Ball Screws Market Expected to Reach USD 8,662.46 Million by 2031, Growing at 8.5% CAGR – Key Developments from NSK, Schaeffler, THK, and Tsubaki Nakashima

Posted on | by Markets Glob
Global Ball Screw Market
The global Ball Screws Market continues to demonstrate strong momentum, reaching a value of USD 4,893.65 million in 2024. According to the latest research published by MarketsGlob, the market is projected to grow at a compound annual growth rate (CAGR) of 8.5% during 2025–2031, ultimately reaching USD 8,662.46 million by 2031.

The global Ball Screws Market continues to demonstrate strong momentum, reaching a value of USD 4,893.65 million in 2024. According to the latest research published by MarketsGlob, the market is projected to grow at a compound annual growth rate (CAGR) of 8.5% during 2025–2031, ultimately reaching USD 8,662.46 million by 2031.

This growth is attributed to rising demand across sectors like machine tools, semiconductor manufacturing, electric vehicles, and automation industries. Increasing investment in precision machinery and energy-efficient components is also fueling the global adoption of ball screws.

Key Players Shaping the Market

The report highlights a mix of established and emerging companies contributing to market evolution. Leading names include:

Note: The list of players mentioned above is not exhaustive. To explore the full list and in-depth company profiles, we recommend requesting a sample report.

Market Segmentation Snapshot

By Product:

  • Internal Circulation Ballscrew

  • External Circulation Ballscrew

By Application:

  • Semiconductor & LCD Production Equipment

  • Machine Tools & Injection Molding Machines

  • Others

By Sales Channel:

  • Direct Channel

  • Distribution Channel

By Region:

  • North America (U.S., Canada, Mexico)

  • Europe (Germany, UK, France, etc.)

  • Asia-Pacific (China, Japan, India, etc.)

  • South America

  • Middle East & Africa

Note: Custom segmentation options are available. Contact us for tailored insights based on your specific research requirements.

 

Recent Industry Developments

1. NSK Launches MT-Frix™ Low-Friction Ball Screws
In April 2025, NSK Ltd. introduced its MT-Frix™ series, featuring low-friction ball screws optimized for machining applications. These screws offer significantly reduced dynamic friction torque and heat generation—enhancing machine tool precision and operational efficiency. source

2. Schaeffler Begins Production for Chinese EV Makers
Schaeffler announced in April 2025 that it has started production of high-performance ball screw drives for leading Chinese electric vehicle manufacturers. The initiative is part of its strategic move to support the EV market with precision motion control components. source

3. THK Unveils SDA-VZ Precision Ball Screws
In December 2024, THK launched the SDA-VZ series—ready-to-install ball screws featuring standardized end machining and matching support bearings. This launch aims to streamline assembly processes and reduce lead times for customers. source

4. Tsubaki Nakashima Investigates Data Falsification
In November 2024, Tsubaki Nakashima revealed issues concerning quality data falsification in the inspection of its ball screws. The company temporarily halted shipments and formed an independent committee to investigate and strengthen its compliance measures. source

Stay tuned with MarketsGlob for further updates on the ball screws market, emerging technologies, and detailed company-level insights.