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Precision Ball Screw Market by Type (Ground Precision Ball Screw and Rolled Precision Ball Screws) and Application (Semiconductor, Medical, Laboratory, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A02905
Pages: 190
Sep 2020 | 3912 Views
 
Author(s) : Amar Chinchane, Satya Prakash Singh , Onkar Sumant
Tables: 87
Charts: 54
 

COVID-19

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The global precision ball screw market size was valued at $1,571.0 million in 2019, and is projected to reach $2,043.9 million by 2027, registering a CAGR of 5.1%. Precision ball screw is a mechanical element, which converts rotary motion into linear motion. It produces high mechanical efficiency in transmission of motion as it works on rolling friction, which makes it a preferred option for industrial applications such as robotics, material handling, and general-purpose machines.

Demand for precision ball screws is on the rise in semiconductor, aviation & aerospace, and medical diagnostic equipment industries, owing to its high load bearing capacity, less friction, precision, and high positional accuracy. Hence, growth in semiconductor, aviation & aerospace, and medical diagnostic equipment industries is expected to drive growth of the precision ball screw market during forecast period.

Precision-Ball-Screw--Market,-2020-2027

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Key players in the precision ball screw market are continuously taking efforts to improve their product offerings to cater to dynamic requirements of the industry. For instance, in September 2019, THK Co. Ltd. launched BNS-V and NS-V, which are low inertia ball screw splines developed to improve the takt time of horizontal articulated robots. In addition, these products are compact, light-weight, and have low inertia.

Moreover, surge in medical diagnostics industry is expected to accelerate the market. These medical diagnostics equipment need precisely controlled movements for efficient operations, which is achieved by drive train that consist of precision ball screws. In addition, precision ball screws also find their applications in high-tech medical equipment such as dental milling machines, surgical robots, and robotic endoscopy equipment. This makes precision ball screws a critical and important component in the health care industry.

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 prices of steel and increase in trade wars among countries restrain the market growth. The COVID-19 pandemic has enforced many companies in the global market to halt their business operations to comply with new government regulations to curb the spread of COVID-19. This halt in operations directly impacts revenue flow of the precision ball screw market supply chain. In addition, implementation of lockdown and need to maintain social distancing during this pandemic has resulted in dearth of manpower, which, in turn, has negatively impacted the precision ball screw market revenue.

Precision Ball Screw Market
By Type

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Ground segment is projected to grow at a significant CAGR

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The global precision ball screw market is segmented on the basis of type, end user, and region. By type, the market is categorized into ground precision ball screw and rolled ball screw. By application, it is divided into semiconductor manufacturing, medical, laboratory, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

Asia-Pacific dominated the global precision ball screw market share in 2019, and LAMEA is anticipated to grow with high CAGR throughout the forecast period. 

Precision Ball Screw Market
By Application

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Semiconductor segment holds dominant position in 2019

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Countries in Asia-Pacific such as India, China, Vietnam, and Indonesia are witnessing growth in industrialization, which, in turn, drives the market growth. For instance, in July 2018, the government of India has proposed a set-up for special economic zone in Telangana state for aerospace and precision engineering in Hyderabad. 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 semiconductor industry output. Such factor drives the global precision ball screw market growth in the region. 

Competition Analysis

Key companies profiled in the report for the precision ball screw market include Barnes Industries Inc., Bosch Rexroth, Hiwin Corporation, Koyo Machinery, Kuroda Precision Industries, Nidec Corporation, PMI Group, Schaeffler AG, SKF, and THK Co. Ltd. 

Product launch is the key strategy being adopted by key players to remain competitive in the market. For instance, in July 2020, THK Co. Ltd. based in Japan, launched two new products LFK-X and LFH-X under its ball spline product category. These products enable space saving and result into more compact design. 

Precision Ball Screw Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2019 and LAMEA is expected to grow at a significant rate during the forecast period.

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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 2027. 
  • Extensive analysis of the 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 the precision ball screw market opportunities.
  • The global precision ball screw market forecast analysis from 2020 to 2027 is included in the report.
  • The key players within market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the precision ball screw industry. 

