
Europe Predictive Maintenance Market Size, Share & Industry Analysis Report By Component (Hardware and Software (Integrated and Standalone)), By Deployment, By Enterprise Size, Based on Technology, By End-use, By Application, By Country and Growth Forecas
Description
The Europe Predictive Maintenance Market would witness market growth of 28.6% CAGR during the forecast period (2025-2032).
The Germany market dominated the Europe Predictive Maintenance Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $6,151.5 million by 2032. The UK market is exhibiting a CAGR of 27.4% during (2025 - 2032). Additionally, The France market would experience a CAGR of 29.5% during (2025 - 2032).
Predictive maintenance is widely used in various industries to improve operational efficiency and reduce maintenance costs. Predictive maintenance is essential in manufacturing plants to monitor machinery, prevent unexpected failures, and enhance production efficiency. Real-time data from industrial IoT sensors helps detect anomalies and schedule maintenance before breakdowns occur.
The power generation and distribution sector utilizes predictive maintenance to prevent outages and enhance the reliability of electrical grids, turbines, and substations. AI-driven analytics improve fault detection, ensuring an uninterrupted power supply. Aircraft maintenance is crucial for safety and operational efficiency. Predictive maintenance helps detect early signs of engine wear, hydraulic system issues, and other critical components, reducing flight delays and accidents.
Predictive maintenance is becoming a fundamental technology in the advanced manufacturing sector, helping businesses reduce equipment downtime, optimize production efficiency, and lower maintenance costs. The significant rise in advanced manufacturing firms across the EU, from 1,900 in 2009 to 4,500 in 2023, has created a strong demand for predictive maintenance solutions. With Germany, Spain, France, and Italy collectively hosting 60% of all EU advanced manufacturing firms, these nations are driving the integration of AI, IoT, and machine learning-based predictive maintenance technologies to enhance operational reliability.
Based on Component, the market is segmented into Hardware and Software (Integrated and Standalone). Based on Deployment, the market is segmented into On-premises and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Technology, the market is segmented into IoT, Artificial Intelligence & Machine Learning, Advanced Analytics, Digital Twin, and Other Technology. Based on End-use, the market is segmented into Manufacturing, Energy & Utilities, Logistics & Transportation, IT & Telecom, Military & Defense, and Other End-use. Based on Application, the market is segmented into Condition Monitoring, Predictive Analytics, Remote Monitoring, Asset Tracking, and Maintenance Scheduling. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
By Component
Standalone
By Deployment
The Germany market dominated the Europe Predictive Maintenance Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $6,151.5 million by 2032. The UK market is exhibiting a CAGR of 27.4% during (2025 - 2032). Additionally, The France market would experience a CAGR of 29.5% during (2025 - 2032).
Predictive maintenance is widely used in various industries to improve operational efficiency and reduce maintenance costs. Predictive maintenance is essential in manufacturing plants to monitor machinery, prevent unexpected failures, and enhance production efficiency. Real-time data from industrial IoT sensors helps detect anomalies and schedule maintenance before breakdowns occur.
The power generation and distribution sector utilizes predictive maintenance to prevent outages and enhance the reliability of electrical grids, turbines, and substations. AI-driven analytics improve fault detection, ensuring an uninterrupted power supply. Aircraft maintenance is crucial for safety and operational efficiency. Predictive maintenance helps detect early signs of engine wear, hydraulic system issues, and other critical components, reducing flight delays and accidents.
Predictive maintenance is becoming a fundamental technology in the advanced manufacturing sector, helping businesses reduce equipment downtime, optimize production efficiency, and lower maintenance costs. The significant rise in advanced manufacturing firms across the EU, from 1,900 in 2009 to 4,500 in 2023, has created a strong demand for predictive maintenance solutions. With Germany, Spain, France, and Italy collectively hosting 60% of all EU advanced manufacturing firms, these nations are driving the integration of AI, IoT, and machine learning-based predictive maintenance technologies to enhance operational reliability.
Based on Component, the market is segmented into Hardware and Software (Integrated and Standalone). Based on Deployment, the market is segmented into On-premises and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Technology, the market is segmented into IoT, Artificial Intelligence & Machine Learning, Advanced Analytics, Digital Twin, and Other Technology. Based on End-use, the market is segmented into Manufacturing, Energy & Utilities, Logistics & Transportation, IT & Telecom, Military & Defense, and Other End-use. Based on Application, the market is segmented into Condition Monitoring, Predictive Analytics, Remote Monitoring, Asset Tracking, and Maintenance Scheduling. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- IBM Corporation
- Microsoft Corporation
- Honeywell International, Inc.
- Siemens AG
- GE Vernova Group
- SAP SE
- PTC Inc.
- Schneider Electric SE
- ABB Ltd.
- Rockwell Automation, Inc.
