Market Overview:
The Global Grease Meter Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for grease meters in various applications such as grease guns, grease dispensing valves, and others. In addition, the growing demand for electronic meters over mechanical meters is also contributing to the market growth. However, the high cost of electronic meters may restrain the market growth during the forecast period.
Product Definition:
A grease meter is a tool that is used to measure the amount of grease in a particular area. This tool can be used to help determine how much cleaning needs to be done or if there is an issue with the amount of grease present in an area.
Mechanical Meters:
Mechanical meters are used to measure the viscosity of lubricants. They are also known as torque measurement instruments, and they display readings in terms of torque (in either oz-in or ft-lb) which is derived from their ability to measure rotation speed. The most common types of mechanical meters used for grease measurement include astatic type and rotary vane type.
Electronic Meter:
An electronic meter is a device used for measuring the quantity of liquid in bulk or individual containers. It is an instrument that helps to measure electric energy and electrical current. The basic function of an electronic meter is to turn on and off according to the demand from consumers, this allows it to be used as a functional equivalent of a mechanical lever which can sense the rate at which it is being actuated by various load factors.
Application Insights:
The others segment includes automotive, industrial and other applications. The demand for the product is expected to increase in the automotive sector as a result of its increasing use in lubrication systems, valve operation and seals maintenance. In addition, growing awareness regarding oil change intervals will drive the segment further.
Grease dispensing valves are used for lubricant distribution on a large scale across several industries including food processing and metalworking. These valves are compact in design with an integrated dispensing system that eliminates human errors during lubricant application while maintaining hygiene standards at different manufacturing facilities or plants around the world.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of numerous automotive manufacturers in China, Japan, India and South Korea coupled with increasing automobile production worldwide is anticipated to drive demand for grease metering devices in this region. Moreover, growing industrialization along with rising awareness regarding energy conservation will further propel product demand.
Europe was the second-largest regional segment accounting for a share of more than 25% owing to stringent government regulations pertaining lubricant usage coupled Grease Management Plan by Environment Agency (EA) introduced by UK Government back in 1991 which has mandated operators of large companies as well as manufacturing facilities to monitor their oil & gas consumption and greases accordingly under Petroleum Environmental Management (PEM). This regulatory move has resulted into increased adoption rate mechanical meters across Europe especially within larger organizations that have greater resources at their disposal thus enabling them Grease Meter Manufacturers access advanced technology products thereby driving growth over last few years.
Growth Factors:
- Increasing demand from the automotive and transportation industry for accurate and reliable grease measurement
- Growing popularity of preventive maintenance practices in industrial sectors
- Proliferation of automated systems in manufacturing facilities that require regular lubrication
- Rising awareness about the benefits of using grease meters for effective lubrication management
- Technological advancements that have led to the development of more sophisticated and user-friendly grease meter devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Grease Meter Market Research Report
By Type
Mechanical Meters, Electronic Meter
By Application
Grease guns, Grease dispensing valve, Others
By Companies
Assalub, Skf, Trico, Alemite, OilSafeSystem, Winner Lubrication, Alentec＆Orion AB, Liquidynamics, Redashe, Assalub
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Grease Meter Market Report Segments:
The global Grease Meter market is segmented on the basis of:
Types
Mechanical Meters, Electronic Meter
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
Grease guns, Grease dispensing valve, Others
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:
- Assalub
- Skf
- Trico
- Alemite
- OilSafeSystem
- Winner Lubrication
- Alentec＆Orion AB
- Liquidynamics
- Redashe
- Assalub
Highlights of The Grease Meter 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:
- Mechanical Meters
- Electronic Meter
- By Application:
- Grease guns
- Grease dispensing valve
- Others
- 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 Grease Meter 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?
A grease meter is a tool used to measure the amount of grease in a system.
Some of the key players operating in the grease meter market are Assalub, Skf, Trico, Alemite, OilSafeSystem, Winner Lubrication, Alentec＆Orion AB, Liquidynamics, Redashe, Assalub.
The grease meter market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Grease Meter 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 Grease Meter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Grease Meter 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 Grease Meter 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 Grease Meter Market Size & Forecast, 2020-2028
4.5.1 Grease Meter Market Size and Y-o-Y Growth
4.5.2 Grease Meter Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Mechanical Meters
5.2.2 Electronic Meter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Grease guns
6.2.2 Grease dispensing valve
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Grease Meter 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 Grease Meter 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Mechanical Meters
9.6.2 Electronic Meter
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 Market Size Forecast by Applications
9.10.1 Grease guns
9.10.2 Grease dispensing valve
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Mechanical Meters
10.6.2 Electronic Meter
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 Market Size Forecast by Applications
10.10.1 Grease guns
10.10.2 Grease dispensing valve
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Mechanical Meters
11.6.2 Electronic Meter
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 Market Size Forecast by Applications
11.10.1 Grease guns
11.10.2 Grease dispensing valve
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Mechanical Meters
12.6.2 Electronic Meter
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 Market Size Forecast by Applications
12.10.1 Grease guns
12.10.2 Grease dispensing valve
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Mechanical Meters
13.6.2 Electronic Meter
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) Market Size Forecast by Applications
13.10.1 Grease guns
13.10.2 Grease dispensing valve
13.10.3 Others
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 Grease Meter Market: Competitive Dashboard
14.2 Global Grease Meter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Assalub
14.3.2 Skf
14.3.3 Trico
14.3.4 Alemite
14.3.5 OilSafeSystem
14.3.6 Winner Lubrication
14.3.7 Alentec＆Orion AB
14.3.8 Liquidynamics
14.3.9 Redashe
14.3.10 Assalub
