Global Predictive Maintenance Market Analysis, 2020

Global Predictive Maintenance Market Analysis, 2020

By Components (Solutions, Services), By Deployment Mode (On-Premise, Cloud), By Organization Size ( Large Enterprise, Small & Medium Enterprise), By Vertical (Government & Defense, Manufacturing, Ener Read more

  • ICT & Electronics
  • Dec 2019
  • 191
  • IT22001

The growing adoption of IoT, artificial intelligence, and machine leading in the major organizations coupled with a surging manufacturing sector across the globe are propelling the growth of the Global Predictive Maintenance market across the globe. Moreover, the rising awareness about the benefits of predictive maintenance such as low operational cost of electrical equipment and machinery and the failure of any downtime are major factors contributing to the growth of the Predictive Maintenance market worldwide.

The on-premise deployment acquired the major market share on in the Global Predictive Maintenance market in 2019.  Moreover, the cloud-based deployment is expected to grow at a robust pace owing to the benefits such as easy maintenance of data, fast data processing, direct IT control, etc. Moreover, the manufacturing segment dominated the major market share due to the considerable usage of heavy machinery and equipment. Moreover, the energy and utility segment is expected to grow at a considerable growth rate in the forecast years. 

Report Coverage Details
Study Period   Historical Data: 2015-19
  Base Year: 2019
  Forecast Period: 2020-25
Regions Covered   North America
  Europe
  Asia-Pacific
  South America
  Middle East & Africa
Unit Denominations   USD Million/Billion

According to MarkNtel Advisors’ research report titled “Global Predictive Maintenance Market Analysis, 2020”, the Global Predictive Maintenance market is anticipated to grow at a CAGR of around 27.20% during 2020-25. In 2019, the North America region dominated the market on an account of the well-established manufacturing industry and the adoption of new technologies such as Industrial Internet of things (IIoT), AI, and ML to keep the data safe and secure, thus contributing to the overall growth of the Predictive Maintenance market.

According to MarkNtel Advisors, the companies with a considerable share in the industry are IBM Corporation, Microsoft Corporation, SAP SE, Software AG, Schneider Electric SE, etc. The companies are launching new products and are forging intra- and intersegmental tie-ups to gain a competitive edge in the industry. For instance, Tomra Care” program was launched by the company Tomra for preventive maintenance for retailers.

Key Questions Answered in the Market Research Report

  1. What are the key overall market statistics or market estimates (Market Size- By Revenue, Forecast Numbers, Market Segmentation, Market Shares) of Global Predictive Maintenance Market?
  2. What are the region-wise industry size, growth drivers and challenges key market trends?
  3. What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Global Predictive Maintenance Market?  
  4. Who are the key competitors or market players and how they perform in Global Predictive Maintenance Market, competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the course of the Global Predictive Maintenance Market study?   

