Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

Roller Screw Market Ending Up At A Valuation Of Around US$ 457.5 Mn By 2031

The Spirulina Extract Market’S Growth Is To Be Defined By Innovation Continuously

 

Global roller screw sales were valued at US$ 233.4 Mn in 2020, with balanced long-term projections, according to latest insights by Persistence Market Research. The report estimates the market to expand at 5.7% CAGR from 2021 to 2031. There is growing need from the automotive industry for planetary roller screws due to enhancement in the efficiency of applications such as vehicle control sub systems.

CLICK HERE TO GET A SAMPLE REPORT (INCLUDING FULL TOC, TABLE & FIGURES) – https://www.persistencemarketresearch.com/samples/15469

Roller screws provide better efficiency then other types of screw type such as ACME and ball screws, as roller screw actuators are used for much more robust working than ball screw and can withstand greater shock load. They are also used when a designer or user is seeking an alternative to pneumatic actuators.

Demand for roller screws and other types such as high-performance roller screws other waned in 2020 due to the COVID-19 pandemic; however, the market is set to get back on track in 2022 and onwards.

GET A CUSTOMIZED SCOPE TO MATCH YOUR NEED ASK AN EXPERT – https://www.persistencemarketresearch.com/request-customization/15469

Key Takeaways from Market Study

  • Rapid growth and improving prosperity imply that energy demand is increasing, which is stemming from developing economies, particularly within Asia, rather than traditional markets in OECD.
  • Robots are utilized in automotive production throughout the world. Main applications for robots in the automotive industry are spot welding of stamped sheet metal parts. Nowadays, consistency and accuracy are mostly important to guarantee a quality vehicle. Electric actuators are replacing pneumatic and hydraulic versions as they are more consistent, accurate, and long-lasting.
  • Increased dispatch reliability, reduced gas emissions, and less operating cost and maintenance have underscored the aircraft industry’s push towards the concept of electric aircraft and more electric aircraft (MEA).
  • Market in the U.S. to surge at around 6.2% CAGR through 2031.
  • Increasing production of electric aircraft supporting demand for electromechanical actuators.

“Amplifying the requirement for better efficiency and replacement for conventional pneumatic actuators, roller screw technologies are being used in the automotive and aerospace industry,” says a Persistence Market Research analyst.

GAIN COMPLETE ACCESS TO THE REPORT – https://www.persistencemarketresearch.com/checkout/15469

Competitive Landscape

The market for roller screws is a combination of several big players with local players having overseas presence, with key players accounting for around 65% market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares.

Some of the key players in this industry are:

  • 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

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

Contact us:
Persistence Market Research
305 Broadway, 7th Floor,
New York City, NY 10007
United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Web- https://www.persistencemarketresearch.com
…………………………………………………………………………………………………….

 

Continue Reading