The market is driven by factors such as an increase in the demand for predictive, prescriptive, and condition-based maintenance
through data shared by connected aircraft, growing demand for a better flight experience and the need for fast internet connectivity in aircraft & airports.
Lastly, we're looking at condition-based maintenance
plus, which is maintenance performed based on evidence of need, using data analytics and sensor data to better manage maintenance to provide less downtime for our fleet.
Honeywell's HUMS technology enables predictive, condition-based maintenance
using sensors on rotating parts, such as the main rotor, tail rotor and drivetrain, to measure the health and performance of these critical components on an aircraft.
Using conventional condition-based maintenance
is currently the norm and, although predictive maintenance remains an industry buzzword, there has been limited adoption to date, despite the vast potential to significantly reduce costs.
"The study results suggest that the most common use case for IoT in these industrial settings is condition-based maintenance
. The benefits go beyond operational improvements and maintenance cost avoidance," said Ralph Rio, vice president of enterprise software at ARC Advisory Group.
So far, condition-based maintenance
(CBM) has been mainly used for ship propulsion systems.
The Advanced Analytics Platform incorporates machine learning, artificial intelligence and advanced analytics for accurate, repeatable prognostics used in condition-based maintenance
(CBM) and predictive health management (PHM).
Under what is known as condition-based maintenance
, OSIsoft, a San Leandro, California-based software company, is seeking to use big data to help the military keep up with the many repairs needed on weapon systems.
Huge potential savings in operating cost by using SHM for long term that facilitates condition-based maintenance
is expected to drive the SHM market for civil infrastructure.
Achieving cost savings of 50 percent with this new model, the Army can now focus on bringing in new analytics services such as condition-based maintenance
and data mining that can benefit all Army organizations.