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Grease gun is a mechanical tool commonly employed in commercial and industrial usage, such as auto garages, industrial equipment, etc. Grease guns are used to apply lubricant in specific areas of an equipment through an aperture to ensure proper functioning. They come with standard hydraulic coupler that acts as a medium of passage for lubricants. However, 90-degree adapters, three-jaw swivel couplers, and needle-end adapters are some of the other couplers used along with them. 90-degree adapters are used for confined spaces wherein 90-degree bend is needed for application of lubricant. Needle-end adapters are used for thin and tight places, whereas three-jaw swivel couplers provide a variety of locking positions for different applications. A typical grease gun is retrofitted as grease gun meter in order to optimize lubricant consumption. Plastic caps are used to prevent corrosion.

The global grease guns market is anticipated to proliferate during the forecast period due to extensive application of the product in various industrial equipment and machineries. Additionally, increasing adoption of battery-powered grease guns is expected to contribute significantly t the growth of the market. Battery-powered grease guns provide lubricant in desired flow rate with high pressure and less effort. Furthermore, advent of the concept “Do It Yourself” across regions such as North America and Europe has augmented the demand for grease guns. Grease guns are widely used in residential applications. Moreover, emergence of e-commerce portals has boosted the selling of grease guns. However, inappropriate application of grease guns may lead to serious machine health risks such as damaged bearing seals, collapsed bearing shields, and environmental issues. Additionally, economic and regulatory policies, coupled with fluctuations in raw material prices, is anticipated to restrain the growth of the grease guns market during the forecast period.

The global grease guns market can be segmented based on product type, end-user, distribution channel and by geography. Based on product type, the grease guns market can be divided into lever-operated grease guns, cordless grease guns, hand pump grease guns, piston grip grease guns, and air powered grease guns. Lever-operated and hand pumps are the common types used globally owing to their affordability and wide range of residential applications that they support. These types of grease guns are primarily used for applying greases to lawn mowers, chainsaws, automobiles, etc. In terms of end-user, the global grease guns market can be classified into residential, commercial, and industrial usage. Commercial usage of grease guns are mainly in auto garages, while industrial usage includes usage in factory equipment and machines. According to distribution channel, global grease guns market can be segmented into online and offline. Online channels can further be segmented into company owned websites and third party websites whereas offline channels can be bifurcated into specialty stores, supermarkets & hypermarkets and departmental stores etc. Based on geography, global grease guns market can be segmented into North America, Europe, Asia Pacific, Middle East, and South America. North America and Europe constituted major share of the global grease guns market owing to wide application of grease guns in the residential segment. The concept of “Do It Yourself” is popular in these regions, boosting the demand for grease guns.

Prominent players operating in the global grease guns market include Bijur Delimon India Pvt Ltd. (India), Ingersoll Rand Inc. (Republic of Ireland), Makita Corporation (Japan), Stanley Black & Decker, Inc. (the U.S.), Techtronic Industries Company Limited (Hong Kong), AB SKF (Sweden), Lincoln Industrial Corp. (the U.S.), Milwaukee Tool.  (the U.S.), Locknlube (the U.S.) and Lucas Oil Products, Inc. (the U.S.). Players contest with each other with respect to new technologies, product designs, etc. to attain competitive edge in the market.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Grease Guns Market