Global Automatic Lubrication System Industry

Global Automatic Lubrication System Industry

  • September 2020 •
  • 292 pages •
  • Report ID: 5797954 •
  • Format: PDF
Global Automatic Lubrication System Market to Reach $963.3 Million by 2027

Amid the COVID-19 crisis, the global market for Automatic Lubrication System estimated at US$781.5 Million in the year 2020, is projected to reach a revised size of US$963.3 Million by 2027, growing at aCAGR of 3% over the period 2020-2027. Grease-based, one of the segments analyzed in the report, is projected to record 3.4% CAGR and reach US$715.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Oil-based segment is readjusted to a revised 2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $211.1 Million, While China is Forecast to Grow at 5.6% CAGR

The Automatic Lubrication System market in the U.S. is estimated at US$211.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$198.1 Million by the year 2027 trailing a CAGR of 5.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.We bring years of research experience to this 6th edition of our report. The 292-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • ATS Electro-Lube Int’l Inc.
  • Baier + Koppel GmbH + Co. KG
  • Bijur Delimon International
  • Cenlub Systems
  • Dropsa SpA
  • Eugen WOERNER GmbH & Co. KG
  • Graco, Inc.
  • I.L.C. S.R.L.
  • Kluber Lubrication Munchen SE & Co. KG
  • Oil-Rite Corporation
  • Perma-Tec
  • Samoa Ltd.
  • Simatec AG
  • SKF Group
  • The Timken Company