According to the latest report by IMARC Group “Vibration Monitoring Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2023-2028″, The global vibration monitoring market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.65% during 2023-2028.
Vibration monitoring refers to a process involving the usage of sensors to monitor small movements in various types of rotating machinery. It is conducted on the time waveforms and frequency spectrum of the vibration signal and aids in investigating vibration events, which can be an indicator of a developing failure, malfunction, and process restriction. It helps in evaluating the overall condition of the test object and performed by acquiring the vibration signals according to pre-determined parameters, such as recording strength, vibration level,