Asset Performance Management Market by Component, Module, Deployment Type, Organization Size, Vertical

Description

List of Tables

[189 Pages Report] The Asset Performance Management Market size was estimated at USD 5.27 billion in 2023 and expected to reach USD 5.86 billion in 2024, at a CAGR 11.53% to reach USD 11.33 billion by 2030.

Global Asset Performance Management Market

KEY MARKET STATISTICS
Base Year [2023]	USD 5.27 billion
Estimated Year [2024]	USD 5.86 billion
Forecast Year [2030]	USD 11.33 billion
CAGR (%)	11.53%

Asset Performance Management Market - IMG1

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Asset Performance Management Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Asset Performance Management Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Asset Performance Management Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Aspen Technology, Inc., BISTel Inc., DNV GL, Emerson Electric Co., GrayMatter Software Services Pvt Ltd, Honeywell International Inc., International Business Machines Corporation, IPS Intelligent Process Solutions GmbH, Nexus Global Business Solutions, Inc., Oracle Corporation, Rockwell Automation, Inc., SAP SE, Schneider Electric SE, Siemens Energy AG, and Yokogawa Electric Corporation.

Market Segmentation & Coverage

This research report categorizes the Asset Performance Management Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Hardware
- Services
  - Managed Services
  - Professional Services
- Solutions
  - Asset Integrity Management
  - Asset Reliability Management
  - Asset Strategy Management
  - Condition Monitoring
  - Predictive Asset Management
Module
- Asset Health
- Asset Reliability
- Asset Strategy
Deployment Type
- Cloud
- On-premises
Organization Size
- Large Enterprises
- SMEs
Vertical
- Chemicals
- Consumer Goods
- Energy & Utilities
- Foods & Beverages
- Government & Defense
- Healthcare & Pharmaceuticals
- Manufacturing
- Telecommunications
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Asset Performance Management Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Asset Performance Management Market?

3. What are the technology trends and regulatory frameworks in the Asset Performance Management Market?

4. What is the market share of the leading vendors in the Asset Performance Management Market?

5. Which modes and strategic moves are suitable for entering the Asset Performance Management Market?

Product Code: MRR-501246435D29

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Asset Performance Management Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Ongoing digital transformation among industrial companies
  - 5.1.1.2. Competitive production goals that require improved uptime
  - 5.1.1.3. Rising importance garnered by Environment, Health & Safety (EHS) risk management
- 5.1.2. Restraints
  - 5.1.2.1. Time and cost requirements of asset performance management strategy implementation
- 5.1.3. Opportunities
  - 5.1.3.1. Development of advanced analytics and industrial internet of things (IIoT) technologies in proactive asset performance management
  - 5.1.3.2. Incorporation of artificial intelligence (AI), predictive analytics, and machine learning technologies in asset performance management system
- 5.1.4. Challenges
  - 5.1.4.1. Data security and privacy threats that persists in asset performance management systems
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Asset Performance Management Market, by Component

6.1. Introduction
6.2. Hardware
6.3. Services
- 6.4.1. Managed Services
- 6.4.2. Professional Services
6.4. Solutions
- 6.5.1. Asset Integrity Management
- 6.5.2. Asset Reliability Management
- 6.5.3. Asset Strategy Management
- 6.5.4. Condition Monitoring
- 6.5.5. Predictive Asset Management

7. Asset Performance Management Market, by Module

7.1. Introduction
7.2. Asset Health
7.3. Asset Reliability
7.4. Asset Strategy

8. Asset Performance Management Market, by Deployment Type

8.1. Introduction
8.2. Cloud
8.3. On-premises

9. Asset Performance Management Market, by Organization Size

9.1. Introduction
9.2. Large Enterprises
9.3. SMEs

10. Asset Performance Management Market, by Vertical

10.1. Introduction
10.2. Chemicals
10.3. Consumer Goods
10.4. Energy & Utilities
10.5. Foods & Beverages
10.6. Government & Defense
10.7. Healthcare & Pharmaceuticals
10.8. Manufacturing
10.9. Telecommunications

11. Americas Asset Performance Management Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Asset Performance Management Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Asset Performance Management Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player

15. Competitive Portfolio

15.1. Key Company Profiles
- 15.1.1. ABB Ltd.
- 15.1.2. Aspen Technology, Inc.
- 15.1.3. BISTel Inc.
- 15.1.4. DNV GL
- 15.1.5. Emerson Electric Co.
- 15.1.6. GrayMatter Software Services Pvt Ltd
- 15.1.7. Honeywell International Inc.
- 15.1.8. International Business Machines Corporation
- 15.1.9. IPS Intelligent Process Solutions GmbH
- 15.1.10. Nexus Global Business Solutions, Inc.
- 15.1.11. Oracle Corporation
- 15.1.12. Rockwell Automation, Inc.
- 15.1.13. SAP SE
- 15.1.14. Schneider Electric SE
- 15.1.15. Siemens Energy AG
- 15.1.16. Yokogawa Electric Corporation
15.2. Key Product Portfolio

16. Appendix

16.1. Discussion Guide
16.2. License & Pricing