Efficient maintenance of industrial machinery is crucial for maintaining production efficiency and controlling costs. As the global MRO market expands, industries are seeking innovative solutions to improve maintenance practices and extend machinery life. Below, we examine key strategies to optimize maintenance and reduce both costs and downtime.
Unplanned downtime, often caused by equipment failure or operator error, is a significant cost for many industries. To address this, low-maintenance components such as ultrasonic clamp-on meters can be integrated into machinery to reduce service needs. These components eliminate moving parts, minimizing the chances of breakdowns and the need for frequent maintenance.
Preventive maintenance (PM) is widely adopted, with 76% of manufacturers implementing it to prevent breakdowns and extend the life of equipment. While PM helps reduce downtime, it increases maintenance costs, which can be a concern for businesses with large equipment fleets.
Predictive maintenance (PdM) is a more advanced solution, using data analytics to monitor the health of equipment and predict when maintenance is required. PdM helps eliminate unnecessary maintenance and reduces downtime by addressing issues before they become critical. With 41% of manufacturers already implementing PdM, this strategy is becoming more common due to its potential to save up to 12% in maintenance costs.
By adopting these maintenance strategies, industrial operations can improve machinery performance, reduce downtime, and lower operational costs. For more insights into how predictive maintenance is transforming the industry, check out the infographic provided by Emerson.
