+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Predictive Maintenance Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030

  • PDF Icon

    Report

  • 186 Pages
  • November 2025
  • Region: Global
  • TechSci Research
  • ID: 5530737
Free Webex Call
10% Free customization

Service is the fastest growing segment, North America is the largest market globally

Free Webex Call

Speak directly to the analyst to clarify any post sales queries you may have.

10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

The Global Predictive Maintenance Market, valued at USD 6.77 Billion in 2024, is projected to experience a CAGR of 27.91% to reach USD 29.65 Billion by 2030. Predictive maintenance (PdM) employs advanced data analytics and sensor technologies to forecast potential equipment failures, enabling proactive maintenance scheduling and optimizing asset performance.

Key Market Drivers

A primary catalyst for the expansion of the Global Predictive Maintenance Market is the critical imperative to minimize operational costs and reduce unplanned downtime. Businesses across various sectors seek methods to enhance equipment reliability and sustain production continuity, directly translating into tangible economic benefits. Unplanned equipment failures lead to significant production losses and increased repair expenses. Predictive maintenance solutions address these challenges by enabling proactive interventions rather than reactive responses, preventing costly breakdowns and facilitating optimized resource allocation.

Key Market Challenges

A significant challenge impeding broader market expansion for predictive maintenance solutions is the substantial initial investment required. Implementing comprehensive sensor infrastructure and integrating diverse data sources necessitates considerable capital expenditure. This financial barrier can significantly constrain adoption for numerous enterprises, particularly those with limited capital reserves.

Key Market Trends

The global predictive maintenance market is significantly influenced by the widespread adoption of digital twin technology for asset simulation and optimization. This trend involves creating virtual replicas of physical assets, systems, or processes to monitor their real-time performance, simulate various scenarios, and predict potential failures with high accuracy. Digital twins integrate data from sensors, operational systems, and historical records to provide a comprehensive, dynamic view of an asset's health and operational efficiency. This capability allows manufacturers to conduct virtual testing of process changes, identify optimal configurations, and reduce the time and cost associated with physical prototyping.

Key Market Players Profiled:

  • Accenture plc
  • Cisco Systems, Inc.
  • General Electric Company
  • Honeywell International Inc.
  • Hitachi, Ltd.
  • IBM Corporation
  • Microsoft Corporation
  • Robert Bosch GmbH
  • SAP SE
  • Schneider Electric SE

Report Scope:

In this report, the Global Predictive Maintenance Market has been segmented into the following categories:

By Component:

  • Solution
  • Service

By Organization Size:

  • Large Enterprises
  • Small & Medium Enterprises

By Deployment Model:

  • Cloud
  • On-premise

By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Predictive Maintenance Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report:
  • Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.

Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Predictive Maintenance Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Solution, Service)
5.2.2. By Organization Size (Large Enterprises, Small & Medium Enterprises)
5.2.3. By Deployment Model (Cloud, On-premise)
5.2.4. By Region
5.2.5. By Company (2024)
5.3. Market Map
6. North America Predictive Maintenance Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component
6.2.2. By Organization Size
6.2.3. By Deployment Model
6.2.4. By Country
6.3. North America: Country Analysis
6.3.1. United States Predictive Maintenance Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Component
6.3.1.2.2. By Organization Size
6.3.1.2.3. By Deployment Model
6.3.2. Canada Predictive Maintenance Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Component
6.3.2.2.2. By Organization Size
6.3.2.2.3. By Deployment Model
6.3.3. Mexico Predictive Maintenance Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Component
6.3.3.2.2. By Organization Size
6.3.3.2.3. By Deployment Model
7. Europe Predictive Maintenance Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By Organization Size
7.2.3. By Deployment Model
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Predictive Maintenance Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By Organization Size
7.3.1.2.3. By Deployment Model
7.3.2. France Predictive Maintenance Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By Organization Size
7.3.2.2.3. By Deployment Model
7.3.3. United Kingdom Predictive Maintenance Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By Organization Size
7.3.3.2.3. By Deployment Model
7.3.4. Italy Predictive Maintenance Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Component
7.3.4.2.2. By Organization Size
7.3.4.2.3. By Deployment Model
7.3.5. Spain Predictive Maintenance Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Component
7.3.5.2.2. By Organization Size
7.3.5.2.3. By Deployment Model
8. Asia Pacific Predictive Maintenance Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Organization Size
8.2.3. By Deployment Model
8.2.4. By Country
8.3. Asia Pacific: Country Analysis
8.3.1. China Predictive Maintenance Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By Organization Size
8.3.1.2.3. By Deployment Model
8.3.2. India Predictive Maintenance Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By Organization Size
8.3.2.2.3. By Deployment Model
8.3.3. Japan Predictive Maintenance Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By Organization Size
8.3.3.2.3. By Deployment Model
8.3.4. South Korea Predictive Maintenance Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By Organization Size
8.3.4.2.3. By Deployment Model
8.3.5. Australia Predictive Maintenance Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By Organization Size
8.3.5.2.3. By Deployment Model
9. Middle East & Africa Predictive Maintenance Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By Organization Size
9.2.3. By Deployment Model
9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Saudi Arabia Predictive Maintenance Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By Organization Size
9.3.1.2.3. By Deployment Model
9.3.2. UAE Predictive Maintenance Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By Organization Size
9.3.2.2.3. By Deployment Model
9.3.3. South Africa Predictive Maintenance Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By Organization Size
9.3.3.2.3. By Deployment Model
10. South America Predictive Maintenance Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By Organization Size
10.2.3. By Deployment Model
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Predictive Maintenance Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By Organization Size
10.3.1.2.3. By Deployment Model
10.3.2. Colombia Predictive Maintenance Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By Organization Size
10.3.2.2.3. By Deployment Model
10.3.3. Argentina Predictive Maintenance Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By Organization Size
10.3.3.2.3. By Deployment Model
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. Global Predictive Maintenance Market: SWOT Analysis
14. Porter's Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Accenture plc
15.1.1. Business Overview
15.1.2. Products & Services
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. SWOT Analysis
15.2. Cisco Systems, Inc.
15.3. General Electric Company
15.4. Honeywell International Inc.
15.5. Hitachi, Ltd.
15.6. IBM Corporation
15.7. Microsoft Corporation
15.8. Robert Bosch GmbH
15.9. SAP SE
15.10. Schneider Electric SE
16. Strategic Recommendations17. About the Publisher & Disclaimer

Companies Mentioned

  • Accenture plc
  • Cisco Systems, Inc.
  • General Electric Company
  • Honeywell International Inc.
  • Hitachi, Ltd.
  • IBM Corporation
  • Microsoft Corporation
  • Robert Bosch GmbH
  • SAP SE
  • Schneider Electric SE

Table Information