This report studies the Automatic Lubrication Systems market, an automatic lubrication system (ALS), often referred to as a centralized lubrication system, and is a system that delivers controlled amounts of lubricant to multiple locations on a machine while the machine is operating. Even though these systems are usually fully automated, a system that requires a manual pump or button activation is still identified as a centralized lubrication system.
Scope of the Report:
This report focuses on the Automatic Lubrication Systems in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Automatic or centralized lubrication systems provide precise amounts of lubricants oil or grease to moving parts, notably bearings, to minimize friction and wear. These systems are increasingly seen as mission-critical products aimed at improving the productivity, reliability, energy efficiency, environmental compliance and maintenance of vehicles and industrial machinery. Automatic lubrication systems include pumps, reservoirs, valves, pipes, metering system, connectors and controllers. Tools and equipment include grease guns, reels, meters, pumps and fluid drain systems. Design and installation services are playing a more important role than before.
The market trend is to move from manual solutions to automatic and centralized lubrication systems, this drives market growth above the underlying market growth. Large industrial processing equipment in the cement, mining and mineral processing, steel and paper industries accounts for almost 50% of global demand, while vehicles agricultural, mobile mining and construction, trucks and trailers and industrial machines, such as machine tools and printing machines, each account for around 25% of the market. By region, European markets account for about 32%, North and Latin America together make up about 35%, and Asia and the rest of the world account for 33%.
The global automatic lubrication market was relatively unchanged, with some industries like mining reducing in size. Some encouraging increase like renewable and also in heavy industries. The overall market size in 2016 remained similar at around 654 million worldwide.
The worldwide market for Automatic Lubrication Systems is expected to grow at a CAGR of roughly 3.7% over the next five years, will reach 810 million US$ in 2023, from 680 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Automatic grease lubrication system
Automatic oil lubrication system
Market Segment by Applications, can be divided into
Industrial & Manufacturing Equipments
There are 15 Chapters to deeply display the global Automatic Lubrication Systems market.
Chapter 1, to describe Automatic Lubrication Systems Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Automatic Lubrication Systems, with sales, revenue, and price of Automatic Lubrication Systems, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Automatic Lubrication Systems, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Automatic Lubrication Systems market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Automatic Lubrication Systems sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source