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Global Equipment Status Tracking System Market Growth (Status and Outlook) 2026-2032

Publisher LP Information, Inc.
Published Jan 05, 2026
Length 114 Pages
SKU # LPI20695292

Description

The global Equipment Status Tracking System market size is predicted to grow from US$ 4021 million in 2025 to US$ 7006 million in 2032; it is expected to grow at a CAGR of 8.3% from 2026 to 2032.

Equipment status tracking system is a digital solution that enables organizations to monitor, track, and manage the operational status of equipment in real time. It helps improve efficiency, reduce downtime, and optimize equipment utilization by providing insights into equipment performance, usage, and health.

Driving factors in the equipment status tracking system market include growing pressure on factories and infrastructure operators to increase uptime and OEE (Overall Equipment Effectiveness), which pushes them to gain real-time visibility into machine health, utilization and bottlenecks instead of relying on manual logs and periodic inspections. The spread of Industry 4.0, IoT sensors and connected PLC/SCADA systems makes it technically and economically feasible to collect status data from both new and legacy equipment, creating strong pull for software platforms that can aggregate and visualize this information. At the same time, rising labor costs and skill shortages in maintenance teams encourage adoption of systems that support condition-based and predictive maintenance, allowing fewer technicians to manage more assets.

LPI (LP Information)' newest research report, the “Equipment Status Tracking System Industry Forecast” looks at past sales and reviews total world Equipment Status Tracking System sales in 2025, providing a comprehensive analysis by region and market sector of projected Equipment Status Tracking System sales for 2026 through 2032. With Equipment Status Tracking System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Equipment Status Tracking System industry.

This Insight Report provides a comprehensive analysis of the global Equipment Status Tracking System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Equipment Status Tracking System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Equipment Status Tracking System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Equipment Status Tracking System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Equipment Status Tracking System.

This report presents a comprehensive overview, market shares, and growth opportunities of Equipment Status Tracking System market by product type, application, key players and key regions and countries.

Segmentation by Type:
Cloud-Based
On-Premise

Segmentation by Function:
Condition Monitoring
Fault Diagnosis
Predictive Maintenance
Others

Segmentation by Coverage:
Asset-Level
Line-Level
Plant-Level
Group-Level

Segmentation by Application:
Manufacturing
Transportation
Energy
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
Rockwell Automation
GE Vernova
Emerson
Honeywell
ABB
Fluke Corporation
COSMOPlat
ScienceSoft
Wuxi core Mochi Control Technology
Getech Technology
Cenosco
Fiix

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

114 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Equipment Status Tracking System Market Size by Player
4 Equipment Status Tracking System by Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Equipment Status Tracking System Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

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