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    smax59551
    Aug 16, 2021

    Vibration Sensor Market Report and Forecast 2020-2025

    in General Discussions

    The vibration sensors market was valued at USD 2.0 billion in 2020 and is projected to reach USD 3.0 billion by 2025; it is expected to grow at a CAGR of 8.2% from 2020 to 2025. A few key factors driving the growth of this market are growing adoption of automated condition monitoring technologies for the development of smart factories, rising use of wireless systems for machine condition monitoring, ongoing transition from preventive to predictive maintenance, and increasing demand for vibration sensors from emerging applications. The vibration sensors market for online vibration monitoring is expected to grow at a higher CAGR during the forecast period.

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