The Market Reports

Synopsis
The global market for Automotive Precision Ball Screw was estimated to be worth US$ 958 million in 2024 and is forecast to a readjusted size of US$ 2489 million by 2031 with a CAGR of 14.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Automotive Precision Ball Screw cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
An automotive precision ball screw is a mechanical component used in vehicles to convert rotational motion into linear motion with high accuracy and minimal friction. It consists of a screw shaft and a ball nut, with steel balls circulating between them to reduce friction and ensure smooth, precise movement. This type of ball screw is often used in steering systems, actuators, and other applications requiring precise control and efficiency.

Automotive precision ball screws are used in vehicle steering systems, transmission systems, suspension and shock absorption systems, braking systems, etc., replacing traditional hydraulic designs. With the development trend of automotive intelligence and electrification, ball screws play the role of key components in the automotive field and have a wide range of applications.
The future development of the automotive precision ball screw market is affected by several key factors:
Technological progress: Innovations in ball screw design and manufacturing technology, such as the use of advanced materials and improved lubrication systems, can improve performance, durability and efficiency.
The growth of electric and autonomous vehicles: The rise of electric vehicles (EVs) and autonomous driving technology has created demand for precision components that support advanced steering systems, drive-by-wire mechanisms and automated functions.
Greater focus on vehicle performance and efficiency: Automakers are constantly looking for ways to improve vehicle handling, fuel efficiency and overall performance, which drives the demand for high-precision components such as ball screws.
Regulatory standards and safety requirements: Changing regulations and safety standards affect the design and specifications of automotive components (including precision ball screws) to meet new requirements for reliability and performance.
Economic factors: Fluctuations in raw material prices, trade policies, and economic conditions can affect production costs and overall market dynamics.
Consumer preferences: Growing consumer expectations for advanced features, including precision and reliability in vehicle systems, can drive demand for high-quality ball screws.
Manufacturing and supply chain innovation: Improvements in manufacturing processes, automation, and supply chain management can affect the availability, cost, and quality of precision ball screws.
Currently, the market is highly competitive, and manufacturers are mainly divided into self-production and self-sales and export types. For the future development of manufacturers, in addition to using the strategic layout of both production and sales to cope with the uncertainties brought about by factors such as the epidemic and trade instability, it is more necessary to rely on the functions and technologies of ball screw manufacturers to ensure survival in a rapidly changing market environment. In recent years, the demand for high-speed, high-precision, and high-quality processing has been growing. Especially with the continuous expansion of applications in the automotive and electric vehicle industries, in order to achieve high-speed or precision processing, in addition to strengthening the structural rigidity design of mechanical equipment, product technology is also constantly developing in the direction of high precision, high speed, high load, and low noise.
This report aims to provide a comprehensive presentation of the global market for Automotive Precision Ball Screw, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Automotive Precision Ball Screw by region & country, by Type, and by Application.
The Automotive Precision Ball Screw market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Precision Ball Screw.
Market Segmentation
By Company
NSK
Bosch Rexroth
NTN
JTEKT
THK
Hiwin
Kuroda
Segment by Type
External Ball Screw
Internal Ball Screw
Segment by Application
Passenger Cars
Commercial Vehicle
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Automotive Precision Ball Screw manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Automotive Precision Ball Screw in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Automotive Precision Ball Screw in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index