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REPORT SCOPE & OVERVIEW

The Terminal Automation Market size was estimated at USD 7.35 billion in 2022 and is expected to reach USD 11.19 billion by 2030 at a CAGR of 5.40% during the forecast period of 2023-2030. 

The increasing number of terminal operations throughout the world has increased market demand for terminal automation. The implementation of such a system considerably improves the efficiency and performance of terminal operations, providing a market boost. The increased global demand for oil and gas has resulted in the creation and upgrading of terminal infrastructure, which has aided Vertical growth. Real-time safety warnings, automated data collection, tank farm automation, unique visuals and user interfaces, and product movement tracking are giving future development potential in the oil and gas sector.

Certain obstacles and hurdles would impede the overall terminal automation market's expansion. Stringent rules and lengthy time frames for regulatory clearances are impeding Vertical expansion. Furthermore, the chemical Vertical's delayed recovery has stifled the growth of the terminal automation system market.

Terminal Automation Market Revenue Analysis

MARKET DYNAMICS

DRIVER

  • Increasing efficiency demand, expanding trade activities, and safety and security concerns.

Terminal automation systems are used to increase the efficiency and productivity of terminal operations, reduce turnaround times, and optimize resource use. As the global trade sector grows, so does the demand for terminal automation systems to handle the growing amount of freight and merchandise. Automation systems' enhanced safety and security features encourage their use at terminals to prevent accidents and theft.

RESTRAIN 

  • Integration Difficulties and Cybersecurity Threats.

It can be difficult and time-consuming to integrate automation systems with current infrastructure and technology. As terminals become increasingly automated, they become more vulnerable to hackers, necessitating strong cyber security precautions.

OPPORTUNITY 

  • Technological Progress

  • Environmental Rules and Regulations

Technology advancements like IoT, AI, and machine learning provide prospects for greater automation and data analytics in terminals. Environmental laws are putting pressure on terminals to embrace greener, more efficient automation systems.

CHALLENGES

  • Market Competence

  • Regulations are changing

The terminal automation Vertical is competitive, with several competitors providing comparable solutions, resulting in pricing pressures. Evolving rules and standards in the shipping and logistics business can make compliance and system improvements difficult.

IMPACT OF RUSSIAN-UKRAINE WAR

Russia-Ukraine War Influence, the worldwide market for terminal automation in oil and gas, is expected to reach a revised value of USD 1304.6 million by 2028, rising at a CAGR of 6.9 percent during the forecast period of 2022–2028. Growing demand for liquefied natural gas, along with excess oil and gas production in some parts of the world, especially North America, has resulted in a greater emphasis on the building of storage facilities across the world. As a result, increased investment in the building of oil and gas terminals is expected throughout the projection period. This, together with the current demand-supply dynamic, is likely to drive revenue growth in the worldwide oil and gas terminal automation market during the next ten years.

IMPACT OF ONGOING RECESSION

Disruptions in the Supply Chain Recessions can disrupt supply chains, producing changes in cargo handling needs at ports and potentially impacting automation system usage. Financial Constraints During a recession, terminal operators may encounter financial difficulties, making it harder to fund automation improvements or expansions. Companies in the terminal automation sector may experience higher competition for fewer projects, thus hurting price and profit margins. Regulatory Modifications Governments may enact new rules or regulations to aid economic recovery, which may have an influence on the terminal automation business.

KEY SEGMENTS

By Offering

  • Hardware

  • Software & Services

By Project type

  • Brownfield projects

  • Greenfield projects

By Vertical

  • Oil & Gas

  • Chemical

  • Others

Terminal Automation Market Segmentation Analysis

REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSES

China is expected to be one of the top participants in the worldwide terminal automation industry by the end of the forecast period, with a market value of $2.9 billion. The country has a significant need for terminal automation systems, which is being driven by increasing industrialization, increased infrastructure development expenditures, and the need to enhance efficiency in port and terminal operations, with a CAGR of 5.5%. The government's objective of improving logistics and supply chain integration helps market expansion.

By 2033, the terminal automation sector in the United Kingdom is anticipated to be worth $279.2 million. Despite a relatively low growth rate of 2.6%, the government places great emphasis on enhancing terminal operations through automation. The emphasis on lowering carbon emissions, optimizing supply chain management, and improving overall operational reliability in logistics and transportation are factors driving this development sector.

