Uploaded on Feb 9, 2021
Terminal automation systems are a mixture of hardware and software that used to improve the safety of different terminal types. A terminal usually relates to storage facilities for products including oil, gas, and chemicals. It can also refer to warehouses from where the products are sent to the locations of the point of sale (POS).
Terminal Automation Market Growth, Trends, COVID-19 Impact, And Forecast (2019 - 2026)
Terminal Automation Market Growth, Trends, COVID-
19 Impact, And Forecast (2019 - 2026)
Terminal Automation Market By Offerings (Hardware, Software & Services), Project Type
(Brownfield projects, Greenfield projects), Vertical (Oil & Gas, Chemical, Others),
Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa) –
Industry Trends and Forecast to 2026
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Report Description
Global terminal automation market is to register a substantial CAGR of 6.50% in the
forecast period of 2019-2026. The report contains data from the base year of 2018 and
the historic year of 2017. The rise in the market value can be attributed to the increasing
labor cost and advanced operational efficacy
Terminal automation systems are a mixture of hardware and software that used to
improve the safety of different terminal types. A terminal usually relates to storage
facilities for products including oil, gas, and chemicals. It can also refer to warehouses
from where the products are sent to the locations of the point of sale (POS). Terminal
automation systems help these terminals to be monitored and safe. Terminal automation
system generally helps to coordinate activities such as receiving, reconciling, storing and
distributing products, preventing fraud, raising alarms for unfavorable occurrences and
among others, ensuring overall terminal safety.
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Major Key Players
Some of the major players operating in this market are :
• Schneider Electric
• Emerson Electric Co.
• ABB, Siemens
• Honeywell International Inc
• TechnipFMC plc
• Rockwell Automation, Inc
• LARSEN & TOUBRO LIMITED
• Implico
• GENERAL ELECTRIC
• Yokogawa India Ltd.
• Inter Terminals Limited
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Market Segmentation
• By Offerings (Hardware, Software & Services))
• By Project Type (Brownfield projects, Greenfield projects)
• By Vertical (Oil & Gas, Chemical, Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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