Precision Ball Screw Market By Type (Ground, Rolled), By Sales Channel (Offline, Online), By Application: Global Opportunity Analysis and Industry Forecast, 2023-2032
The global precision ball screw market was valued at $1,695.6 million in 2020, and is projected to reach $3,213.5 million by 2032, registering a CAGR of 5.5% from 2023 to 2032. Precision ball screws are mechanical elements used for transmission of rotational to linear motion. It is an improved version of conventional acme lead screws, in terms of accuracy, precision, and efficiency. It has high efficiency (greater than 90%) in motion transmission as it converts sliding friction into rolling friction. Precision ball screws find extensive applications in the semiconductor industry, medical devices, and aerospace industry, owing to its high load bearing capacity, positional accuracy, and repeatability. In addition, it enables cost and weight savings in overall design of a mechanical system.
Growth in semiconductor, aviation & aerospace, and healthcare industries is anticipated to provide potential opportunities for key players operating in the market. Governments of developing and developed countries such as Germany, India, China, Brazil, the UK, and the U.S. have taken initiatives to develop their semiconductor and aviation & aerospace industries, which is anticipated to boost growth of the market during the forecast period. For instance, the government of South Korea launched KF-X program in 2001 for development of 4.5 generation fighter aircrafts, and the government is expected to invest $ 7 Billion until 2025 under this program. Similarly, the government of China released a plan "Made in China 2025", according to which, the government has set a goal to reach $ 305 billion by 2030, in terms of the semiconductor industry output.
However, fluctuations in raw material prices such as steel and iron affect profitability of manufacturers, which restrains growth of the precision ball screw market. Moreover, rise in demand for robots, especially surgical robots, and aerospace equipment is expected to offer growth opportunities for precision ball screws in the future.
The global precision ball screw market is segmented into type, sales channel, application, and region. Depending on type, the market is divided into ground precision ball screw and rolled precision ball screw. On the basis of sales channel, the market is analyzed across offline and online. On the basis of application, it is categorized into semiconductor, medical, laboratory, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Competition Analysis
The major market participants profiled in this report include Barnes Industries Inc., Bosch Rexroth, HIWIN Corporation, Koyo Machinery, Kuroda Precision Industries, Nidec Corporation, PMI Group, Schaeffler AG, SKF, and THK Co. Ltd. The product launch and acquisition are the key strategies being adopted by the key players to remain competitive in the market.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging precision ball screw market trends and dynamics.
In-depth precision ball screw market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2032.
Extensive analysis of the precision ball screw market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global precision ball screw market forecast analysis from 2023 to 2032 is included in the report.
The key players within precision ball screw market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the precision ball screw industry.
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Product Life Cycles
Go To Market Strategy
Market share analysis of players by products/segments
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Import Export Analysis/Data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
List of customers/consumers/raw material suppliers- value chain analysis
Market share analysis of players at global/region/country level
SWOT Analysis
Volume Market Size and Forecast
Key Market Segments
By Type
Ground
Rolled
By Sales Channel
Offline
Online
By Application
Semiconductor Manufacturing Equipment
Medical Equipment
Laboratory Equipment
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
India
South Korea
Japan
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Middle East and Africa
Saudi Arabia
UAE
Nigeria
Egypt
Rest of Middle East And Africa
Key Market Players:
HIWIN Corporation
Barnes Industries Inc.
Bosch Rexroth AG
Koyo Machinery
kuroda precision industries ltd.
NIDEC CORPORATION
The PMI Group, Inc.
