Roller screws market is estimated to expand 6% from 2023 to 2030. Roller screws have a cylindrical roller and nut on the shaft. Because the roller provides support along its length, it can be used when reciprocating motion generates axial forces. Roller screws are used as linear or rotary actuators because they can convert linear to rotary motion. Europe will be roller screw suppliers' most lucrative market. The region has a strong presence throughout the whole value chain, which is important for expanded application in industries including automotive and aerospace. Rising oil and gas exploration in emerging economies will boost the worldwide roller screw market. Growing interest in electric vehicles is fuelling demand for robots across all industries, which will lead to more roller screws in the automotive industry to enhance productivity. Their superior mechanical efficiency allows them to conserve more energy than pneumatic actuators. Recirculating roller screws provide linear motion for downhole and surface completion tools. This is achievable because to the great capacity range and efficiency and accuracy of these screws. Roller screws are increasingly used in electric aeroplanes as actuators to convert rotational motion to linear motion.
Several food OEMs are switching from ball screws to roller screws for pressured depositing manifolds. After converting from ball screws to roller screws, manufacturers claimed a four-fold increase in dynamic load carrying capability and a three-year service life. Offshore lifting, heavy-loaded valves, pipe tensioning, wireline and downhole equipment, and subsea actuations require roller screws. Other uses include: Roller screws boost oil and gas output, dependability, and efficiency.
Since 2000, the aerospace industry has grown steadily. Flight controls use roller screws for embedded actuation. Aerospace is the fastest-growing market category due to increased use of high-performance roller screws as electromechanical actuators. Roller screw electromechanical actuators are used to press vehicles. Automotive is most profitable. Steelmakers utilise roller screws in tundish cars for continuous casting. Roller screws are ideal for these uses. Their strong roller screw nuts can withstand stress loads, and their timing mechanism ensures reliability in harsh conditions.
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The growth of end-use industries including automotive, aerospace, and oil & gas has increased the demand for roller screws. This is one aspect driving roller screw market growth. Roller screws are used in broaching, plastic moulding, and oil and gas surface and subsea valves. It's used in automotive, aerospace, and oil and gas industries.Increasing industrialization, commercial and military aircraft sales, and auto sales also strengthen the target market. Due to their high load carrying capacity, huge number of contact points, good operating capability under stable friction torque, and higher rotation speed than ball screws, roller screws are replacing ball screws.
Growing demand for high output and operational duty in automated applications such machine presses, industrial automation, and others is expected to drive the target market. Advantages of roller screw over conventional systems are also expected to support market growth. Minimum system footprint, low maintenance, and long functioning life are advantages. The global roller screw market is expected to increase due to the widespread usage of roller screws in a number of machines and equipment, especially in the electrical, automotive, material handling, and semiconductor sectors. The global roller screw market is expected to develop due to growing demand from end-use industries.
Growing demand for electric vehicles is expected to enhance production capacities and raw material usage. Major market participants and automakers are developing new production facilities. This is one of the main aspects expected to provide roller screw makers with attractive market chances. Non-recirculating roller screw should account for most revenue. Inverted roller screws are expected to be the second-largest revenue contributor.
Increased global demand for electric vehicles is expected to enhance production capacity and raw material uptake. Several automakers are opening new plants and factories. This should create profitable business prospects for roller screw makers, giving them a competitive edge in the market.The global roller screw market is expected to grow due to need for higher productivity and operational duty in machine presses, factory automation, and other mechanical applications. Roller screws offer improved load-bearing and cycle-durability over hydraulic systems. The global roller screw market is expected to grow due to their widespread use across industries, sectors, and applications. The fact that these screws provide more motion-control elasticity in terms of velocity, position (multiple locations, precision), output force, acceleration, and compound control under varied situations is expected to drive the worldwide roller screw market.Increasing raw material price volatility is a hindrance to the target market's expansion. Despite this, increased product availability through e-commerce sales channels is expected to benefit large participants. Some linear motors that require linear guides and roller screws require a large investment in machinery due to their high cost. Roller screw costs vary by product size. This is expected to slow roller screw market growth in the near future.
Automotive and aerospace sectors accounted for 45% of the global market share in 2021 due to strong demand for high-performance roller screw technology and customised roller screws. These industries need to develop vehicle control subsystems and flight control. Aerospace actuators commonly use roller screws for their long-term stability and motion accuracy. Roller screws are suited for heavy-duty applications like baggage handling equipment or aeroplane brakes. Roller screws are used in engine mounts, power steering gears, and valve actuation. Recirculating roller screws are widely used in the automobile industry due to their low vibration.
North America should be the largest roller screw market in 2021. The US contributes significantly to this region because it performs the most oil exploration. Royal Dutch Shell plc, Chevron Corporation, and Exxon Mobil Corporation have boosted their interests in Latin America, making it an important market.Europe will be the second-largest market for roller screws by 2030. A huge population base, increasing industrial investments, and expanding automotive sector demand are predicted to drive roller screw market expansion in Asia-Pacific, the fastest-growing region. Forecasters expect Middle East and Africa to have poorer growth rates through 2030 due to reduced economic activity.
Top players represent 60% to 70% of the roller screw market's revenue. Market participants work closely with end customers while seeking possibilities to expand geographically. Innovation, partnerships, and strategic alliances are crucial initiatives. Collaborations, strategic alliances, and partnerships are also important. Active market participants include AB SKF, Rollvis SA, Creative Motion Control, Moog, Inc., Power Jacks Limited, Kugel Motion Limited, Nook Industries, Inc., Bosch Rexroth Group, August Steinmeyer GmbH & KG, Schaeffler AG, and Others.
