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Based on equipment type, the market is segmented into catwalk systems, dispensing consoles, pit covers and safety nets, food stools, computer console, cord reels, oil filter racks and others (pumps, def equipments, etc.). The catwalk systems segment dominated the market in 2023, generating a revenue exceeding USD 4.9 billion, and is expected to reach USD 6.4 billion by 2032. This growth can be attributed to the versatility of these systems.
These systems provide technicians with secure and easy access to various parts of vehicles, significantly reducing the risk of workplace injuries while simultaneously improving the speed and efficiency of oil changes and other quick lube services. The ability to accommodate a wide range of vehicle sizes and types makes catwalk systems a practical choice for facilities servicing diverse customers.
Based on vehicle type, the U.S. quick lube equipment market is classified into passenger vehicle and commercial vehicle. Passenger cars dominated the market in 2023, with revenue exceeding USD 10.2 billion, and is expected to reach USD 14.6 billion by 2032. This growth can be attributed to the continued reliance on personal vehicles for transportation in many parts of the country has led to a steady increase in the number of passenger cars on the road.
This large and growing vehicle population creates consistent demand for regular maintenance services, including oil changes. Additionally, modern cars are becoming more complex, with specialized fluids and maintenance requirements, necessitating professional servicing, which further grows the market.
U.S. quick lube equipment market share had reached USD 16.5 million during 2020 and could witness a steady 4% CAGR over 2021-2027 due to increase in spending on passenger vehicle maintenance.
Devon Lube Industries, American Lubrication Equipment Corporation, LSI Engineered Products, TSS Inc. and Unilube Systems, Ltd. are some of the major quick lube equipment companies in the U.S.
Passenger vehicle segment could be more than USD 16.5 million by 2027 as consumers are able to enjoy easier and convenient maintenance.
The U.S. dispensing console equipment market share is anticipated to hit the USD 3.5 million mark by 2027 with advantages like cost-effectiveness and safe management of lubricants.