Market Overview:
The global industrial plant maintenance management solution market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based industrial plant maintenance management solutions and the growing need for improved safety and compliance in industrial plants. The global industrial plant maintenance management solution market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into cloud-based and on-premise solutions. Cloud-based solutions are expected to grow at a higher CAGR than on-premise solutions during the forecast period owing to their advantages such as low cost of ownership, scalability, and ease of use. On the basis of application,the market is segmented into oil and gas, power and energy, chemicals, food and beverages,, pharmaceuticals,, automotive,,and others segments. The oil & gas sector accounted for majority share in 2017 owing to increased investments in upstream activities across regions such as North Americaand Latin Americaand rising demand for petrochemicals products globally. However,.
Product Definition:
Industrial Plant Maintenance Management Solution is a software that helps organizations manage and optimize their industrial plant maintenance operations. The solution provides a centralized repository for all information pertaining to plant maintenance, including work orders, parts inventory, and personnel records. It also includes tools for planning and scheduling preventive maintenance tasks, assessing equipment health status, and tracking service call history. Industrial Plant Maintenance Management Solution helps organizations improve efficiency and reduce costs associated with maintaining industrial plants.
Cloud-Based:
Cloud-based plant maintenance software is a solution that provides remote access to data and tools for monitoring, diagnosing, repair and asset management. It helps the companies to reduce costs related to IT support by eliminating the need for installing additional hardware or software on company premises. The cloud-based plant maintenance software is used in various industries such as oil & gas, power generation, manufacturing etc.
On-Premise:
On-premise software is a type of computer software that is installed and used on the end user's own computers or devices. The term “on-premise” refers to the installation of the software, which takes place on an end user’s server, workstation, or personal computer. On-premise solutions are generally used for applications such as inventory control systems and order management systems where data privacy and security concerns are critical.
Application Insights:
The others application segment includes healthcare, manufacturing, and public infrastructure. The global demand for the others segment was valued at USD 527.0 million in 2017 owing to an increase in the number of government initiatives to improve public infrastructure across various countries globally.
The oil and gas industry is one of the leading adopters of IT solutions as it helps manage complex operations & processes with ease while improving overall efficiency and productivity. The oil and gas industry is characterized by a high level of technological adoption due to its inherent complexity along with frequent innovation & upgrade cycles necessitated by emerging technologies.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The growth can be attributed to increasing government initiatives and investments in infrastructure development. For instance, in India, Ministry of Power has planned for setting up of new coal based thermal power projects with a capacity between 300 MW and 1,200 MW each on a private finance initiative basis.
The market demand is anticipated to grow further owing to increasing industrialization across emerging economies such as China and India along with growing need for better facilities within these countries.
Growth Factors:
- Increasing demand for industrial plant maintenance management solutions from small and medium-sized enterprises (SMEs) due to the growing awareness of the benefits of such solutions.
- The increasing adoption of Industrial Internet of Things (IIoT) and big data analytics in industrial plant maintenance management, which is helping organizations to improve their operational efficiency and reduce costs.
- The growing demand for cloud-based industrial plant maintenance management solutions due to their lower Total Cost of Ownership (TCO) and easy deployment/integration capabilities.
- The increasing use of mobile devices for real-time monitoring and troubleshooting in industrial plants, which is driving the demand for Industrial Plant Maintenance Management Solution market5 Increased focus on safety by end users across different industries is also expected to drive the growth prospects for this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Plant Maintenance Management Solution Market Research Report
By Type
Cloud-Based, On-Premise
By Application
Oil and Gas, Power and Energy, Chemicals, Food and Beverages, Pharmaceutical, Automotive, Others
By Companies
Fiix Inc., Mapcon Technologies, Hippo CMMS, HEXAGON, MicroMain Corporation, Fluke Corporation, TMA Systems, Advanced Technology Services, Inc., Intergraph Corporation, SMGlobal Inc, Planon, DPSI, ManagerPlus, Pronghorn
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Plant Maintenance Management Solution Market Report Segments:
The global Industrial Plant Maintenance Management Solution market is segmented on the basis of:
Types
Cloud-Based, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas, Power and Energy, Chemicals, Food and Beverages, Pharmaceutical, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fiix Inc.
