Major Trends in Plant Asset Management Market
The plant
asset management (PAM) market size is estimated to
grow from USD 5.5 billion in 2019 to USD 9.4 billion by 2024, at a CAGR of 11.3%.
Plant asset management (PAM) includes asset identification, monitoring,
refurbishing, and replacement.
The plant asset management plan includes the utilization of different
measurement technologies to protect and predict the health of plant assets. It
provides...