openPR Logo
Press release

Robotics Lubricants Market Size, Growth, Industry Analysis By Forecast 2028

09-23-2023 07:40 PM CET | IT, New Media & Software

Press release from: Premium Market Insights

/ PR Agency: Premium Market Insights
Robotics Lubricants Market Size, Growth, Industry Analysis

According to Premium Market Insights new research study on "Robotics Lubricants Market size is expected to grow from US$ 3,413.72 million in 2022 to US$ 6,095.41 million by 2028; it is estimated to register a CAGR of 10.1% from 2022 to 2028.

Get a Sample Copy of This Report@

Some Of the Major Players Influencing are Miller-Stephenson Inc, Shell International BV, Fuchs, Petrolub SE, BP Plc, Idemitsu Kosan Co Ltd, Chemie-Technik GmbH, Anand Engineer Pvt Ltd, Kluber Lubrication GmbH & Co KG, and Schaeffler Austria GmbH are among the key players operating in the robotics lubricants market. These players engage in developing affordable and innovative products to meet the rising customer demands and expand their market share.

Robots are capable of performing repetitive and difficult tasks, ensuring high speed and operational efficiency. They are extensively used in the manufacturing sector to boost productivity and economic growth, increase precision levels, lower the risk of contamination, and improve safety. In industrial applications, robotics helps decrease labor costs and ensure increased operational efficiency. According to the report released by the International Federation of Robotics in 2022, the operational stock of industrial robots was computed at 3,477,127 units in 2021, a rise of 15% compared to 2020. The operational stock of industrial robots has been increasing by 14% on average each year since 2016. In 2021, 380,911 units of robots were installed in Asia, a rise of 38% compared to the 2020 level. Industrial robots are gaining the highest demand from end-use industries such as automotive and electronics original equipment manufacturers. The increase in the use of robots in end-use industries is attributed to the reduction in the average selling price of robots. Some automotive companies invest more than 60% of the lubricant budget on robots. Thus, penetration of robots in end-use industries can potentially create lucrative opportunities for the robotics lubricants market during the forecast period.

Inquiry Before Buying At:

Based on end use industry, the robotics lubricants market is segmented into automotive, food and beverage, medical and healthcare, electrical and electronics, metals, and other manufacturing industries. The automotive segment held the largest share in 2022. The electrical and electronics is expected to register the highest CAGR from 2022 to 2028. Robots in the electrical & electronics industry are designed to offer high speed, accuracy, and repeatability for a range of assembly, picking, and handling operations. Robotics lubricants include oils, greases, and vacuum pump fluids compatible and nonreactive with a broad range of O-ring materials, bearing, chains, compressor, and valves, thus extending service life and providing ease of assembly/disassembly of critical robotic components. Moreover, robotics lubricants used in the electronic industry are compatible with commonly used plastics, metals, and elastomers while enduring exposure to extreme temperature ranges, fuels, oxidizers, and radiation without degradation.

In terms of region, the robotics lubricants market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. In 2022, Asia Pacific held the largest share of the market and is estimated to register the highest CAGR from 2022 to 2028. The market growth in this region is mainly attributed to rapid industrialization.

Order a copy of this research study at-

The overall robotics lubricants market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. Participants in this process include VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the robotics lubricants market.

Table Of Contents

1.1 Study Scope

1.2 Research Report Guidance

1.3 Market Segmentation

1.3.1 Robotics Lubricants Market, by Base Oil

1.3.2 Robotics Lubricants Market, by Product Type

1.3.3 Robotics Lubricants Market, by End Use Industry

1.3.4 Robotics Lubricants Market, by Geography

Key Takeaways
Research Methodology
3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

Robotics Lubricants Market Landscape
4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Intensity of Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Ecosystem Analysis

4.3.1 Raw Material Suppliers

4.3.2 Robotics Lubricants Manufacturers

4.3.3 Distributors/Suppliers

4.3.4 End-Use Industries

4.4 Expert Opinion

4.5 Premium Insights

4.5.1 Robotics Technology - Global Market Overview and Forecast to 2028 Robotics Technology Market - Technology Insights

Robotics Lubricants Market - Key Market Dynamics
5.1 Market Drivers

5.1.1 Increasing Demand for Robotics Lubricants from Automotive Industry

5.1.2 Rising Preference for Robot Greases in End-use Industries

5.2 Market Restraints

5.2.1 Volatility in Prices of Raw Materials

5.3 Market Opportunities

5.3.1 Penetration of Robotics in Manufacturing Sector

5.4 Future Trends

5.4.1 Adoption of Synthetic Oil-Based Robotics Lubricants

5.5 Impact Analysis of Drivers and Restraints


Contact Us:
If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-
Contact Person: Ankit Mathur
Phone: +1-646-491-9876

About Us:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost-effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.
Premium Market Insights has an extensive coverage of industry reports, company reports and country reports across all industries. In case your research needs are not met by syndicated reports offered by leading publishers, we can help you by offering a customized research solution by liaising with different research agencies saving your valuable time and money.
We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Robotics Lubricants Market Size, Growth, Industry Analysis By Forecast 2028 here

