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Rapid industrialization, along with increasing industrial automation, is one of the key factors driving market growth. Furthermore, with a growing preference for customised machinery, equipment manufacturers are widely implementing vibration sensors to detect any discrepancies in frequency levels. Other growth-inducing factors include integration with the Industrial Internet of Things (IIoT), machine learning (ML), cloud computing, and big data solutions. For predictive maintenance, these systems are used in both process and discrete manufacturing. Aside from that, the development of high-sensitivity optical accelerometers for low-frequency Vibration Sensor Market and laser-based noncontact vibration sensors for structural health monitoring (SHM) is also contributing to market growth.
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