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The U.S. quick lube equipment industry is fragmented, with prominent players, such as Lincoln Industrial, Graco Inc., Alemlube USA, JohnDow Industries, Inc. and Balcrank Corporation holding a market share of 6-8%. These companies dominate the market due to their research and development capabilities, diverse services offered which has increased the brand visibility.
Major players operating in the U.S. quick lube equipment industry include:
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.