Market Overview:
The global ball screw jacks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ball screw jacks in various applications, such as industrial use, commercial use, and others. Additionally, the growing demand for electro-mechanical screw jacks is also contributing to the growth of this market.
Product Definition:
A ball screw jack is a mechanical device that uses a threaded shaft to convert rotational motion into linear motion. It consists of a ball screw, which is a cylindrical rod with spiral threads on it, and a nut, which is attached to the load that needs to be moved. As the screw turns, the nut moves along the shaft in accordance with the thread pitch. This type of jack has many advantages over traditional hydraulic jacks, including greater precision and longer life.
Worm Gear Ball Screw Jacks:
Worm gear ball screw jacks are used in applications where high torque and speed is required. The main function of these products is to convert the rotary motion into a linear one, which can then be applied to the fast-moving parts for efficient functioning. These products are widely used in various industries such as automotive, food & beverages, chemical processing and power generation among others.
Electro-Mechanical Screw Jacks:
Electro-mechanical screw jacks are used in ball scre wicks to position the scre wick within a limited range of motion. The electro-mechanical system comprises of two parts, namely actuator and receiver. The actuator is usually a solenoid that creates electrical current when activated; this current causes the armature to move and thereby positions the scre wick.
Application Insights:
The industrial use segment accounted for the largest revenue share of over 60% in 2017. The growing demand for automation solutions to improve production efficiency is expected to drive the product demand in industrial applications over the forecast period. Ball screw jacks are used with worm gear drives and electro-mechanical drives as they offer smooth torque transfer, high holding force, and compact design suitable for industrial applications.
Ball screw jack is a key component in any automated manufacturing line as it provides smooth movement of workpiece along with precise positioning capability. Moreover, these products have an increasing application scope in medical equipment & machinery industry owing to their features such as high holding force and accuracy requirements during handling small parts or samples. They are also used extensively across other industries such as food & beverage processing where they provide precision positioning at low cost while reducing space requirement compared to stepper motors or linear actuators which were previously used for this purpose respectively.
Regional Analysis:
North America dominated the global ball screw jack market in 2017. The region is expected to witness a considerable growth rate of 6.8% over the forecast period, owing to increasing demand for automation and rising industrialization across various sectors such as oil & gas, mining, construction, and manufacturing among others. Moreover, growing awareness regarding energy conservation is anticipated to drive product demand in this region.
The Asia Pacific regional market captured a revenue share of 22% in 2017 on account of rapid industrialization along with expanding infrastructure activities primarily in China and India are some major factors driving the product demand In addition, favorable government initiatives pertaining to foreign direct investments (FDI) are also expected to boost industry expansion over the next eight years hence propelling growth throughout the forecast period.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of ball screw jacks in renewable energy applications
- Rising demand for precision motion control systems
- Technological advancements in ball screw jack design and manufacturing processes
- Growing awareness about the benefits of using ball screw jacks over traditional mechanical actuators
Scope Of The Report
Report Attributes
Report Details
Report Title
Ball Screw Jacks Market Research Report
By Type
Worm Gear Ball Screw Jacks, Electro-Mechanical Screw Jacks
By Application
Industrial Use, Commercial Use, Others
By Companies
Nook Industries, Joyce Dayton, Power Jacks, UNIMEC, Nook Industries
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Ball Screw Jacks Market Report Segments:
The global Ball Screw Jacks market is segmented on the basis of:
Types
Worm Gear Ball Screw Jacks, Electro-Mechanical Screw Jacks
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 Use, Commercial Use, 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:
- Nook Industries
- Joyce Dayton
- Power Jacks
- UNIMEC
- Nook Industries
Highlights of The Ball 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:
- Worm Gear Ball Screw Jacks
- Electro-Mechanical Screw Jacks
- By Application:
- Industrial Use
- Commercial Use
- 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 Ball 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Ball screw jacks are a type of industrial robot arm that use balls to move the arm. The balls are attached to a rotating shaft and the arm is moved by the rotation of the shaft.
Some of the major players in the ball screw jacks market are Nook Industries, Joyce Dayton, Power Jacks, UNIMEC, Nook Industries.
The ball screw jacks market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ball 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 Ball Screw Jacks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ball 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 Ball 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 Ball Screw Jacks Market Size & Forecast, 2020-2028
4.5.1 Ball Screw Jacks Market Size and Y-o-Y Growth
4.5.2 Ball 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 Worm Gear Ball Screw Jacks
5.2.2 Electro-Mechanical Screw Jacks
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 Use
6.2.2 Commercial Use
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ball 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 Ball 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 Worm Gear Ball Screw Jacks
9.6.2 Electro-Mechanical Screw Jacks
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 Use
9.10.2 Commercial Use
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 Worm Gear Ball Screw Jacks
10.6.2 Electro-Mechanical Screw Jacks
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 Use
10.10.2 Commercial Use
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 Worm Gear Ball Screw Jacks
11.6.2 Electro-Mechanical Screw Jacks
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 Use
11.10.2 Commercial Use
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 Worm Gear Ball Screw Jacks
12.6.2 Electro-Mechanical Screw Jacks
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 Use
12.10.2 Commercial Use
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 Worm Gear Ball Screw Jacks
13.6.2 Electro-Mechanical Screw Jacks
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 Use
13.10.2 Commercial Use
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 Ball Screw Jacks Market: Competitive Dashboard
14.2 Global Ball Screw Jacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nook Industries
14.3.2 Joyce Dayton
14.3.3 Power Jacks
14.3.4 UNIMEC
14.3.5 Nook Industries
