Global Equipment Health Management System Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Equipment Health Management System market size was valued at US$ 2164 million in 2024 and is forecast to a readjusted size of USD 3400 million by 2031 with a CAGR of 6.7% during review period.

An Equipment Health Management System (EHMS) is a comprehensive system that monitors, analyzes, and manages the health and performance of industrial equipment or machinery. The primary goal of an EHMS is to ensure the reliability, availability, and optimal performance of critical assets within an organization. This type of system is commonly used in industries such as manufacturing, energy, utilities, and transportation.

Rise of Predictive Maintenance: There has been an increasing adoption of predictive maintenance strategies facilitated by EHMS. Organizations are recognizing the value of predicting equipment failures before they occur, allowing for more efficient and cost-effective maintenance practices.

Focus on Cybersecurity: With the increasing connectivity of industrial systems, there is a growing emphasis on cybersecurity within EHMS solutions. Ensuring the security of data and communication between devices is critical to prevent unauthorized access and potential threats.

Cross-Industry Adoption: EHMS is not limited to specific industries. The adoption of EHMS is expanding across various sectors, including manufacturing, energy, utilities, healthcare, and transportation, reflecting a broader recognition of the importance of equipment health monitoring.

Remote Monitoring and Management: The trend towards remote work and operations has influenced EHMS solutions to offer robust remote monitoring and management capabilities. This allows organizations to monitor equipment health from anywhere and respond to issues in a timely manner.

This report is a detailed and comprehensive analysis for global Equipment Health Management System market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Equipment Health Management System market size and forecasts, in consumption value ($ Million), 2020-2031

Global Equipment Health Management System market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Equipment Health Management System market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Equipment Health Management System market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Equipment Health Management System

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Equipment Health Management System market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bently, GE Digital, Vibro-meter, Uptake, Railinc, Tech Mahindra, Avantor, ComplianceQuest, Rolls-Royce, SmartEAM, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Equipment Health Management System market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Wired Type
Wireless Type
Offline Type

Market segment by Application
Large Rotary Power Equipment
Reciprocating Power Equipment
Pump Group Power Equipment
Others

Market segment by players, this report covers
Bently
GE Digital
Vibro-meter
Uptake
Railinc
Tech Mahindra
Avantor
ComplianceQuest
Rolls-Royce
SmartEAM
Emerson
DHMS
Beijing Bohua Xinzhi Technology
Anhui Ronds Science & Technology Incorporated
Jiangsu Donghua Testing Technology
Zhejiang Supcon Technology
Sichuan Discovery Dream Science & Technology
Xi'an Chenxi Aviation Technology

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Equipment Health Management System product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Equipment Health Management System, with revenue, gross margin, and global market share of Equipment Health Management System from 2020 to 2025.

Chapter 3, the Equipment Health Management System competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Equipment Health Management System market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Equipment Health Management System.

Chapter 13, to describe Equipment Health Management System research findings and conclusion.