Key Players

The major key players are ABB Lid., Honeywell International Inc., Siemens AG, Yokogawa Electric Corporation, Rockwell Automation Inc., Schneider Electric, Emerson Electric Co., Endress+Hauser Management AG., TechnipFMC plc, Implico Group, others.

RECENT DEVELOPMENTS

Eaton and CyberArk: In August 2022, will collaborate to strengthen the security of utility transmission and distribution systems and networks. This collaboration offers fully automated solutions to help utilities ease a critical component of cybersecurity compliance for current grid automation systems.

Schneider Electric and Hitachi Energy: In June 2022, Schneider Electric and Hitachi Energy will collaborate to accelerate the adoption of sustainable and smart energy management technologies. As a result of this collaboration, both companies' medium- and high-voltage product portfolios will be expanded, giving consumers additional options.

Terminal Automation Market Report Market:
Report Attributes Details
Market Size in 2022 US$ 7.35 Bn
Market Size by 2030 US$ 11.19 Bn
CAGR  CAGR of 5.40% From 2023 to 2030
Base Year  2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Offering (Hardware, Software & Services)
• By Project type (Brownfield projects, Greenfield projects)
• By Vertical (Oil & Gas, Chemical, Others)





 
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles ABB Lid., Honeywell International Inc., Siemens AG, Yokogawa Electric Corporation, Rockwell Automation Inc., Schneider Electric, Emerson Electric Co., Endress+Hauser Management AG., TechnipFMC plc, Implico Group
Key Drivers • Increasing efficiency demand, expanding trade activities, and safety and security concerns.
Terminal automation systems are used to increase the efficiency and productivity of terminal operations, reduce turnaround times, and optimize resource use. As the global trade sector grows, so does the demand for terminal automation systems to handle the growing amount of freight and merchandise. Automation systems' enhanced safety and security features encourage their use at terminals to prevent accidents and theft.
 
Market Challenges • Market Competence
• Regulations are changing
The terminal automation Vertical is competitive, with several competitors providing comparable solutions, resulting in pricing pressures. Evolving rules and standards in the shipping and logistics business can make compliance and system improvements difficult.

 

 

Frequently Asked Questions

The Terminal Automation Market is expected to grow at a CAGR of 5.21% from 2023 to 2030.

According to our analysis, the Terminal Automation Market is anticipated to reach USD 11.1 billion By 2030.

Terminal automation systems aid in enhancing efficiency, improving accuracy, lowering personnel and operating costs, improving safety, and simplifying regulatory compliance. These elements are significantly responsible for the terminal automation market's expansion.

The leading participants in the ABB Lid., Honeywell International Inc., Siemens AG, Yokogawa Electric Corporation, and Rockwell Automation Inc.

Yes, you may request customization based on your company's needs.

Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges 

 

4. Impact Analysis

4.1 Impact of the Ukraine- Russia War

4.2 Impact of Ongoing Recession

4.2.1 Introduction

4.2.2 Impact on major economies

4.2.2.1 US

4.2.2.2 Canada

4.2.2.3 Germany

4.2.2.4 France

4.2.2.5 United Kingdom

4.2.2.6 China

4.2.2.7 japan

4.2.2.8 South Korea

4.2.2.9 Rest of the World

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8. Terminal Automation MarketBy Offering

8.1 Hardware

8.2 Software & Services

 

9. Terminal Automation MarketBy Project type

9.1 Brownfield projects

9.2 Greenfield projects

 

10. Terminal Automation Market, By Vertical

10.1 Oil & Gas

10.2 Chemical

10.3 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 North America Terminal Automation Market  by Country