News-ID: 3220518 • Views: 548

More Releases from Premium Market Insights

Automotive Fabric Market Expectations & Growth, Trends Highlighted Until 2022 to 2030
Automotive Fabric Market Expectations & Growth, Trends Highlighted Until 2022 to …
The global automotive fabric market size was valued at US$ 41,513.83 million in 2022 and is projected to reach US$ 60,722.34 million by 2030; it is expected to grow at a CAGR of 4.9% from 2022 to 2030. The report additionally focuses on world major leading industry players of this market providing information like company profiles, product picture, and specification, capacity, production, price, cost, revenue, and contact information. This report focuses
Identity Verification Market Introduction, Definition, Demand, Opportunities, Future Plans and Industry Scope by 2022 to 2030.
Identity Verification Market Introduction, Definition, Demand, Opportunities, Fu …
The identity verification market size is expected to grow from US$ 9.16 billion in 2022 to US$ 31.95 billion by 2030; it is estimated to record a CAGR of 16.9% from 2022 to 2030. The "Identity Verification Market forecast 2030 report analyses the present and future competitive scenario of the analytics industry. Identity Verification Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a
Companion Animal Diagnostics Market Scenario & Prominent Key Players Analysis 2022 to 2030
Companion Animal Diagnostics Market Scenario & Prominent Key Players Analysis 20 …
The companion animal diagnostics market is expected to grow from US$ 3,139.74 million in 2022 to US$ 6,303.87 million by 2030; it is anticipated to record a CAGR of 9.1% from 2022 to 2030. The report titled "Companion Animal Diagnostics Market 2022-2030" has recently been added by Premium Market Insights to induce a stronger and more effective business outlook. It provides associate in-depth analysis of the various attributes of the industry,
Electronic Shelf Label Market Best Workable Strategy That Will Help to Boost your Revenue Till 2022 to 2030
Electronic Shelf Label Market Best Workable Strategy That Will Help to Boost you …
The Electronic Shelf Label Market size was valued at US$ 2.20 billion in 2022 and is expected to reach US$ 8.37 billion by 2030. The electronic shelf label market is estimated to record a CAGR of 18.2% from 2022 to 2030. Electronic Shelf Label Market 2022 - 2030 report offers insights into the newest growth and trends. It summarizes crucial aspects of the market, with target on leading key player's areas that

All 5 Releases

More Releases for Robot

Robot Pet Care Market 2022 Precise Outlook|Litter-Robot, Hexbug, CatGenie - Petn …
The Robot Pet Care Market report is a great source of insightful data for business strategists. It gives an overview of the industry, as well as growth projections and historical and forecasted cost, revenue, demand, and supply statistics (as applicable). The research experts provide a detailed overview of the value chain as well as a study of its distributors. The Robot Pet Care Market analysis contains in-depth information that will
Cyber Security in Robotics Market to 2027 - Global Analysis and Forecasts by Com …
Cybersecurity concerns have been most important for industrialists. Fast progress made by robotics in our day to day lives is creating a strong automation effect in a wide-ranging range of grounds. With every passing day, the abilities of robotics have innovated from the installation of new control systems and manipulators, new sensors, and power supply systems. Robotic process automation (RPA) is growing popularity in cybersecurity in robotics. Organizations are looking
Robotic Polishing Machine Market Size 2019 - Logen Robot, DANBACH ROBOT, MEPSA
Robotic Polishing Machine Market Research Report Formulates with historic data up to 2019 and gives a forecast for 2019-2024. The report gives a comprehensive outlook of the market including the current market status, historic, and expected way forward for the global Robotic Polishing Machine market. The report inspects market size, key trends, technologies, challenges, product scope, industry revenue, and growth opportunities. The report delivers data on the drivers and restraints
Flexiv Ushers In 3rd Gen Robot With Launch Of Adaptive Robot Arm
• Product launch of world’s first adaptive robot at Hannover Messe 2019 • Broader set of task applications - can be applied to different scenarios and industries, even in uncertain environments • Bottom-up innovation and all-inclusive robot design for great adaptivity • Proprietary force control and AI technology from top AI and robotics researchers HANNOVER, Germany, April 2, 2019 – Flexiv Ltd. today ushered in a new generation of industrial robot with the launch of
Robotics Market by Data Type (Automotive Robot, Mobile Robot, Industrial Robot, …
Global Robotics Market was valued at USD 46.18 Billion in the year 2017. Global Robotics market is further estimated to grow at a CAGR of 13.52% from 2018 to 2023 to reach USD 112.6 billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and North America market is considered as the fastest growing market in the forecasted period. At country level China, Japan and India
Pipeline Robot Market Competitive Strategies of Key Manufacturers: Diakont, Trio …
The qualitative research study conducted by HTF MI titled “Global Pipeline Robot Market Research Report 2018” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Pipeline Robot market. The study provides forecasts for Pipeline Robot investments till 2022. If you are involved in the Pipeline Robot industry or intend to be, then this