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Global Remote Terminal Unit (RTU) in Smart Grid Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

SKU ID : GIR-23305788 | Publishing Date : 30-Mar-2023 | No. of pages : 119

Remote Terminal Unit (RTU) is a device installed at a remote location that collects data, codes the data into a format that is transmittable and transmits the data back to a central station, or master. An RTU also collects information from the master device and implements processes that are directed by the master. RTUs are equipped with input channels for sensing or metering, output channels for control, indication or alarms and a communications port.
In a smart grid, the remote terminal unit can collects the data of the electric power condition and transmits the data to the station. Today, RTU is a necessary part in the smart grid and transformer substations.

According to our Researcher latest study, the global Remote Terminal Unit (RTU) in Smart Grid market size was valued at USD 74 million in 2022 and is forecast to a readjusted size of USD 85 million by 2029 with a CAGR of 2.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global remote terminal unit (RTU) in Smart Grid key players include General Electric, ABB, Schneider Electric, Honeywell, Siemens, etc. Global top five manufacturers hold a share over 60%.
North America is the largest market, with a share over 30%, followed by EU and Asia (ex. China), both have a share over 45%.
In terms of product, medium size is the largest segment, with a share over 45%. And in terms of application, the largest application is power lant, followed by company power sector, etc.

This report is a detailed and comprehensive analysis for global Remote Terminal Unit (RTU) in Smart Grid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Remote Terminal Unit (RTU) in Smart Grid market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029

Global Remote Terminal Unit (RTU) in Smart Grid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029

Global Remote Terminal Unit (RTU) in Smart Grid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029

Global Remote Terminal Unit (RTU) in Smart Grid market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Remote Terminal Unit (RTU) in Smart Grid

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Remote Terminal Unit (RTU) in Smart Grid market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Schneider Electric, Siemens, Iskra Sistemi and General Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Remote Terminal Unit (RTU) in Smart Grid market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Wired RTU

Wireless RTU

Market segment by Application

Power Plant

Company Power Sector

Major players

covered

ABB

Schneider Electric

Siemens

Iskra Sistemi

General Electric

Honeywell

Schweitzer Engineering

Red Lion

Wescon Group

Dongfang Electronics

Nari Group

TopRank

Prestigious Discovery

Arliscoputra Hantama

Kalkitech

Motorola Solutions

NR Electric Co

Arteche

Hitachi Energy

Market segment by region, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:



Chapter 1, to describe Remote Terminal Unit (RTU) in Smart Grid product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Remote Terminal Unit (RTU) in Smart Grid, with price, sales, revenue and global market share of Remote Terminal Unit (RTU) in Smart Grid from 2018 to 2023.

Chapter 3, the Remote Terminal Unit (RTU) in Smart Grid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Remote Terminal Unit (RTU) in Smart Grid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Remote Terminal Unit (RTU) in Smart Grid market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Remote Terminal Unit (RTU) in Smart Grid.

Chapter 14 and 15, to describe Remote Terminal Unit (RTU) in Smart Grid sales channel, distributors, customers, research findings and conclusion.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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