The recorded data allows an engineer to estimate the eventual failure point of the observed asset, enabling it to be repaired or replaced shortly before it fails.
Tag: Predictive Maintenance Market size
Predictive Maintenance Market size Global Outlook and Forecast 2029
Predictive Maintenance Market size was valued at US$ 5.30 Bn.in 2022 and the total Predictive Maintenance revenue is expected to grow at 29.5% from 2023 to 2029, reaching nearly US$ 32.42 Bn.