Global Automatic Lubrication System Market Forecast Period 2018-2025: Top Global Players The Whitewave Foods Company, Kite Hill, Oalty, Blue Diamond Growers, Earth’s Own Food Company Inc., Sunopta, Pureharvest, Pacific Foods Of Oregon, Inc.

Global Automatic Lubrication System Market shows the continuous and positive improvements in significant Area’s like North America, Europe, Asia-Pacific, South America, Middle East and Africa. Global Automatic Lubrication System Market report includes historic data, present market trends And End User Demand, environment, technological innovation, upcoming technologies and the technical progress in the Healthcare industry.

Major Players: Global Automatic Lubrication System Market

Some of the major players operating in the market are KLÜBER LUBRICATION MÜNCHEN SE & CO. KG, SKF, ATS ELECTRO-LUBE INT’L INC, Baier+ KöppelGmbH + Co. KG,  THE TIMKEN COMPANY , BijurDelimon, CENLUB SYSTEMS , GRACO INC., I.L.C. S.R.L., KRS MULTILUB PVT. LTD, LUBRICATION ENGINEERS, INC., OIL-RITE CORPORATION, Perma-tecGmbH & Co. KG, SAMOA, SIMATEC AG, WOERNER,  and others.

Global Automatic lubrication system market is expected to register a healthy CAGR of 4.7% in the forecast period of 2018 to 2025.

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Drivers: Global Automatic Lubrication System Market

FASTER OPERATION THAN MANUAL LUBRICATION SYSTEMS

Lubrication is a crucial part of machinery maintenance for approximately every single production facility. Usually, lubricant buying amount is only 3% of the maintenance budget, but lubrication-related actions influences about 40% of over-all maintenance costs. In order to achieve the ideal consistency and better benefits from a lubrication system, numerous factors need are taken into consideration such as applying right method, at the prefect time, and also maintaining right quantity, selection of right lubricant, and right point of time.

For instance, in 2018, SKF (Sweden) expanded its business in Sweden region by opening a new grease filling filter for automatic lubrication system. This grease filling filters are used to reduce the contamination during the filling process in small reservoirs. Hence, reduces the manual work and increase the lubrication system optimization.

EFFECTIVE LUBRICATION WITH AUTOMATIC LUBRICATION SYSTEMS

The rapid industrialization has arisen with the requirement of stable power supply with automated lubrication system. The automated lubrication system provides demand-sensitive pricing strategies with emphasis on effective human error. As the demand of automated lubrication systems is rising, this in turn has enhanced the demand for greases and oils. Most of the industries had grasped automated lubrication systems for satisfying their end user requirements.

For instance, in 2016, ATS Electro- Lube (Canada) expanded its business in Powerful Lubrication Systems for industrial applications and motor driven automatic lubricator. It can able to produce heavy duty lubrications applications with 900PS.

LABOR COST CAN INCREASE DUE TO THE ADOPTION OF AUTOMATIC LUBRICATION SYSTEMS

The automatic lubrication systems are becoming increasingly important and are seen as the replacement for the manual lubrication system. But it increases the labor cost because many of the industries had grasped automated lubrication systems for fulfilling their client’s products requirements.

The low cost and energy backup are the major key factors for the stardom of the automatic lubrication system. Hence, as the price of equipment such as metering valves, pumps, hoses, is decreasing and the use of remote sensing technologies sources is increasing the automatic lubrication system are becoming more viable for even economically low investment end user industry.

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RISING FOCUS ON WORKER SAFETY

In this rapid developing era, the automatic lubrication system is also updating with the new technologies. The manual lubrication is gradually decreased due to automatic lubrication system. Although, automatic lubrication system is more preventive, and safety measured. An automatic lubrication system provides fresh and clean lubricants at right time that will prevents from bearing failure in various equipment’s in industries.

In April 2018, SKF (Sweden) introduced the Lincoln Industrial (U.S.) mechanical grease overflow prevention system. It is designed to prevent from hazardous conditions from reservoirs overfilling. The flow master reservoir products are improving worker safety and minimizes environmental concerns. For instance, in 2015, BIJUR DELIMON (U.S.) expanded its business by launching Electric Barrel Pump & Cartridge Lube Pump. This product offers features such as progressive, injector, direct, and even dualine. It is applicable in mobile or stationary equipment applications.