11.2.2North America Terminal Automation Market  by Offering

11.2.3 North America Terminal Automation Market  by Project type

11.2.4 North America Terminal Automation Market  by Vertical

11.2.5 USA

11.2.5.1 USA Terminal Automation Market  by Offering

11.2.5.2 USA Terminal Automation Market  by Project type

11.2.5.3 USA Terminal Automation Market  by Vertical

11.2.6 Canada

11.2.6.1 Canada Terminal Automation Market  by Offering

11.2.6.2 Canada Terminal Automation Market  by Project type

11.2.6.3 Canada Terminal Automation Market  by Vertical 

11.2.7 Mexico

11.2.7.1 Mexico Terminal Automation Market  by Offering

11.2.7.2 Mexico Terminal Automation Market  by Project type 

11.2.7.3 Mexico Terminal Automation Market  by Vertical

11.3 Europe

11.3.1 Eastern Europe

11.3.1.1 Eastern Europe Terminal Automation Market  by Country

11.3.1.2 Eastern Europe Terminal Automation Market  by Offering

11.3.1.3 Eastern Europe Terminal Automation Market  by Project type

11.3.1.4 Eastern Europe Terminal Automation Market  by Vertical 

11.3.1.5 Poland

11.3.1.5.1 Poland Terminal Automation Market  by Offering

11.3.1.5.2 Poland Terminal Automation Market  by Project type

11.3.1.5.3 Poland Terminal Automation Market  by Vertical

11.3.1.6 Romania

11.3.1.6.1 Romania Terminal Automation Market  by Offering

11.3.1.6.2 Romania Terminal Automation Market  by Project type

11.3.1.6.4 Romania Terminal Automation Market  by Vertical 

11.3.1.7 Turkey

11.3.1.7.1 Turkey Terminal Automation Market  by Offering

11.3.1.7.2 Turkey Terminal Automation Market  by Project type

11.3.1.7.3 Turkey Terminal Automation Market  by Vertical 

11.3.1.8 Rest of Eastern Europe

11.3.1.8.1 Rest of Eastern Europe Terminal Automation Market  by Offering

11.3.1.8.2 Rest of Eastern Europe Terminal Automation Market  by Project type

11.3.1.8.3 Rest of Eastern Europe Terminal Automation Market  by Vertical 

11.3.2 Western Europe  

11.3.2.1 Western Europe Terminal Automation Market  by Offering

11.3.2.2 Western Europe Terminal Automation Market  by Project Type

11.3.2.3 Western Europe Terminal Automation Market  by Vertical  

11.3.2.4 Germany

11.3.2.4.1 Germany Terminal Automation Market  by Offering

11.3.2.4.2 Germany Terminal Automation Market  by Project Type

11.3.2.4.3 Germany Terminal Automation Market  by Vertical 

11.3.2.5 France  

11.3.2.5.1 France Terminal Automation Market  by Offering

11.3.2.5.2 France Terminal Automation Market  by Project type

11.3.2.5.3 France Terminal Automation Market  by Vertical 

11.3.2.6 UK

11.3.2.6.1 UK Terminal Automation Market  by Offering

11.3.2.6.2 UK Terminal Automation Market  by Project Type

11.3.2.6.3 UK Terminal Automation Market  by Vertical 

11.3.2.7 Italy

11.3.2.7.1 Italy Terminal Automation Market  by Offering

11.3.2.7.2 Italy Terminal Automation Market  by Project Type

11.3.2.7.3 Italy Terminal Automation Market  by Vertical 

11.3.2.8 Spain

11.3.2.8.1 Spain Terminal Automation Market  by Offering

11.3.2.8.2 Spain Terminal Automation Market  by Project Type

11.3.2.8.3 Spain Terminal Automation Market  by Vertical 

11.3.2.9 Netherlands

11.3.2.9.1 Netherlands Terminal Automation Market  by Offering

11.3.2.9.2 Netherlands Terminal Automation Market  by Project Type

11.3.2.9.3 Netherlands Terminal Automation Market  by Vertical

11.3.2.10 Switzerland

11.3.2.10.1 Switzerland Terminal Automation Market  by Offering

11.3.2.10.2 Switzerland Terminal Automation Market  by Project Type

11.3.2.10.3 Switzerland Terminal Automation Market  by Vertical 

11.3.2.11.1 Austria  

11.3.2.11.2 Austria Terminal Automation Market  by Offering

11.3.2.11.3 Austria Terminal Automation Market  by Project Type 

