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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Automotive Central Lubrication System Market
Request Now !The automotive central lubrication system is used to deliver precise amounts of grease to the moving parts in a car such as bearings, which minimizes friction and maintenance costs. Lubrication system often helps in achieving higher efficiency and reduces the functioning time of the engine, as oils helps the engine to work without ceasing. Automatic lubrication ensures that greasing is applied on the bearings, which significantly improves the vehicle life. Furthermore, the automated lubrication system allocates the required amount of oil for each bearing, which reduces the energy and improves the efficiency. Therefore, the increasing demand for higher efficiency is expected to drive the growth of the global automotive central lubrication system market in the near future.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value (USD) |
Segments covered | Lubrication Type, Component Type, Actuator Type, Vehicle Type and Region |
Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa |
Companies covered | The major players analyzed in the report include Samoa Group, Pricol Technologies, Auto Mat Lub Systems, Weidong Woodoo, SKF AB, Graco Inc, Groeneveld Group B.V, Cenlub Systems, Vogel AG and Beka-Lube Products Inc. |
Increase in demand for fuel efficient automobiles around the globe, high cost of manual lubrication, and increase in inclination of consumers toward public transportation are driving the growth of the market. However, rise in concerns related to the environment hazards associated with mineral oil is expected to hamper the growth of the market. On the contrary, introduction of advanced different synthetic lubricants is anticipated to create an opportunity for the market investments.
The global automotive central lubrication system market trends are as follows:
The demand for fuel efficient and automated vehicles is on an upsurge mainly due to increase in environmental pollution level. In addition, fuel-efficient vehicles reduce the maintenance cost and improves effectiveness of the vehicle by reducing frictional force in bearings. For instance, Samoa group is improvising designs of the automotive components such as pump and valves, which enables the free flow of lubrication across the system in an appropriate amount. Therefore, increase in demand for fuel-efficient automobiles is expected to boost the growth of the automotive central lubrication system market.
Key segments covered:
Segments | Sub-segments |
Lubrication Type |
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Component Type |
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Actuator Type |
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Vehicle Type |
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Region |
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Key benefits of the report:
Questions answered in the global automotive central lubrication system market research report:
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