Market Executive Summary

Asset Performance Management (APM) is a concept that refers to the use of software, data, and analytics to optimize the performance, efficiency, and reliability of physical assets, such as machines, equipment, and infrastructure. APM aims to reduce the operational costs, risks, and downtime of assets, as well as to improve their quality, safety, and productivity. APM involves various processes and activities, such as asset monitoring, diagnosis, prediction, prescription, optimization, and maintenance .

Market Analysis and Insights: Global Asset Performance Management (APM) Market

The global Asset Performance Management (APM) market is projected to grow from US$ 4194.8 million in 2024 to US$ 8315.3 million by 2030, at a Compound Annual Growth Rate (CAGR) of 12.1% during the forecast period.

The industry trend of APM is expected to be positive, as the global market is projected to grow at a CAGR of 10.1% from 2020 to 2025. The main factors driving the market growth are the increasing demand for APM in various sectors, such as manufacturing, energy, transportation, and utilities, the rising adoption of cloud computing, artificial intelligence, and internet of things (IoT) technologies, and the growing innovation and research in APM applications. Some of the key applications of APM in the manufacturing sector include production planning, quality control, and predictive maintenance. APM can help improve the productivity, quality, and sustainability of manufacturing processes . In the energy sector, APM is used for power generation, transmission, distribution, and consumption. APM can help enhance the efficiency, reliability, and security of energy systems . In the transportation sector, APM is used for vehicle operation, maintenance, and optimization. APM can help reduce the cost, risk, and environmental impact of transportation systems . In the utilities sector, APM is used for water supply, wastewater treatment, and waste management. APM can help improve the livability, safety, and resilience of urban systems .

Report Covers:

This report presents an overview of global market for Asset Performance Management (APM) market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030. 

This report researches the key producers of Asset Performance Management (APM), also provides the revenue of main regions and countries.  of the upcoming market potential for Asset Performance Management (APM), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Asset Performance Management (APM) revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Asset Performance Management (APM) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Asset Performance Management (APM) revenue, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including GE, Schneider Electric, ARC Advisory Group, Bentley Systems, AspenTech, ABB, Nexus Global, SAP and IBM, etc.

Market Segmentation

Global Asset Performance Management (APM) Companies Covered

GE, Schneider Electric, ARC Advisory Group, Bentley Systems, AspenTech, ABB, Nexus Global, SAP, IBM, UpKeep, Aveva, Siemens, Infor, Oracle

Global Asset Performance Management (APM) Market, by Region

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Asset Performance Management (APM) Market, Segment by Type

Asset Integrity Management

Asset Reliability Management

Global Asset Performance Management (APM) Market, Segment by Application

Aerospace & Defense

Automotive & Transportation

Machine Manufacturing

Energy & Utilities

Others

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Revenue of Asset Performance Management (APM) in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Asset Performance Management (APM) companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.

Chapter 7: Europe by Type, by Application and by country, revenue for each segment.

Chapter 8: China by Type, and by Application, revenue for each segment.

Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.

Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.

Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Asset Performance Management (APM) revenue, gross margin, and recent development, etc.

Chapter 12: Analyst's Viewpoints/Conclusions