Component Replacement refers to the process of removing a faulty or outdated part from a system and substituting it with a new or refurbished one. This practice is common in various fields, including electronics, automotive repair, and machinery maintenance, where specific components can wear out or fail over time. The goal of Component Replacement is to restore functionality and improve performance without needing to replace the entire system. By focusing on individual parts, this approach can be more cost-effective and efficient, allowing for targeted repairs that extend the lifespan of the overall system.