Machinery Health Prognosis - Data Driven Approach Using Threshold Regression

Machinery health data is the backbone of prognostics. Effective prognostic, from the machinery data, leads towards operational reliability, reduced machinery downtime, cost savings, secondary/catastrophic failures etc. Various methodologies have been adopted by the researchers in an effort to precisely forecast/predict machinery health. In this study, Threshold Regression Methodology has been applied to a machinery vibration data to estimate future health state of machinery. The results show that the proposed method is an effective and reliable approach for data driven prognostics.