Condition-Based Maintenance Market

Condition-based maintenance (CBM) is a maintenance strategy that monitors the actual condition of an asset to decide what maintenance needs to be done. CBM dictates that maintenance should only be performed when certain indicators show signs of decreasing performance or upcoming failure. Checking a machine for these indicators may include non-invasive measurements, visual inspection, performance data and scheduled tests. Condition data can then be gathered at certain intervals, or continuously (as is done when a machine has internal sensors). Condition-based maintenance can be applied to mission critical and non-mission critical assets.
Condition-Based Maintenance Market contains market size and forecasts of Condition-Based Maintenance (CBM) in Global, including the following market information:
Global Condition-Based Maintenance (CBM) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Condition-Based Maintenance (CBM) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Condition-Based Maintenance (CBM) include Fiix (Rockwell Automation), Eagle Technology, ABB, Honeywell, Emerson Electric, FasTrak SoftWorks, Intertek Group, Senseye and SERTICA (RINA), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Condition-Based Maintenance (CBM) 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-Based Maintenance (CBM) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Condition-Based Maintenance (CBM) Market Segment Percentages, by Type, 2021 (%)

• Software
• Service

Global Condition-Based Maintenance (CBM) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Condition-Based Maintenance (CBM) Market Segment Percentages, by Application, 2021 (%)

• Automotive
• Oil and Gas
• Semiconductor
• Nuclear Energy
• Others

Global Condition-Based Maintenance (CBM) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Condition-Based Maintenance (CBM) Market Segment Percentages, By Region and Country, 2021 (%)

• 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-Based Maintenance (CBM) revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Condition-Based Maintenance (CBM) revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Fiix (Rockwell Automation)
• Eagle Technology
• ABB
• Honeywell
• Emerson Electric
• FasTrak SoftWorks
• Intertek Group
• Senseye
• SERTICA (RINA)
• James Fisher Mimic
• BV Solutions M&O
• Matics
• Ureason
• Info Marine