Asia Pacific Sensor Bearing Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Asia Pacific Sensor Bearing Market: By Functionality (Displacement, Speed, Temperature, Vibration and Others), By Application (Anti-lock Brake Systems (ABS), Electric Motors, Material Handling Equipment and Others), By End User (Aerospace & Defense, Automotive, Metal & Mining, Oil & Gas, Transportation and Others) and Geography

 

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Report

Description

The growing demand for sensor bearings from numerous end-use industries such as metal & mining, transportation, oil & gas, automotive, and aerospace & defense is expected to drive the growth of the market. Sensor bearings are used in wheel hub units in vehicles. In railway locomotives and wagons, sensor bearings are used to observe speed, temperature, vibration, etc. Most automotive hub units use speed sensors to send wheel speed data to anti-lock brake systems (ABS) and traction control units of vehicles. Hence, rising demand from end user industries increases the market growth. Some of the key factors responsible for the market growth include rising demand from end user industries, growing adoption of IoT in bearing technology, high growth in emerging economies and technological advancements. Asia Pacific Sensor Bearing market is surging owing to frequent acquisitions and launchings by the market players. For Instance, In January 2018, SKF made an agreement with Koncar KEV for the supply of axle boxes, bearings and associated equipment for its modern low-floor electric and diesel-electric multiple unit trains.

 


Asia Pacific Sensor Bearing Market

MARKET SUMMARY
-
X%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– X%
  • Largest Market– Asia-Pacific

Asia Pacific Sensor Bearing Market

  • The report on Asia Pacific sensor bearing market gives historical, current, and future market sizes (US$ Mn) on the basis of functionality, application, end user and countries.
  • This report studies Asia Pacific sensor bearing market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, Asia Pacific sensor bearing market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Moreover, PBI analyzed Asia Pacific sensor bearing market to better equip clients with possible investment opportunities across the countries (countries Investment Hot-Spots) and market unmet needs (Product Opportunities).
  • Key stakeholders of the Asia Pacific sensor bearing market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in Asia Pacific Sensor Bearing products.
Market Key Players
  • Timken
  • NSK Corporation
  • Schaeffler Technologies AG & Co. KG
  • NTN Corporation
  • Nachi Europe GmbH
  • Mageba SA
  • JTEKT Corporation
  • Fersa Bearing SA
  • BRTEC
  • ABB Group
  • SKF
Growth

Asia Pacific Sensor Bearing Market

The volatility of raw material prices affects the demand for sensor bearing which act as a key restraint to the growth of the bearing isolators market. Rising raw material prices acts as an adoption barrier. In addition, as cost plays an important role in the market presence of cheap quality products available for low cost may hamper the market growth.


Asia-Pacific Got Significant Share

Asia Pacific Sensor Bearing Market

Asia Pacific Sensor Bearing market report gives comprehensive outlook on Sensor Bearing across the region with special emphasis on key countries such as Japan, China, India, Australia & New Zealand, ASEAN, South Korea and Rest of Asia-Pacific. China & India accounted for larger revenue share in Asia Pacific Sensor Bearing market with considerable CAGR. Countries such as China and India are among the top automotive vehicle manufacturers around the globe. Stringent laws related to the obligatory installation of ABS as the standard fitment in automotive vehicles in countries, such China and India is likely to foster the growth of the Asia Pacific market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

KEY FEATURES OF THE REPORT

  • The report provides granular level information about the market size, regional market share, historic market (2016-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Key Findings of the Report