Market Outlook, Segmentation, and Statistics

  • Market Size & Analysis
    • By Revenues (USD Billion)
  • Market Share & Forecast
    • By Components
      • Solutions
      • Integrated
      • Standalone
      • Services
      • Integration & Deployment
      • Advisory & Consulting
      • Support & Maintenance
    • By Deployment Mode
      • On-Premise
      • Cloud
    • By Organization Size
      • Large Enterprise
      • Small & Medium Enterprise
    • By Technique
      • Traditional
      • Advanced
      • IOT/Big Data
      • Machine Learning
    • By Testing Type
      • Vibration Monitoring
      • Electrical Insulation
      • Infrared Thermography
      • Temperature Monitoring
      • Ultrasonic Leak Detector
      • Oil Analysis
    • By Vertical
      • Government & Defence
      • Manufacturing
      • Energy & Utilities
      • Transportation & Logistics
      • Healthcare & Lifesciences
      • Media & Telecom
      • Others (Agriculture, Retail)
    • By Region
      • North America
        • United states
        • Canada
        • Mexico
      • South America
        • Brazil
      • Europe
        • Italy
        • United Kingdom
        • France
        • Spain
        • Germany
        • Russia & CIS
      • Middle East 
        • Saudi Arabia
        • UAE
        • Qatar
        • Africa
        • Turkey
        • South Africa
        • Egypt
      • Asia-Pacific
        • China
        • India
        • Japan
        • Southeast Asia
        • Australia
        • South Korea
    • By Company
      • Revenue Shares
      • Strategic Factorial Indexing
      • Competitor Placement in MarkNtel Quadrant
  • North America Predictive Maintenance Market Analysis, 2015- 2025F (USD Billion)
  • South America Predictive Maintenance Market Analysis, 2015- 2025F (USD Billion)
  • Europe Predictive Maintenance Market Analysis, 2015- 2025F (USD Billion)
  • Asia-Pacific Predictive Maintenance Market Analysis, 2015- 2025F (USD Billion)
  • Middle East Predictive Maintenance Market Analysis, 2015- 2025F (USD Billion)
  • Africa Predictive Maintenance Market Analysis, 2015- 2025F (USD Billion)
  • Global Predictive Maintenance Market Policies, Regulations, Product Standards
  • Global Predictive Maintenance Market Hotspot and Opportunities
  • Global Predictive Maintenance Market Key Strategic Imperatives for Success and Growth
  • Competition Analysis
    • Competition Matrix
    • Company Profile

Frequently Asked Questions

Q. What is the historical year, base year and forecast year considered in the research report Global Predictive Maintenance Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecasted up-to 2025.

Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Billion. 

Q. What would be the growth rate or CAGR Global Predictive Maintenance Market during 2020-25?
A. The market size of the Global Predictive Maintenance Market during 2020-25 is forecast to be around 27.20%. 

Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that North-America will dominate the market with a majority market share, with market size registering considerably higher CAGR.

Q. Who are the key competitors or players operating in Global Predictive Maintenance Market? 
A. IBM Corporation, Microsoft Corporation, SAP SE, Software AG, Schneider Electric SE, General Electric(GE), TIBCO Software, Inc. and few others are the leading players in the Global Predictive Maintenance Market.

Q. Does the report scope cover country-wise market statistics also?
A. Yes, the scope of the report encompasses detailed country statistics such as market size, market segmentation based on various subcategories.

Q. Which Deployment Mode would emerge as an opportunity area for players in Global Predictive Maintenance Market?
A. The On-Premise deployment grabbed the major market share on account of avoiding cyber threats. Whereas, the cloud-based deployment is expected to grow at a robust pace owing to the benefits such as easy maintenance of data, fast data processing, direct I.T control

Q. Which Vertical segment would emerge as an opportunity area for players in Global Predictive Maintenance Market?
A. The manufacturing segment dominated the major market share on account of the usage of heavy machinery and equipment whereas, the energy and utility segment is expected to grow at a considerable growth in the forecast years. 

