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Predictive Maintenance Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component, Deployment Type, Technique, and Industry- Product Image
Predictive Maintenance Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component, Deployment Type, Technique, and Industry- Product Image
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Predictive Maintenance Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component, Deployment Type, Technique, and Industry

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    Report

  • 221 Pages
  • August 2022
  • Region: Global
  • The Insight Partners
  • ID: 5136053
UP TO OFF until Jun 30th 2024
Description Jump to:
The predictive maintenance market is projected to reach US$ 26,588.00 million by 2028 from US$ 5,316.99 million in 2021, growing at a CAGR of 27.4% from 2022 to 2028.

Businesses are rapidly embracing advanced predictive maintenance solutions and services to reduce unforeseen production delays and gain a competitive advantage. Several macroeconomic factors globally created a severely hostile environment for businesses. The COVID-19 pandemic caused severe disruptions, which led to huge losses for several industry verticals. Political factors in Europe, the Middle East, and South America negatively affected different industry verticals in various ways. Severe economic downturns in several countries decreased consumer spending on discretionary or optional goods.

Concerning such factors, enterprises are taking up different measures to remain competitive by reducing capital expenditure. Hence, enterprises are adopting technologies that can reduce their production downtime and support continuous manufacturing activities. Availing predictive maintenance can aid organizations in reducing costs while maintaining a competitive edge. Studies claim that an offshore oil and gas company can use predictive maintenance solutions to reduce downtime by 20%, leading to a production increase of more than 500,000 oil barrels annually. Such advantages are expected to boost the predictive maintenance market growth during the forecast period.

Impact of COVID-19 Pandemic on Predictive Maintenance Market Growth

The limitations imposed by governments to control the spread of COVID-19 during the initial time frame of the outbreak in most countries affected the day-to-day functioning of most enterprises. Stringent restrictions and supply chain disruptions put most companies in jeopardy. Similar situations were witnessed across most countries across all regions. The COVID-19 pandemic affected the economy, transportation, infrastructure, and electronics & semiconductor industries. It disrupted the operations of electronics & semiconductor firms, clients, and partners for an indefinite period due to travel restrictions and business shutdowns, severely influencing revenue and reducing technological spending. There is speculation that the work-at-home modality is expected to become the new normal for many people in the near future. Hence, multinational enterprises operating in different regions had to reconfigure their manufacturing operations to continue functioning, despite less manpower. Thus, there was a sudden rise in demand for predictive maintenance market players in most regions worldwide. Large enterprises and SMEs increased their adoption of digital transformation to accommodate the changing business environment. Therefore, regional businesses are expected to invest more money and energy into identifying intelligent management solutions tailored to managing plant machinery and equipment during the forecast period. The outlook post-COVID 19 for the predictive maintenance market growth, thus, seems favorable for most market players.

China accounts for the largest share in the predictive maintenance market in Asia Pacific, followed by Japan and India. The predictive maintenance market in China is growing at one of the fastest globally. Chinese firms have been one of the keenest adopters of technology in APAC as they seek to gain a competitive edge through digitalization and innovation. The growing demand for predictive maintenance from the oil & gas, energy & utility, transportation, and logistics industries is creating immense opportunities for the predictive maintenance players to accelerate the market. For instance, in February 2022, Shentong Bombardier (Shanghai) Rail Transit Vehicle Maintenance Co., Ltd., an Alstom’s Chinese joint venture, achieved a contract from Shanghai Shentong Metro Group Co., Ltd. (Shanghai Metro) to provide whole lifecycle maintenance service for 204 Movia metro cars and 34 trains with a contract value of US$ 44.85 million. Such factors promote the expansion of the predictive maintenance market in China.

The predictive maintenance market revenue was predominantly generated through solutions segment. Predictive maintenance solutions are custom-designed and standard ones, designed to meet the rising demands from industries for optimized energy consumption and reduced operational costs, and making intelligent decisions backed by analytical tools. Predictive maintenance market players are offering solutions that coexist with the production systems and industrial assets, such as Embitel and Cariad Group Company.

