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Industrial Predictive Maintenance Market in APAC to grow at a CAGR of 34.23% during the period 2017-2021

Press Release   •   Aug 11, 2017 09:00 EDT


About Industrial Predictive Maintenance

Industrial predictive maintenance is a technique that helps in determining the condition of in-service equipment in order to predict when maintenance should be performed. It also helps in minimizing disruption of normal system operations by offering instant maintenance using budgeted and scheduled repairs. The market is segmented on deployment type, namely cloud and on-premises based industrial predictive maintenance.

Technavios analysts forecast the industrial predictive maintenance market in APAC to grow at a CAGR of 34.23% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the industrial predictive maintenance market in APAC for 2017-2021. To calculate the market size, the report considers solutions and services market.

The market is divided into the following segments based on geography:

East Asia

Oceania

Southeast Asia

Technavios report, Industrial Predictive Maintenance Market in APAC 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

ADEN

Bosch Software Innovations

Huawei Technologies

IBM

SAP SE

Other prominent vendors

AsiaAnalytics

Carrier Corporation

Civis Analytics

ETS Solutions Asia

Hitachi

Microsoft

Oracle

Predictive Service

PTC

RapidMiner

SAS Institute

SHINKAWA Electric

SKF

Yokogawa Electric

Market driver

Developments in customized industrial predictive maintenance

For a full, detailed list, view our report

Market challenge

Low investments in latest machinery and measuring equipment

For a full, detailed list, view our report

Market trend

Changes from reactive to predictive maintenance

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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