Global Precision Ball Screw for Electric Vehicle Market Growth 2025-2031

The global Precision Ball Screw for Electric Vehicle market size is predicted to grow from US$ 780 million in 2025 to US$ 1180 million in 2031; it is expected to grow at a CAGR of 7.1% from 2025 to 2031.

A Precision Ball Screw is a mechanical device that converts rotational motion into precise linear motion with minimal friction, using a recirculating ball mechanism. In Electric Vehicles (EVs), precision ball screws are used in various applications such as steering systems, braking actuators, suspension systems, and battery assembly equipment. They provide high efficiency, accuracy, and durability, making them essential for improving the performance and energy efficiency of EV components.

United States market for Precision Ball Screw for Electric Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Precision Ball Screw for Electric Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Precision Ball Screw for Electric Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Precision Ball Screw for Electric Vehicle players cover NSK, Bosch Rexroth, NTN, JTEKT, THK, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Precision Ball Screw for Electric Vehicle Industry Forecast” looks at past sales and reviews total world Precision Ball Screw for Electric Vehicle sales in 2024, providing a comprehensive analysis by region and market sector of projected Precision Ball Screw for Electric Vehicle sales for 2025 through 2031. With Precision Ball Screw for Electric Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Precision Ball Screw for Electric Vehicle industry.

This Insight Report provides a comprehensive analysis of the global Precision Ball Screw for Electric Vehicle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Precision Ball Screw for Electric Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Precision Ball Screw for Electric Vehicle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Precision Ball Screw for Electric Vehicle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Precision Ball Screw for Electric Vehicle.

This report presents a comprehensive overview, market shares, and growth opportunities of Precision Ball Screw for Electric Vehicle market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Diameter <16MM
Diameter 16-50MM
Diameter >50MM

Segmentation by Application:
Steering Systems
Braking Actuators
Suspension Systems
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
NSK
Bosch Rexroth
NTN
JTEKT
THK
Hiwin
Kuroda

Key Questions Addressed in this Report

What is the 10-year outlook for the global Precision Ball Screw for Electric Vehicle market?

What factors are driving Precision Ball Screw for Electric Vehicle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Precision Ball Screw for Electric Vehicle market opportunities vary by end market size?

How does Precision Ball Screw for Electric Vehicle break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.