AI In Predictive Maintenance Market 2025-2029
The ai in predictive maintenance market is forecasted to grow by USD 988.6 mn during 2024-2029, accelerating at a CAGR of 17% during the forecast period. The report on the ai in predictive maintenance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by launch of new solutions, increasing focus on sustainability, and rising demand from energy sector.
Market Scope |
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 16.7% |
CAGR | 17% |
Incremental Value | $988.6 mn |
Technavio's ai in predictive maintenance market is segmented as below:
By End-user
- Manufacturing
- Energy and utilities
- Oil and gas
- Automotive
- Others
By Solution
- Integrated solutions
- Standalone solutions
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the innovations by vendors as one of the prime reasons driving the ai in predictive maintenance market growth during the next few years. Also, increasing investment in ai by vendors and inorganic growth strategies will lead to sizable demand in the market.
The report on the ai in predictive maintenance market covers the following areas:
- AI In Predictive Maintenance Market sizing
- AI In Predictive Maintenance Market forecast
- AI In Predictive Maintenance Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ai in predictive maintenance market vendors that include ABB Ltd., C3.ai Inc., ClairViz Technology Systems Pvt. Ltd., DB E.C.O. Group, DINGO Software Pty. Ltd., ExactSpace, Faclon Labs Pvt. Ltd., GE Vernova Inc., Honeywell International Inc., International Business Machines Corp., KCF Technologies Inc., Machinestalk, PTC Inc., Radix U.S. LLC., SAP SE, Siemens AG, and Uptake Technologies Inc.. Also, the ai in predictive maintenance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.