Global Precision Ball Screw Market Size, Share & Trends Analysis Report By Type (Ground, and Rolled), By Application, By Sales Channel, By Regional Outlook and Forecast, 2024 - 2031

Global Precision Ball Screw Market Size, Share & Trends Analysis Report By Type (Ground, and Rolled), By Application, By Sales Channel, By Regional Outlook and Forecast, 2024 - 2031


The Global Precision Ball Screw Market size is expected to reach $2.7 billion by 2031, rising at a market growth of 5.3% CAGR during the forecast period. In the year 2023, the market attained a volume of 2,748.6 thousand units, experiencing a growth of 5.3% (2020-2023).

Rapid industrialization, technological advancements, and a growing demand for automation across various industries in the Asia Pacific region characterize the market. Thus, the Asia pacific region acquired 49.1% revenue share in the market 2023. In terms of volume the Asia pacific region captured a volume of 6,569.0 thousand units in the market 2023.

Precision ball screws are known for their high efficiency in converting rotary motion into linear motion, resulting in reduced energy consumption compared to alternative motion control solutions such as hydraulic or pneumatic systems.

Additionally, Precision ball screws are used in medical imaging equipment such as MRI machines, CT scanners, and X-ray machines. These devices require precise and smooth movement to position imaging components accurately. Any disruption or malfunction in this can affect the quality of medical images, diagnosis, and patient care. Thus, the expansion of electric vehicles (EVs) and automation led to the expansion of the market.

However, Precision ball screws require high-quality materials to ensure durability, accuracy, and performance. The materials used, such as hardened steel or stainless steel for the screw shaft and precision-ground ball bearings, can be expensive, contributing to the overall cost of the component. Therefore, the increasing adoption of alternative technologies is obstructing the growth of the market.

By Type Analysis

Based on type, the market is characterized by ground and rolled. The ground segment garnered 71.4% revenue share in the market in 2023. In terms of volume, the ground segment attained a volume of 8,775.2 thousand units in the market 2023.

By Application Analysis

By application, the market is fragmented into sеmісоnduсtоr mаnufасturіng equірmеnt, mеdісаl equірmеnt, lаbоrаtоrу equірmеnt, and others. In 2023, the mеdісаl equірmеnt segment acquired 27.3% revenue share in the market. In terms of volume, the medical equipment segment attained a volume of 2,750.0 thousand units in the market 2021.

By Sales Channel Analysis

On the basis of sales channel, the market is classified into offline and online. The offline segment recorded 86% revenue share in the market in 2023. For specialized and low-volume production needs, the offline segment remains relevant.

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment held 25.1% revenue share in the market in 2023. In terms of volume, the North America region attained a volume of 3,007.3 thousand units in the market 2023.

List of Key Companies Profiled
  • Bosch Rexroth AG (Robert Bosch GmbH)
  • Nidec Corporation
  • Schaeffler AG
  • Rockford Systems, LLC
  • Danaher Corporation
  • ThyssenKrupp AG
  • Hiwin Corporation
  • Barnes Industries Inc.
  • Koyo Machinery U.S.A., Inc. (JTEKT Machine Systems Corporation.)
  • SKF Group
Global Precision Ball Screw Market Report Segmentation

