Showing posts with label Oil and Gas Terminal Automation Market. Show all posts
Showing posts with label Oil and Gas Terminal Automation Market. Show all posts

Friday, 12 July 2019

Worldwide Analysis On Oil and Gas Terminal Automation Market Strategies And Forecast, 2019 To 2025

ResearchMoz presents professional and in-depth study of "Global Oil and Gas Terminal Automation Market Insights, Forecast to 2025".

Constant change in the demands of end-use industries world over have broadly underpinned several significant technology shifts in the Oil and Gas Terminal Automation market. Over the years, new performance requirements in applications in key industries have emerged. To this end, a growing number of companies in the Oil and Gas Terminal Automation market are fast recalibrating their strategies to gain a stronghold and gain competitive edge in near future. Adoption of cutting-edge manufacturing techniques and technologically-advanced equipment have in recent years unleashed disruptive forces, which define the game-changing potential of players in the Oil and Gas Terminal Automation market. Further, consistently growing investments in the manufacturing industries in developing regions has unlocked new prospects in the entire business value chain.

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Oil and gas terminals, often termed as oil and gas depots, tank farms or tank terminals, facilitate storage of oil, gas and related products. These are thus, intermediate hubs which store and facilitate the distribution of oil and gas to end users. Oil & gas terminal automation systems are integrated solutions which facilitate easier monitoring and control of various product handling operations, from receipt of products through storage and distribution. These systems comprise a set of integrated tools that enable access to real-time data, thus ensuring safety and efficient management of day-to-day terminal operations.

Japan region is expected to witness relatively faster growth, registering a CAGR of 8.8% during forecast period, in order to account for a share of nearly 32% in overall market value by 2025 end.

This report presents the worldwide Oil and Gas Terminal Automation market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
  • Yokogawa
  • Emerson
  • Honeywell
  • Rockwell
  • ABB
  • Siemens
  • Schneider
  • FMC

Oil and Gas Terminal Automation Breakdown Data by Type
Hardware
Software
Services
Oil and Gas Terminal Automation Breakdown Data by Application
Oil
Natural Gas

Oil and Gas Terminal Automation Production by Region
United States
Europe
China
Japan
Other Regions

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The study objectives are:
To analyze and research the global Oil and Gas Terminal Automation status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Oil and Gas Terminal Automation manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Oil and Gas Terminal Automation market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

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Friday, 14 December 2018

Business Strategy of Oil and Gas Terminal Automation Market in Global Industry 2016-2026

ResearchMoz presents professional and in-depth study of "Oil and Gas Terminal Automation Market: Software Segment Anticipated to Dominate the Global Market Throughout the Forecast Period: Global Industry Analysis and Opportunity Assessment, 2016-2026".

Oil and gas terminals, often termed as oil and gas depots, tank farms or tank terminals, facilitate storage of oil, gas and related products. These are thus, intermediate hubs which store and facilitate the distribution of oil and gas to end users. Oil & gas terminal automation systems are integrated solutions which facilitate easier monitoring and control of various product handling operations, from receipt of products through storage and distribution.

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These systems comprise a set of integrated tools that enable access to real-time data, thus ensuring safety and efficient management of day-to-day terminal operations.

The global oil and gas terminal automation market is forecast to register a CAGR of 7.1% in terms of value over the forecast period (2016-2026) driven primarily by relatively low oil prices and increasing demand for natural gas from a diverse set of industries.

Growth in the demand for natural gas, supply-demand scenario and contango situation are expected to drive growth of global oil and gas terminal automation market during the forecast period

Relatively slower economic growth especially in oil consuming nations such as China, and crude oil supply glut experienced over the recent past have driven the global average crude oil prices southwards over the same period. Initial phase of forecast period is thus expected to be characterised by a contango situation resulting in increasing emphasis on storage of oil across the globe. Moreover, increasing demand for natural gas, especially liquefied natural gas is expected to result in emergence of several new terminals in North America and Asia Pacific, among other regions.

However, relatively higher costs associated with implementation of automation systems is expected to act as an impediment to the growth of global oil and gas terminal automation market during the forecast period. Besides, cyber threats and concerns associated regarding data security are likely to impede growth in adoption of such automation systems, especially among small terminal operators.

Software segment is estimated to account for a relatively higher share in overall global oil and gas terminal automation market value as compared to that of services segments during forecast period

Software segment is estimated to account for a share of 37.8% in overall global oil and gas terminal automation market value in 2016. It is expected to register a CAGR of 7.2% during the forecast period, 2016-2026. The segment is expected to dominate global oil and gas terminal automation market throughout the forecast period. Terminal and inventory management sub-segment of software segment is expected to relatively faster growth among other software sub-segments during the forecast period.

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Asia Pacific excl. Japan and North America are expected to dominate the global oil and gas terminal automation market during forecast period

Surplus oil and gas production in North America, especially, in U.S. has, over the recent past, driven the growth in investment towards setting up of oil and gas export facilities in the region. Such a situation is expected to continue during forecast period, thus driving growth of oil and gas terminal automation market in the region during forecast period. Oil and gas terminal automation market in Asia Pacific excl. Japan region is expected to witness relatively faster growth, registering a CAGR of 8.8% during forecast period, in order to account for a share of nearly 32% in overall market value by 2026 end.

Key players in the global oil and gas terminal automation market are focussing on mergers and acquisitions strategy in order to better equip themselves to cater to steadily growing market demands

Some of the players operating in global oil and gas terminal automation market include, Yokogawa Electric Corporation, Emerson Electric Co., Honeywell International Inc., Rockwell Automation, Inc., ABB Group, Siemens AG, Schneider Electric SE, and FMC Technologies, Inc.

Table Of Content

1. Executive Summary

2. Assumptions and Acronyms

3. Research Methodology

4. Oil and Gas Terminal Automation Market Overview
4.1. Introduction
4.1.1.Oil and Gas Terminal Automation Market Definition & Taxonomy
4.2. Oil and Gas Terminal Automation Market Dynamics
4.2.1.Drivers
4.2.2.Restraints
4.2.3.Trends
4.2.4.Value Chain Overview

5. Global Oil and Gas Terminal Automation Market Forecast
5.1. Market Value Forecast
5.1.1.Y-o-Y Growth Projections
5.1.2.Absolute $ Opportunity
5.2. Global Oil and Gas Terminal Automation Market Snapshot
5.2.1.Market Share, By Region
5.2.2.Market Share, By Category

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6. Global Oil and Gas Terminal Automation Market Analysis, By Category
6.1. Introduction
6.1.1.Y-o-Y Growth Comparison, By Category
6.1.2.Market Share & Basis Point (BPS) Analysis, By Category
6.2. Market Forecast, By Category
6.2.1.Hardware
6.2.1.1.Absolute $ Opportunity
6.2.1.2.Market Value Forecast
6.2.1.3.ATG
6.2.1.4.Blending Controllers
6.2.1.5.SCADA
6.2.1.6.PLC

For More Information Kindly Contact:

ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
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