Global Ball Screws Market Growth 2024-2030

Global Ball Screws Market Growth 2024-2030

Product Code:1172780

Published Date: Apr 02,2024

Pages: 160

Region: Global

Category: Machinery & Equipment

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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 global Ball Screws market size is projected to grow from US$ 2044 million in 2024 to US$ 2946 million in 2030; it is expected to grow at a CAGR of 6.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Ball Screws Industry Forecast” looks at past sales and reviews total world Ball Screws sales in 2023, providing a comprehensive analysis by region and market sector of projected Ball Screws sales for 2024 through 2030. With Ball Screws sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ball Screws industry.

This Insight Report provides a comprehensive analysis of the global Ball Screws landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ball Screws portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ball Screws market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ball Screws and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ball Screws.

The global core manufacturers of Ball Screws include THK, NSK and SKF. The top three companies have a market share of about 39 percent. Asia Pacific is the world's largest market for Ball Screws with a market share of about 61%, followed by Europe and North America with a market share of 23% and 15%, respectively. In terms of product type, Internal Circulation Ballscrew is the largest segment, accounting for approximately 65% of the market. In terms of application, Machine Tools and Injection Molding Machines is the largest downstream segment, accounting for about 43% of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Ball Screws market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Internal Circulation Ballscrew
    External Circulation Ballscrew

Segmentation by Application:
    Semiconductor and LCD Production Equipment
    Machine Tools and Injection Molding Machines
    Industrial Robot
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    THK
    NSK
    Hiwin
    SKF
    Bosch Rexroth
    Schaeffler
    TBI MOTION
    Tsubaki Nakashima
    Kuroda
    KSS
    Nidec Sankyo
    PMI
    Yigong
    Best Precision
    ISSOKU
    JTEKT Machine System
    Altra Industrial Motion
    Huazhu
    Jiangsu Qijian Screw Rod
    SBC
    Qidong Haosen
    TRCD
    Hanjiang Machine Tool
    OZAK
    Donglai

Key Questions Addressed in this Report
What is the 10-year outlook for the global Ball Screws market?
What factors are driving Ball Screws market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ball Screws market opportunities vary by end market size?
How does Ball Screws break out by Type, by Application?