Pune, India -- (SBWIRE) -- 06/12/2017 -- Global Plant Asset Management Market, by Application (Chemical, Pharmaceutical, Mining, Petrochemical), by Type (Hardware, Software), by Services (Performance management, monitoring & Controlling, Content management) - Forecast 2022

Plant asset management is the process of optimizing field devices and monitoring information used to integrate with business operations and IT infrastructure. This improves the business operating performance and also reduces maintenance cost and paper work. Major companies such as IBM, Rockwell Automation, and Siemens among others are providing asset management solutions to improve the overall performance of the enterprises.

The major factor that drives the growth of plant asset management market is growing awareness about low cost manufacturing plants, changing consumer needs, rising new business models for enterprise asset management and increasing trends of merging IT and operational technology among others.

Globally the market for plant asset management market is expected to grow at the rate of more than ~10% from 2016 to 2022.

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Some of the major players in Global Plant asset management Market include
-ABB Ltd. (Switzerland)
-Emerson electric company (U.S.)
-Rockwell automation, Inc. (U.S.)
-Siemens AG (Germany)
-IBM Corporation (U.S.)
-Hitachi Ltd. (Japan)
-Endress +Hauser (Switzerland)
-Dassault Systemes (France)
-Honeywell International, Inc. (U.S.)
-Plant Asset Management (Petrofac) (UK)

North-America is dominating the Plant asset management market with the largest market share due to growing consumer concern to enhance aging plant assets performance and therefore is expected to grow with highest revenue by 2022. Asia-Pacific is expected to be the second largest market for plant asset management followed by Europe region during forecast period.

Target Audience:
-Design engineering information management
-Supply chain vendors
-Research & consultants
-PAM software solution providers
-Retailer and distributor
-Government

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Table of Contents
1. Report prologue
2. Introduction
2.1 Definition
2.2 Scope of the study
2.2.1 Research objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market structure
3. Research Methodology
3.1 Research process
3.2 Primary research
3.3 Secondary research
3.4 Market size estimation
3.5 Forecast model
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
5. Market factor analysis
5.1 Value chain analysis/Supply chain analysis
5.2 Porters five forces
5.2.1. Bargaining Power of suppliers
5.2.2. Bargaining Power of Customer
5.2.3. Intensity of Competitor's
5.2.4. Threat of New Entrants
5.2.5 Threat of Substitutes

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6. Global Plant Asset Management Market: By Type
6.1. Introduction
6.2. Market Sub-segments
6.2.1. Hardware
6.2.2. Software
6.2.3. Others
7. Global Plant Asset Management Market, by Services
7.1. Introduction
7.2. Market Sub-segments
7.2.1. Performance management
7.2.2. Monitoring & controlling
7.2.3. Information management
7.2.4. Device configuration
7.2.5. Content management
7.2.6. Others
8. Global Plant Asset Management Market, by Application
8.1. Introduction
8.2. Market Sub-segments
8.2.1. Energy & power
8.2.2. Petrochemical
8.2.3. Chemical
8.2.4. Mining
8.2.5. Food & beverage
8.2.6. Pharmaceutical
8.2.8. Others
9. Global Plant Asset Management Market, by Region
9.1. Introduction
9.1.1. North America
9.1.1.1. U.S.
9.1.1.2. Canada
9.1.2. Europe
9.1.2.1. Germany
9.1.2.2. France
9.1.2.3. UK
9.1.2.4. Italy
9.1.2.5. Spain
9.1.2.6. Rest of Europe
9.1.3. Asia-Pacific
9.1.3.1. Japan
9.1.3.2. China
9.1.3.3. India
9.1.3.4. South Korea
9.1.3.5. Rest of Asia-Pacific
9.1.4. Middle East & Africa
10. Competitive landscape
10.1. Introduction
10.1.1. Mergers & Acquisitions
10.1.2. Collaborations
10.1.3. Releases/New Product launches
10.1.4. Other (Expansion/ Updates/Partnerships)
11. Company profile
11.1 ABB Ltd. (Switzerland)
11.1.1. Company Overview
11.1.2. Product/Business Segment Overview
11.1.3. Financials
11.1.4. Key Developments
11.2 Emerson electric company (U.S.)
11.2.1. Company Overview
11.2.2. Product/Business Segment Overview
11.2.3. Financials
11.2.4. Key Developments
11.3 Rockwell automation, Inc. (U.S.)
11.3.1. Company Overview
11.3.2. Product/Business Segment Overview
11.3.3. Financials
11.3.4. Key Developments
11.4 Siemens AG (Germany)
11.4.1. Company Overview
11.4.2. Product/Business Segment Overview
11.4.3. Financials
11.4.4. Key Developments
11.5 IBM Corporation (U.S.)
11.5.1. Company Overview
11.5.2. Product/Business Segment Overview
11.5.3. Financials
11.5.4. Key Developments
11.6 Hitachi Ltd. (Japan)
11.6.1. Company Overview
11.6.2. Product/Business Segment Overview
11.6.3. Financials
11.6.4. Key Developments
11.7 Endress +Hauser (Switzerland)
11.7.1. Company Overview
11.7.2. Product/Business Segment Overview
11.7.3. Financials
11.7.4. Key Developments
11.8 Dassault Systemes (France)
11.8.1. Company Overview
11.8.2. Product/Business Segment Overview
11.8.3. Financials
11.8.4. Key Developments
11.9 Honeywell International, Inc. (U.S.)
11.9.1. Company Overview
11.9.2. Product/Business Segment Overview
11.9.3. Financials
11.9.4. Key Developments
11.10 Plant Asset Management (Petrofac) (UK)
11.10.1. Company Overview
11.10.2. Product/Business Segment Overview
11.10.3. Financials
11.10.4. Key Developments
12. MRFR Conclusion
13. Appendix