Report 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.
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.
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.
According to the report, in the US, the use of
advanced extraction technologies such as hydraulic fracturing has boosted the
production of oil and natural gas. This has resulted in the decrease in price
of natural gas. As natural gas is used as feedstock in the petrochemicals
industry, many companies see the reduced price of natural gas as an incentive
to expand their petrochemical capacity. This, in turn, would help companies to
increase their exports. In addition, the majority of the investments by oil and
gas companies are expected to be made in upstream projects as a result of the
increased demand from the GCC.
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 players in Terminal Automation Market in the Oil
and Gas Industry in North America 2015-2019: Agfa-Gevaert, AMD Global
Telemedicine, Honeywell HomMed and Philips Healthcare
Other Prominent Vendors in the market are: Aerotel
Medical Systems, Alcatel Lucent, American Telecare, CardioComm, Cisco Systems,
Cybernet Medical, IBM, LifeWatch, Bosch Healthcare, Viterion TeleHealthcare and
Zydacron
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?
Spanning over 71 pages, “Terminal Automation Market in the Oil and Gas Industry in
North America 2015-2019” report covers Executive
Summary, List of Abbreviations, Scope of the Report, Market Research
Methodology, Introduction, Market Landscape, Market Size and Forecast, Market
Segmentation by Products, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their
Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends,
Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://mrr.cm/4mk
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Electronics Reports at: http://www.marketresearchreports.com/computing-electronics
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