Schaeffler AG
SKF
THK Co. Ltd.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
CHAPTER 4: PRECISION BALL SCREW MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Ground
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Rolled
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: PRECISION BALL SCREW MARKET, BY SALES CHANNEL
5.1. Overview
5.1.1. Market size and forecast
5.2. Offline
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Online
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: PRECISION BALL SCREW MARKET, BY APPLICATION
6.1. Overview
6.1.1. Market size and forecast
6.2. Semiconductor Manufacturing Equipment
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Medical Equipment
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Laboratory Equipment
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
6.5. Others
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market share analysis by country
CHAPTER 7: PRECISION BALL SCREW MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by Type
7.2.3. Market size and forecast, by Sales Channel
7.2.4. Market size and forecast, by Application
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Market size and forecast, by Type
7.2.5.1.2. Market size and forecast, by Sales Channel
7.2.5.1.3. Market size and forecast, by Application
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast, by Type
7.2.5.2.2. Market size and forecast, by Sales Channel
7.2.5.2.3. Market size and forecast, by Application
7.2.5.3. Mexico
7.2.5.3.1. Market size and forecast, by Type
7.2.5.3.2. Market size and forecast, by Sales Channel
7.2.5.3.3. Market size and forecast, by Application
7.3. Europe
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by Type
7.3.3. Market size and forecast, by Sales Channel
7.3.4. Market size and forecast, by Application
7.3.5. Market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Market size and forecast, by Type
7.3.5.1.2. Market size and forecast, by Sales Channel
7.3.5.1.3. Market size and forecast, by Application
7.3.5.2. France
7.3.5.2.1. Market size and forecast, by Type
7.3.5.2.2. Market size and forecast, by Sales Channel
7.3.5.2.3. Market size and forecast, by Application
7.3.5.3. UK
7.3.5.3.1. Market size and forecast, by Type
7.3.5.3.2. Market size and forecast, by Sales Channel
7.3.5.3.3. Market size and forecast, by Application
7.3.5.4. Italy
7.3.5.4.1. Market size and forecast, by Type
7.3.5.4.2. Market size and forecast, by Sales Channel
7.3.5.4.3. Market size and forecast, by Application
7.3.5.5. Rest of Europe
7.3.5.5.1. Market size and forecast, by Type
7.3.5.5.2. Market size and forecast, by Sales Channel
7.3.5.5.3. Market size and forecast, by Application
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by Type
7.4.3. Market size and forecast, by Sales Channel
7.4.4. Market size and forecast, by Application
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Market size and forecast, by Type
7.4.5.1.2. Market size and forecast, by Sales Channel
7.4.5.1.3. Market size and forecast, by Application
7.4.5.2. India
7.4.5.2.1. Market size and forecast, by Type
7.4.5.2.2. Market size and forecast, by Sales Channel
7.4.5.2.3. Market size and forecast, by Application
7.4.5.3. South Korea
7.4.5.3.1. Market size and forecast, by Type
7.4.5.3.2. Market size and forecast, by Sales Channel
7.4.5.3.3. Market size and forecast, by Application
7.4.5.4. Japan
7.4.5.4.1. Market size and forecast, by Type
7.4.5.4.2. Market size and forecast, by Sales Channel
7.4.5.4.3. Market size and forecast, by Application
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Market size and forecast, by Type
7.4.5.5.2. Market size and forecast, by Sales Channel
7.4.5.5.3. Market size and forecast, by Application
7.5. Latin America
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by Type
7.5.3. Market size and forecast, by Sales Channel
7.5.4. Market size and forecast, by Application
7.5.5. Market size and forecast, by country
7.5.5.1. Brazil
7.5.5.1.1. Market size and forecast, by Type
7.5.5.1.2. Market size and forecast, by Sales Channel
7.5.5.1.3. Market size and forecast, by Application
7.5.5.2. Argentina
7.5.5.2.1. Market size and forecast, by Type
7.5.5.2.2. Market size and forecast, by Sales Channel
7.5.5.2.3. Market size and forecast, by Application
7.5.5.3. Colombia
7.5.5.3.1. Market size and forecast, by Type
7.5.5.3.2. Market size and forecast, by Sales Channel
7.5.5.3.3. Market size and forecast, by Application
7.5.5.4. Rest of Latin America
7.5.5.4.1. Market size and forecast, by Type
7.5.5.4.2. Market size and forecast, by Sales Channel
7.5.5.4.3. Market size and forecast, by Application
7.6. Middle East and Africa
7.6.1. Key market trends, growth factors and opportunities
7.6.2. Market size and forecast, by Type
7.6.3. Market size and forecast, by Sales Channel
7.6.4. Market size and forecast, by Application
7.6.5. Market size and forecast, by country
7.6.5.1. Saudi Arabia
7.6.5.1.1. Market size and forecast, by Type
7.6.5.1.2. Market size and forecast, by Sales Channel
7.6.5.1.3. Market size and forecast, by Application
7.6.5.2. UAE
7.6.5.2.1. Market size and forecast, by Type
7.6.5.2.2. Market size and forecast, by Sales Channel
7.6.5.2.3. Market size and forecast, by Application
7.6.5.3. Nigeria
7.6.5.3.1. Market size and forecast, by Type
7.6.5.3.2. Market size and forecast, by Sales Channel
7.6.5.3.3. Market size and forecast, by Application
7.6.5.4. Egypt
7.6.5.4.1. Market size and forecast, by Type
7.6.5.4.2. Market size and forecast, by Sales Channel
7.6.5.4.3. Market size and forecast, by Application
7.6.5.5. Rest of Middle East And Africa
7.6.5.5.1. Market size and forecast, by Type
7.6.5.5.2. Market size and forecast, by Sales Channel
7.6.5.5.3. Market size and forecast, by Application