Press release
Global roller screw market to witness high growth in the years to follow
According to this research report, the global market for roller screws is expected to witness significant growth during the period of forecast. The global market for roller screws was valued at around US$ 205 Mn in 2017 and is expected to reach a value of more than US$ 335 Mn by the end of the period of forecast (2025). During the period of assessment, the global roller screw market is projected to expand at a value CAGR of 6.4%. This growth can be attributed to the increasing use of roller screws in electric aircrafts where they are used as actuators that convert the rotary motion of the aircraft into linear motion. Also, increasing focus on electric vehicles, increasing demand for robots across industries, growing automation in the automotive sector to enhance vehicle efficiency and growing use of roller screws in oil and gas industry have contributed to the growth of the global roller screw market.
Request for sample report: https://www.persistencemarketresearch.com/samples/15469
Growing preference of Original Equipment Manufacturers (OEMs) for automated production systems to unlock new opportunities for growth
The market for roller screws is highly competitive. Several small players are investing in this market and are struggling to gain hold on the market by consuming substantial market share. These players are striving to tap new revenue pockets across the globe with a view to expand business operations and reach high level prospects in different end use industries. OEMs are focusing on automated production systems in order to enhance the product and service quality. This has pushed them to produce compact systems that consume less space. Roller screws are widely used in automated assembly cells for various operations that need repeatable and precise linear motion, for instance operations such as riveting and welding. This is expected to present lucrative growth opportunities with respect to roller screw adoption in the coming years.
Automotive sector – a fast consumer of roller screws – is shaping the global market growth
Roller screws are used as electromechanical actuators in order to carry out pressing applications in vehicle manufacturing. They are widely used in robotic welding guns during the manufacturing of chassis of cars. Electromechanical actuators driven by roller screws are effective solution to meet the ever rising demand of production in the automotive sector. The automotive segment is the most lucrative end user segment and is expected to grow at a value CAGR of 5.2% during the forecast period. In 2017, this segment was valued at about US$ 71 Mn and is anticipated to reach a value of more than US$ 100 Mn by the end of the year of assessment, 2025. This segment dominates the global market with respect to value as well as volume throughout the period of forecast.
Request Report TOC @ https://www.persistencemarketresearch.com/methodology/15469
Demand for roller screws to rise in the aerospace industry in the years to follow
Aerospace industry has been witnessing steady rise since past years. Roller screws are used for critical embedded actuation applications like flight controls. The aerospace end user industry segment is the fastest growing segment owing to increased adoption of roller screws as electromechanical actuators in this sector. The aerospace segment is projected to grow at a high value CAGR of 7.8% during the period of assessment.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global roller screw market to witness high growth in the years to follow here
News-ID: 1536207 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
