In new energy vehicles, Ball Screws can be applied to key parts such as braking systems, braking systems, and steering systems. Especially in the steering system, the Ball Screw can translate the driver's steering command into a precise steering action of the front wheels, which greatly improves the handling and stability of the vehicle. With the continuous expansion of the downstream market for new energy vehicles in recent years, the demand for rolling functional components is expected to increase accordingly. The size of the vehicle lead screw market is expected to grow rapidly from 7.6 billion yuan in 2023 to 38.9 billion yuan in 2030, and the market has broad prospects.
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