Sensor Bearing Market
Report ID: SQMIG20I2480
Report ID: SQMIG20I2480
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Report ID:
SQMIG20I2480 |
Region:
Global |
Published Date: December, 2025
Pages:
188
|Tables:
125
|Figures:
70
Global Sensor Bearing Market size was valued at USD 8.66 Billion in 2024 and is poised to grow from USD 9.26 Billion in 2025 to USD 15.79 Billion by 2033, growing at a CAGR of 6.9% during the forecast period (2026–2033).
The rapid global sensor bearing market growth is fueled by the advancement and increasing demand for technologies in consumer electronics, automotive systems and industrial automation. Companies are implementing sensor bearings to enhance accuracy, lower downtime, and improve predictive maintenance capabilities. The expansion of the IoT is driving the use of the sensor data necessary to see near real-time data on connected systems.
Similarly, the advancement of smart cities and the increasing government programs that advocate for the adoption of energy-efficient solutions are impacting the sensor bearing market penetration, as they inspire new applications in urban infrastructure and transport.
Why is Predictive Maintenance Becoming Essential Across Industrial Sectors?
Predictive maintenance is becoming a trend in the sensor bearing sector since organizations pay more attention to reducing downtime and improving the working life of assets. The sensor bearings are convenient for operators as they can detect failures before they occur by monitoring the bearing temperature, load, and vibration in real-time. This means operators can prevent unplanned costly downtime and can better manage their maintenance schedules. Schaeffler added sensor bearings made to work with rotating equipment in manufacturing applications to its OPTIME predictive maintenance platform in February 2025. Predictive maintenance means the ability to report on abnormalities early that can increase operating efficiency, decrease scheduled maintenance, reducing costs and other disruptions is why sensor bearings are a necessity for industrial assets moving forward.
Market snapshot - 2026-2033
Global Market Size
USD 8.1 billion
Largest Segment
Steel
Fastest Growth
Ceramics
Growth Rate
6.9% CAGR
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Global Sensor Bearing Market is segmented by Bearing Type, Sensor Technology, Application, Material, Functionality and region. Based on Bearing Type, the market is segmented into Deep Groove Ball Bearings, Angular Contact Ball Bearings, Self-Aligning Ball Bearings, Spherical Roller Bearings and Tapered Roller Bearings. Based on Sensor Technology, the market is segmented into Pressure Sensors, Temperature Sensors, Vibration Sensors, Speed Sensors and Position Sensors. Based on Application, the market is segmented into Industrial Machinery, Automotive, Aerospace, Consumer Electronics and Renewable Energy. Based on Material, the market is segmented into Steel, Ceramics, Polymers, Composite Materials and Bronze. Based on Functionality, the market is segmented into Load Monitoring, Condition Monitoring, Performance Optimization, Predictive Maintenance and Rotation Measurement. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
As per the 2024 sensor bearing market analysis, the deep groove ball bearings segment is the dominant sensor bearing segment as they are low-cost, simple to use, space-efficient, and are able to accommodate both axial and radial loads. These bearings can be found in applications such as modern vehicles' anti-lock brake systems, EV drivetrains, and many industrial automation applications. In April 2024, SKF added to their market leadership position with attractive deep groove ball bearing sensors for electric vehicles, providing the most accurate torque sensing and energy efficiency.
However, the angular contact ball bearings segment is anticipated to have the largest sensor bearing market share. This is because of advantages like precision, speed, and combined loads. They are critical in applications of robotics and aeronautics. In 2025, angular contact sensor bearings will be incorporated into robotic arms, allowing for precise control of movement and use with predictive maintenance features (FAG, Schaeffler Group).
As per the 2024 sensor bearing market forecast, the steel segment remains the most common material for sensor bearings because of its strength, durability and low cost. It has the advantage of heavy machinery, automotive and industrial applications because of its durability. In 2024, Timken added to its portfolio of steel sensor bearings for heavy-duty vehicles in North America, demonstrating that steel is the material of choice for high-load applications.
Ceramic sensor bearings are predicted to be the fastest growing segment of sensor bearings because of their lightweight, high-speed, durability and heat resistance properties. Both the EV and aerospace industries should demand ceramic bearings with these elemental properties. This began in 2025 when leading EV manufacturers in the Asia-Pacific region began using ceramic hybrid sensor bearings to improve motor efficiency and battery longevity, which resulted in enormous growth in the advanced mobility segments.
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Asia-Pacific is leading the sensor bearing market due to advancements in the development of robotics, industrial automation, quick rollout of electric vehicles, and adoption of IoT-based predictive maintenance programs globally. With initiative from Japan in 2024, NSK produced its first magneto strictive torque sensor bearings for maximum motor efficiency and failure mode prediction for industrial and automotive sectors. The sensor bearing engagement with smart manufacturing in this region is speeding up, as they took the ultra-low friction T-HUB sensor bearings that South Korea showed at the Automotive Engineering Exposition, for their high-precision sensor performance in robotic and electric vehicle systems.
The country's market is growing as a result of high-speed rail, robotics, and electric vehicle applications. In 2024, NSK developed a solution with magneto strictive torque sensor bearings for automotive and industrial equipment enabling real-time monitoring and predictive maintenance. Japan is one of the leading sensor-bearing markets with continued focus on IoT-enabled smart bearings and high-precision manufacturing methods to ensure acceptance across automotive, robotics and industrial applications.
