The construction sector by Application held the highest revenue share in the India Accumulator Market -6Wresearch
In 2024, the construction sector held the highest share in India accumulator market due to the extensive use of hydraulic systems in heavy equipment like excavators, loaders, and cranes. The sector’s dominance was supported by large-scale infrastructure development under government programs such as Bharatmala and Smart Cities.
According to 6Wresearch, the India Accumulator Market size is projected to grow at a CAGR of 12.7% during 2025E-2031F. India accumulator market is poised for substantial growth, supported by robust infrastructure investments and expansion across key industrial sectors. In the Union Budget 2025–26, the capital investment outlay for infrastructure was raised, which is equivalent to some part of the national GDP. The establishment of the Infrastructure Finance Secretariat and initiatives like the Second Asset Monetization Plan, which targets in reinvestment over 2025–2030, are expected to catalyse private sector participation and accelerate the development of roads, airports, industrial parks, and energy infrastructure.
The expansion of sectors such as construction, mining, and steel production is further enhancing demand for efficient energy storage and hydraulic systems, where accumulators play a critical role. India’s mining GDP grew year-on-year in Q3 FY24, while the number of reporting mines increased, indicating a strong growth trajectory in extractive industries. Similarly, coal production increased in January 2025, and steel output from April to December 2024 reached a high, including crude steel and finished steel.
According to Sumit, Senior Research Analyst at 6Wresearch, the bladder accumulator held the highest share in India accumulator market due to its cost-effectiveness and superior performance in mobile and industrial hydraulic systems. Additionally, its compatibility with fluctuating pressure conditions and strong OEM preference contributed to its broad adoption.
The India Accumulator Market (2025-2031) report provides an in-depth analysis with 16 figures and 3 tables, covered in 73 pages. The report thoroughly covers the market by type, and application India Accumulator Market outlook report provides an unbiased and detailed analysis of the ongoing India Accumulator Market trends, opportunities/high growth areas and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305