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Automotive Lubrication Services Market Size & Share, Analysis, Business Development Trends, High Growth and Forecast 2014-2020

11-16-2018 07:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Automotive Lubrication Services Market Size & Share, Analysis,

"The Report Automotive Lubrication Services Market: GCC Industry Analysis and Opportunity Assessment 2014 - 2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

The main objective of this report is to aid the user in understanding the market “ Automotive Lubrication Services” as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the report preparation. Those reading the report will be able to get a detailed understanding about the market. Industry experts have verified and checked the data and information that have been taken from credible sources like websites, annual reports of companies, journals, and other resources. In order give the facts and data a pictorial form, diagrams, graphs, pie charts, and other representations have been used. That augments the visual appeal of the report and makes understanding it much easier.

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Automotive lubrication services includes lubrication of all moving parts of automobiles by applying greasy or oily substance, so as to lessen the friction. Automotive lubrication services consist of services such as oil changes, and preventive maintenance. Some GCC companies in automotive lubrication services also provide services such as routine maintenance services, for instance, adjusting tire pressure, changing windshield wipers, replacing light bulbs, repairs, and topping off fluid levels. The automotive industry is in growth phase and also, GCC automotive aftermarket industry reached to US$ 7.5 billion in 2012.  Lubrication is very important for automobiles, without lubrication the automobile would consume more power and automobile parts may get damaged. Lubrication acts as a coolant, a noise-reducing cushion, and a sealant between engine piston rings and cylinder walls.  
Automotive lubrication services can be segmented by type and by application. On the basis of type it can be segmented as Boundary lubrication, Hydrostatic lubrication services, Fluid film lubrication services, Hydrodynamic lubrication services, Elastohydrodynamic lubrication services. On the basis of application it can be segmented as lubrication services for heavy vehicles and lubrication services for light vehicles. 
Automotive Lubrication services sector has growing market in GCC region. Growth in population over the past year has led to the increase in the number of vehicles on the road which automatically enable the growth of automotive lubrication services. Also it is found that people are generally using their cars for longer time   and this creates a vast segment of out-of-warranty vehicles requiring repairs, replacement parts and lubrication services. Other factors enhancing the growth of lubrication services market in GCC region are challenging economy, aging vehicle population, and increasing transportation. Total number of registered cars and pick-ups in the GCC are expected to record single-digit CAGR during the forecast period. Also the no. of busses and trucks was around 1 million 2014. 

Some major players in automotive lubrication services in GCC region are Chevron Corporation, Jiffy Lube, ExxonMobil Fuels & Lubricants, Royal Dutch Shell, Petromin, and Alhamrani-Fuchs Petroleum. These companies provide various innovative and technically superior services such as inspection and/or emissions testing, engine service (change and replace oil), drivetrain services in which old fluid is removed and replaced by new lubricating fluid, cooling system in which old antifreeze is removed from radiator and replaced it with new antifreeze, brake services, lubrication services for all moving parts of an automotive.
The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market types and application.
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Report covers exhaustive analysis on
• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
Regional analysis includes
• KSA
• UAE
• Oman
• Qatar
• Kuwait
• Bahrain
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps qualitative impact of various market factors on market segments and various geographies. 
Report Highlights:
• Detailed overview of parent market
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance
• Must-have  information for market players to sustain and enhance their market footprint

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