UK Industrial Asset Management Market Size & Outlook
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UK industrial asset management market highlights
- The UK industrial asset management market generated a revenue of USD 8,805.7 million in 2024 and is expected to reach USD 27,705.0 million by 2030.
- The UK market is expected to grow at a CAGR of 21.5% from 2025 to 2030.
- In terms of segment, services was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Industrial asset management market data book summary
| Market revenue in 2024 | USD 8,805.7 million |
| Market revenue in 2030 | USD 27,705.0 million |
| Growth rate | 21.5% (CAGR from 2025 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | ABB Ltd ADR, Accruent, Asset Panda, AssetWorks, GE Vernova Inc, GoCodes, Hexagon AB ADR, Hitachi Energy, Honeywell International Inc, International Business Machines Corp, Oracle Corp, Rockwell Automation Inc, SAP SE, Schneider Electric SE, Siemens AG |
Other key industry trends
- In terms of revenue, UK accounted for 4.8% of the global industrial asset management market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany industrial asset management market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 27,705.0 million by 2030.
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Industrial Asset Management Market Scope
Industrial Asset Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GoCodes | View profile | 1-10 | Minnetonka, Minnesota, United States, North America | https://gocodes.com |
| Asset Panda | View profile | 51-100 | Frisco, Texas, United States, North America | https://www.assetpanda.com |
| AssetWorks | View profile | 5001-10000 | Wayne, Pennsylvania, United States, North America | https://www.assetworks.com/ |
| Accruent | View profile | 1001-5000 | Austin, Texas, United States, North America | http://www.accruent.com |
| Hitachi Energy | View profile | 10001+ | Zürich, Zurich, Switzerland, Europe | https://www.hitachienergy.com/ |
| ABB Ltd ADR | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Hexagon AB ADR | View profile | 24091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | https://www.hexagon.com |
| GE Vernova Inc | View profile | - | 58 Charles Street, Cambridge, MA, United States, | https://www.gevernova.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.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 |
| 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 |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
UK industrial 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 industrial asset management market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 54.34% in 2024. Horizon Databook has segmented the UK industrial asset management market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of industrial 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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Horizon Databook provides a detailed overview of country-level data and insights on the UK industrial asset management market , including forecasts for subscribers. This country databook contains high-level insights into UK industrial asset management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK Component - Industrial Asset Management Market size, 2024 - 2030 (US$M)
UK Industrial Asset Management Market Outlook Share, 2024 & 2030 (US$M)
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