Market Overview:
The global 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 screw jacks in general industry, material handling industry, aerospace and aircraft, automotive, and other applications. Screw jacks are used extensively in various industrial applications owing to their features such as high load capacity, easy installation and operation, and low maintenance requirements. In addition, the growing demand for stainless steel screw jacks is also contributing to the growth of this market.
Product Definition:
A screw jack is a device used to mechanically lift or lower something using a threaded shaft. Screw jacks are often used in machinery, automotive repair, and construction.
Ball Screw Jacks:
Ball screw jacks are used in a wide range of applications such as machine tools, automotive, aerospace and defense equipment manufacturing industries. The ball screw is driven by a motor which can be coupled with the spindle using a universal joint. This allows the rotation of the spindle to be converted into linear movement along with any rotational speed of the ball screw.
Machine Screw Jacks:
Machine screw jacks are used in a wide range of applications such as construction, automotive, electronics and medical industries. The machine screw jacks are widely used in the industry for various operations such as lifting heavy loads and fastening. These types of equipment have gained popularity owing to their durability, efficiency and ease of operation. Machine screw jack is also known by different names including hex nut or flange head or Phillips head among others which can be found on the product itself or on its packaging.
Application Insights:
The general industry segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. General industries include electrical and electronics, construction, manufacturing, oil & gas, pulp & paper and general machinery. The demand in these industries is generally driven by product requirements such as high torque with low speed or reverse Torque requirement with high speed operation.
The material handling industry also held a significant revenue share of around 20% in 2017 owing to increasing industrialization across developing countries like India and China which has resulted in an increased need for efficient equipment for handling various materials including steel, plastic composites laminates among others. Screw jacks are used extensively across warehouses clubs storage facilities where heavy lifting operations are required from time to time thus driving their demand within this application segment over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing industrial output, coupled with rising foreign investments in manufacturing facilities. China is one of the largest consumers of all types of jacks including hand-operated as well as electric ones for heavy-duty applications.
The demand for hand tools such as screwdrivers, wrenches, and pliers among others is expected to increase owing to their use in domestic work activities such as home improvement projects and DIY jobs. This trend will drive product sales across various end-use industries such as construction, automotive repair shops, machine shops etc., thereby driving industry expansion over the next eight years from 2018 to 2030 time frame.
Growth Factors:
- Increasing demand from the construction and engineering sectors for lifting and moving heavy loads is expected to drive the growth of the screw jacks market over the forecast period.
- Rising demand for screw jacks in automotive applications is also anticipated to fuel market growth during the forecast period.
- Growing popularity of electric screw jacks as compared to hydraulic ones is projected to boost market growth in the near future.
- Increasing adoption of screw jacks in material handling applications is another key factor that is expected to propel market expansion during the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Screw Jacks Market Research Report
By Type
Ball Screw Jacks, Machine Screw Jacks, Stainless Screw Jacks, Others
By Application
General Industry, Material Handling Industry, Aerospace and Aircraft, Automotive, Others
By Companies
Columbus McKinnon, Joyce Dayton, ZIMM, Enerpac, Power Jacks Ltd, Nook Industries, Nippon Gear, Unimec, Thomson, INKOMA-GROUP, Chiaravalli Group Spa, Servomech, TSUBAKIMOTO, WMH Herion Antriebstechnik, Lim-Tec, MecVel, Makishinko, Weingrill Ing, Kelston Actuation, Nozag AG, SIJIE, Jacton
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Screw Jacks Market Report Segments:
The global Screw Jacks market is segmented on the basis of:
Types
Ball Screw Jacks, Machine Screw Jacks, Stainless Screw Jacks, Others
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
General Industry, Material Handling Industry, Aerospace and Aircraft, Automotive, 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:
- Columbus McKinnon
- Joyce Dayton
- ZIMM
- Enerpac
- Power Jacks Ltd
- Nook Industries
- Nippon Gear
- Unimec
- Thomson
- INKOMA-GROUP
- Chiaravalli Group Spa
- Servomech
- TSUBAKIMOTO
- WMH Herion Antriebstechnik
- Lim-Tec
- MecVel
- Makishinko
- Weingrill Ing
- Kelston Actuation
- Nozag AG
- SIJIE
- Jacton
Highlights of The 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:
- Ball Screw Jacks
- Machine Screw Jacks
- Stainless Screw Jacks
- Others
- By Application:
- General Industry
- Material Handling Industry
- Aerospace and Aircraft
- Automotive
- 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 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.
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- Correctly Positioning New Products
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- Product & Brand Management
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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?