Additionally, the demand for application-specific predictive maintenance solutions is rising from large enterprises to collect and manage data for undisruptive production flows by maintenance schedule. Furthermore, growing initiatives from solution providers for improved fleet management, HVAC controls, remote diagnostics for buses, and so on are expediting the segment growth. For instance, Continental AG has developed ContiConnect 2.0, a time management solution (predictive maintenance), consisting of standard and version packages for tire pressure & temperature management and insights collection for tread depth & tire condition, respectively.

Drones equipped with sensors and cameras for transmitting insights with AI through 5G are a solution for detecting corrosion in grid insulators and exhibit predictive maintenance across industries. Such factors promote the growth of the solutions segment, and in turn, of the predictive maintenance market.

General Electric Co.; Hitachi Ltd.; IBM Corporation; Microsoft Corporation; PTC, Inc.; SAS Institute Inc.; Schneider Electric SE; Software AG; Syncron AB; and TOSL Engineering Ltd. are a few key predictive maintenance market players.

The overall predictive maintenance market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast of the predictive maintenance market size with respect to all market segments. Also, industry participants and commentators have conducted multiple primary interviews to validate the data and gain more analytical insights. Participants in this process include VPs, business development managers, market intelligence managers, national sales managers, external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the predictive maintenance market.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Predictive Maintenance Market - By Component
1.3.2 Predictive Maintenance Market - By Deployment Type
1.3.3 Predictive Maintenance Market - By Technique
1.3.4 Predictive Maintenance Market - By Industry
1.3.5 Predictive Maintenance Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Predictive Maintenance Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights - List of Key Suppliers, By Technique, in North America and Europe
5. Predictive Maintenance Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Industry 4.0
5.1.2 Increasing Focus on Energy Inspections across Industries
5.2 Market Restraints
5.2.1 High Installation Cost
5.3 Market Opportunities
5.3.1 Growing Industrialization Across Globe
5.4 Future Trends
5.4.1 Automation through Incorporation of AI and ML
5.5 Impact Analysis of Drivers and Restraints
6. Predictive Maintenance Market - Global Analysis
6.1 Global Predictive Maintenance Market Overview
6.2 Predictive Maintenance Market - Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Five Key Players
7. Predictive Maintenance Market Analysis - By Component
7.1 Overview
7.2 Predictive Maintenance Market, By Component (2021 and 2028)
7.3 Solutions
7.3.1 Overview
7.3.2 Solutions: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
8. Predictive Maintenance Market Analysis - By Deployment Type
8.1 Overview
8.2 Predictive Maintenance Market, By Deployment Type (2021 and 2028)
8.3 Cloud
8.3.1 Overview
8.3.2 Cloud: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
8.4 On-Premise
8.4.1 Overview
8.4.2 On-Premise: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
9. Predictive Maintenance Market Analysis - By Technique
9.1 Overview
9.2 Predictive Maintenance Market, By Technique (2021 and 2028)
9.3 Vibration Monitoring
9.3.1 Overview
9.3.2 Vibration Monitoring: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Electrical Testing
9.4.1 Overview
9.4.2 Electrical Testing: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Oil Analysis
9.5.1 Overview
9.5.2 Oil Analysis: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Ultrasonic Leak Detectors
9.6.1 Overview
9.6.2 Ultrasonic Leak Detectors: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
9.7 Shock Pulse
9.7.1 Overview
9.7.2 Shock Pulse: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