11.3.2.11.4 Austria Terminal Automation Market  by Vertical 

11.3.2.12 Rest of Western Europe

11.3.2.12.1 Rest of Western Europe Terminal Automation Market  by Offering

11.3.2.12.2 Rest of Western Europe Terminal Automation Market  by Project Type

11.3.2.12.3 Rest of Western Europe Terminal Automation Market  by Vertical 

11.4 Asia-Pacific

11.4.1 Asia-Pacific Terminal Automation Market  by Country

11.4.2 Asia-Pacific Terminal Automation Market  by Offering

11.4.3 Asia-Pacific Terminal Automation Market  by Project Type

11.4.4 Asia-Pacific Terminal Automation Market  by Vertical 

11.4.5 China

11.4.5.1 China Terminal Automation Market  by Offering

11.4.5.2 China Terminal Automation Market  by Project Type

11.4.5.3 China Terminal Automation Market  Vertical 

11.4.6 India

11.4.6.1 India Terminal Automation Market  by Offering

11.4.6.2 India Terminal Automation Market  by Project Type

11.4.6.3 India Terminal Automation Market  by Vertical 

11.4.7 Japan

11.4.7.1 Japan Terminal Automation Market  by Offering

11.4.7.2 Japan Terminal Automation Market  by Project Type

11.4.7.3 Japan Terminal Automation Market  by Vertical 

11.4.8 South Korea

11.4.8.1 South Korea Terminal Automation Market  by Offering

11.4.8.2 South Korea Terminal Automation Market  by Project Type

11.4.8.3 South Korea Terminal Automation Market  by Vertical 

11.4.9 Vietnam

11.4.9.1 Vietnam Terminal Automation Market  by Offering

11.4.9.2 Vietnam Terminal Automation Market  by Project Type 

11.4.9.3 Vietnam Terminal Automation Market  by Vertical 

11.4.10 Singapore

11.4.10.1 Singapore Terminal Automation Market  by Offering

11.4.10.2 Singapore Terminal Automation Market  by Project Type

11.4.10.3 Singapore Terminal Automation Market  by Vertical                                 

11.4.11 Australia

11.4.11.1 Australia Terminal Automation Market  by Offering

11.4.11.2 Australia Terminal Automation Market  by Project Type

11.4.11.3 Australia Terminal Automation Market  by Vertical 

11.4.12 Rest of Asia-Pacific

11.4.12.1 Rest of Asia-Pacific Terminal Automation Market  by Offering

11.4.12.2 Rest of Asia-Pacific Terminal Automation Market  by Project Type

11.4.12.3 Rest of Asia-Pacific Terminal Automation Market  by Vertical

11.5 Middle East & Africa

11.5.1 Middle East

11.5.1.1 Middle East Terminal Automation Market  by Country

11.5.1.2 Middle East Terminal Automation Market  by Offering

11.5.1.3 Middle East Terminal Automation Market  by Project Type

11.5.1.4 Middle East Terminal Automation Market  by Vertical 

11.5.1.5 UAE

11.5.1.5.1 UAE Terminal Automation Market  by Offering

11.5.1.5.2 UAE Terminal Automation Market  by Project Type

11.5.1.5.3 UAE Terminal Automation Market  by Vertical 

11.5.1.6 Egypt

11.5.1.6.1 Egypt Terminal Automation Market  by Offering

11.5.1.6.2 Egypt Terminal Automation Market  by Project Type

11.5.1.6.3 Egypt Terminal Automation Market  by Vertical 

11.5.1.7 Saudi Arabia  

11.5.1.7.1 Saudi Arabia Terminal Automation Market  by Offering

11.5.1.7.2 Saudi Arabia Terminal Automation Market  by Project Type

11.5.1.7.3 Saudi Arabia Terminal Automation Market  by Vertical 

11.5.1.8 Qatar

11.5.1.8.1 Qatar Terminal Automation Market  by Offering

11.5.1.8.2 Qatar Terminal Automation Market  by Project Type

11.5.1.8.3 Qatar Terminal Automation Market  by Vertical 

11.5.1.9 Rest of Middle East

11.5.1.9.1 Rest of Middle East Terminal Automation Market  by Offering

11.5.1.9.2 Rest of Middle East Terminal Automation Market  by Project Type

11.5.1.9.3 Rest of Middle East Terminal Automation Market  by Vertical 

11.5.2 Africa

11.5.2.1 Africa Terminal Automation Market  by Country

11.5.2.2 Africa Terminal Automation Market  by Offering

