Terminal Automation System Market Report 2025 (Global Edition)

Global Terminal Automation System Market Report 2024 Market Size Split by Offerings (Control Systems, Security Systems, Tank Gauging System, Tank Loading Area, Software), by End user (Oil & Gas, Chemi...

Terminal Automation System Market Report Description

We have various report editions of Terminal Automation System Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Terminal Automation System Market Insights Video

Competitive Landscape of the Terminal Automation System Market

Competition in the Terminal Automation System market includes different established players and some developing companies. The companies operating in the market develop integrated solutions for operational efficiency, safety, and regulatory compliance. New companies also enter the market, especially those leveraging advanced technologies such as IoT and AI to offer innovative automation solutions. The competitive strategies here include mergers and acquisitions, partnerships, and continuous product innovations that meet the growing demands of the industry. Thus, the TAS market is dynamic and rapidly changing.

In March 2024, ABB is cooperating with Green Hydrogen International (GHI) to build a large green hydrogen factory in south Texas, USA. As part of the Memorandum of Understanding (MoU), ABB's automation, electrification, and digital technology will be evaluated for use in GHI's Hydrogen City project. (Source: https://new.abb.com/news/detail/113736/abb-signs-agreement-to-support-major-power-to-x-green-hydrogen-project-in-the-us) In February 2024, Rockwell Automation, the world's largest company dedicated to industrial automation and digital transformation, has reached an agreement with 1PointFive to purchase carbon dioxide removal (CDR) credits from STRATOS, 1PointFive's Direct Air Capture (DAC) facility currently under construction in Texas. (Source: https://www.rockwellautomation.com/en-in/company/news/press-releases/Rockwell-Automation-Announces-Direct-Air-Capture-Carbon-Removal-Credit-Agreement-With-1PointFive.html) In November 2023, Siemens AG, a German global technology corporation, wants to enter into a share purchase agreement with Siemens Energy to buy an 18% ownership in Siemens Ltd. India for 2.1 billion euros in cash. This would raise Siemens' holding in the publicly traded Siemens Ltd. India from 51% to 69%, while Siemens Energy's stake would fall from 24% to 6%. (Source: https://dailycadcam.com/siemens-intends-to-acquire-from-siemens-energy-18-more-stake-in-siemens-india-for-2-1-billion-euro/)

Top Companies Market Share in Terminal Automation System Industry: (In no particular order of Rank)

• Varec Inc.
• Rockwell Automation Inc.
• Honeywell International Inc.
• ABB Ltd.
• TechnipFMC PLC
• Siemens AG
• Endress+Hauser Group Services AG
• Schneider Electric
• Emerson Electric
• Yokogawa Electric Corporation
• Implico Group
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Terminal Automation System Market

Which Region Dominates the Terminal Automation System Market in 2024?

According to Cognitive Market Research, North America dominates the terminal automation system market. The region's supremacy is due to a variety of factors, including the presence of major terminal operators, a massive transportation network, stringent regulations, and technological advancements. Robust terminal automation ecosystems can be found in nations like the United States and Canada, where sophisticated technologies like cloud computing, IoT, and artificial intelligence are extensively embraced

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific has the greatest CAGR for the terminal automation system industry. Rapid urbanization, economic growth, and industrialization are the primary drivers of this expansion, boosting the demand for scalable and effective terminal automation solutions in a variety of industries. To fulfill the demands of an expanding supply chain and rising trade volumes, countries such as China, India, Japan, and South Korea are investing extensively in ports, terminals, and logistics facilities.

The current report Scope analyzes Terminal Automation System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Terminal Automation System Market

According to Cognitive Market Research, the global Terminal Automation System market size was estimated at USD 7515.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 3006.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Terminal Automation System market with a market size of USD 2371.80 million in 2024 and is projected to grow at a CAGR of 2.5% during the forecast period. The U.S. market's advanced industrial infrastructure.
• The Canada Terminal Automation System market had a market share of USD 360.73 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. Canada’s the presence of key players in automation technology
• The Mexico Terminal Automation System market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 273.55 million in 2024.

Europe Terminal Automation System Market

According to Cognitive Market Research, the global Terminal Automation System market size was estimated at USD 7515.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 2254.5 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.

