Asset Reliability Software & Services

Publish Date

This Asset Reliability Software & Services 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 most major countries.

Asset Reliability Solutions Balance Costs and Risks

Asset reliability solutions capture and analyze historical and real-time operational and asset data to improve asset performance, reduce costs, and facilitate mission-critical decision-making in core business operations.  Reliability solutions enable manufacturers to consistently achieve higher levels of operational efficiency and safety by balancing costs and risk to optimize safety and benefits.  Reliability services are consulting engagements designed to help owner-operators redesign work and people processes consistent with the software.

Digital technologies can augment reliability and other asset performance management (APM) functions to an unprecedented degree.  Computing resources in the Cloud and at the network edge as well as artificial intelligence (AI), digital twins, and augmented reality are changing how people work. 

A maintenance strategy defines the rules for the sequence of planned maintenance work.   In the real world, manufacturing sites utilize a mix of reactive (run to failure), preventive (time based), and predictive maintenance (PdM) strategies depending on asset type and its criticality to the ability to produce product.  Industrial Internet of Things (IIoT) will enable an even higher order of maintenance for complex assets that requires advanced skills to diagnose issues. 

The benefits of maintenance strategy optimization include extending asset life, reducing asset failures and downtime, minimizing repair costs, and improving health and safety.  

Asset Reliability Software & Services Strategic Issues

Asset Reliability Software mira-workbook-pam-300px.jpgThe asset reliability software and services market promises to deliver continued growth for the foreseeable future.  This report answers key strategic questions, such as:

  • How will machine learning and artificial intelligence impact reliability software?
  • What role will Industrial IoT play in this market?
  • Who are the leading suppliers in this market?
  • What is the outlook for this market?
  • What are owner-operator expectations?

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Asset Reliability Software & Services Study 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
Country Profiles No Yes

Countries included in each region.

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

Worldwide Research Focus Areas

​Strategic Analysis

  • Major Trends
  • Regional Trends
  • Industry Trends
  • Strategies for Success

Competitive Analysis

  • 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 Service Type
    • Consulting
    • Implementation
    • Maintenance
    • Software as a Service
  • Market Shares by Industry
    • Aerospace & Defense
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Transportation
    • Water & Wastewater
  • Market Shares by Reliability Methodology
    • Instrument Calibration Management
    • Integrity Management
    • Lifecycle Costing
    • Master Data Management
    • Preventative Maintenance
    • Qualitative Reliability-Centered Maintenance
    • Regulatory Integrity Level Analysis
    • Reliability Analysis
    • Reliability, Availability, and Maintainability
    • Risk-Based Maintenance
    • Root Cause Analysis
    • Spares and Inventory Management
  • Market Shares by Software Deployment
    • Cloud
    • Hosted
    • On Premise
  • Market Shares by Sales Channel

Market Forecasts and Histories

  • Total Asset Reliability Software & Services Business
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category
    • Software
    • Services
  • Service Revenues by Type
    • Consulting
    • Implementation
    • Maintenance
    • Software as a Service
  • Shipments by Industry
    • Aerospace & Defense
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Transportation
    • Water & Wastewater
  • Shipments by Reliability Methodology
    • Instrument Calibration Management
    • Integrity Management
    • Lifecycle Costing
    • Master Data Management
    • Preventative Maintenance
    • Qualitative Reliability-Centered Maintenance
    • Regulatory Integrity Level Analysis
    • Reliability Analysis
    • Reliability, Availability, and Maintainability
    • Risk-Based Maintenance
    • Root Cause Analysis
    • Spares and Inventory Management
  • Software Revenues by Software Deployment
    • Cloud
    • Hosted
    • On Premise
  • Shipments by Sales Channel

Industry Participants

The research identifies relevant suppliers serving this market.

Regional Research Focus Areas

Strategic Analysis

Competitive 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

Industry Participants

List of countries included in each region: MIRA-Country

Country Research Focus Areas

Please contact us for the countries available for this study.