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.
Market Analysis and Insights: Global Ball Screws Market
Due to the COVID-19 pandemic, the global Ball Screws market size is estimated to be worth US$ 1744.5 million in 2022 and is forecast to a readjusted size of US$ 2399.9 million by 2028 with a CAGR of 5.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Internal Circulation Ballscrew accounting for % of the Ball Screws global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Semiconductor and LCD Production Equipment segment is altered to an % CAGR throughout this forecast period.
The major players in global ball screws market include NSK, THK, SKF, etc. The top 5 players occupy about 46% shares of the global market. APAC and Europe are main markets, they occupy about 70% 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 57%.
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 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
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 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Internal Circulation Ballscrew
External Circulation Ballscrew
Segment by Application
Semiconductor and LCD Production Equipment
Machine Tools and Injection Molding Machines
Others
By Company
NSK
THK
SKF
Bosch Rexroth
Schaeffler
Altra Industrial Motion
HIWIN
Tsubaki Nakashima
KSS
Kuroda
Nidec Sankyo
PMI
Yigong
BTP
ISSOKU
KOYO
TBI Motion
Huazhu
Jiangsu Qijian Screw Rod
SBC
Qidong Haosen
TRCD
Hanjiang Machine Tool
OZAK
Donglai
Production by Region
North America
Europe
Japan
China
China Taiwan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Ball Screws Market
Due to the COVID-19 pandemic, the global Ball Screws market size is estimated to be worth US$ 1744.5 million in 2022 and is forecast to a readjusted size of US$ 2399.9 million by 2028 with a CAGR of 5.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Internal Circulation Ballscrew accounting for % of the Ball Screws global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Semiconductor and LCD Production Equipment segment is altered to an % CAGR throughout this forecast period.
The major players in global ball screws market include NSK, THK, SKF, etc. The top 5 players occupy about 46% shares of the global market. APAC and Europe are main markets, they occupy about 70% 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 57%.
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 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
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 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Internal Circulation Ballscrew
External Circulation Ballscrew
Segment by Application
Semiconductor and LCD Production Equipment
Machine Tools and Injection Molding Machines
Others
By Company
NSK
THK
SKF
Bosch Rexroth
Schaeffler
Altra Industrial Motion
HIWIN
Tsubaki Nakashima
KSS
Kuroda
Nidec Sankyo
PMI
Yigong
BTP
ISSOKU
KOYO
TBI Motion
Huazhu
Jiangsu Qijian Screw Rod
SBC
Qidong Haosen
TRCD
Hanjiang Machine Tool
OZAK
Donglai
Production by Region
North America
Europe
Japan
China
China Taiwan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
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