openPR Logo
Press release

Global Predictive Maintenance Market Overview and Analysis about Manufacturing Cost Structure: Industry Forecast Report

03-24-2017 03:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Global Predictive Maintenance Market Overview and Analysis

Market Highlights

In this rapidly changing environment, demand for transforming maintenance and reducing asset downtime are ever increasing. The increasing dependence on internet of things (IoT) and big data are increasing the focus of organizations to cut the operational costs, which is responsible to drive the predictive maintenance market. The predictive maintenance successfully reduces the operational costs.

A need to prevent the occurrence of breakdowns that lead to unplanned downtime of machinery which can be solved by predictive maintenance drives the predictive maintenance market. Observing the current trend and advancements the study indicates a sudden hike in predictive maintenance market. The predictive maintenance has many benefits as ability to maintain the uptime and good performance of the equipment, provide increased operational life and others which boosts the market. Whereas the higher requirement of skilled labor and lack of trust are restraining the Predictive Maintenance market.

The Predictive Maintenance Market is growing rapidly over 27% of CAGR and is expected to reach at USD 6334 million by the end of forecast period.

Key Players:

• IBM (U.S.),
• SAP SE (Germany),
• Software AG (Germany),
• General Electric (U.S.),
• Robert Bosch (Germany),
• Rockwell Automation (U.S.),
• PTC (U.S.),
• Warwick Analytics (U.K.),
• RapidMiner (U.S.),
• Schneider Electric SE (France),
• eMaint Enterprises, LLC (U.S.)
• SKF (Sweden)

Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/2377

Intended Audience

• Predictive maintenance vendors
• Resellers and distributors
• Technology investors
• System Integrators
• Government Organizations
• Research/Consultancy firms

Market Segmentation:

The Predictive Maintenance market has been segmented on the basis of component, technique, deployment and end-user. Looking through the component segment it’s been observed that Support and Maintenance service segment would dominate the Predictive Maintenance Market where as the system integration service and consulting ducts are expected to show a substantial increase in predictive maintenance market. The study reveals that predictive maintenance market is dominated by manufacturing sector.
However, considering the deployment segment, the cloud based predictive maintenance shows a significant growth and is expected to show a sudden hike by the forecast period.

Recently, it has been observed that many companies are developing new advancements in predictive maintenance software. Senseye, a software company has launched next generation predictive maintenance software which would provide automated condition monitoring along with Remaining Useful Life analysis.

Access Report Details @ https://www.marketresearchfuture.com/reports/predictive-maintenance-market-2377

Market Research Analysis:

Regional analysis for Predictive Maintenance market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region would account for larger share in Predictive Maintenance market. The study indicates that North America region has high technological developments and high adoption of internet of things (IoT) and big data, this has resulted in the growth of predictive maintenance market in North America region.

The study reveals that Asia-Pacific region is expected to have a significant growth in predictive maintenance market by the forecast period. Asia-Pacific countries like China, India and Korea have high investments for improving efficiency of production assets, which has resulted as the primary growth driver for the Asia-Pacific region.

Access the market data and market information presented through more than 25 market data tables and 25 figures spread over 100 numbers of pages of the project report “Predictive Maintenance Market - Forecast to 2022”

List of Figures

FIGURE 1 Research Network Solution
FIGURE 2 Predective Maintenance Market: By Component (%)
FIGURE 3 Predective Maintenance Market: By Technique (%)
FIGURE 4 Predective Maintenance Market: By Deployment (%)

Continued…..

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Predictive Maintenance Market Overview and Analysis about Manufacturing Cost Structure: Industry Forecast Report here

News-ID: 480948 • Views:

More Releases from Market Research Future

Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating and Coastal Activities
Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034). The global small boat industry is witnessing significant growth, driven
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Redefine Vehicle Aesthetics and Functionality
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034). The automotive industry is witnessing a significant transformation in vehicle
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next-Generation Vehicles | Robert Bosch Gmbh, Technoton
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035). With the global automotive industry focused on precision,
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructure Evolve | Market Growth with 15.62% CAGR
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034). Valet parking technology is emerging as a transformative

All 5 Releases


More Releases for Maintenance

Maintenance software Wartungsplaner optimizes your maintenance
Master maintenance management with digital maintenance planner The maintenance planner from Hoppe Unternehmensberatung has been used in the manufacturing industry for many years to keep machines and equipment running smoothly. The wartungsplaner https://www.Wartungsplaner.de/ optimally organizes interlinked processes, from inspection to predictive maintenance to servicing. The recurring maintenance dates need to be controlled and monitored. It is not always easy to keep track of inspection regulations and inspection deadlines. Regardless of whether you are
Predictive Maintenance Market 2031: Proactive Maintenance Advances
Predictive Maintenance Market Market Scope: Global Predictive Maintenance Market size was valued at USD 5.77 Billion in 2022 and is poised to grow from USD 7.57 Billion in 2023 to USD 66.46 Billion by 2031, at a CAGR of 31.2% over the forecast period (2024-2031). Access the full 2024 Predictive Maintenance Market report for a comprehensive understanding @https://www.skyquestt.com/report/predictive-maintenance-market The study of the global Predictive Maintenance Market is presented in the report, which is
Building Maintenance Service Market Massive Growth Opportunity Ahead | Pacific M …
The latest study released on the Global Building Maintenance Service Market by HTF MI Research evaluates market size, trend, and forecast to 2030. The Building Maintenance Service market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the
Maintenance planner - Planning maintenance becomes easy with these tips
Have you had enough of chaotic maintenance schedules and inefficient processes? Then the deluxe maintenance planner https://www.Wartungsplaner.de is just the thing for you! With this tool, you can organize and plan your maintenance work optimally. Find out why efficient organization is so important and the benefits of using the maintenance planner. You will also receive valuable tips for optimal use and effective planning of maintenance work. Why Maintenance Planner? The efficiency and
DOCUFY Maintenance Manager simplifies maintenance
DOCUFY presents a new cornerstone of its software suite in the form of DOCUFY Maintenance Manager (DMM), allowing companies to integrate their information and sustainably boost their success through intelligent knowledge utilisation. Through digital integration of periodic maintenance tasks with machine data, the DOCUFY Maintenance Manager opens the door to forward-looking, resource-optimised maintenance. In practical terms, this means that service representatives can access a display of the precise machine variant
Preventive Maintenance Software Future Prospects Hippo CMMS Software, MAPCON Tec …
Latest release from CMI with title Preventive Maintenance Software research Report 2019-2026 (by Product Type, End-User / Application and Regions / Countries) provides an in-depth assessment of the Preventive Maintenance Software including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and techniques. Global Preventive Maintenance Software Market study with 100+ market data Tables, Pie Chat, Graphs & Figures is now released BY CMI. Global Preventive