Asset health monitoring is the continuous assessment of equipment or physical assets to determine their operating condition, performance, and likelihood of developing a fault. It combines data from sensors, inspections, maintenance records, and operational systems to identify changes such as abnormal temperature, vibration, pressure, or energy consumption. The objective is to understand asset condition before a minor issue develops into a significant failure.
In industrial environments, asset health monitoring can track equipment such as pumps, compressors, turbines, motors, and heat exchangers. Continuous condition data helps maintenance teams identify deteriorating assets, investigate emerging problems, prioritize inspections, and plan maintenance based on actual equipment condition. It is closely associated with condition monitoring, predictive maintenance, and anomaly detection.