Keloid Treatment Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

  1. Executive Summary
  2. Asia Pacific Sensor Bearing Market Introduction
    • Asia Pacific Sensor Bearing Market – Taxonomy
    • Asia Pacific Sensor Bearing Market –Definitions
      • Functionality
      • Application
      • End User
  1. Asia Pacific Sensor Bearing Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Asia Pacific Sensor Bearing Market Dynamic Factors – Impact Analysis
    • Asia Pacific Sensor Bearing Market – Competition Landscape
  2. Asia Pacific Sensor Bearing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Asia Pacific Sensor Bearing Market, By Functionality, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Displacement
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Speed
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Temperature
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Vibration
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Asia Pacific Sensor Bearing Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025
    • Anti-Lock Braking System (ABS)
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electric Motors
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Material Handling Equipment
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Asia Pacific Sensor Bearing Market Forecast, By End User, 2014 – 2018 and Forecast, 2019 – 2025
    • Aerospace & Defence
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Automotive
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Metal & Mining
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Oil & Gas
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Transportation
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Asia Pacific Sensor Bearing Market Forecast, By Country, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Japan
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • China
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • India
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Australia & New Zealand
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • ASEAN
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • South Korea
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Rest of Asia Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia Pacific Sensor Bearing Market – Opportunity Analysis Index, By Functionality, Application, End User and Country, 2019 – 2025
  2. Japan Sensor Bearing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Functionality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Displacement
      • Speed
      • Temperature
      • Vibration
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-Lock Braking System (ABS)
      • Electric Motors
      • Material Handling Equipment
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace & Defense
      • Automotive
      • Metal & Mining
      • Oil & Gas
      • Transportation
      • Others
    • Japan Sensor Bearing Market – Opportunity Analysis Index, By Functionality, Application, End User and Country, 2019 – 2025
    • Japan Sensor Bearing Market Dynamics – Trends
  3. China Sensor Bearing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Functionality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Displacement
      • Speed
      • Temperature
      • Vibration
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-Lock Braking System (ABS)
      • Electric Motors
      • Material Handling Equipment
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace & Defense
      • Automotive
      • Metal & Mining
      • Oil & Gas
      • Transportation
      • Others
    • China Sensor Bearing Market – Opportunity Analysis Index, By Functionality, Application, End User and Country, 2019 – 2025
    • China Sensor Bearing Market Dynamics – Trends
  4. India Sensor Bearing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Functionality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Displacement
      • Speed
      • Temperature
      • Vibration
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-Lock Braking System (ABS)
      • Electric Motors
      • Material Handling Equipment
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace & Defense
      • Automotive
      • Metal & Mining
      • Oil & Gas
      • Transportation
      • Others
    • India Sensor Bearing Market – Opportunity Analysis Index, By Functionality, Application, End User and Country, 2019 – 2025
    • India Sensor Bearing Market Dynamics – Trends
  5. Australia & New Zealand Sensor Bearing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Functionality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Displacement
      • Speed
      • Temperature
      • Vibration
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-Lock Braking System (ABS)
      • Electric Motors
      • Material Handling Equipment
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace & Defense
      • Automotive
      • Metal & Mining
      • Oil & Gas
      • Transportation
      • Others
    • Australia & New Zealand Sensor Bearing Market – Opportunity Analysis Index, By Functionality, Application, End User and Country, 2019 – 2025
    • Australia & New Zeland Sensor Bearing Market Dynamics – Trends
  6. ASEAN Sensor Bearing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Functionality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Displacement
      • Speed
      • Temperature
      • Vibration
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-Lock Braking System (ABS)
      • Electric Motors
      • Material Handling Equipment
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace & Defense
      • Automotive
      • Metal & Mining
      • Oil & Gas
      • Transportation
      • Others
    • ASEAN Sensor Bearing Market – Opportunity Analysis Index, By Functionality, Application, End User and Country, 2019 – 2025
    • ASEAN Sensor Bearing Market Dynamics – Trends
  7. South Korea Sensor Bearing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Functionality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Displacement
      • Speed
      • Temperature
      • Vibration
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-Lock Braking System (ABS)
      • Electric Motors
      • Material Handling Equipment
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace & Defense
      • Automotive
      • Metal & Mining
      • Oil & Gas
      • Transportation
      • Others
    • South Korea Sensor Bearing Market – Opportunity Analysis Index, By Functionality, Application, End User and Country, 2019 – 2025
    • South Korea Sensor Bearing Market Dynamics – Trends
  8. Rest of Asia Pacific Sensor Bearing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Functionality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Displacement
      • Speed
      • Temperature
      • Vibration
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Anti-Lock Braking System (ABS)
      • Electric Motors
      • Material Handling Equipment
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace & Defense
      • Automotive
      • Metal & Mining
      • Oil & Gas
      • Transportation
      • Others
    • Rest of Asia Pacific Sensor Bearing Market – Opportunity Analysis Index, By Functionality, Application, End User and Country, 2019 – 2025
    • Rest of Asia Pacific Sensor Bearing Market Dynamics – Trends
  9. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Functionality & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Timken (US)
      • NSK Corporation (Japan)
      • Schaeffler Technologies AG & Co. KG (Germany)
      • NTN Corporation (Japan)
      • Nachi Asia Pacific GmbH (Germany)
      • Mageba SA (Switzerland)
      • JTEKT Corporation (Japan)
      • Fersa Bearing SA (Spain)
      • BRTEC (China)
      • ABB Group (Switzerland)
      • SKF (Sweden)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

Key player’s profiles in the Asia Pacific Sensor Bearing market include:

  • Timken (US)
  • NSK Corporation (Japan)
  • Schaeffler Technologies AG & Co. KG (Germany)
  • NTN Corporation (Japan)
  • Nachi Europe GmbH (Germany)
  • Mageba SA (Switzerland)
  • JTEKT Corporation (Japan)
  • Fersa Bearing SA (Spain)
  • BRTEC (China)
  • ABB Group (Switzerland)
  • SKF (Sweden)

Description

The growing demand for sensor bearings from numerous end-use industries such as metal & mining, transportation, oil & gas, automotive, and aerospace & defense is expected to drive the growth of the market. Sensor bearings are used in wheel hub units in vehicles. In railway locomotives and wagons, sensor bearings are used to observe speed, temperature, vibration, etc. Most automotive hub units use speed sensors to send wheel speed data to anti-lock brake systems (ABS) and traction control units of vehicles. Hence, rising demand from end user industries increases the market growth. Some of the key factors responsible for the market growth include rising demand from end user industries, growing adoption of IoT in bearing technology, high growth in emerging economies and technological advancements. Asia Pacific Sensor Bearing market is surging owing to frequent acquisitions and launchings by the market players. For Instance, In January 2018, SKF made an agreement with Koncar KEV for the supply of axle boxes, bearings and associated equipment for its modern low-floor electric and diesel-electric multiple unit trains.

 

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