Global Terminal Automation Market 2016-2020
Published: Feb 2016 | Pages: 59 | SKU: IRTNTR8658 |
Overview of the global terminal automation market
A loading terminal offers centralized and systematic control over bulk loading terminal operations and helps to store industrial products that are received from cross-country pipelines, railways, ships, and trucks. Terminal automation technology is the most cost efficient and practical solution for enhancing the overall performance. Benefits such as its ability to boost efficiency, safety, and reduce the burden of compliance will result in this market’s steady CAGR of over 6% during the forecast period.
Technavio’s market research analyst has estimated eminent factors, such as the rising need to improve efficiency with cost control, to impel market growth during the forecast period. Automation strategies, such as terminal automation, have revolutionized processes like loading, unloading, and distribution of produce in terms of security, safety, and productivity. Consequently, these strategies are being used across all industrial sectors to enhance their existing systems. Its ability to improve transport feasibility and efficiency, conserve energy, and allow real-time supervision and monitoring, especially in inaccessible and hazardous areas, will result in its augmented adoption during the predicted period.
Segmentation by end user and analysis of the terminal automation market
- Cement
- Oil and gas
- Chemicals and petrochemicals
In this segmentation analysis, the analysts have estimated the oil and gas segment to account for more than 50% of the total market share by 2020. The integration of various processes, such as loading, unloading, truck queue management, processing of bill of landing, at terminals to distribute fuel efficiently will lead to the strong demand for terminal automation solutions in the oil and gas sector during the estimated period.
Geographical segmentation of the terminal automation market
- Americas
- APAC
- EMEA
In terms of geography, the APAC region will be the largest market for terminal automation solutions during the forecast period. Factors such as the high demand from the manufacturing sector, such as the cement industry and chemicals and petrochemicals industry, to improve operational efficiency, minimize operational costs, preserve the environment, and promote employee safety will lead to the strong growth of this market in APAC. According to this market research, the market for terminal automation in APAC will grow at a CAGR of nearly 7% until 2020.
Competitive landscape and key vendors
The global market for terminal automation will exhibit drastic growth during the estimated period and is highly organized due to the presence of some large and small players. In this market, the regional and local vendors offer cost-effective customized automation control systems as it will help them to bolster their market shares. The vendors’ growing focus on product innovation and R&D activities will help them to expand their market footprint.
Key vendors in this market are -
- Honeywell
- Emerson Electric
- ABB
- Schneider
- Rockwell
Other prominent vendors are Siemens, General Electric, Yokogawa Electric, Cimation, Endress+Hauser, FMC Technology, and Invensys.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global terminal automation market?
- What are the key market trends impacting the growth of the global terminal automation market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global terminal automation market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global terminal automation market?
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Table of Contents
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
- Other prominent vendors
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Five forces analysis
PART 06: Market segmentation by end-user
- Market overview
PART 07: Geographical segmentation
- Global automation market by geography
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
- Competitive scenario
- Competition business overview
- Competition financials
- Recent developments
- Key takeaways
PART 14: Appendix
- List of abbreviation
PART 15: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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