Terminal Automation Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com
Terminal Automation Market 2019-2024
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Press Release The human intervention in industrial tasks has been reducing owing to the automation that has penetrated in various sectors including industries. Evidently, industries need instruments to measure level and flow rate for which terminal automation is used. The prevalence of automation in industries has led to growth opportunities in the terminal automation market that is poised to attain a lucrative market size of $5,741 million by the end of 2023 as the demand for the same will observe a healthy compound annual growth rate (CAGR) of 5.82% during the forecast period of 2018 to 2023, according to a market intelligence study by IndustryARC’s analyst. The terminal automation market research report contains well-marshaled facts, figures, and statistics and the growth opportunities in the market along with the trends that are poised to disrupt the pricing scenario and market conditions. The report is titled, “Terminal Automation Market: Global Industry Analysis By Product (Control System, Integrated Safety System), By Mode (Truck, Marine), By End User Type (Cement, Chemical), By Type (Software, Services, Hardware) & By region – Forecast (2018-2023).” Terminal Automation Market: Leading Segments According to the geographical scrutiny executed by the market analyst, North America was found to be the region with the maximum opportunities in the terminal automation market. This is much attributed to the technological advancements in countries such as the US, Mexico, and Canada. Moreover, North America is home to a myriad of industries in the oil & gas and pharmaceutical sector due to which the terminal automation market has gained a propitious prominence in the region. North America had a terminal automation market revenue of $1330.48 in 2017. The terminal automation market is segmented on the basis of products that include control system and an integrated safety system. Although control systems observed hefty revenues in 2017, the safe integrated system segment of the terminal automation market is poised to observe an impressive growth, and the application segment is estimated to witness a substantial CAGR of 7.6% through to 2023. This is because of the stringent safety regulations enforced by regulatory bodies such as OSHA and others in order to reduce the accidents and incidents in the plants. Terminal Automation Market: Trends and Growth Drivers The Growth of Oil & Gas Industry – The future foresees an augmented production of oil in refineries worldwide in order to suffice the primary energy demand of the growing population. Evidently, this will lead to an incremented installation of automation solutions in the refineries which will also help in increasing the trade of crude oil. Terminal automation market will play a crucial role in the oil & gas sector in the future. The Reduction in Human Resources in Industries – The inflation has led to an augmented labor cost in the industries, and there is also a dearth of workers that are trained to execute industrial tasks. Subsequently, this has created a robust growth potential for technology alternatives, and therefore, the terminal automation market is booming. Government Regulations and the Exuded Use of Wireless Technologies –
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The governments have enforced laws pertaining to tasks in the industries, and it has become imperative to utilize wireless technologies for some of the tasks that can create safety issues. This requirement is creating growth prospects in the terminal automation market. The Investments in the Terminal Automation Market – The organizations are now aware of the potent penetration of technology in the industrial sector and the advantages that they can reap in terms of profit. This is leading to incremented investments in the automation sector which is creating scope for vendors in the terminal automation market. Terminal Automation Market: Competitive Landscape Some of the key companies identified in the terminal automation market intelligence report that are striving to capitalize on the demand for the technology are Honeywell International Inc., The Emerson Electric Co., Schneider Electric SE, Yokogawa Electric Corporation, Rockwell, Inc., and others. Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=15456 Related Reports: a)Industrial and Factory Automation Market https://industryarc.com/Report/60/Global-Industrial-Factory-Automation-Market.html b)Factory Automation Mechanical Component Market https://industryarc.com/Report/196/factory-automation-mechanical-products-market-analysis.html About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc
