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Terminal Automation System Market - Global Industry Analysis

Terminal Automation System Market By Offerings (Hardware and Software & Services), By Project Type (Brownfield Projects and Greenfield Projects), By End Use Industry (Oil & Gas, Chemical and Others) and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2021 – 2028

Published Date: 23-Nov-2021 Category: Heavy Industry Report Format : PDF Pages: 155 Report Code: ZMR-1094 Status : Published

The Global Terminal Automation System Market accounted for more than USD 5.25 Billion in 2020 and is expected to reach more than USD 8.63 Billion by 2028, growing at a CAGR of more than 6.4% from 2021 to 2028.

Description

Market Overview

The Global Terminal Automation System Market accounted for more than USD 5.25 Billion in 2020 and is expected to reach more than USD 8.63 Billion by 2028, growing at a CAGR of more than 6.4% from 2021 to 2028.

A Terminal refers to a storage container that is used to store chemicals, liquified natural gas, petroleum gas, crude oil and other substances. Terminal automation is a process that involves the complete controlling, monitoring and managing solution during the entire handling process i.e., from receiving to storage and then distribution. It serves to ensure safe and stable operation and hence lead to an effective management. It offers certain benefits such as it reduces labor, increases efficiency, reduces operational cost, improves accuracy and enhance safety and ease regulatory compliance. This solution has proven to lower the overall production cost and to maximize profit.

Global Terminal Automation System Market Size

COVID-19 Impact Analysis

The Covid-19 pandemic has been affecting almost all the sectors and has been devasting the global economic condition of a wide range of nations, but the pandemic has provided an opportunity to the Global Terminal Automation System Market to have a boost in the near future. With the rise in the prevalence of the pandemic and the restriction being imposed to tackle the ill effect of the pandemic has increased the realization of the importance of automation and digitalization and has provided a resilience to any such prevailing shocks in the future.

Growth Factors

Rising awareness about the environmental safety and efficacy with the motive of having an automated system for analyzing and managing data serves as the major factor for the growth of the overall terminal automation market. The governmental implication regarding the increase in the adherence of having high demand for environmentally cleaner fuel and safety regulations regarding the environment is also enhancing the growth of market.

Rapid development and technological advancements regarding the automation solutions and rising adoption of incorporating industrial internet of things and cloud computing is also having a significant positive impact on the growth of the market. The adoption of technological innovations in the terminals such as tank farm automation, safety alarms, graphics interface development is also supplementing the growth. The terminal automation has a number of advantages such as increasing efficiency, increasing performance, tackling security concerns and increasing accuracy and safety. Moreover, the increasing oil and gas industry and a significant increase in the industrial automation are also fueling the overall market growth.

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Offerings Segment Analysis Preview

Software and segment held a share of around 42.63% in 2020. The offerings segment is bifurcated into the hardware and software and services segments out of which the software and services segment is expected to growth at the highest CAGR in the forecast period. This is attributable to the growing demand for automating solutions in order to improve the operational efficiency of the terminals and to make them more efficient. The segment has been anticipated to show tremendous growth in the forecast period. The High prevalence of the demand of having automated terminals is henceforth driving the overall market growth.

Global Terminal Automation System Market Share

End Use Industry Segment Analysis Preview

Oil and Gas segment will grow at a CAGR of over 4.69% from 2021 to 2028. This is attributable to the undergoing changes seen in the interactive terminal management system for oils and gases and this in turn create dominance of the presence of large number of terminals which make it prominent enough for the growth of overall terminal automation market and boost the global dominance of this market.

Regional Analysis Preview

The Asia Pacific region held a share of more than 28.6% in 2020 and is expected to show significant growth in the forecast period. The growth in this region is attributable to the growing demand for automation with the rising governmental initiatives such as Make in India and the rising number of petrochemical projects. The region is expected to show sharp growth in upcoming years with the increased governmental funding’s and increasing adoption of Terminal Automation System.

Global Terminal Automation System Market Regional Analysis

The North America region is projected to grow at a CAGR of more than 4.12% over the forecast period. With the rising investments to upgrade the existing infrastructure due to the increasing production of oil and gas has spurred growth of the market in this region. The region is also focusing on adopting new modification and advancement such as integrated solutions for packaging and are specific to the application requirement of the end-user. The companies in this region are also specifically investing in projects that would help them in developing midstream infrastructure for growing biofuel industry. Moreover, these projects have scope in retrofitting and building storage capabilities with biofuel blending terminal which is helping in overall growth of market in this region.

