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Transparency Market
Research
Instrumented Bearing Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2014 - 2020
Published Date
2015-02-27
67 Page Report
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Increasing Vehicle Ownership Worldwide to Bolster
Instrumented Bearing Market
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Instrumented Bearing Market
REPORT DESCRIPTION
Instrumented Bearing Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 – 2020
In the latest market study offering by
Transparency Market Research (TMR), the
global instrumented bearing market is
projected to reach a valuation of US$938.4
million by 2020. The report, titled
“Instrumented Bearing Market - Global
Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2020”, states
that the market, which had a valuation of US$523.3 million in 2013, will register an 8.6% CAGR
from 2014 to 2020. The report analyzes the development of the global instrumented bearing
market on the basis of product type, applications, and regional markets. Bearings are machine
elements that are primarily used for reducing friction between moving parts. Instrumented
bearings are integrated with sensor units for measuring angular position of the rotatable ring
with respect to the fixed ring of the bearing. The information collected through these sensors are
used in various applications such as anti lock braking system, adaptive cruise control, tire
pressure monitoring system and other industrial sectors.
Browse The Market Research Report of Instrumented Bearing Market :
http://www.transparencymarketresearch.com/instrumented-bearing-market.html
The global instrumented bearing market is expected to witness substantial growth during the
forecast period. This is due to the increasing demand of...