Instrumented Bearing Market 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.According to the report, increase in automobile production across the globe is the primary reason driving demand for instrumented bearings. These bearings have application in automotive systems such as electronic stability control and antilock braking systems (ABS), among others. Request For Covid19 Impact Analysis Across Industries And Markets @ https://www.transparencymarketresearc...