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Global Predictive Maintenance Market Size study, By Component (Solutions and services), Deployment Model (Cloud and on-premises), Organization size (Large enterprises and Small and medium-sized enterprises), By Vertical (Government and Defense, Manufacturing, Energy and Utilities, Transportation & Logistics and Healthcare and Life Sciences) and Regional Forecasts 2020-2027

  • BIZ4026491
  • 200 Pages
  • August 2020
  • Machines
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Global Predictive Maintenance Market is valued approximately USD 3.20 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 25.20 % over the forecast period 2020-2027. Predictive maintenance is a technique that helps in determining and analyzing the condition of any equipment in order to efficiently estimate the timeframe for the performance of maintenance. The effective use of the approach helps in saving time as well as maintenance cost . Also, this approach focuses on determining and predicting equipment failure. Further, the predictive maintenance is gaining acceptance due to the number of benefits such as savings on expenses related to equipment parts, production time and other associated raw material and it also helps to minimizes several issues related with quality and reliability. The growth of the market is witnessed owing to the growing need to reduce maintenance cost and downtime and increasing use of emerging technologies to gain valuable insights. Also, to integrate predictive maintenance with IoT and machine learning, government is also taking various prompt actions which is expected to drive the growth of the market. As per the International Trade Administration, Industry 4.0 initiative is mainly adopted by Germany as its main objective is to add Internet of things (IOT) to automate the manufacturing and business process and ability of devices, sensors, machines and people to integrate and communicate with each other via Internet of things (IOT). Thus, rising adoption of Internet of things (IOT) will generate the demand for IOT integrated services and solutions. Further, Industry 4.0 initiative is mainly emphasizing on the use of automated machines and use of IOT to efficiently predict failures and autonomously trigger maintenance processes. Moreover, emphasize is also on self-organized logistics that have the ability to respond to unexpected changes such as mishandling of load etc. in production. This will create lucrative growth prospects for the market. However, lack of skilled workforce is hampering the growth of this market. Further, the key players are focusing on strategies such as product launch, innovation and merger & acquisition to sustain themselves amidst fierce competition. In June 2020, PTC enhanced ThingWorx Industrial IoT platform to accelerate industrial IoT deployment across the enterprise value chain. The platform would deliver new and expanded features to help industrial companies implement, create, customize and scale their solutions.

The regional analysis of global Predictive Maintenance 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 in terms of developing and adopting predictive maintenance. Also, the rising investments in emerging technologies such as AI, IoT, ML, growing government support for regulatory compliance, and the increasing presence of predictive maintenance vendors, is expected to create positive outlook for the growth of the region. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:

IBM Corporation

Microsoft Corporation

SAP SE

General Electric Company

Schneider Electric

Hitachi Ltd

PTC Inc.

Software AG

SAS Institute

Oracle Corporation

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 Components:

Solutions

Services

By Deployment Mode:

Cloud

On-premises

By Organization size:

Large enterprises

Small and medium-sized enterprises

By Vertical:

Government and Defence

Manufacturing

Energy and Utilities

Transportation & Logistics

Healthcare and Life Sciences

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Predictive Maintenance 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, 2018-2027 (USD Billion)

1.2.1. Predictive Maintenance Market, by Region, 2018-2027 (USD Billion)

1.2.2. Predictive Maintenance Market, by Component, 2018-2027 (USD Billion)

1.2.3. Predictive Maintenance Market, by Deployment mode, 2018-2027 (USD Billion)

1.2.4. Predictive Maintenance Market, by, Organization size 2018-2027 (USD Billion)

1.2.5. Predictive Maintenance Market, by, Vertical 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Predictive Maintenance 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 Predictive Maintenance Market Dynamics

3.1. Predictive Maintenance Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Predictive Maintenance 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 (2017-2027)

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 Predictive Maintenance Market, by Component

