The Automatic Lubrication System Market size was estimated at USD 958.6 million in 2022 and is expected to reach USD 1352.80 million by 2030 at a CAGR of 4.4% during the forecast period of 2023-2030.
The market is expanding as a result of rising consumer knowledge of the benefits of employing automatic lubrication systems. Manufacturing businesses all over the world are gradually switching from inefficient manual lubrication techniques to more effective automatic lubrication procedures. This switch from manual to automatic lubrication is propelling market expansion. Some of the world's largest and fastest-growing economies, including China, Japan, and India, are found in the Asia-Pacific region. Cement, steel, and energy Lubrication facilities have been established in the area as a result of the enormous domestic demand for goods and services and the numerous chances for corporate expansion. This is a compelling prospect for market expansion in APAC.
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MARKET DYNAMICS
DRIVER
Equipment Longevity and Maintenance automatic lubrication systems ensure consistent and precise lubrication, which can extend the lifespan of machinery and reduce maintenance downtime.
Efficiency and Lubrication Proper lubrication reduces friction and wear, leading to improved operational efficiency and reduced energy consumption.
Worker Safety automatic lubrication systems can enhance worker safety by reducing the need for manual lubrication in potentially hazardous environments.
RESTRAIN
Purchasing and installing automatic lubrication systems may require a significant initial investment, particularly for small and medium-sized businesses.
Automatic lubrication systems may face slower adoption due to a lack of awareness in certain regions and sectors.
OPPORTUNITY
In the retrofitting market, it is possible to retrofit existing machinery with automatic lubrication systems, enhancing efficiency and convenience without the need to buy new machinery.
Growing industrial sectors' demand for automated solutions, such as automatic lubrication systems, is increased by growing industries like manufacturing, construction, and mining.
CHALLENGES
Customization requirements could differ between industries and System Types of machinery, which could make compatibility and customization issues a major roadblock.
Upkeep and inspection Although manual lubrication is not as necessary with automatic systems, they still need to be monitored, maintained, and occasionally troubleshooted.
IMPACT OF RUSSIA UKRAINE WAR
Geopolitical conflicts can cause disruptions in the supply chain, which may limit the availability of resources required for manufacturing automatic lubrication systems. This can result in delays and even scarcity. In areas with conflict, infrastructure development and building initiatives may be delayed, which can lead to a decrease in demand for automated systems such as machinery and automatic lubrication systems. Geopolitical tensions and conflicts may also force firms to reduce investments and expenses, indirectly affecting the automated lubrication system market by decreasing demand for machinery and equipment.
Due to the current unpredictable situation, companies may choose to take more cautious measures, such as postponing or reducing investments in automation systems and equipment upgrades.
IMPACT OF ONGOING RECESSION
Supply chain delays Supply chain disruptions brought on by the recession may affect the availability of components and materials required to manufacture automatic lubrication systems. This could lead to production delays and extra expenses. Extended Sales Cycles Businesses may put off purchasing during a recession. Sales cycles may lengthen as businesses carefully consider their financial situations before making investments. Competition and innovation Some manufacturers may innovate and offer more reasonably priced or flexible products in an effort to adapt to changing market conditions. This could increase competition in the market for automatic lubrication systems.
By Lubrication Type
Grease-based Lubrication System
Oil-based Lubrication System
By System Type
Single-Line Lubrication System
Dual-Line Lubrication System
Multi-Line Lubrication System
Series Progressive Lubrication System
Circulating Oil Lubrication System
Oil and Air Lubrication System
By Industry
Steel
Manufacturing
Cement
Paper & Printing
Transportation
Construction
Agriculture
Mining
Power
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REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
REGIONAL ANALYSES
The lubricating system market is divided into various regions including North America, Latin America, Western Europe, Eastern Europe, South East Asia-Pacific, China, Japan, India, Middle East, and Africa. Regional demand patterns correlate with the demand from end-use industries.
