Terminal Automation

Terminal Automation

Global Terminal Automation Market to Reach US$7.9 Billion by 2030

The global market for Terminal Automation estimated at US$5.6 Billion in the year 2023, is expected to reach US$7.9 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2023-2030. Hardware Component, one of the segments analyzed in the report, is expected to record a 4.7% CAGR and reach US$3.6 Billion by the end of the analysis period. Growth in the Software & Services Component segment is estimated at 5.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.5 Billion While China is Forecast to Grow at 5.1% CAGR

The Terminal Automation market in the U.S. is estimated at US$1.5 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.8% and 4.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Global Terminal Automation Market - Key Trends and Drivers Summarized

What Is Terminal Automation and Why Is It Essential for Industrial Terminals?
Terminal automation refers to the use of control systems, software, and technologies to automate the operations of terminals, particularly those handling bulk liquids, such as oil and gas, chemicals, and other materials. Terminal automation systems (TAS) improve operational efficiency, reduce manual intervention, enhance safety, and ensure regulatory compliance in highly regulated industries. By automating tasks such as inventory management, vehicle loading and unloading, safety monitoring, and data reporting, these systems enable terminal operators to streamline their operations, minimize errors, and reduce costs. As industries move toward greater digitalization, terminal automation is becoming a critical component of modern terminal management.

How Is Terminal Automation Applied in Different Sectors?
Terminal automation systems are widely used in sectors such as oil & gas, chemicals, and agriculture, where bulk materials need to be stored, transported, and managed efficiently. In the oil & gas industry, terminal automation is essential for managing the safe storage and transfer of petroleum products, ensuring accuracy in fuel deliveries, and complying with stringent environmental and safety regulations. Chemical terminals rely on automation to manage hazardous materials, while the agriculture sector uses these systems for bulk grain handling and storage. With increasing global trade, ports and logistics terminals are also adopting automation solutions to improve throughput and minimize downtime.

What Are the Key Market Segments for Terminal Automation?
Components include hardware such as sensors, actuators, and control systems, as well as software platforms for monitoring and managing terminal operations. Project types include greenfield automation (new installations) and brownfield automation (upgrades of existing systems). Industry verticals that drive the market include oil & gas, chemicals, and food & beverage, with the oil & gas sector being the largest contributor. Geographically, North America and Europe dominate the market, driven by the need for advanced automation in established industries, while the Asia-Pacific region is experiencing rapid growth due to infrastructure expansion and increased demand for efficient bulk material handling.

The Growth in the Terminal Automation Market Is Driven by Several Factors
The growth in the terminal automation market is driven by several factors, including the increasing complexity of terminal operations, the need for improved safety and compliance, and the demand for real-time monitoring and control. The oil & gas industry, in particular, is driving significant growth as operators seek to enhance the efficiency of storage and distribution processes while reducing environmental risks. The expansion of global trade and the increasing need for automated logistics solutions are also contributing to market growth. Moreover, the adoption of IIoT, cloud-based systems, and advanced analytics is further accelerating the demand for smart terminal automation systems, enabling operators to optimize operations and improve decision-making.

Select Competitors (Total 41 Featured) -

• ABB Ltd.
• Emersion Electric Co.
• Endress+Hauser AG
• Honeywell International, Inc.
• Implico Group
• Intech Process Automation Inc.
• Inter Terminals Ltd.
• Larsen & Toubro Ltd.
• Rockwell Automation, Inc.
• Schneider Electric SA
• Siemens AG
• TechnipFMC PLC
• Varec, Inc.
• Yokogawa Electric Corporation

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