9.8 Infrared
9.8.1 Overview
9.8.2 Infrared: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
10. Predictive Maintenance Market Analysis - By Industry
10.1 Overview
10.2 Predictive Maintenance Market Breakdown, By Industry, 2021 & 2028
10.3 Manufacturing
10.3.1 Overview
10.3.2 Manufacturing: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
10.4 Energy & Utilities
10.4.1 Overview
10.4.2 Energy & Utilities: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
10.5 Aerospace & Defense
10.5.1 Overview
10.5.2 Aerospace & Defense: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
10.6 Transportation & Logistics
10.6.1 Overview
10.6.2 Transportation & Logistics: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
10.7 Oil & Gas
10.7.1 Overview
10.7.2 Oil & Gas: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
10.8 Others
10.8.1 Overview
10.8.2 Others: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
11. Predictive Maintenance Market - Geographic Analysis
11.1 Overview
11.2 North America: Predictive Maintenance Market
11.2.1 Overview
11.2.2 North America Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.2.3 North America Predictive Maintenance Market Breakdown, By Component
11.2.4 North America Predictive Maintenance Market Breakdown, By Deployment Type
11.2.5 North America Predictive Maintenance Market Breakdown, By Technique
11.2.6 North America Predictive Maintenance Market Breakdown, By Industry
11.2.7 North America Predictive Maintenance Market Breakdown, by Country
11.2.7.1 US Predictive Maintenance Market, Revenue and Forecast to 2028
11.2.7.1.1 US Predictive Maintenance Market Breakdown, By Component
11.2.7.1.2 US Predictive Maintenance Market Breakdown, By Deployment Type
11.2.7.1.3 US Predictive Maintenance Market Breakdown, By Technique
11.2.7.1.4 US Predictive Maintenance Market Breakdown, By Industry
11.2.7.2 Canada Predictive Maintenance Market, Revenue and Forecast to 2028
11.2.7.2.1 Canada Predictive Maintenance Market Breakdown, By Component
11.2.7.2.2 Canada Predictive Maintenance Market Breakdown, By Deployment Type
11.2.7.2.3 Canada Predictive Maintenance Market Breakdown, By Technique
11.2.7.2.4 Canada Predictive Maintenance Market Breakdown, By Industry
11.2.7.3 Mexico Predictive Maintenance Market, Revenue and Forecast to 2028
11.2.7.3.1 Mexico Predictive Maintenance Market Breakdown, By Component
11.2.7.3.2 Mexico Predictive Maintenance Market Breakdown, By Deployment Type
11.2.7.3.3 Mexico Predictive Maintenance Market Breakdown, By Technique
11.2.7.3.4 Mexico Predictive Maintenance Market Breakdown, By Industry
11.3 Europe: Predictive Maintenance Market
11.3.1 Overview
11.3.2 Europe Predictive Maintenance Market Revenue and Forecast to 2028 (US$ Million)
11.3.3 Europe Predictive Maintenance Market Breakdown, By Component
11.3.4 Europe Predictive Maintenance Market Breakdown, By Deployment Type
11.3.5 Europe Predictive Maintenance Market Breakdown, By Technique
11.3.6 Europe Predictive Maintenance Market Breakdown, By Industry
11.3.7 Europe Predictive Maintenance Market Breakdown, by Country
11.3.7.1 Germany Predictive Maintenance Market, Revenue and Forecast to 2028
11.3.7.1.1 Germany Predictive Maintenance Market Breakdown, By Component
11.3.7.1.2 Germany Predictive Maintenance Market Breakdown, By Deployment Type
11.3.7.1.3 Germany Predictive Maintenance Market Breakdown, By Technique
11.3.7.1.4 Germany Predictive Maintenance Market Breakdown, By Industry
11.3.7.2 France Predictive Maintenance Market, Revenue and Forecast to 2028
11.3.7.2.1 France Predictive Maintenance Market Breakdown, By Component
11.3.7.2.2 France Predictive Maintenance Market Breakdown, By Deployment Type
11.3.7.2.3 France Predictive Maintenance Market Breakdown, By Technique
11.3.7.2.4 France Predictive Maintenance Market Breakdown, By Industry
11.3.7.3 Italy Predictive Maintenance Market, Revenue and Forecast to 2028
11.3.7.3.1 Italy Predictive Maintenance Market Breakdown, By Component
11.3.7.3.2 Italy Predictive Maintenance Market Breakdown, By Deployment Type
