Global Ball Screw Market Size By Type, By Sales Channel, By Raw Material, By End-User Industry, By Geographic Scope And Forecast

List of Tables

Ball Screw Market Size And Forecast

Ball Screw Market size was valued at USD 604.74 Million in 2024 and is projected to reach USD 958.79 Million by 2032, growing at a CAGR of 5.93% during the forecast period 2026-2032.

The global Ball Screw Market is gaining momentum by large-scale industrialization across the globe along with a rise in complex machinery. The Global Ball Screw Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Ball Screw Market Definition

The first ball screws were developed in the United States in the 1890s by Howard Wilcox, who was looking for a way to reduce the friction and wear in screw threads. He invented a design where a set of balls were inserted between the screw and nut, which reduced the contact area and friction, and provided a smooth and efficient transfer of motion.

The first patent for a ball screw was filed in the US in 1907 by Alois Weigand, a German engineer. Weigand's design featured a screw with a helical groove and a nut with matching grooves, with a set of balls inserted between them. The development of ball screws was further advanced in the 1940s and 1950s by German engineer Walter Hermann, who developed a new manufacturing process for ball screws. Hermann's process involved grinding the screw and nut to a high precision and using precision balls, which resulted in a highly efficient and accurate ball screw. Ball screws started to be employed in a variety of industrial applications in the 1960s and 1970s, such as machine tools, robotics, and aerospace. Ball screws were the perfect choice for these applications because of their great efficiency and accuracy, where accuracy and dependability were crucial. The materials used to make ball screws have evolved over time as new materials have been developed and new manufacturing processes have been introduced.

In the early days of ball screw development, the screw and nut were typically made from steel, such as low carbon steel or alloy steel. The balls were typically made from hardened steel, although in some cases they were made from other materials such as glass or ceramic. As ball screw technology evolved, new materials were introduced to improve performance and reduce wear. One of the most significant developments was the use of stainless steel for ball screws, which provided better corrosion resistance and improved performance in harsh environments.

Global Ball Screw Market Overview

The growing automotive industry is a significant driver of the global market for ball screws. With the growing demand for electric vehicles (EVs), the production of EV components has increased, including ball screws. Ball screws are used in EVs for steering systems, transmission systems, and other critical components, making them an essential component of the EV industry.

As automotive systems become more sophisticated, they require higher precision and efficiency, which can be provided by ball screws. For instance, ball screws are used in steering systems to provide accurate steering feedback and in transmission systems to control the gear-shifting mechanism.

There are mega projects that demonstrate the growing importance of the EV industry and its potential to transform the transportation sector. As governments and private companies continue to invest in EV infrastructure and technology, the adoption of EVs is anticipated to increase rapidly in the coming years. For instance, Governments and private companies are investing heavily in the expansion of charging infrastructure to support the increasing number of EVs on the road. For instance, China plans to build over 800,000 public charging points by 2025, while the European Union aims to install 1 million public charging points by 2025.

Global Ball Screw Market: Segmentation Analysis

The Global Ball Screw Market is segmented on the basis of Type, Sales Channel, Raw Material, End-User Industry, And Geography.

Ball Screw Market, By Type

Precision Ground Ball Screws
Rolled Ball Screws

Based on Type, Precision Ground Ball Screws accounted for the largest market share of 77.28% in 2022, with a market Value of USD 1,390.05 Million and is projected to grow at the highest CAGR of 6.46% during the forecast period.

Ball Screw Market, By Raw Material

Alloy Steel
Stainless Steel
Other

Based on the Raw Materials, Stainless Steel accounted for the largest market share of 56.19% in 2022, with a market value of USD 1,010.80 Million, and is projected to grow at the highest CAGR of 7.39% during the forecast period.

Ball Screw Market, By Sales Channel

Aftermarket
OEM

Based on the Sales Channel, OEM accounted for the largest market share of 83.46% in 2022, with a market value of USD 1,501.19 Million, and is projected to grow at the highest CAGR of 6.37% during the forecast period.

Ball Screw Market, By End-User Industry

Automotive
Aerospace
Industrial Manufacturing
Electronics & Semiconductor
Power & Energy
Others

Based on the End-User Industry, Industrial Manufacturing accounted for the largest market share of 31.74% in 2022, with a market value of USD 570.89 Million, and is projected to grow at the highest CAGR of 10.23% during the forecast period.

Ball Screw Market, By Geography

North America
Europe
Asia Pacific
Middle East and Africa
Latin America
On the basis of regional analysis, the Global Ball Screw Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia-Pacific accounted for the largest market share of 48.14% in 2022, with a market value of USD 865.92 Million, and is projected to grow at the highest CAGR of 7.11% during the forecast period.

