About Lead Screw
The lead screw is defined as the type of screw which is mostly used as a linkage in machines. It can easily convert rotary motion into linear motion. It is also known as a power screw. Numerous benefits of using lead screw on the industry such as easy to maintain, simple to design, easily modified nut designs, offer a very large mechanical advantage, have self-locking features, among others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Numerous players are present in the market hence fragmented nature of the market. Various Companies such as Nook Industries Inc. (United States), Roton Products, Inc. (United States), Moore International Ltd (United Kingdom), among others are some of the major players of this market Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Lead Screw market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nook Industries Inc. (United States), Roton Products, Inc. (United States), Moore International Ltd (United Kingdom), Thomson Industries (India), Helix (United States), Haydon Kerk Motion Solutions (United States), THK Co., Ltd. (Japan), Barnes Industries, Inc. (United States), Misumi Group Inc. (Japan) and Sterling Instrument Company (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Dynatect Manufacturing, Inc. (United States), Beaver Aerospace & Defense (United States), Thread-Craft Inc. (United States) and Joyce Dayton Corp (United States).
Segmentation Overview
AMA Research has segmented the market of Global Lead Screw market by Type (Square Thread, Acme Thread and Buttress Thread), Application (Precise Instrument, Electronic Machinery and Others) and Region.
On the basis of geography, the market of Lead Screw has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vertical Industry, the sub-segment i.e. Medical & Diagnostics Industry will boost the Lead Screw market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Various Top Players such as Nook Industries Inc. (United States), Roton Products, Inc. (United States), among others are Focusing on Product Enhancement
Market Growth Drivers:
Rising Demand for Customized Design and Advanced Taper-Lock Technology and Increasing Usage of Lead Screw in Various Application such as Medical & Diagnostics Industry, Automotive Industry, among others
Challenges:
Issue related to Poor Efficiency of Some Products and High Friction between Male and Female Part
Restraints:
Numerous Alternatives of Lead Screw Products is Available in Market Such as Piezoelectric Actuation, Electromagnetic Actuation, Gear Trains, among others
Opportunities:
Strong Opportunity in Automotive Industry, Due To Increased Use of Lead Screw in in Unmanned Aerial Vehicles and Rising Demand from Emerging Economics market such as China, India, Brazil, Philippines, among others
In January 2022, Helix Linear Technologies Cuts Ties with Nook Industries and Launched Ball Screw Product Line.
Key Target Audience
Manufacturers of Lead screw, Suppliers of Lead screw, Wholesalers, distributors and retailers of Lead screw, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.