1.Introduction

1.1.   Research Process

1.2.   Assumption

1.3.   Product Definition

1.4.   Market Segmentation

2.     Executive Summary

3.     Global Predictive Maintenance Market Analysis, 2015-2025F

3.1.   Market Size & Analysis

3.1.1. Market Revenues

3.2.   Market Share & Analysis

3.2.1. By Components

3.2.1.1.  Solutions

3.2.1.1.1.              Integrated

3.2.1.1.2.              Standalone

3.2.1.2.  Services

3.2.1.2.1.              Integration & Deployment

3.2.1.2.2.              Advisory & Consulting

3.2.1.2.3.              Support & Maintenance

3.2.2. By Deployment Mode

3.2.2.1.  On-Premise

3.2.2.2.  Cloud

3.2.3. By Organization Size

3.2.3.1.  Large Enterprise

3.2.3.2.  Small & Medium Enterprise

3.2.4. By Technique

3.2.4.1.  Traditional

3.2.4.2.  Advanced

3.2.4.2.1.              IOT/Big Data

3.2.4.2.2.              Machine Learning

3.2.5. By Testing Type

3.2.5.1.  Vibration Monitoring

3.2.5.2.  Electrical Insulation

3.2.5.3.  Infrared Thermography

3.2.5.4.  Temperature Monitoring

3.2.5.5.  Ultrasonic Leak Detector

3.2.5.6.  Oil Analysis

3.2.6. By Vertical

3.2.6.1.  Government & Defense

3.2.6.2.  Manufacturing

3.2.6.3.  Energy & Utilities

3.2.6.4.  Transportation & Logistics

3.2.6.5.  Healthcare & Lifesciences

3.2.6.6.  Media & Telecom

3.2.6.7.  Others (Agriculture, Retail)

3.2.7. By Region

3.2.7.1.  North America

3.2.7.2.  South America

3.2.7.3.  Europe

3.2.7.4.  Asia-Pacific

3.2.7.5.  Middle East & Africa

3.2.8. By Company

3.2.8.1.  Revenue Shares

3.2.8.2.  Strategic Factorial Indexing

3.2.8.3.  Competitor Placement in MarkNtel Quadrant

4.     North America Predictive Maintenance Market Analysis, 2015- 2025F

4.1.   Market Size & Analysis

4.1.1. Market Revenues

4.2.   Market Share & Analysis

4.2.1. By Components

4.2.2. By Deployment Type

4.2.3. By Organization Size

4.2.4. By Technique

4.2.5. By Testing Type

4.2.6. By Vertical

4.2.7. By Country

4.2.7.1.  US

4.2.7.2.  Mexico

4.2.7.3.  Canada

4.3.   The US Predictive Maintenance Market Analysis, 2015-2025F

4.3.1. Market Size & Analysis

4.3.1.1.  Market Revenues

4.3.2. Market Share & Analysis

4.3.2.1.  By Components

4.3.2.2.  By Deployment Type

4.3.2.3.  By Organization Size

4.3.2.4.  By Technique

4.3.2.5.  By Testing Type

4.3.2.6.  By Vertical

4.3.2.7.  By Region

4.4.   Canada Predictive Maintenance Market Analysis, 2015-2025F

4.4.1. Market Size & Analysis

4.4.1.1.  Market Revenues

4.4.2. Market Share & Analysis

4.4.2.1.  By Components

4.4.2.2.  By Deployment Type

4.4.2.3.  By Organization Size

4.4.2.4.  By Technique

4.4.2.5.  By Testing Type

4.4.2.6.  By Vertical

4.4.2.7.  By Region

4.5.   Mexico Predictive Maintenance Market Analysis, 2015-2025F

4.5.1. Market Size & Analysis

4.5.1.1.  Market Revenues

4.5.2. Market Share & Analysis

4.5.2.1.  By Components

4.5.2.2.  By Deployment Type

4.5.2.3.  By Organization Size

4.5.2.4.  By Technique

4.5.2.5.  By Testing Type

4.5.2.6.  By Vertical

4.5.2.7.  By Region

5.     South America Predictive Maintenance Market Analysis, 2015- 2025F

