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Equipment Monitoring Market to reach a market size of $4.8 billion by 2024

According to a new report Global Equipment Monitoring Market, published by KBV research, The Global Equipment Monitoring Market size is expected to reach $4.8 billion by 2024, rising at a market growth of 6.9% CAGR during the forecast period. The Online Equipment Monitoring market would dominate the Global Equipment Monitoring Market by Monitoring Process during the forecast period. The Portable Equipment Monitoring market is expected to witness a CAGR of 8.3% during (2018 – 2024). The Vibration Monitoring market dominated the Global Equipment Monitoring Market by Monitoring Type in 2017. The Thermal Monitoring market is expected to witness a CAGR of 6.6% during (2018 – 2024). Additionally, The Noise Monitoring market is expected to witness a CAGR of 7.7% during (2018 – 2024).
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