11.3.7.3.3 Italy Predictive Maintenance Market Breakdown, By Technique
11.3.7.3.4 Italy Predictive Maintenance Market Breakdown, By Industry
11.3.7.4 UK Predictive Maintenance Market, Revenue and Forecast to 2028
11.3.7.4.1 UK Predictive Maintenance Market Breakdown, By Component
11.3.7.4.2 UK Predictive Maintenance Market Breakdown, By Deployment Type
11.3.7.4.3 UK Predictive Maintenance Market Breakdown, By Technique
11.3.7.4.4 UK Predictive Maintenance Market Breakdown, By Industry
11.3.7.5 Russia Predictive Maintenance Market, Revenue and Forecast to 2028
11.3.7.5.1 Russia Predictive Maintenance Market Breakdown, By Component
11.3.7.5.2 Russia Predictive Maintenance Market Breakdown, By Deployment Type
11.3.7.5.3 Russia Predictive Maintenance Market Breakdown, By Technique
11.3.7.5.4 Russia Predictive Maintenance Market Breakdown, By Industry
11.3.7.6 Rest of Europe Predictive Maintenance Market, Revenue and Forecast to 2028
11.3.7.6.1 Rest of Europe Predictive Maintenance Market Breakdown, By Component
11.3.7.6.2 Rest of Europe Predictive Maintenance Market Breakdown, By Deployment Type
11.3.7.6.3 Rest of Europe Predictive Maintenance Market Breakdown, By Technique
11.3.7.6.4 Rest of Europe Predictive Maintenance Market Breakdown, By Industry
11.4 APAC: Predictive Maintenance Market
11.4.1 Overview
11.4.2 APAC Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.4.3 APAC Predictive Maintenance Market Breakdown, By Component
11.4.4 APAC Predictive Maintenance Market Breakdown, By Deployment Type
11.4.5 APAC Predictive Maintenance Market Breakdown, By Technique
11.4.6 APAC Predictive Maintenance Market Breakdown, By Industry
11.4.7 APAC Predictive Maintenance Market Breakdown, by Country
11.4.7.1 Australia Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.4.7.1.1 Australia Predictive Maintenance Market Breakdown, By Component
11.4.7.1.2 Australia Predictive Maintenance Market Breakdown, By Deployment Type
11.4.7.1.3 Australia Predictive Maintenance Market Breakdown, By Technique
11.4.7.1.4 Australia Predictive Maintenance Market Breakdown, By Industry
11.4.7.2 China Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.4.7.2.1 China Predictive Maintenance Market Breakdown, By Component
11.4.7.2.2 China Predictive Maintenance Market Breakdown, By Deployment Type
11.4.7.2.3 China Predictive Maintenance Market Breakdown, By Technique
11.4.7.2.4 China Predictive Maintenance Market Breakdown, By Industry
11.4.7.3 India Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.4.7.3.1 India Predictive Maintenance Market Breakdown, By Component
11.4.7.3.2 India Predictive Maintenance Market Breakdown, By Deployment Type
11.4.7.3.3 India Predictive Maintenance Market Breakdown, By Technique
11.4.7.3.4 India Predictive Maintenance Market Breakdown, By Industry
11.4.7.4 Japan Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.4.7.4.1 Japan Predictive Maintenance Market Breakdown, By Component
11.4.7.4.2 Japan Predictive Maintenance Market Breakdown, By Deployment Type
11.4.7.4.3 Japan Predictive Maintenance Market Breakdown, By Technique
11.4.7.4.4 Japan Predictive Maintenance Market Breakdown, By Industry
11.4.7.5 South Korea Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.4.7.5.1 South Korea Predictive Maintenance Market Breakdown, By Component
11.4.7.5.2 South Korea Predictive Maintenance Market Breakdown, By Deployment Type
11.4.7.5.3 South Korea Predictive Maintenance Market Breakdown, By Technique
11.4.7.5.4 South Korea Predictive Maintenance Market Breakdown, By Industry
11.4.7.6 Rest of APAC Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.4.7.6.1 Rest of APAC Predictive Maintenance Market Breakdown, By Component
11.4.7.6.2 Rest of APAC Predictive Maintenance Market Breakdown, By Deployment Type
11.4.7.6.3 Rest of APAC Predictive Maintenance Market Breakdown, By Technique
11.4.7.6.4 Rest of APAC Predictive Maintenance Market Breakdown, By Industry
11.5 MEA: Predictive Maintenance Market
11.5.1 Overview
11.5.2 MEA Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.5.3 MEA Predictive Maintenance Market Breakdown, By Component
