DUBLIN, May 17, 2019 /PRNewswire/ -- The "Plant Asset Management Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.
The plant asset management market is projected to grow at a CAGR of 8.58% to reach US$10.091 billion by 2024, from US$6.159 billion in 2018.
The growing global competition is leading to firms in different industry verticals to engage in strategies that enable them to generate higher profits. As such, the demand for plant asset management solutions is increasing on account of its ability to generate significant cost saving for the manufacturers by enabling system integration, improving interoperability, and overall operational monitoring.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market.
The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Major industry players profiled as part of the report are Siemens AG, ABB, Endress+Hauser Management AG, and Emerson Electric Co. among others.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Force Analysis
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Plant Asset Management Market by Offering
6. Plant Asset Management Market by Deployment
7. Plant Asset Management Market by Industry Vertical
7.1. Food and Beverage
7.4. Oil & Gas
7.6. Energy & Power
8. Plant Asset Management Market by Geography
8.1. North America
8.2. South America
8.3.3. United Kingdom
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.5. Asia Pacific
9. Competitive Intelligence
9.1. Competition and Offerings Analysis of Key Vendors
9.2. Recent Investment and Deals
9.3. Strategies of Key Players
10. Company Profiles
10.1. Endress+Houser Management Ag
10.2. Rockwell Automation, Inc.
10.3. Emerson Electric Co.
10.5. Yokogawa Electric Corporation
10.6. Siemens Ag
10.7. General Electric Company
10.8. Petrofac Limited
10.9. Honeywell International, Inc.
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SOURCE Research and Markets