The terminal automation systems are a combination of software and hardware, which are used for enhancing the safety of different types of terminals. A terminal normally refers to a storage facility of products such as gas, oil, and chemicals, among others. A terminal can also refer to the distribution centers, from where the products are directed to the point of sales (POS) locations.
MARKET DYNAMICS
The higher level of safety and security providing by these systems is one of the major factors driving the growth of the terminal automation market. Moreover, the demand for terminal automation systems is further boosted by the advancement of greenfield terminal infrastructure across the globe. The growing exploration of shale gas is anticipated to offer unique growth opportunities for the terminal automation systems market globally.
MARKET SCOPE
The "Global Terminal Automation Market Analysis to 2028" is a specialized and in-depth study of the terminal automation market with a special focus on the global market trend analysis. The report aims to provide an overview of terminal automation market with detailed market segmentation by components, project type, vertical. The global terminal automation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading terminal automation market players and offers key trends and opportunities in the terminal automation market.
MARKET SEGMENTATION
The global terminal automation market is segmented on the basis of components, project type, vertical. On the basis of components, the market is segmented as hardware, software, services. On the basis of project type, the market is segmented as brownfield projects, greenfield projects. On the basis of vertical, the market is segmented as oil & gas, chemical, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global terminal automation market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The terminal automation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting terminal automation market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the terminal automation market in these regions.
MARKET PLAYERS
The reports cover key developments in the terminal automation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from terminal automation market are anticipated to lucrative growth opportunities in the future with the rising demand for terminal automation market. Below mentioned is the list of few companies engaged in the terminal automation market.
The report also includes the profiles of key terminal automation market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB
- Emerson Electric Co.
- Endress+Hauser Group Services AG
- Honeywell International Inc.
- Implico Group
- Rockwell Automation, Inc.
- Schneider Electric
- Siemens AG
- TechnipFMC plc
- Yokogawa Electric Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.