Europe has been the dominant region in terms of sales, and it is expected to continue its dominance in the end-use industry's demand for lubrication systems. The North American region is also expected to experience significant growth rates due to the expansion of its car fleet. Latin America is predicted to develop at a substantial CAGR during the forecast period due to its increasing industrialization. Similarly, the Middle East and Africa region is expected to grow significantly during the projected period, owing to an increase in construction activity.
The major key players are SKF, Graco, BAIER + KOEPPEL, Timken, Bijur Delimon, Samoa, Klueber Lubrication, Perma-tec, Woerner, Dropsa, Cenlub Systems, ATS Electro-Lube, Oil-Rite, Simatec, Etna Products Inc and others.
Graco-Company Financial Analysis
RECENT DEVELOPMENT
Etna Products Inc: In April 2023, As part of its growth objectives, Etna Products Inc. successfully acquired the metalworking fluid line from JTM Products. The purchase aided the business in developing its technologies and a distribution network that would support manufacturing and the establishment of a center for research and development. The organization also concentrates on creating a growth strategy to strengthen its presence in the worldwide market.
Graco: In May 2023, The GCITM Series Cartridge Injector, the first automatic lubricating injector technology on the market, was introduced by Graco. This new lubricant has been developed to provide current injectors in its class with outputs that are twice as high at a cost that is lower for unplanned uptime and would result in labor cost savings.
| Report Attributes | Details |
| Market Size in 2022 | US$ 958.6 Mn |
| Market Size by 2030 | US$ 1352.80 Mn |
| CAGR | CAGR of 4.4% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Lubrication Type (Grease-based Lubrication System,Oil-based Lubrication System) • By System Type (Single-Line Lubrication System, Dual-Line Lubrication System, Multi-Line Lubrication System, Series Progressive Lubrication System, Circulating Oil Lubrication System, Oil and Air Lubrication System) • By Industry (Steel, Manufacturing, Cement, Paper & Printing, Transportation, Construction, Agriculture, Mining, Power) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | SKF, Graco, BAIER + KOEPPEL, Timken, Bijur Delimon, Samoa, Klueber Lubrication, Perma-tec, Woerner, Dropsa, Cenlub Systems, ATS Electro-Lube, Oil-Rite, Simatec, Etna Products Inc |
| Key Drivers | • Equipment Longevity and Maintenance automatic lubrication systems ensure consistent and precise lubrication, which can extend the lifespan of machinery and reduce maintenance downtime. • Efficiency and Lubrication Proper lubrication reduces friction and wear, leading to improved operational efficiency and reduced energy consumption. • Worker Safety automatic lubrication systems can enhance worker safety by reducing the need for manual lubrication in potentially hazardous environments. |
| Market Restrain | • Purchasing and installing automatic lubrication systems may require a significant initial investment, particularly for small and medium-sized businesses. • Automatic lubrication systems may face slower adoption due to a lack of awareness in certain regions and sectors. |
The Automatic Lubrication System is expected to grow at a CAGR of 4.4% from 2023 to 2030.
According to our analysis, the Automatic Lubrication System is anticipated to reach USD 958.6 million By 2030.
Increased use of industrial automation as well as increased penetration in the mining and automotive industries.
The leading participants in the SKF, Graco, BAIER + KOEPPEL, Timken, Bijur Delimon, Samoa, Klueber Lubrication, Perma-tec, and Woerner.
