Global Terminal Automation Market (2020 to 2025) - Industry Trends, Share, Size, Growth, Opportunity and Forecast - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Terminal Automation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global terminal automation market grew at a CAGR of around 7% during 2014-2019. Looking forward, the publisher expects the global terminal automation market to continue its moderate growth during the next five years.

Terminal automation refers to the process of automating various control functions of equipment or machinery in a warehouse or manufacturing unit. A terminal is a storage facility for oil, gas, chemicals and other products that need to be transported to the point of sale (POS). Terminal automation systems (TAS) consist of various mechanical, hydraulic, pneumatic, electronic and computerized systems to control equipment and processes. They offer centralized and systematic control over the entire product handling process, which involves bulk loading, receiving, reconciling, storing and distributing products. They provide various other benefits, such as reduced operational and maintenance costs, improved productivity and enhanced security of assets and human resources.

Significant growth in the oil and gas industry, along with increasing industrial automation, is one of the key factors creating a positive impact on the market. Terminal operators are utilizing automated systems that improve the productivity and efficiency of the terminal by handling larger vessels with greater holding capacities. In line with this, widespread adoption of terminals for blending, storing and handling biofuels is stimulating the market growth.

Additionally, the development of technologically advanced automation solutions and the integration of the Industrial Internet of Things (IIoT) and cloud-computing, are acting as other growth-inducing factors. These solutions offer improved support and monitoring of remote sites, cloud-based tracking, smart event processing and administration of unmanned operations. Other factors, including the increasing investments to upgrade existing terminals, especially in developing countries, along with the growing adoption of wireless technologies, are anticipated to drive the market further.

Companies Mentioned

• ABB Ltd
• Emerson Electric Co.
• Endress+Hauser AG
• General Electric Company
• Honeywell Process Solutions (Honeywell Automation and Control Solutions)
• Larsen & Toubro Limited
• Rockwell Automation Inc.
• Schneider Electric SE
• Siemens Aktiengesellschaft
• TechnipFMC Plc
• Yokogawa Electric Corporation

Key Questions Answered in This Report:

• How has the global terminal automation market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global terminal automation market?
• What are the key regional markets?
• What is the breakup of the market based on the offering?
• What is the breakup of the market based on the project type?
• What is the breakup of the market based on the vertical?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global terminal automation market and who are the key players?
• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Terminal Automation Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Offering

6.1 Hardware

6.1.1 Market Trends

6.1.2 Major Types

6.1.2.1 Control Systems

6.1.2.2 Security Systems

6.1.2.3 Field Devices

6.1.2.4 Trucks and Pipelines

6.1.2.5 Others

6.1.3 Market Forecast

6.2 Software and Services

6.2.1 Market Trends

6.2.2 Market Forecast

7 Market Breakup by Project Type

7.1 Brownfield Projects

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Greenfield Projects

7.2.1 Market Trends

7.2.2 Market Forecast

8 Market Breakup by Vertical

8.1 Oil and Gas

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Chemical

8.2.1 Market Trends

8.2.2 Market Forecast

8.3 Others

8.3.1 Market Trends

8.3.2 Market Forecast

9 Market Breakup by Region

9.1 North America

9.2 Asia Pacific

9.3 Europe

9.4 Latin America

9.5 Middle East and Africa

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/4t9s07