The Equipment Monitoring market within the context of Industrial Automation is a rapidly growing sector, as businesses seek to increase efficiency and reduce costs. Equipment Monitoring solutions enable companies to monitor and control their industrial equipment, such as motors, pumps, and valves, in real-time. This allows for improved performance, better maintenance, and increased safety. The Equipment Monitoring market is driven by the need for improved efficiency, cost savings, and safety. Additionally, the increasing adoption of Industrial Internet of Things (IIoT) technologies is expected to drive the market growth. Some of the major players in the Equipment Monitoring market include Siemens, ABB, Rockwell Automation, Schneider Electric, Honeywell, Emerson Electric, Yokogawa Electric, and Omron. Show Less Read more
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