Fault Detection And Classification Market Size, Share, Growth Drivers And Opportunities, Industry Report Market To 2028

The global fault detection and classification market is expected to reach USD 7.4 billion by 2028, with a CAGR of 8.9% between 2023 and 2028. This growth is driven by the increased complexity of systems and the need for effective fault detection and classification systems to maintain system reliability and efficiency. FDC systems use sensors, data analytics, and machine learning algorithms to detect and classify faults, providing a more efficient and accurate solution compared to traditional manual monitoring and diagnosis methods.