Key Players

The major players in the market are NSK Ltd., THK Co. Ltd., SKF AB, HIWIN Corporation, Kuroda Precision Industries Ltd., Nook Industries Inc., Barnes Industries, Steinmeyer Mechatronik GmbH, Schaeffler AG, Bosch Rexroth AG, TBI MOTION Technology Co., Ltd, KSS Co., Ltd., Dynatect Manufacturing, Inc., IKO International, Inc., etc. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Partnerships, Collaborations, and Agreements
In July 2018, the Indian government suggested establishing a special economic zone in Telangana state for aerospace and precision engineering in Hyderabad.
Product Launches and Product Expansions
THK Co. Ltd. introduced the BNS-V and NS-V, which are low inertia ball screw splines designed to improve the takt time of horizontal articulated robots, in September 2019. Furthermore, these items are small, light, and have a low moment of inertia.

Product Code: 33710

1 INTRODUCTION

1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS

2 RESEARCH METHODOLOGY

2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP APPROACH
2.9 TOP-DOWN APPROACH
2.10 RESEARCH FLOW
2.11 DATA SOURCES

3 EXECUTIVE SUMMARY

3.1 GLOBAL BALL SCREW MARKET OVERVIEW
3.2 GLOBAL BALL SCREW MARKET ESTIMATES AND FORECAST (USD MILLION), 2021-2030
3.3 GLOBAL BALL SCREW ECOLOGY MAPPING
3.4 COMPETITIVE ANALYSIS: FUNNEL DIAGRAM
3.5 GLOBAL BALL SCREW ABSOLUTE MARKET OPPORTUNITY
3.6 GLOBAL BALL SCREW MARKET ATTRACTIVENESS
3.7 GLOBAL BALL SCREW MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
3.8 GLOBAL BALL SCREW MARKET, BY TYPE (USD MILLION)
3.9 GLOBAL BALL SCREW MARKET, BY SALE CHANNEL (USD MILLION)
3.10 GLOBAL BALL SCREW MARKET, BY END-USER INDUSTRY (USD MILLION)
3.11 GLOBAL BALL SCREW MARKET, BY RAW MATERIAL (USD MILLION)
3.12 GLOBAL BALL SCREW MARKET, BY REGION (USD MILLION)
3.13 FUTURE MARKET OPPORTUNITIES

4 MARKET OUTLOOK

4.1 GLOBAL BALL SCREW MARKET EVOLUTION
4.2 GLOBAL BALL SCREW MARKET OUTLOOK
4.3 MARKET DRIVERS
- 4.3.1 ADOPTION IN THE GROWING ROBOTICS AND AUTOMATION INDUSTRY
- 4.3.2 AUTOMOTIVE INDUSTRY IS DRIVING THE MARKET FOR BALL SCREW
4.4 TRENDS
- 4.4.1 INDUSTRY 4.0 AND RELATED TECHNOLOGIES
- 4.4.2 PRECISION MOTION CONTROL SYSTEMS
4.5 OPPORTUNITIES
- 4.5.1 TECHNOLOGICAL ADVANCEMENTS IN MATERIALS
- 4.5.2 GROWING DEMAND IN EMERGING MARKETS
4.6 RESTRAINTS
- 4.6.1 SLOW ADOPTION OF ADVANCED MANUFACTURING TECHNOLOGIES
- 4.6.2 LIMITED AVAILABILITY OF RAW MATERIALS
4.7 COVID19 IMPACT ANALYSIS
4.8 PORTER'S FIVE FORCES ANALYSIS
- 4.8.1 THREAT OF NEW ENTRANTS
- 4.8.2 THREAT OF SUBSTITUTES
- 4.8.3 BARGAINING POWER OF SUPPLIERS
- 4.8.4 BARGAINING POWER OF BUYERS
- 4.8.5 INTENSITY OF COMPETITIVE RIVALRY
4.9 VALUE CHAIN ANALYSIS
4.10 PRICING ANALYSIS
4.11 MACROECONOMIC ANALYSIS
4.12 ANALYSIS OF TECHNICAL PARAMETERS FOR MANUFACTURING OF BALL SCREW
4.13 CUSTOMER PROFILE ANALYSIS (END-USER ANALYSIS)
4.14 VENDOR PROFILE FOR RAW MATERIAL ANALYSIS

5 MARKET, BY TYPE

5.1 OVERVIEW
5.2 GLOBAL BALL SCREW MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY TYPE
5.3 PRECISION GROUND BALL SCREWS
5.4 ROLLED BALL SCREWS

6 MARKET, BY RAW MATERIAL

6.1 OVERVIEW
6.2 GLOBAL BALL SCREW MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY RAW MATERIAL
6.3 ALLOY STEEL
6.4 STAINLESS STEEL
6.5 OTHERS

