What is Preventive Maintenance Software Market Scope?
Preventive maintenance software is designed to manage the maintenance of equipment by giving proper equipment functioning reports. There are majorly two types of preventive maintenance software including computerized maintenance management systems (CMMS) and enterprise asset management (EAM). There are various advantages associated with the software such as reduces overtime, downtime and repair costs and increases productivity & efficiency. Additionally, increasing use of mobile technology that gives access to maintenance technicians has been supplementing the overall growth of the market. However, lack of awareness about benefits associated with preventive maintenance software and increasing duplicity of software is limiting the market.
The Preventive Maintenance Software market study is being classified by Type (Computerized Maintenance Management Systems (CMMS) and Enterprise asset management (EAM)), by Application (BFSI, Hospital, Factory, Logistics and Others) and major geographies with country level break-up.
The Players having a strong hold in the market are Maintenance Connection, EMaint, MPulse Software, Inc., ManagerPlus, Software AG, Infor. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Preventive Maintenance Software market throughout the predicted period.
Maintenance Connection (United States), EMaint (United States), MPulse Software, Inc. (United States), ManagerPlus (United States), Software AG (Germany), Infor (United States), SAP (United States), IBM Corporation (United States), Oracle Corporation (United States) and IQMS (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Building Engines, Inc. (United States), SchoolDude (United States) and Corrigo (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Preventive Maintenance Software market by Type, Application and Region.
On the basis of geography, the market of Preventive Maintenance Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On January 2019, Nuvola has announced its new launch of newest intelligence tool (Preventive Maintenance & Asset Management). The new preventive maintenance & asset management system of the company particularly made for hospital application.
Influencing Market Trend
- Increasing Use of Mobile technology that Gives Access to Maintenance Technicians
Market Drivers
- Increasing Demand as Preventive Maintenance Software Decreases Overtime, Downtime, and Repair Costs
- Increasing Adoption of Preventive Maintenance Software to Manage Work Orders Efficiently and Enhance Productivity
Opportunities
- Rising Demand from the Asian Countries due to Urbanization and Industrialization
- Rising Technological Advancement and Increasing R&D Activities by Established Key Players
Restraints
- Lack of Awareness about Benefits Associated with Preventive Maintenance Software
- Increasing Duplicity of Software
Challenges
- Intense Competition among Established Key Players
Key Target Audience
Preventive Maintenance Software Providers, Government Association and Agencies, Upstream and Downstream Vendors, Potential Investors and Others
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