Global Roller Screw Market By Overview
Introduction:
Roller Screw Market was valued at US$ 0.2 Billion in 2024 and is projected to grow at a CAGR of 6.20% to reach US$ 0.4 Billion by 2034.
Roller screws are precision screw-type actuators with low friction used to translate rotational motion into linear motion. Depending on the specifications and requirements, roller screws are utilized in a variety of industrial applications. Hard and soft machining, grinding, heat treatments, and assembly processes are all used in the production of roller screws. Steel comes in a variety of grades depending on the strength and hardness needed for the fabrication of roller screws. To further enhance its performance, the roller screw has a surface coating. Many motion/positioning systems in a range of industries, including manufacturing and aerospace, frequently include roller screw mechanisms.
In the upcoming years, it is anticipated that growing electric aircraft production would raise demand for electromechanical actuators, which will boost roller screw sales. The demand for roller screws is also growing due to OEMs' preference and automakers' increased focus on producing environmentally friendly electric vehicles. Additionally, rising demand for robots in the automotive industry and rising adoption of roller screws as electromechanical actuators across a variety of industries are fueling the target market's expansion over the forecast period. In the years to come, it is anticipated that greater use of roller screws in welding and riveting will fuel the market's expansion.
Global Roller Screw Market By Dynamics
Multiple Applications of Roller Screws in Various Industries Fuel the Market Growth
Several original equipment manufacturers (OEMs) in the food industries are switching from employing ball screws to the roller screw mechanism for a variety of pressurized depositing manifold applications which will lead to the growth of the target market. There is a gain in the fundamental dynamic load carrying capacity that is four times more than before after converting from ball screws to roller screws, as well as an improvement in the predicted service life from a few months to more than three years and would spur the expansion of Roller Screw Market. Rising demand for electric vehicles is anticipated to lead to an increase in manufacturing capacity and the uptake of raw materials such as roller screws for electric car manufacturers and eventually propel the growth of the Roller Screw Market.
For instance, in March 2018, Kia Motors India Pvt. Ltd, a wholly owned subsidiary of Hyundai Motor Corp. of South Korea announces their participation in bids to supply electric vehicles (EVs) to the government once its manufacturing unit is commissioned in the Anantapur district of Andhra Pradesh. The firm introduced an electric power train with its second or third product in India by 2021. The SP Concept, which was displayed at the Auto Expo in February, is the compact utility vehicle that Kia Motors India has already introduced to the Indian market.
Rising Demand for Roller Screws in Aerospace Industry Fuel the Market Growth
The aerospace sector has consistently grown since the start of the previous decade. Roller screws are widely used in applications that demand essential embedded actuation, such as flight controls and that would eventually propel the growth of the target market. Due to the rising use of high-performance roller screws as electromechanical actuators in the area of aerospace industry would be the major contribution in the growth of Roller Screw Market.
For instance, Steinmeyer, a manufacturing company that manufactures ball screws for a wide range of applications. The program includes ball screws, miniature ball screws, heavy duty ball screws developed and produced ball screws for aerospace applications in accordance with customer specifications. With a proven variety of products, 40+ years of experience in ball screw production, and EN 9100 (AS 9100) approved quality systems, their expertise is second to none in the global market. Rolled ball screws from Steinmeyer are in most of the cases a highly attractive alternative compared with other driving solutions, like rack and pinion or belt-drive systems. Their rolled ball screws are also used in linear modules in handling applications, in medical applications, and also on the feed axis in woodworking machining centers.
Restrains:
A crucial factor that is somewhat impeding the target market's expansion is the rising volatility in the price of raw materials. Some linear motors that require linear guides and roller screws demand a substantial investment in machinery since the price of roller screws is high and varies based on the size of the product. This is so that the price of roller screws might vary depending on the size of the product. In not-too-distant future, it is anticipated to slow down the expansion of the Roller Screw Market.
Global Roller Screw Market By Segmentation
Roller Screw Market is segmented based on Product Type, Application and Region.