11.5.4 MEA Predictive Maintenance Market Breakdown, By Deployment Type
11.5.5 MEA Predictive Maintenance Market Breakdown, By Technique
11.5.6 MEA Predictive Maintenance Market Breakdown, By Industry
11.5.7 MEA Predictive Maintenance Market Breakdown, By Country
11.5.7.1 South Africa Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.5.7.1.1 South Africa Predictive Maintenance Market Breakdown, By Component
11.5.7.1.2 South Africa Predictive Maintenance Market Breakdown, By Deployment Type
11.5.7.1.3 South Africa Predictive Maintenance Market Breakdown, By Technique
11.5.7.1.4 South Africa Predictive Maintenance Market Breakdown, By Industry
11.5.7.2 Saudi Arabia Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.5.7.2.1 Saudi Arabia Predictive Maintenance Market Breakdown, By Component
11.5.7.2.2 Saudi Arabia Predictive Maintenance Market Breakdown, By Deployment Type
11.5.7.2.3 Saudi Arabia Predictive Maintenance Market Breakdown, By Technique
11.5.7.2.4 Saudi Arabia Predictive Maintenance Market Breakdown, By Industry
11.5.7.3 UAE Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.5.7.3.1 UAE Predictive Maintenance Market Breakdown, By Component
11.5.7.3.2 UAE Predictive Maintenance Market Breakdown, By Deployment Type
11.5.7.3.3 UAE Predictive Maintenance Market Breakdown, By Technique
11.5.7.3.4 UAE Predictive Maintenance Market Breakdown, By Industry
11.5.7.4 Rest of MEA Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.5.7.4.1 Rest of MEA Predictive Maintenance Market Breakdown, By Component
11.5.7.4.2 Rest of MEA Predictive Maintenance Market Breakdown, By Deployment Type
11.5.7.4.3 Rest of MEA Predictive Maintenance Market Breakdown, By Technique
11.5.7.4.4 Rest of MEA Predictive Maintenance Market Breakdown, By Industry
11.6 SAM: Predictive Maintenance Market
11.6.1 Overview
11.6.2 SAM Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
11.6.3 SAM Predictive Maintenance Market Breakdown, By Component
11.6.4 SAM Predictive Maintenance Market Breakdown, By Deployment Type
11.6.5 SAM Predictive Maintenance Market Breakdown, By Technique
11.6.6 SAM Predictive Maintenance Market Breakdown, By Industry
11.6.7 SAM Predictive Maintenance Market Breakdown, by Country
11.6.7.1 Brazil Predictive Maintenance Market, Revenue and Forecast to 2028
11.6.7.1.1 Brazil Predictive Maintenance Market Breakdown, By Component
11.6.7.1.2 Brazil Predictive Maintenance Market Breakdown, By Deployment Type
11.6.7.1.3 Brazil Predictive Maintenance Market Breakdown, By Technique
11.6.7.1.4 Brazil Predictive Maintenance Market Breakdown, By Industry
11.6.7.2 Argentina Predictive Maintenance Market, Revenue and Forecast to 2028
11.6.7.2.1 Argentina Predictive Maintenance Market Breakdown, By Component
11.6.7.2.2 Argentina Predictive Maintenance Market Breakdown, By Deployment Type
11.6.7.2.3 Argentina Predictive Maintenance Market Breakdown, By Technique
11.6.7.2.4 Argentina Predictive Maintenance Market Breakdown, By Industry
11.6.7.3 Rest of SAM Predictive Maintenance Market, Revenue and Forecast to 2028
11.6.7.3.1 Rest of SAM Predictive Maintenance Market Breakdown, By Component
11.6.7.3.2 Rest of SAM Predictive Maintenance Market Breakdown, By Deployment Type
11.6.7.3.3 Rest of SAM Predictive Maintenance Market Breakdown, By Technique
11.6.7.3.4 Rest of SAM Predictive Maintenance Market Breakdown, By Industry
12. Impact of COVID-19 Pandemic on Global Predictive Maintenance Market
12.1 Overview
12.2 North America: Impact Assessment of COVID-19 Pandemic
12.3 Europe: Impact Assessment of COVID-19 Pandemic
12.4 APAC: Impact Assessment of COVID-19 Pandemic
12.5 MEA: Impact Assessment of COVID-19 Pandemic
12.6 SAM Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Launch
13.4 Merger and Acquisition
14. Company Profiles
14.1 General Electric Company
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Hitachi, Ltd.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 IBM Corporation
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Microsoft Corporation
