{"id":277684,"date":"2018-10-15T09:00:10","date_gmt":"2018-10-15T09:00:10","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=277684"},"modified":"2018-10-15T09:00:10","modified_gmt":"2018-10-15T09:00:10","slug":"plant-asset-management-pam-market-2018-global-industry-analysis-by-size-share-growth-factors-competitive-landscape-with-regional-forecast-to-2022","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/plant-asset-management-pam-market-2018-global-industry-analysis-by-size-share-growth-factors-competitive-landscape-with-regional-forecast-to-2022_277684.html","title":{"rendered":"Plant Asset Management (PAM) Market 2018 Global Industry Analysis By Size, Share, Growth Factors, Competitive Landscape, With Regional Forecast To 2022"},"content":{"rendered":"<div style=\" width:250px; padding:8px 10px 10px 10px; float:right;\"><a href=\"https:\/\/www.abnewswire.com\/pressreleases\/wp-content\/uploads\/2018\/10\/1539606257.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"image\" src=\"https:\/\/www.abnewswire.com\/pressreleases\/wp-content\/uploads\/2018\/10\/1539606257.jpeg\" alt=\"\" width=\"225\" height=\"\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/p>\n<div class=\"quotes\" style=\" font-weight:bold; font-style:italic;\">\n<div>&#8220;Plant Asset Management (PAM) Market&#8221;<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">Plant Asset Management Market, by Application (Chemical, Pharmaceutical, Mining, Petrochemical), by Type (Hardware, Software), by Services (Performance management, monitoring &#038; Controlling, Content management) &#8211; Forecast 2022<\/div>\n<p><strong>Market Highlights:<\/strong><\/p>\n<p>Market Research Future (MRFR) has disclosed in its latest report that the global plant asset management market will exhibit steep growth at a striking CAGR of 10% during the forecast period 2016 to 2022. The report further reveals that the valuation of the market will reach USD 420 Mn by the end of 2022. The embracement of plant asset management assures the efficiency of the organization which amplifies the demand for plant asset management by industry leaders.<\/p>\n<p>Plant asset management solutions enable the enterprises for adapting to the changing market trends without compromising on the quality of products or services. The integration of IT infrastructure with operations of business empowers the plant asset management solutions to improve the performance of the enterprise. Furthermore, the cloud-based deployment will fuel growth due to large-scale penetration of IoT.<\/p>\n<p><strong>Get a Sample Report @ <a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/sample_request\/1788\">https:\/\/www.marketresearchfuture.com\/sample_request\/1788<\/a> <\/strong><\/p>\n<p><strong>Major Key Players<\/strong><\/p>\n<ul>\n<li>ABB Ltd. (Switzerland),<\/li>\n<li>Rockwell Automation, Inc. (U.S.),<\/li>\n<li>IBM Corporation (U.S.),<\/li>\n<li>Endress +Hauser (Switzerland),<\/li>\n<li>Honeywell International, Inc. (U.S.),<\/li>\n<li>Emerson Electric Company (U.S.),<\/li>\n<li>Siemens AG (Germany),<\/li>\n<li>Hitachi Ltd. (Japan),<\/li>\n<li>Dassault Systemes (France),<\/li>\n<li>Plant Asset Management (Petrofac) (UK).<\/li>\n<\/ul>\n<p>The competitive landscape of the market reveals that the players employ strategies such as collaborations, expansion of product portfolios, acquisitions &amp; mergers, innovation, etc. for strengthening foothold in the market.<\/p>\n<p>Endress +Hauser has launched The SmartBlue App for convenient and secure access to the devices that are difficult to reach or are placed in hazardous places. The German institute Fraunhofer has approved the system. The application is based on Bluetooth&reg; wireless technology and helps to access machinery within a radius of 20 meters.<\/p>\n<p>Globally the Industry for <a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/reports\/plant-asset-management-market-1788\">Plant Asset Management Market<\/a> is expected to <strong>grow at the rate of more than 10%<\/strong> from 2016 to 2022.<\/p>\n<p>The strict laws implemented by the governments mandate the compliance of quality level for industry goods which can be assured by the use of plant asset management solutions. Therefore, the adoption of the technology has accelerated over a short span of time and will persistently thrive across the assessment period.<\/p>\n<p>The complex installation process, high initial cost, need for periodic upgradation, etc. will restrict the growth and adversely affect the expansion rate of the market.<\/p>\n<p><strong>Segmentation:<\/strong><\/p>\n<p>By type, the Plant asset management market has been segmented into hardware, and, software.<\/p>\n<p>By services, the market is segmented into performance management, monitoring &amp; controlling, information management, device configuration, and, content management.<\/p>\n<p>By application, the market has been segmented into energy &amp; power, petrochemical, Chemical, mining, food &amp; beverage, and, pharmaceutical.<\/p>\n<p><strong>Regional Analysis:<\/strong><\/p>\n<p>By region, the market has been segmented into North America, Europe, Asia Pacific, and, Middle East &amp; Africa. North America market will be the primary revenue contributor in the global market. Industrialization started early in this region, and, with the advancements in technology, the sector has been evolving for betterment. The need for obtaining optimum performances from industries has facilitated the adoption of plant asset management in the market. The key driver of the market is the demand from aging plants that require to be integrated with plant asset management solution for efficient performances.