Global Equipment Health Management market size is predicted to grow from US$ 2507 million in 2025 to US$ 4047 million in 2032; it is expected to grow at a CAGR of 7.3% from 2026 to 2032.

Global Equipment Health Management Market Size, Share and Analysis 2026-32

The global Equipment Health Management market size is predicted to grow from US$ 2507 million in 2025 to US$ 4047 million in 2032; it is expected to grow at a CAGR of 7.3% from 2026 to 2032. Equipment health management is a systematic approach in the industrial field for real-time monitoring, fault diagnosis, performance evaluation, and maintenance decision support of critical production equipment. It aims to transform post-maintenance into predictive and even autonomous maintenance through data-driven approaches, thereby improving equipment reliability, ensuring production continuity, reducing operation and maintenance costs, and extending asset lifecycle. The equipment health management market is developing rapidly, driven by multiple factors, including the increasing complexity of industrial equipment, high costs of unplanned downtime, the promotion of smart manufacturing and Industry 4.0 policies, the decline in the cost of sensor and IoT technologies, the maturity of artificial intelligence and big data analytics capabilities, and the increasing demand from enterprises to shift from reactive maintenance to predictive maintenance. At the same time, equipment manufacturers provide value-added services by integrating health management functions, thereby enhancing customer loyalty and product competitiveness, while end users leverage this technology to optimize operational efficiency, extend asset life, and ensure production continuity, jointly accelerating the large-scale implementation of machine health management in key sectors such as manufacturing, energy, and transportation. Infinity Market Research newest research report, the Equipment Health Management Industry Forecast looks at past sales and reviews total world Equipment Health Management sales in 2025, providing a comprehensive analysis by region and market sector of projected Equipment Health Management sales for 2026 through 2032. With Equipment Health Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Equipment Health Management industry. This Insight Report provides a comprehensive analysis of the global Equipment Health Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Equipment Health Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Equipment Health Management market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Equipment Health Management and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Equipment Health Management. This report presents a comprehensive overview, market shares, and growth opportunities of Equipment Health Management market by product type, application, key players and key regions and countries. Segmentation by Type: &nbsp;&nbsp;&nbsp; Online Monitoring &nbsp;&nbsp;&nbsp; Offline Monitoring &nbsp;&nbsp;&nbsp; Segmentation by Function: &nbsp;&nbsp;&nbsp; Condition Monitoring &nbsp;&nbsp;&nbsp; Predictive Maintenance &nbsp;&nbsp;&nbsp; Others &nbsp;&nbsp;&nbsp; Segmentation by Deployment Mode: &nbsp;&nbsp;&nbsp; Cloud-based &nbsp;&nbsp;&nbsp; On-premises Segmentation by Application: &nbsp;&nbsp;&nbsp; Transportation Industry &nbsp;&nbsp;&nbsp; Manufacturing &nbsp;&nbsp;&nbsp; Chemical Industry &nbsp;&nbsp;&nbsp; Others This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; Bently Nevada &nbsp;&nbsp;&nbsp; Emerson &nbsp;&nbsp;&nbsp; GE Vernova &nbsp;&nbsp;&nbsp; Meggitt &nbsp;&nbsp;&nbsp; Siemens &nbsp;&nbsp;&nbsp; Uptake &nbsp;&nbsp;&nbsp; Railinc &nbsp;&nbsp;&nbsp; Tech Mahindra &nbsp;&nbsp;&nbsp; ComplianceQuest &nbsp;&nbsp;&nbsp; Rolls-Royce &nbsp;&nbsp;&nbsp; SmartEAM &nbsp;&nbsp;&nbsp; DHMS &nbsp;&nbsp;&nbsp; Beijing Bohua Xinzhi Technology &nbsp;&nbsp;&nbsp; Anhui RONDS &nbsp;&nbsp;&nbsp; Jiangsu Donghua Testing Technology &nbsp;&nbsp;&nbsp; Zhejiang Supcon Technology &nbsp;&nbsp;&nbsp; Hexastate

