Asset Performance Management Market - Top Companies and Manufacturers

Companies Dominating the Asset Performance Management Landscape

Numerous important companies in the asset performance management market are starting several tactical projects to increase their market share and strengthen their positions in the industry. It is predicted that the top five companies will control the majority of the market share by taking calculated risks, expanding, forming agreements, and participating in joint ventures.

Emerson Electric Co.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Honeywell International, Inc.
ABB
Aspen Technology, Inc.
AVEVA Group plc
Bentley Systems, Incorporated
GE Digital
Rockwell Automation, Inc.
SAP SE
SAS Institute, Inc.
Total Resource Management, Inc.
Siemens Energy AG

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Asset Performance Management Market Size & Share, Global Report 2036

In the News

In April 2024, Total Resource Management, Inc. announced a partnership with Aspen Technology, Inc. to encourage and Support Predictive Maintenance (PdM) and Asset Performance Management (APM) Initiatives that boost output and proactively handle problems that have an impact on the performance of businesses.
In November 2023, ABB introduced the digital asset performance management platform Ability SmartMaster to verify and keep an eye on the status of field devices and equipment in the water, wastewater, chemical, oil, gas, and other sectors in India.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of asset performance management was over USD 22.4 billion.

The market size for asset performance management is projected to cross USD 66.9 billion by the end of 2036 expanding at a CAGR of 8.7% during the forecast period i.e., between 2024-2036.

The major players in the market are Honeywell International, Inc., ABB, Aspen Technology, Inc., AVEVA Group plc, Bentley Systems, Incorporated, GE Digital, Rockwell Automation, Inc., SAP SE, SAS Institute, Inc., Total Resource Management, Inc., Siemens Energy AG, and others.

In terms of deployment, the hosted segment is anticipated to account for the largest market share of 65.1% during 2024-2036.

The North America asset performance management sector is poised to hold the highest share of 35.5% by 2036.

Asset Performance Management Market - Top Companies and Manufacturers

Companies Dominating the Asset Performance Management Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the asset performance management industry?

What is the outlook for the asset performance management market?

Who are the major players dominating the asset performance management landscape?

Which deployment segment captures the significant market share for asset performance management by 2036?

Which region will provide more opportunities for the asset performance management business in near future?