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Global Roller Screw Market Analysis and Review by Product (Standard Roller Screws, Recirculating Roller Screws, Inverted Roller Screws and Bearing Rings)
[168 Pages] Persistence Market Research (PMR) has valued the global Roller Screw market at US$ 302.8 Mn in 2023 and has projected the market to grow at a value CAGR of 5.8% to reach a valuation of US$ 532.2 Mn by 2033.
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Global Roller Screw Market Size (2022A) |
US$285.3 Mn |
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Estimated Market Size (2023E) |
US$302.8 Mn |
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Projected Market Value (2033F) |
US$ 532.2 Mn |
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Value CAGR (2023-2033) |
5.8% |
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Collective Share: Top 3 Countries (2023E) |
47.4 % |
For a range of pressurized depositing manifold applications, several original equipment manufacturers (OEMs) in the food industry are switching from ball screws to the roller screw mechanism. After switching from ball screws to roller screws, manufacturers reported a four-fold improvement in fundamental dynamic load carrying capabilities, as well as an increase in projected service life from a few months to more than three years. Roller screws are extensively used in the oil and gas industry for heavy-loaded valves, offshore hoisting, subsea actuations, wireline and downhole equipment, and pipe tensioning.
Europe is anticipated to hold a majority of the share in the market owing to an increasing number of industrial investments and growing demand from the automotive industry. According to PMR, Europe will hold 65% of the market in 2033.
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The global roller screw market grew at a CAGR of around 6.6% between 2017 and 2022. The roller screw application industry is highly competitive, with key companies having a global presence.
It is expected that a rise in global demand for electric vehicles would result in an increase in production capacity as well as an increase in raw material consumption for electric vehicles. Many automakers are focusing their efforts on constructing and introducing new plants and production facilities. The advancement is expected to offer profitable commercial opportunities for roller screw makers, allowing them to gain a competitive advantage in the market.
Additionally, growing industrialisation, as well as increased sales of commercial and military aircraft, as well as automobiles, are essential factors driving the target market's expansion. According to Persistence Market Research, the market will grow at a 5.8% CAGR through 2033.
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One of the key factors expected to drive the target market's growth is the growing demand for increased productivity and high operating efficiency for automated applications such as factory automation, machine presses, and other similar applications. Additionally, the advantages of roller screw over conventional methods are projected to boost the expansion of the target market. These benefits include a smaller system footprint, lower maintenance, and a longer functional life. The global roller screw market is expected to develop in the near future as a consequence of the widespread usage of roller screws in a number of machines and equipment, particularly in key end-use sectors such as electronics, automotive, material handling, and semiconductor.
“Utilization of Roller Screw in the Electromechanical Actuators for Various Applications”
Roller screws are one of the most efficient and reliable components for electromechanical actuators. Generally, planetary roller screws are utilized in these actuators because of their inherent capacity to withstand high speed and acceleration and their ability to handle heavy loads for a long time. Roller screws are utilized in the various end-use industries for a large number of applications owing to their efficiency, reliability, and long service life. It is found that within the aerospace field, reliability of more than 95% can be achieved with the help of roller screws. Electromechanical actuators provide simplified designs, a compact footprint, and potentially uninterruptable power for the most critical tasks. Electromechanical operations provide various benefits, as the design of the roller screws delivers maximum power without compromising on longevity or efficiency.
Which is the most prominent market for Roller Screw manufacturers?
“U.S. Market to Drive High Sales of Roller Screw”
The roller screw market in the U.S. is expected to account for approximately 21.1% of global value in 2023. The U.S. contributes significantly to the North America region. Several multinational firms have boosted their investments in the region, including Chevron Corporation, Royal Shell plc, Exxon Mobile Corporation, and others. Rising demand from the end-use industry is influencing market growth.
Which Country is dominating the East Asia Roller Screw Market?
“China is anticipated to hold largest market share in the Europe Roller Screw Market”
From 2023 to 2033, China is estimated to grow at a CAGR of 6.5%. The market is expected to rise due to a huge population base, increased industrial investment, and rising demand from the automobile industry. There are various companies in the country, and Chinese roller screw manufacturers and distributors offer these at far lower prices than worldwide market participants. Additionally, the country has a large number of manufacturers in the automotive and aerospace industries that demand roller screw technologies.
Which Product Holds a Prominent Share in Global Roller Screw Sales?
“High Demand Predicted for the Standard Roller Screw”
A standard planetary roller screw is a low friction, precision screw-type actuator that is widely used in motion and positioning systems in a variety of industrial applications. In electro-mechanical linear actuators, planetary roller screws are commonly used as the actuation mechanism. Roller screws of this type are typically used in high-speed, high-precision, and heavy-duty applications. The study projects that by product type, the standard segment will hold the value share by 69.6% in 2023.
Which End-use Industry Holds Higher Sales Share of Roller Screws?
“Automotive Industry hold the Prominent Market Share”
The automobile industry accounts for 29.6% of the market share in 2023, owing to the increasing need for high-performance roller screw technology and customised roller screws. Roller screws are widely employed in automobiles for a variety of purposes, including engine mounts, power steering gears, and valve actuation. Because of their low vibration properties, recirculating roller screws are increasingly being used in the automotive industry.
The roller screw market is moderately concentrated, with the top players accounting for 60% to 70% of revenue. Participants in the market are working closely with end users while also looking for ways to extend their geographic presence. Key initiatives include innovation, collaboration, strategic alliances, and the expansion of regional and global distribution networks.
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Attribute |
Details |
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Forecast Period |
2023-2033 |
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Historical Data Available for |
2017-2022 |
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Market Analysis |
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Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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Customization & Pricing |
Available upon Request |
By Product, the Global Roller Screw Market is segmented as:
By End Use, the Global Roller Screw Market is segmented as:
By Region, the Global Roller Screw Market is segmented as:
The Roller Screw Market is expected to total US$ 532.2 Mn in 2023.
The demand for Roller Screw will increase by 5.8% during the forecasted period from 2023 to 2033.
They include AB SKF, Schaeffler AG, Moog, Inc., Rollvis S.A., and Creative Motion Control and others are the leading market players which hold around 65 to 70% of the market share.
The demand in China is expected to increase by 6.1% CAGR from 2023 to 2033 on a value basis.
U.S., Germany, and U.K., are the leading countries in the Roller Screw Market.
