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The terminal automation market in the oil and gas industry has the potential to grow by USD 481.37 million during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 3.05%.
This terminal automation market research report of the oil and gas industry provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by product (hardware, software, and services), application (oil terminal and natural gas terminal), and geography (North America, MEA, Europe, APAC, and South America). The terminal automation market report of the oil and gas industry also offers information on several market vendors, including ABB Ltd., Emerson Electric Co., Honeywell International Inc., Implico GmbH, Inter Pipeline, Leidos Holdings Inc., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. among others.
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Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The global expansion in oil terminals is notably driving the terminal automation market growth in the oil and gas industry. To unlock information on the key market drivers and the COVID-19 pandemic impact on the terminal automation market in the oil and gas industry get your FREE report sample now.
This terminal automation market analysis report of the oil and gas industry also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The terminal automation market in the oil and gas industry is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the terminal automation market forecast report of the oil and gas industry for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
For more insights on the market share of various regions Request for a FREE sample now!
26% of the market’s growth will originate from MEA during the forecast period. Saudi Arabia is a key market for terminal automation in the oil and gas industry in MEA.
The report offers an up-to-date analysis of the geographical composition of the market. MEA has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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The terminal automation market share growth in the oil and gas industry by the hardware segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2020-2024 and embrace technologies to improve business efficiency.
Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the terminal automation market size in the oil and gas industry.
North America Terminal Automation market in the Oil and Gas Industry - The market is expected to grow at a CAGR of 6.22% over the period 2014-2019.
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Terminal Automation Market In The Oil And Gas Industry Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3% |
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Market growth 2020-2024 |
$ 481.37 million |
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Market structure |
Fragmented |
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YoY growth (%) |
-5.17 |
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Regional analysis |
North America, MEA, Europe, APAC, and South America |
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Performing market contribution |
MEA at 26% |
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Key consumer countries |
US, Russian Federation, Saudi Arabia, Canada, and China |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABB Ltd., Emerson Electric Co., Honeywell International Inc., Implico GmbH, Inter Pipeline, Leidos Holdings Inc., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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