Terminal Automation Market Competitive Landscaping And Impact Of COVID-19 | Top 10 Companies - Varec, Rockwell Automation, Honeywell International, ABB Ltd., Technipfmc PLC, Siemens AG, Endress+Hauser Group Services AG

To understand the market in depth, Terminal Automation market research report is the perfect solution. With the specific base year and the historic year, estimations and calculations are performed in the report. This global market research report studies the market at regional and global level by considering major geographical areas. This Terminal Automation report is generated with the combination of best industry insight, practical solutions, talent solutions and latest technology. The analysis and forecasting of market data using best statistical and coherent models, market share analysis and key trend analysis are the major accomplishing factors in this market report.

Global terminal automation market is to register a substantial CAGR of 6.50% forecast to 2026. The rise in the market value can be attributed to the increasing labor cost and advanced operational efficacy

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Key Players

Honeywell,
Schneider Electric,
Emerson,
Varec, Inc (a Leidos company),
ABB,
TechnipFMC,
Yokogawa Electric Corporation,
Chemtrols Industries Limited,
Moffatt & Nichol,
PETRONAS Carigali Sdn Bhd,
PETRONAS,
Implico GmbH,
Cimation,
Endress+Hauser Group,
GE,
FMC Technologies,
Invensys - Acquired by Schneider Electric,
Siemens,
Inter Terminals Limited,
Vopak,
Zebra Technologiesm and others

Market Drivers:

Increased investment in the production of oil and gas, is leading to the growth of the market
The ability to enhance the overall operational efficiency, is helping in the growth of the market
Growing demand for environmentally cleaner fuel results in the increased adoption of natural gas, and drives the market growth
Adherence to environmental and safety regulations, fosters the growth of the market

Market Restraints:

Dependence on the regulatory authority for approval results in project delays, hampers the market growth
Relatively slow recovering process of the chemical industry, have been restraining the growth of the market
Delay due to dependency on the regulatory authority for allowance, hinders the growth of the market

Key developments and product launches in the market

Potential and niche segments/regions exhibiting promising growth

Learn about the market strategies that are being adopted by your competitors and leading organizations

Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details

Market Segmentation

By Offerings (Hardware, Software & Services),

Project Type (Brownfield projects, Greenfield projects),

Vertical (Oil & Gas, Chemical, Others),

Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

Key Developments in the Market

In August 2019, Worldwide Terminals Fernandina selects the Octopi TOS which will modernise the infrastructure of its fort. The software is designed to enhance ship scheduling and gate activities and can monitor cargo moving between truck, vessel and rail, share real-time information, and automate procedures such as client billing and inventory. It will modernise as well as expand automation on the terminal infrastructure at the port.

In July 2019, APM Terminals signed an agreement with International Longshore and Warehouse Union (ILWU) for a training program which prepares ILWU mechanics to repair and maintain the equipment of the automation cargo-handling. When APM comes in Los Angeles, the device will be deployed on a 100-acre parcel of its container terminal. It is the opportunity for the ILWU to upskill their workers.

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