Market Overview:
The global air lubrication system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air lubrication systems from heavy cargo carriers and LNG carriers. Additionally, the growing demand for air lubrication systems in Asia Pacific and Middle East & Africa is also contributing to the growth of the market. However, volatility in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
Air lubrication is a technique used to reduce friction between moving surfaces. It works by injecting a stream of air between the two surfaces, which creates a thin film of air that separates them. This reduces the amount of friction and wear that occurs, and can prolong the life of the parts.
Air Films:
Air films is a thin layer of air between two surfaces. It helps to reduce friction, increases safety and also provides an easy clean surface. Air film acts as a sealant, gasket or cushion in many applications such as shock absorbers, bearings and seals among others.
Micro Bubble:
Micro bubble is a type of air lubrication system which produces micro sized bubbles. These bubbles have high velocity and they reduce the friction between two surfaces thereby reducing the wear and tear. Micro bubble air lubrication systems are widely used in various applications such as gearboxes, bearings, valves, pumps & compressors among others. The increasing demand for energy efficient products across several industries including automotive & transportation is expected to drive market growth over the forecast period.
Application Insights:
The heavy cargo carrier application segment led the global air lubrication system market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing air transportation for inter-state trade as well as intra-state trade among various countries. Moreover, governments are taking initiatives such as lowering corporate income tax rate for companies operating in the aviation sector which will further propel demand from 2018 to 2030.
The LNG carrier application segment is expected to witness significant growth over the forecast period owing to rising demand from Asia Pacific and Middle East & Africa regions coupled with growing production of Liquefied Natural Gas (LNG). Increasing use of LNG carriers for supply ships on account of their environment friendly nature along with low operational cost is anticipated to drive industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global air lubrication system market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for heavy-duty commercial vehicles, especially in China and India. Asia Pacific is also home to several emerging economies with robust economic growth such as Indonesia, Vietnam, Philippines, Thailand and Malaysia. These countries are investing aggressively in developing their road infrastructure which will further boost product demand over the next eight years.
Europe was estimated at USD X million in 2016 owing to high acceptance of greener technologies coupled with stringent environmental regulations by various regulatory bodies such as EEA (European Economic Area), EPA (Environment Protection Agency) & CARB (California Air Resources Board). North America accounted for a significant share due to growing emphasis on fuel economy along with government initiatives encouraging innovation through competition among major industry participants.
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Stringent emission norms by regulatory authorities
- Rising demand from end-use industries such as automotive, aerospace, and marine
- Technological advancements in air lubrication systems
- Growing awareness about the benefits of air lubrication systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Lubrication System Market Research Report
By Type
Air Films, Micro Bubble
By Application
Heavy Cargo Carrier, LNG Carrier
By Companies
Mitsubishi, Howden, AIRGLIDE, Silverstream Technologies, SHIPWRIGHT, Damen, NYK Line, Samsung Heavy Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Air Lubrication System Market Report Segments:
The global Air Lubrication System market is segmented on the basis of:
Types
Air Films, Micro Bubble
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Heavy Cargo Carrier, LNG Carrier
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi
- Howden
- AIRGLIDE
- Silverstream Technologies
- SHIPWRIGHT
- Damen
- NYK Line
- Samsung Heavy Industries
Highlights of The Air Lubrication System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Films
- Micro Bubble
- By Application:
- Heavy Cargo Carrier
- LNG Carrier
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Lubrication System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An air lubrication system is a type of engine oiling system that uses the air to distribute the oil throughout an engine. The air helps to reduce friction and wear on parts of the engine, which can lead to longer life and better performance.
Some of the major companies in the air lubrication system market are Mitsubishi, Howden, AIRGLIDE, Silverstream Technologies, SHIPWRIGHT, Damen, NYK Line, Samsung Heavy Industries.
The air lubrication system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Lubrication System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Air Lubrication System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air Lubrication System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Air Lubrication System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Air Lubrication System Market Size & Forecast, 2018-2028
4.5.1 Air Lubrication System Market Size and Y-o-Y Growth
4.5.2 Air Lubrication System Market Absolute $ Opportunity
Chapter 5 Global Air Lubrication System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Air Lubrication System Market Size Forecast by Type
5.2.1 Air Films
5.2.2 Micro Bubble
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Air Lubrication System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Air Lubrication System Market Size Forecast by Applications
6.2.1 Heavy Cargo Carrier
6.2.2 LNG Carrier
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Lubrication System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Lubrication System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Air Lubrication System Analysis and Forecast
9.1 Introduction
9.2 North America Air Lubrication System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Air Lubrication System Market Size Forecast by Type
9.6.1 Air Films
9.6.2 Micro Bubble
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Air Lubrication System Market Size Forecast by Applications
9.10.1 Heavy Cargo Carrier
9.10.2 LNG Carrier
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Air Lubrication System Analysis and Forecast
10.1 Introduction
10.2 Europe Air Lubrication System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Air Lubrication System Market Size Forecast by Type
10.6.1 Air Films
10.6.2 Micro Bubble
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Air Lubrication System Market Size Forecast by Applications
10.10.1 Heavy Cargo Carrier
10.10.2 LNG Carrier
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Air Lubrication System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Air Lubrication System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Air Lubrication System Market Size Forecast by Type
11.6.1 Air Films
11.6.2 Micro Bubble
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Air Lubrication System Market Size Forecast by Applications
11.10.1 Heavy Cargo Carrier
11.10.2 LNG Carrier
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Air Lubrication System Analysis and Forecast
12.1 Introduction
12.2 Latin America Air Lubrication System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Air Lubrication System Market Size Forecast by Type
12.6.1 Air Films
12.6.2 Micro Bubble
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Air Lubrication System Market Size Forecast by Applications
12.10.1 Heavy Cargo Carrier
12.10.2 LNG Carrier
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Air Lubrication System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Air Lubrication System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Air Lubrication System Market Size Forecast by Type
13.6.1 Air Films
13.6.2 Micro Bubble
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Air Lubrication System Market Size Forecast by Applications
13.10.1 Heavy Cargo Carrier
13.10.2 LNG Carrier
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Lubrication System Market: Competitive Dashboard
14.2 Global Air Lubrication System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi
14.3.2 Howden
14.3.3 AIRGLIDE
14.3.4 Silverstream Technologies
14.3.5 SHIPWRIGHT
14.3.6 Damen
14.3.7 NYK Line
14.3.8 Samsung Heavy Industries