Robotics, industrial automation, and automobiles are the main sectors driving the South Korean market. The 2024 Automotive Engineering Exposition brought the debut of NSK's ultra-low friction T-HUB sensor bearings that enhance the accuracy and, therefore, productivity of robots and electric vehicles. Sensor-bearing technology will encourage synergies between bearing and sensor technologies, as grants to enable smart factories-now, together with the industry 4.0 initiative, provide predictive maintenance and less downtime and consequently more operational availability in the industrial and mobility sectors.
As per the sensor bearing market regional analysis, North America is a significant market because of the growing use of robotics, industrial automation, and electric vehicles. Sensor-enabled bearings are being used by businesses more for efficiency and predictive maintenance. SKF launched the conduction brush rings for electric vehicle e-axles within the USA in 2024 to enhance electrical stability and failure rates. Schaeffler displayed sensor-integrated bearings to provide real-time monitoring of industrial and automotive machinery at CES 2024 in Canada. This highlights the region's focus on smart manufacturing solutions.
Industrial robotics and vehicle electrification are leading fields driving the sensor bearing industry in the U.S. SKF debuted sensor-integrated deep groove ball bearings in 2024 for EV powertrains that improve torque monitoring and enables predictive maintenance. By adopting smart factory initiatives and industrial automation, manufacturers can optimize operations and minimize downtime in automotive and industrial applications distributing, on additional scale and pathfinder technologies, enhanced and intelligent, autonomous transfer of sensor-bearing technologies.
The mining, transportation, and industrial machinery sectors are driving Canadian sensor bearing market penetration. In 2024, Schaeffler provided its advanced sensor bearings for isolation monitoring of load and speed in Canadian railroad and manufacturing applications. While the regulatory framework around routines of industrial safety, energy efficiency and predictive maintenance are driving adoption, Industry 4.0 and smart factory initiatives are supporting the advancement of sensor-enabled solutions in the Canadian marketplace.
The sensor bearing market in Europe is being driven by the automotive, aerospace, and industrial automation sectors combined with Industry 4.0 adoption and stringent safety regulations. In 2024, FAG (Schaeffler Group) launched TAROL axlebox bearings in Germany, which provide cloud connectivity and real-time diagnostics for EV production and rail applications. At InnoTrans 2024, the UK demonstrated friction-reduced FAG wheel bearings with an emphasis on predictive maintenance and operational enhancements, while France introduced low-friction TAROL axlebox bearings for railway systems, increasing reliability and efficiency.
Germany is a leader in the use of sensor-bearing technology due to its sophisticated industrial and automotive sectors. In 2024 FAG (Schaeffler Group) incorporated smart TAROL bearings for electric vehicles and railroads which facilitated real-time monitoring and predictive maintenance. The incorporation of IoT bearings has become a significant benefit for Industry 4.0 initiatives and precision engineering specifications. Bearing IoT technologies can deliver increased efficiency, a reduction in unplanned downtime, and performance improvements, making them ideal for industrial and automotive applications.
Railway and automotive applications are driving the country's sensor-bearing market. Schaeffler introduced friction-reduced FAG wheel bearings at InnoTrans 2024 in 2024 to enhance logistics capacity and predictive maintenance. Hence it is in the direction of increased usage of industrial automation and smart manufacturing initiatives and safety regulations to boost the use of sensorized bearings in transport and infrastructures throughout the country.
The railway and aviation industries support the French market. In 2024, Schaeffler launched low-friction TAROL axlebox bearings for rail applications that improved efficiency and reliability. France is a leading European leader in advanced bearing systems due to the predictive maintenance solutions employed. This is by seizing on heritage maintenance practices and the modernization of industrial and transportation infrastructure, creating demand for sensor-bearing systems.
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Through the vibrant partnership ecosystem and technological breakthroughs, companies are leading the industry in bearing manufacturing and sales. Companies such as SKF, Schaeffler, NSK, FAG, and Timken head in IoT-enabled and predictive maintenance solutions. Some of the collaborations established include working with EV OEMs, integrating into Industry 4.0 platforms, and developing specialty bearings for robotics and aerospace. The smart materials and cloud-enabled diagnostics included those European and Japanese companies targeted between 2024 and 2025 to consolidate their take-off positions and differentiate themselves in offerings as high-performance connected solutions in bearing.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global sensor bearing market is anticipated to expand most prominently due to trends such as EV adoption, industrial automation, and IoT integration for predictive maintenance purposes. Personalization, miniaturization, and smart materials continue to dominate the sensor bearing industry with a focus on improving performance under demanding conditions. High up-front costs and complex integration continue to remain deterrents, particularly for SMEs and when integrating legacy products. Among those key players in this dynamic market are SKF, Schaeffler, NSK, and Timken, all developing IoT-enabled, precise solutions, while much newer companies such as BearTech and TorqueSense are specialized in technology for electric vehicles and robots. In conclusion, sensor bearings play a key role in improving smart manufacturing, reliability, and operational efficiency worldwide.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 8.66 Billion |
| Market size value in 2033 | USD 15.79 Billion |
| Growth Rate | 6.9% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Sensor Bearing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Sensor Bearing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Sensor Bearing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Sensor Bearing Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
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