Global Precision Ball Screw Market Segments

By Type

  • Ground Precision Ball Screw
  • Rolled Precision Ball Screw

By Application

  • Semiconductor 
  • Medical 
  • Laboratory 
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
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.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Top winning strategies
3.2.4.Market player positioning, 2019

3.3.Porter's five forces analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Development of Semiconductor Industry
3.5.1.2.Growth in aviation and aerospace industry
3.5.1.3.Surge in medical diagnostics industry

3.5.2.Restraints

3.5.2.1.Fluctuations in Foreign Currencies Influence Profit Margins
3.5.2.2.Increase in trade wars among countries

3.5.3.Opportunity

3.5.3.1.Technological advancements & innovations in precision ball screws

3.6.COVID-19 Impact analysis

CHAPTER 4:PRECISION BALL SCREW MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast, by type

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 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 analysis by country

CHAPTER 5:PRECISION BALL SCREW MARKET , BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast, by application

5.2.Semiconductor

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis by country

5.3.Laboratory

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis by country

5.4.Medical

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis by country

5.5.Others

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis by country

CHAPTER 6:PRECISION BALL SCREW MARKET, BY REGION

6.1.Market overview

6.1.1.Market size and forecast, by region

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by application
6.2.4.Market size and forecast, by country

6.2.4.1.U.S.

6.2.4.1.1.U.S. market size and forecast, by Type
6.2.4.1.2.U.S. market size and forecast, by application

6.2.4.2.Canada

6.2.4.2.1.Canada market size and forecast, by type
6.2.4.2.2.Canada market size and forecast, by application

6.2.4.3.Mexico

6.2.4.3.1.Mexico market size and forecast, by Type
6.2.4.3.2.Mexico market size and forecast, by application

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by Type
6.3.3.Market size and forecast, by application
6.3.4.Market size and forecast, by country

6.3.4.1.Germany

6.3.4.1.1.Germany market size and forecast, by Type
6.3.4.1.2.Germany market size and forecast, by application

6.3.4.2.France

6.3.4.2.1.France market size and forecast, by Type
6.3.4.2.2.France market size and forecast, by application

6.3.4.3.UK

6.3.4.3.1.UK market size and forecast, by Type
6.3.4.3.2.UK market size and forecast, by application

6.3.4.4.Italy

6.3.4.4.1.Italy market size and forecast, by Type
6.3.4.4.2.Italy market size and forecast, by application

6.3.4.5.Rest of Europe

6.3.4.5.1.Rest of Europe market size and forecast, by Type
6.3.4.5.2.Rest of Europe market size and forecast, by application

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by Type
6.4.3.Market size and forecast, by application
6.4.4.Market size and forecast, by country

6.4.4.1.China

6.4.4.1.1.China market size and forecast, by Type
6.4.4.1.2.China market size and forecast, by application

6.4.4.2.India

6.4.4.2.1.India market size and forecast, by Type
6.4.4.2.2.India market size and forecast, by application

6.4.4.3.Japan

6.4.4.3.1.Japan market size and forecast, by Type
6.4.4.3.2.Japan market size and forecast, by application

6.4.4.4.South Korea

6.4.4.4.1.South Korea market size and forecast, by Type
6.4.4.4.2.South Korea market size and forecast, by application

6.4.4.5.Rest of Asia-Pacific

6.4.4.5.1.Rest of Asia-Pacific market size and forecast, by Type
6.4.4.5.2.Rest of Asia-Pacific market size and forecast, by application

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by Type
6.5.3.Market size and forecast, by application
6.5.4.Market size and forecast, by country

6.5.4.1.Latin America

6.5.4.1.1.Latin America market size and forecast, by Type
6.5.4.1.2.Latin America market size and forecast, by application

6.5.4.2.Middle East

6.5.4.2.1.Middle East market size and forecast, by Type
6.5.4.2.2.Middle East market size and forecast, by application

6.5.4.3.Africa

6.5.4.3.1.Africa market size and forecast, by Type
6.5.4.3.2.Africa market size and forecast, by application

CHAPTER 7:COMPANY PROFILES

7.1.BARNES INDUSTRIES INC.