By Type (Volume, Thousand Units, USD Billion, 2020-2031)
  • Ground
  • Rolled
By Application (Volume, Thousand Units, USD Billion, 2020-2031)
  • Ѕеmісоnduсtоr Маnufасturіng Еquірmеnt
  • Меdісаl Еquірmеnt
  • Lаbоrаtоrу Еquірmеnt
  • Others
By Sales Channel (Volume, Thousand Units, USD Billion, 2020-2031)
  • Offline
  • Online
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Precision Ball Screw Market, by Type
1.4.2 Global Precision Ball Screw Market, by Application
1.4.3 Global Precision Ball Screw Market, by Sales Channel
1.4.4 Global Precision Ball Screw Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Global Precision Ball Screw Market by Type
4.1 Global Ground Market by Region
4.2 Global Rolled Market by Region
Chapter 5. Global Precision Ball Screw Market by Application
5.1 Global Ѕеmісоnduсtоr Маnufасturіng Еquірmеnt Market by Region
5.2 Global Меdісаl Еquірmеnt Market by Region
5.3 Global Lаbоrаtоrу Еquірmеnt Market by Region
5.4 Global Others Market by Region
Chapter 6. Global Precision Ball Screw Market by Sales Channel
6.1 Global Offline Market by Region
6.2 Global Online Market by Region
Chapter 7. Global Precision Ball Screw Market by Region
7.1 North America Precision Ball Screw Market
7.1.1 North America Precision Ball Screw Market by Type
7.1.1.1 North America Ground Market by Country
7.1.1.2 North America Rolled Market by Country
7.1.2 North America Precision Ball Screw Market by Application
7.1.2.1 North America Ѕеmісоnduсtоr Маnufасturіng Еquірmеnt Market by Country
7.1.2.2 North America Меdісаl Еquірmеnt Market by Country
7.1.2.3 North America Lаbоrаtоrу Еquірmеnt Market by Country
7.1.2.4 North America Others Market by Country
7.1.3 North America Precision Ball Screw Market by Sales Channel
7.1.3.1 North America Offline Market by Country
7.1.3.2 North America Online Market by Country
7.1.4 North America Precision Ball Screw Market by Country
7.1.4.1 US Precision Ball Screw Market
7.1.4.1.1 US Precision Ball Screw Market by Type
7.1.4.1.2 US Precision Ball Screw Market by Application
7.1.4.1.3 US Precision Ball Screw Market by Sales Channel
7.1.4.2 Canada Precision Ball Screw Market
7.1.4.2.1 Canada Precision Ball Screw Market by Type
7.1.4.2.2 Canada Precision Ball Screw Market by Application
7.1.4.2.3 Canada Precision Ball Screw Market by Sales Channel
7.1.4.3 Mexico Precision Ball Screw Market
7.1.4.3.1 Mexico Precision Ball Screw Market by Type
7.1.4.3.2 Mexico Precision Ball Screw Market by Application
7.1.4.3.3 Mexico Precision Ball Screw Market by Sales Channel
7.1.4.4 Rest of North America Precision Ball Screw Market
7.1.4.4.1 Rest of North America Precision Ball Screw Market by Type
7.1.4.4.2 Rest of North America Precision Ball Screw Market by Application
7.1.4.4.3 Rest of North America Precision Ball Screw Market by Sales Channel
7.2 Europe Precision Ball Screw Market
7.2.1 Europe Precision Ball Screw Market by Type
7.2.1.1 Europe Ground Market by Country
7.2.1.2 Europe Rolled Market by Country
7.2.2 Europe Precision Ball Screw Market by Application
7.2.2.1 Europe Ѕеmісоnduсtоr Маnufасturіng Еquірmеnt Market by Country
7.2.2.2 Europe Меdісаl Еquірmеnt Market by Country
7.2.2.3 Europe Lаbоrаtоrу Еquірmеnt Market by Country
7.2.2.4 Europe Others Market by Country
7.2.3 Europe Precision Ball Screw Market by Sales Channel
7.2.3.1 Europe Offline Market by Country
7.2.3.2 Europe Online Market by Country
7.2.4 Europe Precision Ball Screw Market by Country
7.2.4.1 Germany Precision Ball Screw Market