1 Scope of the Report &nbsp;1.1 Market Introduction &nbsp;1.2 Years Considered &nbsp;1.3 Research Objectives &nbsp;1.4 Market Research Methodology &nbsp;1.5 Research Process and Data Source &nbsp;1.6 Economic Indicators &nbsp;1.7 Currency Considered &nbsp;1.8 Market Estimation Caveats 2 Executive Summary &nbsp;2.1 World Market Overview &nbsp;2.1.1 Global Equipment Health Management Market Size (2021-2032) &nbsp;2.1.2 Equipment Health Management Market Size CAGR by Region (2021 VS 2025 VS 2032) &nbsp;2.1.3 World Current & Future Analysis for Equipment Health Management by Country/Region (2021, 2025 & 2032) &nbsp;2.2 Equipment Health Management Segment by Type &nbsp;2.2.1 Online Monitoring &nbsp;2.2.2 Offline Monitoring &nbsp;2.2.3 Equipment Health Management Market Size by Type &nbsp;2.2.3.1 Equipment Health Management Market Size CAGR by Type (2021 VS 2025 VS 2032) &nbsp;2.2.3.2 Global Equipment Health Management Market Size Market Share by Type (2021-2026) &nbsp;2.3 Equipment Health Management Segment by Function &nbsp;2.3.1 Condition Monitoring &nbsp;2.3.2 Predictive Maintenance &nbsp;2.3.3 Others &nbsp;2.3.4 Equipment Health Management Market Size by Function &nbsp;2.3.4.1 Equipment Health Management Market Size CAGR by Function (2021 VS 2025 VS 2032) &nbsp;2.3.4.2 Global Equipment Health Management Market Size Market Share by Function (2021-2026) &nbsp;2.4 Equipment Health Management Segment by Deployment Mode &nbsp;2.4.1 Cloud-based &nbsp;2.4.2 On-premises &nbsp;2.4.3 Equipment Health Management Market Size by Deployment Mode &nbsp;2.4.3.1 Equipment Health Management Market Size CAGR by Deployment Mode (2021 VS 2025 VS 2032) &nbsp;2.4.3.2 Global Equipment Health Management Market Size Market Share by Deployment Mode (2021-2026) &nbsp;2.5 Equipment Health Management Segment by Application &nbsp;2.5.1 Transportation Industry &nbsp;2.5.2 Manufacturing &nbsp;2.5.3 Chemical Industry &nbsp;2.5.4 Others &nbsp;2.5.5 Equipment Health Management Market Size by Application &nbsp;2.5.5.1 Equipment Health Management Market Size CAGR by Application (2021 VS 2025 VS 2032) &nbsp;2.5.5.2 Global Equipment Health Management Market Size Market Share by Application (2021-2026) 3 Equipment Health Management Market Size by Player &nbsp;3.1 Equipment Health Management Market Size Market Share by Player &nbsp;3.1.1 Global Equipment Health Management Revenue by Player (2021-2026) &nbsp;3.1.2 Global Equipment Health Management Revenue Market Share by Player (2021-2026) &nbsp;3.2 Global Equipment Health Management Key Players Head office and Products Offered &nbsp;3.3 Market Concentration Rate Analysis &nbsp;3.3.1 Competition Landscape Analysis &nbsp;3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2024-2026) &nbsp;3.4 New Products and Potential Entrants &nbsp;3.5 Mergers & Acquisitions, Expansion 4 Equipment Health Management by Region &nbsp;4.1 Equipment Health Management Market Size by Region (2021-2026) &nbsp;4.2 Global Equipment Health Management Annual Revenue by Country/Region (2021-2026) &nbsp;4.3 Americas Equipment Health Management Market Size Growth (2021-2026) &nbsp;4.4 APAC Equipment Health Management Market Size Growth (2021-2026) &nbsp;4.5 Europe Equipment Health Management Market Size Growth (2021-2026) &nbsp;4.6 Middle East & Africa Equipment Health Management Market Size Growth (2021-2026) 5 Americas &nbsp;5.1 Americas Equipment Health Management Market Size by Country (2021-2026) &nbsp;5.2 Americas Equipment Health Management Market Size by Type (2021-2026) &nbsp;5.3 Americas Equipment Health Management Market Size by Application (2021-2026) &nbsp;5.4 United States &nbsp;5.5 Canada &nbsp;5.6 Mexico &nbsp;5.7 Brazil 6 APAC &nbsp;6.1 APAC Equipment Health Management Market Size by Region (2021-2026) &nbsp;6.2 APAC Equipment Health Management Market Size by Type (2021-2026) &nbsp;6.3 APAC Equipment Health Management Market Size by Application (2021-2026) &nbsp;6.4 China &nbsp;6.5 Japan &nbsp;6.6 South Korea &nbsp;6.7 Southeast Asia &nbsp;6.8 India &nbsp;6.9 Australia 7 Europe &nbsp;7.1 Europe Equipment Health Management Market Size by Country (2021-2026) &nbsp;7.2 Europe Equipment Health Management Market Size by Type (2021-2026) &nbsp;7.3 Europe Equipment Health Management Market Size by Application (2021-2026) &nbsp;7.4 Germany &nbsp;7.5 France &nbsp;7.6 UK &nbsp;7.7 