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The market for predictive maintenance in motor driven systems

Methods for performing predictive maintenance are evolving rapidly. As a result, the market for enabling technology of predictive maintenance is set to boom. The products which comprise this valuation include smart sensors, portable monitoring devices, and gateways and software dedicated to predictive maintenance. We project all these components to make up the landscape of the modern predictive maintenance market as new service models begin to emerge which encourage the use of all technologies as one solution.