Global Terminal Automation Market in the Oil and Gas Industry 2020-2024

Global Terminal Automation Market in the Oil and Gas Industry 2020-2024

  • September 2020 •
  • 120 pages •
  • Report ID: 5069681 •
  • Format: PDF
Global Terminal Automation Market in The Oil And Gas Industry 2020-2024
The analyst has been monitoring the terminal automation market in the oil and gas industry and it is poised to grow by USD 481.37 mn during 2020-2024 progressing at a CAGR of 3% during the forecast period. Our reports on terminal automation market in the oil and gas industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the global expansion in oil terminals, increasing demand for attaining operational efficiency and global increase in demand for crude oil and natural gas. In addition, global expansion in oil terminals is anticipated to boost the growth of the market as well.
The terminal automation market in the oil and gas industry market analysis includes product segment, application segment and geographical landscapes

The terminal automation market in the oil and gas industry is segmented as below:
By Product
• Hardware
• Software
• Services

By Application
• Oil terminal
• Natural gas terminal

By Geographical Landscapes
• North America
• MEA
• Europe
• APAC
• South America

This study identifies the emergence of IoT and cloud integration as one of the prime reasons driving the terminal automation market in the oil and gas industry growth during the next few years. Also, increasing trend of terminals owned by independent players and rising investment in LNG will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our terminal automation market in the oil and gas industry covers the following areas:
• Terminal automation market in the oil and gas industry sizing
• Terminal automation market in the oil and gas industry forecast
• Terminal automation market in the oil and gas industry industry analysis