Vibration Monitoring Market: Revenue and growth prediction till 2028 with COVID-19 Impact Analysis
Stratview Research has segmented the market by Component Type (Hardware, Software, and Services), by Monitoring Process Type (Online and Portable), by System Type (Embedded, Vibration Analyzer, and Vibration Meter), by Application Type (Oil & Gas, Energy & Power, Metals & Mining, Chemical, Automotive, and Food & Beverages), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
According to this report, the vibration monitoring market was estimated at USD 1.45 billion in 2021 and is likely to grow at a CAGR of 6.8% during 2022-2028 to reach USD 2.3 billion in 2028.