Overview:

The global roller screw market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Roller screw is a type of screw having grooved rollers recirculated back to their starting point on one side of the nut. It is a mechanical device, a low friction precision screw type actuator. The roller screw is also called as satellite roller screw or planetary roller screw. Roller screw converts linear motion to rotational motion and vice versa.

Market Dynamics:

The growing end use industries such as automotive, aerospace, and oil & gas is resulting in growing demand for roller screw. This is a primary factor driving growth of the global roller screw market. Roller screw plays an important role in automotive, aerospace, oil & gas industries and is a major part of various machines and in various operations such in broaching, in plastic molding machine, in surface and subsea valves that are used in oil & gas industries.

In addition, increasing industrialization and rising sales of automotive vehicles and commercial and military aircrafts are other major factors supporting target market growth. Also, rising use of roller screw owing to their high load carrying capacity, large number of contact points, good operating capability in stable friction torque, and high rotating speed than a ball screw. These are some beneficial features of roller screw is expected to drive growth of the global market during the forecast period.

However, increasing fluctuation in the raw material cost is a major factor hampering growth of the target market to a certain extent. Nevertheless, rising product availability on E-commerce sales channels is expected to offer lucrative revenue generation opportunities for the key players during the forecast period.

Key Trends:

Growing product launches of by key players is a key trend witnessed in the global market. For example, Creative Motion Control has launched new line of CMS roller screws in April 2017. The increased product portfolio is expected to support the company to gain competitive edge and increase their sales in the forecast period.

Regional Analysis:

For detailed understanding of market dynamics, the global roller screw market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Europe is accounted for the major revenue share in 2019, owing to strong presence of end use industries in countries in the region. The major automotive and aerospace companies are located in this region which is resulting in high demand for roller screws in the region.

However, Asia Pacific region is expected to witness highest CAGR during the forecast period. This is associated with increasing industrialization, growing manufacturing industries, and increasing consumer base in countries such as China and India.

Scope of the Report:

Detailed Segmentation:

Global Roller Screw Market, By Type:

• Non-recirculating Roller Screw
• Inverted Roller Screw
• Recirculating Roller Screw
• Bearing Ring Rolling Screw

Global Roller Screw Market, By Application:

• Oil & Gas
• Aerospace
• Automotive
• Other Industries

Key Players Covered:

Key players operating in the global roller screw market includes AB SKF, Creative Motion Control, Rollvis SA, Power Jacks Limited, Bosch Rexroth Group, Kugel Motion Limited, Moog, Inc., Schaeffler AG, Nook Industries, Inc., and August Steinmeyer GmbH & Co. KG.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Roller Screw Market by type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2019 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global roller screw market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.