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IoT ONE - Use Case - Machine Condition Monitoring - 20200118
IoT ONE - Use Case - Machine Condition Monitoring - 20200118
Condition monitoring has gained importance in line with increased company focus
on productivity and asset utilization.
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Maintenance
Case Studies
ThermalSpection™ CVM
Critical vessels in the chemicals, refining, and power industries operate at high temperature and
pressure and are at risk of failure as joints and refractory degrade. The consequences of
undetected f ...
Market Size
Estimate A The machine condition monitoring market was valued at USD 2.21 billion in 2017
and is expected to reach USD 3.5 billion by 2024, at a CAGR of 6.7% during the
forecast period.
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Estimate B The global Machine Condition Monitoring market is expected to reach USD 2.91
billion by the end of 2023 with 5.55% CAGR during forecast period 2017-2023.
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Source: MaretResearchFuture
Estimate C According to Stratistics MRC, the global machine condition monitoring market is
accounted for USD 2.11 billion in 2017 and is expected to reach USD 4.45 billion
User Viewpoint
LeonardWiedenroth
Answered Friday, Jul 27, 2018
Key Performance How is the success of the machine condition monitoring system measured
Indicators
for users and for the business?
LeonardWiedenroth
Answered Friday, Jul 27, 2018
There are two important values which businesses should measure regularly on
machines:
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Overall Velocity in mm/s (inch/s) - lower frequency range - which indicates the
general machine condition
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System Capabilities & What are the typical capabilities of machine condition monitoring?
Requirements
LeonardWiedenroth
Answered Friday, Jul 27, 2018
Lubricant analysis
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Acoustic emission
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Infrared thermography
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Ultrasound testing
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Technology Viewpoint
Sensors What sensors are typically used to provide machine condition monitoring
data into the IoT system, and which factors define their deployment?
LeonardWiedenroth
Answered Friday, Jul 27, 2018
Implementation Viewpoint
Integration Challenges What integration challenges could impact machine condition monitoring
deployment?
LeonardWiedenroth
Answered Friday, Jul 27, 2018
Installation Challenges What installation challenges could impact machine condition monitoring
deployment?
LeonardWiedenroth
Answered Friday, Jul 27, 2018
System that are installed must fit into the plant IT infrastructure even when minimal
connectivity is maintained.
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