Global automatic lubrication system market is expected to reach USD 1,276.8 Million by 2025 at a CAGR of 5.2% from 2018 to 2025. Increase in various costs, like labor cost, forces the use of automatic lubrication systems. Also, priority on safety of workers mobilises the growth of market
Market Overview:
An automatic lubrication system (ALS), is defined as a self-operating system which delivers appropriate amounts of lubricant to required locations on a machine while it is in process. It is also known as centralised lubricating system which requires a manual pump or button activation to conduct its operation.
Automatic lubrication systems are designed in such a way that they replace manual labor with automated and controlled processes as and when it needs lubrication at different intervals of time. These systems minimizes the risk of lubricant contamination, provide safety to workers and provide better control of the amount of lubricant dispensed.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Automatic Lubrication System Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
The automatic lubrication system market is segmented on the basis of lubrication type, system type and industry
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. Europe region dominated the global automatic lubrication system market with the market value of USD 303.58 Million in 2017 where as the Asia Pacific region held the second dominant position in the market.
Global Automatic Lubrication System Market Competitive Analysis:
Key players in the Automatic Lubrication System market are Graco Inc., Bijur Delimon, Cenlub Systems, SKF, Shaan Lube Equipment Pvt. Ltd., Southern Lubrication (Pvt) Ltd., S.V.A. Rikkon Lubes Private Limited, Pricol Limited, AFMC LUBRICATION PVT LTD, Systematrix Engineering Service, Lubrite Industries, LUBE Corporation, KRS Multilub Pvt. Ltd., BEKAWORLD, Beka-Lube Products Inc., Dropco Multilub Systems Private Limited, Groeneveld Group, and I.L.C. S.r.l..
For instance, in 2018, Klüber Lubrication München SE & Co. KG (Germany) opened a Hydro Lubricants in Germany for automatic lubrication system. These Hydro Lubricants are used in metalworking fluid sector for quenching and cooling.
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Scope
Key Points |
Information |
Evaluate Market Potential |
Growth Rates (CAGR %) Value (USD Million) {Market Size} |
USP of Report |
Industry and Technology Trends Market Evolution Value Chain Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment |
Base Year |
2017 |
Historical Years |
2015-2017 |
Forecast Period |
2018-2025 |
Regional Analysis |
North America, Europe, Asia Pacific, South America, and Middle East and Africa |
Countries Analysis |
U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa |
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global automatic lubrication system market on the basis of below mentioned segments:
Global Automatic Lubrication System Market, By Lubrication Type:
Global Automatic Lubrication System Market, By System Type:
Global Automatic Lubrication System Market, By Industry:
Global Automatic Lubrication System Market, By Regions:
List of Table
List of Figures
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