Key Market Players & Competitive Landscape

Some of key players in Terminal Automation System Market are ABB Ltd., Schneider Electric, Yokogawa Electric Corporation, Honeywell International Inc., Emerson Electric Co., Siemens AG, Endress+Hauser Management AG, Rockwell Automation Inc., TechnipFMC plc, Implico Group.

The Global Terminal Automation System Market is segmented as follows:

By Offerings

  • Hardware
  • Software & Services

By Project Type

  • Brownfield Projects
  • Greenfield Projects

By End Use Industry

  • Oil & Gas
  • Chemical
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1. Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2. Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Offerings
        • 2.1.1.2. Market Attractiveness Analysis, By Project Type
        • 2.1.1.3. Market Attractiveness Analysis, By End Use Industry
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Terminal Automation System Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3. COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. Middle East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4. Terminal Automation System Market – By Offerings Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Offerings, 2020 & 2028
    • 4.2. Hardware
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Software & Services
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5. Terminal Automation System Market – By Project Type Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Project Type, 2020 & 2028
    • 5.2. Brownfield Projects
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Greenfield Projects
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6. Terminal Automation System Market – By End Use Industry Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By End Use Industry, 2020 & 2028
    • 6.2. Oil & Gas
      • 6.2.1. Market Size and Forecast, By Region (USD Million)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Chemical
      • 6.3.1. Market Size and Forecast, By Region (USD Million)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. Others
      • 6.4.1. Market Size and Forecast, By Region (USD Million)
      • 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7. Terminal Automation System Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.2.2. North America Market Revenue, By Offerings, 2016 – 2028
      • 7.2.3. North America Market Revenue, By Project Type, 2016 – 2028
      • 7.2.4. North America Market Revenue, By End Use Industry, 2016 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.3.2. Europe Market Revenue, By Offerings, 2016 – 2028
      • 7.3.3. Europe Market Revenue, By Project Type, 2016 – 2028
      • 7.3.4. Europe Market Revenue, By End Use Industry, 2016 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.4.2. Asia Pacific Market Revenue, By Offerings, 2016 – 2028
      • 7.4.3. Asia Pacific Market Revenue, By Project Type, 2016 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By End Use Industry, 2016 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.5.2. Latin America Market Revenue, By Offerings, 2016 – 2028
      • 7.5.3. Latin America Market Revenue, By Project Type, 2016 – 2028
      • 7.5.4. Latin America Market Revenue, By End Use Industry, 2016 – 2028
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.6.2. Middle East and Africa Market Revenue, By Offerings, 2016 – 2028
      • 7.6.3. Middle East and Africa Market Revenue, By Project Type, 2016 – 2028
      • 7.6.4. Middle East and Africa Market Revenue, By End Use Industry, 2016 – 2028
  • Chapter No. 8. Terminal Automation System Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Driving Factor 1 Analysis
      • 8.2.2. Driving Factor 2 Analysis
    • 8.3. Market Restraints
      • 8.3.1. Restraining Factor Analysis
    • 8.4. Market Opportunities
      • 8.4.1. Market Opportunity Analysis
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Technulogy Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. Middle East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9. Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Terminal Automation System Market: Company Market Share, 2019
      • 9.1.2. Global Terminal Automation System Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 9.1.3. Global Terminal Automation System Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Terminal Automation System Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10. Company Profiles
    • 10.1. ABB Ltd.
      • 10.1.1. Company Overview
      • 10.1.2. Key Executives
      • 10.1.3. Product Portfulio
      • 10.1.4. Financial Overview
      • 10.1.5. Operating Business Segments
      • 10.1.6. Business Performance
      • 10.1.7. Recent Developments
    • 10.2. Schneider Electric
    • 10.3. Yokogawa Electric Corporation
    • 10.4. Honeywell International Inc.
    • 10.5. Emerson Electric Co.
    • 10.6. Siemens AG
    • 10.7. Endress+Hauser Management AG
    • 10.8. Rockwell Automation Inc.
    • 10.9. TechnipFMC plc
    • 10.10. Implico Group
  • Chapter No. 11. Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12. Research Methodulogy
    • 12.1. Research Methodulogy
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