5.1.   Market Size & Analysis

5.1.1. Market Revenues

5.2.   Market Share & Analysis

5.2.1.1.  By Components

5.2.1.2.  By Deployment Type

5.2.1.3.  By Organization Size

5.2.1.4.  By Technique

5.2.1.5.  By Testing Type

5.2.1.6.  By Vertical

5.2.1.7.  By Country

5.2.1.7.1.  Brazil

5.2.1.7.2.  Others

5.3.   Brazil Predictive Maintenance Market Analysis, 2015-2025F

5.3.1. Market Size & Analysis

5.3.1.1.  Market Revenues

5.3.2. Market Share & Analysis

5.3.2.1.  By Components

5.3.2.2.  By Deployment Type

5.3.2.3.  By Organization Size

5.3.2.4.  By Technique

5.3.2.5.  By Testing Type

5.3.2.6.  By Vertical

5.3.2.7.  By Region

6.     Europe Predictive Maintenance Market Analysis, 2015- 2025F

6.1.   Market Size & Analysis

6.1.1. Market Revenues

6.2.   Market Share & Analysis

6.2.1. By Components

6.2.2. By Deployment Type

6.2.3. By Organization Size

6.2.4. By Technique

6.2.5. By Testing Type

6.2.6. By Vertical

6.2.7. By Country

6.2.7.1.  Germany

6.2.7.2.  France

6.2.7.3.  Italy

6.2.7.4.  U.K

6.2.7.5.  Spain

6.2.7.6.  Russia & CIS

6.3.   Germany Predictive Maintenance Market Analysis, 2015-2025F

6.3.1. Market Size & Analysis

6.3.1.1.  Market Revenues

6.3.2. Market Share & Analysis

6.3.2.1.  By Components

6.3.2.2.  By Deployment Type

6.3.2.3.  By Organization Size

6.3.2.4.  By Technique

6.3.2.5.  By Testing Type

6.3.2.6.  By Vertical

6.3.2.7.  By Region

6.4.   France Predictive Maintenance Market Analysis, 2015-2025F

6.4.1. Market Size & Analysis

6.4.1.1.  Market Revenues

6.4.2. Market Share & Analysis

6.4.2.1.  By Components

6.4.2.2.  By Deployment Type

6.4.2.3.  By Organization Size

6.4.2.4.  By Technique

6.4.2.5.  By Testing Type

6.4.2.6.  By Vertical

6.4.2.7.  By Region

6.5.   Italy Predictive Maintenance Market Analysis, 2015-2025F

6.5.1. Market Size & Analysis

6.5.1.1.  Market Revenues

6.5.2. Market Share & Analysis

6.5.2.1.  By Components

6.5.2.2.  By Deployment Type

6.5.2.3.  By Organization Size

6.5.2.4.  By Technique

6.5.2.5.  By Testing Type

6.5.2.6.  By Vertical

6.5.2.7.  By Region

6.6.   The UK Predictive Maintenance Market Analysis, 2015-2025F

6.6.1. Market Size & Analysis

6.6.1.1.  Market Revenues

6.6.2. Market Share & Analysis

6.6.2.1.  By Components

6.6.2.2.  By Deployment Type

6.6.2.3.  By Organization Size

6.6.2.4.  By Technique

6.6.2.5.  By Testing Type

6.6.2.6.  By Vertical

6.6.2.7.  By Region

6.7.   Spain Predictive Maintenance Market Analysis, 2015-2025F

6.7.1. Market Size & Analysis

6.7.1.1.  Market Revenues

6.7.2. Market Share & Analysis

6.7.2.1.  By Components

6.7.2.2.  By Deployment Type

6.7.2.3.  By Organization Size

6.7.2.4.  By Technique

6.7.2.5.  By Testing Type

6.7.2.6.  By Vertical

6.7.2.7.  By Region

6.8.   Russia & CIS Predictive Maintenance Market Analysis, 2015-2025F

6.8.1. Market Size & Analysis

6.8.1.1.  Market Revenues

6.8.2. Market Share & Analysis

6.8.2.1.  By Components

6.8.2.2.  By Deployment Type

6.8.2.3.  By Organization Size

6.8.2.4.  By Technique

6.8.2.5.  By Testing Type

6.8.2.6.  By Vertical

6.8.2.7.  By Region

