Europe Predictive Maintenance Market - Industry Trends and Forecast to 2027

Europe Predictive Maintenance Market - Industry Trends and Forecast to 2027

Short Description

Europe Predictive Maintenance Market, By Components (Solution, Services), Deployment Mode (Cloud, On-Premise), Organisation Size (Large Enterprises, Small & Medium-Sized Enterprises), Vertical (Manufacturing, Energy and Utilities, Transportation, Government, Healthcare, Aerospace & Defense, Others), Country (Germany, France, U.K., Italy, Spain, Russia, Turkey, Netherlands, Belgium, Switzerland and Rest of Europe) Industry Trends and Forecast to 2027

Market Definition

Predictive maintenance is a technique that uses condition-monitoring software and techniques to track equipment output during normal service in order to identify and correct potential faults before they resulted in failure. Ideally, predictive maintenance enables the maintenance frequency to be as minimal as possible to avoid unplanned reactive maintenance, while incurring costs associated with too much proactive maintenance. Predictive maintenance utilizes condition-monitoring equipment to assess the efficiency of the asset in real time. The internet of things (IoT) is a key element of this method. Internet of things (IoT) relies on predictive maintenance sensors to track, make sense of and classify areas that need care.

Market Segmentation

The predictive maintenance market is segmented on the basis of components, deployment mode, organisation size and vertical.
• On the basis of components, the predictive maintenance market is segmented into solution and services
• On the basis of deployment mode, the predictive maintenance market is segmented into cloud and on-premise
• On the basis of organization size, the predictive maintenance market is segmented into large enterprises and small and medium-sized enterprises
• On the basis of vertical, the predictive maintenance market is segmented into manufacturing, energy and utilities, transportation, government, healthcare, aerospace & defense and others

Market Players

The major players operating in the Europe predictive maintenance market are:

• IBM Corporation
• SAP SE
• Microsoft
• PTC
• Siemens
• GENERAL ELECTRIC
• Schneider Electric
• Software AG
• C3.ai, Inc.
• DINGO Software Pty. Ltd.
• Splunk Inc.
• Oracle
• Amazon Web Services, Inc. (a subsidiary of Amazon)
• Hitachi, Ltd.
• ABB
• Huawei Technologies Co., Ltd.
• Intel Corporation
• SKF


