"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"
According to this research, 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.
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This research report categorizes the global Terminal Automation System Market for Oil & Gas on the basis of the products, components, applications, and geography. It also covers the forecasted revenue from 2014 to 2020 and the future applications. This report also shows the deployments of the Terminal Automation System Market for Oil & Gas systems across various regions.
The Terminal Automation System Market for Oil & Gas is showcasing a high growth, currently, due to the need for automated systems to increase the functional and operational efficiencies at a low cost.
The overall global terminal automation market in oil and gas is segmented into three major segments, namely - by product, by transportation mode, and by geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately classified in the report. The global market is expected to reach up to $4.4 billion by 2020, at an estimated CAGR of 8.91% from 2014 to 2020.
Major companies contributing in this market 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(U.K.), Larsen & Toubro (India), Rockwell Automation Inc.(U.S.), Schneider electric (France), Siemens AG (Germany) , Wipro LTD (India), and Yokogawa(Japan) .Geographical analysis covers the Middle East, America, Europe, Asia-Pacific, and ROW. In this report, the Americas segment is further segregated by the North America and South America regions.
The Middle East consists of Saudi Arab, Iran, Iraq, and the ‘others’, while the APAC is segregated into Japan, China, India, South Korea, Indonesia, and ‘others’. Meanwhile, the ROW region includes Russia and the ‘others’; while Europe and Africa are the smallest contributors in the Terminal Automation System Market for Oil & Gas. This geographical analysis is useful to analyze the terminal automation market in oil and gas, geography wise.
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