Mining is one of the world’s most important sectors. These mines are utilized for a variety of purposes, including the extraction of valuable materials such as gold, diamonds, and other minerals. Unplanned downtime remains the paramount concern in the industry due to the high costs and risks of lives. As a result, the mining companies are prone to decreasing efficiency and profitability. This is where the condition monitoring systems come into action.
Source: https://www.stratviewresearch.com/2585/mining-condition-monitoring-system-market.html
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