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Condition Monitoring and Predictive Maintenance (PdM) Software Market, Global Outlook and Forecast 2024-2030

The global Condition Monitoring and Predictive Maintenance (PdM) Software market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Infrared Thermography Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Condition Monitoring and Predictive Maintenance (PdM) Software include Advantech, FineTek, MachineSaver, STEGO, Acellent Technologies, Archer First Response Systems, Artesis, BTECH and Crystal, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Condition monitoring and predictive maintenance software is deployed in predicting equipment maintenance needs. It monitors corrosion, oil condition, bearing wear, overheating, and other settings leading to potential breakdown. The goal of condition monitoring is to identify components for repair before they fail. The software's ability to monitor machinery permits plant personnel to preempt catastrophic failures. It also assists in advance parts ordering, scheduling of manpower, and facilitates the planning of repairs during downtime.
This report aims to provide a comprehensive presentation of the global market for Condition Monitoring and Predictive Maintenance (PdM) Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Condition Monitoring and Predictive Maintenance (PdM) Software. This report contains market size and forecasts of Condition Monitoring and Predictive Maintenance (PdM) Software in global, including the following market information:
Global Condition Monitoring and Predictive Maintenance (PdM) Software Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
We surveyed the Condition Monitoring and Predictive Maintenance (PdM) Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Condition Monitoring and Predictive Maintenance (PdM) Software Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Condition Monitoring and Predictive Maintenance (PdM) Software Market Segment Percentages, by Type, 2023 (%)
Infrared Thermography
Motor Health Monitoring and Analysis
Vibration Analysis and Diagnostics
Material Thickness and Flaw Testing
Others
Global Condition Monitoring and Predictive Maintenance (PdM) Software Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Condition Monitoring and Predictive Maintenance (PdM) Software Market Segment Percentages, by Application, 2023 (%)
Energy
Semiconductor
Medical
Transport
Astronomy
Others
Global Condition Monitoring and Predictive Maintenance (PdM) Software Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Condition Monitoring and Predictive Maintenance (PdM) Software Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Condition Monitoring and Predictive Maintenance (PdM) Software revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Condition Monitoring and Predictive Maintenance (PdM) Software revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Advantech
FineTek
MachineSaver
STEGO
Acellent Technologies
Archer First Response Systems
Artesis
BTECH
Crystal
Dynapar
Falkonry
HanAra Software
iQunet
Ketos
Metcal
Petasense
Roxar
Senseye
Smart Equipment
Tend
Vibrant Technology
ABB
GE
Honeywell
Iflytek
Huawei
HongKe
NeuCloud
Outline of Major Chapters:
Chapter 1: Introduces the definition of Condition Monitoring and Predictive Maintenance (PdM) Software, market overview.
Chapter 2: Global Condition Monitoring and Predictive Maintenance (PdM) Software market size in revenue.
Chapter 3: Detailed analysis of Condition Monitoring and Predictive Maintenance (PdM) Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Condition Monitoring and Predictive Maintenance (PdM) Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.