• The United Kingdom Terminal Automation System market had a market share of USD 378.77 million in 2024 and is projected to grow at a CAGR of 3.8% during the forecast period. In the UK, Terminal Automation System sales witness an upswing due to the robust oil and gas industry.
• The France Terminal Automation System market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 207.42 million in 2024.
• According to Cognitive Market Research, the German Terminal Automation System market size was valued at USD 446.40 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. In Germany, the Terminal Automation System surged due to the focus on environmental sustainability and regulatory compliance.
• The Italy Terminal Automation System market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 193.89 million in 2024.
• The Russia Terminal Automation System market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 349.46 million in 2024.
• The Spain Terminal Automation System market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 184.87 million in 2024
• The Luxembourg Terminal Automation System market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 69.89 million in 2024.
• The Portugal Terminal Automation System market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 47.35 million in 2024.
• The Greece Terminal Automation System market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 27.05 million in 2024.
• The Rest of Europe's Terminal Automation System market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 349.46 million in 2024.

Asia Pacific Terminal Automation System Market

According to Cognitive Market Research, the global Terminal Automation System market size was estimated at USD 7515.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 1728.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Terminal Automation System market size was valued at USD 777.82 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Terminal Automation Systems surged in China due to rapid industrialization and urbanization.
• The Japan Terminal Automation System market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 238.53 million in 2024.
• The India Terminal Automation System market had a market share of USD 207.42 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. India's government initiatives to enhance infrastructure.
• The South Korean Terminal Automation System market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 172.85 million in 2024.
• The Australian Terminal Automation System market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 89.88 million in 2024.
• The South East Asia Terminal Automation System market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 119.27 million in 2024.
• The Rest of Asia Pacific Terminal Automation System market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 122.72 million in 2024.

South America Terminal Automation System Market

According to Cognitive Market Research, the global Terminal Automation System market size was estimated at USD 7515.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 375.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Terminal Automation System market size was valued at USD 160.83 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Terminal Automation Systems flourished in Brazil due to the adoption of advanced technologies.
• Argentina's Terminal Automation System market had a market share of USD 63.13 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Argentina's growing emphasis on safety and environmental regulations.
• Colombia Terminal Automation System market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 33.44 million in 2024.
• Peru Terminal Automation System market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 30.81 million in 2024.
• Chile Terminal Automation System market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 27.05 million in 2024.
• The Rest of Latin America's Terminal Automation System market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 60.50 million in 2024.

Middle East and Africa Terminal Automation System Market

According to Cognitive Market Research, the global Terminal Automation System market size was estimated at USD 7515.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 150.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031..

• The GCC Countries Terminal Automation System market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 64.33 million in 2024. Terminal Automation System sales flourish due to rapid industrialization and urbanization.
• The Egypt Terminal Automation System market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 15.78 million in 2024.
• The South Africa Terminal Automation System market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 23.75 million in 2024. Terminal Automation System sales flourished in South Africa due to the adoption of advanced technologies.
• The Turkey Terminal Automation System market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 12.93 million in 2024.
• The Nigeria Terminal Automation System market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 15.78 million in 2024.
• The Rest of the MEA Terminal Automation System market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 17.74 million in 2024.

Terminal Automation System Market Analysis

Terminal Automation System Market Offerings Segment Analysis

According to Cognitive Market Research, the Software segment held a dominating share in 2023. This can be linked to the increasing need for automating solutions to raise the terminals' operating effectiveness and efficiency. It is projected that the segment will increase at an exponential rate throughout the projection period. The high prevalence of demand for automated terminals is now driving the total market expansion

Control Systems is one of the fastest-growing segments in the marketplace of Terminal Automation Systems. RFID systems, automated vehicles, cranes, and other equipment are examples of hardware. Control systems in terminal automation improve efficiency and eliminate human error by combining and controlling several operations. The desire for real-time data and operational transparency, combined with improvements in IoT and AI, is driving the adoption of these systems

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Terminal Automation System Industry. Request a Free Sample PDF!

Terminal Automation System Market End user Segment Analysis

According to Cognitive Market Research, Oil & Gas Automation Systems are likely to dominate the Terminal Automation System Market over the forecast period. The oil and gas industry are a major driver of the terminal automation system market, owing to the need for increased operational efficiency, safety, and compliance with rigorous environmental standards. Automation solutions in this vertical serve to streamline the management of huge volumes of oil and gas, improve inventory control accuracy, and reduce the risk of human mistakes. With rising energy consumption and the complexity of global supply chains, automated systems enable real-time monitoring and control, maintaining peak performance and avoiding downtime.

The chemical is the fastest-growing segment in the Terminal Automation System Market. The chemical industry is driven by the need for accurate handling and management of hazardous products, assuring both safety and industry compliance. Automated systems aid in the maintenance of accurate chemical data, improving traceability, and reducing contamination through controlled settings. Because chemical processes are so complicated, advanced automation solutions are required to maximize output, increase quality control, and save operational costs

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion