Market Overview:
The global cubic screw jacks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cubic screw jacks in various industrial and transportation applications. Additionally, the growing demand for high-quality and durable products is also propelling the growth of this market. Based on type, the global cubic screw jacks market can be segmented into translating screw and rotating screw types. The translating screw type is expected to hold a larger share of this market during the forecast period owing to its higher load capacity as compared to other types of screws jack systems.
Product Definition:
A screw jack is a mechanical device used to lift or lower loads by turning a threaded shaft. A cubic screw jack has an enclosed housing with three screws in the face of the cube. The screws are rotated to move the load up or down, depending on which way they are turned. Cubic screw jacks are often used in heavy-duty applications where there is a lot of weight to be moved, such as in construction and manufacturing settings.
Translating Screw:
The global translating screw, also known as cubic or power translate, is a mechanical device used to adjust the position of any part or component in a mechanism. It is mainly used in mechanisms that have rotating parts and need to be adjusted at regular intervals. The mechanism can be of various types such as cranes, machine tools, automobiles and others.
Rotating Screw:
Rotating screw and it's usage in Cubic Screw Jacks market is used to adjust the height of a machine or assembly. It consists of three parts, namely body, nut and washer. The body has six threads which are rotatably engaged with the nut at one end and a hexagonal head at the other end.
Application Insights:
The industrial application segment accounted for the largest share of over 50% in 2017. The growing demand for cubic screw jacks from various industries including chemical, petrochemical, and power generation is expected to drive the industry growth over the forecast period. In addition, a rise in manufacturing activities across various industries will boost product demand.
Transportation application segment is expected to witness significant growth with a CAGR of XX% from 2018 to 2030 owing to increasing automotive production across emerging markets such as India and China which will increase purchasing power thus promoting new vehicle sales leading to an increased need for transportation infrastructure development resulting in higher project investments by governments which will propel market growth over the forecast period.
The others application segment includes construction.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing infrastructure activities, especially in developing countries such as China and India. In addition, rising demand for consumer goods along with rapid industrialization is anticipated to drive the regional market growth.
The Asia Pacific region comprises emerging economies like China, India, Indonesia among others that are experiencing strong economic growth owing to various factors such as low labor cost and easy availability of raw materials & components. Moreover, government initiatives encouraging domestic manufacturing are expected to further propel product demand over the next eight years.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-performance screw jacks with increased load capacity and speed.
- Growing popularity of Cubic screw jacks in renewable energy applications such as wind turbines and solar arrays due to their high efficiency, reliability, and low maintenance requirements.
- Rapid expansion of the industrial sector in developing countries such as China and India, which is fueling demand for Cubic screw jacks in a wide range of manufacturing applications.
- Rising investment in infrastructure development projects worldwide, which is creating opportunities for Cubic screw jack manufacturers to supply equipment for construction sites and other heavy-duty applications.
- Technological advancements that are resulting in the development of new models of Cubic screw jacks with enhanced features such as higher load capacity, faster speed, and longer life span
Scope Of The Report
Report Attributes
Report Details
Report Title
Cubic Screw Jacks Market Research Report
By Type
Translating Screw, Rotating Screw
By Application
Industrial, Transportation, Others
By Companies
Power Jacks, Kelston Actuation, DUFF NORTON, Nook Industries, Davall Gears, NEFF Gewindetriebe, Dongguan NOSEN ME Technology, Tsubakimoto Chain, Candy Controls, Power Jacks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Cubic Screw Jacks Market Report Segments:
The global Cubic Screw Jacks market is segmented on the basis of:
Types
Translating Screw, Rotating Screw
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Power Jacks
- Kelston Actuation
- DUFF NORTON
- Nook Industries
- Davall Gears
- NEFF Gewindetriebe
- Dongguan NOSEN ME Technology
- Tsubakimoto Chain
- Candy Controls
- Power Jacks
Highlights of The Cubic Screw Jacks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Translating Screw
- Rotating Screw
- By Application:
- Industrial
- Transportation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cubic Screw Jacks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cubic screw jacks are a type of machine that uses screws to move objects. They are used in factories and other places where large pieces of equipment need to be moved.
Some of the key players operating in the cubic screw jacks market are Power Jacks, Kelston Actuation, DUFF NORTON, Nook Industries, Davall Gears, NEFF Gewindetriebe, Dongguan NOSEN ME Technology, Tsubakimoto Chain, Candy Controls, Power Jacks.
The cubic screw jacks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cubic Screw Jacks Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cubic Screw Jacks Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cubic Screw Jacks Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cubic Screw Jacks Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cubic Screw Jacks Market Size & Forecast, 2020-2028 4.5.1 Cubic Screw Jacks Market Size and Y-o-Y Growth 4.5.2 Cubic Screw Jacks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Translating Screw
5.2.2 Rotating Screw
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Transportation
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cubic Screw Jacks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cubic Screw Jacks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Translating Screw
9.6.2 Rotating Screw
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Transportation
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Translating Screw
10.6.2 Rotating Screw
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Transportation
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Translating Screw
11.6.2 Rotating Screw
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Transportation
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Translating Screw
12.6.2 Rotating Screw
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Transportation
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Translating Screw
13.6.2 Rotating Screw
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Transportation
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cubic Screw Jacks Market: Competitive Dashboard
14.2 Global Cubic Screw Jacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Power Jacks
14.3.2 Kelston Actuation
14.3.3 DUFF NORTON
14.3.4 Nook Industries
14.3.5 Davall Gears
14.3.6 NEFF Gewindetriebe
14.3.7 Dongguan NOSEN ME Technology
14.3.8 Tsubakimoto Chain
14.3.9 Candy Controls
14.3.10 Power Jacks