Global Screw Jacks Market: Overview
A mechanical tool called a screw jack uses a screw mechanism to elevate or lower the weight. For a variety of industrial machinery uses, including tipping, lifting, lowering, or transporting, screw jacks are frequently utilised. For the needs of linear actuation, screw jacks are crucial. The type of weight, desired speed for lifting, environmental circumstances, etc., all have a role in the choice of screw jacks.
The screw jacks can be controlled manually, electrically, hydraulically, and pneumatically. The screw jacks are made using unique materials to withstand the harsh climatic conditions and under intense chemical or mechanical conditions. The trapezoidal lifting screw, worm gear, worm screw, and gear housing are some of the essential components of screw jacks.
The worm gear rotation ratio and thread size both affect the linear motion speed, which is controlled by the lifting screw. The screw jack is a crucial piece of equipment used in a variety of businesses, including those that process food, put up theatre stages, run industrial operations, build buildings, employ mechanical lifting equipment, etc.
For applications requiring simultaneous motions, several screw jacks may also be connected. The excellent operable features of screw jacks, such as their ease of mounting and ability to extend to a large area with the help of other accessories, are what primarily fuel the global market for them.
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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.
Segmentation
On the basis of lubrication
- Grease lubrication
- Oil lubrication
On the basis of load capacity
- 5 kN-100kN
- 101-1000kN
- More than 1001kN
On the basis of the application
- Production Equipment
- Assembly & Repair
- Building
- Mechanical Handling
- Mining
- Metal Manufacturing
- Others
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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.
Key Players
- 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
Regional analysis includes
- North America (Canada, The U.S.)
- Latin America (Mexico, Brazil, Rest Of Latin America )
- Western Europe (Germany, Italy, France, U.K, Spain, Netherlands, BENELUX, Nordic countries )
- Eastern Europe ( Russia, Rest Of Eastern Europe)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC countries, S. Africa, and Rest Of MEA)
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