Predictive maintenance is maintenance that directly monitors the condition and performance of equipment during normal operation to reduce the likelihood of failures. It attempts to keep costs low by reducing the frequency of maintenance tasks, reducing unplanned breakdowns and eliminating unnecessary preventive maintenance.
Predictive maintenance software enables manufacturers to closely monitor machines with sensors and actuators embedded in the equipment. Using streaming analytics to continuously analyse sensor data and combine it with historical intelligence, this predictive maintenance software is able to more accurately predict equipment failures and dispatch maintenance services only when they are needed. And some solution also take automated intelligent action to dispatch a part or schedule a technician, monitoring machine performance and field service technicians’ task lists in real time for more dynamic scheduling. The result is lower technician costs, improved service levels and greater machine uptime—all contributing to improved profitability and product quality.
Market Analysis and Insights: Global Predictive Maintenance (PdM) Software Market
The research report studies the Predictive Maintenance (PdM) Software market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Predictive Maintenance (PdM) Software market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
Global Predictive Maintenance (PdM) Software Scope and Segment
The global Predictive Maintenance (PdM) Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Predictive Maintenance (PdM) Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Cloud Based
On-premises
Segment by Application
Industrial and Manufacturing
Transportation and Logistics
Energy and Utilities
Healthcare and Life Sciences
Education and Government
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
IBM
Microsoft
SAP
GE Digital
Schneider
Hitachi
Siemens
Intel
RapidMiner
Rockwell Automation
Software AG
Cisco
Bosch.IO
C3.ai
Dell
Augury Systems
Senseye
T-Systems International
TIBCO Software
Fiix
Uptake
Sigma Industrial Precision
Dingo
Huawei
ABB
AVEVA
Predictive maintenance software enables manufacturers to closely monitor machines with sensors and actuators embedded in the equipment. Using streaming analytics to continuously analyse sensor data and combine it with historical intelligence, this predictive maintenance software is able to more accurately predict equipment failures and dispatch maintenance services only when they are needed. And some solution also take automated intelligent action to dispatch a part or schedule a technician, monitoring machine performance and field service technicians’ task lists in real time for more dynamic scheduling. The result is lower technician costs, improved service levels and greater machine uptime—all contributing to improved profitability and product quality.
Market Analysis and Insights: Global Predictive Maintenance (PdM) Software Market
The research report studies the Predictive Maintenance (PdM) Software market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Predictive Maintenance (PdM) Software market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
Global Predictive Maintenance (PdM) Software Scope and Segment
The global Predictive Maintenance (PdM) Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Predictive Maintenance (PdM) Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Cloud Based
On-premises
Segment by Application
Industrial and Manufacturing
Transportation and Logistics
Energy and Utilities
Healthcare and Life Sciences
Education and Government
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
IBM
Microsoft
SAP
GE Digital
Schneider
Hitachi
Siemens
Intel
RapidMiner
Rockwell Automation
Software AG
Cisco
Bosch.IO
C3.ai
Dell
Augury Systems
Senseye
T-Systems International
TIBCO Software
Fiix
Uptake
Sigma Industrial Precision
Dingo
Huawei
ABB
AVEVA
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.