Asset Reliability Software & Services

Publish Date

This market research study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and a select group of countries.

Overview

Proactive Asset Management Yields Higher Profit Margins

According to ARC research, increasing asset reliability is the second highest priority reported by end user clients.  The market for asset reliability software and services has been bullish for the last two decades for this reason.  Ensuring asset reliability begins by utilizing the lessons learned in the operate-and-maintain phase of an asset’s lifecycle and leveraging that information in the design/build phase and continues throughout the operational life of the asset. 

Executives are expressing greater concern regarding operational risk.  The ability to identify and reduce risk is challenging and represents a leading business concern for many industrial organizations today.  Reports indicate that enterprises that proactively manage risk through strategically aligned methods such as asset reliability yield greater profit margins.   The increased volume of data required for effective asset reliability represents Big Data that must be analyzed to provide value.  Accurate, timely information to support informed decisions is the lifeblood of asset reliability and, as a result, analytics are quickly becoming an indispensable tool to help ensure an asset’s reliability.

Strategic Issues

Solution creep from tangential solutions are creating confusion in the asset reliability market.  Due to this encroachment, the importance of messaging and differentiation is critical for success, spurring questions such as: 

  • How should suppliers demonstrate value?
  • How does reliability utilize analytics?
  • How critical is integration expertise?
  • What impact does APM maturity have on sales levels?
  • Where does reliability fit in the Industrial Internet of Things?
  • How will asset reliability solutions evolve?

Download Study Brochure: Asset Reliability Software & Services

Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:  

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
China No No
India No No

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Executive Summary

  • Major Trends
  • Regional Trends
  • Industry Trends
  • End User Trends
  • Strategies for Success
Scope
 
Market Shares List of Figures
 
  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Revenue Category
    • Software
    • Services
  • Market Shares by Industry
    • Aerospace & Defense
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Food & Beverage
    • Mining & Metals
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Transportation
    • Water & Wastewater

Market Forecast List of Figures

  • Total Asset Reliability Software & Services Business
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category
    • Software
    • Services
  • Shipments by Industry
    • Aerospace & Defense
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Food & Beverage
    • Mining & Metals
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Transportation
    • Water & Wastewater
  • Shipments by Methodology
    • Qualitative Reliability-Centered Maintenance
    • Risk-Based Maintenance
    • Integrity Management
    • Instrument Calibration Management
    • Regulatory Integrity Level Analysis
    • Spares and Inventory Management
    • Reliability, Availability, and Maintainability
    • Root Cause Analysis
    • Lifecycle Costing
    • Reliability Analytics
    • Master Data Management
    • Preventative Maintenance
  • Shipments by Sales Channel
  • Software Revenues by Deployment
    • Licensed to End User
    • Licensed to Service Provider
    • SaaS
  • Software Revenues by Installation Type
    • Stand-alone
    • Multi-client
  • Service Revenues by Type
    • Reliability Strategy and Planning
    • Implementation
    • Training
    • Software Support, Maintenance, and Upgrades

Supplier Profiles

Profiles for the major suppliers servicing this market are included.

Regional Research Focus Areas

Executive Overview

Scope

Market Share Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market Forecast Analysis 

  • Market Forecast by Country
  • Market Forecast by Industry

Leading Supplier Profiles

List of countries included in each region: MIRA-Country

Country Research Focus Areas

Please contact ARC for the countries available for this study.