Predictive maintenance market size was valued at $4,331.56 million in 2019, and is projected to reach $31,965.49 million by 2027, growing at a CAGR of 28% from 2020 to 2027.
Predictive maintenance is a plan for monitoring equipment performance and condition that reduces the risk of failure under normal operating conditions. The goal is to anticipate errors and then prevent them through corrective maintenance.
A full report of Predictive Maintenance Market available at: https://www.orionmarketreports.com/predictive-maintenance-market/50734/
The key players operating in the global predictive maintenance market analysis include IBM Corporations; Microsoft; SAP SE; General Electric; Schneider Electric; Hitachi; PTC; Software AG; SAS; Engineering Consultants Group
Predictive Maintenance Market- Segmentation
By Component:
• Solution
• Service
By Technique:
• Vibration Monitoring
• Electrical Testing
• Oil Analysis
• Ultrasonic Leak Detectors
• Shock Pulse
• Infrared
• Others
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