Oil Condition Monitoring Industry Poised for Expansion at 6.32% CAGR, Market Value to Reach USD 2.62
Oil Condition Monitoring Market Expected to Reach USD 2.62 Billion by 2030, Growing at a CAGR of 6.32% Summary: The global Oil Condition Monitoring (OCM) market is poised for substantial growth, projected to expand from USD 1.71 billion in 2023 to USD 2.62 billion by 2030. This growth is driven by increasing demand across various industries for predictive maintenance technologies aimed at reducing operational downtime and enhancing equipment reliability.
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