Lubrication Systems Market Share 2014 - 2022 oct 2016 | Page 2

Lubrication Systems Market

REPORT DESCRIPTION

Lubrication Systems Market - Global Industry Analysis, Size, Share, Growth Trends and
Forecast 2014 - 2022
Transparency Market Research has released a new market report titled Lubrication Systems Market - Global
Industry Analysis, Size, Share, Growth Trends and Forecast, 2014 - 2022.
The report defines and segments the global lubrication systems market, providing analysis and forecast of
the global revenue. According to the report, the global lubrication systems market was valued at USD
4,367.10 million in 2013 and is likely to reach USD 5,281.16 million by 2022, expanding at a CAGR of
2.14% between 2014 and 2022.
Browse Lubrication Systems Market Report with Full TOC at
http://www.transparencymarketresearch.com/lubrication-systems-market.html
The research study analyzes and estimates the market size in terms of market revenue (USD Million). The
report covers type, process, and end-user segments and provides region-wise data in terms of revenue.
The global lubrication systems market has been segmented on the basis of type into manual lubrication
systems and automated/centralized lubrication systems. Automated/Centralized lubrication systems
dominated the global lubrication systems market in 2013 owing to various factors such as reliability and
proper lubrication. Manual lubrication systems are mostly used for domestic purpose such as in local
service stations and in agricultural machines. The market share of manual lubrication systems is expected
to decline during the forecast period.
On the basis of process, the lubrication systems market has been segmented into dry sump lubrication and
wet sump lubrication. Dry sump lubrication systems are mostly used in applications wherein various
machines are to be lubricated using a single automated/centralized lubrication system. Industries such as
cement, steel, and hydrocarbons use dry sump lubrication. Wet sump lubrication is mostly used by the
automobile industry. More than 92% of the vehicles across the globe use wet sump lubrication.
End-users of lubrication systems include the cement industry, steel industry, paper industry, mining &
mineral processing industry, automobile industry, and other industries. In 2013, the lubrication systems
market was dominated by the other industries segment, which includes the marine, railway, and paper
industries. The mining & mineral processing industry segment is expected to exhibit the fastest growth
rate during the forecast period.
The research covers a comprehensive analysis of key players operating in the lubrication systems market.
Key participants in the global lubrication systems market include Graco Inc., Lube Corporation, Groeneveld
Groep B.V., SKF AB, Bijur Delimon, Castrol-Lubecon, Changzhou Huali Hydraulic Lubrication Equipment Co.,
Ltd., Changhua Chen Ying Oil Machine Co., Ltd., Equipment Technology Services, and Sloan Lubrication
Systems. The company profiles cover lubrication system manufacturers and distribution companies. This
report provides an overview of these companies, followed by their financial revenues (on availability),

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