Press release
Global Plant Asset Management (PAM) System Market Become Dominant At CAGR Of 5.15% By 2021
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.
Technavios analysts forecast the global plant asset management (PAM) system market to grow at a CAGR of 5.15% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global plant asset management (PAM) system market for 2017-2021. To calculate the market size, the report considers the revenue of top vendors in the market along with Technavio data source is used.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Plant Asset Management (PAM) System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
Emerson
Honeywell
Rockwell Automation
Siemens
Other prominent vendors
Applied Material
Dassault Systmes
Endress+Hauser
GE Digital
Hitachi
IBM
IFS
Petrofac
SAP
Schneider Electric
Yokogawa
Market driver
Incorporation of 3D modeling in real time asset management
For a full, detailed list, view our report
Market challenge
Threat of substitutes
For a full, detailed list, view our report
Market trend
Use of prescriptive analytics for analysis
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-user
Market overview
Global PAM system market: Power industry
Global PAM system market: Oil and gas industry
Global PAM system market: Refinery industry
Global PAM system market: Petrochemical industry
Global PAM system market: Pulp and paper industry
Global PAM system market: Chemical industry
Global PAM system market: Mining and metal industry
Global PAM system market: Others
PART 07: Geographical segmentation
Market overview
PAM system market in Americas
PAM system market in EMEA
PAM system market in APAC
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Use of prescriptive analytics for analysis
Convergence of IT and OT
Use of digital twin by companies
PART 11: Vendor landscape
Competitive scenario
Other prominent vendors
PART 12: Key vendor analysis
ABB
Emerson
Honeywell
Rockwell Automation
Siemens
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