Press Resease

Lubrication Systems Market by Type (Centralized or Automated and Manual), by Process (Wet Sump and Dry Sump), and by Application (Automobile, Cement, Mining & Mineral Processing, and Steel): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024

Published Date: 21-Aug-2018 Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-2585 Status : Published

Global lubrication systems market expected to generate revenue of around USD 1004.77 million by the end of 2024, growing at a CAGR of around 4.40% between 2018 and 2024. Growing industrialization and rising automobile sector are considered as major factors driving the lubrication systems market across the globe.

Description

The report covers forecast and analysis for the lubrication systems market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the lubrication systems market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the lubrication systems market on a global level.

In order to give the users of this report a comprehensive view of the lubrication systems market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type, process, and application segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Lubrication Systems Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, type portfolio of various companies according to the region.

The study provides a decisive view of the lubrication systems market by segmenting the market based on type, process, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This segmentation includes demand for lubrication systems market based on all segments in all the regions and countries.

Some of the major players contributing to the growth of the global lubrication systems market comprise Timken, Andantex, Cenlub Systems, Graco, SKF, Samoa,  Klueber Lubrication, Cenlub Systems, Ambilube, Beke-lube, Bijur delimon, Alemite, Groeneveld Lubrication Solutions, ATS Electro-Lube, and many others.

This report segments the lubrication systems market as follows:

