Instrumented Bearing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

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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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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...