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Plant Asset Management (PAM) Market by Offering (Software and Services), Deployment Mode (Cloud (online) and offline), Asset Type (Production and Automation), End-User Industry (Process and Discrete), and Geography - Global Forecast to 2022

Plant Asset Management (PAM) Market by Offering (Software and Services), Deployment Mode (Cloud (online) and offline), Asset Type (Production and Automation), End-User Industry (Process and Discrete), and Geography - Global Forecast to 2022

“Plant asset management (PAM) market expected to exhibit significant growth potential between 2016 and 2022”
The plant asset management market is expected to be valued at USD 7.87 billion by 2022, growing at a CAGR of 10.7% between 2016 and 2022. The key driving factors for the growth of the PAM market are increasing adoption of lean manufacturing practices and growing demand for cloud-based PAM solutions, real-time data analysis, and failure detection software. However, high investment cost, need for periodic upgradation of plant asset management solutions, and complexity involved in installation are some of the key factors restraining the growth of the plant asset management market.

“The market for services segment expected to grow at the highest rate during the forecast period”
The services segment is expected to lead the global plant asset management market in terms of market share as well as CAGR during the forecast period. Increasing demand for industry-specific services is the key factor expected to drive the growth of the services segment.

“Oil and gas expected to account for the largest share of the PAM market during the forecast period”
The oil and gas industry is expected to hold the largest size of the plant asset management market during the forecast period. Safety and reliability of the oil and gas plant is crucial for the management of plant assets. Thus, the industry needs PAM solutions for ensuring the safety and operational efficiency of the oil and gas plants.

“APAC expected to be the fastest-growing market during the forecast period”
The plant asset management market in the APAC region is expected to grow at the highest rate between 2016 and 2022. The major factors driving the plant asset management market growth in the APAC region are continuous advancements and technological innovations in different industries, economic development in China, Japan, and India, growing infrastructure developments in India and other Southeast Asian countries, and increasing foreign investment in the region. Furthermore, the emergence of China as the major manufacturing hub is increasing the scope of PAM software and services in the region.

Break-up of the profiles of primary participants for the report:
By Company Type: Tier 1—43%, Tier 2—32%, and Tier 3—25%
By Designation: C-Level Executives—53%, Directors—26%, and Others—21%
By Region: Americas—45%, Europe—27%, APAC—20%, and RoW—8%

The key players in the PAM market include ABB Ltd. (Switzerland), AB SKF (Sweden), Emerson Electric Co. (U.S.), Endress+Hauser Management AG (Switzerland), General Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Rockwell Automation, Inc. (U.S.), Schneider Electric SA (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