List of Figures

FIG NO. 1. Market Attractiveness Analysis, By Offerings
FIG NO. 2. Market Attractiveness Analysis, By Project Type
FIG NO. 3. Market Attractiveness Analysis, By End Use Industry
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Terminal Automation System Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Offerings, 2020 & 2028
FIG NO. 8. Global Terminal Automation System Market for Hardware, Revenue (USD Million) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Terminal Automation System Market for Hardware, By Country, 2020 & 2028
FIG NO. 10. Global Terminal Automation System Market for Software & Services, Revenue (USD Million) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Terminal Automation System Market for Software & Services, By Country, 2020 & 2028
FIG NO. 12. Market Revenue Share, By Project Type, 2020 & 2028
FIG NO. 13. Global Terminal Automation System Market for Brownfield Projects, Revenue (USD Million) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Terminal Automation System Market for Brownfield Projects, By Country, 2020 & 2028
FIG NO. 15. Global Terminal Automation System Market for Greenfield Projects, Revenue (USD Million) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Terminal Automation System Market for Greenfield Projects, By Country, 2020 & 2028
FIG NO. 17. Market Revenue Share, By End Use Industry, 2020 & 2028
FIG NO. 18. Global Terminal Automation System Market for Oil & Gas, Revenue (USD Million) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Terminal Automation System Market for Oil & Gas, By Country, 2020 & 2028
FIG NO. 20. Global Terminal Automation System Market for Chemical, Revenue (USD Million) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Terminal Automation System Market for Chemical, By Country, 2020 & 2028
FIG NO. 22. Global Terminal Automation System Market for Others, Revenue (USD Million) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Terminal Automation System Market for Others, By Country, 2020 & 2028
FIG NO. 24. Global Terminal Automation System Market Revenue Share, By Region, 2020 & 2028
FIG NO. 25. North America Terminal Automation System Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 26. Porter’s Five Forces Analysis for Global Terminal Automation System Market
FIG NO. 27. PEST Analysis for Global Terminal Automation System Market
FIG NO. 28. Pricing Analysis for Global Terminal Automation System Market
FIG NO. 29. Value Chain Analysis for Global Terminal Automation System Market
FIG NO. 30. Company Share Analysis, 2019
FIG NO. 31. Radar Determinant Chart, 2019
FIG NO. 32. Company Strategic Developments – Heat Map Analysis
FIG NO. 33. ABB Ltd. Business Segment Revenue Share, 2020 (%)
FIG NO. 34. ABB Ltd. Geographical Segment Revenue Share, 2020 (%)
FIG NO. 35. Market Channels
FIG NO. 36. Marketing Channel Development Trend
FIG NO. 37. Growth in World Gross Product, 2008-2018
FIG NO. 38. Research Methodology – Detailed View
FIG NO. 39. Research Methodology
   


List of Tables

TABLE NO. 1. Global Terminal Automation System Market: Snapshot
TABLE NO. 2. Quarterly Terminal Automation System Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Terminal Automation System Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Terminal Automation System Market for Hardware, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Terminal Automation System Market for Software & Services, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Terminal Automation System Market for Brownfield Projects, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Terminal Automation System Market for Greenfield Projects, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Terminal Automation System Market for Oil & Gas, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Terminal Automation System Market for Chemical, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Terminal Automation System Market for Others, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Terminal Automation System Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 14. North America Terminal Automation System Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 15. North America Terminal Automation System Market Revenue, By Offerings, 2016 – 2028 (USD Million)
TABLE NO. 16. North America Terminal Automation System Market Revenue, By Project Type, 2016 – 2028 (USD Million)
TABLE NO. 17. North America Terminal Automation System Market Revenue, By End Use Industry , 2016 – 2028 (USD Million)
TABLE NO. 18. Drivers for the Terminal Automation System Market: Impact Analysis
TABLE NO. 19. Restraints for the Terminal Automation System Market: Impact Analysis
TABLE NO. 20. Major Buyers of Terminal Automation System
TABLE NO. 21. Distributors/Traders List of Terminal Automation System
TABLE NO. 22. Global Terminal Automation System Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 23. Global Terminal Automation System Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
 
 

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FrequentlyAsked Questions

The Global Terminal Automation System Market was valued at USD 8.63 Billion in 2020.

The Global Terminal Automation System Market is expected to reach more than USD 5.25 Billion in 2020 and is expected to reach more than USD 8.63 Billion by 2028, growing at a CAGR of more than 6.4% from 2021 to 2028.

Rising awareness about the environmental safety and efficacy with the motive of having an automated system for analyzing and managing data serves as the major factor for the growth of the overall terminal automation market. The governmental implication regarding the increase in the adherence of having high demand for environmentally cleaner fuel and safety regulations regarding the environment is also enhancing the growth of market.

The Asia Pacific region held a share of more than 28.6% in 2020 and is expected to show significant growth in the forecast period. The growth in this region is attributable to the growing demand for automation with the rising governmental initiatives such as Make in India and the rising number of petrochemical projects.

Some of the major companies operating in the XX market are ABB Ltd., Schneider Electric, Yokogawa Electric Corporation, Honeywell International Inc., Emerson Electric Co., Siemens AG, Endress+Hauser Management AG, Rockwell Automation Inc., TechnipFMC plc, Implico Group.

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