- Mapcon Technologies
- Hippo CMMS
- HEXAGON
- MicroMain Corporation
- Fluke Corporation
- TMA Systems
- Advanced Technology Services, Inc.
- Intergraph Corporation
- SMGlobal Inc
- Planon
- DPSI
- ManagerPlus
- Pronghorn
Highlights of The Industrial Plant Maintenance Management Solution Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-Based
- On-Premise
- By Application:
- Oil and Gas
- Power and Energy
- Chemicals
- Food and Beverages
- Pharmaceutical
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Plant Maintenance Management Solution Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial plant maintenance management solution is a software that helps organizations to manage their industrial plants. It includes features such as scheduling, tracking, and reporting of plant operations.
Some of the key players operating in the industrial plant maintenance management solution market are Fiix Inc., Mapcon Technologies, Hippo CMMS, HEXAGON, MicroMain Corporation, Fluke Corporation, TMA Systems, Advanced Technology Services, Inc., Intergraph Corporation, SMGlobal Inc, Planon, DPSI, ManagerPlus, Pronghorn.
The industrial plant maintenance management solution market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Plant Maintenance Management Solution Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Plant Maintenance Management Solution Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Plant Maintenance Management Solution Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Plant Maintenance Management Solution Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Plant Maintenance Management Solution Market Size & Forecast, 2018-2028
4.5.1 Industrial Plant Maintenance Management Solution Market Size and Y-o-Y Growth
4.5.2 Industrial Plant Maintenance Management Solution Market Absolute $ Opportunity
Chapter 5 Global Industrial Plant Maintenance Management Solution Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Plant Maintenance Management Solution Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Plant Maintenance Management Solution Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Plant Maintenance Management Solution Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Power and Energy
6.2.3 Chemicals
6.2.4 Food and Beverages
6.2.5 Pharmaceutical
6.2.6 Automotive
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Plant Maintenance Management Solution Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Plant Maintenance Management Solution Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Plant Maintenance Management Solution Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Plant Maintenance Management Solution Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Plant Maintenance Management Solution Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Plant Maintenance Management Solution Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Power and Energy
9.10.3 Chemicals
9.10.4 Food and Beverages
9.10.5 Pharmaceutical
9.10.6 Automotive
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Plant Maintenance Management Solution Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Plant Maintenance Management Solution Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Plant Maintenance Management Solution Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Plant Maintenance Management Solution Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Power and Energy
10.10.3 Chemicals
10.10.4 Food and Beverages
10.10.5 Pharmaceutical
10.10.6 Automotive
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Plant Maintenance Management Solution Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Plant Maintenance Management Solution Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Plant Maintenance Management Solution Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Plant Maintenance Management Solution Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Power and Energy
11.10.3 Chemicals
11.10.4 Food and Beverages
11.10.5 Pharmaceutical
11.10.6 Automotive
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Plant Maintenance Management Solution Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Plant Maintenance Management Solution Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Plant Maintenance Management Solution Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Plant Maintenance Management Solution Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Power and Energy
12.10.3 Chemicals
12.10.4 Food and Beverages
12.10.5 Pharmaceutical
12.10.6 Automotive
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Plant Maintenance Management Solution Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Plant Maintenance Management Solution Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Plant Maintenance Management Solution Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Plant Maintenance Management Solution Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Power and Energy
13.10.3 Chemicals
13.10.4 Food and Beverages
13.10.5 Pharmaceutical
13.10.6 Automotive
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Plant Maintenance Management Solution Market: Competitive Dashboard
14.2 Global Industrial Plant Maintenance Management Solution Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fiix Inc.
14.3.2 Mapcon Technologies
14.3.3 Hippo CMMS
14.3.4 HEXAGON
14.3.5 MicroMain Corporation
14.3.6 Fluke Corporation
14.3.7 TMA Systems
14.3.8 Advanced Technology Services, Inc.
14.3.9 Intergraph Corporation
14.3.10 SMGlobal Inc
14.3.11 Planon
14.3.12 DPSI
14.3.13 ManagerPlus
14.3.14 Pronghorn