7 MARKET, BY SALES CHANNEL

7.1 OVERVIEW
7.2 GLOBAL BALL SCREW MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY SALES CHANNEL
7.3 AFTERMARKET
7.4 OEM

8 MARKET, BY END USER INDUSTRY

8.1 OVERVIEW
8.2 GLOBAL BALL SCREW MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY END USER INDUSTRY
8.3 AUTOMOTIVE
8.4 AEROSPACE
8.5 INDUSTRIAL MANUFACTURING
8.6 ELECTRONICS & SEMICONDUCTOR
8.7 POWER & ENERGY
8.8 OTHERS

9 MARKET, BY GEOGRAPHY

9.1 OVERVIEW
9.2 NORTH AMERICA
- 9.2.1 NORTH AMERICA MARKET SNAPSHOT
- 9.2.2 U.S.
- 9.2.3 CANADA
- 9.2.4 MEXICO
9.3 EUROPE
- 9.3.1 EUROPE MARKET SNAPSHOT
- 9.3.2 GERMANY
- 9.3.3 U.K.
- 9.3.4 FRANCE
- 9.3.5 ITALY
- 9.3.6 SPAIN
- 9.3.7 REST OF EUROPE
9.4 ASIA PACIFIC
- 9.4.1 ASIA PACIFIC MARKET SNAPSHOT
- 9.4.2 CHINA
- 9.4.3 JAPAN
- 9.4.4 INDIA
- 9.4.5 KOREA
- 9.4.6 REST OF ASIA PACIFIC
9.5 LATIN AMERICA
- 9.5.1 LATIN AMERICA MARKET SNAPSHOT
- 9.5.2 BRAZIL
- 9.5.3 ARGENTINA
- 9.5.4 REST OF LATIN AMERICA
9.6 MIDDLE EAST AND AFRICA
- 9.6.1 MIDDLE EAST AND AFRICA MARKET SNAPSHOT
- 9.6.2 UAE
- 9.6.3 SAUDI ARABIA
- 9.6.4 SOUTH AFRICA
- 9.6.5 REST OF MIDDLE EAST AND AFRICA

10 COMPETITIVE LANDSCAPE

10.1 OVERVIEW
10.2 KEY DEVELOPMENT
10.3 COMPANY MARKET RANKING ANALYSIS
10.4 COMPANY REGIONAL FOOTPRINT
10.5 COMPANY-TYPE FOOTPRINT
10.6 ACE MATRIX
- 10.6.1 ACTIVE
- 10.6.2 CUTTING EDGE
- 10.6.3 EMERGING
- 10.6.4 INNOVATORS
10.7 GLOBAL BALL SCREW MARKET SHARE ANALYSIS, BY COMPANY, 2022