By Component
- Hardware
- Software
Standalone
By Deployment
- On-premises
- Cloud
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
- IoT
- Artificial Intelligence & Machine Learning
- Advanced Analytics
- Digital Twin
- Other Technology
- Manufacturing
- Energy & Utilities
- Logistics & Transportation
- IT & Telecom
- Military & Defense
- Other End-use
- Condition Monitoring
- Predictive Analytics
- Remote Monitoring
- Asset Tracking
- Maintenance Scheduling
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
181 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Predictive Maintenance Market, by Component
- 1.4.2 Europe Predictive Maintenance Market, by Deployment
- 1.4.3 Europe Predictive Maintenance Market, by Enterprise Size
- 1.4.4 Europe Predictive Maintenance Market, by Technology
- 1.4.5 Europe Predictive Maintenance Market, by End-use
- 1.4.6 Europe Predictive Maintenance Market, by Application
- 1.4.7 Europe Predictive Maintenance Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2024
- 4.2 Strategies Deployed in Predictive Maintenance Market
- 4.3 Porter Five Forces Analysis
- Chapter 5. Europe Predictive Maintenance Market by Component
- 5.1 Europe Hardware Market by Country
- 5.2 Europe Software Market by Country
- 5.3 Europe Predictive Maintenance Market by Software Type
- 5.3.1 Europe Integrated Market by Country
- 5.3.2 Europe Standalone Market by Country
- Chapter 6. Europe Predictive Maintenance Market by Deployment
- 6.1 Europe On-premises Market by Country
- 6.2 Europe Cloud Market by Country
- Chapter 7. Europe Predictive Maintenance Market by Enterprise Size
- 7.1 Europe Large Enterprises Market by Country
- 7.2 Europe Small & Medium-sized Enterprises (SMEs) Market by Country
- Chapter 8. Europe Predictive Maintenance Market by Technology
- 8.1 Europe IoT Market by Country
- 8.2 Europe Artificial Intelligence & Machine Learning Market by Country
- 8.3 Europe Advanced Analytics Market by Country
- 8.4 Europe Digital Twin Market by Country
- 8.5 Europe Other Technology Market by Country
- Chapter 9. Europe Predictive Maintenance Market by End-use
- 9.1 Europe Manufacturing Market by Country
- 9.2 Europe Energy & Utilities Market by Country
- 9.3 Europe Logistics & Transportation Market by Country
- 9.4 Europe IT & Telecom Market by Country
- 9.5 Europe Military & Defense Market by Country
- 9.6 Europe Other End-use Market by Country
- Chapter 10. Europe Predictive Maintenance Market by Application
- 10.1 Europe Condition Monitoring Market by Country
- 10.2 Europe Predictive Analytics Market by Country
- 10.3 Europe Remote Monitoring Market by Country
- 10.4 Europe Asset Tracking Market by Country
- 10.5 Europe Maintenance Scheduling Market by Country
- Chapter 11. Europe Predictive Maintenance Market by Country
- 11.1 Germany Predictive Maintenance Market
- 11.1.1 Germany Predictive Maintenance Market by Component
- 11.1.1.1 Germany Predictive Maintenance Market by Software Type
- 11.1.2 Germany Predictive Maintenance Market by Deployment
- 11.1.3 Germany Predictive Maintenance Market by Enterprise Size
- 11.1.4 Germany Predictive Maintenance Market by Technology
- 11.1.5 Germany Predictive Maintenance Market by End-use
- 11.1.6 Germany Predictive Maintenance Market by Application
- 11.2 UK Predictive Maintenance Market
- 11.2.1 UK Predictive Maintenance Market by Component
- 11.2.1.1 UK Predictive Maintenance Market by Software Type
- 11.2.2 UK Predictive Maintenance Market by Deployment
- 11.2.3 UK Predictive Maintenance Market by Enterprise Size
- 11.2.4 UK Predictive Maintenance Market by Technology
- 11.2.5 UK Predictive Maintenance Market by End-use
- 11.2.6 UK Predictive Maintenance Market by Application
- 11.3 France Predictive Maintenance Market
- 11.3.1 France Predictive Maintenance Market by Component
- 11.3.1.1 France Predictive Maintenance Market by Software Type
- 11.3.2 France Predictive Maintenance Market by Deployment
- 11.3.3 France Predictive Maintenance Market by Enterprise Size
- 11.3.4 France Predictive Maintenance Market by Technology
- 11.3.5 France Predictive Maintenance Market by End-use
- 11.3.6 France Predictive Maintenance Market by Application
- 11.4 Russia Predictive Maintenance Market
- 11.4.1 Russia Predictive Maintenance Market by Component
