Predictive Maintenance Market Forecast to 2028

Report Code : TIPRE00007686 | Region : Global | Industry : Technology, Media and Telecommunications | Published Date : 22/Aug/2022
Predictive Maintenance Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Solutions and Services), Deployment Type (Cloud and On-Premise), Technique (Vibration Monitoring, Electrical Testing, Oil Analysis, Ultrasonic Leak Detectors, Shock Pulse, Infrared and Others), and Industry (Manufacturing, Energy & Utilities, Aerospace & Defense, Transportation & Logistics, Oil & Gas, and Others)

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.

The List of Companies - Predictive Maintenance Market

1. General Electric Company

2. Hitachi, Ltd.

3. IBM Corporation

4. Microsoft Corporation

5. PTC Inc.

6. SAS Institute, Inc.

7. Schneider Electric SE

8. Software AG

9. Syncron AB

10. TOSL Engineering Limited

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners 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 Insight Partners

15.2 Word Index

LIST OF TABLES.

Table 1. Predictive Maintenance Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. Predictive Maintenance Market – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America Predictive Maintenance Market, Revenue and Forecast To 2028 – By Component (US$ Million)

Table 4. North America Predictive Maintenance Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Million)

Table 5. North America Predictive Maintenance Market, Revenue and Forecast To 2028 – By Technique (US$ Million)

Table 6. North America Predictive Maintenance Market, Revenue and Forecast To 2028 – By Industry (US$ Million)

Table 7. North America Predictive Maintenance Market, Revenue and Forecast To 2028 – By Country (US$ Million)

Table 8. US Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 9. US Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 10. US Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 11. US Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 12. Canada Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 13. Canada Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 14. Canada Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 15. Canada Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 16. Mexico Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 17. Mexico Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 18. Mexico Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 19. Mexico Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 20. Europe Predictive Maintenance Market, Revenue and Forecast To 2028 – By Component (US$ Million)

Table 21. Europe Predictive Maintenance Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Million)

Table 22. Europe Predictive Maintenance Market, Revenue and Forecast To 2028 – By Technique (US$ Million)

Table 23. Europe Predictive Maintenance Market, Revenue and Forecast To 2028 – By Industry (US$ Million)

Table 24. Europe Predictive Maintenance Market, Revenue and Forecast To 2028 – By Country (US$ Million)

Table 25. Germany Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 26. Germany Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 27. Germany Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 28. Germany Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 29. France Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 30. France Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 31. France Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 32. France Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 33. Italy Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 34. Italy Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 35. Italy Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 36. Italy Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 37. UK Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 38. UK Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 39. UK Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 40. UK Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 41. Russia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 42. Russia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 43. Russia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 44. Russia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 45. Rest of Europe Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 46. Rest of Europe Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 47. Rest of Europe Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 48. Rest of Europe Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 49. APAC Predictive Maintenance Market, Revenue and Forecast To 2028 – By Component (US$ Million)

Table 50. APAC Predictive Maintenance Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Million)

Table 51. APAC Predictive Maintenance Market, Revenue and Forecast To 2028 – By Technique (US$ Million)

Table 52. APAC Predictive Maintenance Market, Revenue and Forecast To 2028 – By Industry (US$ Million)

Table 53. APAC Predictive Maintenance Market, Revenue and Forecast To 2028 – By Country (US$ Million)

Table 54. Australia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 55. Australia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 56. Australia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 57. Australia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 58. China Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 59. China Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 60. China Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 61. China Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 62. India Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 63. India Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 64. India Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 65. India Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 66. Japan Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 67. Japan Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 68. Japan Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 69. Japan Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 70. South Korea Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 71. South Korea Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 72. South Korea Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 73. South Korea Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 74. Rest of APAC Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 75. Rest of APAC Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 76. Rest of APAC Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 77. Rest of APAC Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 78. MEA Predictive Maintenance Market, Revenue and Forecast To 2028 – By Component (US$ Million)

Table 79. MEA Predictive Maintenance Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Million)

Table 80. MEA Predictive Maintenance Market, Revenue and Forecast To 2028 – By Technique (US$ Million)

Table 81. MEA Predictive Maintenance Market, Revenue and Forecast To 2028 – By Industry (US$ Million)

Table 82. MEA Predictive Maintenance Market, Revenue and Forecast to 2028 – By Country (US$ Million)

Table 83. South Africa Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 84. South Africa Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 85. South Africa Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 86. South Africa Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 87. Saudi Arabia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 88. Saudi Arabia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 89. Saudi Arabia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 90. Saudi Arabia Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 91. UAE Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 92. UAE Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 93. UAE Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 94. UAE Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 95. Rest of MEA Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 96. Rest of MEA Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 97. Rest of MEA Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 98. Rest of MEA Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 99. SAM Predictive Maintenance Market, Revenue and Forecast To 2028 – By Component (US$ Million)

Table 100. SAM Predictive Maintenance Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Million)

Table 101. SAM Predictive Maintenance Market, Revenue and Forecast To 2028 – By Technique (US$ Million)

Table 102. SAM Predictive Maintenance Market, Revenue and Forecast To 2028 – By Industry (US$ Million)

Table 103. SAM Predictive Maintenance Market, Revenue and Forecast To 2028 – By Country (US$ Million)

Table 104. Brazil Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 105. Brazil Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 106. Brazil Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 107. Brazil Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 108. Argentina Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 109. Argentina Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 110. Argentina Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 111. Argentina Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 112. Rest of SAM Predictive Maintenance Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 113. Rest of SAM Predictive Maintenance Market, Revenue and Forecast to 2028 – By Deployment Type (US$ Million)

Table 114. Rest of SAM Predictive Maintenance Market, Revenue and Forecast to 2028 – By Technique (US$ Million)

Table 115. Rest of SAM Predictive Maintenance Market, Revenue and Forecast to 2028 – By Industry (US$ Million)

Table 116. List of Abbreviation

The List of Companies - Predictive Maintenance Market

1. General Electric Company

2. Hitachi, Ltd.

3. IBM Corporation

4. Microsoft Corporation

5. PTC Inc.

6. SAS Institute, Inc.

7. Schneider Electric SE

8. Software AG

9. Syncron AB

10. TOSL Engineering Limited

Reason To Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the predictive maintenance market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the predictive maintenance market, thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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