Q. Which component type had the major share of Vibration Monitoring Market?

Which component type had the major share of Vibration Monitoring Market?

Vibration Monitoring Market is likely to witness a CAGR of 5% during the forecast period. The expansion of the vibration monitoring market has been aided by the growth of IoT technologies. It allows producers to keep track on the status of process equipment and machinery in real time. As a result, they can take preventative action in the event of a problem and plan service maintenance to avert failure.

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