Book excerpt: Industrial Prognostics predicts an industrial system’s lifespan using probability measurements to determine the way a machine operates. Prognostics are essential in determining being able to predict and stop failures before they occur. Therefore the development of dependable prognostic procedures for engineering systems is important to increase the system’s performance and reliability. Diagnostics and Prognostics of Engineering Systems: Methods and Techniques provides widespread coverage and discussions on the methods and techniques of diagnosis and prognosis systems. Including practical examples to display the method’s effectiveness in real-world applications as well as the latest trends and research, this reference source aims to introduce fundamental theory and practice for system diagnosis and prognosis.