7.1.1.Company overview
7.1.2.Key executive
7.1.3.Company snapshot
7.1.4.Product portfolio

7.2.HIWIN CORPORATION

7.2.1.Company overview
7.2.2.Key executive
7.2.3.Company snapshot
7.2.4.Product portfolio
7.2.5.Research and development expenses
7.2.6.Business performance
7.2.7.Key strategic moves and developments

7.3.KOYO MACHINERY U.S.A.,INC.

7.3.1.Company overview
7.3.2.Key executive
7.3.3.Company snapshot
7.3.4.Product portfolio

7.4.KURODA PRECISION INDUSTRIES LTD

7.4.1.Company overview
7.4.2.Key executive
7.4.3.Company snapshot
7.4.4.Product portfolio

7.5.NIDEC CORPORATION

7.5.1.Company overview
7.5.2.Key executive
7.5.3.Company snapshot
7.5.4.Operating Business Segments
7.5.5.Product portfolio
7.5.6.Business performance
7.5.7.Key strategic moves and developments

7.6.PMI GROUP

7.6.1.Company overview
7.6.2.Key executive
7.6.3.Company snapshot
7.6.4.Product portfolio

7.7.ROBERT BOSCH GmbH

7.7.1.Company overview
7.7.2.Key executive
7.7.3.Company snapshot
7.7.4.Operating business segments
7.7.5.Product portfolio
7.7.6.Research and development expenses
7.7.7.Business performance
7.7.8.Key strategic moves and developments

7.8.SCHAEFFLER AG

7.8.1.Company overview
7.8.2.Key executive
7.8.3.Company snapshot
7.8.4.Operating business segments
7.8.5.Product portfolio
7.8.6.Research and development expenses
7.8.7.Business performance
7.8.8.Key strategic moves and developments

7.9.SKF GROUP

7.9.1.Company overview
7.9.2.Key executive
7.9.3.Company snapshot
7.9.4.Operating Segments
7.9.5.Product portfolio
7.9.6.Research and development expenses
7.9.7.Business performance
7.9.8.Key strategic moves and developments

7.10.THK CO. LTD.

7.10.1.Company overview
7.10.2.Key executive
7.10.3.Company snapshot
7.10.4.Product portfolio
7.10.5.Business performance
7.10.6.Key strategic moves and developments

