The global Ball Screws market was valued at US$ 1559.3 million in 2020 and it is expected to reach US$ 2173 million by the end of 2027, growing at a CAGR of 5.5% during 2021-2027.
A ball screw is a mechanical linear actuator that translates rotational motion to linear motion with little friction. A threaded shaft provides a helical raceway for ball bearings which act as a precision screw. As well as being able to apply or withstand high thrust loads, they can do so with minimum internal friction. They are made to close tolerances and are therefore suitable for use in situations in which high precision is necessary.
The major players in global Ball Screws market include NSK, THK, SKF, etc. The top 3 players occupy about 35% shares of the global market. Japan and Europe are main markets, they occupy about 50% of the global market. Internal Circulation Ballscrew is the main type, with a share about 65%. Machine Tools and Injection Molding Machines is the main application, which holds a share about 45%.
Global Ball Screws Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Ball Screws Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Nsk, Thk, Hiwin, Skf, Bosch Rexroth, Tbi Motion, Schaeffler, Kuroda, Altra Industrial Motion, Kss, Pmi, Yigong, Issoku, Nidec Sankyo, Btp, Sbc, Huazhu, Koyo, Ozak, Donglai, Tsubaki Nakashima, Jiangsu Qijian Screw Rod, Qidong Haosen, Hanjiang Machine Tool, Trcd and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-ball-screws-market-research-report
Segment by Type
- Internal Circulation Ballscrew
- External Circulation Ballscrew
Segment by Application
- Semiconductor and LCD Production Equipment
- Machine Tools and Injection Molding Machines
Table of Content:
1 Ball Screws Market Overview
2 Ball Screws Market Competition by Manufacturers
3 Ball Screws Retrospective Market Scenario by Region
4 Global Ball Screws Historic Market Analysis by Type
5 Global Ball Screws Historic Market Analysis by Application
6 Key Companies Profiled
7 Ball Screws Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Ball Screws Market Dynamics
10 Global Ball Screws Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta