Ball Screw Market - Global Industry Analysis

Ball Screw Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Category: Heavy Industry Report Format : PDF Report Code: ZMR-1607 Status : Upcoming

Description

Global Ball Screw Market: Overview

A ball screw is basically a structure having a cylindrical head, pointed tip at the end and ridges winding around it. It can be made from various materials. One of its important purposes is that it can convert linear motion into rotator motion. It has a nut made by ball bearing which helps in the rotatory motion. It is mainly used for various industrial requirements. With the large scale industrialization and rise in the complex machinery, demand for ball screws has gained a momentum.

Global Ball Screw Market: Segmentation

The global ball screw market is segmented into its application, sales channel, end-user, and geography. On the basis of application, the market is divided into pipelines, industrial robotics, and PAXWAY. Based on sales channel, the market is segregated into aftermarket and OEM. On the basis of end-user, the market is fragmented into aviation, fabrication, and energy and utilities. Diversification of the market based on regions is seen into North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa.

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Ball Screw Market: Growth Factors

The ball screw market is a growing market owing to its large scale use in the airplane flaps, aircraft passenger boarding bridge, at airports, PAXWAY, in control system for control rods, in control system for chemical plant piping, pressure tube inspection system, and in other cutting edge technology products. As these products and industries are a crucial part of today’s world, demand in the ball screw is witnessing a gradual upward inclination. Use of the ball screw can be also seen in the use of industrial robotics and implementation of industrial automation. This will further enhance the demand for ball screw in the market. Though there are limited substitutes available, high prices for the ball screws may act as a barrier to the growth of this market in the developing countries.

Global Ball Screw Market: Regional Analysis

The largest share in the ball screw market is held by Asia Pacific. This can be attributed to factors such as strong growth in establishment of industries and other various operations. Countries in the Asia-Pacific region are showing major growth which includes China, Japan, India, Australia, and New Zealand. Following Asia Pacific in its growth is North America. This growth is chiefly seen in countries such as the US and Canada. European market is growing at a fast pace owing to the rapid industrial developments in this region especially in countries such as Italy, Germany, Spain, the U.K, Russia, France, and Poland. A significant share in the market growth is also put in by regions such as Latin America and the Middle East and Africa due to the developments in the oil and gas industries.

Global Ball Screw Market: Competitive Players

Some of the major companies that are involved in the ball screw market include THK, NSK, SKF, HIWIN, TBI Motion, Bosch Rexroth, Kuroda, and Schaeffle.

Global Ball Screw Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market

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