Screw Jacks are a type of tool used to remove screws. They have a handle at one end and a screwdriver or other tool at the other.
Some of the key players operating in the screw jacks market are Columbus McKinnon, Joyce Dayton, ZIMM, Enerpac, Power Jacks Ltd, Nook Industries, Nippon Gear, Unimec, Thomson, INKOMA-GROUP, Chiaravalli Group Spa, Servomech, TSUBAKIMOTO, WMH Herion Antriebstechnik, Lim-Tec, MecVel, Makishinko, Weingrill Ing, Kelston Actuation, Nozag AG, SIJIE, Jacton.
The screw jacks market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Screw Jacks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Screw Jacks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Screw Jacks Market - Supply Chain
4.5. Global Screw Jacks Market Forecast
4.5.1. Screw Jacks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Screw Jacks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Screw Jacks Market Absolute $ Opportunity
5. Global Screw Jacks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Screw Jacks Market Size and Volume Forecast by Type
5.3.1. Ball Screw Jacks
5.3.2. Machine Screw Jacks
5.3.3. Stainless Screw Jacks
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Screw Jacks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Screw Jacks Market Size and Volume Forecast by Application
6.3.1. General Industry
6.3.2. Material Handling Industry
6.3.3. Aerospace and Aircraft
6.3.4. Automotive
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Screw Jacks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Screw Jacks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Screw Jacks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Screw Jacks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Screw Jacks Demand Share Forecast, 2019-2026
9. North America Screw Jacks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Screw Jacks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Screw Jacks Market Size and Volume Forecast by Application
9.4.1. General Industry
9.4.2. Material Handling Industry
9.4.3. Aerospace and Aircraft
9.4.4. Automotive
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Screw Jacks Market Size and Volume Forecast by Type
9.7.1. Ball Screw Jacks
9.7.2. Machine Screw Jacks
9.7.3. Stainless Screw Jacks
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Screw Jacks Demand Share Forecast, 2019-2026
10. Latin America Screw Jacks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Screw Jacks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Screw Jacks Market Size and Volume Forecast by Application
10.4.1. General Industry
10.4.2. Material Handling Industry
10.4.3. Aerospace and Aircraft
10.4.4. Automotive
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Screw Jacks Market Size and Volume Forecast by Type
10.7.1. Ball Screw Jacks
10.7.2. Machine Screw Jacks
10.7.3. Stainless Screw Jacks
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Screw Jacks Demand Share Forecast, 2019-2026
11. Europe Screw Jacks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Screw Jacks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Screw Jacks Market Size and Volume Forecast by Application
11.4.1. General Industry
11.4.2. Material Handling Industry
11.4.3. Aerospace and Aircraft
11.4.4. Automotive
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Screw Jacks Market Size and Volume Forecast by Type
11.7.1. Ball Screw Jacks
11.7.2. Machine Screw Jacks
11.7.3. Stainless Screw Jacks
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Screw Jacks Demand Share, 2019-2026
12. Asia Pacific Screw Jacks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Screw Jacks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Screw Jacks Market Size and Volume Forecast by Application
12.4.1. General Industry
12.4.2. Material Handling Industry
12.4.3. Aerospace and Aircraft
12.4.4. Automotive
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Screw Jacks Market Size and Volume Forecast by Type
12.7.1. Ball Screw Jacks
12.7.2. Machine Screw Jacks
12.7.3. Stainless Screw Jacks
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Screw Jacks Demand Share, 2019-2026
13. Middle East & Africa Screw Jacks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Screw Jacks Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Screw Jacks Market Size and Volume Forecast by Application
13.4.1. General Industry
13.4.2. Material Handling Industry
13.4.3. Aerospace and Aircraft
13.4.4. Automotive
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Screw Jacks Market Size and Volume Forecast by Type
13.7.1. Ball Screw Jacks
13.7.2. Machine Screw Jacks
13.7.3. Stainless Screw Jacks
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Screw Jacks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Screw Jacks Market: Market Share Analysis
14.2. Screw Jacks Distributors and Customers
14.3. Screw Jacks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Columbus McKinnon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Joyce Dayton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ZIMM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Enerpac
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Power Jacks Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nook Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nippon Gear
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Unimec
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Thomson
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. INKOMA-GROUP
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chiaravalli Group Spa
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Servomech
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. TSUBAKIMOTO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. WMH Herion Antriebstechnik
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lim-Tec
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MecVel
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Makishinko
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Weingrill Ing
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Kelston Actuation
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Nozag AG
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
