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Precision Ball Screw Market Share and Trends Analysis- 2020–2027 | by Type, Application
Precision Ball Screw Market
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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%.
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.
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.
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.
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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.
Scope of The Report
By Type
Ground Precision Ball Screw
Rolled Precision Ball Screw
By Application
Semiconductor
Medical
Laboratory
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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