LIST OF TABLES

TABLE 01.PRECISION BALL SCREW MARKET , BY TYPE, 2019-2027 ($MILLION)
TABLE 02.GROUND PRECISION BALL SCREW MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 03.ROLLED PRECISION BALL SCREW MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 04.PRECISION BALL SCREW MARKET REVENUE, BY APPLICATION , 2019-2027 ($MILLION)
TABLE 05.SEMICONDUCTOR PRECISION BALL SCREW MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 06.LABORATORY PRECISION BALL SCREW MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 07.MEDICAL PRECISION BALL SCREW MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 08.OTHERS PRECISION BALL SCREW MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 09.PRECISION BALL SCREW MARKET REVENUE, BY REGION, 2019-2027 ($MILLION)
TABLE 10.NORTH AMERICA PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 11.NORTH AMERICA PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 12.NORTH AMERICA PRECISION BALL SCREW MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 13.U.S. PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 14.U.S. PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 15.CANADA PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 16.CANADA PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 17.MEXICO PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 18.MEXICO PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 19.EUROPE PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 20.EUROPE PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 21.EUROPE PRECISION BALL SCREW MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 22.GERMANY PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 23.GERMANY PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 24.FRANCE PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 25.FRANCE PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 26.UK PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 27.UK PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 28.ITALY PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 29.ITALY PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 30.REST OF EUROPE PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 31.REST OF EUROPE PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 32.ASIA-PACIFIC PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 33.ASIA-PACIFIC PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 34.ASIA-PACIFIC PRECISION BALL SCREW MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 35.CHINA PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 36.CHINA PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 37.INDIA PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 38.INDIA PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 39.JAPAN PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 40.JAPAN PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 41.SOUTH KOREA PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 42.SOUTH KOREA PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 43.REST OF ASIA-PACIFIC PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 44.REST OF ASIA-PACIFIC PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 45.LAMEA PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 46.LAMEA PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 47.LAMEA PRECISION BALL SCREW MARKET REVENUE, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 48.LATIN AMERICA PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 49.LATIN AMERICA PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 50.MIDDLE EAST PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 51.MIDDLE EAST PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 52.AFRICA PRECISION BALL SCREW MARKET, BY TYPE , 2019-2027 ($MILLION)
TABLE 53.AFRICA PRECISION BALL SCREW MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 54.BARNES: KEY EXECUTIVES
TABLE 55.BARNES INDUSTRIES, INC.: COMPANY SNAPSHOT
TABLE 56.BARNES INDUSTRIES, INC.: PRODUCT PORTFOLIO
TABLE 57.HIWIN CORPORATION: KEY EXECUTIVE
TABLE 58.HIWIN CORPORATION: COMPANY SNAPSHOT
TABLE 59.HIWIN CORPORATION: PRODUCT PORTFOLIO
TABLE 60.KOYO MACHINERY: KEY EXECUTIVE
TABLE 61.KOYO MACHINERY: COMPANY SNAPSHOT
TABLE 62.KOYO MACHINERY: PRODUCT PORTFOLIO
TABLE 63.KURODA PRECISION INDUSTRIES LTD.: KEY EXECUTIVE
TABLE 64.KURODA PRECISION INDUSTRIES LTD.: COMPANY SNAPSHOT
TABLE 65.KURODA PRECISION INDUSTRIES LTD.: PRODUCT PORTFOLIO
TABLE 66.NIDEC CORPORATION: KEY EXECUTIVE
TABLE 67.NIDEC CORPORATION: COMPANY SNAPSHOT
TABLE 68.PMI GROUP: PRODUCT PORTFOLIO
TABLE 69.NIDEC CORPORATION: PRODUCT PORTFOLIO
TABLE 70.PMI GROUP: KEY EXECUTIVE
TABLE 71.PMI GROUP: COMPANY SNAPSHOT
TABLE 72.PMI GROUP: PRODUCT PORTFOLIO
TABLE 73.ROBERT BOSCH GMBH : KEY EXECUTIVE
TABLE 74.ROBERT BOSCH GMBH : COMPANY SNAPSHOT
TABLE 75.BOSCH REXROTH AG: OPERATING SEGMENTS
TABLE 76.ROBERT BOSCH GMBH : PRODUCT PORTFOLIO
TABLE 77.SCHAEFFLER AG: KEY EXECUTIVE
TABLE 78.SCHAEFFLER AG: COMPANY SNAPSHOT
TABLE 79.SCHAEFFLER AG: OPERATING SEGMENTS
TABLE 80.SCHAEFFLER AG: PRODUCT PORTFOLIO
TABLE 81.SKF GROUP: KEY EXECUTIVE
TABLE 82.SKF GROUP: COMPANY SNAPSHOT
TABLE 83.SKF GROUP: OPERATING SEGMENTS
TABLE 84.SKF GROUP: PRODUCT PORTFOLIO
TABLE 85.THK CO. LTD.: KEY EXECUTIVE
TABLE 86.THK CO. LTD.: COMPANY SNAPSHOT
TABLE 87.THK CO. LTD.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2017–2020
FIGURE 05.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020
FIGURE 07.MARKET PLAYER POSITIONING, 2019
FIGURE 08.LOW TO MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 09.LOW TO MODERATE BARGAINING POWER OF BUYERS
FIGURE 10.LOW TO MODERATE THREAT OF SUBSTITUTES
FIGURE 11.MODERATE TO HIGH INTENSITY OF RIVALRY
FIGURE 12.MODERATE TO HIGH THREAT OF SUBSTITUTION
FIGURE 13.PRECISION BALL SCREW MARKET, BY TYPE, 2019-2027
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF GROUND PRECISION BALL SCREW MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF ROLLED PRECISION BALL SCREW MARKET , BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.PRECISION BALL SCREW MARKET, BY APPLICATION , 2019–2027
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF SEMICONDUCTOR PRECISION BALL SCREW MARKET , BY COUNTRY,  2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF LABORATORY PRECISION BALL SCREW MARKET , BY COUNTRY,  2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF MEDICAL PRECISION BALL SCREW MARKET , BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF OTHERS PRECISION BALL SCREW MARKET , BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.U.S. PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 22.CANADA PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 23.MEXICO PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 24.GERMANY PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 25.FRANCE PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 26.UK PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 27.ITALY PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 28.REST OF EUROPE PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 29.CHINA PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 30.INDIA PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 31.JAPAN PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 32.SOUTH KOREA PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 33.REST OF ASIA-PACIFIC PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 34.LATIN AMERICA PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 35.MIDDLE EAST PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 36.AFRICA PRECISION BALL SCREW MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 37.HIWIN CORPORATION: RESEARCH AND DEVELOPMENT EXPENSES, 2017–2019($MILLION)
FIGURE 38.HIWIN CORPORATION: NET SALES, 2017–2019 ($MILLION)
FIGURE 39.NIDEC CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 40.NIDEC CORPORATION: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 41.ROBERT BOSCH GMBH : RESEARCH AND DEVELOPMENT EXPENSES, 2017–2019 ($MILLION)
FIGURE 42.ROBERT BOSCH GMBH : REVENUE, 2017–2019($MILLION)
FIGURE 43.ROBERT BOSCH GMBH : REVENUE SHARE, BY SEGMENT, 2019(%)
FIGURE 44.ROBERT BOSCH GMBH : REVENUE SHARE BY REGION, 2019(%)
FIGURE 45.SCHAEFFLER AG: RESEARCH AND DEVELOPMENT EXPENSES, 2017–2019($MILLION)
FIGURE 46.SCHAEFFLER AG: NET SALES, 2017–2019 ($MILLION)
FIGURE 47.SCHAEFFLER AG: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 48.SCHAEFFLER AG: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 49.SKF GROUP: RESEARCH AND DEVELOPMENT EXPENSES, 2017–2019($MILLION)
FIGURE 50.SKF GROUP: NET SALES, 2017–2019 ($MILLION)
FIGURE 51.SKF GROUP: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 52.SKF GROUP: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 53.THK CO. LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 54.THK CO. LTD.: REVENUE SHARE BY REGION , 2019(%)

