Precision Ball Screw Market Future Demand | Barnes Industries Inc., Bosch Rexroth, HIWIN Corporation

The ‘ Precision Ball Screw market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Precision Ball Screw market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Precision Ball Screw market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence.

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The global precision ball screw market 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% from 2020 to 2027.

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. 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, application, and region. Depending on type, the market is divided into ground precision ball screw and rolled precision ball screw. 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.
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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 2027.
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 2020 to 2027 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.

GLOBAL PRECISION BALL SCREW MARKET SEGMENTS

BY TYPE
- Ground Precision Ball Screw
- Rolled Precision Ball Screw

BY APPLICATION
- Semiconductor
- Medical
- Laboratory
- Others
KEY PLAYERS

- Barnes Industries Inc.
- Bosch Rexroth
- Hiwin Corporation
- Koyo Machinery
- Kuroda Precision Industries
- Nidec Corporation
- PMI Group
- Schaeffler AG
- SKF
- THK Co. Ltd.

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

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Furthermore, the years considered for the study are as follows:
Historical year – 2014-2019 | Base year – 2019 | Forecast period** – 2020 to 2026 [** unless otherwise stated]

Changing Forecasts in a Time of Crisis: explores key issues, including:
• Future changes in consumer behavior
• High-frequency economic data
• Mapping Out a Potential Recovery
• Business Strategies During COVID-19
• Near & Long Term Risk Outlook, Risk Assessment and Opportunities

Key questions answered: The Study Explore COVID 19 Outbreak Impact Analysis
• Market size and growth rate during forecast period.
• Key factors driving the Market.
• Key market trends cracking up the growth of the Market.
• Challenges to market growth.
• Key vendors of Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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Key Points Covered in Precision Ball Screw Market Report:

• Market Characteristics – The market characteristics section of the report defines and explains the Precision Ball Screw market. This chapter includes different goods and services covered in the report, basic definitions and market supply chain analysis.

• Global Market Size And Growth – This section contains the global historic and forecast market value, and drivers and restraints that support and control the growth of the market in the historic and forecast period 2020 Updated & COVID 19 Outbreak Impact Analysis

• Trends And Strategies – This chapter includes some of the major trends shaping the global Precision Ball Screw market by segment. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities 2020 Updated & Covid 19 Impact and Recovery

• PESTEL Analysis – This chapter covers the political, economic, social, technological, environmental and legal factors affecting a market.

• Customer Information – This section includes customer surveys in the Precision Ball Screw industry & Trends to Watch During the COVID-19 Outbreak

• Global Market Segmentation – This section contains global segmentation of the Precision Ball Screw market. Segmentation types include by region and by country segmentation of the Precision Ball Screw market. Drives Future Change

• Global Macro Comparison – The global Precision Ball Screw market comparison with macro-economic factors gives the Precision Ball Screw market size, percentage of GDP, and average Precision Ball Screw market expenditure.

• Macro Comparison By Country – The Precision Ball Screw market comparison with macro-economic factors across countries gives the Precision Ball Screw market size, percentage of GDP, by country and per capita average market expenditure.

• Region/Country Market Size And Growth – This section contains the region’s market size (2020), historic (2014-2019) and forecast (2020-2025) market value, and growth. This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa) and major countries within each region.

• Competitive Landscape – This section covers details on the competitive landscape & COVID 19 Outbreak Impact Analysis, estimated market shares and company profiles for the leading players.

• Key Mergers And Acquisitions – This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.

• Opportunities And Strategies – This section gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.COVID-19 Economic Impact Reports &Providing Clarity in a Time of Crisis
Continued….
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