Global Plant Asset Management Market Size & Outlook
Global plant asset management market, 2018-2030 (US$M)
Related Markets
Global plant asset management market highlights
- The global plant asset management market generated a revenue of USD 7,289.6 million in 2024 and is expected to reach USD 17,212.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 16.7% by 2030.
- In terms of segment, solution accounted for a revenue of USD 4,987.5 million in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 7,289.6 million |
| Market revenue in 2030 | USD 17,212.7 million |
| Growth rate | 16.7% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 38.2% of the global plant asset management market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 1,108.2 million by 2030.
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Plant Asset Management Market Scope
Plant Asset Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| Yokogawa Electric Corp. | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.yokogawa.com |
| Bentley Systems Inc Ordinary Shares - Class B | View profile | 5200 | 685 Stockton Drive, Exton, PA, United States, 19341 | https://www.bentley.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Global plant asset management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plant asset management market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 68.42% in 2024. Horizon Databook has segmented the Global plant asset management market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Plant Asset Management Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Predictive Maintenance
- Work Order Management
- Inventory Management
- Asset Lifecycle Management
- Services
- Managed Service
- Professional Service
- Solution
- Global Plant Asset Management Deployment Outlook (Revenue, USD Million, 2018-2030)
- On-Premises
- Cloud
- Global Plant Asset Management Asset Type Outlook (Revenue, USD Million, 2018-2030)
- Automation Assets
- Production Assets
- Global Plant Asset Management End Use Outlook (Revenue, USD Million, 2018-2030)
- Energy & Power
- Oil & Gas
- Manufacturing
- Automotive
- Aerospace & Defense
- Mining & Metal
- Others
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Target buyers of Global plant asset management market databook
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Our clientele includes a mix of plant asset management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global plant asset management market , including forecasts for subscribers. This global databook contains high-level insights into Global plant asset management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global plant asset management market size, by regions, 2018-2030 (US$M)
Top 10 countries: Plant asset management market size, 2024 (US$M)
Global plant asset management market share, by component, 2024 & 2030 (%, US$M)
Plant asset management market: Opportunity assessment by country
Global plant asset management market, by region, 2024 (US$M)
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