The terminal automation market was valued at USD 3.82 Billion in 2016 and is expected to reach USD 5.21 Billion by 2022 at a CAGR of 5.15% between 2017 and 2022.
The increasing investment for upgrading brownfield terminal infrastructure in North America and the growing adoption of natural gas owing to the increased adoption of environmentally cleaner fuels are driving the growth of the terminal automation market.