Zion Market Research: Accelerating Progress: Ball Screw Market Size Forecasted to Grow to USD 40 57 Billion by 2030 with 7 32% CAGR in Global Heavy Industry Sector finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ As per Zion Market Research study, The global ball screw market size was worth around USD 23.05 billion in 2022 and is predicted to grow to.
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The stepper motor market in North America was valued at US$ 504.6 million in 2019 and is projected to reach US$ 735.4 million by 2027; it is expected to grow at a CAGR of 5.3% from 2020 to 2027.
Miniaturization is a constant concern for several industries, as well as one of the key trends in the current market scenario. Everything from desktop to hand tools and factory equipment are getting smaller and more powerful motors are desired for motion and positioning systems. With the equipment size getting exponentially smaller, the issues regarding designing devices to fit the equipment are increasing.