Global Predictive Maintenance Market - Competition Forecast & Opportunities, 2012 - 2022

NEW YORK, Oct. 12, 2017 /PRNewswire/ -- Global Predictive Maintenance Market By Component (Service Vs. Solutions), By Deployment Type (On Premise Vs Cloud), By End User (Manufacturing, Energy & Utilities, Transportation, Government & Defense, Healthcare, and Others), Competition Forecast & Opportunities, 2012 – 2022

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Global predictive maintenance market stood is expected to cross $7.9 billion by 2022. Predictive maintenance has given an edge to the companies as they can predict the condition of in-service equipment, and can also predict the estimated time for maintenance, which prevents any untimely breakdown that may result in operational income losses.

According to "Global Predictive Maintenance Market By Component, By Deployment Type, By End User, Competition Forecast & Opportunities, 2012 – 2022", the global predictive maintenance market is to grow at a healthy CAGR till 2022. Growing industrialisation, increasing use of technologically advanced machines and equipment, rising focus towards reducing the operational costs and surging competition have paved the way for predictive maintenance, globally.

General Electric Company, Siemens AG, Microsoft Corporation, International Business Machines (IBM) Corporation, Thales S.A., Emerson Electric Co., Bosch Software Innovations GmbH, Dell Technologies, Inc., PTC Inc., Honeywell International, Inc., Rockwell Automation, nc., Schneider Electric, Software AG, SAS Institute Inc. (SAS), ABB Ltd, Altizon Systems Pvt. Ltd, SAS Institute Inc. (SAS), Augury Inc., C3 IOT, Warwick Analytics, etc. are some leading players in the market.

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