The global quick lube equipment market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2021-2027). One of the major factors contributing to the growth of the market is the rise in the number of quick lube change sites. Multiple companies such as Valvoline Inc., Shell, ReadyAssist, and others are participating to grow the numbers of these sites which are equipped with quick lube equipment and lubricants. Some of these centers also offer quick services and repairs as well.
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For instance, in September 2021, Shell, a lubricant supplier, partnered with the Bengaluru-based roadside assistance startup ReadyAssist to offer a convenient quick oil change service across India. This partnership planned to make 5,500 third-party retail locations in the country where customers can avail free lube change service for their vehicles by purchasing Shell lubricant with no charge for changing lubricant. It also provides paid services such as quick period service, on-spot breakdown support, and towing. Moreover, in December 2020, Valvoline Inc., a supplier of lubricants and automotive services, announced its plans to acquire 27 quick-lube locations that expanded its service center across the US. These service centers are equipped with quick lube equipment and lubricants. The company signed a definitive agreement with Car Wash Partners, Inc. to purchase 27 Mister Oil Change Express® locations in seven states to rebrand them as Valvoline Instant Oil Change (VIOC) centers. Out of 27, 15 will be owned and operated by the company, and 12 will be owned and operated by the VIOC franchise.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Equipment Type
- By Vehicle Type
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including American Lubrication Equipment Corp., ATS ELGI, Graco Inc., Lube-Tech, SENECA COMPANIES, and others.
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Quick Lube Equipment Market Report Segment
By Equipment Type
- Catwalk Systems
- Dispensing Consoles
- Pit Covers & Safety Nets
- Computer Console
- Others (Foot Stools and Oil Filter Racks)
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
Quick Lube Equipment Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- C&A Equipment Service
- DEVON Industries, Inc.
- EUROLUBE EQUIPMENT AB
- Guangzhou Balance Machinery Co. Ltd.
- LSI Engineered Products
- Lube Equip Inc.
- Modulube
- Oil Lube Systems Pvt Ltd.
- SVI International, inc.
- TSS
- Unilube Systems
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