Albany, NY -- (SBWIRE) -- 04/10/2019 -- The automatic lubrication system, also called the centralized lubrication system, is responsible for delivering a precise amount of lubricant at the appropriate time, even when the vehicle is running. It is widely utilized in construction equipment, mining equipment, and heavy trucks and buses. The automatic lubrication system comprises parts function synchronously in order to lubricate the components in motion, whenever needed.

Lubrication of parts located in critical areas of the vehicle, which is difficult for human being, lubrication while the vehicle is running, and reduced requirement of vehicle halts while lubrication are key advantages of the automatic lubrication system. Moreover, an automatic lubrication system reduces the wear & tear of components, leading to reduced maintenance, downtime, and replacement & maintenance cost. Furthermore, it delivers a measured amount of lubricant, reduces energy consumption, and increases vehicle performance and efficiency, which in turn is driving the global automotive automatic lubrication system market.

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The global automotive automatic lubrication system market is primarily restrained by its higher cost of installation. The automatic lubrication system comprises several electronic components, such as controller, which increases the total cost of the system.

The global automotive automatic lubrication system market can be segmented based on lubricant type, component, vehicle type, and region. In terms of lubricant type, the global automotive automatic lubrication system market can be bifurcated into oil and grease. Oil is an extensively utilized lubricant; however, grease is preferred for heavy trucks and equipment where components are subjected to high friction and energy due to the longer life of grease and hence, requires frequent lubrication.

Based on component, the global automotive automatic lubrication system market can be segregated into five segments. Reservoir with pump, metering valves and injectors, and supply lines are components in the system that transmit lubricants. A controller is utilized to control the timing of lubrication, in order to achieve proper and efficient lubrication of vehicle components. Based on vehicle type, the global automotive automatic lubrication system market can classified into two primary segments. Commercial vehicles, especially heavy commercial vehicles and buses, have several components where human interference is difficult, although possible but requires long time for lubrication. Therefore, the automatic lubrication system widely preferred for these vehicles.

In terms of region, the global automotive automatic lubrication system market can be segmented into five regions. North America has considerably large mining and agriculture industries coupled with a rapidly expanding construction industry, which has fueled the demand for heavy vehicles and equipment. Moreover, demand for advanced and automated technologies in rising across the region owing to high rate of adoption of advanced technologies in order to enhance vehicle efficiency and life. Higher per capita income of individuals coupled with increased awareness about advanced vehicle solutions is fueling the demand for automotive automatic lubrication system across the North America. Europe is another prominent market for automotive automatic lubrication system, which is likely to offer lucrative opportunities to the market, owing to the expansion of the construction industry in the region.

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Key players operating in the automotive automatic lubrication system market are Lubrication Technologies, Inc., Graco Inc., LINCOLN INDUSTRIAL CORP., Groeneveld Lubrication Solutions International, Cenlub Systems, Dropsa, Interlube Limited, Bijur Delimon, Pricol Limited, Mastratech, ATS Electro-Lube Int'l Inc., Airmatic Inc., and TecnoLubriSystem.