Press release
Roller Screw Market is expected to rise at a value CAGR of 6.4% throughout 2025
Roller Screw Market
Several aspects of the market are assessed across the key regions of North America, Latin America, Europe, Asia Pacific and Middle East and Africa. This exhaustive research study on roller screw market also includes competitive assessment which can be used to achieve strategic advantage over the competition in the long run. A detailed market segmentation helps to evaluate the value and volume projections of all segments for a period of eight years from 2017-2025.
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Global Roller Screw Market: Forecast Highlights
The global roller screw market is expected to grow at a robust rate during the forecast period to reach a market valuation a bit lower than US$ 340 Mn by the end of the assessment year, 2025 from a value of more than US$ 200 Mn in 2017. The global market for roller screws is expected to rise at a value CAGR of 6.4% throughout the period of forecast.
Global Roller Screw Market: Segmental Snapshot
The global roller screw market is segmented on the basis of product type, end use industry and region.
By product type, standard segment is the largest and is expected to lead the global market in the coming years. On the contrary, recirculating segment is projected to grow at the highest rate during the forecast period
By end use industry, automotive segment is the largest with respect to value. The aerospace segment is poised to grow at a high value CAGR of 7.8% throughout the assessment period
With respect to region, Europe is expected to radiate high market attractiveness. The adoption of roller screws is increasing in this region owing to growing automotive sector. North America is the second largest with respect to market value
Global Roller Screw Market: Dynamics Impacting Growth
Growing production of electric aircrafts is expected to increase the demand for electromechanical actuators that in turn are poised to push the sales of roller screws in the coming years. Moreover, increasing preference of OEMs for roller screws, increasing focus of manufacturers of automobiles to produce environment friendly electric vehicles (that is boosting the demand for electromechanical actuators), growing demand for robots in the automotive sector, growing use of roller screws as electromechanical actuators in various industries, and increased adoption of roller screws in welding and riveting is expected to boost the growth of the global roller screws market in the years to follow. However, high price as compared to alternatives of roller screws (such as ball screws that are lower in pricing) and complexity involved in the manufacturing of roller screws are expected pose challenges to the growth of the global market.
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Global Roller Screw Market: Competition Assessment
The global roller screw market research report includes comprehensive analysis on the various players involved in roller screw manufacturing. Intelligence on these competitors can provide a base to identify new strategies and execute new plans to gain an edge over the competition. Few of the players profiled in the research report include
Prominent players operating in the Roller Screw Market players consist of the following:
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
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The Industrial Automation team at Persistence Market Research provides expert opinions and incisive inputs about broad array of products used extensively in the manufacturing industry. The team has compiled comprehensive market research reports on gears, valves, bearings, special purpose machinery, and other key segments in this evolving landscape. In addition to offering syndicated market research studies, the team consults clients from all across the globe on their unique, strategic needs. Need help with your next project? Feel free to reach out.
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