7.2.4.1.1 Germany Precision Ball Screw Market by Type
7.2.4.1.2 Germany Precision Ball Screw Market by Application
7.2.4.1.3 Germany Precision Ball Screw Market by Sales Channel
7.2.4.2 UK Precision Ball Screw Market
7.2.4.2.1 UK Precision Ball Screw Market by Type
7.2.4.2.2 UK Precision Ball Screw Market by Application
7.2.4.2.3 UK Precision Ball Screw Market by Sales Channel
7.2.4.3 France Precision Ball Screw Market
7.2.4.3.1 France Precision Ball Screw Market by Type
7.2.4.3.2 France Precision Ball Screw Market by Application
7.2.4.3.3 France Precision Ball Screw Market by Sales Channel
7.2.4.4 Russia Precision Ball Screw Market
7.2.4.4.1 Russia Precision Ball Screw Market by Type
7.2.4.4.2 Russia Precision Ball Screw Market by Application
7.2.4.4.3 Russia Precision Ball Screw Market by Sales Channel
7.2.4.5 Spain Precision Ball Screw Market
7.2.4.5.1 Spain Precision Ball Screw Market by Type
7.2.4.5.2 Spain Precision Ball Screw Market by Application
7.2.4.5.3 Spain Precision Ball Screw Market by Sales Channel
7.2.4.6 Italy Precision Ball Screw Market
7.2.4.6.1 Italy Precision Ball Screw Market by Type
7.2.4.6.2 Italy Precision Ball Screw Market by Application
7.2.4.6.3 Italy Precision Ball Screw Market by Sales Channel
7.2.4.7 Rest of Europe Precision Ball Screw Market
7.2.4.7.1 Rest of Europe Precision Ball Screw Market by Type
7.2.4.7.2 Rest of Europe Precision Ball Screw Market by Application
7.2.4.7.3 Rest of Europe Precision Ball Screw Market by Sales Channel
7.3 Asia Pacific Precision Ball Screw Market
7.3.1 Asia Pacific Precision Ball Screw Market by Type
7.3.1.1 Asia Pacific Ground Market by Country
7.3.1.2 Asia Pacific Rolled Market by Country
7.3.2 Asia Pacific Precision Ball Screw Market by Application
7.3.2.1 Asia Pacific Ѕеmісоnduсtоr Маnufасturіng Еquірmеnt Market by Country
7.3.2.2 Asia Pacific Меdісаl Еquірmеnt Market by Country
7.3.2.3 Asia Pacific Lаbоrаtоrу Еquірmеnt Market by Country
7.3.2.4 Asia Pacific Others Market by Country
7.3.3 Asia Pacific Precision Ball Screw Market by Sales Channel
7.3.3.1 Asia Pacific Offline Market by Country
7.3.3.2 Asia Pacific Online Market by Country
7.3.4 Asia Pacific Precision Ball Screw Market by Country
7.3.4.1 China Precision Ball Screw Market
7.3.4.1.1 China Precision Ball Screw Market by Type
7.3.4.1.2 China Precision Ball Screw Market by Application
7.3.4.1.3 China Precision Ball Screw Market by Sales Channel
7.3.4.2 Japan Precision Ball Screw Market
7.3.4.2.1 Japan Precision Ball Screw Market by Type
7.3.4.2.2 Japan Precision Ball Screw Market by Application
7.3.4.2.3 Japan Precision Ball Screw Market by Sales Channel
7.3.4.3 India Precision Ball Screw Market
7.3.4.3.1 India Precision Ball Screw Market by Type
7.3.4.3.2 India Precision Ball Screw Market by Application
7.3.4.3.3 India Precision Ball Screw Market by Sales Channel
7.3.4.4 South Korea Precision Ball Screw Market
7.3.4.4.1 South Korea Precision Ball Screw Market by Type
7.3.4.4.2 South Korea Precision Ball Screw Market by Application
7.3.4.4.3 South Korea Precision Ball Screw Market by Sales Channel
7.3.4.5 Singapore Precision Ball Screw Market
7.3.4.5.1 Singapore Precision Ball Screw Market by Type
7.3.4.5.2 Singapore Precision Ball Screw Market by Application
7.3.4.5.3 Singapore Precision Ball Screw Market by Sales Channel
7.3.4.6 Malaysia Precision Ball Screw Market
7.3.4.6.1 Malaysia Precision Ball Screw Market by Type
7.3.4.6.2 Malaysia Precision Ball Screw Market by Application