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 PTC Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 SAS Institute, Inc.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Schneider Electric SE
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Software AG
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Syncron AB
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 TOSL Engineering Limited
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About the Publisher
15.2 Word Index
List of Figures
Figure 1. Predictive Maintenance Market Segmentation
Figure 2. Predictive Maintenance Market Segmentation - By Geography
Figure 3. Global Predictive Maintenance Market Overview
Figure 4. Solutions Segment held the Largest Share of Predictive Maintenance Market
Figure 5. Cloud Segment held the Largest Share of Predictive Maintenance Market
Figure 6. Vibration Monitoring Segment held the Largest Share of Predictive Maintenance Market
Figure 7. Manufacturing Segment held the Largest Share of Predictive Maintenance Market
Figure 8. APAC to Show Great Traction During Forecast Period
Figure 9. North America: PEST Analysis
Figure 10. Europe: PEST Analysis
Figure 11. APAC: PEST Analysis
Figure 12. MEA: PEST Analysis
Figure 13. SAM: PEST Analysis
Figure 14. Expert Opinion
Figure 15. Predictive Maintenance Market Impact Analysis of Drivers and Restraints
Figure 16. Geographic Overview of Predictive Maintenance Market
Figure 17. Predictive Maintenance Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Predictive Maintenance Market Revenue Share, By Component (2021 and 2028)
Figure 19. Solutions: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 20. Services: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 21. Predictive Maintenance Market Revenue Share, By Deployment Type (2021 and 2028)
Figure 22. Cloud: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 23. On-Premise: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 24. Predictive Maintenance Market Revenue Share, By Technique (2021 and 2028)
Figure 25. Vibration Monitoring: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 26. Electrical Testing: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 27. Oil Analysis: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 28. Ultrasonic Leak Detectors: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 29. Shock Pulse: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 30. Infrared: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 31. Others: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 32. Predictive Maintenance Market Breakdown, By Industry (2021 and 2028)
Figure 33. Manufacturing: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 34. Energy & Utilities: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 35. Aerospace & Defense: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 36. Transportation & Logistics: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 37. Oil & Gas: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 38. Others: Predictive Maintenance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 39. Global Predictive Maintenance Market Breakdown, by Region, 2021 & 2028 (%)
Figure 40. North America Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 41. North America Predictive Maintenance Market Breakdown, By Component, 2021 & 2028 (%)
Figure 42. North America Predictive Maintenance Market Breakdown, By Deployment Type, 2021 & 2028 (%)
Figure 43. North America Predictive Maintenance Market Breakdown, By Technique, 2021 & 2028 (%)
Figure 44. North America Predictive Maintenance Market Breakdown, By Industry, 2021 & 2028 (%)
Figure 45. North America Predictive Maintenance Market Breakdown, by Country, 2021 & 2028 (%)
Figure 46. US Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 47. Canada Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 48. Mexico Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 49. Europe Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 50. Europe Predictive Maintenance Market Breakdown, By Component, 2021 & 2028 (%)