Lubrication Systems Market: Type Segment Analysis

  • Centralized or Automated 
  • Manual

Lubrication Systems Market: Process Segment Analysis

  • Wet Sump 
  • Dry Sump

Lubrication Systems Market: Application Segment Analysis

  • Automobile
  • Cement
  • Mining & Mineral Processing
  • Steel

Lubrication Systems Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Lubrication Systems Market, 2015 - 2024 (USD Million)
    • 2.2. Global Lubrication Systems Market: snapshot
  •  
  • Chapter 3. Lubrication Systems Market- Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global Lubrication Systems Market drivers: impact analysis
      • 3.2.2. Advancement of the novel products which includes synthetic lubricants
      • 3.2.3. Growing industrialization and rising automobile sector
    • 3.3. Market Restraints
      • 3.3.1. Global Lubrication Systems Market restraints: impact analysis
      • 3.3.2. Lack of awareness among end-user industries
    • 3.4. Opportunities
      • 3.4.1. Product innovation to present growth opportunity for lubrication system manufactures
    • 3.5. Porter's five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by material segment
      • 3.6.2. Market attractiveness analysis, by product segment
      • 3.6.3. Market attractiveness analysis, by application segment
      • 3.6.4. Market attractiveness analysis, by regional segment
  •  
  • Chapter 4. Global Lubrication Systems Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Lubrication Systems Market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New product launch
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  •  
  • Chapter 5. Global Lubrication Systems Market- Type Segment Analysis
    • 5.1. Global Lubrication Systems Market: type overview
      • 5.1.1. Global Lubrication Systems Market revenue share, by type, 2017 and 2024
    • 5.2. Centralized or Automated
      • 5.2.1. Global Lubrication Systems Market for centralized or automated market, 2015 - 2024 (USD Million)
    • 5.3. Manual
      • 5.3.1. Global Lubrication Systems Market for manual market, 2015 - 2024 (USD Million)
  •  
  • Chapter 6. Global Lubrication Systems Market- Process Segment Analysis
    • 6.1. Global Lubrication Systems Market: process overview
      • 6.1.1. Global Lubrication Systems Market revenue share, by process, 2017 and 2024
    • 6.2. Dry Sump
      • 6.2.1. Global Lubrication Systems Market for Dry Sump market, 2015 - 2024 (USD Million)
    • 6.3. Wet Sump
      • 6.3.1. Global Lubrication Systems Market for wet sump market, 2015 - 2024 (USD Million)
  •  
  • Chapter 7. Global Lubrication Systems Market- Application Segment Analysis
    • 7.1. Global Lubrication Systems Market: application overview
      • 7.1.1. Global Lubrication Systems Market revenue share, by application , 2017 and 2024
    • 7.2. Automobile
      • 7.2.1. Global Lubrication Systems Market for automobile, 2015 - 2024 (USD Million)
    • 7.3. Mining & Mineral Processing
      • 7.3.1. Global Lubrication Systems Market for mining & mineral processing, 2015 - 2024 (USD Million)
    • 7.4. Cement
      • 7.4.1. Global Lubrication Systems Market for cement, 2015 - 2024 (USD Million)
    • 7.5. Steel
      • 7.5.1. Global Lubrication Systems Market for steel, 2015 - 2024 (USD Million)
  •  
  • Chapter 8. Global Lubrication Systems Market- Regional Segment Analysis
    • 8.1. Global Lubrication Systems Market: regional overview
      • 8.1.1. Global Lubrication Systems Market revenue share, by region, 2017 and 2024
    • 8.2. North America
      • 8.2.1. North America Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
      • 8.2.2. North America Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
      • 8.2.3. North America Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.2.4. U.S.
        • 8.2.4.1. U.S. Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.2.4.2. U.S. Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.2.4.3. U.S. Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.2.5. Canada
        • 8.2.5.1. Canada Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.2.5.2. Canada Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.2.5.3. Canada Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.2.6. Mexico
        • 8.2.6.1. Mexico Lubrication Systems Market revenue, by type , 2015 - 2024 (USD Million)
        • 8.2.6.2. Mexico Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.2.6.3. Mexico Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
      • 8.3.2. Europe Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
      • 8.3.3. Europe Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.3.4. UK
        • 8.3.4.1. UK Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.3.4.2. UK Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.3.4.3. UK Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.3.5. Germany
        • 8.3.5.1. Germany Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.3.5.2. Germany Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.3.5.3. Germany Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.3.6.2. France Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.3.6.3. France Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.3.7. Spain
        • 8.3.7.1. Spain Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.3.7.2. Spain Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.3.7.3. Spain Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.3.8. Italy
        • 8.3.8.1. Italy Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.3.8.2. Italy Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.3.8.3. Italy Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.3.9. Rest of Europe
        • 8.3.9.1. Rest of Europe Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.3.9.2. Rest of Europe Lubrication Systems Market revenue, by process , 2015 - 2024 (USD Million)
        • 8.3.9.3. Rest of Europe Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
      • 8.4.2. Asia Pacific Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
      • 8.4.3. Asia Pacific Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.4.4. China
        • 8.4.4.1. China Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.4.4.2. China Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.4.4.3. China Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.4.5. Japan
        • 8.4.5.1. Japan Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.4.5.2. Japan Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.4.5.3. Japan Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.4.6. India
        • 8.4.6.1. India Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.4.6.2. India Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.4.6.3. India Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.4.7. Southeast Asia
        • 8.4.7.1. Southeast Asia Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.4.7.2. Southeast Asia Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.4.7.3. Southeast Asia Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.4.8. Australia
        • 8.4.8.1. Australia Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.4.8.2. Australia Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.4.8.3. Australia Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.4.9. South Korea
        • 8.4.9.1. South Korea Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.4.9.2. South Korea Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.4.9.3. South Korea Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.4.10. Rest of Asia Pacific
        • 8.4.10.1. Rest of Asia Pacific Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.4.10.2. Rest of Asia Pacific Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.4.10.3. Rest of Asia Pacific Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
      • 8.5.2. Latin America Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
      • 8.5.3. Latin America Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.5.4.2. Brazil Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.5.4.3. Brazil Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.5.5. Argentina
        • 8.5.5.1. Argentina Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.5.5.2. Argentina Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.5.5.3. Argentina Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.5.6. Rest of Latin America
        • 8.5.6.1. Rest of Latin America Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.5.6.2. Rest of Latin America Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.5.6.3. Rest of Latin America Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
    • 8.6. Middle East and Africa
      • 8.6.1. Middle East and Africa Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
      • 8.6.2. Middle East and Africa Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
      • 8.6.3. Middle East and Africa Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.6.4. GCC Countries
        • 8.6.4.1. GCC Countries Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.6.4.2. GCC Countries Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.6.4.3. GCC Countries Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.6.5. South Africa
        • 8.6.5.1. South Africa Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.6.5.2. South Africa Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.6.5.3. South Africa Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
      • 8.6.6. Rest of Middle East & Africa
        • 8.6.6.1. Rest of Middle East & Africa Lubrication Systems Market revenue, by type, 2015 - 2024 (USD Million)
        • 8.6.6.2. Rest of Middle East & Africa Lubrication Systems Market revenue, by process, 2015 - 2024 (USD Million)
        • 8.6.6.3. Rest of Middle East & Africa Lubrication Systems Market revenue, by application, 2015 - 2024 (USD Million)
  •  
  • Chapter 9. Company Profile
    • 9.1. Andantex
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Process portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. Cenlub Systems
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Process portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. Bijur delimon
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Process portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. Groeneveld Lubrication Solutions
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Process portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. ATS Electro-Lube
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Process portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. Graco
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Process portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. Ambilube
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Process portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
    • 9.8. Samoa
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Process portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
    • 9.9. SKF
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Process portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments
    • 9.10. Timken
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Process portfolio
      • 9.10.4. Business strategy
      • 9.10.5. Recent developments

