Global Plant Asset Management Market Growth (Status and Outlook) 2023-2029

Global Plant Asset Management Market Growth (Status and Outlook) 2023-2029

Plant Asset Management offers supports in optimizing the management of devices from the engineering to the operation phase. It provides valuable asset information over the entire life cycle: from the technology and solutions to access and manage information to integrate it into your business processes and IT infrastructure.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plant Asset Management 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 Plant Asset Management.

The global Plant Asset Management market size is projected to grow from US$ 4806.4 million in 2022 to US$ 7385 million in 2029; it is expected to grow at a CAGR of 6.3% from 2023 to 2029.

Plant Asset Management combines the fields of Asset Information Management, Device Configuration Management and Calibration Management offering supports in optimizing of industrial workflows and business processes related to plant assets in the commissioning and operation phase.

This report presents a comprehensive overview, market shares, and growth opportunities of Plant Asset Management market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Performance Management
Monitoring & Controlling
Information Management
Device Configuration
Content Management

Segmentation by application
Energy & Power
Petrochemical
Mining
Food & Beverage
Pharmaceutical
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.
ABB Ltd
AB SKF
Emerson Electric Co
Endress+Hauser Management AG
General Electric Co
Honeywell International, Inc
Rockwell Automation, Inc
Schneider Electric SA
Siemens AG
Yokogawa Electric Corporation

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