Press release
Leadscrew Market to Witness Robust Expansion by 2023
Leadscrew is also known as power screw which used as a linkage in a machine to convert turning motion into linear motion. Leadscrew is mainly used to carry high power, and sometimes with a split nut which enables nut to disengage from the threads and move axially. Additionally, leadscrew is also utilized in a data storage systems that help in reducing tolerance stack up, part count and minimize overall product cost. To reduce friction between the nut and screw it is used as sliding instead of rolling, and have a large load carrying capabilities. Leadscrew is compact, simple to design, smooth, easy to maintain, easily modified nut designs, minimal parts, and have self-locking features.
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Global Leadscrew Market: Forecast by Type / Application / Region
The growing popularity of smaller packaged applications mainly involves lower load capacity coupled with high precisions. Moreover, miniaturization of technology in various markets has created a diverse opportunity for leadscrew to power applications namely photonics, insulin pumps, auto-focusing optics, automotive equipment, and more.
The worldwide market for Leadscrew is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Leadscrew in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Leadscrew Market:Key Players
Abbott Laboratories (St. Jude Medical)
Medtronic
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Related Information:
United States Leadscrew Market 2018 Forecast to 2023
Europe Leadscrew Market 2018 Forecast to 2023
North America Leadscrew Market 2018 Forecast to 2023
Asia-Pacific Leadscrew Market 2018 Forecast to 2023
China Leadscrew Market 2018 Forecast to 2023
EMEA Leadscrew Market 2018 Forecast to 2023
Global Leadscrew Market 2018 Forecast to 2023
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