UAE Plant Asset Management Market Size & Outlook
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UAE plant asset management market highlights
- The UAE plant asset management market generated a revenue of USD 126.7 million in 2024 and is expected to reach USD 340.4 million by 2030.
- The UAE market is expected to grow at a CAGR of 19% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Plant asset management market data book summary
| Market revenue in 2024 | USD 126.7 million |
| Market revenue in 2030 | USD 340.4 million |
| Growth rate | 19% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Siemens AG, ABB Ltd, Schneider Electric SE, Honeywell International Inc, Emerson Electric Co, Rockwell Automation Inc, General Electric, International Business Machines Corp, Bentley Systems Inc Ordinary Shares - Class B, Yokogawa Electric Corp. |
Other key industry trends
- In terms of revenue, UAE accounted for 1.7% of the global plant asset management market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia plant asset management market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 340.4 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 |
UAE 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 70.24% in 2024. Horizon Databook has segmented the UAE plant asset management market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the UAE plant asset management market , including forecasts for subscribers. This country databook contains high-level insights into UAE plant asset management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE plant asset management market size, by component, 2018-2030 (US$M)
UAE Plant Asset Management Market Outlook Share, 2024 & 2030 (US$M)
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