Title: Global Sensor Bearing Market – Industry Trends and Forecast to 2026
1 Global Sensor Bearing Market
Global Sensor Bearing Market Industry Trends
and Forecast to 2026
Global Sensor Bearing Market By Functionality
(Speed, Temperature, Vibration, Displacement,
Others), Application (ABS, Material Handling
Equipment, Electric Motors, Others), End-Use
Industry (Automotive, Transportation, Metal
Mining, Oil Gas, Aerospace Defense, Others),
Geography (North America, South America, Europe,
Asia-Pacific, Middle East and Africa) Industry
Trends and Forecast to 2026
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2Report Description
- Sensor bearings are semiconductor equipment that
are used in various automotive, material handling
devices they are installed in compact and hard
to reach locations of various machinery where
there is a need to detect the various
environmental and mechanical circumstances such
as temperature, vibration, etc. - Global Sensor Bearing Market is expected to rise
from its initial estimated value of USD 4.97
billion in 2018 to an estimated value of USD 7.61
billion by 2026, registering a CAGR of 5.47 in
the forecast period of 2019-2026. This rise in
market value can be attributed to the increased
demand for the effective and efficient levels of
product being offered.
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3Key Market Competitors
- JTEKT Corporation
- THE TIMKEN COMPANY
- mageba
- Beijing Zhongxuan Bailian Technology Co.
- Ltd.
- Harbin Bearing Manufacturing Co.
- Ltd.
- Nachi Europe GmbH
- Schaeffler AG
- NTN Corporation
- SKF
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4Market Segmentation
- Global Sensor Bearing Market By Functionality
(Speed, Temperature, Vibration, Displacement,
Others) - Application (ABS, Material Handling Equipment,
Electric Motors, Others) - End-Use Industry (Automotive, Transportation,
Metal Mining, Oil Gas, Aerospace Defense,
Others) - Geography (North America, South America, Europe,
Asia-Pacific, Middle East and Africa) Industry
Trends and Forecast to 2026
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5Competitive Landscape
Global sensor bearing market is highly fragmented
and the major players have used various
strategies such as new product launches,
expansions, agreements, joint ventures,
partnerships, acquisitions, and others to
increase their footprints in this market. The
report includes market shares of sensor bearing
market for global, Europe, North America,
Asia-Pacific, South America and Middle East
Africa.
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6About Data Bridge Market Research
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