Topic: sensor bearing industry

Global Sensor Bearing Market Forecast to 2027 The global Sensor Bearing Market is forecasted to grow at a rate of 5.3% from USD 5.63 billion in 2019 to USD 8.70 billion in 2027. The major factor driving the market is the increasing demand for sensor bearings from the automotive and transportation industries. The enforcement of stringent regulations accredited to the mandatory installation of ABS systems in cars in various countries of Europe and the Asia Pacific are also propelling the growth...