Effective
lubrication systems form an essential component of any lubrication
program by enabling customers to reduce consumption and energy
consumption. Lubrication systems provide essential amounts of
lubricants to minimize friction and wear & tear in moving parts
of machinery. These systems are widely used in industrial
applications to improve the productivity and reliability of machine
parts. With the advancement of technology several monitoring and
controlling systems have been developed which assists in further
increasing the reliability and performance of lubrication systems.
Essential parts within lubrication systems such as lubricant
reservoirs and lubricant injectors are generally monitored by alarm
systems. When the lubricant reservoir decreases or any unwanted flow
trend in noted an alarm signal is sent to the main controlling room.
The market for lubrication systems is anticipated to grow at a
substantial rate owing to its increasing usage in industrial and
automotive applications.
The
rapid industrialization in developing economies and requirement of
efficient lubrication systems in automobiles are the major drivers
for the lubrication systems market. Moreover, the reduction in the
wear and tear losses on use of lubrication system is another factor
driving the lubrication system market. The use of lubrication systems
reduces the cost involved in damage repair of the machine parts.
Energy efficiency initiatives taken by industrial groups and
environmental regulations are also essential driving forces
attracting investment in this market. Lack of awareness about the
presence and benefits of the lubrication systems among the end users
is one of the major restraints of lubrication systems market.
Increasing industrialization especially in Asia Pacific countries
such as China, India and Indonesia can act as the opportunity for the
lubrication systems market.
The
segmentation of the lubrication systems market can be done on the
basis of type, technology, end user industry and geography. On the
basis of type the lubrication systems market can be categorized as
manual, centralized and automated systems. The centralized and
automated lubrication systems are the dominant segments in this
category. On the basis of technology the lubrication systems can be
divided into dual line lubrication systems, single shot oil
lubrication systems, progressive lubrication systems, gear spray
lubrication systems, conveyor lubrication systems and multipoint
lubrication systems. Major end users of lubrication systems include
industrial machines, cement industry, steel and paper industry,
automobile, power and energy industries. The use of lubrication
systems by these industries protect their machineries against the
wear and tear caused due to the friction amongst the components.
Currently,
Europe is the major market for lubrication systems. The energy
efficiency measures and environmental regulations announced by
industrialized nations in this region is a major factor attracting
investment in the lubrication systems market. Several major
automobile companies also operate in Europe which further drives
investments in this market. North America also occupies a significant
market share of the global lubrication system market. The expanding
industrial economies of Asia Pacific are potential markets for the
lubrication system market. The growing demand of lubrication systems
from the automobile and the mineral processing segment is also
anticipated to account for a significant portion in Asia Pacific.
Industrialization activities in Latin America and Africa also provide
growth opportunities to the lubrication systems market.
Some
of the key players in the lubrication system market include companies
such as Cenlub Systems, SKF, Dropco Multilub Systems Private Limited,
and Lincoln Industrial Corp.
Enquiry
Before Buying :-
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4172
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4172
This comment has been removed by the author.
ReplyDeleteI did not know that Europe was ahead in the production or sale of lubrication systems. I would have assumed it was North America. Also, it makes sense that there is such a rapid development going on when it comes to lubrication systems because, as I've observed, the world seems to be becoming industrialized at an exponential rate. Thank you! Your article opened my eyes to new things.
ReplyDeletehttp://mightylube.com/conveyor-lubricants/
This comment has been removed by the author.
ReplyDeleteGreat informative post.Cooling tunnels maybe fabricated – two blowers force ambient or outside air in while drawing the heated air from the parts out the opposite end. Simply passing air over a part results in significantly faster cooling.
ReplyDeleteRead more information at:
Automated Paint Booths Belt Conveyor in Mumbai