Global Automatic Lubrication Systems Market Growth 2019-2024

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.
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. Industrial & Manufacturing Equipments accounts for almost 46% of global demand, while Transportation/Vehicles and Construction Machinery, Maintenance Market account for around 20 %, 16%, and 16% of the market share separately. By region, European markets account for about 35%, North and Latin America together make up about 33%, and Asia and the rest of the world account for 32%.

According to this study, over the next five years the Automatic Lubrication Systems market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automatic Lubrication Systems business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Lubrication Systems market by product type, application, key manufacturers and key regions and countries.

This study considers the Automatic Lubrication Systems value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Automatic grease lubrication system
Automatic oil lubrication system
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Construction Machinery
Transportation/Vehicles
Industrial & Manufacturing Equipments
Maintenance market

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
SKF
Graco
Timken
BEKA
Andantex
Cenlub Systems
Bijur delimon
Groeneveld Group
Lubecore
Lubrite Industries
Oil-Rite
Pricol

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Automatic Lubrication Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automatic Lubrication Systems market by identifying its various subsegments.
Focuses on the key global Automatic Lubrication Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automatic Lubrication Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automatic Lubrication Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.