1. Concept of obsolescence
Obsolescence is a phenomenon that affects all sectors of industry, whether it be aeronautical, automotive, energy or telecommunications. Obsolescence is accelerating as markets and technologies evolve, and as regulations tighten.
A very practical definition of obsolescence was proposed by a group of experts in 2016: obsolescence corresponds to the fact that an item becomes either unsuitable for current demands, or unavailable from the original manufacturer.
According to Singh et al.
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Concept of obsolescence