Restraint:

CONSTRAINTS WHILE SELECTING PROPER LUBRICANT SELECTION

Although automatic lubrication system has many advantages but selecting proper lubrication system is limiting factor. The automatic lubrication system not only requires more than just a remote application backup but also needs qualified engineers and people for the installation of the system. Even though the automatic lubrication system is cost efficient, the installation may be more costly.

The emerging countries such as Indonesia, Brazil, and Thailand as well as various end user industries are lacking from the advantages of automatic lubrication system due to the lack of policies and investments as they cannot afford the huge costs for the application of automatic lubrication systems. The basic need for planning basis in such regions is ignored and hence they lack from the use of it. The automatic lubrication is profitable solution for the lubrication system need in the short run but due to the manual lubrication system associated with the process makes it less attractive here.

LACK OF AWARENESS AMONG END-USER INDUSTRIES

The use of automatic lubrication system has been seen from many years, but it is observed that huge amount of people remains unclear about the concept and unconvinced regarding centralized lubrication system. They are simply refusing the automatic lubrication system by showing variety of demerits, reasons and cons, waiting for more inspirational impact and data to support the operations. A lack of awareness of the actual return on investment system installations provide is prevalent. Even more effective is that those that have systems don’t understand why anyone would resist their use.

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OPPORTUNITIES:

OPPORTUNITIES FOR AUTOMATIC LUBRICATION SYSTEM MANUFACTURES DUE TO PRODUCT INNOVATIONS

Although the innovation cost is more, still many of the industries are still innovating automatic lubrication system, and this number is increasing day by day. This deployment of automatic lubrication is rapidly catching up worldwide.

The emerging regions such as Asia-Pacific, Africa, and Latin America are booming with the installations of automatic lubrication system. The manufacturing has been the main driver for the growth of automatic lubrication system in emerging regions. The automatic lubrication system is gradually manufacturing and design to meet the needs of individuals in application and sometimes it offers multiple assets that much more near to proximity. So, before selecting the device, few items and terms are needed to considerations for better results.

INTEGRATION OF REMOTE MONITORING WITH AUTOMATIC LUBRICATION SYSTEMS

The remote monitoring is becoming increasingly important and is seen as the upgradation for the automatic lubrication system. It has been observed that the end user industry put focus on better performance in distribution of oil and grease into its channel with a low cost and smart technology solution. This smart technology solution is able to manage the automatic lubrication system with the latest internet sources/ hardware Ethernet, wireless connectivity, cellular technology, internet of things and android systems that helps in generating more productivity.

While remote monitoring can greatly contribute to cost savings and better-quality operations, there are considerations that must be addressed of ensure the security and practicality of executing a remote monitoring system. Also required are definitions of what data can be accessed and by whom, and, most critically, what remote control options the increasing availability of wireless technology in the industrial areas access the remote monitoring conditions is more proficient and effective and its provide better results in accuracy also.

CHALLENGES: Global Automatic Lubrication System Market

INFLUENCE OF WEATHER CONDITIONS ON PERFORMANCE OF LUBRICATION SYSTEM

The designing of automatic lubrication system is a complex process and need a certified instructor or engineer for the complete manufacturing of the oil and grease lubrication system. The main task is to ensure the stable operation of automatic lubrication system during tough weather conditions such as corrosion.

The monitoring of automatic lubrication system in the stainless metering devices, valves, single line parallel is more complicated. The installation of the prototype and connected lubricator devices may be defined as the methodical approach that can be solved only by the design engineers or the technicians. This service and support can be costly and handle the harsh weather conditions.

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Market Trends:

  • On the basis of lubrication type, the market is segmented into oil based lubrication system, grease based lubrication system.
  • On the basis of actuator, the market is segmented into pneumatic, electrical.
  • On the basis of vehicle, the market is segmented into trucks and trailers, construction machines, agricultural machines, food conveyors and others.
  • On the basis of system type, the market is segmented into single line lubrication system, dual line lubrication system, multiline lubrication system, series progressive lubrication system, circulating oil lubrication system, oil and air lubrication system.
  • On the basis of components, the market is segmented into pump, controller, supply line, metering valve, feed lines, tube, hoses, pipes, fittings and clamps, connectors.
  • On the basis of industry, the market is segmented into manufacturing, steel, cement, transportation, construction, agriculture, mining, power and others.

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Posted by on Friday January 18 2019, 11:31 AM EDT. All trademarks acknowledged. Filed under Chemicals & Materials, Featured Press Release, Technology Hardware & Equipment. Comments and Trackbacks closed. Follow responses: RSS 2.0

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