5.1. Market Snapshot

5.2. Global Predictive Maintenance Market by Component, Performance - Potential Analysis

5.3. Global Predictive Maintenance Market Estimates & Forecasts by Component 2017-2027 (USD Billion)

5.4. Predictive Maintenance Market, Sub Segment Analysis

5.4.1. Solutions

5.4.2. Services

Chapter 6. Global Predictive Maintenance Market, by Deployment Mode

6.1. Market Snapshot

6.2. Global Predictive Maintenance Market by Deployment Mode , Performance - Potential Analysis

6.3. Global Predictive Maintenance Market Estimates & Forecasts by Deployment mode 2017-2027 (USD Billion)

6.4. Predictive Maintenance Market, Sub Segment Analysis

6.4.1. Cloud

6.4.2. On-premises

Chapter 7. Global Predictive Maintenance Market, by Organization size

7.1. Market Snapshot

7.2. Global Predictive Maintenance Market by Organization size , Performance - Potential Analysis

7.3. Global Predictive Maintenance Market Estimates & Forecasts by Organization size 2017-2027 (USD Billion)

7.4. Predictive Maintenance Market, Sub Segment Analysis

7.4.1. Large enterprises

7.4.2. Small and medium-sized enterprises

Chapter 8. Global Predictive Maintenance Market, by Vertical

8.1. Market Snapshot

8.2. Global Predictive Maintenance Market by Vertical, Performance - Potential Analysis

8.3. Global Predictive Maintenance Market Estimates & Forecasts by Vertical 2017-2027 (USD Billion)

8.4. Predictive Maintenance Market, Sub Segment Analysis

8.4.1. Government and Defence

8.4.2. Manufacturing

8.4.3. Energy and Utilities

8.4.4. Transportation & Logistics

8.4.5. Healthcare and Life Sciences

Chapter 9. Global Predictive Maintenance Market, Regional Analysis

9.1. Predictive Maintenance Market, Regional Market Snapshot

9.2. North America Predictive Maintenance Market

9.2.1. U.S. Predictive Maintenance Market

9.2.1.1. Component breakdown estimates & forecasts, 2017-2027

9.2.1.2. Deployment mode breakdown estimates & forecasts, 2017-2027

9.2.1.3. Organization size mode breakdown estimates & forecasts, 2017-2027

9.2.1.4. Vertical breakdown estimates & forecasts, 2017-2027

9.2.2. Canada Predictive Maintenance Market

9.3. Europe Predictive Maintenance Market Snapshot

9.3.1. U.K. Predictive Maintenance Market

9.3.2. Germany Predictive Maintenance Market

9.3.3. France Predictive Maintenance Market

9.3.4. Spain Predictive Maintenance Market

9.3.5. Italy Predictive Maintenance Market

9.3.6. Rest of Europe Predictive Maintenance Market

9.4. Asia-Pacific Predictive Maintenance Market Snapshot

9.4.1. China Predictive Maintenance Market

9.4.2. India Predictive Maintenance Market

9.4.3. Japan Predictive Maintenance Market

9.4.4. Australia Predictive Maintenance Market

9.4.5. South Korea Predictive Maintenance Market

9.4.6. Rest of Asia Pacific Predictive Maintenance Market

9.5. Latin America Predictive Maintenance Market Snapshot

9.5.1. Brazil Predictive Maintenance Market

9.5.2. Mexico Predictive Maintenance Market

9.6. Rest of The World Predictive Maintenance Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. IBM Corporation

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Microsoft Corporation

10.2.3. SAP SE

10.2.4. General Electric Company

10.2.5. Schneider Electric

10.2.6. Hitachi Ltd

10.2.7. PTC Inc.

10.2.8. Software AG

10.2.9. SAS Institute

10.2.10. Oracle Corporation

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

TABLE 1. Global Predictive Maintenance market, report scope

TABLE 2. Global Predictive Maintenance market estimates & forecasts by region 2017-2027 (USD Billion)

TABLE 3. Global Predictive Maintenance market estimates & forecasts by Component 2017-2027 (USD Billion)

TABLE 4. Global Predictive Maintenance market estimates & forecasts by Deployment mode 2017-2027 (USD Billion)

TABLE 5. Global Predictive Maintenance market estimates & forecasts by Organization size 2017-2027 (USD Billion)

TABLE 6. Global Predictive Maintenance market estimates & forecasts by Vertical 2017-2027 (USD Billion)

TABLE 7. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 19. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 22. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 23. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 24. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 25. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 26. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 27. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 28. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 29. Global Predictive Maintenance market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 30. Global Predictive Maintenance market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 31. U.S. Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 32. U.S. Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 33. U.S. Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 34. Canada Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 35. Canada Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 36. Canada Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 37. UK Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 38. UK Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 39. UK Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 40. Germany Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 41. Germany Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 42. Germany Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 43. France Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 44. France Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 45. France Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 46. Spain Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 47. Spain Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 48. Spain Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 49. Italy Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 50. Italy Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 51. Italy Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 52. ROE Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 53. ROE Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 54. ROE Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 55. China Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 56. China Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 57. China Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 58. India Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 59. India Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 60. India Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 61. Japan Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 62. Japan Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 63. Japan Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 64. Australia Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 65. Australia Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 66. Australia Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 67. South Korea Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 68. South Korea Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 69. South Korea Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 70. ROPAC Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 71. ROPAC Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 72. ROPAC Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 73. Brazil Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 74. Brazil Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 75. Brazil Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 76. Mexico Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 77. Mexico Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 78. Mexico Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 79. ROLA Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 80. ROLA Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 81. ROLA Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 82. ROW Predictive Maintenance market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 83. ROW Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 84. ROW Predictive Maintenance market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 85. List of secondary sources, used in the study of global Predictive Maintenance market

TABLE 86. List of primary sources, used in the study of global Predictive Maintenance market

TABLE 87. Years considered for the study

TABLE 88. Exchange rates considered

 
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