Report Summary
Summary
A PAM system manages and monitors the fixed assets of a company, which are used in the production process. PAM gives better control over the production process and enhances the efficiency and productivity of an organization. It also generates real-time data of assets, which enables officials to take an informed decision. The real-time data generated by a PAM system can also be used to identify signs of failure, ensuring that plant productivity is not hit due to machine downtime.
The production asset segment is expected to dominate the global plant asset management market during the forecast period. It is important to maintain the health of assets, especially production assets which are continuously used. The low performance of these assets hampers the production process. This leads to high adoption of plant asset management solutions to improve the efficiency and performance. However, the market for the automation asset segment is expected to grow at the highest CAGR between 2020 and 2023 owing to the increasing adoption of automation for performing complex manufacturing processes and reducing human errors in process and discrete industries around the world.
In 2020, the global Plant Asset Management (PAM) market size was xx million US$ and it is expected to reach xx million US$ by the end of 2027, with a CAGR of xx% between 2021 and 2027.
This report studies the Plant Asset Management (PAM) market size by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
ABB
Emerson
Honeywell
Rockwell Automation
Siemens
Applied Material
Dassault Systemes
Endress+Hauser
GE Digital
Hitachi
IBM
IFS
Petrofac
SAP
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Production Assets
Automation Assets
Market segment by Application, the market can be split into
Oil & Gas
Energy & Power
Food & Beverages
Chemical
Metals & Mining
Pharmaceutical & Biotech
Automotive
Semiconductor & Electronics
Medical Device
The study objectives of this report are:
To study and forecast the market size of Plant Asset Management (PAM) in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Plant Asset Management (PAM) are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Plant Asset Management (PAM) market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table Of Contents
Table of Contents
Plant Asset Management (PAM) Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Plant Asset Management (PAM)
1.1 Plant Asset Management (PAM) Market Overview
1.1.1 Plant Asset Management (PAM) Product Scope
1.1.2 Market Status and Outlook
1.2 Global Plant Asset Management (PAM) Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Plant Asset Management (PAM) Market by Type
1.3.1 Production Assets
1.3.2 Automation Assets
1.4 Plant Asset Management (PAM) Market by End Users/Application
1.4.1 Oil & Gas
1.4.2 Energy & Power
1.4.3 Food & Beverages
1.4.4 Chemical
1.4.5 Metals & Mining
1.4.6 Pharmaceutical & Biotech
1.4.7 Automotive
1.4.8 Semiconductor & Electronics
1.4.9 Medical Device
2 Global Plant Asset Management (PAM) Competition Analysis by Players
2.1 Plant Asset Management (PAM) Market Size (Value) by Players (2018 and 2019)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 ABB
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Plant Asset Management (PAM) Revenue (Value) (2017-2020)
3.1.5 Recent Developments
3.2 Emerson
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Plant Asset Management (PAM) Revenue (Value) (2017-2020)
3.2.5 Recent Developments
3.3 Honeywell
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Plant Asset Management (PAM) Revenue (Value) (2017-2020)
3.3.5 Recent Developments
3.4 Rockwell Automation
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Plant Asset Management (PAM) Revenue (Value) (2017-2020)
3.4.5 Recent Developments
3.5 Siemens
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Plant Asset Management (PAM) Revenue (Value) (2017-2020)
3.5.5 Recent Developments
3.6 Applied Material
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Plant Asset Management (PAM) Revenue (Value) (2017-2020)
3.6.5 Recent Developments
3.7 Dassault Systemes
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Plant Asset Management (PAM) Revenue (Value) (2017-2020)
3.7.5 Recent Developments
3.8 Endress+Hauser
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Plant Asset Management (PAM) Revenue (Value) (2017-2020)
3.8.5 Recent Developments
3.9 GE Digital
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Plant Asset Management (PAM) Revenue (Value) (2017-2020)
3.9.5 Recent Developments
3.10 Hitachi
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Plant Asset Management (PAM) Revenue (Value) (2017-2020)
3.10.5 Recent Developments
3.11 IBM
3.12 IFS
3.13 Petrofac
3.14 SAP
4 Global Plant Asset Management (PAM) Market Size by Type and Application (2017-2020)
4.1 Global Plant Asset Management (PAM) Market Size by Type (2017-2020)
4.2 Global Plant Asset Management (PAM) Market Size by Application (2017-2020)
4.3 Potential Application of Plant Asset Management (PAM) in Future
4.4 Top Consumer/End Users of Plant Asset Management (PAM)
5 North America Plant Asset Management (PAM) Development Status and Outlook
5.1 North America Plant Asset Management (PAM) Market Size (2017-2020)
5.2 North America Plant Asset Management (PAM) Market Size and Market Share by Players (2018 and 2019)
6 Europe Plant Asset Management (PAM) Development Status and Outlook
6.1 Europe Plant Asset Management (PAM) Market Size (2017-2020)
6.2 Europe Plant Asset Management (PAM) Market Size and Market Share by Players (2018 and 2019)
7 China Plant Asset Management (PAM) Development Status and Outlook
7.1 China Plant Asset Management (PAM) Market Size (2017-2020)
7.2 China Plant Asset Management (PAM) Market Size and Market Share by Players (2018 and 2019)
8 Rest of Asia Pacific Plant Asset Management (PAM) Development Status and Outlook
8.1 Rest of Asia Pacific Plant Asset Management (PAM) Market Size (2017-2020)
8.2 Rest of Asia Pacific Plant Asset Management (PAM) Market Size and Market Share by Players (2018 and 2019)
9 Central & South America Plant Asset Management (PAM) Development Status and Outlook
9.1 Central & South America Plant Asset Management (PAM) Market Size (2017-2020)
9.2 Central & South America Plant Asset Management (PAM) Market Size and Market Share by Players (2018 and 2019)
10 Middle East & Africa Plant Asset Management (PAM) Development Status and Outlook
10.1 Middle East & Africa Plant Asset Management (PAM) Market Size (2017-2020)
10.2 Middle East & Africa Plant Asset Management (PAM) Market Size and Market Share by Players (2018 and 2019)
11 Market Forecast by Regions, Type and Application (2021-2027)
11.1 Global Plant Asset Management (PAM) Market Size (Value) by Regions (2021-2027)
11.1.1 North America Plant Asset Management (PAM) Revenue and Growth Rate (2021-2027)
11.1.2 Europe Plant Asset Management (PAM) Revenue and Growth Rate (2021-2027)
11.1.3 China Plant Asset Management (PAM) Revenue and Growth Rate (2021-2027)
11.1.4 Rest of Asia Pacific Plant Asset Management (PAM) Revenue and Growth Rate (2021-2027)
11.1.5 Central & South America Plant Asset Management (PAM) Revenue and Growth Rate (2021-2027)
11.1.6 Middle East & Africa Plant Asset Management (PAM) Revenue and Growth Rate (2021-2027)
11.2 Global Plant Asset Management (PAM) Market Size (Value) by Type (2021-2027)
11.3 Global Plant Asset Management (PAM) Market Size by Application (2021-2027)
12 Plant Asset Management (PAM) Market Dynamics
12.1 Plant Asset Management (PAM) Market Opportunities
12.2 Plant Asset Management (PAM) Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Plant Asset Management (PAM) Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Plant Asset Management (PAM) Market Driving Force
12.4.1 Growing Demand from Emerging Markets
12.4.2 Potential Application
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs Trend/Customer Preference
13.3 External Environmental Change
13.3.1 Economic Fluctuations
13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Methodology
Analyst Introduction
Data Source
