Plant Asset Management Market Research Report- Global Forecast to 2022

Plant Asset Management Market Research Report- Global Forecast to 2022

ID: MRFR/ICT/1256-HCRR | July, 2018 | Region: Global | 110 pages | Half-Cooked Research Reports

Global Plant Asset Management Market, by Application (Chemical, Pharmaceutical, Mining, Petrochemical), by Type (Hardware, Software), by Services (Performance management, monitoring & Controlling, Content management) - Forecast 2022


Market Synopsis of Plant Asset Management Market:


Market Scenario:


Plant asset management is the process of optimizing field devices and monitoring information used to integrate with business operations and IT infrastructure. This improves the business operating performance and also reduces maintenance cost and paper work. Major companies such as IBM, Rockwell Automation, and Siemens among others are providing asset management solutions to improve the overall performance of the enterprises.


The major factor that drives the growth of plant asset management market is growing awareness about low cost manufacturing plants, changing consumer needs, rising new business models for enterprise asset management and increasing trends of merging IT and operational technology among others.


Globally the market for plant asset management market is expected to grow at the rate of more than ~10% from 2016 to 2022.


Global Plant asset management Market (2016-2022)

Global Plant asset management Market


Key Players for plant asset management Market:


Some of the major players in Global Plant asset management Market include ABB Ltd. (Switzerland), Emerson electric company (U.S.), Rockwell automation, Inc. (U.S.), Siemens AG (Germany), IBM Corporation (U.S.), Hitachi Ltd. (Japan), Endress +Hauser (Switzerland), Dassault Systemes (France), Honeywell International, Inc. (U.S.), and Plant Asset Management (Petrofac) (UK) among others.


Segments for Plant asset management Market:


Global Plant asset management Market can be segmented as follows:


Segmentation by Type: Hardware, and software.


Segmentation by Services: Performance management, Monitoring & controlling, information management, device configuration, content management among others.


Segmentation by Application: Energy & power, petrochemical, Chemical, mining, food & beverage, and pharmaceutical among others.


[Note: Only Qualitative information will be provides for by Services segment]


Regional Analysis of Plant asset management Market:


North-America is dominating the Plant asset management market with the largest market share due to growing consumer concern to enhance aging plant assets performance and therefore is expected to grow with highest revenue by 2022. Asia-Pacific is expected to be the second largest market for plant asset management followed by Europe region during forecast period.


Target Audience:



  • Design engineering information management

  • Supply chain vendors

  • Research & consultants

  • PAM software solution providers

  • Retailer and distributor

  • Government

Table of Contents



1. Report prologue



2. Introduction



2.1 Definition



2.2 Scope of the study



2.2.1 Research objective



2.2.2 Assumptions



2.2.3 Limitations



2.3 Market structure



3. Research Methodology



3.1 Research process



3.2 Primary research



3.3 Secondary research



3.4 Market size estimation



3.5 Forecast model



4. Market Dynamics



4.1 Drivers



4.2 Restraints



4.3 Opportunities



4.4 Challenges



4.5 Macroeconomic Indicators



5. Market factor analysis



5.1 Value chain analysis/Supply chain analysis



5.2 Porters five forces



5.2.1. Bargaining Power of suppliers



5.2.2. Bargaining Power of Customer



5.2.3. Intensity of Competitor’s



5.2.4. Threat of New Entrants



5.2.5 Threat of Substitutes



6. Global Plant Asset Management Market: By Type



6.1. Introduction



6.2. Market Sub-segments



6.2.1. Hardware



6.2.2. Software



6.2.3. Others



7. Global Plant Asset Management Market, by Services



7.1. Introduction



7.2. Market Sub-segments



7.2.1. Performance management



7.2.2. Monitoring & controlling



7.2.3. Information management



7.2.4. Device configuration



7.2.5. Content management



7.2.6. Others



8. Global Plant Asset Management Market, by Application



8.1. Introduction



8.2. Market Sub-segments



8.2.1. Energy & power



8.2.2. Petrochemical



8.2.3. Chemical



8.2.4. Mining



8.2.5. Food & beverage



8.2.6. Pharmaceutical



8.2.8. Others



9. Global Plant Asset Management Market, by Region



9.1. Introduction



9.1.1. North America



9.1.1.1. U.S.



9.1.1.2. Canada



9.1.2. Europe



9.1.2.1. Germany



9.1.2.2. France



9.1.2.3. UK



9.1.2.4. Italy



9.1.2.5. Spain



9.1.2.6. Rest of Europe



9.1.3. Asia-Pacific



9.1.3.1. Japan



9.1.3.2. China



9.1.3.3. India



9.1.3.4. South Korea



9.1.3.5. Rest of Asia-Pacific



9.1.4. Middle East & Africa



10. Competitive landscape



10.1. Introduction



10.1.1. Mergers & Acquisitions



10.1.2. Collaborations



10.1.3. Releases/New Product launches



10.1.4. Other (Expansion/ Updates/Partnerships)



11. Company profile



11.1 ABB Ltd. (Switzerland)



11.1.1. Company Overview



11.1.2. Product/Business Segment Overview



11.1.3. Financials



11.1.4. Key Developments



11.2 Emerson electric company (U.S.)



11.2.1. Company Overview



11.2.2. Product/Business Segment Overview



11.2.3. Financials



11.2.4. Key Developments



11.3 Rockwell automation, Inc. (U.S.)



11.3.1. Company Overview



11.3.2. Product/Business Segment Overview



11.3.3. Financials



11.3.4. Key Developments



11.4 Siemens AG (Germany)



11.4.1. Company Overview



11.4.2. Product/Business Segment Overview



11.4.3. Financials



11.4.4. Key Developments



11.5 IBM Corporation (U.S.)



11.5.1. Company Overview



11.5.2. Product/Business Segment Overview



11.5.3. Financials



11.5.4. Key Developments



11.6 Hitachi Ltd. (Japan)



11.6.1. Company Overview



11.6.2. Product/Business Segment Overview



11.6.3. Financials



11.6.4. Key Developments



11.7 Endress +Hauser (Switzerland)



11.7.1. Company Overview



11.7.2. Product/Business Segment Overview



11.7.3. Financials



11.7.4. Key Developments



11.8 Dassault Systemes (France)



11.8.1. Company Overview



11.8.2. Product/Business Segment Overview



11.8.3. Financials



11.8.4. Key Developments



11.9 Honeywell International, Inc. (U.S.)



11.9.1. Company Overview



11.9.2. Product/Business Segment Overview



11.9.3. Financials



11.9.4. Key Developments



11.10 Plant Asset Management (Petrofac) (UK)



11.10.1. Company Overview



11.10.2. Product/Business Segment Overview



11.10.3. Financials



11.10.4. Key Developments



12. MRFR Conclusion



13. Appendix



List of Tables



TABLE 1 GLOBAL PLANT ASSET MANAGEMENT MARKET (USD BILLION)

TABLE 2 GLOBAL PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 3 GLOBAL HARDWARE MARKETS, BY REGION

TABLE 4 GLOBAL SOFTWARE MARKET, BY REGION

TABLE 5 GLOBAL PLANT ASSET MANAGEMENT MARKET, BY APPLICATION

TABLE 6 GLOBAL ENERGY & POWER MARKET, BY REGION

TABLE 7 GLOBAL PETROCHEMICAL MARKET, BY REGION

TABLE 8 GLOBAL CHEMICAL MARKET, BY REGION

TABLE 9 GLOBAL MINING MARKET, BY REGION

TABLE 10 GLOBAL FOOD & BEVERAGE MARKET, BY REGION

TABLE 11 GLOBAL PHARMACEUTICAL MARKET, BY REGION

TABLE 12 GLOBAL OTHER APPLICATION MARKET, BY REGION

TABLE 13 GLOBAL PLANT ASSET MANAGEMENT MARKET, BY REGION

TABLE 14 NORTH AMERICA PLANT ASSET MANAGEMENT MARKET, BY COUNTRY

TABLE 15 NORTH AMERICA PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 16 NORTH AMERICA PLANT ASSET MANAGEMENT MARKET, BY APPLICATION