11.5.2.3 Africa Terminal Automation Market  by Project Type

11.5.2.4 Africa Terminal Automation Market  by Vertical 

11.5.2.5 Nigeria

11.5.2.5.1 Nigeria Terminal Automation Market  by Offering

11.5.2.5.2 Nigeria Terminal Automation Market  by Project Type

11.5.2.5.3 Nigeria Terminal Automation Market  by Vertical 

11.5.2.6 South Africa

11.5.2.6.1 South Africa Terminal Automation Market  by Offering

11.5.2.6.2 South Africa Terminal Automation Market  by Project Type

11.5.2.6.3 South Africa Terminal Automation Market  by Vertical 

11.5.2.7 Rest of Africa

11.5.2.7.1 Rest of Africa Terminal Automation Market  by Offering

11.5.2.7.2 Rest of Africa Terminal Automation Market  by Project Type

11.5.2.7.3 Rest of Africa Terminal Automation Market  by Vertical

11.6 Latin America

11.6.1 Latin America Terminal Automation Market  by Country

11.6.2 Latin America Terminal Automation Market  by Offering

11.6.3 Latin America Terminal Automation Market  by Project Type

11.6.4 Latin America Terminal Automation Market  by Vertical

11.6.5 Brazil

11.6.5.1 Brazil Terminal Automation Market  by Offering

11.6.5.2 Brazil Terminal Automation Market  by Project Type

11.6.5.3 Brazil Terminal Automation Market  by Vertical

11.6.6 Argentina

11.6.6.1 Argentina Terminal Automation Market  by Offering

11.6.6.2 Argentina Terminal Automation Market  by Project Type

11.6.6.3 Argentina Terminal Automation Market  by Vertical

11.6.7 Colombia

11.6.7.1 Colombia Terminal Automation Market  by Offering

11.6.7.2 Colombia Terminal Automation Market  by Project Type

11.6.7.3 Colombia Terminal Automation Market  by Vertical

11.6.8 Rest of Latin America

11.6.8.1 Rest of Latin America Terminal Automation Market  by Offering

11.6.8.2 Rest of Latin America Terminal Automation Market  by Project Type

11.6.8.3 Rest of Latin America Terminal Automation Market  by Vertical

 

12. Company profile

12.1  ABB Lid

12.1.1 Company Overview

12.1.2 Financials

12.1.3 Offering/Services/Offerings

12.1.4 SWOT Analysis

12.1.5 The SNS View

12.2  Honeywell International Inc.

12.2.1 Company Overview

12.2.2 Financials

12.2.3 Offering/Services/Offerings

12.2.4 SWOT Analysis

12.2.5 The SNS View

12.3 Siemens AG

12.3.1 Company Overview

12.3.2 Financials

12.3.3 Offering/Services/Offerings

12.3.4 SWOT Analysis

12.3.5 The SNS View

12.4  Yokogawa Electric Corporation

12.4.1 Company Overview

12.4.2 Financials

12.4.3 Offering/Services/Offerings

12.4.4 SWOT Analysis

12.4.5 The SNS View

12.5 Rockwell Automation Inc.

12.5.1 Company Overview

12.5.2 Financials

12.5.3 Offering/Services/Offerings

12.5.4 SWOT Analysis

12.5.5 The SNS View

12.6  Schneider Electric

12.6.1 Company Overview

12.6.2 Financials

12.6.3 Offering/Services/Offerings

12.6.4 SWOT Analysis

12.6.5 The SNS View

12.7 Emerson Electric Co.

12.7.2 Financials

12.7.3 Offering/Services/Offerings

12.7.4 SWOT Analysis

12.7.5 The SNS View

12.8 Endress+Hauser Management AG

12.7.1 Company Overview

12.8.1 Company Overview

12.8.2 Financials

12.8.3 Offering/Services/Offerings

12.8.4 SWOT Analysis

12.8.5 The SNS View

12.9  TechnipFMC plc

12.9.1 Company Overview

12.9.2 Financials

12.9.3 Offering/Services/Offerings

12.9.4 SWOT Analysis

12.9.5 The SNS View

12.10 Implico Group

12.10.1 Company Overview

12.10.2 Financials

12.10.3 Offering/Services/Offerings

12.10.4 SWOT Analysis

12.10.5 The SNS View

 

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share Analysis

13.3 Recent Developments

13.3.1 Vertical News

13.3.2 Company News

13.3.3 Mergers & Acquisitions

 

14. Use Case and Best Practices

 

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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