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Global Asset performance management Market Size study, by Deployment Mode: ( On-Premises, Hosted), Vertical ( Energy & Utilities, Oil & Gas, Manufacturing, Mining & Metal Government & Public Sector, Transportation, Chemicals & Pharmaceutical, Others) and Regional Forecasts 2019-2026

  • BIZ3807978
  • 200 Pages
  • April 2020
  • ICT & Media
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Global Asset performance management Market is valued approximately at USD 13.2 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 9% over the forecast period 2019-2026. Asset performance management (APM) systems are used to enhance the consistency and accessibility of physical assets while reducing risk and operating costs. Asset performance management usually comprises of condition monitoring, asset integrity management, predictive maintenance, reliability-centered maintenance, and often includes technologies such as visualization, asset health data collection, and analytics. Asset performance management (APM) is a proven methodology to lower unplanned downtime, reduce maintenance costs, and EH&S risks reduction as well. The market is witnessing significant growth as occupants of various industries, such as chemical, oil & gas, manufacturing, aviation among others, are opting for digital solutions to manage the performance of their assets as part of the efforts to decrease their operating expenses. For instance, in July 2018, the Colombia Air Force (COLAF) signed agreement with GE aviation to provide digital asset performance management solution for their fleet of military aircrafts. Through this agreement, the Columbian air force aims to enhance its operational efficiency and fleet availability. Similarly, in 2017, MaxGrip and Shell announced renewal of agreement for asset performance and integrity management to manage the capital-intensive assets. The rapid industrial shift towards digitization of asset monitoring and maintenance activities coupled with the growing adoption of cloud-based asset performance management and increasing data security are key driving forces of the market growth. Furthermore, incorporation of Industrial IoT (IIoT) and Industry 4.0 provide new opportunities to improve overall business performance. However, relatively high cost of the asset performance management impedes the growth of the market over the forecast period of 2019-2026.

The regional analysis of global Asset performance management market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to Advances in industrial technology coupled with higher adoption of asset performance management by the different industry verticals. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as advances in digital technology, demand for better solutions to manage industrial plants would create lucrative growth prospects for the Asset performance management market across Asia-Pacific region.

Major market player included in this report are:

ABB

Aspen Technology, Inc.

AVEVA Group plc

Bentley Systems, Inc., Inc.

DNV GL AS

General Electric

IBM Corporation

SAP ERPSAS Institute

Siemens AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Deployment Mode:

On-Premises

Hosted

By Vertical:

Energy & Utilities

Oil & Gas

Manufacturing

Mining & Metal

Government & Public Sector

Transportation

Chemicals & Pharmaceutical

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017

Base year – 2018

Forecast period – 2019 to 2026

Target Audience of the Global Asset performance management Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)

1.2.1. Asset Performance Management Market, by Region, 2017-2026 (USD Billion)

1.2.2. Asset Performance Management Market, by Deployment Mode, 2017-2026 (USD Billion)

1.2.3. Asset Performance Management Market, by Vertical, 2017-2026 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Asset Performance Management Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Asset Performance Management Market Dynamics

3.1. Asset Performance Management Market Impact Analysis (2018-2026)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Asset Performance Management Market: Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Asset Performance Management Market, by Deployment Mode

5.1. Market Snapshot

5.2. Global Asset Performance Management Market by Deployment Mode, Performance - Potential Analysis

5.3. Global Asset Performance Management Market Estimates & Forecasts by Deployment Mode 2016-2026 (USD Billion)

5.4. Asset Performance Management Market, Sub Segment Analysis

5.4.1. On-Premises

5.4.2. Hosted

Chapter 6. Global Asset Performance Management Market, by Vertical

6.1. Market Snapshot

6.2. Global Asset Performance Management Market by Vertical, Performance - Potential Analysis

6.3. Global Asset Performance Management Market Estimates & Forecasts by Vertical 2016-2026 (USD Billion)

6.4. Asset Performance Management Market, Sub Segment Analysis

6.4.1. Energy & Utilities

6.4.2. Oil & Gas

6.4.3. Manufacturing

6.4.4. Mining & Metal

6.4.5. Government & Public Sector

6.4.6. Transportation

6.4.7. Chemicals & Pharmaceutical

6.4.8. Others

Chapter 7. Global Asset Performance Management Market, Regional Analysis

7.1. Asset Performance Management Market, Regional Market Snapshot

7.2. North America Asset Performance Management Market

7.2.1. U.S. Asset Performance Management Market

7.2.1.1. Deployment Mode breakdown estimates & forecasts, 2016-2026

7.2.1.2. Vertical breakdown estimates & forecasts, 2016-2026

7.2.2. Canada Asset Performance Management Market

7.3. Europe Asset Performance Management Market Snapshot

7.3.1. U.K. Asset Performance Management Market

7.3.2. Germany Asset Performance Management Market

7.3.3. Rest of Europe Asset Performance Management Market

7.4. Asia-Pacific Asset Performance Management Market Snapshot

7.4.1. China Asset Performance Management Market

7.4.2. India Asset Performance Management Market

7.4.3. Japan Asset Performance Management Market

7.4.4. Rest of Asia Pacific Asset Performance Management Market

7.5. Latin America Asset Performance Management Market Snapshot

7.5.1. Brazil Asset Performance Management Market

7.5.2. Mexico Asset Performance Management Market

7.6. Rest of The World Asset Performance Management Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. ABB

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Aspen Technology, Inc.

8.2.3. AVEVA Group plc

8.2.4. Bentley Systems, Inc.

8.2.5. DNV GL AS

8.2.6. General Electric

8.2.7. IBM Corporation

8.2.8. SAP ERPSAS Institute Inc.

8.2.9. Siemens AG

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET

TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET

TABLE 3. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET, REPORT SCOPE

TABLE 4. YEARS CONSIDERED FOR THE STUDY

TABLE 5. EXCHANGE RATES CONSIDERED

TABLE 6. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD BILLION)

TABLE 7. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY DEPLOYMENT MODE 2016-2026 (USD BILLION)

TABLE 8. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY VERTICAL 2016-2026 (USD BILLION)

TABLE 9. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 10. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 11. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 12. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 13. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 14. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 15. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 16. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 17. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 18. GLOBAL ASSET PERFORMANCE MANAGEMENT MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 19. U.S. ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 20. U.S. ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 21. U.S. ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 22. CANADA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 23. CANADA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 24. CANADA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 25. UK ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 26. UK ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 27. UK ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 28. GERMANY ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 29. GERMANY ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 30. GERMANY ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 31. ROE ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 32. ROE ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 33. ROE ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 34. CHINA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 35. CHINA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 36. CHINA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 37. INDIA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 38. INDIA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 39. INDIA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 40. JAPAN ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 41. JAPAN ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 42. JAPAN ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 43. ROAPAC ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 44. ROAPAC ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 45. ROAPAC ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 46. BRAZIL ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 47. BRAZIL ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 48. BRAZIL ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 49. MEXICO ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 50. MEXICO ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 51. MEXICO ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 52. ROLA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 53. ROLA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 54. ROLA ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 55. ROW ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 56. ROW ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 57. ROW ASSET PERFORMANCE MANAGEMENT MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

 
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