The global Predictive Maintenance market was valued at US$ 2452.1 million in 2022 and is projected to reach US$ 6764.2 million by 2029, at a CAGR of 15.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Predictive Maintenance market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Predictive Maintenance market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Predictive Maintenance market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Predictive maintenance (PdM) techniques are designed to help determine the condition of in-service equipment in order to predict when maintenance should be performed. This approach promises cost savings over routine or time-based preventive maintenance, because tasks are performed only when warranted.
This report aims to provide a comprehensive presentation of the global market for Predictive Maintenance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Predictive Maintenance. This report contains market size and forecasts of Predictive Maintenance in global, including the following market information:
- Global Predictive Maintenance Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global top five companies in 2022 (%)
North America is expected to have the largest market share and would dominate the predictive maintenance market during the forecast period. The Asia-Pacific (APAC) region offers potential growth opportunities for the market and is expected to grow at the highest CAGR during the forecast period. APAC and Middle East & Africa (MEA) markets are investing heavily on predictive maintenance solutions and services to increase their production efficiency by reducing unplanned downtime and operational costs.
We surveyed the Predictive Maintenance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Predictive Maintenance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Predictive Maintenance Market Segment Percentages, by Type, 2022 (%)
Global Predictive Maintenance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Predictive Maintenance Market Segment Percentages, by Application, 2022 (%)
- Government
- Aerospace and Defense
- Energy and Utilities
- Healthcare
- Manufacturing
- Transportation and Logistics
- Others
Global Predictive Maintenance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Predictive Maintenance Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Predictive Maintenance revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Predictive Maintenance revenues share in global market, 2022 (%)
key players include:
- Augury Systems
- Bosch Software Innovations
- C3 IoT
- Dell
- Fluke
- General Electric
- Hitachi
- Honeywell
- IBM
- PTC
- Rapidminer
- Rockwell
- SAP
- SAS Institute
- Schneider
- Senseye
- Software
- Softweb Solutions
- T-Systems International
- Warwick Analytics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Predictive Maintenance, market overview.
Chapter 2: Global Predictive Maintenance market size in revenue.
Chapter 3: Detailed analysis of Predictive Maintenance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Predictive Maintenance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
