Lubrication Equipment Market Projected to Reach USD 11.5 Billion by 2033
According to Research Intelo, the lubrication equipment market was valued at USD 7.2 billion in 2024. The market is projected to reach USD 11.5 billion by 2033, expanding at a CAGR of 5.4% during the forecast period.
This sustained growth trajectory is driven by rising industrial activity, expanding machinery installations, increasing automation across manufacturing environments, and a growing emphasis on preventive and predictive maintenance practices.
Source: https://researchintelo.com/rep....ort/lubrication-equi
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