terminal management system market, terminal management system market overview, terminal management system market outlook, terminal management system market insights, terminal management system market trends, global terminal management system market
How large is the terminal management system market, and what is its growth trajectory?
The terminal management system market size has grown strongly in recent years. It will grow from $1.21 billion in 2024 to $1.31 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to growth of container shipping, growing environmental awareness, economic downturns pushing companies to optimize their operations, expansion of the maritimeIndustry, and growth and modernization of rail networks.
The terminal management system market size is expected to see strong growth in the next few years. It will grow to $1.78 billion in 2029 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to the increasing need for optimizing terminal operations, increasing focus on energy-efficient operations, implementation of strict safety and security regulations, customer demand for transparency, and implementation of green logistics initiatives. Major trends in the forecast period include enhance security solutions, cybersecurity solutions, adoption of blockchain technology, adoption of digital twin technology, and remote terminal management and monitoring solutions.
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What are the key forces behind the terminal management system market’s growth in recent years?
The expanding oil and gasIndustry is expected to propel the growth of the terminal management system market going forward. The expanding oil and gasIndustry is due to increasing global energy demand, advancements in extraction and production technologies, and significant investments in exploration and infrastructure. A terminal management system (TMS) helps the oil and gasIndustry by streamlining receipt and dispatch operations, enhancing inventory management, improving resource allocation, ensuring safety compliance, and facilitating real-time tracking and blending processes. For instance, in December 2023, according to the US Energy Information Administration, a US-based government administration, in December 2021, the US oil output was 11.7 million barrels per day (b/d), while natural gas production (gross withdrawals) was 120.0 billion cubic feet daily. By December 2022, oil production had increased to 12.1 million barrels per day, while natural gas production had risen to 121.1 billion cubic feet per day. Therefore, the expanding oil and gasIndustry is driving the growth of the terminal management system market.
What are the major segments of the terminal management system market?
The terminal management system market covered in this report is segmented –
1) By Offering: Hardware, Software And Services
2) By Project: Greenfield, Brownfield
3) By Application: Receipt Or Dispatch By Truck, Rail Wagon, Pipeline, Access Control, Inspections, Kiosk Functionality, Automatic Bay Or Berth Allocation, Sealing, Blending, Other Applications
4) By Vertical: Railway, Renewable Sector, AviationIndustry, Chemicals, Oil And Gas, Other Verticals
Subsegments:
1) By Hardware: Terminal Automation Equipment, Control Panels And HMI (Human-Machine Interface), Sensors And Instrumentation, Data Acquisition Devices
2) By Software: Terminal Management Software (TMS), Fleet Management Software, Inventory And Asset Tracking Software, Data Analytics And Reporting Software
3) By Services: Installation And Integration Services, Maintenance And Support Services, Consulting And Design Services, Training And Educational Services
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Which companies dominate the terminal management system market?
Major companies operating in the terminal management system market are Siemens AG, Schneider Electric SE, Honeywell International Inc., ABB Ltd., DP World Limited, Emerson Electric Co., Rockwell Automation Inc., Terex Corporation, Cargotec Oyj, Konecranes Oyj, Yokogawa Electric Corporation, Endress+Hauser Group Services AG, Hutchison Port Holdings Limited, INFORM GmbH, Marsa Maroc SA, Navis Holdings LLC, Moffatt & Nichol Inc., RightShip Pty Ltd, Cyberlogitec Co. Ltd., Tideworks Technology Inc., Girmiti Software Private Limited, Identec Solutions AG, Implico Group, Total Soft Bank Ltd., Softship AG, Jade Logistics Private Limited
What major trends will shape the terminal management system market during the forecast period?
Major companies operating in the terminal management system market are developing pre-configured versions of terminal management solutions to reduce implementation time, lower costs, and ensure faster deployment while maintaining flexibility and scalability to meet specific client needs. Pre-configured versions of terminal management solutions refer to ready-made, standardized software packages designed to handle everyday terminal operations with minimal customization. For instance, in September 2022, Implico Group, a Germany-based software company, launched OpenTAS Go, a pre-configured version of Implico’s terminal management solution. It is designed to provide a quick-to-implement and easy-to-maintain system for tank terminals of all types and sizes. It offers a comprehensive cloud ecosystem with standardized microservices for data and process management, supervision, KPI reporting, and API-based integration.
What are the key regional dynamics of the terminal management system market, and which region leads in market share?
North America was the largest region in the terminal management system market in 2024. The regions covered in the terminal management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Terminal Management System Market Report 2025 Offer?
The terminal management system market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Terminal management system (TMS) refers to a specialized software solution designed to manage and optimize the operations of terminal facilities, including ports, airports, and distribution centers. It enhances efficiency in these crucial hubs by overseeing activities such as loading, unloading, and transshipping goods and products. The terminal management system integrates essential functions such as logistics, resource management, and security, thereby improving operational efficiency and reliability across terminal operations.
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