Fibre substrates act as a conduit for light along which response signals are transmitted to a controller in the form of an electronic device associated with a component. The processed signals are stored in a local memory to provide a component history and a prediction of future performance and life. Service and repair history may be added to the component device memory to enable a complete history to be stored with the component. A controller may transmit data to an external controller or display through typically a wireless connection. Power to the component electronics may be provided by an induction loop or transformer.