The technique of monitoring a machine’s state in order to predict its mechanical wear and failure is known as condition monitoring. Condition monitoring systems help leverage a wide range of data, including equipment temperature, energy usage, run time, and output, which help improve plant operations and decision-making. Over the eons, there has been an uprise in the adoption of condition-monitoring solutions at several plant facilities.
Source: https://www.stratviewresearch.com/2581/condition-monitoring-system-market.html
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