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1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Europe Predictive Maintenance Market
1.4 Limitations
1.5 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Multivariate Modelling
2.7 Components Lifeline Curve
2.8 Primary Interviews With Key Opinion Leaders
2.9 Dbmr Market Position Grid
2.10 Vendor Share Analysis
2.11 Secondary Sources
2.12 Assumptions
3 Executive Summary
4 Premium Insights
5 Covid-19impact On Predictive Maintenance Market
5.1 Aftermath Of Covid-19 And Government Initiative To Boost The Market
5.2 Strategic Decisions For Manufacturers After Covid-19 To Gain Competitive Market Share
5.3 Impact On Demand
5.4 Impact On Supply Chain
5.5 Conclusion
6 Market Overview
6.1 Drivers
6.1.1 Increasing Concern Towards Improvement Of Uptime Of Equipment And Maintenance Cost Reduction
6.1.2 Rising Demand Of Predictive Maintenance In Various Verticals
6.1.3 Increasing Use Of Emerging Technologies To Gain Valuable Insights
6.1.4 Rising Demand Of Sensors Among Industries
6.2 Restraints
6.2.1 Lack Of Skilled Workers
6.2.2 Low Level Of Awareness Among Enterprises
6.2.3 Trust Issues With Predictive Maintenance Technology
6.3 Opportunities
6.3.1 Real-time Monitoring Condition To Assist In Taking Prompt Actions
6.3.2 Covid-19 Pandemic Raising The Need For Remote Control And Management Of Properties And Business Processes
6.3.3 Rising Technological Innovation
6.4 Challenges
6.4.1 Concern Over Data Security And Privacy Issues
6.4.2 Developing Functional Predictive Maintenance Solutions Applicable To Manufacturing
6.4.3 Continous Upgradation And Maintenance Required For System
6.4.4 High Cost Involved In Setting Up The Machinery And Equipment
7 Europe Predictive Maintenance Market, By Component
7.1 Overview
7.2 Solutions
7.2.1 Integrated
7.2.2 Stand-alone
7.3 Services
7.3.1 Training & Consulting
7.3.2 Implementation
7.3.3 Support & Maintenance
8 Europe Predictive Maintenance Market, By Deployment Mode
8.1 Overview
8.1.1 On-premise
8.1.2 Cloud
9 Europe Predictive Maintenance Market, By Organisation Size
9.1 Overview
9.1.1 Large Organisation
9.1.2 Small & Medium Organisation
10 Europe Predictive Maintenance Market, By Verticals
10.1 Overview
10.1.1 Manufacturing
10.1.2 Energy & Utilities
10.1.3 Government
10.1.4 Healthcare
10.1.5 Transport
10.1.6 Aerospace & Defense
10.1.7 Others
11 Europe Predictive Maintenance Market, By Geography
11.1 Europe
11.1.1 Germany
11.1.2 U.K.
11.1.3 France
11.1.4 Russia
11.1.5 Italy
11.1.6 Spain
11.1.7 Netherlands
11.1.8 Switzerland
11.1.9 Belgium
11.1.10 Turkey
11.1.11 Rest Of Europe
12 Europe Predictive Maintenance Market: Company Landscape
12.1 Company Share Analysis: Europe
13 Swot Analysis
14 Company Profile
14.1 Ibm Corporation
14.1.1 Company Snapshot
14.1.2 Revenue Analysis
14.1.3 Company Share Analysis
14.1.4 Product Portfolio
14.1.5 Recent Developments
14.2 Sap Se
14.2.1 Company Snapshot
14.2.2 Revenue Analysis
14.2.3 Company Share Analysis
14.2.4 Product Portfolio
14.2.5 Recent Developments
14.3 Siemens
14.3.1 Company Snapshot
14.3.2 Revenue Analysis
14.3.3 Company Share Analysis
14.3.4 Product Portfolio
14.3.5 Recent Developments
14.4 Microsoft
14.4.1 Company Snapshot
14.4.2 Revenue Analysis
14.4.3 Company Share Analysis
14.4.4 Product Portfolio
14.4.5 Recent Development
14.5 General Electric
14.5.1 Company Snapshot
14.5.2 Revenue Analysis
14.5.3 Company Share Analysis
14.5.4 Product Portfolio
14.5.5 Recent Developments
14.6 Abb
14.6.1 Company Snapshot
14.6.2 Revenue Analysis
14.6.3 Product Portfolio
14.6.4 Recent Developments
14.7 Amazon Web Services, Inc. (A Subsidiary Of Amazon)
14.7.1 Company Snapshot
14.7.2 Revenue Analysis
14.7.3 Product Portfolio
14.7.4 Recent Developments
14.8 C3.Ai, Inc.
14.8.1 Company Snapshot
14.8.2 Product Portfolio
14.8.3 Recent Developments
14.9 Dingo Software Pty. Ltd
14.9.1 Company Snapshot
14.9.2 Product Portfolio
14.9.3 Recent Development
14.10 Hitachi, Ltd.
14.10.1 Company Snapshot
14.10.2 Revenue Analysis
14.10.3 Product Portfolio
14.10.4 Recent Development
14.11 Huawei Technologies Co., Ltd.
14.11.1 Company Snapshot
14.11.2 Revenue Analysis
14.11.3 Product Portfolio
14.11.4 Recent Development
14.12 Intel Corporation
14.12.1 Company Snapshot
14.12.2 Revenue Analysis
14.12.3 Product Portfolio
14.12.4 Recent Development
14.13 Oracle
14.13.1 Company Snapshot
14.13.2 Revenue Analysis
14.13.3 Product Portfolio
14.13.4 Recent Development
14.14 Ptc
14.14.1 Company Snapshot
14.14.2 Revenue Analysis
14.14.3 Product Portfolio
14.14.4 Recent Developments
14.15 Schneider Electric
14.15.1 Company Snapshot
14.15.2 Revenue Analysis
14.15.3 Product Portfolio
14.15.4 Recent Developments
14.16 Skf
14.16.1 Company Snapshot
14.16.2 Revenue Analysis
14.16.3 Product Portfolio
14.16.4 Recent Developments
14.17 Software Ag
14.17.1 Company Snapshot
14.17.2 Revenue Analysis
14.17.3 Product Portfolio
14.17.4 Recent Developments
14.18 Softweb Solutions Inc. (An Avnet Company)
14.18.1 Company Snapshot
14.18.2 Revenue Analysis
14.18.3 Product Portfolio
14.18.4 Recent Developments
14.19 Splunk Inc.
14.19.1 Company Snapshot
14.19.2 Revenue Analysis
14.19.3 Product Portfolio
14.19.4 Recent Developments
14.20 Uptake Technologies Inc
14.20.1 Company Snapshot
14.20.2 Product Portfolio
14.20.3 Recent Developments
15 Questionnaire
16 Related Reports
List Of Tables
Table 1 Europe Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 2 Europe Solution In Predictive Maintenancemarket, By Region,2018-2027 (Usd Million)
Table 3 Europe Services In Predictive Maintenance Market, By Region,2018-2027, (Usd Million)
Table 4 Europe Predictive Maintenance Market, By Deployment Mode, 2018-2027 (Usd Million)
Table 5 Europe On-premise In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 6 Europe Cloud In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 7 Europe Predictive Maintenance Market, By Organisation Size, 2018-2027 (Usd Million)
Table 8 Europe Large Organisation In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 9 Europe Small & Mediumorganisation In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 10 Europe Predictive Maintenance Market, By Vertical, 2018-2027 (Usd Million)
Table 11 Europe Manufacturing In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 12 Europe Energy & Utilities In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 13 Europe Government In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 14 Europe Healthcare In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 15 Europe Transport In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 16 Europe Aerospace &Defense In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 17 Europe Others In Predictive Maintenance Market, By Region, 2018-2027, (Usd Million)
