Plant Asset Management Market Size, Share, and Trends 2024 to 2034

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.

  • Last Updated : November 2024
  • Report Code : 5197
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

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

Chapter 5. COVID-19 Impact on Plant Asset Management Market 

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

Chapter 7. Competitive Landscape

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

Chapter 8. Global Plant Asset Management Market, By Component

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)

Chapter 9. Global Plant Asset Management Market, By Deployment

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)

Chapter 10. Global Plant Asset Management Market, By Asset Type 

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)

Chapter 11. Global Plant Asset Management Market, By End-user 

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)

Chapter 12. Global Plant Asset Management Market, Regional Estimates and Trend Forecast

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)

Chapter 13. Company Profiles

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

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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