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The plant asset management (PAM) market is forecasted to grow by USD 2.40 billion during 2023-2028, accelerating at a CAGR of 7.8% during the forecast period. The report on the plant asset management (PAM) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by incorporation of 3d modeling in real-time asset management, increase in adoption of smart sensors, and adoption of new technologies by oil companies.
The plant asset management (PAM) market is segmented as below:
By Deployment
- Cloud
- On-premises
By End-user
- Power industry
- Pulp and paper industry
- Oil and gas industry
- Refining industry
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the plant asset management (PAM) market covers the following areas:
- Plant Asset Management (PAM) Market sizing
- Plant Asset Management (PAM) Market forecast
- Plant Asset Management (PAM) Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global plant asset management (PAM) market: AB SKF, ABB Ltd., Aspen Technology Inc., AVEVA Group Plc, Emerson Electric Co., Endress Hauser Group Services AG, Hitachi Ltd., Honeywell International Inc., IFS World Operations AB, International Business Machines Corp., Novo Solutions Inc., Oracle Corp., Petrofac Ltd., Ramco Systems Ltd., Rockwell Automation Inc., S and T Deutschland GmbH, SAP SE, Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is use of prescriptive analytics for analysis."
According to the report, one of the major drivers for this market is the incorporation of 3d modeling in real-time asset management.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB SKF
- ABB Ltd.
- Aspen Technology Inc.
- AVEVA Group Plc
- Emerson Electric Co.
- Endress Hauser Group Services AG
- Hitachi Ltd.
- Honeywell International Inc.
- IFS World Operations AB
- International Business Machines Corp.
- Novo Solutions Inc.
- Oracle Corp.
- Petrofac Ltd.
- Ramco Systems Ltd.
- Rockwell Automation Inc.
- S and T Deutschland GmbH
- SAP SE
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corp.