TABLE 17 U.S. PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 18 U.S. PLANT ASSET MANAGEMENT MARKET, BY APPLICATION

TABLE 19 CANADA PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 20 CANADA PLANT ASSET MANAGEMENT MARKET, BY APPLICATION

TABLE 21 EUROPE PLANT ASSET MANAGEMENT MARKET, BY COUNTRY

TABLE 22 EUROPE PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 23 EUROPE PLANT ASSET MANAGEMENT MARKET, BY APPLICATION

TABLE 24 GERMANY PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 25 GERMANY PLANT ASSET MANAGEMENT MARKET, BY APPLICATION

TABLE 26 FRANCE PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 27 FRANCE PLANT ASSET MANAGEMENT MARKET, BY APPLICATION

TABLE 28 U.K. PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 29 U.K. PLANT ASSET MANAGEMENT MARKET, BY APPLICATION

TABLE 30 REST OF EUROPE PLANT ASSET MANAGEMENT MARKET, BY COUNTRY

TABLE 31 REST OF EUROPE PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 32 REST OF EUROPE PLANT ASSET MANAGEMENT MARKET, BY APPLICATION

TABLE 33 ASIA-PACIFIC PLANT ASSET MANAGEMENT MARKET, BY COUNTRY

TABLE 34 ASIA-PACIFIC PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 35 ASIA-PACIFIC PLANT ASSET MANAGEMENTMARKET, BY APPLICATION

TABLE 36 MIDDLE EAST & AFRICA PLANT ASSET MANAGEMENT MARKET, BY COUNTRY

TABLE 37 MIDDLE EAST & AFRICA PLANT ASSET MANAGEMENT MARKET, BY TYPE

TABLE 38 MIDDLE EAST & AFRICA PLANT ASSET MANAGEMENT MARKET, BY APPLICATION



List of Figures



FIGURE 1 RESEARCH PROCESS



FIGURE 2 DRIVERS OF GLOBAL PLANT ASSET MANAGEMENT MARKET



FIGURE 3 GLOBAL PLANT ASSET MANAGEMENT MARKET: BY TYPE (%)



FIGURE 4 GLOBAL PLANT ASSET MANAGEMENT MARKET: BY APPLICATION (%)



FIGURE 5 GLOBAL PLANT ASSET MANAGEMENT MARKET SHARE BY REGION (2016 & 2022) (%)



FIGURE 6 NORTH AMERICA PLANT ASSET MANAGEMENT MARKET, BY TYPE (%)



FIGURE 7 NORTH AMERICA PLANT ASSET MANAGEMENT MARKET, BY APPLICATION (%)



FIGURE 8 NORTH AMERICA PLANT ASSET MANAGEMENT MARKET SHARE BY COUNTRY (2016 & 2022) (%)



FIGURE 9 EUROPE PLANT ASSET MANAGEMENT MARKET, BY TYPE (%)



FIGURE 10 EUROPE PLANT ASSET MANAGEMENT MARKET, BY APPLICATION (%)



FIGURE 11 EUROPE PLANT ASSET MANAGEMENT MARKET SHARE BY COUNTRY (2016 & 2022) (%)



FIGURE 12 ASIA-PACIFIC PLANT ASSET MANAGEMENT MARKET, BY TYPE (%)



FIGURE 13 ASIA-PACIFIC PLANT ASSET MANAGEMENT MARKET, BY APPLICATION (%)



FIGURE 14 ASIA-PACIFIC PLANT ASSET MANAGEMENT MARKET SHARE BY COUNTRY (2016 & 2022) (%)



FIGURE 15 ROW PLANT ASSET MANAGEMENT MARKET, BY TYPE (USD BILLION)



FIGURE 16 ROW PLANT ASSET MANAGEMENT MARKET SHARE BY COUNTRY (2016 & 2022) (%)