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)
$60,126.2
CAGR, 2024 - 2030
29.5%
Report Coverage
Worldwide
Global predictive maintenance market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 9,843.5 million |
| Market revenue in 2030 | USD 60,126.2 million |
| Growth rate | 29.5% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, 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 Scope
Predictive maintenance market segmentation & scope
Others
Others
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
- Solution
- 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
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Our clientele includes a mix of predictive maintenance 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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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.
Partial client list
Global predictive maintenance market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Predictive maintenance market size, 2023 (USD Million)
Top 10 countries: Predictive maintenance market size, 2023 (USD Million)
Global predictive maintenance market, by region, 2023 (US$M)
Related regional statistics
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