7.3.4.6.3 Malaysia Precision Ball Screw Market by Sales Channel
7.3.4.7 Rest of Asia Pacific Precision Ball Screw Market
7.3.4.7.1 Rest of Asia Pacific Precision Ball Screw Market by Type
7.3.4.7.2 Rest of Asia Pacific Precision Ball Screw Market by Application
7.3.4.7.3 Rest of Asia Pacific Precision Ball Screw Market by Sales Channel
7.4 LAMEA Precision Ball Screw Market
7.4.1 LAMEA Precision Ball Screw Market by Type
7.4.1.1 LAMEA Ground Market by Country
7.4.1.2 LAMEA Rolled Market by Country
7.4.2 LAMEA Precision Ball Screw Market by Application
7.4.2.1 LAMEA Ѕеmісоnduсtоr Маnufасturіng Еquірmеnt Market by Country
7.4.2.2 LAMEA Меdісаl Еquірmеnt Market by Country
7.4.2.3 LAMEA Lаbоrаtоrу Еquірmеnt Market by Country
7.4.2.4 LAMEA Others Market by Country
7.4.3 LAMEA Precision Ball Screw Market by Sales Channel
7.4.3.1 LAMEA Offline Market by Country
7.4.3.2 LAMEA Online Market by Country
7.4.4 LAMEA Precision Ball Screw Market by Country
7.4.4.1 Brazil Precision Ball Screw Market
7.4.4.1.1 Brazil Precision Ball Screw Market by Type
7.4.4.1.2 Brazil Precision Ball Screw Market by Application
7.4.4.1.3 Brazil Precision Ball Screw Market by Sales Channel
7.4.4.2 Argentina Precision Ball Screw Market
7.4.4.2.1 Argentina Precision Ball Screw Market by Type
7.4.4.2.2 Argentina Precision Ball Screw Market by Application
7.4.4.2.3 Argentina Precision Ball Screw Market by Sales Channel
7.4.4.3 UAE Precision Ball Screw Market
7.4.4.3.1 UAE Precision Ball Screw Market by Type
7.4.4.3.2 UAE Precision Ball Screw Market by Application
7.4.4.3.3 UAE Precision Ball Screw Market by Sales Channel
7.4.4.4 Saudi Arabia Precision Ball Screw Market
7.4.4.4.1 Saudi Arabia Precision Ball Screw Market by Type
7.4.4.4.2 Saudi Arabia Precision Ball Screw Market by Application
7.4.4.4.3 Saudi Arabia Precision Ball Screw Market by Sales Channel
7.4.4.5 South Africa Precision Ball Screw Market
7.4.4.5.1 South Africa Precision Ball Screw Market by Type
7.4.4.5.2 South Africa Precision Ball Screw Market by Application
7.4.4.5.3 South Africa Precision Ball Screw Market by Sales Channel
7.4.4.6 Nigeria Precision Ball Screw Market
7.4.4.6.1 Nigeria Precision Ball Screw Market by Type
7.4.4.6.2 Nigeria Precision Ball Screw Market by Application
7.4.4.6.3 Nigeria Precision Ball Screw Market by Sales Channel
7.4.4.7 Rest of LAMEA Precision Ball Screw Market
7.4.4.7.1 Rest of LAMEA Precision Ball Screw Market by Type
7.4.4.7.2 Rest of LAMEA Precision Ball Screw Market by Application
7.4.4.7.3 Rest of LAMEA Precision Ball Screw Market by Sales Channel
Chapter 8. Company Profiles
8.1 Bosch Rexroth AG (Robert Bosch GmbH)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Nidec Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Schaeffler AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Rockford Systems, LLC
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Danaher Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 Thyssenkrupp AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 HIWIN Corporation
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Barnes Industries Inc.
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Koyo Machinery U.S.A., Inc. (JTEKT Machine Systems Corporation.)
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. SKF Group (FAM AB)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 SWOT Analysis
Chapter 9. Winning Imperatives of Precision Ball Screw Market

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