Dec 6, 2018   SOURCE: BusinessWire

Global Automatic Lubrication System Markets to 2023: Analysis by Lubrication Type, Technology, Industry Vertical and Geography - ResearchAndMarkets.com

The "Automatic Lubrication System Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The automatic lubrication system market is projected to grow at a CAGR of 3.77% over the forecast period of 2017-2023.

Increasing investment in industrial automation and long-term cost-effectiveness of these systems are the major factors driving the demand for automatic lubrication system market. In addition, increasing focus on improving worker safety will further propel the growing demand for these systems.

However, limited awareness regarding the advantages of automatic lubrication amongst end users will restrict the growing demand for these systems.

By industry vertical, the automatic lubrication system market has been segmented as energy and power, oil and gas, manufacturing, construction, automotive and others.

The automotive industry held a significant market share in 2017 owing to increasing investment in factory automation and rising demand for automotive worldwide. In the automotive industry, these systems are mostly used for the lubrication of pumps, electric motors and pumps.

The energy and power industry is expected to grow at an impressive rate owing to increasing investment to harvest renewable energy throughout the forecast period.


Companies Profiled

  • Can-Serv Inc.
  • Interlube Limited (Subsidiary of The Timken Company)
  • Cenlub Systems
  • Valin Corporation
  • Groeneveld Lubrication Solutions
  • Graco Inc.
  • Lincoln Industrial Corporation
  • JSG Industrial Systems Pty Ltd. (Subsidiary of John Sample Group)
  • SKF
  • Dropsa

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Automatic Lubrication System Market by Lubrication Type

6. Automatic Lubrication System Market by Technology

7. Automatic Lubrication System Market by Industry Vertical

8. Automatic Lubrication System Market by Geography

9. Competitive Intelligence