Market Overview:
The global bevel gear screw jacks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for bevel gear screw jacks in various end-use industries, such as power industry, steel industry, petrochemical industry, architecture industry and others. In addition, the growing demand for energy-efficient and reliable equipment has led to an increase in the adoption of bevel gear screw jacks globally. Based on type, the global bevel gear screw jack market can be segmented into: Bevel Gear Machine Screw Jacks and Bevel Gear Ball Screw Jacks. The Bevel Gear Machine Screw Jacks segment is expected to dominate the global market during the forecast period owing to its high efficiency and reliability as compared to other types of screws jack available in the market.
Product Definition:
A bevel gear screw jack is a mechanical device used for lifting or lowering heavy loads by converting rotational motion into linear motion. Bevel gear screw jacks are often used in manufacturing and construction applications where precise positioning of large, heavy objects is required.
Bevel Gear Machine Screw Jacks:
Bevel gear machine screw jacks are used in applications where high torque is required. The main factors driving the growth of this market include growing demand for electric vehicles, increasing penetration of automation in industries and rising awareness regarding energy conservation among consumers.
The global bevel gear machine screw jacks market was valued at USD 1,867.1 million in 2016.
Bevel Gear Ball Screw Jacks:
Bevel gear ball screws are used in a variety of applications such as automotive, aerospace and defense, construction equipment, medical equipment and more. The product is manufactured with precision to ensure high accuracy while offering the desired speed for each application. These products are widely used in industries where high accuracy is required along with smooth functioning at a faster pace.
The global bevel gear screw jacks market size was valued at USD 648 million in 2016.
Application Insights:
The power industry segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The bevel gear screw jacks are used in power plants, coal-fired power stations, gas-fired power stations and other energy generation facilities. These devices help smoothen out any sudden fluctuations in electricity supply or demand by automatically adjusting the production of electricity through turbines.
Power industry application is projected to witness a CAGR of XX% from 2018 to 2030 owing to rapidly growing renewable energy sources such as wind and solar that have been replacing fossil fuels across various regions around the world. In addition, increasing government support towards promoting renewable sources of energy will boost product demand over the next eight years.
The steel industry segment is also expected to grow significantly during this period on account of rising product applications within mills where high precision bevel gear technology offers precise speed control with very low maintenance cost compared with Servo Motor Control System (SMC).
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. This is attributed to increasing construction activities and power generation across the region. The growing steel industry across China, India, Japan, and South Korea is also expected to have a positive impact on the market growth over the forecast period.
The North American bevel gear screw jack market was valued at USD X million in 2017 owing to high demand from various application industries for fastening machines such as nut-and-bolt assembly lines or automated guided vehicles used for transportation of goods throughout manufacturing plants or warehouses among others. Moreover, technological advancements such as automation are anticipated to further fuel product demand from end users over the next eight years.
Europe accounted for 24% share of global revenue in 2017 owing to rising R&D investments by companies operating within it coupled with growing industrialization that has led manufacturers there expand their production capabilities through acquisitions.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for lightweight, high-performance screw jacks.
- Growing popularity of screw jack systems as a means of lifting and moving heavy loads in industrial applications.
- Rising demand for screw jacks with adjustable height and stroke lengths to meet specific application requirements.
- Development of new technologies that improve the performance and efficiency of screw jack systems.
- Growing awareness among end users about the benefits of using screw jacks over other types of lifting equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Bevel Gear Screw Jacks Market Research Report
By Type
Bevel Gear Machine Screw Jacks, Bevel Gear Ball Screw Jacks
By Application
Power Industry, Steel Industry, Petrochemical Industry, Architecture Industry, Other
By Companies
Joyce Dayton, Nook Industries, Nippon Gear Co Ltd, Duff-Norton, Nozag, KSH, Vignessh Gears, INKOMA-GROUP, Kelston, PCM Company
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Bevel Gear Screw Jacks Market Report Segments:
The global Bevel Gear Screw Jacks market is segmented on the basis of:
Types
Bevel Gear Machine Screw Jacks, Bevel Gear Ball 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
Power Industry, Steel Industry, Petrochemical Industry, Architecture Industry, Other
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:
- Joyce Dayton
- Nook Industries
- Nippon Gear Co Ltd
- Duff-Norton
- Nozag
- KSH
- Vignessh Gears
- INKOMA-GROUP
- Kelston
- PCM Company
Highlights of The Bevel Gear 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:
- Bevel Gear Machine Screw Jacks
- Bevel Gear Ball Screw Jacks
- By Application:
- Power Industry
- Steel Industry
- Petrochemical Industry
- Architecture Industry
- Other
- 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 Bevel Gear 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?
Bevel Gear Screw Jacks are a type of machine screw jack used to lift heavy objects. They have a beveled edge on one side that helps the screw jack grip the object being lifted.
Some of the key players operating in the bevel gear screw jacks market are Joyce Dayton, Nook Industries, Nippon Gear Co Ltd, Duff-Norton, Nozag, KSH, Vignessh Gears, INKOMA-GROUP, Kelston, PCM Company.
The bevel gear 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 Bevel Gear 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 Bevel Gear Screw Jacks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bevel Gear 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 Bevel Gear 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 Bevel Gear Screw Jacks Market Size & Forecast, 2020-2028
4.5.1 Bevel Gear Screw Jacks Market Size and Y-o-Y Growth
4.5.2 Bevel Gear 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 Bevel Gear Machine Screw Jacks
5.2.2 Bevel Gear Ball 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 Power Industry
6.2.2 Steel Industry
6.2.3 Petrochemical Industry
6.2.4 Architecture Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bevel Gear 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 Bevel Gear 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 Bevel Gear Machine Screw Jacks
9.6.2 Bevel Gear Ball 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 Power Industry
9.10.2 Steel Industry
9.10.3 Petrochemical Industry
9.10.4 Architecture Industry
9.10.5 Other
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 Bevel Gear Machine Screw Jacks
10.6.2 Bevel Gear Ball 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 Power Industry
10.10.2 Steel Industry
10.10.3 Petrochemical Industry
10.10.4 Architecture Industry
10.10.5 Other
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 Bevel Gear Machine Screw Jacks
11.6.2 Bevel Gear Ball 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 Power Industry
11.10.2 Steel Industry
11.10.3 Petrochemical Industry
11.10.4 Architecture Industry
11.10.5 Other
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 Bevel Gear Machine Screw Jacks
12.6.2 Bevel Gear Ball 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 Power Industry
12.10.2 Steel Industry
12.10.3 Petrochemical Industry
12.10.4 Architecture Industry
12.10.5 Other
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 Bevel Gear Machine Screw Jacks
13.6.2 Bevel Gear Ball 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 Power Industry
13.10.2 Steel Industry
13.10.3 Petrochemical Industry
13.10.4 Architecture Industry
13.10.5 Other
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 Bevel Gear Screw Jacks Market: Competitive Dashboard
14.2 Global Bevel Gear Screw Jacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Joyce Dayton
14.3.2 Nook Industries
14.3.3 Nippon Gear Co Ltd
14.3.4 Duff-Norton
14.3.5 Nozag
14.3.6 KSH
14.3.7 Vignessh Gears
14.3.8 INKOMA-GROUP
14.3.9 Kelston
14.3.10 PCM Company
