Global Industrial Grease Guns Market 2018-2022: Manufacturers Increasing Functionality with Hybrid Grease Guns - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 9, 2018--The “Global Industrial Grease Guns Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global industrial grease guns market to grow at a CAGR of 2.96% during the period 2018-2022.
Global Industrial Grease Guns Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. This market research report offers a comprehensive analysis of the market segmentation by product (manual, battery-powered, and pneumatic).
Industrial grease gun manufacturers are offering hybrid grip grease guns with both pistol and lever grips, to increase their functionality. The pistol grip can be used for single handed operation and the lever grip can be used for applications where high discharge rate is required. Thus, the introduction of hybrid grip grease guns will be a key trend that will be responsible for the growth of the industrial grease guns market during the forecast period.
According to the report, one of the major drivers for this market is the increasing adoption of battery-powered grease guns among industries. These grease guns can produce consistent output of grease in every stroke and takes less time to apply grease on multiple points. This saves significant time and money for industries, leading to increased adoption and consequently the growth of the industrial grease guns market.
Further, the report states that one of the major factors hindering the growth of this market is the availability of numerous vendors selling cost-effective grease guns. The global industrial grease guns market is highly fragmented with several regional players manufacturing and selling these guns. Established vendors are offering battery-powered grease guns due to its higher profit potential than manual grease guns. Thus, the high competition in this market is affecting industrial grease guns market growth.
Key vendorsBijur Delimon Ingersoll Rand Makita Stanley Black & Decker Techtronic Industries SKF
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Product
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/tghwf7/global_industrial?w=4
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Related Topics:Lubricants and Greases
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 10/09/2018 01:40 PM/DISC: 10/09/2018 01:40 PM