This infographic covers the latest maintenance statistics and trends from the industry.
Finding fresh stats about the maintenance industry can be pretty difficult, as cited research in articles from this niche often leads to sources from a decade ago. That is why we decided to find the latest available maintenance statistics and use them to make this infographic.
General Statistics are Fruitless
If you’re working in maintenance management or if you are somewhat familiar with the maintenance industry, most of these stats won't seriously surprise you.
For example, latest surveys show that 87 percent of facilities outsource at least one part of their maintenance operations. If you asked them why, they will tell you that the main reason is a lack of manpower to handle all required maintenance tasks.
The second reason is that maintenance facilities have so many different machines that it’s difficult to have workers that can fix every malfunction. Some machines are so specific, that companies are forced to outsource its repair to costly certified technicians.
Reactive Maintenance vs Preventive Maintenance
Maintenance statistics that are proving to be valuable are the data points on maintenance strategy. Reactive maintenance, also known as run-to-failure maintenance, is a strategy in which repair work comes after a machine has broken down. While you can plan and practice to improve your response time, using reactive maintenance is often a signal that a facility doesn't have an effective maintenance strategy.
Waiting for a machine to break down before you do any maintenance work proved to be extremely expensive, as ITIC survey data from last year shows how an hour of downtime costs enterprises whopping $300k on average.
That is why we are seeing so many businesses turning to preventive maintenance. Scheduling preventive maintenance work or investing in sensors that can help you predict potential shutdowns proved to be much more cost-effective in the long run.
This is another reason why some facilities are slowly turning towards industrial IoT and smart factories as digital transformation won't be waiting for anyone.