Table 18 Europe Predictive Maintenance Market , By Country, 2018-2027 (Usd Million)
Table 19 Europe Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 20 Europe Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 21 Europe Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 22 Europe Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 23 Europe Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 24 Europe Predictive Maintenance Market, By Vertical , 2018-2027 (Usd Million)
Table 25 Germany Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 26 Germany Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 27 Germany Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 28 Germany Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 29 Germany Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 30 Germany Predictive Maintenance Market, By Vertical , 2018-2027 (Usd Million)
Table 31 U.K. Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 32 U.K. Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 33 U.K. Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 34 U.K. Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 35 U.K. Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 36 U.K. Predictive Maintenance Market, By Vertical , 2018-2027 (Usd Million)
Table 37 France Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 38 France Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 39 France Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 40 France Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 41 France Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 42 France Predictive Maintenance Market, By Vertical , 2018-2027 (Usd Million)
Table 43 Russia Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 44 Russia Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 45 Russia Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 46 Russia Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 47 Russia Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 48 Russia Predictive Maintenance Market, By Vertical , 2018-2027 (Usd Million)
Table 49 Italy Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 50 Italy Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 51 Italy Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 52 Italy Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 53 Italy Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 54 Italy Predictive Maintenance Market, By Vertical, 2018-2027 (Usd Million)
Table 55 Spain Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 56 Spain Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 57 Spain Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 58 Spain Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 59 Spain Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 60 Spain Predictive Maintenance Market, By Vertical , 2018-2027 (Usd Million)
Table 61 Netherlands Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 62 Netherlands Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 63 Netherlands Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 64 Netherlands Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 65 Netherlands Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 66 Netherlands Predictive Maintenance Market, By Vertical , 2018-2027 (Usd Million)
Table 67 Switzerland Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 68 Switzerland Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 69 Switzerland Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 70 Switzerland Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 71 Switzerland Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 72 Switzerland Predictive Maintenance Market, By Vertical , 2018-2027 (Usd Million)
Table 73 Belgium Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 74 Belgium Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 75 Belgium Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 76 Belgium Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 77 Belgium Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 78 Belgium Predictive Maintenance Market, By Vertical , 2018-2027 (Usd Million)
Table 79 Turkey Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
Table 80 Turkey Solutions In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 81 Turkey Services In Predictive Maintenance Market, By Type, 2018-2027 (Usd Million)
Table 82 Turkey Predictive Maintenance Market, By Deployment Mode , 2018-2027 (Usd Million)
Table 83 Turkey Predictive Maintenance Market, By Organization Size , 2018-2027 (Usd Million)
Table 84 Turkey Predictive Maintenance Market, By Vertical , 2018-2027 (Usd Million)
Table 85 Rest Of Europe Predictive Maintenance Market, By Component, 2018-2027 (Usd Million)
List Of Figures
Figure 1 Europe Predictive Maintenance Market: Segmentation
Figure 2 Europe Predictive Maintenance Market: Data Triangulation
Figure 3 Europe Predictive Maintenance Market: Droc Analysis
Figure 4 Europe Predictive Maintenance Market: Europe Vs Regional Market Analysis
Figure 5 Europe Predictive Maintenance Market: Company Research Analysis
Figure 6 Europe Predictive Maintenance Market: Interview Demographics
Figure 7 Europe Predictive Maintenance Market: Dbmr Market Position Grid
Figure 8 Europe Predictive Maintenance Market: Vendor Share Analysis
Figure 9 Europe Predictive Maintenance Market: Segmentation
Figure 10 Rising Demand Of Predictive Maintenance In Various Verticals Is Expected To Drive The Europe Predictive Maintenance Market In The Forecast Period Of 2020 To 2027
Figure 11 Solution Segment Is Expected To Account For The Largest Share Of The Europe Predictive Maintenance Market In 2020 & 2027
Figure 12 Drivers, Restraints, Opportunities And Challenges Of Europe Predictive Maintenance Market
Figure 13 Europe Predictive Maintenance Market: By Component, 2019
Figure 14 Europe Predictive Maintenance Market: By Deployment Mode, 2019
Figure 15 Europe Predictive Maintenance Market: By Organisation Size, 2019
Figure 16 Europe Predictive Maintenance Market: By Vertical, 2019
Figure 17 Europe Predictive Maintenance Market : Snapshot (2019)
Figure 18 Europe Predictive Maintenance Market : By Country (2019)
Figure 19 Europe Predictive Maintenance Market : By Country (2020 & 2027)
Figure 20 Europe Predictive Maintenance Market : By Country (2019 & 2027)
Figure 21 Europe Predictive Maintenance Market : By Component(2020-2027)
Figure 22 Europe Predictive Maintenance Market: Company Share 2019 (%)

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