The US predictive maintenance market is expected to be a significant contributor to the global market’s growth. Here’s a quick breakdown of its projected size and factors driving its rise:
Growth Factors: Several factors are propelling the US predictive maintenance market forward. These include:
Rising adoption of advanced technologies like the Internet of Things (IoT), cloud computing, machine learning (ML), and Artificial Intelligence (AI) in industrial processes [Fortune Business Insights].
Growing focus on minimizing maintenance costs, reducing equipment failures, and optimizing production uptime across industries.
Overall, the US market for predictive maintenance solutions is poised for significant growth in the coming years, driven by the increasing awareness of its benefits and the growing adoption of enabling technologies.
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