Global Oil and Gas
Terminal
Automation Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014 – 2020
Future Market Insights
www.futuremarketinsights.com
sales@futuremarketinsights.com
Report
Description
Report Description
Oil & gas terminal automation is a process of managing, monitoring, evaluating and controlling
remote terminals using intelligent software that automates the process of oil and gas loading,
storage and distribution. In order to satisfy the increasing demand of oil and gas by both
domestic and international consumers, there is a need for a delivery system that is both efficient
and accurate. The oil & gas terminal industry requires complete automation from exploration to
distribution. Terminal automation offers a set of integrated tools which provide real-time access
to terminal data to maintain safety and stability operations and maximize profits through
optimal management.
The terminal automation system is an integration of Terminal Management System (TMS),
Terminal Automation Control (TAC), Communication Management System, Motor Control
Management, Terminal Loading System and Process & Safety Control. The benefits associated
with terminal automation are – increases responsiveness and productivity, empowered
workforce, real-time database management system, optimized safety & security and centralized
control. On the other hand, oil & gas terminal automation is costly and need training for
customers to handle it.
High cost of automation, satisfactory results obtained from traditional systems and low
automation adoption in industries are some of the restraints hindering the growth of oil & gas
terminal automation market. Despite these restraints, the oil & gas terminal automation market
is expected to witness a single-digit growth in the next five years.
Report
Description
Report Description
Browse Full Report@...