Machine Condition Monitoring Market to Reach USD 6.23 Billion by 2030, Growing at a 7.3% CAGR

Machine Condition Monitoring Market Set to Reach USD 6.23 Billion by 2030, Growing at a 7.3% CAGR

Summary: The global Machine Condition Monitoring Market, valued at USD 3.80 billion in 2023, is poised for significant growth. The market is expected to expand at a compound annual growth rate (CAGR) of 7.3%, reaching nearly USD 6.23 billion by 2030. This robust growth is driven by increasing demand for predictive maintenance solutions across various industries.
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