Global Automatic Lubrication Systems Market 2018, Forecast to 2023 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.
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Market Segment by Manufacturers, this report covers
Market Segment by Type, covers
Automatic grease lubrication system
Automatic oil lubrication system
Market Segment by Applications, can be divided into
Industrial & Manufacturing Equipments
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.
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There are 15 Chapters to deeply display the global Automatic Lubrication Systems market.
1 Market Overview
2 Manufacturers Profiles
3 Global Automatic Lubrication Systems Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Automatic Lubrication Systems Market Analysis by Regions(2013-2018)
5 North America Automatic Lubrication Systems by Countries
6 Europe Automatic Lubrication Systems by Countries
7 Asia-Pacific Automatic Lubrication Systems by Countries
8 South America Automatic Lubrication Systems by Countries
9 Middle East and Africa Automatic Lubrication Systems by Countries
10 Global Automatic Lubrication Systems Market Segment by Type
11 Global Automatic Lubrication Systems Market Segment by Application
12 Automatic Lubrication Systems Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
United States Automatic Lubrication Systems Market 2018 Forecast to 2023
Europe Automatic Lubrication Systems Market 2018 Forecast to 2023
North America Automatic Lubrication Systems Market 2018 Forecast to 2023
Asia-Pacific Automatic Lubrication Systems Market 2018 Forecast to 2023
China Automatic Lubrication Systems Market 2018 Forecast to 2023
EMEA Automatic Lubrication Systems Market 2018 Forecast to 2023
Global Automatic Lubrication Systems Market 2018 Forecast to 2023
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