Market Overview:
The global automatic oil 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 automatic oil lubrication systems from various end-use industries, such as construction machinery, transportation/vehicles, industrial & manufacturing equipments, and maintenance market. Moreover, the growing awareness about the benefits of using automatic oil lubrication systems is also contributing to the growth of this market. Based on type, single-line lubrication systems accounted for a major share of the global automatic oil lubrication system market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period owing to its low installation and maintenance costs as compared with other types of Automatic Oil Lubricating Systems (AOLS).
Product Definition:
An Automatic Oil Lubrication System is a device that lubricates machinery by pumping oil to bearings, gears and other critical parts. The importance of an Automatic Oil Lubrication System is that it helps machines run smoother and last longer by providing the necessary lubrication.
Single-line Lubrication Systems:
Single-line lubrication systems are used to lubricate one or more automatic oil lubrication system. These systems consist of a single main line with several fittings that carry the oil from an external source to various points of operation in an automatic oil lubrication system.
Dual-line Lubrication Systems:
Dual-line lubrication systems are used in automatic oil lubrication system to provide two different types of fluids, usually referred as primary and secondary. Primary line is used for transmitting the OEM (Original Equipment Manufacturer) oils while the secondary line is for supplying aftermarket or generic engine oils. The main function of dual-line lubrication system is to ensure that there's always an appropriate type of oil present in the proper quantity at all times.
Application Insights:
The construction machinery application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for heavy-duty construction equipment across developing countries, such as India, China and Brazil. In addition, increasing government spending on infrastructure development across developed countries will boost product demand over the next seven years.
The transportation/vehicles segment is expected to witness significant growth during the forecast period owing to growing automotive production in emerging markets of Asia Pacific and Latin America regions coupled with stable vehicle sales in North America region.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market for automatic oil lubrication systems over the forecast period. The growth of this region can be attributed to increasing investments in infrastructural development and manufacturing sector. For instance, China has been making huge investments in railways expansion across its vast territory, which requires high-quality railway equipment with superior performance and efficiency. This scenario is anticipated to drive product demand across Asia Pacific during the forecast period.
The North American market was valued at USD X million in 2017 owing to growing construction activities along with an increase in industrial machinery production within U.S., thus propelling product demand across various applications such as gearboxes, reduction gears & driveshafts, other parts of machines & equipment etcetera over the past few years (see Figure 2).
Growth Factors:
- Increasing demand from the automotive industry for automatic oil lubrication systems to improve fuel efficiency and reduce emissions.
- Growing demand for industrial machinery that requires automatic oil lubrication systems for improved performance and reliability.
- Proliferation of equipment in the mining and construction industries that require regular lubrication, which is best achieved through an automated system.
- Rising awareness of the benefits of using an automatic oil lubrication system, especially among small businesses who may not have the manpower or time to manually lube equipment regularly themselves 5 Increased focus on preventive maintenance by Original Equipment Manufacturers (OEMs) as a way to improve product reliability and extend component life
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Oil Lubrication System Market Research Report
By Type
Single-line Lubrication Systems, Dual-line Lubrication Systems, Multi-line Lubrication Systems, Other
By Application
Construction Machinery, Transportation/Vehicles, Industrial & Manufacturing Equipments, Maintenance Market, Other
By Companies
SKF, Graco, Timken, BEKA, Andantex, Cenlub Systems, Bijur delimon, Groeneveld Group, Lubecore, Lubrite Industries, Oil-Rite, Pricol
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Oil Lubrication System Market Report Segments:
The global Automatic Oil Lubrication System market is segmented on the basis of:
Types
Single-line Lubrication Systems, Dual-line Lubrication Systems, Multi-line Lubrication Systems, Other
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
Construction Machinery, Transportation/Vehicles, Industrial & Manufacturing Equipments, Maintenance Market, Other
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:
- SKF
- Graco
- Timken
- BEKA
- Andantex
- Cenlub Systems
- Bijur delimon
- Groeneveld Group
- Lubecore
- Lubrite Industries
- Oil-Rite
- Pricol
Highlights of The Automatic Oil 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:
- Single-line Lubrication Systems
- Dual-line Lubrication Systems
- Multi-line Lubrication Systems
- Other
- By Application:
- Construction Machinery
- Transportation/Vehicles
- Industrial & Manufacturing Equipments
- Maintenance Market
- Other
- 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 Automatic Oil 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.
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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 automatic oil lubrication system is a type of engine oil delivery system that uses sensors to detect the level of engine oil in the crankcase and then dispenses a predetermined amount of oil to keep the engine running smoothly.
