Predictive maintenance (PdM) techniques are designed to help determine the condition of in-service equipment in order to predict when maintenance should be performed. This approach promises cost savings over routine or time-based preventive maintenance, because tasks are performed only when warranted. North America is expected to have the largest market share and would dominate the predictive maintenance market during the forecast period. The Asia-Pacific (APAC) region offers potential growth opportunities for the market and is expected to grow at the highest CAGR during the forecast period. APAC and Middle East & Africa (MEA) markets are investing heavily on predictive maintenance solutions and services to increase their production efficiency by reducing unplanned downtime and operational costs. Market Analysis and Insights: Global Predictive Maintenance Market The global Predictive Maintenance market size is projected to reach US$ 7080.9 million by 2027, from US$ 2383.1 million in 2020, at a CAGR of 16.3% during 2021-2027. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Predictive Maintenance market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Predictive Maintenance market in terms of revenue. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Predictive Maintenance market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Predictive Maintenance market. Global Predictive Maintenance Scope and Market Size Predictive Maintenance market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Predictive Maintenance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type Cloud On-premises Segment by Application Government Aerospace and Defense Energy and Utilities Healthcare Manufacturing Transportation and Logistics Others By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA By Company Augury Systems Bosch Software Innovations C3 IoT Dell Fluke General Electric Hitachi Honeywell IBM PTC Rapidminer Rockwell SAP SAS Institute Schneider Senseye Software Softweb Solutions T-Systems International Warwick Analytics
1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Predictive Maintenance Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Cloud 1.2.3 On-premises 1.3 Market by Application 1.3.1 Global Predictive Maintenance Market Share by Application: 2016 VS 2021 VS 2027 1.3.2 Government 1.3.3 Aerospace and Defense
