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The typically closed, proprietary, and relatively inflexible terminal automation systems of the past continues to evolve into much more open and flexible systems that can be configured with relative ease to match specific terminal requirements. Modern systems are much more adaptable than the systems of the past, enabling users to modify them to meet the constantly changing business and regulatory requirements. Today’s smart, intelligent terminal automation systems provide customers with real-time inventory and transaction status via the Internet, enabling them to reserve truck loading times in advance and supporting their demanding e-commerce or data exchange requirements.
In addition to providing a five-year market forecast, the Terminal Automation Systems market research provides detailed quantitative current market data and addresses key strategic issues as follows.
Terminal automation systems that can be fully integrated with corporate business systems are essential in a business environment that demands real-time visibility of both production and the supply chain. A terminal automation system design must go beyond systems that are open, modular, and simply connected to other control systems. The system must be able to communicate with business systems throughout a company. These systems include an ever-expanding number of outside systems that typically reside in an extended supply chain.
Today’s terminal applications are expected to handle increased volume, higher flexibility, and greater capacity. Terminal operations should streamline their business processes in order to stay competitive and profitable. In many cases, operators have very little real-time visibility into what equipment was running without predictive activities. Automation suppliers are recommended to develop IoT solutions attached to terminal automation systems or partnering with ICT or other IT companies to cater to the emerging Industrial IoT infrastructure.
Standards are key to help ensure appropriate interoperability and long service life for terminal automation systems. A wide variety of networking and communications, software, control, and hardware standards apply to petroleum product terminal operations. These include international standards, such as those developed and supported by IEC and ISO, national standards such as those developed and supported by ISA and NAMUR, information technology (IT) standards such as those developed and supported by W3C, and industry-specific standards such as those developed and supported by the American Petroleum Institute (API).
This market study may be purchased as an Excel Workbook and/or as a concise, executive-level Market Analysis Report (PDF). The Workbook has some unique features such as the ability to select local currency. Regional studies include country and industry market data. Studies and formats available are listed below:
MIRA Workbook | Market Analysis PDF | |
Worldwide (includes regional data) | Yes | Yes |
North America (includes country data) | Yes | No |
Latin America (includes country data) | Yes | No |
Europe, Middle East, Africa (includes country data) | Yes | No |
Asia (includes country data) | Yes | No |
Country Profiles (includes Country Data) | No | Yes |
Countries included in each region.
Table of contents for these studies is shown in the following paragraphs.
The research identifies all relevant suppliers servicing this market.
List of countries & currencies included in each region: MIRA-Country
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