Global Terminal Automation Market in the Oil and Gas Industry 2017-2021

  • ID: 4376177
  • Report
  • Region: Global
  • 78 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Honeywell
  • Inter Terminals
  • Rockwell Automation
  • Siemens
  • Varec
  • MORE
About Terminal Automation in the Oil and Gas Industry

Terminal automation is a system that eases the product handling at the terminal and enables integration of these operations with the business software. It is used to measure, control, automate, and report all the exchanges and transfers. It offers complete management from receipt of the product to inventory control to dispatch recording. Terminal automation systems are deployed in various applications in the oil and gas terminals. Oil terminals include truck and pipeline terminals, whereas gas terminals include liquefaction liquid natural gas (LNG) and regasification LNG terminals.

The analysts forecast the global terminal automation market in the oil and gas industry to grow at a CAGR of 6.72% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global terminal automation market in the oil and gas industry for 2017-2021. To calculate the market size, the report considers new installations, value, and aftermarket services market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Terminal Automation Market in the Oil and Gas Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
  • ABB
  • Emerson
  • Implico Group
  • Schneider Electric
  • Yokogawa
Other prominent vendors
  • Honeywell
  • Larsen & Toubro
  • Siemens
  • Rockwell Automation
  • TechnipFMC
  • Varec
  • Inter Terminals
Market drivers
  • Global expansion in oil terminals
  • For a full, detailed list, view the full report
Market challenges
  • Huge capital investment and business downtime
  • For a full, detailed list, view the full report
Market trends
  • Emergence of IoT and cloud integration
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Honeywell
  • Inter Terminals
  • Rockwell Automation
  • Siemens
  • Varec
  • MORE
PART 01:Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Global terminal automation market in the oil and gas industry by hardware
  • Global terminal automation market in the oil and gas industry by software
  • Global terminal automation market in the oil and gas industry by services
PART 07: Market segmentation by application
  • Market overview
  • Global terminal automation in the oil and gas industry in oil terminals
  • Global terminal automation in the oil and gas industry in natural gas terminals
PART 08: Geographical segmentation
  • Market overview
  • Global terminal automation market in the oil and gas industry in Americas
  • Global terminal automation market in the oil and gas industry in EMEA
  • Global terminal automation market in the oil and gas industry in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Emergence of IoT and cloud integration
  • Increasing trend of terminals owned by independent players
  • Rising investment in LNG
PART 12: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 13: Key vendor analysis
  • ABB
  • Emerson
  • Implico Group
  • Schneider Electric
  • Yokogawa
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Terminal automation architecture
Exhibit 02: Advantages of terminal automation
Exhibit 03: Market segmentation
Exhibit 04: Global terminal automation market in the oil and gas industry 2016-2021 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global terminal automation market in the oil and gas industry by product 2016-2021 (%)
Exhibit 07: Global terminal automation market in the oil and gas industry by hardware 2016-2021 ($ millions)
Exhibit 08: Global terminal automation market in the oil and gas industry by software 2016-2021 ($ millions)
Exhibit 09: Features of software solutions
Exhibit 10: The advantages provided by software solutions
Exhibit 11: Global terminal automation market in the oil and gas industry by services 2016-2021 ($ millions)
Exhibit 12: Services carried out in terminal automation market in the oil and gas industry
Exhibit 13: Global terminal automation market in the oil and gas industry by application (%)
Exhibit 14: Global terminal automation market in the oil and gas industry in oil terminal 2016-2021 ($ millions)
Exhibit 15: Global terminal automation market in the oil and gas industry in natural gas terminal 2016-2021 ($ millions)
Exhibit 16: Global terminal automation market in the oil and gas industry by geography
Exhibit 17: Global terminal automation market in the oil and gas industry in Americas 2016-2021 ($ million)
Exhibit 18: Global terminal automation market in the oil and gas industry in EMEA 2016-2021 ($ million)
Exhibit 19: Global terminal automation market in the oil and gas industry in APAC 2016-2021 ($ millions)
Exhibit 20: Few upcoming investments in tank terminals
Exhibit 21: Global liquid fuel consumption 2007-2018 (mbpd)
Exhibit 22: Pros and cons of IoT
Exhibit 23: Global power generation capacity by natural gas fuel 2016-2031 (GW)
Exhibit 24: Global LNG trade 2005-2015 (MTPA)
Exhibit 25: Other prominent vendors
Exhibit 26: ABB business segments:
Exhibit 27: ABB: Recent developments
Exhibit 28: Emerson business segments:
Exhibit 29: Emerson: Recent developments
Exhibit 30: Implico business segments:
Exhibit 31: Implico Group: Recent developments
Exhibit 32: Schneider Electric business segments:
Exhibit 33: Schneider Electric: Recent developments
Exhibit 34: Yokogawa business segments:
Exhibit 35: Yokogawa: Recent developments
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FEATURED COMPANIES

  • ABB
  • Honeywell
  • Inter Terminals
  • Rockwell Automation
  • Siemens
  • Varec
  • MORE
New Report Released: – Global Terminal Automation Market in the Oil and Gas Industry 2017-2021

The author of the report recognizes the following companies as the key players in the global terminal automation market in the oil and gas industry: ABB, Emerson, Implico Group, Schneider Electric, and Yokogawa.

Other Prominent Vendors in the market are: Honeywell, Larsen & Toubro, Siemens, Rockwell Automation, TechnipFMC, Varec, and Inter Terminals.

Commenting on the report, an analyst from the research team said: “One trend in the market is emergence of IoT and cloud integration. IoT is the next generation technology for all the applications due to its superior advantages in connectivity. By 2016, IoT had already commercialized to a degree in the factory, thereby bringing an industrial revolution with the concept of Industry 4.0. The accompanying global digitalization is growing rapidly across the world and involves components that can identify and transmit conditional information.”

According to the report, one driver in the market is global expansion in oil terminals. Oil terminals are required to store the crude oil and petroleum products. The tank terminal industry is one of the spurring industries since last decade. The oil terminal owners made profits owing to the increased trade of oil and gas and increasing demand for storing the product in the high oil and gas prices scenario. However, in low oil prices scenario, the industry is propelled by the trading and marketing activities by the countries. With low crude oil prices, oil and gas supply chain market structure is contango (a situation in which future value of the commodity is higher compared to spot pricing).

Further, the report states that one challenge in the market is huge capital investment and business downtime. Terminal automation provides several benefits ranging from increased operational efficiency to lowering the manual interference. However, penetration of terminal automation in the oil and gas industry is much lower, due to high upfront cost, extended downtime, and interoperability issue in some instances that hamper the workability after automation. Terminal owners can automate the terminal at one go or process by process. Terminal automation at one go reduces the risk of interoperability at a later stage, but downtime is more.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • ABB
  • Emerson
  • Implico Group
  • Schneider Electric
  • Yokogawa
  • Honeywell
  • Larsen & Toubro
  • Siemens
  • Rockwell Automation
  • TechnipFMC
  • Varec
  • Inter Terminals
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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