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Terminal automation market in the oil and gas industry in North America to grow at a CAGR of 6.22% over the period 2014-2019

09-16-2016 12:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Terminal automation market in the oil and gas industry in North

Terminal automation is a process in which a supervisory software system automates certain manual process in a terminal. Terminal automation systems are installed in bulk loading terminals to control HMI devices and to communicate with field devices such as PLCs, DCSs, flow computers, and batch controllers. Electronic pre-sets modern terminal automation systems are able to control the activities and processes from vehicle entry into a terminal to the exit with a bill of lading.

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Technavio's analysts forecast the terminal automation market in the oil and gas industry in North America to grow at a CAGR of 6.22% over the period 2014-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the terminal automation market in the oil and gas industry in North America during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of terminal automation services and products in the oil and gas industry in North America.

Technavio's report, the Terminal Automation Market in Oil and Gas Industry in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the terminal automation market in the oil and gas industry in North America and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors

ABB
Emerson Electric
Honeywell International
Siemens

Other prominent vendors

General Electric
Cimation
Yokogawa
Rockwell Automation
Larsen and Toubro

Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/275663

Market driver

Rise in US domestic oil and gas production
For a full, detailed list, view our report

Market challenge

Growing security concerns
For a full, detailed list, view our report

Market trend

Increase in growth of midstream infrastructure
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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