Global Equipment Downtime Tracking Software Market Growth (Status and Outlook) 2024-2030

Global Equipment Downtime Tracking Software Market Growth (Status and Outlook) 2024-2030

Equipment downtime is one of the costliest aspects within manufacturing. Every minute that machines aren't running is wasted productivity and wasted revenue. Unplanned downtime is the biggest killer, contributing to 90% of total downtime. As such, manufacturers should always be striving to reduce their unplanned downtime and ensure their machines are maintained as well as possible.

Equipment Downtime Tracking Software is a software tool for monitoring and recording production equipment downtime. This type of software is commonly used in manufacturing and production environments and is designed to help companies understand the productivity of their equipment and identify and resolve downtime issues in production.

The global Equipment Downtime Tracking Software market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Equipment Downtime Tracking Software Industry Forecast” looks at past sales and reviews total world Equipment Downtime Tracking Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Equipment Downtime Tracking Software sales for 2023 through 2029. With Equipment Downtime Tracking Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Equipment Downtime Tracking Software industry.

This Insight Report provides a comprehensive analysis of the global Equipment Downtime Tracking Software 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 Downtime Tracking Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Equipment Downtime Tracking Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Equipment Downtime Tracking Software 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 Downtime Tracking Software.

United States market for Equipment Downtime Tracking Software is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Equipment Downtime Tracking Software is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Equipment Downtime Tracking Software is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Equipment Downtime Tracking Software players cover ABB, LineView Solutions, MachineMetrics, OEEsystems International, Evocon, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

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

Segmentation by Type:
On-premises
Cloud Based

Segmentation by Application:
Large Enterprises
SME

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

Segmentation by Type:
On-premises
Cloud Based

Segmentation by Application:
Large Enterprises
SME

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.
ABB
LineView Solutions
MachineMetrics
OEEsystems International
Evocon
Thrive DCS
FourJaw
Scytec DataXchange
Lenze
Guidewheel
StrataFlows
Upkeep
Vorne Industries
Mapcon Technologies
FreePoint
Excellerant
Raven
Busroot (Output Industries)
Ripples IoT
Actemium
Scalene Software
Matics
PlantRun
DowntimeDB
Sepasoft
Sterison
AGE Technologies
ei3

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