APM: market to reach value of USD 10.1 billion

APM: market to reach value of USD 10.1 billion

According to the latest Fortune Business Insights report, the value of Asset Performance Management stood at USD 10.19 billion by 2032. The report forecasts a CAGR of 14.4%, propelling the market to a valuation of USD 3.07 billion by 2023. Offering a complete overview of the market landscape, experts predict that key players will focus on incorporating (artificial intelligence and machine learning), accelerating expansion across global Asset Performance Management.

The main drivers include technological advances, which improve data collection and analysis capabilities, and growing consumer demand for personalized experiences, leading companies to invest in deeper insights. In addition, globalization opens up new markets and demographic changes, such as an ageing population and rising middle-class incomes, create diverse opportunities. Regulatory changes and sustainability trends also put pressure on companies to adapt and innovate. These drivers collectively fuel the evolution of industry research, allowing companies to remain competitive and responsive to the ever-changing dynamics of Asset Performance Management.


AI-supported fault trend identification

Recently, we had a successful case of identifying mechanical looseness in a vibrating screen after Insights was used. The resource pointed out an abrupt upward trend in acceleration and telemetry levels, in data that until then had been in the normal range.

Contact us and discover how we make high-tech accessible and easy to use: Contact | Talk to our sales consultants ( dynamox.net )


We've improved your experience using the 3D spectral waterfall

Dynamox was one of the first to offer interactive 3D graphics for viewing the evolution of spectral analysis data at a monitored point. Since the launch of this versatile feature, we have evolved and improved the user experience.

Now, in addition to all the features you're used to, we have new improvements: it's 3X faster to generate a 3D cascade, and you can choose twice as many spectra for analysis (spectral band filter waterfall, envelope waterfall and Cepster)!

Check out this new feature on the platform.


Thickeners: learn about the most common types and the main faults

Structurally, thickeners tend not to have many faults in the tank, rake or pipes. However, it is always important to look out for excessive wear, cracks and leaks, which can be detected during routine inspections.

Other faults are related to components such as pumps, motors and drive systems. To avoid these, it is possible to install a performance monitoring system, which will help detect faults at an early stage and prevent unplanned downtime.

In addition to these problems, there are those related to the effectiveness of the thickener's operation. In terms of solid-liquid separation, the implementation project must be based on calculating the area of the sedimentation section and the height of the equipment, thus obtaining the volume of sediment. If sizing is not done properly, the efficiency of the operation may be lower than expected.

A relevant factor (and one that can become a problem) is the rake speed setting. If the speed is too low, it will hinder the movement of the arms. If it's too fast, it will produce turbulence and decompression of the pulp in the underflow.

Another problem is the presence of a higher proportion of materials in finer particle size ranges. This represents a reduction in separation efficiency and greater consumption of aggregating reagents. This situation makes it more difficult to operate industrial filters. Lamellar and acicular particles also tend to reduce filter productivity and blind the filter medium.

Read more: Thickeners: learn about the most common types and the main faults (dynamox.net )


Locomotives: understand how these assets work

Some common traction motor failure modes are associated with wear in the coupling between the wheel crown and the motor pinion, which can usually be noticed by increased vibration.

In turn, abnormal vibration is a contributing factor to other faults in locomotives. Shocks and high-frequency vibration can cause serious damage to the crown-pinion coupling. In this way, deviations in the evolution of the pinion or crown cause variations in the rotation of the gears, which produces an increase in the load on the gear teeth and in the torque of the armature and runner shafts. In addition, wear on the runner shaft bearings is also a common cause of misalignment between the crown and pinion.

Faults in the insulation system of traction motors are also among the common causes of problems with this component. Insulation problems can lead to thermal degradation, contamination damage, abrasion or punctures.

By continuously monitoring the vibration and temperature of locomotive components, it is possible to identify trends in vibration levels and other signs of faults in advance. This prevents equipment breakdowns and reduces corrective maintenance costs. It also prevents the machine from being idle for long periods. Frequent monitoring of performance and performance variables also improves equipment efficiency and maximizes its useful life.

Read more: Locomotives: understanding how these assets work (dynamox.net )


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