Predictive Maintenance Industry – Emerging Players May Yields...

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2024-10-11 09:58:47 -

Predictive Maintenance Industry – Emerging Players May Yields New Opportunities Till 2030

The global predictive maintenance market size was valued at USD 7.85 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 29.5% from 2023 to 2030. Integrating AI and ML into predictive maintenance prevents unplanned downtime and asset failures. AI-based preventive maintenance solutions include IoT hardware components that connect physical assets and an advanced...

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