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Amid the COVID-19 crisis and the looming economic recession, the Machine Condition Monitoring Equipment market worldwide will grow by a projected US$848.1 Million, during the analysis period

Jun 01, 2020 - PR Newswire

PR Newswire

Amid the COVID-19 crisis and the looming economic recession, the Machine Condition Monitoring Equipment market worldwide will grow by a projected US$848.1 Million, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 4.8%. Vibration Monitoring Equipment, one of the segments analyzed and sized in this study, is forecast to grow at over 4.6% and reach a market size of US$1.7 Billion by the end of the analysis period. An unusual period in history...