11 COMPANY PROFILES

11.1 NSK LTD.
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 COMPANY INSIGHTS
- 11.1.3 SEGMENT BREAKDOWN
- 11.1.4 PRODUCT BENCHMARKING
- 11.1.5 KEY DEVELOPMENT
- 11.1.6 LIST OF DISTRIBUTORS
- 11.1.7 SWOT ANALYSIS
- 11.1.8 CURRENT FOCUS & STRATEGIES
- 11.1.9 THREAT FROM COMPETITION
11.2 THK CO. LTD.
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 COMPANY INSIGHTS
- 11.2.3 SEGMENT BREAKDOWN
- 11.2.4 PRODUCT BENCHMARKING
- 11.2.5 KEY DEVELOPMENT
- 11.2.6 LIST OF DISTRIBUTORS
- 11.2.7 SWOT ANALYSIS
- 11.2.8 CURRENT FOCUS & STRATEGIES
- 11.2.9 THREAT FROM COMPETITION
11.3 SKF AB
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 COMPANY INSIGHTS
- 11.3.3 SEGMENT BREAKDOWN
- 11.3.4 PRODUCT BENCHMARKING
- 11.3.5 LIST OF DISTRIBUTORS
- 11.3.6 SWOT ANALYSIS
- 11.3.7 CURRENT FOCUS & STRATEGIES
- 11.3.8 THREAT FROM COMPETITION
11.4 HIWIN CORPORATION
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 COMPANY INSIGHTS
- 11.4.3 SEGMENT BREAKDOWN
- 11.4.4 PRODUCT BENCHMARKING
- 11.4.5 KEY DEVELOPMENT
- 11.4.6 LIST OF DISTRIBUTORS
11.5 KURODA PRECISION INDUSTRIES LTD.
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 COMPANY INSIGHTS
- 11.5.3 PRODUCT BENCHMARKING
- 11.5.4 LIST OF DISTRIBUTORS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 CURRENT FOCUS & STRATEGIES
- 11.5.7 THREAT FROM COMPETITION
11.6 NOOK INDUSTRIES INC.
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 COMPANY INSIGHTS
- 11.6.3 SEGMENT BREAKDOWN
- 11.6.4 PRODUCT BENCHMARKING
- 11.6.5 KEY DEVELOPMENT
- 11.6.6 LIST OF DISTRIBUTORS
- 11.6.7 SWOT ANALYSIS
- 11.6.8 CURRENT FOCUS & STRATEGIES
- 11.6.9 THREAT FROM COMPETITION
11.7 BARNES INDUSTRIES
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 COMPANY INSIGHTS
- 11.7.3 PRODUCT BENCHMARKING
- 11.7.4 LIST OF DISTRIBUTORS
11.8 STEINMEYER MECHATRONIK GMBH
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 COMPANY INSIGHTS
- 11.8.3 PRODUCT BENCHMARKING
- 11.8.4 KEY DEVELOPMENT
- 11.8.5 LIST OF DISTRIBUTORS
11.9 SCHAEFFLER AG
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 COMPANY INSIGHTS
- 11.9.3 SEGMENT BREAKDOWN
- 11.9.4 PRODUCT BENCHMARKING
- 11.9.5 KEY DEVELOPMENT
- 11.9.6 LIST OF DISTRIBUTORS
- 11.9.7 SWOT ANALYSIS
- 11.9.8 CURRENT FOCUS & STRATEGIES
- 11.9.9 THREAT FROM COMPETITION
11.10 NTN CORPORATION
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 COMPANY INSIGHTS
- 11.10.3 PRODUCT BENCHMARKING
- 11.10.4 KEY DEVELOPMENT
- 11.10.5 LIST OF DISTRIBUTORS
- 11.10.6 SWOT ANALYSIS
- 11.10.7 CURRENT FOCUS & STRATEGIES
- 11.10.8 THREAT FROM COMPETITION
11.11 BOSCH REXROTH AG
- 11.11.1 COMPANY OVERVIEW
- 11.11.2 COMPANY INSIGHTS
- 11.11.3 PRODUCT BENCHMARKING
- 11.11.4 KEY DEVELOPMENT
- 11.11.5 LIST OF DISTRIBUTORS
- 11.11.6 SWOT ANALYSIS
- 11.11.7 CURRENT FOCUS & STRATEGIES
- 11.11.8 THREAT FROM COMPETITION
11.12 TBI MOTION TECHNOLOGY CO., LTD
- 11.12.1 COMPANY OVERVIEW
- 11.12.2 COMPANY INSIGHTS
- 11.12.3 PRODUCT BENCHMARKING
- 11.12.4 KEY DEVELOPMENT
- 11.12.5 LIST OF DISTRIBUTORS
11.13 KSS CO, LTD.
- 11.13.1 COMPANY OVERVIEW
- 11.13.2 COMPANY INSIGHTS
- 11.13.3 PRODUCT BENCHMARKING
11.14 DYNATECT MANUFACTURING, INC
- 11.14.1 COMPANY OVERVIEW
- 11.14.2 COMPANY INSIGHTS
- 11.14.3 PRODUCT BENCHMARKING
11.15 THOMSON INDUSTRIES, INC
- 11.15.1 COMPANY OVERVIEW
- 11.15.2 COMPANY INSIGHTS
- 11.15.3 PRODUCT BENCHMARKING
- 11.15.4 KEY DEVELOPMENTS
11.16 IKO INTERNATIONAL, INC.
- 11.16.1 COMPANY OVERVIEW
- 11.16.2 COMPANY INSIGHTS
- 11.16.3 PRODUCT BENCHMARKING
11.17 SBC LINEAR CO., LTD.
- 11.17.1 COMPANY OVERVIEW
- 11.17.2 COMPANY INSIGHTS
- 11.17.3 PRODUCT BENCHMARKING
11.18 DEL-TRON PRECISION, INC.
- 11.18.1 COMPANY OVERVIEW
- 11.18.2 COMPANY INSIGHTS
- 11.18.3 PRODUCT BENCHMARKING
- 11.18.4 LIST OF DISTRIBUTORS
11.19 PMI GROUP
- 11.19.1 COMPANY OVERVIEW
- 11.19.2 COMPANY INSIGHTS
- 11.19.3 PRODUCT BENCHMARKING
- 11.19.4 LIST OF DISTRIBUTORS
11.20 DANAHER MOTION
- 11.20.1 COMPANY OVERVIEW
- 11.20.2 COMPANY INSIGHTS
- 11.20.3 PRODUCT BENCHMARKING