According to our latest research, the Spares Criticality Analysis market size was valued at $1.2 billion in 2024 and is projected to reach $3.5 billion by 2033, expanding at a robust CAGR of 12.6% during the forecast period of 2025–2033. The primary driver fueling growth in this market is the increasing adoption of predictive maintenance strategies across asset-intensive industries such as manufacturing, oil & gas, and energy & utilities. As organizations strive to minimize unplanned downtime and optimize inventory costs, the demand for advanced spares criticality analysis solutions is surging globally. These solutions enable enterprises to systematically assess the criticality of spare parts, prioritize inventory management, and align maintenance schedules with operational risk, thereby enhancing overall equipment reliability and reducing operational costs. https://researchintelo.com/report/spares-criticality-analysis-market