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Plant Asset Management (PAM) Market Share
- Report ID: GMI4756
- Published Date: Jul 2022
- Report Format: PDF
Plant Asset Management Market Share
Some of the key plant asset management market players include :
- ABB Ltd
- AB SKF
- Bentley Systems
- CGI Group, Inc
- Dassault Systèmes
- Emerso
- Endress+Hauser Management AG
- General Electrical
- Hitachi
- Honeywell
- IBM Corporation
- IFS AB, Ing
- Punzenberger COPA-DATA GmbH
- Maxwell Technologies Inc
- Oracle Corporation
- Ramco Systems Ltd
- Rockwell Automation
- SAP SE
- Siemens
- Schneider Electric SA
- Yokogawa Electric Corporation
Companies are emphasizing on various merger & acquisition strategies to gain a competitive advantage in the market.
Frequently Asked Questions (FAQ) :
The market size of plant asset management (PAM) exceeded USD 5 billion in 2021 and is poised to record a CAGR of more than 10% between 2022 and 2030, owing to the increasing need for improving processes across manufacturing and utility plants.
The asset lifecycle management solution segment held over 30% of the PAM industry in Canada in 2021 owing to the higher adoption of technologies like IoT and automation across plants.
In China, the PAM market share from the aerospace & defense end-user segment is slated to grow at a 15% CAGR through 2030 driven by the rising number of investments in advanced technologies.
Production assets management segment dominated with over 60% of the U.K. market share in 2021 with the rising need for increasing the efficiency of production environments.
Some of the leading players in global PAM industry are CGI Group, Inc., General Electrical, Honeywell, Punzenberger COPA-DATA GmbH, IBM Corporation, Bentley Systems, ABB Ltd., and Schneider Electric SA, among many others.
Plant Asset Management Market Scope
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