Product Type Insights
On the basis of Product Type, Roller Screw Market is segmented into Standard, Recirculating, Inverted, and Bearing Ring. Standard product type segment is expected to dominate the growth of the target market, due to their widespread applications across various industries and their cost-effectiveness compared to other specialized variants. These screws find extensive usage in industries automation, manufacturing machinery, robotics and other sectors requiring reliable linear motion solution, is expected to dominate the growth of the target market.
Application Insights
On the basis of Application, Roller Screw Market is segmented into Oil and Gas, Aerospace, Automotive, Steel Manufacturing, and Others. The Oil and Gas segment is expected to dominate the growth of the target market, owing to the rising demand for roller screws in various applications such as wind turbines, hydraulic cylinders, and machine tools. The increasing demand for lightweight components in commercial aircraft is also anticipated to fuel the growth of Roller Screw Market.
Regional Insights:
On the basis of Region, the Roller Screw Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the target market in the near future, owing to the increasing demand from various end-use industries, such as oil & gas, automotive, and aerospace. Additionally, the rising investments by governments for expanding production capacities has also played a major contribution in the growth of the Roller Screw Market.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Product Type - Standard, Recirculating, Inverted, and Bearing Ring By Application - Oil and Gas, Aerospace, Automotive, Steel Manufacturing, and Others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Roller Screw Market report based on Product Type, Application and Region:
Roller Screw Market, By Product Type:
- Standard
- Recirculating
- Inverted
- Bearing Ring Gelatin
Roller Screw Market, By Application:
- Oil and Gas
- Aerospace
- Automotive
- Steel Manufacturing
- Others
Roller Screw Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Roller Screw Market By Key Players
The key players operating the Roller Screw Market includes, 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, and Bosch Rexroth Group.
Global Roller Screw Market By Key Issues Addressed
Recent Development:
- In January 2023, Moog, an American-based designer and manufacturer of electric, electro-hydraulic and hydraulic motion, controls and systems for applications in aerospace, defense, industrial and medical devices launched their “Roller Screw Fast-Delivery Program” in order to ship industrial customers the most commonly requested roller screws. For an example, an order of roller screws of diameters from 15 to 39 mm are delivered within six weeks of receiving an order.
- In November 2020, NSK Ltd., a world's leading manufacturers of bearings, linear technology and steering systems developed a ball screw technology in order to significantly reduce the quadrant glitches. The result of stabilizing friction during circular interpolation machining operations in machine tools when the ball screw changes direction of motion. This is the world's first technology of this type for ball screws. NSK exhibited the new technology at JIMTOF 2020 Online (The 30th Japan International Machine Tool Fair).
Global Roller Screw Market By Company Profile
- AB SKF*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- 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.
“*” marked represents similar segmentation in other categories in the respective section
Global Roller Screw Market By Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Market Segmentation, By Type, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Standard
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Recirculating
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Inverted
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Bearing Ring
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
Market Segmentation, By Application, 2024 – 2034, (US$ Bn)
-
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Oil and Gas
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Aerospace
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Automotive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Steel Manufacturing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Global Market, By Region, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- AB SKF
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Creative Motion Control
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Rollvis SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Kugel Motion Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Nook Industries
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Moog, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Power Jacks Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- August Steinmeyer GmbH & Co. KG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Schaeffler AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Bosch Rexroth Group.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- AB SKF
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
The Roller Screw Market is segmented into Type, Application, and Region.
The Roller Screw Market is driven by factors such as the growing demand for precision and high-performance linear motion systems, advancements in manufacturing technologies, and the advantages of roller screws in various applications, including aerospace, automotive, and industrial machinery.
The higher cost compared to traditional screw systems, the need for precise engineering and maintenance, and competition from alternative linear motion technologies, acting as restraints for the Roller Screw Market globally.
North America, Europe, Asia-Pacific, and Latin America. Europe is expected to dominate the Roller Screw Market, driven by a strong manufacturing base, technological advancements, and the adoption of roller screw technology in industries such as automotive and aerospace in the region.
The key players operating the Roller Screw Market includes, 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, and Bosch Rexroth Group.