Italy &nbsp;7.8 Russia 8 Middle East & Africa &nbsp;8.1 Middle East & Africa Equipment Health Management by Region (2021-2026) &nbsp;8.2 Middle East & Africa Equipment Health Management Market Size by Type (2021-2026) &nbsp;8.3 Middle East & Africa Equipment Health Management Market Size by Application (2021-2026) &nbsp;8.4 Egypt &nbsp;8.5 South Africa &nbsp;8.6 Israel &nbsp;8.7 Turkey &nbsp;8.8 GCC Countries 9 Market Drivers, Challenges and Trends &nbsp;9.1 Market Drivers & Growth Opportunities &nbsp;9.2 Market Challenges & Risks &nbsp;9.3 Industry Trends 10 Global Equipment Health Management Market Forecast &nbsp;10.1 Global Equipment Health Management Forecast by Region (2027-2032) &nbsp;10.1.1 Global Equipment Health Management Forecast by Region (2027-2032) &nbsp;10.1.2 Americas Equipment Health Management Forecast &nbsp;10.1.3 APAC Equipment Health Management Forecast &nbsp;10.1.4 Europe Equipment Health Management Forecast &nbsp;10.1.5 Middle East & Africa Equipment Health Management Forecast &nbsp;10.2 Americas Equipment Health Management Forecast by Country (2027-2032) &nbsp;10.2.1 United States Market Equipment Health Management Forecast &nbsp;10.2.2 Canada Market Equipment Health Management Forecast &nbsp;10.2.3 Mexico Market Equipment Health Management Forecast &nbsp;10.2.4 Brazil Market Equipment Health Management Forecast &nbsp;10.3 APAC Equipment Health Management Forecast by Region (2027-2032) &nbsp;10.3.1 China Equipment Health Management Market Forecast &nbsp;10.3.2 Japan Market Equipment Health Management Forecast &nbsp;10.3.3 Korea Market Equipment Health Management Forecast &nbsp;10.3.4 Southeast Asia Market Equipment Health Management Forecast &nbsp;10.3.5 India Market Equipment Health Management Forecast &nbsp;10.3.6 Australia Market Equipment Health Management Forecast &nbsp;10.4 Europe Equipment Health Management Forecast by Country (2027-2032) &nbsp;10.4.1 Germany Market Equipment Health Management Forecast &nbsp;10.4.2 France Market Equipment Health Management Forecast &nbsp;10.4.3 UK Market Equipment Health Management Forecast &nbsp;10.4.4 Italy Market Equipment Health Management Forecast &nbsp;10.4.5 Russia Market Equipment Health Management Forecast &nbsp;10.5 Middle East & Africa Equipment Health Management Forecast by Region (2027-2032) &nbsp;10.5.1 Egypt Market Equipment Health Management Forecast &nbsp;10.5.2 South Africa Market Equipment Health Management Forecast &nbsp;10.5.3 Israel Market Equipment Health Management Forecast &nbsp;10.5.4 Turkey Market Equipment Health Management Forecast &nbsp;10.6 Global Equipment Health Management Forecast by Type (2027-2032) &nbsp;10.7 Global Equipment Health Management Forecast by Application (2027-2032) &nbsp;10.7.1 GCC Countries Market Equipment Health Management Forecast 11 Key Players Analysis &nbsp;11.1 Bently Nevada &nbsp;11.1.1 Bently Nevada Company Information &nbsp;11.1.2 Bently Nevada Equipment Health Management Product Offered &nbsp;11.1.3 Bently Nevada Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.1.4 Bently Nevada Main Business Overview &nbsp;11.1.5 Bently Nevada Latest Developments &nbsp;11.2 Emerson &nbsp;11.2.1 Emerson Company Information &nbsp;11.2.2 Emerson Equipment Health Management Product Offered &nbsp;11.2.3 Emerson Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.2.4 Emerson Main Business Overview &nbsp;11.2.5 Emerson Latest Developments &nbsp;11.3 GE Vernova &nbsp;11.3.1 GE Vernova Company Information &nbsp;11.3.2 GE Vernova Equipment Health Management Product Offered &nbsp;11.3.3 GE Vernova Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.3.4 GE Vernova Main Business Overview &nbsp;11.3.5 GE Vernova Latest Developments &nbsp;11.4 Meggitt &nbsp;11.4.1 Meggitt Company Information &nbsp;11.4.2 Meggitt Equipment Health Management Product Offered &nbsp;11.4.3 Meggitt Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.4.4 Meggitt Main Business Overview &nbsp;11.4.5 Meggitt Latest Developments &nbsp;11.5 Siemens &nbsp;11.5.1 Siemens Company Information &nbsp;11.5.2 Siemens Equipment Health Management Product Offered &nbsp;11.5.3 Siemens Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.5.4 Siemens Main Business