Research Coverage:
The research report on the global PAM market covers different segments, namely, offering, deployment mode, asset type, end-user industry, and geography. The market has been segmented on the basis of offering into software and services. On the basis of deployment mode, the PAM market has been classified into cloud (online) deployment and offline deployment. Asset types covered are production and automation assets. The report covers two types of industries, namely, process industry and discrete industry. Further, process industries have been segmented into chemical, oil and gas, energy and power, food and beverages, metals and mining, pharmaceutical and biotech, pulp and paper, and water and wastewater. Discrete industries include automotive, aerospace and defense, semiconductor and electronics, and medical device. The report covers four major geographical regions, namely, Americas, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:
The report includes illustrative segmentation, analysis, and forecast for the market based on offering, deployment mode, asset type, industry, and geography.
Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the PAM market.
The major drivers, restraints, opportunities, and challenges for the PAM market have been detailed in this report.
A detailed competitive landscape includes key players, in-depth analysis, and market share of the key players.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • PAM MARKET, 2016-2022 (USD BILLION)
    • PAM MARKET, BY DEPLOYMENT MODE (2016-2022)
    • PAM MARKET, BY OFFERING (2016)
    • PAM MARKET, BY DISCRETE INDUSTRY AND REGION (2016)
    • PAM MARKET, BY GEOGRAPHY (2016)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY OFFERING
        • Table PAM MARKET, BY OFFERING
      • BY DEPLOYMENT MODE
        • Table PAM MARKET, BY DEPLOYMENT MODE
      • BY ASSET TYPE
        • Table PAM MARKET, BY ASSET TYPE
      • BY END-USER INDUSTRY
        • Table PAM MARKET, BY END-USER INDUSTRY
      • BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • INTENSITY OF COMPETITIVE RIVALRY
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
  • MARKET ANALYSIS, BY OFFERING
    • INTRODUCTION
      • Table PLANT ASSET MANAGEMENT MARKET, BY OFFERING, 2016-2022 (USD BILLION)
    • SOFTWARE
      • PAM SOFTWARE HELPS TO IMPROVE OPERATIONAL EFFICIENCY OF THE BUSINESS PROCESSES
    • SERVICES
      • INDUSTRY-SPECIFIC PAM SERVICES FOR EXPANDING THE VERTICAL EXPERTISE
  • MARKET ANALYSIS, BY DEPLOYMENT MODE
    • INTRODUCTION
      • Table PLANT ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2016-2022 (USD BILLION)
    • OFFLINE DEPLOYMENT
      • INCREASING SAFETY AND SECURITY CONCERNS FORCE END-USER INDUSTRIES TO ADOPT OFFLINE DEPLOYMENT
    • CLOUD (ONLINE) DEPLOYMENT
      • QUICK DEPLOYMENT AND EASY ACCESS OF CLOUD IS EXPECTED TO INCREASE THE ADOPTION OF PAM MARKET DURING THE FORECAST PERIOD
  • MARKET ANALYSIS, BY ASSET TYPE
    • INTRODUCTION
      • Table PLANT ASSET MANAGEMENT MARKET, BY ASSET TYPE, 2016-2022 (USD BILLION)
    • PRODUCTION ASSETS
      • HIGH ADOPTION OF PAM SOLUTIONS FOR ROTATING AND RECIPROCATING EQUIPMENT
    • AUTOMATION ASSETS
      • PRESENCE OF NUMBER OF AUTOMATION SOLUTION PROVIDERS DRIVES THE GROWTH OF PAM SOLUTIONS FOR AUTOMATION ASSETS
  • MARKET, BY END-USER INDUSTRY
    • INTRODUCTION
      • Table PAM MARKET, BY END-USER INDUSTRY, 2013-2022 (USD BILLION)
    • PROCESS INDUSTRY
      • Table PAM MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
      • Table PAM MARKET FOR PROCESS INDUSTRIES, BY REGION, 2013-2022 (USD MILLION)
      • Table PAM MARKET FOR PROCESS INDUSTRIES, BY ASSET TYPE, 2013-2022 (USD MILLION)
      • Table PAM MARKET FOR PROCESS INDUSTRIES, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • CHEMICAL
        • Table PAM MARKET FOR CHEMICAL INDUSTRY, BY GEOGRAPHY, 2016-2022 (USD MILLION)
        • Table PAM MARKET FOR CHEMICAL INDUSTRY, BY ASSET TYPE, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR CHEMICAL INDUSTRY, BY DEPLOYMENT MODE, 2016-2022 (USD MILLION)
      • ENERGY AND POWER
        • Table PAM MARKET FOR ENERGY AND POWER INDUSTRY, BY REGION, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR ENERGY AND POWER INDUSTRY, BY ASSET TYPE, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR ENERGY AND POWER INDUSTRY, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • FOOD AND BEVERAGES
        • Table PAM MARKET FOR FOOD AND BEVERAGES INDUSTRY, BY REGION, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR FOOD AND BEVERAGES INDUSTRY, BY ASSET TYPE, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR FOOD AND BEVERAGES INDUSTRY, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • METAL AND MINING
        • Table PAM MARKET FOR METAL AND MINING INDUSTRY, BY REGION, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR METAL AND MINING INDUSTRY, BY ASSET TYPE, 2016-2022 (USD MILLION)
        • Table PAM MARKET FOR METAL AND MINING INDUSTRY, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • OIL AND GAS
        • Table PAM MARKET FOR OIL AND GAS INDUSTRY, BY REGION, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR OIL AND GAS INDUSTRY, BY ASSET TYPE, 2013-2022 (USD MILLION)
        • Table PAM MARKET IN OIL AND GAS INDUSTRY, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • PHARMACEUTICAL AND BIOTECH
        • Table PAM MARKET FOR PHARMACEUTICAL AND BIOTECH INDUSTRY, BY REGION, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR PHARMACEUTICAL AND BIOTECH INDUSTRY, BY ASSET TYPE, 2016-2022 (USD MILLION)
        • Table PAM MARKET FOR PHARMACEUTICAL AND BIOTECH INDUSTRY, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • PULP AND PAPER
        • Table PAM MARKET FOR PULP AND PAPER INDUSTRY, BY REGION, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR PULP AND PAPER INDUSTRY, BY ASSET TYPE, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR PULP AND PAPER INDUSTRY, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • WATER AND WASTEWATER
        • Table PAM MARKET FOR WATER AND WASTEWATER INDUSTRY, BY GEOGRAPHY, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR WATER AND WASTEWATER INDUSTRY, BY ASSET TYPE, 2016-2022 (USD MILLION)
        • Table PAM MARKET FOR WATER AND WASTEWATER INDUSTRY, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
    • DISCRETE INDUSTRY
      • Table PLANT ASSET MANAGEMENT MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
      • Table PLANT ASSET MANAGEMENT MARKET FOR DISCRETE INDUSTRIES, BY REGION, 2013-2022 (USD MILLION)
      • Table PLANT ASSET MANAGEMENT MARKET FOR DISCRETE INDUSTRIES, BY ASSET TYPE, 2013-2022 (USD MILLION)
      • Table PLANT ASSET MANAGEMENT MARKET FOR DISCRETE INDUSTRIES, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • AEROSPACE AND DEFENSE
        • Table PAM MARKET FOR AEROSPACE AND DEFENSE INDUSTRY, BY REGION, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR AEROSPACE AND DEFENSE, BY ASSET TYPE, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR AEROSPACE AND DEFENSE INDUSTRY, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • AUTOMOTIVE
        • Table PAM MARKETFOR AUTOMOTIVE INDUSTRY, BY REGION, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR AUTOMOTIVE INDUSTRY, BY ASSET TYPE, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR AUTOMOTIVE INDUSTRY, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • SEMICONDUCTOR AND ELECTRONICS
        • Table PAM MARKET FOR SEMICONDUCTOR AND ELECTRONICS INDUSTRY, BY REGION, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR SEMICONDUCTOR AND ELECTRONICS, BY ASSET TYPE, 2013-2022 (USD MILLION)
        • Table PAM MARKETFOR SEMICONDUCTOR AND ELECTRONICS, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
      • MEDICAL DEVICE
        • Table MEDICAL DEVICE: PAM MARKET SIZE, BY REGION, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR MEDICAL DEVICE INDUSTRY, BY ASSET TYPE, 2013-2022 (USD MILLION)
        • Table PAM MARKET FOR MEDICAL DEVICE INDUSTRY, BY DEPLOYMENT MODE, 2013-2022 (USD MILLION)
  • GEOGRAPHICAL ANALYSIS
    • INTRODUCTION
      • Table PAM MARKET, BY GEOGRAPHY, 2013-2022 (USD BILLION)
    • AMERICAS
      • INCREASING DEMAND FOR IIOT AND CLOUD-BASED PAM SOLUTIONS IN THE REGION
        • Table PAM MARKET IN AMERICAS, BY GEOGRAPHY, 2013-2022 (USD MILLION)
        • Table PAM MARKET IN AMERICAS, BY OFFERING, 2013-2022 (USD MILLION)
        • Table PAM MARKET IN AMERICAS, BY END-USER INDUSTRY, 2013-2022 (USD MILLION)
      • NORTH AMERICA
        • Table PAM MARKET IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • SOUTH AMERICA
        • Table PAM MARKET IN SOUTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • REST OF SOUTH AMERICA
    • EUROPE
      • Table PAM MARKET IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table PAM MARKET IN EUROPE, BY OFFERING, 2013-2022 (USD MILLION)
      • Table PAM MARKET IN EUROPE, BY END-USER INDUSTRY, 2013-2022 (USD MILLION)
      • U.K.
      • GERMANY
      • FRANCE
      • REST OF EUROPE
    • APAC
      • Table PAM MARKET IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table PAM MARKET IN APAC, BY OFFERING, 2013-2022 (USD MILLION)
      • Table PAM MARKET IN APAC, BY END-USER INDUSTRY, 2013-2022 (USD MILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • REST OF THE APAC
    • REST OF THE WORLD
      • MIDDLE EAST
        • Table PAM MARKET IN ROW, BY GEOGRAPHY, 2013-2022 (USD MILLION)
        • Table PAM MARKET IN ROW, BY OFFERING, 2013-2022 (USD MILLION)
        • Table PAM MARKET IN ROW, BY END-USER INDUSTRY, 2013-2022 (USD MILLION)
      • AFRICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE ANALYSIS
      • MARKET RANKING ANALYSIS: PAM MARKET, 2015
        • Table MARKET RANKING OF THE TOP 5 PLAYERS IN THE PAM MARKET, 2015
    • COMPETITIVE SITUATIONS AND TRENDS
      • NEW PRODUCT LAUNCHES AND DEVELOPMENTS
        • Table NEW PRODUCT LAUNCHES AND DEVELOPMENTS
      • AGREEMENTS/COLLABORATIONS/CONTRACTS
        • Table AGREEMENTS, CONTRACTS, AND COLLABORATIONS
      • ACQUISITIONS AND EXPANSIONS
        • Table ACQUISITIONS AND EXPANSIONS
  • COMPANY PROFILES
    • INTRODUCTION
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EMERSON ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HONEYWELL INTERNATIONAL, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ROCKWELL AUTOMATION, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • YOKOGAWA ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GENERAL ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ENDRESS+HAUSER MANAGEMENT AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SCHNEIDER ELECTRIC SE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • AB SKF
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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