by The global asset performance management market size accounted for US$ 18.7 billion in 2021 and is projected to reach around USD 49.2 billion by 2030, growing at a CAGR of 11.35% from 2022 to 2030.
Increased data management, budget management and insight lack has driven the asset management with improved performance and expansion of market rate during the forecast period are driving the growth of the asset performance management market.
Asset Performance Management Market Key Takeaways:
- By deployment mode, the hosted systems segment has generated market share of about 35% in 2021.
- By category, the asset reliability management segment has contributed 31% market share in 2021. However, the predictive asset management segment is growing at the remarkable CAGR of 12.6%.
- By enterprise size, the large enterprise segment has hit 60% market share in 2021.
- By vertical, the energy & utilities segment accounted 20% market share in 2021. However, the government and public sector is poised to grow at a notable CAGR from 2022 to 2030.
- The North America region has made up 35% revenue share in 2021.
- The Asia Pacific region is expanding at a strongest CAGR from 2022 to 2030.
Report Summary
The global asset performance management market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the asset performance management market across the globe.
A comprehensive estimate on the asset performance management market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of asset performance management during the forecast period. Price point comparison by region with global average price is also considered in the study.
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized asset performance management market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
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Asset Performance Management Market Players
The report includes the profiles of key asset performance management market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are:
- Emerson
- Gray matter
- Plasma
- Honeywell
- Yokogawa
- Intelligent Process Solution
- Rockwell automation
- Operational sustainability
- BisTel
- Nexus global
- Infor
- Oracle
- Siemens energy
- SAS
- DNV
- Uptake
- ABB
- ARMS Reliability
- Detection technologies
- IBM
- SAP
- GE Digital
- Bentley Systems
- Aspen Tech
- AVEVA
Market Segmentation
By Component
- Solutions
- Asset strategy management
- Asset reliability management
- Predictive asset management
- Others (Asset integrity management and condition monitoring)
- Services
- Managed services
- Professional services
By Deployment Type
- On-premises
- Hosted
- Public Cloud
- Private Cloud
By Enterprises Size
- Small and medium sized enterprises
- Large enterprises
By Vertical
- Foods and Beverages
- Energy and Utilities
- Consumer Goods
- Telecommunications
- Healthcare and Pharmaceuticals
- Chemicals
- Government and Defense
- Manufacturing
- Others
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Asset Performance Management Market
5.1. COVID-19 Landscape: Asset Performance Management Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Asset Performance Management Market, By Component
8.1. Asset Performance Management Market, by Component, 2022-2030
8.1.1. Solutions
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Services
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Asset Performance Management Market, By Deployment Type
9.1. Asset Performance Management Market, by Deployment Type, 2022-2030
9.1.1. On-premises
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Hosted
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Asset Performance Management Market, By Enterprises Size
10.1. Asset Performance Management Market, by Enterprises Size, 2022-2030
10.1.1. Small and medium sized enterprises
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Large enterprises
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Asset Performance Management Market, By Vertical
11.1. Asset Performance Management Market, by Vertical, 2022-2030
11.1.1. Foods and Beverages
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Energy and Utilities
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Consumer Goods
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Telecommunications
11.1.4.1. Market Revenue and Forecast (2017-2030)
11.1.5. Healthcare and Pharmaceuticals
11.1.5.1. Market Revenue and Forecast (2017-2030)
11.1.6. Chemicals
11.1.6.1. Market Revenue and Forecast (2017-2030)
11.1.7. Government and Defense
11.1.7.1. Market Revenue and Forecast (2017-2030)
11.1.8. Manufacturing
11.1.8.1. Market Revenue and Forecast (2017-2030)
11.1.9. Others
11.1.9.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Asset Performance Management Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Component (2017-2030)
12.1.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.1.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.1.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Component (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Component (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Component (2017-2030)
12.2.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.2.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.2.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Component (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Component (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Component (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Component (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Component (2017-2030)
12.3.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.3.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.3.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Component (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Component (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Component (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Component (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Component (2017-2030)
12.4.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.4.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.4.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Component (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Component (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Component (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Component (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Component (2017-2030)
12.5.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.5.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.5.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Component (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Vertical (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Component (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Deployment Type (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Enterprises Size (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Vertical (2017-2030)
Chapter 13. Company Profiles
13.1. Emerson
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Gray matter
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Plasma
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Honeywell
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Yokogawa
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Intelligent Process Solution
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Rockwell automation
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Rockwell automation
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. BisTel
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Nexus global
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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