The availability of computational power in the domain of Prognostics and Health Management (PHM) with deep learning (DL) applications has attracted researchers worldwide. Industrial robots are the prime mover of modern industry. Industrial robots comprise multiple forms of rotating machinery, like servo motors and numerous gears. Thus, the PHM of the rotating components of industrial robots is crucial to minimize the downtime in the industries. In recent times, deep learning has proved its mettle in different areas, like bio-medical, image recognition, speech recognition, and many more. PHM with DL applications is a rapidly growing field. It has helped achieve a better understanding of the different condition monitoring signals, like vibration, current, temperature, acoustic emission, partial discharge, and pressure. Most current review articles are component- (or system-)specific and have not been updated to reflect the new deep learning approaches. Also, a unified review paper for PHM strategies for industrial robots and their rotating machinery with DL applications has not previously been presented. This paper presents a review of the PHM strategies with various DL algorithms for industrial robots and rotating machinery, along with brief theoretical aspects of the algorithms. This paper presents a trend of the up-to-date advancements in PHM approaches using DL algorithms. Also, the restrictions and challenges associated with the available PHM approaches are discussed, paving the way for future studies.

Early fault detection in an induction motor is the need of modern industries for minimal downtime and maximum production. A learning technique known as the Convolutional Neural network (CNN) provides automated and reliable feature extraction and selection. Considering these inherent traits of CNN, this study proposes a CNN in combination with batch normalisation (BN)‐based fault detection approach for simultaneous detection of bearing fault and broken rotor bars in squirrel cage induction motors (SCIMs). The SCIM vibration signals have different patterns for different defects, and the architecture of CNN is used in this study for fault diagnosis. For an efficient fault feature extraction, the proposed method uses CNN having multiple stacked layers with BN for faster training. In the proposed method, a CNN model with small kernel size is used along with adaptive gradient optimizer and BN to avoid performance degradation and optimum results. For the validation of the proposed technique, a test set‐up is used along with different fault conditions. The proposed method is also compared with the existing state‐of‐the‐art methods to illustrate its effectiveness.