Industry 4.0 has ushered automation in each and every process of an organization. This includes “lubrication systems” as well. Though the growing requirement of effective maintenance and reliable machinery is the accelerator to automatic lubrication systems market, the self-lubricating thermoplastic gears hitting the market are expected to hamper the same market.
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Key Takeaways from the Automatic Lubrication Systems Market Study
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Automatic Lubrication Systems Market: Structure to look for
The key players in the automatic lubrication systems market include Pricol Limited, Lubrite Industries, Oil-Rite Corporation, LUBE Corporation, ILC Srl, H-T-L Perma USA, LP, CENLUB SYSTEMS, Advanced Fluid Systems, Dropsa USA, Kluber Lubrication, Graco Inc., The Timken Company, and SKF.
The players are moving towards inorganic expansion to gain a competitive edge over one another. For instance – Graco, Inc., in Jan 2020, did launch Compact Dyna-Star (CDS), and automatic lubrication system designed to address heavy-duty earth-moving machines that need to be used in extreme conditions. Of late, Schaeffler introduced “CONCEPT1”, a single-point automatic lubrication system in the US.
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