PREDICTIVE MAINTENANCE MARKET ANALYSIS

Predictive Maintenance Market, by Component (Solution & Services), by Deployment (On-premise and Cloud), by Application (Asset Maintenance, Operations Maintenance, and Health & Performance Optimization), by End-use Industry (Oil & Gas, Aerospace & Defense, Automotive, Power Generation, Hospitals/Clinics/Diagnostic Laboratories, Biotechnology/Pharmaceutical Manufacturers, Medical Device Manufacturers, and Shipping), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

Predictive maintenance techniques are aimed to help users in determining the condition of in-service equipment to evaluate accurate time for maintenance. The adoption of predictive maintenance is mainly driven by cost-effective results achieved by their use. Predictive maintenance allows convenient scheduling of corrective maintenance, which prevents equipment failure.

Market Drivers: Benefits of Predictive Maintenance in Automotive Industry

Automation and predictive maintenance finds application in automotive industry. Implementation of predictive maintenance aids in production process and after sale maintenance. Several automobile companies are implementing predictive maintenance in post-sale maintenance to offer better and cost effective service to the customers. For examples, Nissan’s Predictive Forward Collision Warning feature, which analyses the speed and distance to the vehicle travelling ahead of the Nissan vehicle as well as that of the next preceding vehicle, by utilizing sensors.

An automobile contains large number of sensors that collect data about speed, emissions, fuel consumption, usage data for resources, security, and about car and engine parts. All the collected data can be utilized to find patterns and resolve quality issues either before time or prevent issues from arising. This reduces cost of quality management and increases customer satisfaction. Therefore, increasing industrial automation that includes data acquisition and processing is expected to boost growth of the market.

Key features of the study:

This report provides in-depth analysis of predictive maintenance market size (US$ Mn), and compound annual growth rate (CAGR %) for the forecast period (2018– 2026), considering 2017 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global predictive maintenance market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, strategies, and future plans
Companies covered as part of this study include, Amiral Technologies, Embitel, General Electric, Honeywell International, Inc., IBM Corporation, Microsoft Corporation, Rockwell Automation, Inc., Senseye Ltd., Softweb Solutions, Inc., Warwick Analytics, SAP SE, Robert Bosch GmbH, Software AG, and Siemens AG
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global predictive maintenance market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global predictive maintenance market

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Detailed Segmentation:

Global Predictive Maintenance Market, By Component:

Solution

Smart Maintenance
Predictive Analytics

Services

System Integration
Maintenance & Support
Consulting Services

Global Predictive Maintenance Market, By Deployment:

Cloud
On-premise

Global Predictive Maintenance Market, By Application:

Asset Maintenance
Operation Maintenance
Health & Performance Maintenance

Global Predictive Maintenance Market, By End-use Industry:

Oil & Gas

Upstream

Asset Maintenance
Exploration Production & Drilling Optimization

Midstream

Transportation & Storage Optimization

Downstream

Demand & Trade Optimization

Manufacturing
Aerospace & Defense
Automotive
Power Generation
Hospitals, Clinics, & Diagnostic Laboratories
Biotechnology & Pharmaceutical Manufacturers
Others

Global Predictive Maintenance Market, By Region:

North America

By Component:

Solution

Smart Maintenance
Predictive Analytics

Services

System Integration
Maintenance & Support
Consulting Services

By Deployment:

Cloud
On-premise

By Application:

Asset Maintenance
Operation Maintenance
Health & Performance Maintenance

By End-use Industry:

Oil & Gas
Manufacturing
Aerospace & Defense
Automotive
Power Generation
Hospitals, Clinics, & Diagnostic Laboratories
Biotechnology & Pharmaceutical Manufacturers
Others

By Country:

U.S.
Canada

Europe

By Component:

Solution

Smart Maintenance
Predictive Analytics

Services

System Integration
Maintenance & Support
Consulting Services

By Deployment:

Cloud
On-premise

By Application:

Asset Maintenance
Operation Maintenance
Health & Performance Maintenance

By End-use Industry:

Oil & Gas
Manufacturing
Aerospace & Defense
Automotive
Power Generation
Hospitals, Clinics, & Diagnostic Laboratories
Biotechnology & Pharmaceutical Manufacturers
Others

By Country:

Germany
Italy
France
UK
Rest of Europe

Asia Pacific

By Component:

Solution

Smart Maintenance
Predictive Analytics

Services

System Integration
Maintenance & Support
Consulting Services

By Deployment:

Cloud
On-premise

By Application:

Asset Maintenance
Operation Maintenance
Health & Performance Maintenance

By End-use Industry:

Oil & Gas
Manufacturing
Aerospace & Defense
Automotive
Power Generation
Hospitals, Clinics, & Diagnostic Laboratories
Biotechnology & Pharmaceutical Manufacturers
Others

By Country:

China
India
Japan
Australia & New Zealand
Rest of Asia Pacific

Latin America

By Component:

Solution

Smart Maintenance
Predictive Analytics

Services

System Integration
Maintenance & Support
Consulting Services

By Deployment:

Cloud
On-premise

By Application:

Asset Maintenance
Operation Maintenance
Health & Performance Maintenance

By End-use Industry:

Oil & Gas
Manufacturing
Aerospace & Defense
Automotive
Power Generation
Hospitals, Clinics, & Diagnostic Laboratories
Biotechnology & Pharmaceutical Manufacturers
Others

By Country:

Brazil
Mexico
Argentina
Rest of Latin America

Middle East & Africa

By Component:

Solution

Smart Maintenance
Predictive Analytics

Services

System Integration
Maintenance & Support
Consulting Services

By Deployment:

Cloud
On-premise

By Application:

Asset Maintenance
Operation Maintenance
Health & Performance Maintenance

By End-use Industry:

Oil & Gas
Manufacturing
Aerospace & Defense
Automotive
Power Generation
Hospitals, Clinics, & Diagnostic Laboratories
Biotechnology & Pharmaceutical Manufacturers
Others

By Sub-Region:

GCC Country
South Africa
Rest of the Middle East & Africa

Company Profiles-

Amiral Technologies

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

Embitel

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

General Electric

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

Honeywell International, Inc.

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

IBM Corporation

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

Microsoft Corporation

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

Rockwell Automation, Inc.

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

Senseye Ltd.

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

Softweb Solutions, Inc.

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

Warwick Analytics

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

SAP SE

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

Robert Bosch GmbH

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

Software AG

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

Siemens AG

Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence

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