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Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Automatic Lubrication System, By Lubrication Type
8.1 Grease-based Lubrication System
8.2 Oil-based Lubrication System
9. Automatic Lubrication System, By System Type
9.1 Single-Line Lubrication System
9.2 Dual-Line Lubrication System
9.3 Multi-Line Lubrication System
9.4 Series Progressive Lubrication System
9.5 Circulating Oil Lubrication System
9.6 Oil and Air Lubrication System
10. Automatic Lubrication System, By Industry
10.1 Steel
10.2 Manufacturing
10.3 Cement
10.4 Paper & Printing
10.5 Transportation
10.6 Construction
10.7 Agriculture
10.8 Mining
10.9 Power
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Automatic Lubrication System by Country
11.2.2North America Automatic Lubrication System by Lubrication Type
11.2.3 North America Automatic Lubrication System by System Type
11.2.4 North America Automatic Lubrication System by Industry
11.2.5 USA
11.2.5.1 USA Automatic Lubrication System by Lubrication Type
11.2.5.2 USA Automatic Lubrication System by System Type
11.2.5.3 USA Automatic Lubrication System by Industry
11.2.6 Canada
11.2.6.1 Canada Automatic Lubrication System by Lubrication Type
11.2.6.2 Canada Automatic Lubrication System by System Type
11.2.6.3 Canada Automatic Lubrication System by Industry
11.2.7 Mexico
11.2.7.1 Mexico Automatic Lubrication System by Lubrication Type
11.2.7.2 Mexico Automatic Lubrication System by System Type
11.2.7.3 Mexico Automatic Lubrication System by Industry
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Automatic Lubrication System by Country
11.3.1.2 Eastern Europe Automatic Lubrication System by Lubrication Type
11.3.1.3 Eastern Europe Automatic Lubrication System by System Type
11.3.1.4 Eastern Europe Automatic Lubrication System by Industry
11.3.1.5 Poland
11.3.1.5.1 Poland Automatic Lubrication System by Lubrication Type
11.3.1.5.2 Poland Automatic Lubrication System by System Type
11.3.1.5.3 Poland Automatic Lubrication System by Industry
11.3.1.6 Romania
11.3.1.6.1 Romania Automatic Lubrication System by Lubrication Type
11.3.1.6.2 Romania Automatic Lubrication System by System Type
11.3.1.6.4 Romania Automatic Lubrication System by Industry
11.3.1.7 Turkey
11.3.1.7.1 Turkey Automatic Lubrication System by Lubrication Type
11.3.1.7.2 Turkey Automatic Lubrication System by System Type
11.3.1.7.3 Turkey Automatic Lubrication System by Industry
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Automatic Lubrication System by Lubrication Type
11.3.1.8.2 Rest of Eastern Europe Automatic Lubrication System by System Type
11.3.1.8.3 Rest of Eastern Europe Automatic Lubrication System by Industry
11.3.2 Western Europe
11.3.2.1 Western Europe Automatic Lubrication System by Lubrication Type
11.3.2.2 Western Europe Automatic Lubrication System by System Type
11.3.2.3 Western Europe Automatic Lubrication System by Industry
11.3.2.4 Germany
11.3.2.4.1 Germany Automatic Lubrication System by Lubrication Type
11.3.2.4.2 Germany Automatic Lubrication System by System Type
11.3.2.4.3 Germany Automatic Lubrication System by Industry
11.3.2.5 France
11.3.2.5.1 France Automatic Lubrication System by Lubrication Type
11.3.2.5.2 France Automatic Lubrication System by System Type
11.3.2.5.3 France Automatic Lubrication System by Industry
11.3.2.6 UK
11.3.2.6.1 UK Automatic Lubrication System by Lubrication Type
11.3.2.6.2 UK Automatic Lubrication System by System Type
11.3.2.6.3 UK Automatic Lubrication System by Industry
11.3.2.7 Italy
11.3.2.7.1 Italy Automatic Lubrication System by Lubrication Type
11.3.2.7.2 Italy Automatic Lubrication System by System Type
11.3.2.7.3 Italy Automatic Lubrication System by Industry
11.3.2.8 Spain
11.3.2.8.1 Spain Automatic Lubrication System by Lubrication Type
11.3.2.8.2 Spain Automatic Lubrication System by System Type
