A grease gun is a tool that adds lubricating grease to the bearings of the operating parts of equipment for equipment maintenance. It usually consists of four parts: the handle, gun head (oil nozzle), gun barrel, and handle. The grease gun has many advantages such as simple operation, convenient carrying, and wide range of use, and is an essential tool for agricultural machinery operators and maintenance centers.
Overview of Market Development
In recent years, with the rapid development of global industries such as automobiles and machinery, as well as the overall acceleration of industrialization, the demand for grease guns in the market has greatly increased, and the market size has steadily grown. According to our research data, the global grease gun market size was $287 million in 2023, an increase of 3.46% compared to 2022. It is expected that the market size will continue to increase to $338 million by 2028.
Segmented Market Analysis
From the perspective of product types, according to the different power sources, grease guns can usually be divided into three categories: pneumatic grease guns, manual grease guns, and electric grease guns. Among them, electric grease guns dominate the market. The data shows that the global electric grease gun segment market size in 2023 was $233 million, with a market share of 81.18%.
From the perspective of downstream application patterns, grease guns are widely used for the maintenance of automobiles, lawnmowers, chainsaws, and factory equipment. Among them, the maintenance field of automotive components was its largest downstream application market, with an application share of 43.21% in 2023.
Global Grease Gun Market Size Forecast and Market Segment Analysis
Source: www.globalmarketmonitor.com
Market Analysis of Major Regions/Countries
From a regional perspective, the global grease gun market is mainly concentrated in North America, Europe, and the Asia Pacific region. Among them, North America is the largest revenue market. The data shows that the North American grease gun market size in 2023 was $110.50 million, with a market share of 38.55%. From a national perspective, the US, the UK, Germany, and China hold a significant share of the global market. In addition, countries such as Japan and India are also important components of the global grease gun market.
Global Grease Gun Market Size and Share by Region/Country in 2023
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Regions/Countries
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Market Size (Million USD)
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Market Share
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North America
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110.50
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38.55%
|
|
Europe
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72.33
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25.23%
|
|
China
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34.73
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12.12%
|
|
Japan
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16.13
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5.63%
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India
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10.85
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3.79%
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South America
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10.58
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3.69%
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Middle East & Africa
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6.34
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2.21%
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Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Grease Guns Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".
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