Some of the major players in the automatic oil lubrication system market are SKF, Graco, Timken, BEKA, Andantex, Cenlub Systems, Bijur delimon, Groeneveld Group, Lubecore, Lubrite Industries, Oil-Rite, Pricol.
The automatic oil 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 Automatic Oil 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 Automatic Oil Lubrication System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Oil 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 Automatic Oil 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 Automatic Oil Lubrication System Market Size & Forecast, 2018-2028
4.5.1 Automatic Oil Lubrication System Market Size and Y-o-Y Growth
4.5.2 Automatic Oil Lubrication System Market Absolute $ Opportunity
Chapter 5 Global Automatic Oil 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 Automatic Oil Lubrication System Market Size Forecast by Type
5.2.1 Single-line Lubrication Systems
5.2.2 Dual-line Lubrication Systems
5.2.3 Multi-line Lubrication Systems
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automatic Oil 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 Automatic Oil Lubrication System Market Size Forecast by Applications
6.2.1 Construction Machinery
6.2.2 Transportation/Vehicles
6.2.3 Industrial & Manufacturing Equipments
6.2.4 Maintenance Market
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Oil 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 Automatic Oil 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 Automatic Oil Lubrication System Analysis and Forecast
9.1 Introduction
9.2 North America Automatic Oil 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 Automatic Oil Lubrication System Market Size Forecast by Type
9.6.1 Single-line Lubrication Systems
9.6.2 Dual-line Lubrication Systems
9.6.3 Multi-line Lubrication Systems
9.6.4 Other
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 Automatic Oil Lubrication System Market Size Forecast by Applications
9.10.1 Construction Machinery
9.10.2 Transportation/Vehicles
9.10.3 Industrial & Manufacturing Equipments
9.10.4 Maintenance Market
9.10.5 Other
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 Automatic Oil Lubrication System Analysis and Forecast
10.1 Introduction
10.2 Europe Automatic Oil 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 Automatic Oil Lubrication System Market Size Forecast by Type
10.6.1 Single-line Lubrication Systems
10.6.2 Dual-line Lubrication Systems
10.6.3 Multi-line Lubrication Systems
10.6.4 Other
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 Automatic Oil Lubrication System Market Size Forecast by Applications
10.10.1 Construction Machinery
10.10.2 Transportation/Vehicles
10.10.3 Industrial & Manufacturing Equipments
10.10.4 Maintenance Market
10.10.5 Other
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 Automatic Oil Lubrication System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automatic Oil 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 Automatic Oil Lubrication System Market Size Forecast by Type
11.6.1 Single-line Lubrication Systems
11.6.2 Dual-line Lubrication Systems
11.6.3 Multi-line Lubrication Systems
11.6.4 Other
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 Automatic Oil Lubrication System Market Size Forecast by Applications
11.10.1 Construction Machinery
11.10.2 Transportation/Vehicles
11.10.3 Industrial & Manufacturing Equipments
11.10.4 Maintenance Market
11.10.5 Other
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 Automatic Oil Lubrication System Analysis and Forecast
12.1 Introduction
12.2 Latin America Automatic Oil 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 Automatic Oil Lubrication System Market Size Forecast by Type
12.6.1 Single-line Lubrication Systems
12.6.2 Dual-line Lubrication Systems
12.6.3 Multi-line Lubrication Systems
12.6.4 Other
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 Automatic Oil Lubrication System Market Size Forecast by Applications
12.10.1 Construction Machinery
12.10.2 Transportation/Vehicles
12.10.3 Industrial & Manufacturing Equipments
12.10.4 Maintenance Market
12.10.5 Other
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) Automatic Oil Lubrication System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automatic Oil 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) Automatic Oil Lubrication System Market Size Forecast by Type
13.6.1 Single-line Lubrication Systems
13.6.2 Dual-line Lubrication Systems
13.6.3 Multi-line Lubrication Systems
13.6.4 Other
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) Automatic Oil Lubrication System Market Size Forecast by Applications
13.10.1 Construction Machinery
13.10.2 Transportation/Vehicles
13.10.3 Industrial & Manufacturing Equipments
13.10.4 Maintenance Market
13.10.5 Other
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 Automatic Oil Lubrication System Market: Competitive Dashboard
14.2 Global Automatic Oil Lubrication System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF
14.3.2 Graco
14.3.3 Timken
14.3.4 BEKA
14.3.5 Andantex
14.3.6 Cenlub Systems
14.3.7 Bijur delimon
14.3.8 Groeneveld Group
14.3.9 Lubecore
14.3.10 Lubrite Industries
14.3.11 Oil-Rite
14.3.12 Pricol
