Terminal Automation Systems

The Terminal Automation Systems Market analysis delivers current market analysis plus a five-year market and technology forecast.  The total revenue reported for this analysis of terminal automation systems market consists of hardware, software, and services.  The research also includes an analysis of terminal automation systems by primary business focus, including integrated energy company, terminal company, pipeline operator, marketing company, and manufacturing.  The research also emphasizes the channel and customer type.

Terminal Automation Systems Help Smart Tank Farm Management

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.  

Terminal Automation Systems Strategic Issues

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.

Strategic Issue for Users: Integration between Terminal Automation Systems and Business Systems

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.

Strategic Issue for Suppliers: Industrial IoT Solutions

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.

Strategic Issue for Suppliers: Subsystems Integration

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).