<\/p>\n<p>Asia Pacific is poised to be the second largest market for plant asset management due to the focus of the region towards rapid industrialization. The economies of the region are being pushed to be self-sufficient by making way for industrialization. Therefore, application of plant asset management comes naturally to the industry leaders for making the best use of the resources available. Europe region trails Asia Pacific in terms of revenue generated from the market. The benefits of utilization of plant asset management such as optimum performance, lower cost, adaption with changes in the market, etc. are fueling demand in Europe. The robust growth to be witnessed in the global market over the next couple of years will push the demand to grow in the Middle East &amp; Africa region.<\/p>\n<p><strong>Browse Complete Report @<\/strong> <strong><a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/reports\/plant-asset-management-market-1788\">https:\/\/www.marketresearchfuture.com\/reports\/plant-asset-management-market-1788<\/a><\/strong><\/p>\n<p><strong>Target Audience:<\/strong><\/p>\n<ul>\n<li>Design engineering information management<\/li>\n<li>Supply chain vendors<\/li>\n<li>Research &amp; consultants<\/li>\n<li>PAM software solution providers<\/li>\n<li>Retailer and distributor<\/li>\n<li>Government<\/li>\n<\/ul>\n<p><strong>Table of Content<\/strong><\/p>\n<p>11. Company profile<\/p>\n<p>11.1 ABB Ltd. (Switzerland)<\/p>\n<p>11.1.1. Company Overview<\/p>\n<p>11.1.2. Product\/Business Segment Overview<\/p>\n<p>11.1.3. Financials<\/p>\n<p>11.1.4. Key Developments<\/p>\n<p>11.2 Emerson electric company (U.S.)<\/p>\n<p>11.2.1. Company Overview<\/p>\n<p>11.2.2. Product\/Business Segment Overview<\/p>\n<p>11.2.3. Financials<\/p>\n<p>11.2.4. Key Developments<\/p>\n<p>11.3 Rockwell automation, Inc. (U.S.)<\/p>\n<p>11.3.1. Company Overview<\/p>\n<p>Continued&hellip;..<\/p>\n<p><strong>List of Tables<\/strong><\/p>\n<p>TABLE 1 GLOBAL PLANT ASSET MANAGEMENT MARKET (USD BILLION)<\/p>\n<p>TABLE 2 GLOBAL PLANT ASSET MANAGEMENT MARKET, BY TYPE<\/p>\n<p>TABLE 3 GLOBAL HARDWARE MARKETS, BY REGION<\/p>\n<p>TABLE 4 GLOBAL SOFTWARE MARKET, BY REGION<\/p>\n<p>TABLE 5 GLOBAL PLANT ASSET MANAGEMENT MARKET, BY APPLICATION<\/p>\n<p>Continued&hellip;..<\/p>\n<p><strong>Browse Press Release @ <a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/press-release\/global-plant-asset-management-industry\">https:\/\/www.marketresearchfuture.com\/press-release\/global-plant-asset-management-industry<\/a> <\/strong><\/p>\n<p><strong>List of Figures<\/strong><\/p>\n<p>FIGURE 1 RESEARCH PROCESS<\/p>\n<p>FIGURE 2 DRIVERS OF GLOBAL PLANT ASSET MANAGEMENT MARKET<\/p>\n<p>FIGURE 3 GLOBAL PLANT ASSET MANAGEMENT MARKET: BY TYPE (%)<\/p>\n<p>FIGURE 4 GLOBAL PLANT ASSET MANAGEMENT MARKET: BY APPLICATION (%)<\/p>\n<p>Continued&hellip;.<\/p>\n<p><strong>About Market Research Future:<\/strong><\/p>\n<p>At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research &amp; Consulting Services.<\/p>\n<p>MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> Market Research Future<br \/><strong>Contact Person:<\/strong> Abhishek Sawant<br \/><strong>Email:<\/strong> <a href='http:\/\/www.universalpressrelease.com\/?pr=plant-asset-management-pam-market-2018-global-industry-analysis-by-size-share-growth-factors-competitive-landscape-with-regional-forecast-to-2022&#038;type=pra'>Send Email<\/a><br \/><strong>Phone:<\/strong> +1 646 845 9312<br \/><strong>Address:<\/strong>Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar  <br \/><strong>City:<\/strong> Pune<br \/><strong>State:<\/strong> Maharashtra<br \/><strong>Country:<\/strong> India<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.marketresearchfuture.com\/reports\/plant-asset-management-market-1788\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.marketresearchfuture.com\/reports\/plant-asset-management-market-1788<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.marketresearchfuture.com\/reports\/plant-asset-management-market-1788\" style=\"width:605px; height:400px;\"><\/object><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=plant-asset-management-pam-market-2018-global-industry-analysis-by-size-share-growth-factors-competitive-landscape-with-regional-forecast-to-2022\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Plant Asset Management (PAM) Market&#8221; Plant Asset Management Market, by Application (Chemical, Pharmaceutical, Mining, Petrochemical), by Type (Hardware, Software), by Services (Performance management, monitoring &#038; Controlling, Content management) &#8211; Forecast 2022 Market Highlights: Market Research Future (MRFR) has disclosed in &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/plant-asset-management-pam-market-2018-global-industry-analysis-by-size-share-growth-factors-competitive-landscape-with-regional-forecast-to-2022_277684.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401],"tags":[],"class_list":["post-277684","post","type-post","status-publish","format-standard","hentry","category-Business"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/277684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=277684"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/277684\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=277684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=277684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=277684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}