Frequently Asked Questions:
Owing to the onset of COVID-19, the global ball screw market noted a negative market growth in 2020 as the manufacturing units were shut in regions that were manufacturing these products also, the cost of raw materials such as steel was high during the period affecting the market.
Asia Pacific accounted for the largest global ball screw market share.
Increasing use in various industrial verticals owing to the advantage is a major diver of the ball screw market.
The rolled segment had a major share in the global market in 2022.
In 2022, the aviation & aerospace segment had a major share in the global market.