Screw Jacks Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


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Global Screw Jacks Market: Overview

Screw jacks is a mechanical device which includes screw mechanism to raise or lower the load. Screw jacks are widely used for industrial machinery for varied applications such as tipping, lifting, lowering or moving. Screw jacks play an important role for linear actuation requirements. The selection of screw jacks depends on various factors such as the type of load, desired speed for lifting, temperature conditions etc. The screw jacks are operated with pneumatic, electrical, hydraulic, and manual inputs. Under extreme chemical or mechanical conditions, the screw jacks are manufactured with special materials and in order sustain the extreme environmental conditions. Some of the key parts of screw jacks are trapezoidal lifting screw, worm gear, worm screw and gear housing. The lifting screw controls the linear motion speed which is dependent upon the thread size and worm gear rotation ratio. The screw jacks is an important device for industries where is used for various applications such as food processing machinery, theatrical stage setups, industrial processes, construction, mechanical lifting applications etc. More than one screw jacks can also be connected together for applications which require simultaneous movements. The global screw jack market is primarily driven by its excellent operable features such as easy to mount and extend till a wide area with the aid of other accessories.

Global Screw Jacks Market: Drivers and Restraints

The machinery is an integral part in today’s era of manufacturing where both its production and maintenance is necessary. The demand for mechanical components is on the rise owing to the growth of end-use industries. For instance, manufacturers expanding their production capacity requires additional machinery which in turn aids in driving the global screw jack market. The industries such as heavy machinery, defence, shipyards, mining, construction are the major end-users responsible for screw jack consumption. Furthermore, the demand for modular designs to offer quick assembly boosts the global screw jacks market.

Global Screw Jacks Market:  Segmentation  

On the basis of lubrication, roller screw market can be segmented as follows:-

  • Grease lubrication
  • Oil lubrication

On the basis of load capacity, screw jacks market can be segmented as follows:-

  • 5 kN-100kN
  • 101-1000kN
  • More than 1001kN

On the basis of application, screw jacks market can be segmented as follows:-

  • Production Equipment
  • Assembly & Repair
  • Building
  • Mechanical Handling
  • Mining
  • Metal Manufacturing
  • Others

Global Screw Jacks Market:  Region wise Outlook

The global screw jack market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). In the Western European region, the industrial automation is extremely robust with advanced technologies and mechanical engineering is considered to be a major contributor to the region’s economy. Furthermore, the mechanical engineering is also very innovative with diversified industrial base which is expected to drives the screw jacks market in the region. Latin America and Eastern Europe regions are primarily impacted by low economic growth which has drastically affected the GDP thereby slowing down the region’s manufacturing sectors. This impact is also further carried forward to the various machinery component manufacturers and hence the screw jack market is expected to grow at below average CAGR during the forecast period. In the APEJ region, the development of manufacturing industries is at the cycle of the growth phase, also due to the market saturation in the western countries, most of the manufacturers are shifting their plants in APEJ region to gain profit margin. The screw jack market in APEJ region is expected to be benefitted by various factors such as favourable economic condition, government subsidies and policies for setting up component manufacturing, growing end-use industries such as automotive, construction, food, paper etc.

Global Screw Jacks Market:  Key Players

Some of the prominent players identified in the global screw jacks market include:

  • Power Jacks Limited
  • Haacon Hebetechnik GmbH
  • Joyce Dayton
  • Unimec SPA
  • ANDANTEX Ltd
  • Thomson Industries, Inc.
  • Maschinenfabrik Albert GmbH
  • JM Engineering Works
  • Lim-Tec Beijing Transmission Equipment Co., Ltd?
  • SIJIE ININDUSTRIAL CO., LTD
  • ZIMM

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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