The global plant asset management market size accounted for USD 7.99 billion in 2024, grew to USD 9.22 billion in 2025 and is projected to surpass around USD 33.48 billion by 2034, representing a healthy CAGR of 15.41% between 2024 and 2034. The North America plant asset management market size is calculated at USD 2.96 billion in 2024 and is expected to grow at a fastest CAGR of 15.41% during the forecast year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Plant Asset Management Industry Impact
5.2. COVID-19 Impact Assessment for the Industry
5.3. COVID-19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Plant Asset Management Market, by Component, 2024-2034
8.1.1. Solution
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Services
8.1.2.1. Market Revenue and Forecast (2021-2034)
9.1. Plant Asset Management Market, by Deployment, 2024-2034
9.1.1. Cloud
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. On-Premises
9.1.2.1. Market Revenue and Forecast (2021-2034)
10.1. Plant Asset Management Market, by Asset Type, 2024-2034
10.1.1. Production Assets
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Automation Assets
10.1.2.1. Market Revenue and Forecast (2021-2034)
11.1. Plant Asset Management Market, by End-user, 2024-2034
11.1.1. Energy and Power
11.1.1.1. Market Revenue and Forecast (2021-2034)
12.1. North America
12.1.1. Market Revenue and Forecast, by Component (2021-2034)
12.1.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.1.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.1.4. Market Revenue and Forecast, by End-user (2021-2034)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Component (2021-2034)
12.1.5.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.1.5.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.1.5.4. Market Revenue and Forecast, by End-user (2021-2034)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Component (2021-2034)
12.1.6.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.1.6.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.1.6.4. Market Revenue and Forecast, by End-user (2021-2034)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Component (2021-2034)
12.2.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.2.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.2.4. Market Revenue and Forecast, by End-user (2021-2034)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Component (2021-2034)
12.2.5.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.2.5.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.2.5.4. Market Revenue and Forecast, by End-user (2021-2034)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Component (2021-2034)
12.2.6.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.2.6.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.2.6.4. Market Revenue and Forecast, by End-user (2021-2034)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Component (2021-2034)
12.2.7.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.2.7.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.2.7.4. Market Revenue and Forecast, by End-user (2021-2034)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Component (2021-2034)
12.2.8.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.2.8.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.2.8.4. Market Revenue and Forecast, by End-user (2021-2034)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Component (2021-2034)
12.3.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.3.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.3.4. Market Revenue and Forecast, by End-user (2021-2034)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Component (2021-2034)
12.3.5.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.3.5.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.3.5.4. Market Revenue and Forecast, by End-user (2021-2034)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Component (2021-2034)
12.3.6.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.3.6.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.3.6.4. Market Revenue and Forecast, by End-user (2021-2034)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Component (2021-2034)
12.3.7.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.3.7.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.3.7.4. Market Revenue and Forecast, by End-user (2021-2034)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Component (2021-2034)
12.3.8.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.3.8.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.3.8.4. Market Revenue and Forecast, by End-user (2021-2034)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Component (2021-2034)
12.4.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.4.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.4.4. Market Revenue and Forecast, by End-user (2021-2034)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Component (2021-2034)
12.4.5.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.4.5.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.4.5.4. Market Revenue and Forecast, by End-user (2021-2034)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Component (2021-2034)
12.4.6.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.4.6.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.4.6.4. Market Revenue and Forecast, by End-user (2021-2034)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Component (2021-2034)
12.4.7.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.4.7.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.4.7.4. Market Revenue and Forecast, by End-user (2021-2034)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Component (2021-2034)
12.4.8.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.4.8.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.4.8.4. Market Revenue and Forecast, by End-user (2021-2034)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Component (2021-2034)
12.5.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.5.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.5.4. Market Revenue and Forecast, by End-user (2021-2034)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Component (2021-2034)
12.5.5.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.5.5.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.5.5.4. Market Revenue and Forecast, by End-user (2021-2034)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Component (2021-2034)
12.5.6.2. Market Revenue and Forecast, by Deployment (2021-2034)
12.5.6.3. Market Revenue and Forecast, by Asset Type (2021-2034)
12.5.6.4. Market Revenue and Forecast, by End-user (2021-2034)
13.1. Siemens AG, ABB Ltd.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Schneider Electric
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Honeywell International Inc.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Emerson Electric Co.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Rockwell Automation, Inc.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. General Electric (GE)
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. IBM Corporation
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Bentley Systems, Inc.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Yokogawa Electric Corporation
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
15.1. About Us
15.2. Glossary of Terms
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