A PAM system manages and monitors the fixed assets of a company, which are used in the production process. PAM gives better control over the production process and enhances the efficiency and productivity of an organization. It also generates real-time data of assets, which enables officials to take an informed decision. The real-time data generated by a PAM system can also be used to identify signs of failure, ensuring that plant productivity is not hit due to machine downtime. The production asset segment is expected to dominate the global plant asset management market during the forecast period. It is important to maintain the health of assets, especially production assets which are continuously used. The low performance of these assets hampers the production process. This leads to high adoption of plant asset management solutions to improve the efficiency and performance. However, the market for the automation asset segment is expected to grow at the highest CAGR between 2018 and 2023 owing to the increasing adoption of automation for performing complex manufacturing processes and reducing human errors in process and discrete industries around the world. In 2018, the global Plant Asset Management (PAM) market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025. This report focuses on the global Plant Asset Management (PAM) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Plant Asset Management (PAM) development in United States, Europe and China. The key players covered in this study ABB Emerson Honeywell Rockwell Automation Siemens Applied Material Dassault Systemes Endress+Hauser GE Digital Hitachi IBM IFS Petrofac SAP Market segment by Type, the product can be split into Production Assets Automation Assets Market segment by Application, split into Oil & Gas Energy & Power Food & Beverages Chemical Metals & Mining Pharmaceutical & Biotech Automotive Semiconductor & Electronics Medical Device Market segment by Regions/Countries, this report covers United States Europe China Japan Southeast Asia India Central & South America The study objectives of this report are: To analyze global Plant Asset Management (PAM) status, future forecast, growth opportunity, key market and key players. To present the Plant Asset Management (PAM) development in United States, Europe and China. To strategically profile the key players and comprehensively analyze their development plan and strategies. To define, describe and forecast the market by product type, market and key regions. In this study, the years considered to estimate the market size of Plant Asset Management (PAM) are as follows: History Year: 2014-2018 Base Year: 2018 Estimated Year: 2019 Forecast Year 2019 to 2025 For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered 1.4 Market Analysis by Type 1.4.1 Global Plant Asset Management (PAM) Market Size Growth Rate by Type (2014-2025) 1.4.2 Production Assets 1.4.3 Automation Assets 1.5 Market by Application 1.5.1 Global Plant Asset Management (PAM) Market Sha