11.3.2.8.3 Spain Automatic Lubrication System by Industry
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Automatic Lubrication System by Lubrication Type
11.3.2.9.2 Netherlands Automatic Lubrication System by System Type
11.3.2.9.3 Netherlands Automatic Lubrication System by Industry
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Automatic Lubrication System by Lubrication Type
11.3.2.10.2 Switzerland Automatic Lubrication System by System Type
11.3.2.10.3 Switzerland Automatic Lubrication System by Industry
11.3.2.11.1 Austria
11.3.2.11.2 Austria Automatic Lubrication System by Lubrication Type
11.3.2.11.3 Austria Automatic Lubrication System by System Type
11.3.2.11.4 Austria Automatic Lubrication System by Industry
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Automatic Lubrication System by Lubrication Type
11.3.2.12.2 Rest of Western Europe Automatic Lubrication System by System Type
11.3.2.12.3 Rest of Western Europe Automatic Lubrication System by Industry
11.4 Asia-Pacific
11.4.1 Asia-Pacific Automatic Lubrication System by Country
11.4.2 Asia-Pacific Automatic Lubrication System by Lubrication Type
11.4.3 Asia-Pacific Automatic Lubrication System by System Type
11.4.4 Asia-Pacific Automatic Lubrication System by Industry
11.4.5 China
11.4.5.1 China Automatic Lubrication System by Lubrication Type
11.4.5.2 China Automatic Lubrication System by System Type
11.4.5.3 China Automatic Lubrication System by Industry
11.4.6 India
11.4.6.1 India Automatic Lubrication System by Lubrication Type
11.4.6.2 India Automatic Lubrication System by System Type
11.4.6.3 India Automatic Lubrication System by Industry
11.4.7 Japan
11.4.7.1 Japan Automatic Lubrication System by Lubrication Type
11.4.7.2 Japan Automatic Lubrication System by System Type
11.4.7.3 Japan Automatic Lubrication System by Industry
11.4.8 South Korea
11.4.8.1 South Korea Automatic Lubrication System by Lubrication Type
11.4.8.2 South Korea Automatic Lubrication System by System Type
11.4.8.3 South Korea Automatic Lubrication System by Industry
11.4.9 Vietnam
11.4.9.1 Vietnam Automatic Lubrication System by Lubrication Type
11.4.9.2 Vietnam Automatic Lubrication System by System Type
11.4.9.3 Vietnam Automatic Lubrication System by Industry
11.4.10 Singapore
11.4.10.1 Singapore Automatic Lubrication System by Lubrication Type
11.4.10.2 Singapore Automatic Lubrication System by System Type
11.4.10.3 Singapore Automatic Lubrication System by Industry
11.4.11 Australia
11.4.11.1 Australia Automatic Lubrication System by Lubrication Type
11.4.11.2 Australia Automatic Lubrication System by System Type
11.4.11.3 Australia Automatic Lubrication System by Industry
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Automatic Lubrication System by Lubrication Type
11.4.12.2 Rest of Asia-Pacific Automatic Lubrication System by System Type
11.4.12.3 Rest of Asia-Pacific Automatic Lubrication System by Industry
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Automatic Lubrication System by Country
11.5.1.2 Middle East Automatic Lubrication System by Lubrication Type
11.5.1.3 Middle East Automatic Lubrication System by System Type
11.5.1.4 Middle East Automatic Lubrication System by Industry
11.5.1.5 UAE
11.5.1.5.1 UAE Automatic Lubrication System by Lubrication Type
11.5.1.5.2 UAE Automatic Lubrication System by System Type
11.5.1.5.3 UAE Automatic Lubrication System by Industry
11.5.1.6 Egypt
11.5.1.6.1 Egypt Automatic Lubrication System by Lubrication Type
11.5.1.6.2 Egypt Automatic Lubrication System by System Type
11.5.1.6.3 Egypt Automatic Lubrication System by Industry
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Automatic Lubrication System by Lubrication Type
11.5.1.7.2 Saudi Arabia Automatic Lubrication System by System Type
11.5.1.7.3 Saudi Arabia Automatic Lubrication System by Industry
11.5.1.8 Qatar
