Vibration Sensor Market To Expand Industry Growth At USD 8.24 Billion By 2028
San Francisco, 7 Sep 2021: The Report Vibration Sensor Market Size, Share & Trends Analysis Report By Type (Accelerometers, Velocity Sensor), By Technology (Strain Gauge, Variable Capacitance, Hand Probe), By Material, By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global vibration sensor market size is expected to reach USD 8.24 billion by 2028, registering a CAGR of 6.5% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The increased adoption of these devices in various industries and sectors such as oil and gas, manufacturing, and mining, among others for detection of rotating parts and damaged bearings in machines are major factors driving the growth of the market. The usage of industrial IoT and predictive maintenance with vibration sensors for the remote monitoring of machineries is expected to provide opportunities to the market players. Players operating in the market such as VocalZoom and Colibrys Ltd.; among others are