Table 2 Differences between preventive maintenance and predictive maintenance.

From: Developing a virtual reality and AI-based framework for advanced digital manufacturing and nearshoring opportunities in Mexico

Characteristic

Preventive maintenance

Predictive maintenance

Scheduling

Scheduled at regular intervals

Based on real-time data and analytics

Costs

Predictable maintenance costs, prone to over-maintenance

Higher initial investments, but potential operational savings

Equipment Lifespan

It can prolong equipment lifespan

It can prolong equipment lifespan

Investments

Lower initial investments, but risk of over-maintenance

Higher initial investments in monitoring technologies and personnel training