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The global plant asset management (pam) market is forecasted to grow by USD 2.99 billion during 2025-2030, accelerating at a CAGR of 8.3% during the forecast period. The report on the global plant asset management (pam) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by integration of cognitive computing and universal interoperability standards, regulatory compulsion toward environmental sustainability and resource efficiency, proliferation of cloud-native platforms and remote diagnostic capabilities.
The study identifies the integration of generative ai and predictive analytics in asset maintenance as one of the prime reasons driving the global plant asset management (pam) market growth during the next few years. Also, proliferation of edge computing and industrial iot infrastructure and adoption of digital twin technology for holistic asset lifecycle and management will lead to sizable demand in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The global plant asset management (pam) market is segmented as below:
By Deployment
- Cloud
- On-premises
By End-User
- Power industry
- Pulp and paper industry
- Oil and gas industry
- Refining industry
- Others
By Component
- Software
- Services
By Region
- North America
- Europe
- APAC
- Middle East and Africa
- South America
- Rest of World (RoW)
The report covers the following areas:
- Global plant asset management (pam) market sizing
- Global plant asset management (pam) market forecast
- Global plant asset management (pam) market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Deployment
9 Market Segmentation by End-user
10 Market Segmentation by Component
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global global plant asset management (pam) market: AB SKF, ABB Ltd., Aspen Technology Inc., AVEVA Group Plc, Dassault Systemes SE, Emerson Electric Co., Endress Hauser Grp Services, Hexagon AB, Hitachi Ltd., Honeywell International Inc., IBM Corp., IFS World Operations AB, Oracle Corp., Rockwell Automation Inc., SAP SE, Schneider Electric SE, Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of generative ai and predictive analytics in asset maintenance."
According to the report, one of the major drivers for this market is the integration of cognitive computing and universal interoperability standards.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB SKF
- ABB Ltd.
- Aspen Technology Inc.
- AVEVA Group PLC
- Dassault Systemes SE
- Emerson Electric Co.
- Endress Hauser Grp Services
- Hexagon AB
- Hitachi Ltd.
- Honeywell International Inc.
- IBM Corp.
- IFS World Operations AB
- Oracle Corp.
- Rockwell Automation Inc.
- SAP SE
- Schneider Electric SE
- Yokogawa Electric Corp.