Figure 51. Europe Predictive Maintenance Market Breakdown, By Deployment Type, 2021 & 2028 (%)
Figure 52. Europe Predictive Maintenance Market Breakdown, By Technique, 2021 & 2028 (%)
Figure 53. Europe Predictive Maintenance Market Breakdown, By Industry, 2021 & 2028 (%)
Figure 54. Europe Predictive Maintenance Market Breakdown, by Country, 2021 & 2028 (%)
Figure 55. Germany Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 56. France Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 57. Italy Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 58. UK Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 59. Russia Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 60. Rest of Europe Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 61. APAC Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 62. APAC Predictive Maintenance Market Breakdown, By Component, 2021 & 2028 (%)
Figure 63. APAC Predictive Maintenance Market Breakdown, By Deployment Type, 2021 & 2028 (%)
Figure 64. APAC Predictive Maintenance Market Breakdown, By Technique, 2021 & 2028 (%)
Figure 65. APAC Predictive Maintenance Market Breakdown, By Industry, 2021 & 2028 (%)
Figure 66. APAC Predictive Maintenance Market Breakdown, by Country, 2021 & 2028 (%)
Figure 67. Australia Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 68. China Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 69. India Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 70. Japan Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 71. South Korea Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 72. Rest of APAC Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 73. MEA Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 74. MEA Predictive Maintenance Market Breakdown, By Component, 2021 & 2028 (%)
Figure 75. MEA Predictive Maintenance Market Breakdown, By Deployment Type, 2021 & 2028 (%)
Figure 76. MEA Predictive Maintenance Market Breakdown, By Technique, 2021 & 2028 (%)
Figure 77. MEA Predictive Maintenance Market Breakdown, By Industry, 2021 & 2028 (%)
Figure 78. MEA Predictive Maintenance Market Breakdown, By Country, 2021 & 2028 (%)
Figure 79. South Africa Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 80. Saudi Arabia Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 81. UAE Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 82. Rest of MEA Predictive Maintenance Market, Revenue and Forecast To 2028 (US$ Million)
Figure 83. SAM Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 84. SAM Predictive Maintenance Market Breakdown, By Component, 2021 & 2028 (%)
Figure 85. SAM Predictive Maintenance Market Breakdown, By Deployment Type, 2021 & 2028 (%)
Figure 86. SAM Predictive Maintenance Market Breakdown, By Technique, 2021 & 2028 (%)
Figure 87. SAM Predictive Maintenance Market Breakdown, By Industry, 2021 & 2028 (%)
Figure 88. SAM Predictive Maintenance Market Breakdown, by Country, 2021 & 2028 (%)
Figure 89. Brazil Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 90. Argentina Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 91. Rest of SAM Predictive Maintenance Market, Revenue and Forecast to 2028 (US$ Million)
Figure 92. Impact of COVID-19 Pandemic in North American Country Markets
Figure 93. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 94. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 95. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 96. Impact of COVID-19 Pandemic in South America Country Markets

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • General Electric Company
  • Hitachi, Ltd
  • IBM Corporation
  • Microsoft Corporation
  • PTC Inc.
  • SAS Institute, Inc.
  • Schneider Electric SE
  • Software AG
  • Syncron AB
  • TOSL Engineering Limited

Table Information

Report AttributeDetails
No. of Pages221
PublishedAugust 2022
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 5316.99 Million
Forecasted Market Value ( USD ) by 2028 $ 26588 Million
Compound Annual Growth Rate27.4%
Regions CoveredGlobal

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