11.5.1.8.1 Qatar Automatic Lubrication System by Lubrication Type
11.5.1.8.2 Qatar Automatic Lubrication System by System Type
11.5.1.8.3 Qatar Automatic Lubrication System by Industry
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Automatic Lubrication System by Lubrication Type
11.5.1.9.2 Rest of Middle East Automatic Lubrication System by System Type
11.5.1.9.3 Rest of Middle East Automatic Lubrication System by Industry
11.5.2 Africa
11.5.2.1 Africa Automatic Lubrication System by Country
11.5.2.2 Africa Automatic Lubrication System by Lubrication Type
11.5.2.3 Africa Automatic Lubrication System by System Type
11.5.2.4 Africa Automatic Lubrication System by Industry
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Automatic Lubrication System by Lubrication Type
11.5.2.5.2 Nigeria Automatic Lubrication System by System Type
11.5.2.5.3 Nigeria Automatic Lubrication System by Industry
11.5.2.6 South Africa
11.5.2.6.1 South Africa Automatic Lubrication System by Lubrication Type
11.5.2.6.2 South Africa Automatic Lubrication System by System Type
11.5.2.6.3 South Africa Automatic Lubrication System by Industry
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Automatic Lubrication System by Lubrication Type
11.5.2.7.2 Rest of Africa Automatic Lubrication System by System Type
11.5.2.7.3 Rest of Africa Automatic Lubrication System by Industry
11.6 Latin America
11.6.1 Latin America Automatic Lubrication System by Country
11.6.2 Latin America Automatic Lubrication System by Lubrication Type
11.6.3 Latin America Automatic Lubrication System by System Type
11.6.4 Latin America Automatic Lubrication System by Industry
11.6.5 Brazil
11.6.5.1 Brazil Automatic Lubrication System by Lubrication Type
11.6.5.2 Brazil Automatic Lubrication System by System Type
11.6.5.3 Brazil Automatic Lubrication System by Industry
11.6.6 Argentina
11.6.6.1 Argentina Automatic Lubrication System by Lubrication Type
11.6.6.2 Argentina Automatic Lubrication System by System Type
11.6.6.3 Argentina Automatic Lubrication System by Industry
11.6.7 Colombia
11.6.7.1 Colombia Automatic Lubrication System by Lubrication Type
11.6.7.2 Colombia Automatic Lubrication System by System Type
11.6.7.3 Colombia Automatic Lubrication System by Industry
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Automatic Lubrication System by Lubrication Type
11.6.8.2 Rest of Latin America Automatic Lubrication System by System Type
11.6.8.3 Rest of Latin America Automatic Lubrication System by Industry
12. Company profile
12.1 SKF
12.1.1 Company Overview
12.1.2 Financials
12.1.3 System Type/Service Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Graco
12.2.1 Company Overview
12.2.2 Financials
12.2.3 System Type/Service Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 BAIER + KOEPPEL
12.3.1 Company Overview
12.3.2 Financials
12.3.3 System Type/Service Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Timken
12.4.1 Company Overview
12.4.2 Financials
12.4.3 System Type/Service Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Bijur Delimon
12.5.1 Company Overview
12.5.2 Financials
12.5.3 System Type/Service Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Samoa
12.6.1 Company Overview
12.6.2 Financials
12.6.3 System Type/Service Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Klueber Lubrication
12.7.2 Financials
12.7.3 System Type/Service Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Perma-tec
12.7.1 Company Overview
12.8.1 Company Overview
12.8.2 Financials
12.8.3 System Type/Service Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Woerner
12.9.1 Company Overview
12.9.2 Financials
12.9.3 System Type/Service Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Dropsa
12.10.1 Company Overview
12.10.2 Financials
12.10.3 System Type/Service Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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