cranes in the construction industry uses diaphragm accumulators for hydraulic systems to handle heavy loads and provide precise control. Favorable investment inflows and collaborations coupled with high end-user demand have boosted the overall industrial output in countries. According to the National Bureau of Statistics (NBS), in 2023, value-added industrial output in China went up to 3.9 percent in March 2023, up 0.3 percentage points from the level in the fourth quarter of 2022.

The Asia Pacific region is expected to hold a significant market share over the forecast period.

The Asia Pacific region is expected to dominate the market due to the rapid industrial expansion in countries like China and India, coupled with growth in the agricultural sector. In 2021, the General Secretary of the Chinese Communist Party (CCP) emphasized investments in high-tech innovations that will advance China’s agricultural capabilities. It aimed to meet 60% of its demand for large tractors above 200 horsepower and harvesters. Also, per the Union, Budget 2022 - 23 of India, the income tax rate for new cooperative societies engaged in Industrial activities has been lowered from 22% to 15%. Such positive developments will boost the demand for diaphragm accumulators, accelerating regional growth.

Product Offerings:

• Diaphragm accumulators-Type RAD: This product by Reasontek Corporation can handle pressure up to 3,600 psi and gas compression ratios of up to 8:1 and is ideal for surge pulsation control.
• Roth diaphragm accumulators: Such products by Roth Hydraulics GmbH with a maximum operating pressure of up to 350 bar have a flexible membrane that separates the gas and liquid chambers.
• Diaphragm accumulator Type AC: The product made by HAWE Hydraulik SE has operating pressures of up to 500 bar and is particularly suitable for usage in clamping hydraulics and accumulator charging systems.

Market Segmentation:

By Type

• Welded Diaphragm Accumulator
• Threaded Diaphragm Accumulator
• Lightweight Diaphragm Accumulator

By Storage Capacity

• Below 1 Liter
• 2 -3 Liter
• Above 3 Liter

By Application

• Mobile Equipment
• Energy Storage
• Shock Dampening
• Others

By End-User

• Manufacturing
• Building and Construction
• Agriculture
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• UK
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• Japan
• South Korea
• India
• Australia
• Others