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.
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.
In 2019, the market size of Automatic/Centralized Lubrication Systems is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automatic/Centralized Lubrication Systems.
This report studies the global market size of Automatic/Centralized Lubrication Systems, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Automatic/Centralized Lubrication Systems production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
SKF
Graco
Timken
BEKA
Andantex
Cenlub Systems
Bijur delimon
Groeneveld Group
Lubecore
Lubrite Industries
Oil-Rite
Pricol
Market Segment by Product Type
Automatic Grease Lubrication System
Automatic Oil Lubrication System
Market Segment by Application
Construction Machinery
Transportation/Vehicles
Industrial & Manufacturing Equipments
Maintenance Market
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Automatic/Centralized Lubrication Systems status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Automatic/Centralized Lubrication Systems manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Automatic/Centralized Lubrication Systems are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Automatic/Centralized Lubrication Systems. Industry analysis & Market Report on Automatic/Centralized Lubrication Systems is a syndicated market report, published as Global (United States, European Union and China) Automatic/Centralized Lubrication Systems Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Automatic/Centralized Lubrication Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.