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NORD’s Condition Monitoring solution utilizes the internal PLC within their variable frequency drives to integrate drive-related actuators and sensors into a system, detecting undesired operating conditions at an early stage to avoid critical system problems and costly downtime.
List of Key Players Covered in the Carbon Capture and Sequestration Market Report: Fluor Corporation, ExxonMobil, Carbon Engineering Ltd, ADNOC Group,.
Dublin, June 01, 2021 (GLOBE NEWSWIRE) The "Predictive Maintenance Market by Component, Technique, Deployment Type, Stakeholder, Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering. Predictive maintenance (PdM) is a process used to monitor equipment during an operation with the purpose to identify any deterioration. It helps to plan maintenance schedules and reduce operational costs. In addition, data about previous breakdowns is used as a model when failures are likely to occur. This, in turn, helps to arbitrate a condition at the same time as sensors detect it. PdM techniques are used to identify the time when an in-service equipment requires maintenance to avoid expensive operational disruptions caused due to equipment failures. Increase in adoption of industry 4.0 and growth of the manufacturing industry drive demand for predictive maintenance solutions.An increase in need to im