Market Report Summary
Market – Roller Screw Market
Market Value – US$ 457.5 Mn in 2031
Market CAGR Value – 5.6% in 2021 to 2031
Market Forecast Year – 2021 to 2031
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Global roller screw sales were valued at US$ 233.4 Mn in 2020, with balanced long-term projections, according to latest insights by Persistence Market Research. The report estimates the market to expand at 5.7% CAGR from 2021 to 2031. There is growing need from the automotive industry for planetary roller screws due to enhancement in the efficiency of applications such as vehicle control sub systems.
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Roller screws provide better efficiency then other types of screw type such as ACME and ball screws, as roller screw actuators are used for much more robust working than ball screw and can withstand greater shock load. They are also used when a designer or user is seeking an alternative to pneumatic actuators.
Demand for roller screws and other types such as high-performance roller screws other waned in 2020 due to the COVID-19 pandemic; however, the market is set to get back on track in 2022 and onwards.
Key Players:
The report has profiled some of the Important players prevalent in the global like – AB SKF, Creative Motion Control, Rollvis SA, Kugel Motion Limited, Nook Industries Inc., Moog Inc., Power Jacks Limited, August Steinmeyer GmbH & Co. KG, Schaeffler AG, Bosch Rexroth Group, and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Roller Screw.
Key Takeaways from Market Study
- Rapid growth and improving prosperity imply that energy demand is increasing, which is stemming from developing economies, particularly within Asia, rather than traditional markets in OECD.
- Robots are utilized in automotive production throughout the world. Main applications for robots in the automotive industry are spot welding of stamped sheet metal parts. Nowadays, consistency and accuracy are mostly important to guarantee a quality vehicle. Electric actuators are replacing pneumatic and hydraulic versions as they are more consistent, accurate, and long-lasting.
- Increased dispatch reliability, reduced gas emissions, and less operating cost and maintenance have underscored the aircraft industry’s push towards the concept of electric aircraft and more electric aircraft (MEA).
- Market in the U.S. to surge at around 6.2% CAGR through 2031.
- Increasing production of electric aircraft supporting demand for electromechanical actuators.
“Amplifying the requirement for better efficiency and replacement for conventional pneumatic actuators, roller screw technologies are being used in the automotive and aerospace industry,” says a Persistence Market Research analyst.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Roller Screw Market Manufacturers
Roller Screw Market Distributors/Traders/Wholesalers
Roller Screw Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Highlights of the Roller Screw Market Report:
- The Roller Screw Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Roller Screw Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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