A remote terminal unit (RTU) is a microprocessor-controlled electronic device that interfaces objects in the physical world to a distributed control system or SCADA(supervisory control and data acquisition) system by transmitting telemetry data to a master system, and by using messages from the master supervisory system to control connected objects.
Scope of the Report:The global Industrial Remote Terminal Unit (RTU) market is forecasted to keep the trend and expand to $ 1169.60 million by 2026 from $ 813.25 million in 2020, growing at a CAGR of 6.24% from 2019 to 2026. Industrial Remote Terminal Unit (RTU) continues to gain popularity as it play a crucial role in monitoring and controlling of the grid.
The Industrial Remote Terminal Unit (RTU) market competition will be still intense, including many prominent vendors with products that have a wide scope of applications. ABB is the leading manufacturer in the global Industrial Remote Terminal Unit (RTU) market with the market share of 9.58%, in terms of revenue, followed by General Electric, Schneider Electric, Honeywell, Siemens, Emerson, Rockwell Automation, Motorola Solutions, Advantech, Yokogawa, Red Lion, Arteche, Iskra Sistemi, Schweitzer Engineering Laboratories and Dongfang Electronics. The top 15 listed companies accounted for 78% of the market share in 2019. The big vendors have a large portfolio of grid-related products, which can be customized depending on customer needs, making the market competitive. This is a challenge for medium and small vendors.
Although Industrial Remote Terminal Unit (RTU) market still brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The worldwide market for Industrial Remote Terminal Unit (RTU) is expected to grow at a CAGR of roughly 6.0% over the next five years, will reach 1063.3 million US$ in 2026, from 795.6 million US$ in 2020, according to a new study.
This report focuses on the Industrial Remote Terminal Unit (RTU) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers ABB
General Electric
Schneider Electric
Honeywell
Siemens
Emerson
Rockwell Automation
Motorola Solutions
Advantech
Yokogawa
Red Lion
Arteche
Iskra Sistemi
Schweitzer Engineering Laboratories
Dongfang Electronics
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Wireless Industrial RTU
Wired Industrial RTU
Market Segment by Applications, can be divided into Oil and Gas Industry
Chemical and Petrochemical Industry
Power Generation Industry
Water and Wastewater Industry
Others
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Industrial Remote Terminal Unit (RTU) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Industrial Remote Terminal Unit (RTU), with price, sales, revenue and global market share of Industrial Remote Terminal Unit (RTU) in 2018 and 2019.
Chapter 3, the Industrial Remote Terminal Unit (RTU) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Remote Terminal Unit (RTU) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Industrial Remote Terminal Unit (RTU) market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Industrial Remote Terminal Unit (RTU) sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