 
 

The global precision ball screw market is expected to grow at a significant rate in the near future, owing to growth in semiconductor manufacturing sector globally. The rise in investments in semiconductor, aerospace, and healthcare device industries by governments and private institutions around the globe has led to increase in demand for modern machinery, which are efficient and cost effective in operations. This is expected to push growth of precision ball screw market during the forecast period. The global precision ball screw market has witnessed considerable growth in emerging markets such as China, Latin America, and India, owing to rapid industrialization and growth in industries such as semiconductors, aviation & aerospace, and healthcare. Technological advancements such as surgical robotic and industrial automation has led to surge in manufacturing activities in many countries across the globe. Manufacturers of precision ball screws are taking continuous efforts to improve their product offerings to cater to ever changing and dynamic requirements of end users. Players operating in the market have adopted product launch as their key growth strategies to gain a stronger foothold. Thus, all these factors together are anticipated to significantly contribute toward growth of the global precision ball screw market.  


 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The Precision ball screw market size was valued at $1,571.0 million in 2019.

A. Based on type, the ground segment holds the maximum market share of the Precision ball screw market in 2019.

A. The Precision ball screw market is projected to reach $2,043.9 million by 2027.

A. Rise in industrialization in developing countries, and increase in spending on medical device are the key trends in the precision ball screw market.

A. The product launch is key growth strategy of precision ball screw industry players.

A. The product launch is key growth strategy of precision ball screw industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. Fluctuating raw material prices are the effecting factor for precision ball screw market.

A. The applications of precision ball screw includes semiconductor, medical, laboratory, others.

 

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