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.
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Vibration Sensor Market Size, Share, Price Trends, Report 2021-2026
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Vibration Sensor Market Size, Share, Price Trends, Report 2021-2026

According to a new report by EMR titled, 'Vibration Sensor Market Size, Share, Price Trends, Report 2021-2026', the market is expected to attain USD 5.6 billion by 2026, growing at a CAGR of 7.7% during the forecast period of 2021-2026.