Global Grease Guns Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Grease Guns Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A grease gun is used in most auto garages for lubrication. It applies lubricant on grease fittings through an opening to a specific point.

Market Overview:

The latest research study on the global Grease Guns market finds that the global Grease Guns market reached a value of USD 277.05 million in 2022. It’s expected that the market will achieve USD 346.6 million by 2028, exhibiting a CAGR of 3.8% during the forecast period.

Fierce Competition

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.

Reduce Costs

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.

Emerging Countries

For example, China, India are developing their industries, with the progress of economy and technology, also due to the increasing demand for Grease Guns, the market of Grease Guns has great market potential.

Region Overview:

Geographically, North America held the largest market share – 38.62% in 2022.

Company Overview:

SKF is one of the major players operating in the Grease Guns market, holding a share of 14.88% in 2023.

SKF

Since 1907, SKF has been the world's leading technology supplier. Their basic strength is the ability to continuously develop new technologies - and then use them to create products that offer customers a competitive advantage.

Stanley Black & Decker

Stanley Black & Decker, Inc. engages in tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as lawn and garden products and related accessories, and home products.

Segmentation Overview:

By type, Lever segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Factory Equipment and Machines segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Grease Guns market covered in Chapter 3:

Yamada Corporation
Makita
Stanley Black & Decker
OTC
Ingersoll Rand
Lucas Oil
JBS
Techtronic Industries
Zhejiang Tian Bo Industry and Trade
SKF
Legacy Manufacturing co
Caterpillar
Bijur Delimon
Pressol
Plews Edelmann
Alltrade Tools LLC

In Chapter 4 and Chapter 14.2, on the basis of types, the Grease Guns market from 2018 to 2029 is primarily split into:

Lever
Cordless
Pistol Grip
Air Powered
Hand Pump

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Grease Guns market from 2018 to 2029 covers:

Lawn Mowers
Chain Saws
Automobiles
Factory Equipment and Machines
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)