Traction Motor Market Size, Share & Trends Analysis Report By Application (Railways, Electric Vehicles, Industrial Vehicles), By Type (DC Traction Motor, AC Traction Motor, Synchronous Motor), By Power Rating (Less than 200 kW, 200–400 kW, More than 400 kW) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2024-2032
The global vibration monitoring market size was valued at USD 1.47 billion in 2021. It is expected to reach USD 2.66 billion by 2030, growing at a CAGR of 6.8% during the forecast period (2022-2030).
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