7.     Asia-Pacific Predictive Maintenance Market Analysis, 2015- 2025F

7.1.   Market Size & Analysis

7.1.1. Market Revenues

7.2.   Market Share & Analysis

7.2.1. By Components

7.2.2. By Deployment Type

7.2.3. By Organization Size

7.2.3.1.  By Technique

7.2.3.2.  By Testing Type

7.2.4. By Vertical

7.2.5. By Country

7.2.5.1.  China

7.2.5.2.  India

7.2.5.3.  Japan

7.2.5.4.  South Korea

7.2.5.5.  South East Asia

7.3.   China Predictive Maintenance Market Analysis, 2015-2025F

7.3.1. Market Size & Analysis

7.3.1.1.  Market Revenues

7.3.2. Market Share & Analysis

7.3.2.1.  By Components

7.3.2.2.  By Deployment Type

7.3.2.3.  By Organization Size

7.3.2.4.  By Technique

7.3.2.5.  By Testing Type

7.3.2.6.  By Vertical

7.3.2.7.  By Region

7.4.   India Predictive Maintenance Market Analysis, 2015-2025F

7.4.1. Market Size & Analysis

7.4.1.1.  Market Revenues

7.4.2. Market Share & Analysis

7.4.2.1.  By Components

7.4.2.2.  By Deployment Type

7.4.2.3.  By Organization Size

7.4.2.4.  By Technique

7.4.2.5.  By Testing Type

7.4.2.6.  By Vertical

7.4.2.7.  By Region

7.5.   Japan Predictive Maintenance Market Analysis, 2015-2025F

7.5.1. Market Size & Analysis

7.5.1.1.  Market Revenues

7.5.2. Market Share & Analysis

7.5.2.1.  By Components

7.5.2.2.  By Deployment Type

7.5.2.3.  By Organization Size

7.5.2.4.  By Technique

7.5.2.5.  By Testing Type

7.5.2.6.  By Vertical

7.5.2.7.  By Region

7.6.   South Korea Predictive Maintenance Market Analysis, 2015-2025F

7.6.1. Market Size & Analysis

7.6.1.1.  Market Revenues

7.6.2. Market Share & Analysis

7.6.2.1.  By Components

7.6.2.2.  By Deployment Type

7.6.2.3.  By Organization Size

7.6.2.4.  By Technique

7.6.2.5.  By Testing Type

7.6.2.6.  By Vertical

7.6.2.7.  By Region

7.7.   South East Asia Predictive Maintenance Market Analysis, 2015-2025F

7.7.1. Market Size & Analysis

7.7.1.1.  Market Revenues

7.7.2. Market Share & Analysis

7.7.2.1.  By Components

7.7.2.2.  By Deployment Type

7.7.2.3.  By Organization Size

7.7.2.4.  By Technique

7.7.2.5.  By Testing Type

7.7.2.6.  By Vertical

7.7.2.7.  By Region

8.     Middle East Predictive Maintenance Market Analysis, 2015- 2025F

8.1.   Market Size & Analysis

8.1.1. Market Revenues

8.2.   Market Share & Analysis

8.2.1. By Components

8.2.2. By Deployment Type

8.2.3. By Organization Size

8.2.4. By Technique

8.2.5. By Testing Equipment

8.2.6. By Vertical

8.2.7. By Country

8.2.7.1.  Saudi Arabia

8.2.7.2.  UAE

8.2.7.3.  Qatar

8.2.7.4.  Turkey

8.3.   Saudi Arabia Predictive Maintenance Market Analysis, 2015-2025F

8.3.1. Market Size & Analysis

8.3.1.1.  Market Revenues

8.3.2. Market Share & Analysis

8.3.2.1.  By Components

8.3.2.2.  By Deployment Type

8.3.2.3.  By Organization Size

8.3.2.4.  By Technique

8.3.2.5.  By Testing Equipment

8.3.2.6.  By Vertical

8.3.2.7.  By Region

8.4.   UAE Predictive Maintenance Market Analysis, 2015-2025F

8.4.1. Market Size & Analysis

8.4.1.1.  Market Revenues

8.4.2. Market Share & Analysis

8.4.2.1.  By Components

8.4.2.2.  By Deployment Type

8.4.2.3.  By Organization Size

