Instrumented Bearing Market

A bearing is a machine element that enable machines to move at extremely higher speed and reduces the friction between moving parts. They are capable of carrying notable loads with ease and efficiency. Moreover, these bearings are integrated with sensors for measuring angular position of rotating ring.
Instrumented Bearing Market contains market size and forecasts of Instrumented Bearing in global, including the following market information:
Global Instrumented Bearing Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Instrumented Bearing Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Instrumented Bearing companies in 2021 (%)
The global Instrumented Bearing market was valued at 720.3 million in 2021 and is projected to reach US$ 992.7 million by 2028, at a CAGR of 4.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Roller Bearings Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Instrumented Bearing include Schaeffler Group, JTEKT Corporation, NTN Corporation, The Timken Company and SKF Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Instrumented Bearing manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Instrumented Bearing Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Instrumented Bearing Market Segment Percentages, by Type, 2021 (%)
Roller Bearings
Ball Bearings
Plain Bearings
Others
Global Instrumented Bearing Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Instrumented Bearing Market Segment Percentages, by Application, 2021 (%)
Aerospace Equipment
Automotive
Construction Machinery
Power Transmission Equipment
Farm and Garden Machinery
Oilfield Machinery
Others
Global Instrumented Bearing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Instrumented Bearing Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Instrumented Bearing revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Instrumented Bearing revenues share in global market, 2021 (%)
Key companies Instrumented Bearing sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Instrumented Bearing sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schaeffler Group
JTEKT Corporation
NTN Corporation
The Timken Company
SKF Group