Aug 14, 2023   SOURCE: BusinessWire

Global Predictive Maintenance Market 2023-2030: Rising Demand for Live Asset Monitoring Across Various Industries is Driving Business Opportunities - ResearchAndMarkets.com

The Predictive Maintenance Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 report has been added to ResearchAndMarkets.com's offering.

The digital transformation has propelled next-generation organizations to achieve new milestones in maintenance, cost efficiency, and customer satisfaction. The increasing adoption of emerging technologies has resulted in a surge in demand for predictive maintenance solutions, enabling businesses to reduce unplanned downtime, enhance equipment maintenance accuracy, boost productivity, and achieve higher ROI.

With the rapid embrace of Industry 4.0, the global predictive maintenance market is expected to witness significant expansion. Leading market players are gearing up to leverage economic opportunities through innovation and high-value partnerships.

The rising demand for live asset monitoring across various industries is driving business opportunities in the predictive maintenance market. Solutions powered by IoT, AI, and ML provide real-time condition monitoring, facilitating improved quality management and control. This trend is expected to create fresh revenue streams and growth prospects.

Cloud deployment is gaining traction in the predictive maintenance market due to benefits such as easy data storage, enhanced security, cost-efficiency, and scalability. Strategic alliances and advancements in research and development will further drive the adoption of cloud-enabled predictive maintenance solutions.

The Asia Pacific region, including China, Japan, India, and Singapore, is emerging as a highly-promising market for predictive maintenance. The presence of a flourishing IT industry, strong public-private partnerships, and high demand from the manufacturing industry contribute to the region's growth potential.

Prominent market players such as SAP, TICBO Software, Softweb Solutions, and PTC are leading the way in innovation, mergers, acquisitions, and joint ventures in the global predictive maintenance market. They focus on product innovation, offering various predictive maintenance solutions to meet the market demands.

Key Topics Covered

1. Executive Summary

1.1. Global Predictive Maintenance Market: Snapshot

1.2. Future Projections, 2023 - 2030, (US$ Mn)

1.3. Key Segment Analysis and Competitive Insights

1.4. Premium Insights

2. Market Overview

2.1. Market Definitions and Segmentation

2.2. Market Dynamics

2.2.1. Driver

2.2.2. Restraint

2.2.3. Industry Challenges & Opportunities

2.3. Market Forces Analysis

2.3.1. Value Chain Analysis

2.3.2. Porters Five Forces Analysis

2.4. Challenges and Solutions

2.5. Supply Chain Impact Analysis

2.6. COVID-19 Impact Analysis

2.6.1. Pre and Post Covid-19 Analysis

2.7. Regulatory Scenario

2.8. Economic Analysis

3. Global Predictive Maintenance Market Outlook, 2018 - 2030

3.1. Global Predictive Maintenance Market Outlook, by Deployment, Value (US$ Mn), 2018 - 2030

3.1.1. Key Highlights

3.1.1.1. Cloud

3.1.1.2. On-premises

3.1.2. Market Attractiveness Analysis

3.2. Global Predictive Maintenance Market Outlook, by Solutions, Value (US$ Mn), 2018 - 2030

3.2.1. Key Highlights

3.2.1.1. Integrated

3.2.1.2. Standalone

3.2.2. Market Attractiveness Analysis

3.3. Global Predictive Maintenance Market Outlook, by Application, Value (US$ Mn), 2018 - 2030

3.3.1. Key Highlights

3.3.1.1. Manufacturing

3.3.1.2. Transportation

3.3.1.3. Energy & Power Generation

3.3.1.4. Oil & Gas

3.3.1.5. IT & Telecommunication

3.3.1.6. Misc. (Defense, etc.)

3.3.2. Market Attractiveness Analysis

3.4. Global Predictive Maintenance Market Outlook, by Region, Value (US$ Mn), 2018 - 2030

3.4.1. Key Highlights

3.4.1.1. North America

3.4.1.2. Europe

3.4.1.3. Asia Pacific

3.4.1.4. Latin America

3.4.1.5. Middle East & Africa

3.4.2. Market Attractiveness Analysis

4. North America Predictive Maintenance Market Outlook, 2018 - 2030

5. Europe Predictive Maintenance Market Outlook, 2018 - 2030

6. Asia Pacific Predictive Maintenance Market Outlook, 2018 - 2030

7. Latin America Predictive Maintenance Market Outlook, 2018 - 2030

8. Middle East & Africa Predictive Maintenance Market Outlook, 2018 - 2030

9. Competitive Landscape

9.1. Company Market Share Analysis, 2022

9.2. Competition Matrix (By Tier and Size of companies)

9.3. Strategic Collaborations

9.3.1. Joint Ventures

9.3.2. Mergers & Acquisitions

9.4. Company Profiles

9.4.1. Microsoft Corporation

9.4.1.1. Company Overview

9.4.1.2. Product Portfolio

9.4.1.3. Financial Overview

9.4.1.4. Business Strategies and Development

9.4.2. Oracle Corporation

9.4.3. Honeywell International Inc.

9.4.4. Accenture plc

9.4.5. Cisco Systems, Inc.

9.4.6. IBM

9.4.7. Microsoft Corporation

9.4.8. Hitachi Ltd.

9.4.9. Siemens AG

9.4.10. Fujitsu Ltd.

9.4.11. Schneider Electric

9.4.12. SAP

9.4.13. SAS Institute Inc.

10. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/vlzhh9

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