8.4.2.4.  By Technique

8.4.2.5.  By Testing Equipment

8.4.2.6.  By Vertical

8.4.2.7.  By Region

8.5.   Qatar Predictive Maintenance Market Analysis, 2015-2025F

8.5.1. Market Size & Analysis

8.5.1.1.  Market Revenues

8.5.2. Market Share & Analysis

8.5.2.1.  By Components

8.5.2.2.  By Deployment Type

8.5.2.3.  By Organization Size

8.5.2.4.  By Technique

8.5.2.5.  By Testing Equipment

8.5.2.6.  By Vertical

8.5.2.7.  By Region

9.     Africa Predictive Maintenance Market Analysis, 2015- 2025F

9.1.   Market Size & Analysis

9.1.1. Market Revenues

9.2.   Market Share & Analysis

9.2.1.1.     By Components

9.2.1.2.     By Deployment Type

9.2.1.3.     By Organization Size

9.2.1.4.     By Technique

9.2.1.5.     By Testing Equipment

9.2.1.6.     By Vertical

9.2.1.7.     By Country

9.2.1.7.1.    Turkey

9.2.1.7.2.    South Africa

9.2.1.7.3.    Egypt

9.3.   Turkey Predictive Maintenance Market Analysis, 2015-2025F

9.3.1. Market Size & Analysis

9.3.1.1.  Market Revenues

9.3.2. Market Share & Analysis

9.3.2.1.     By Components

9.3.2.2.     By Deployment Type

9.3.2.3.     By Organization Size

9.3.2.4.     By Technique

9.3.2.5.     By Testing Equipment

9.3.2.6.     By Vertical

9.3.2.7.     By Region

9.4.   South Africa Predictive Maintenance Market Analysis, 2015-2025F

9.4.1. Market Size & Analysis

9.4.1.1.  Market Revenues

9.4.2. Market Share & Analysis

9.4.2.1.     By Components

9.4.2.2.     By Deployment Type

9.4.2.3.     By Organization Size

9.4.2.4.     By Technique

9.4.2.5.     By Testing Equipment

9.4.2.6.     By Vertical

9.4.2.7.     By Region

9.5.   Egypt Predictive Maintenance Market Analysis, 2015-2025F

9.5.1. Market Size & Analysis

9.5.1.1.  Market Revenues

9.5.2. Market Share & Analysis

9.5.2.1.     By Components

9.5.2.2.     By Deployment Type

9.5.2.3.     By Organization Size

9.5.2.4.     By Technique

9.5.2.5.     By Testing Equipment

9.5.2.6.     By Vertical

9.5.2.7.  By Region

10.  Global Predictive Maintenance Market Policies, Regulations, Product Standards

11.  Global Predictive Maintenance Market Trends & Insights

12.  Global Predictive Maintenance Market Dynamics

12.1.Growth Drivers

12.2.Challenges

12.3.Impact Analysis

13.  Global Predictive Maintenance Market Hotspot and Opportunities

14.  Global Predictive Maintenance Market Key Strategic Imperatives for Success and Growth

15.  Competition Analysis

15.1.Competition Matrix

15.1.1. Product Portfolio

15.1.2. Brand Specialization

15.1.3. Target Markets

15.1.4. Target End Users

15.1.5. Research & Development

15.1.6. Strategic Alliances

15.1.7. Strategic Initiatives

15.2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)

15.2.1. IBM Corporation

15.2.2. Microsoft Corporation

15.2.3. SAP SE

15.2.4. Software AG

15.2.5. Schneider Electric SE

15.2.6. General Electric (GE)

15.2.7. Hitachi, Ltd.

15.2.8. PTC, Inc.

15.2.9. TIBCO Software, Inc.

15.2.10.  Uptake Technologies, Inc.

16.  Disclaimer

Global Predictive Maintenance Market Segmentation
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