Methodology

Free Analysis

The lubrication system is a means where oil, grease, and other lubricants are used between two rubbing surfaces to reduce the friction, heat, and wear. Machines like manufacturing equipment, pumps, turbines, cutting tools, motors, pistons, bearings, cams, chains, vehicles make use of lubrication system to reduce the heat and friction generated; therefore, preventing from getting damaged. The lubricants used in the machines reduce the friction generated between the parts and thus increase the longevity of all the components. Lubrication system benefits in reducing the power consumption due to less friction thus ensuring the safe operation of machinery which, in turn, extends the component life, reduces the maintenance cost, and increases the overall productivity of the system.

Advancement of the novel products which includes synthetic lubricants coupled with the easy availability are the strong factors anticipated to fuel the lubrication systems market growth in upcoming years. In addition to this, growing industrialization and rising automobile sector are also considered to be the major factors driving the lubrication systems market across the globe. Moreover, a rising trend for the automated process leads to the increasing demand for the lubricants which also influences the lubrication systems market during the forecast period. Rapid urbanization also has provoked the market growth. However, lack of awareness among end-user industries regarding the new products can hamper the growth of the market.

Global Lubrication Systems Market

Based on the type of system, lubrication systems market is bifurcated into centralized or automated and manual. On the basis of process, the market is bifurcated into the dry sump and wet sump. Based on the application, the market is bifurcated into automobile, mining & mineral processing, cement, and steel. 

Regionally, Asia Pacific accounted for a major revenue share in 2017. The trend is estimated to continue during the forecast period. The region is home for the developing countries such as India, China, South Korea, and others. Therefore, booming end-user industries such as automotive, transportation, and construction are also the considerable factors for market growth in this region. In addition to this, rapid urbanization, growing industrialization, and rising consumerism are major factors stoking the market growth in this region. Other regions such as the Middle East and Africa and Latin America are anticipated to grow at a steady pace in upcoming years. 

Some of the major players contributing to the growth of the global lubrication systems market comprise Timken, Andantex, Cenlub Systems, Graco, SKF, Samoa, Klueber Lubrication, Cenlub Systems, Ambilube, Beke-lube, Bijur delimon, Alemite, Groeneveld Lubrication Solutions, ATS Electro-Lube, and many others. Merger, acquisition, and product advancement joint venture are the key strategies by the market players across the globe to strengthen the growth of lubrication systems market.

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