Global Predictive Maintenance Market Size & Outlook

The predictive maintenance industry worldwide is expected to reach a projected revenue of US$ 60,126.2 million by 2030. A compound annual growth rate of 29.5% is expected of the worldwide predictive maintenance industry from 2024 to 2030.

Revenue, 2023 (US$M)
$9,843.5
Forecast, 2030 (US$M)
$60,126.2
CAGR, 2024 - 2030
29.5%
Report Coverage
Worldwide

Global predictive maintenance market highlights

  • The global predictive maintenance market generated a revenue of USD 9,843.5 million in 2023 and is expected to reach USD 60,126.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 29.5% by 2030.
  • In terms of segment, solution accounted for a revenue of USD 7,911.4 million in 2023.
  • 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 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 9,843.5 million
Market revenue in 2030USD 60,126.2 million
Growth rate29.5% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 34.4% of the global predictive maintenance market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 16,079.7 million by 2030.

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Predictive Maintenance Market Companies

Name Profile # Employees HQ Website

Global predictive maintenance 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 predictive maintenance market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 80.37% in 2023. Horizon Databook has segmented the Global predictive maintenance market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Predictive Maintenance Component Outlook (Revenue, USD Million, 2018-2030)
    • Solution
      • Integrated
      • Standalone
    • Services
      • Deployment / Installation
      • Support & Maintenance
      • Training & Consulting
  • Global Predictive Maintenance Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-Premise
  • Global Predictive Maintenance Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Small and Medium Enterprises
    • Large Enterprise
  • Global Predictive Maintenance End Use Outlook (Revenue, USD Million, 2018-2030)
    • Aerospace & Defense
    • Automotive & Transportation
    • Energy and Utilities
    • Healthcare
    • IT & Telecommunication
    • Manufacturing
    • Oil & Gas
    • Others
  • Global Predictive Maintenance Monitoring Technique Outlook (Revenue, USD Million, 2018-2030)
    • Torque Monitoring
    • Vibration Monitoring
    • Oil Analysis
    • Thermography
    • Corrosion Monitoring
    • Others

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Target buyers of Global predictive maintenance market databook

  • Our clientele includes a mix of predictive maintenance market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 predictive maintenance market , including forecasts for subscribers. This global databook contains high-level insights into Global predictive maintenance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global predictive maintenance market size, by regions, 2018-2030 (US$M)

Top 10 countries: Predictive maintenance market size, 2023 (US$M)

Global predictive maintenance market share, by component, 2023 & 2030 (%, US$M)

Predictive Maintenance Market: Opportunity Assessment By Country

Global predictive maintenance market, by region, 2023 (US$M)

Global predictive maintenance market size, by regions, 2018-2030 (US$M)

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