Overview &nbsp;11.5.5 Siemens Latest Developments &nbsp;11.6 Uptake &nbsp;11.6.1 Uptake Company Information &nbsp;11.6.2 Uptake Equipment Health Management Product Offered &nbsp;11.6.3 Uptake Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.6.4 Uptake Main Business Overview &nbsp;11.6.5 Uptake Latest Developments &nbsp;11.7 Railinc &nbsp;11.7.1 Railinc Company Information &nbsp;11.7.2 Railinc Equipment Health Management Product Offered &nbsp;11.7.3 Railinc Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.7.4 Railinc Main Business Overview &nbsp;11.7.5 Railinc Latest Developments &nbsp;11.8 Tech Mahindra &nbsp;11.8.1 Tech Mahindra Company Information &nbsp;11.8.2 Tech Mahindra Equipment Health Management Product Offered &nbsp;11.8.3 Tech Mahindra Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.8.4 Tech Mahindra Main Business Overview &nbsp;11.8.5 Tech Mahindra Latest Developments &nbsp;11.9 ComplianceQuest &nbsp;11.9.1 ComplianceQuest Company Information &nbsp;11.9.2 ComplianceQuest Equipment Health Management Product Offered &nbsp;11.9.3 ComplianceQuest Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.9.4 ComplianceQuest Main Business Overview &nbsp;11.9.5 ComplianceQuest Latest Developments &nbsp;11.10 Rolls-Royce &nbsp;11.10.1 Rolls-Royce Company Information &nbsp;11.10.2 Rolls-Royce Equipment Health Management Product Offered &nbsp;11.10.3 Rolls-Royce Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.10.4 Rolls-Royce Main Business Overview &nbsp;11.10.5 Rolls-Royce Latest Developments &nbsp;11.11 SmartEAM &nbsp;11.11.1 SmartEAM Company Information &nbsp;11.11.2 SmartEAM Equipment Health Management Product Offered &nbsp;11.11.3 SmartEAM Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.11.4 SmartEAM Main Business Overview &nbsp;11.11.5 SmartEAM Latest Developments &nbsp;11.12 DHMS &nbsp;11.12.1 DHMS Company Information &nbsp;11.12.2 DHMS Equipment Health Management Product Offered &nbsp;11.12.3 DHMS Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.12.4 DHMS Main Business Overview &nbsp;11.12.5 DHMS Latest Developments &nbsp;11.13 Beijing Bohua Xinzhi Technology &nbsp;11.13.1 Beijing Bohua Xinzhi Technology Company Information &nbsp;11.13.2 Beijing Bohua Xinzhi Technology Equipment Health Management Product Offered &nbsp;11.13.3 Beijing Bohua Xinzhi Technology Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.13.4 Beijing Bohua Xinzhi Technology Main Business Overview &nbsp;11.13.5 Beijing Bohua Xinzhi Technology Latest Developments &nbsp;11.14 Anhui RONDS &nbsp;11.14.1 Anhui RONDS Company Information &nbsp;11.14.2 Anhui RONDS Equipment Health Management Product Offered &nbsp;11.14.3 Anhui RONDS Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.14.4 Anhui RONDS Main Business Overview &nbsp;11.14.5 Anhui RONDS Latest Developments &nbsp;11.15 Jiangsu Donghua Testing Technology &nbsp;11.15.1 Jiangsu Donghua Testing Technology Company Information &nbsp;11.15.2 Jiangsu Donghua Testing Technology Equipment Health Management Product Offered &nbsp;11.15.3 Jiangsu Donghua Testing Technology Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.15.4 Jiangsu Donghua Testing Technology Main Business Overview &nbsp;11.15.5 Jiangsu Donghua Testing Technology Latest Developments &nbsp;11.16 Zhejiang Supcon Technology &nbsp;11.16.1 Zhejiang Supcon Technology Company Information &nbsp;11.16.2 Zhejiang Supcon Technology Equipment Health Management Product Offered &nbsp;11.16.3 Zhejiang Supcon Technology Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.16.4 Zhejiang Supcon Technology Main Business Overview &nbsp;11.16.5 Zhejiang Supcon Technology Latest Developments &nbsp;11.17 Hexastate &nbsp;11.17.1 Hexastate Company Information &nbsp;11.17.2 Hexastate Equipment Health Management Product Offered &nbsp;11.17.3 Hexastate Equipment Health Management Revenue, Gross Margin and Market Share (2021-2026) &nbsp;11.17.4 Hexastate Main Business Overview &nbsp;11.17.5 Hexastate Latest Developments 12 Research Findings and Conclusion

Report	Global Equipment Health Management Market Growth (Status and Outlook) 2026-2032
Selected License	Multi ID: ILR1123

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