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Terminal Automation System Market as the New Industry Growth Driver

(EnergyIndustry.Net, April 05, 2017 ) According to a new market research report "Terminal Automation System Market for Oil & Gas by Product (DCS, SCADA, PLC, HMI, Process Safety System, Automatic Tank Gauging, Blending Controls & Security), Transportation Mode (Truck & Pipeline) & Geography - Analysis & Forecast to 2014 - 2020", published by MarketsandMarkets, the global terminal automation market is expected to reach up to $4.4 Billion by 2020, at an estimated CAGR of 8.91% from 2014 to 2020.





♦Download PDF Brochure:

http://www.marketsandmarkets.com/pdfdownload.asp?id=37561320





Oil and gas terminal automation market is a fast developing market, which includes eight product segments; namely DCS, SCADA, PLC, PSS, HMI, blending controller, automatic tank gauging, and security.



Terminal Automation System Market for Oil & Gas is known for its ability to manage and analyze data with the aid of its advanced technology. Terminal automation provides various benefits to the oil and gas industry, especially, the betterment of the processes and real time data management. The overall transportation of the oil and gas terminal automation is segmented into two sub segments, which are truck and pipeline. While, geography-wise the market is segmented into Middle East, the Americas (North and South America), Europe, APAC, and ROW.



There are a few factors, which are significantly impacting the Terminal Automation System Market for Oil & Gas in positive way; these factors are helping the terminal automation systems to grow and match the needs and demands of the customer. In other words, these are the market elements, which are supporting the oil and gas terminal automation market, so as to bloom it in the current market scenario. The major driving factors for the global terminal automation system market are: - growing concern on safety, security & accuracy at the terminal areas, upgradation of old terminals to automated terminals, increasing interest in advanced operational activities, and the need to integrate the entire terminal system.



The major companies profiled in this report are:-ABB Ltd (Switzerland), Cimation ( Texas), Emerson electric company ( U.S.), Endress+Hauser AG (Switzerland), FMC technology(U.S.), General Electric (U.S.), Honeywell process solution (U.S.), Invensys Ltd(U.K.), Larsen & Toubro (India), Rockwell Automation Inc.(U.S.), Schneider electric (France) , Siemens AG (Germany), Wipro Ltd (India), and Yokogawa electric corporation (Japan).



About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.



MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



Contact:

Mr. Rohan

MarketsandMarkets™

701 Pike Street

Suite 2175, Seattle,

WA 98101, United States

Tel: 1-888-600-6441



MarketsandMarkets

Mr. Rohan

1-888-600-6441

sales@marketsandmarkets.com

Source: EmailWire.Com

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