Ball Screw Market Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027
Report Description
The global Ball Screw market size is estimated at USD 18,900.6 million in 2020, expanding at a CAGR of 8.1% from 2021-2027.
Market Dynamics
A ball Screw is a cylindrical screw head with a pointed tip that covers rotatory motion to linear motion. Ball screw assembly contains a ball screw and a nut attached with recirculating ball bearings.
The growing demand for Ball Screws in cutting-edge technology products drives the market during the forecast period. Ball Screws are widely used in semiconductors, machine tools, medical equipment, and laboratory equipment, among others. In addition, ball screws are also used in other operations such as aircraft passenger boarding bridge, PAXWAY, at airports, in the control system for control rods used in nuclear power plants, and in the control system for chemical plants piping. The aforementioned applications are the key driving factors of the Ball Screw market.
Moreover, the governments of developing and developed countries have taken initiatives to develop aviation & aerospace industries, which is likely to fuel the growth of the market during the forecast period.
However, Volatility in steel prices and high prices of ball screws are likely to hamper the market growth. In addition, the implementation of lockdown due to the Covid-19 pandemic has resulted in a reduction in manpower to restrain the market growth.
Based on Type, the market is segmented into Rolled and Ground Ball screw. The rolled ball screw is estimated to hold the largest market share during the forecast period. Both rolled and ground ball screws have a wide variety of lengths, diameters, and load capacities to be used in various applications.
Based on Application, the market is segmented into Pipelines, PAXWAY, Industrial Robotics, and Others. The Industrial Robotics segment witnessed the largest market share during the forecast period owing to the use of ball screws in automation, product quality, operation rate, and implementation of industrial automation.
Based on Sales Channel, the market is bifurcated into OEM and Aftermarket. The OEM segment is projected to hold the largest market share in the ball screw market during the forecast period due to high adoption by small enterprises to sell their products, boosting the market growth.
Based on End-Use, the market is bifurcated into Aviation & Aerospace, Energy & Utilities, Fabrication, and others. The Aviation & aerospace segment is anticipated to holds the largest market share during the forecast period owing to the demand for ball screws in aerospace especially in aircraft flap and braking systems.
Regionally, the Asia-Pacific region holds the largest revenue share in 2020 and is estimated to register significant growth during the forecast period due to positive growth in the formulation of industries and other various operations. On the other hand, North America accounted for the significant growth rate during the forecast period owing to the new technological innovations and automation in various operations.
Some of the prominent players are Bosch Rexroth, Hiwin Technologies, Schaeffler Technologies AG & Co. KG, TBI Motion Technology Co. Ltd., NSK Ltd., Svenska Kullagerfabriken AB, THK Co., Ltd., Kuroda Precision Industries Ltd., PMI Group, and Koyo Machinery, among others.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of the Ball Screw Market by type, application, sales channel, end-use, and region. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):
- Bosch Rexroth AG
- Hiwin Technologies Corp.
- Schaeffler Technologies AG & Co. KG
- TBI Motion Technology Co. Ltd.
- NSK Ltd.
- Svenska Kullagerfabriken AB
- THK Co., Ltd.
- Kuroda Precision Industries Ltd.
- PMI Group
- Koyo Machinery
Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Rolled
- Ground
Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Pipelines
- PAXWAY
- Industrial Robotics
- Others
Sales Channel Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- OEM
- Aftermarket
End-Use Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Aviation & Aerospace
- Energy & Utilities
- Fabrication
- Others
Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain, etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- Latin America (Brazil, Mexico, Argentina, etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)
Table Of Content
1.1. Product Overview and Scope of Ball Screw
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Ball Screw Market Size Growth Rate Analysis by Type: 2020 VS 2027
1.3.1. Rolled
1.3.2. Ground
1.4. Global Ball Screw Consumption Comparison by Application: 2020 VS 2027
1.4.1. Pipelines
1.4.2. PAXWAY
1.4.3. Industrial Robotics
1.4.4. Others
1.5. Global Ball Screw Consumption Comparison by Sales Channel: 2020 VS 2027
1.5.1. OEM
1.5.2. Aftermarket
1.6. Global Ball Screw Consumption Comparison by End-use: 2020 VS 2027
1.6.1. Aviation & Aerospace
1.6.2. Energy & Utilities
1.6.3. Fabrication
1.6.4. Others
1.7. Global Ball Screw Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.7.1. North America Ball Screw Estimates
1.7.2. Europe Ball Screw Estimates
1.7.3. Asia-Pacific Ball Screw Estimates
1.7.4. Latin America Ball Screw Estimates
1.7.5. Middle East & Africa Ball Screw Estimates
2. Market Competition by Manufacturers
2.1. Global Ball Screw Revenue Market Share by Manufacturers (2020)
2.2. Ball Screw Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.3. Global Ball Screw Average Price by Manufacturers (2016-2021)