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Industry Market Research for Business Leaders, Strategists, Decision Makers
Table of Contents 1. Terminal Automation Market - Overview 1.1. Introduction 1.2. Market Scope 1.3. Stakeholders 2. Terminal Automation Market - Executive Summary 3. Terminal Automation Market - Landscape 3.1. Market Share Analysis 3.1.1. Market Share Analysis 3.1.1.1. Software 3.1.1.2. Services 3.2. Comparative Analysis 3.2.1. Competitor Benchmarking 3.2.2. Competitor Financial Analysis 3.2.3. Patent Analysis 3.2.4. End-User Profiling 4. Terminal Automation Market - Forces 4.1. Market Drivers 4.1.1. Rising labor cost and aging workforce enhance the growth for automation of terminals 4.1.2. Government regulations and mandates advent of wireless technologies 4.1.3. Increasing investments for brownfield terminals automation 4.1.4. Increase in demand for natural gas and crude oil and expansion of oil terminals 4.2. Market Constraints 4.3. Market Challenges 4.3.1. Low capital expenditure for terminal automation projects 4.3.2. Reduction in crude oil prices impacts the oil and gas terminal automation 4.4. Attractiveness of the Terminal Automation Market 4.4.1. Power of Suppliers 4.4.2. Power of Customers 4.4.3. Threat of New entrants 4.4.4. Threat of Substitution 4.4.5. Degree of Competition 5. Terminal Automation Market- Strategic Analysis 5.1. Value Chain Analysis 5.2. Pricing Analysis 5.2.1. Influence Factor Analysis 5.2.2. Forecast of Prices 5.3. Opportunities Analysis 5.3.1. Cloud & IoT ushers in the future of terminal automation 5.4. Life Cycle Analysis 5.5. Suppliers & Distributers 6. Terminal Automation Market - By Product 6.1. Control System 6.1.1. DCS 6.1.2. PLCs 6.1.3. Scada 6.1.4. HMI 6.2. Integrated Safety System 6.2.1. Process Safety System (PSS) 6.2.2. Automatic Tank Gauging (ATG)
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6.2.3. Preset/Blend Controller 6.2.4. Security System 7. Terminal Automation Market - By Mode 7.1. Introduction 7.2. Truck 7.3. Pipeline 7.4. Marine 8. Terminal Automation Market - By End User Industry 8.1. Introduction 8.2. Cement 8.3. Oil & Gas 8.4. Chemical and Petrochemical 9. Terminal Automation Market - By Type 9.1. Software 9.1.1. Terminal Management 9.1.2. Business System Integration 9.1.3. Inventory Management 9.1.4. Transaction Management 9.1.5. SCADA/HMI 9.1.6. Reporting 9.2. Service 9.2.1. Operations 9.2.2. Project Management 9.2.3. Consulting 9.2.4. Commissioning & Checkout 9.2.5. Training 9.3. Hardware 10. Terminal Automation Market - By Geography 10.1. Introduction 10.2. North America 10.2.1. U.S. 10.2.2. Canada 10.2.3. Mexico 10.3. Europe 10.3.1. U.K. 10.3.2. Germany 10.3.3. France 10.3.4. Italy 10.3.5. Spain 10.3.6. Russia 10.3.7. Rest of Europe 10.4. Asia-Pacific 10.4.1. China 10.4.2. India 10.4.3. Japan 10.4.4. South Korea 10.4.5. Rest of APAC 10.5. RoW 10.5.1. Middle East 10.5.2. Africa 10.5.3. South America 11. Terminal Automation Market Entropy 11.1. Introduction 11.2. Most Dominant Strategy 11.3. Mergers, Agreements & Partnerships 11.4. Acquisitions and Others 12. Company Profiles 12.1. Company 1
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12.2. Company 2 12.3. Company 3 12.4. Company 4 12.5. Company 5 12.6. Company 6 12.7. Company 7 12.8. Company 8 12.9. Company 9 12.10. Company 10 *More than 10 Companies are profiled in this Research Report* "*Financials would be provided on a best efforts basis for private companies" 13. Appendix 13.1. Abbreviations 13.2. Sources 13.3. Research Methodology 13.4. Bibliography 13.5. Compilation of Experts 13.6. Disclaimer
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