Trade Terminal is an Australian owned and operated online booking system provider that provides flexible and cost-effective corporate booking automation solutions that most providers can’t offer.
According to this market research report "Terminal Automation Market by Offering (Hardware (SCADA, PLC, Security System, Field Devices, Tank Loading Area), Software & Services),Project Type (Brownfield, and Greenfield), Vertical, and Geography - Global Forecast to 2022", the terminal automation market was valued at USD 3.82 Billion in 2016 and is expected to reach USD 5.21 Billion by 2022 at a CAGR of 5.15% between 2017 and 2022.
Browse 68 market data tables and 54 figures spread through 164 pages and in-depth TOC on "Terminal Automation Market - Global Forecast to 2022"Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=37561320Early buyers will receive 10% customization on reports.The increasing investment for upgrading brownfield terminal infrastructure in North America and the growing adoption of natural gas owing to the increased adoption of environmentally cleaner fuels are driving the growth of the terminal automation market.Tank loading area expected to witness high growth rate during the forecast periodThe tank loading area includes trucks, pipelines, railways and roads, tankers, river navigation, barges, rail tankers, and tanker trucks.
The major factor driving the growth of automated trucks in the terminal automation brownfield market is the need for low-cost operations and reduction in labor dependency.Chemical vertical of the terminal automation market expected to grow at a higher CAGR between 2017 and 2022The key reason contributing to the growth of chemical vertical in the terminal automation market is the need for developing the potential of digital technologies for capitalization and value creation.
It has multiple features such as explosion proof design, expandable I/Os, and start-up time of less than one minute.Terminal automation market in APAC likely to grow at a higher CAGR during the forecast periodThe terminal automation market in APAC is driven by the increase in the number of terminal automation projects in countries such as India, Malaysia, and the Philippines.
Honeywell International Inc. (US) received a contract from Vietnam Oil and Gas Group (Vietnam) to provide professional consulting services and advice to the company and its subsidiaries for future investment projects.Major players operating in the terminal automation market include ABB Ltd. (Switzerland), Honeywell International, Inc. (US), Siemens AG (Germany), Yokogawa Electric Corporation (Japan), Rockwell Automation, Inc. (US), Schneider Electric (France), Emerson Electric Corporation (US), Endress + Hauser AG (Switzerland), TechnipFMC plc (UK), and Implico GmbH (Germany).
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