- 11.4.1.1 Russia Predictive Maintenance Market by Software Type
- 11.4.2 Russia Predictive Maintenance Market by Deployment
- 11.4.3 Russia Predictive Maintenance Market by Enterprise Size
- 11.4.4 Russia Predictive Maintenance Market by Technology
- 11.4.5 Russia Predictive Maintenance Market by End-use
- 11.4.6 Russia Predictive Maintenance Market by Application
- 11.5 Spain Predictive Maintenance Market
- 11.5.1 Spain Predictive Maintenance Market by Component
- 11.5.1.1 Spain Predictive Maintenance Market by Software Type
- 11.5.2 Spain Predictive Maintenance Market by Deployment
- 11.5.3 Spain Predictive Maintenance Market by Enterprise Size
- 11.5.4 Spain Predictive Maintenance Market by Technology
- 11.5.5 Spain Predictive Maintenance Market by End-use
- 11.5.6 Spain Predictive Maintenance Market by Application
- 11.6 Italy Predictive Maintenance Market
- 11.6.1 Italy Predictive Maintenance Market by Component
- 11.6.1.1 Italy Predictive Maintenance Market by Software Type
- 11.6.2 Italy Predictive Maintenance Market by Deployment
- 11.6.3 Italy Predictive Maintenance Market by Enterprise Size
- 11.6.4 Italy Predictive Maintenance Market by Technology
- 11.6.5 Italy Predictive Maintenance Market by End-use
- 11.6.6 Italy Predictive Maintenance Market by Application
- 11.7 Rest of Europe Predictive Maintenance Market
- 11.7.1 Rest of Europe Predictive Maintenance Market by Component
- 11.7.1.1 Rest of Europe Predictive Maintenance Market by Software Type
- 11.7.2 Rest of Europe Predictive Maintenance Market by Deployment
- 11.7.3 Rest of Europe Predictive Maintenance Market by Enterprise Size
- 11.7.4 Rest of Europe Predictive Maintenance Market by Technology
- 11.7.5 Rest of Europe Predictive Maintenance Market by End-use
- 11.7.6 Rest of Europe Predictive Maintenance Market by Application
- Chapter 12. Company Profiles
- 12.1 IBM Corporation
- 12.1.1 Company Overview
- 12.1.2 Financial Analysis
- 12.1.3 Regional & Segmental Analysis
- 12.1.4 Research & Development Expenses
- 12.1.5 Recent strategies and developments:
- 12.1.5.1 Product Launches and Product Expansions:
- 12.1.5.2 Acquisition and Mergers:
- 12.1.6 SWOT Analysis
- 12.2 Microsoft Corporation
- 12.2.1 Company Overview
- 12.2.2 Financial Analysis
- 12.2.3 Segmental and Regional Analysis
- 12.2.4 Research & Development Expenses
- 12.2.5 Recent strategies and developments:
- 12.2.5.1 Partnerships, Collaborations, and Agreements:
- 12.2.6 SWOT Analysis
- 12.3 Honeywell International, Inc.
- 12.3.1 Company Overview
- 12.3.2 Financial Analysis
- 12.3.3 Segmental and Regional Analysis
- 12.3.4 Research & Development Expenses
- 12.3.5 Recent strategies and developments:
- 12.3.5.1 Partnerships, Collaborations, and Agreements:
- 12.3.5.2 Product Launches and Product Expansions:
- 12.3.6 SWOT Analysis
- 12.4 Siemens AG
- 12.4.1 Company Overview
- 12.4.2 Financial Analysis
- 12.4.3 Segmental and Regional Analysis
- 12.4.4 Research & Development Expense
- 12.4.5 Recent strategies and developments:
- 12.4.5.1 Acquisition and Mergers:
- 12.4.6 SWOT Analysis
- 12.5 GE Vernova Group
- 12.5.1 Company Overview
- 12.5.2 Financial Analysis
- 12.5.3 Segmental and Regional Analysis
- 12.5.4 Research & Development Expenses
- 12.5.5 SWOT Analysis
- 12.6 SAP SE
- 12.6.1 Company Overview
- 12.6.2 Financial Analysis
- 12.6.3 Regional Analysis
- 12.6.4 Research & Development Expense
- 12.6.5 SWOT Analysis
- 12.7 PTC, Inc.
- 12.7.1 Company Overview
- 12.7.2 Financial Analysis
- 12.7.3 Regional Analysis
- 12.7.4 Research & Development Expenses
- 12.7.5 SWOT Analysis
- 12.8 Schneider Electric SE
- 12.8.1 Company Overview
- 12.8.2 Financial Analysis
- 12.8.3 Segmental and Regional Analysis
- 12.8.4 Research & Development Expense
- 12.8.5 Recent strategies and developments:
- 12.8.5.1 Partnerships, Collaborations, and Agreements:
- 12.8.6 SWOT Analysis
- 12.9 ABB Ltd.
- 12.9.1 Company Overview
- 12.9.2 Financial Analysis
- 12.9.3 Segmental and Regional Analysis
- 12.9.4 Research & Development Expense
- 12.9.5 SWOT Analysis
- 12.10. Rockwell Automation, Inc.
- 12.10.1 Company Overview
- 12.10.2 Financial Analysis
- 12.10.3 Segmental and Regional Analysis
- 12.10.4 Research & Development Expenses
- 12.10.5 SWOT Analysis
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