2.4. Manufacturers Ball Screw Production Sites, Area Served, Product Types
2.5. Ball Screw Market Competitive Situation and Trends
2.5.1. Ball Screw Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Ball Screw Consumption by Region (2016-2021)
3.1. Global Ball Screw Consumption by Region
3.2. Global Ball Screw Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Ball Screw Consumption Growth Rate (2016-2021)
3.2.3. North America Ball Screw Consumption, Price and Gross Margin (2016-2021)
3.2.4. North America Ball Screw Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Ball Screw Consumption Growth Rate (2016-2021)
3.2.7. Europe Ball Screw Consumption, Price and Gross Margin (2016-2021)
3.2.8. Europe Ball Screw Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Ball Screw Consumption Growth Rate (2016-2021)
3.2.11. Asia Pacific Ball Screw Consumption, Price and Gross Margin (2016-2021)
3.2.12. Asia Pacific Ball Screw Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. Latin America
3.2.14. Latin America Ball Screw Consumption Growth Rate (2016-2021)
3.2.15. Latin America Ball Screw Consumption, Price and Gross Margin (2016-2021)
3.2.16. Latin America Ball Screw Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Ball Screw Consumption Growth Rate (2016-2021)
3.2.19. Middle East and Africa Ball Screw Consumption, Price and Gross Margin (2016-2021)
3.2.20. Middle East and Africa Ball Screw Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Ball Screw Consumption by Type (2016-2021)
4.1. Global Ball Screw Price by Type (2016-2021)
4.2. Global Ball Screw Revenue Market Share by Type (2016-2021)
4.2.1. Rolled
4.2.2. Ground
5. Global Ball Screw Consumption by Application (2016-2021)
5.1. Global Ball Screw Price by Application (2016-2021)
5.2. Global Ball Screw Revenue Market Share by Application (2016-2021)
5.2.1. Pipelines
5.2.2. PAXWAY
5.2.3. Industrial Robotics
5.2.4. Others
6. Global Ball Screw Consumption by Sales Channel (2016-2021)
6.1. Global Ball Screw Price by Sales Channel (2016-2021)
6.2. Global Ball Screw Revenue Market Share by Sales Channel (2016-2021)
6.2.1. OEM
6.2.2. Aftermarket
7. Global Ball Screw Consumption by End-use (2016-2021)
7.1. Global Ball Screw Price by End-use (2016-2021)
7.2. Global Ball Screw Revenue Market Share by End-use (2016-2021)
7.2.1. Aviation & Aerospace
7.2.2. Energy & Utilities
7.2.3. Fabrication
7.2.4. Others
8. Key Companies Profiled
8.1. Bosch Rexroth AG
8.1.1. Bosch Rexroth AG Ball Screw Corporation Information
8.1.2. Bosch Rexroth AG Ball Screw Product Portfolio
8.1.3. Bosch Rexroth AG Ball Screw Consumption, Price and Gross Margin (2016-2021)
8.1.4. Bosch Rexroth AG Main Business and Markets Served
8.1.5. Bosch Rexroth AG Recent Developments/Updates
8.2. Hiwin Technologies Corp.
8.3. Schaeffler Technologies AG & Co. KG
8.4. TBI Motion Technology Co. Ltd.
8.5. NSK Ltd.
8.6. Svenska Kullagerfabriken AB
8.7. THK Co., Ltd.
8.8. Kuroda Precision Industries Ltd.
8.9. PMI Group
8.10. Koyo Machinery
9. Marketing Channel, Distributors and Customers
9.1. Marketing Channel
9.2. Ball Screw Distributors List
9.3. Ball Screw Customers
10. Market Dynamics
10.1. Ball Screw Industry Trends
10.2. Ball Screw Growth Drivers
10.3. Ball Screw Market Challenges
10.4. Ball Screw Market Restraints
11. Global Ball Screw Consumption and Demand Forecast, by Region (2022-2027)
11.1. Global Forecasted Demand Analysis of Ball Screw, by Regions and Country
11.1.1. North America Forecasted Consumption of Ball Screw by Country
11.1.2. Europe Market Forecasted Consumption of Ball Screw by Country
11.1.3. Asia Pacific Market Forecasted Consumption of Ball Screw by Region
11.1.4. Latin America Forecasted Consumption of Ball Screw by Country
11.1.5. Middle East and Africa Forecasted Consumption of Ball Screw by Country
12. Global Ball Screw Consumption and Demand Forecast, by Type Segments (2022-2027)
12.1. Global Forecasted Consumption of Ball Screw by Type Segments(2022-2027)
12.2. Global Consumption and Price Forecast by Type Segments (2022-2027)
12.3. Global Forecasted Growth Rate of Ball Screw by Type Segments(2022-2027)
13. Global Ball Screw Consumption and Demand Forecast, by Application Segments (2022-2027)
13.1. Global Forecasted Consumption of Ball Screw by Application Segments(2022-2027)
13.2. Global Consumption and Price Forecast by Application Segments (2022-2027)
13.3. Global Forecasted Growth Rate of Ball Screw by Application Segments(2022-2027)
14. Global Ball Screw Consumption and Demand Forecast, by Sales Channel Segments (2022-2027)
14.1. Global Forecasted Consumption of Ball Screw by Sales Channel Segments(2022-2027)
14.2. Global Consumption and Price Forecast by Sales Channel Segments (2022-2027)
14.3. Global Forecasted Growth Rate of Ball Screw by Sales Channel Segments(2022-2027)
15. Global Ball Screw Consumption and Demand Forecast, by End-Use Segments (2022-2027)
15.1. Global Forecasted Consumption of Ball Screw by End-Use Segments(2022-2027)
15.2. Global Consumption and Price Forecast by End-Use Segments (2022-2027)
15.3. Global Forecasted Growth Rate of Ball Screw by End-Use Segments(2022-2027)
16. Research Finding and Conclusion
17. Methodology and Data Source
17.1. Methodology/Research Approach
17.1.1. Research Programs/Design
17.1.2. Market Size Estimation
17.1.3. Market Breakdown and Data Triangulation
17.2. Data Source
17.2.1. Secondary Sources
17.2.2. Primary Sources
17.3. Author List
17.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
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