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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 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. 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.

Market segmentation

By Category

By Region

Hardware

ATG

Blending Controllers

SCADA

PLC

DCS

HMI

Safety

Security & Others

Software

Terminal & Inventory

Management

Business System

Integration

Transaction

Management

Reporting

Others

Services

Commissioning Services

Consulting Services

Project Mgmt.

Operations Management

Training Services



North America

Latin America

Western Europe

Eastern Europe

Asia Pacific excl. Japan

MEA

Japan

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.

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.

oil and gas terminal automation market_Image for preview analysis

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.


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
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
6.2.1.7.DCS
6.2.1.8.HMI
6.2.1.9.Safety; Security & Others
6.2.2.Software
6.2.2.1.Absolute $ Opportunity
6.2.2.2.Market Value Forecast
6.2.2.3.Terminal & Inventory Management
6.2.2.4.Business System Integration
6.2.2.5.Transaction Management
6.2.2.6.Reporting
6.2.2.7.Others
6.2.3.Services
6.2.3.1.Absolute $ Opportunity
6.2.3.2.Market Value Forecast
6.2.3.3.Commissioning
6.2.3.4.Consulting Services
6.2.3.5.Project Management
6.2.3.6.Operations Services
6.2.3.7.Training Services
6.3. Market Attractiveness Analysis, By Category
7. Global Oil and Gas Terminal Automation Market Analysis, By Region
7.1. Introduction
7.1.1.Y-o-Y Growth Projections, By Region
7.1.2.Market Share & Basis Point (BPS) Analysis, By Region
7.2. Market Forecast, By Region
7.2.1.North America Market Value Forecast
7.2.2.Latin America Market Value Forecast
7.2.3.Europe Market Value Forecast
7.2.4.APEJ Market Value Forecast
7.2.5.Japan Market Value Forecast
7.2.7.MEA Market Value Forecast
7.3. Regional Attractiveness Analysis
8. North America Oil and Gas Terminal Automation Market Analysis
8.1. Introduction
8.1.1.Y-o-Y Growth Projections, By Country
8.1.2.Market Share & Basis Point (BPS) Analysis, By Country
8.2. North America Market Forecast
8.2.1.Market Value Forecast, By Country
8.2.1.1. U.S. Absolute $ Opportunity
8.2.1.2. Canada Absolute $ Opportunity
8.2.2.Market Value Forecast, By Category
8.2.2.1.Hardware
8.2.2.2.Software
8.2.2.3.Services
8.3. Market Attractiveness Analysis
8.3.1.By Country
8.3.2.By Category
9. Latin America Oil and Gas Terminal Automation Market Analysis
9.1. Introduction
9.1.1. Y-o-Y Growth Projections, By Country
9.1.2. Market Share & Basis Point (BPS) Analysis, By Country
9.2. Latin America Market Forecast
9.2.1. Market Value Forecast, By Country
9.2.1.1. Brazil Absolute $ Opportunity
9.2.1.2. Mexico Absolute $ Opportunity
9.2.1.3. Rest of Latin America Absolute $ Opportunity
9.2.2. Market Value Forecast, By Category
9.2.2.1. Hardware
9.2.2.2. Software
9.2.2.3. Services
9.3. Market Attractiveness Analysis
10. Europe Oil and Gas Terminal Automation Market Analysis
10.1. Introduction
10.1.1. Y-o-Y Growth Projections, By Country
10.1.2. Market Share & Basis Point (BPS) Analysis, By Country
10.2. Europe Market Forecast
10.2.1. Market Value Forecast, By Country
10.2.1.1. Western Europe Absolute $ Opportunity
10.2.1.2. Eastern Europe Absolute $ Opportunity
10.2.2. Market Value Forecast, By Category
10.2.2.1. Hardware
10.2.2.2. Software
10.2.2.3. Services
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Category
11. APEJ Oil and Gas Terminal Automation Market Analysis
11.1. Introduction
11.1.1. Y-o-Y Growth Projections, By Country
11.1.2. Market Share & Basis Point (BPS) Analysis, By Country
11.2. APEJ Market Forecast
11.2.1. Market Value Forecast, By Country
11.2.1.1. China Absolute $ Opportunity
11.2.1.2. India Absolute $ Opportunity
11.2.1.3. South Korea Absolute $ Opportunity
11.2.1.4. Rest of APEJ Absolute $ Opportunity
11.2.2. Market Value Forecast, By Category
11.2.2.1. Hardware
11.2.2.2. Software
11.2.2.3. Services
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Category
12. Japan Oil and Gas Terminal Automation Market Analysis
12.1. Introduction
12.1.1. Y-o-Y Growth Projections, By Country
12.1.2. Market Share & Basis Point (BPS) Analysis, By Country
12.2. Japan Market Forecast
12.2.1. Market Value Forecast, By Country
12.2.2. Market Value Forecast, By Category
12.2.2.1. Hardware
12.2.2.2. Software
12.2.2.3. Services
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Category
13. MEA Oil and Gas Terminal Automation Market Analysis
13.1. Introduction
13.1.1. Y-o-Y Growth Projections, By Country
13.1.2. Market Share & Basis Point (BPS) Analysis, By Country
13.2. MEA Market Forecast
13.2.1. Market Value Forecast, By Country
13.2.1.1. GCC Absolute $ Opportunity
13.2.1.2. Iran Absolute $ Opportunity
13.2.1.3. Rest of MEA Absolute $ Opportunity
13.2.2. Market Value Forecast, By Category
13.2.2.1. Hardware
13.2.2.2. Software
13.2.2.3. Services
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Category
14. Competition Landscape
14.1. Competition Dashboard
14.2. Company Profiles (Overview, SWOT, Key Developments, Strategy Overview, Financials)
14.2.1. Emerson Electric Co.
14.2.2. ABB Group
14.2.3. Rockwell Automation, Inc.
14.2.4. Honeywell International, Inc.
14.2.5. Schneider Electric SE.
14.2.6. Yokogawa Electric Corporation
14.2.7. Siemens AG.
14.2.8. FMC Technologies, Inc.

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