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.
This report contains market size and forecasts of Remote Terminal Unit (RTU) in Smart Grid in global, including the following market information:
Global Remote Terminal Unit (RTU) in Smart Grid Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Remote Terminal Unit (RTU) in Smart Grid Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Remote Terminal Unit (RTU) in Smart Grid companies in 2021 (%)
The global Remote Terminal Unit (RTU) in Smart Grid market was valued at 291.2 million in 2021 and is projected to reach US$ 398.8 million by 2028, at a CAGR of 4.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Small Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Remote Terminal Unit (RTU) in Smart Grid include ABB, Schneider Electric, Siemens, Iskra Sistemi, General Electric, Honeywell, Schweitzer Engineering, Red Lion and Wescon Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Remote Terminal Unit (RTU) in Smart Grid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Remote Terminal Unit (RTU) in Smart Grid Market, by Size, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Remote Terminal Unit (RTU) in Smart Grid Market Segment Percentages, by Size, 2021 (%)
Small
Medium
Large
Global Remote Terminal Unit (RTU) in Smart Grid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Remote Terminal Unit (RTU) in Smart Grid Market Segment Percentages, by Application, 2021 (%)
Power Plant
Company Power Sector
Global Remote Terminal Unit (RTU) in Smart Grid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Remote Terminal Unit (RTU) in Smart Grid Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Remote Terminal Unit (RTU) in Smart Grid revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Remote Terminal Unit (RTU) in Smart Grid revenues share in global market, 2021 (%)
Key companies Remote Terminal Unit (RTU) in Smart Grid sales in global market, 2017-2022 (Estimated), (Units)
Key companies Remote Terminal Unit (RTU) in Smart Grid sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Schneider Electric
Siemens
Iskra Sistemi
General Electric
Honeywell
Schweitzer Engineering
Red Lion
Wescon Group
Dongfang Electronics
Nari Group
TopRank
Prestigious Discovery
Arliscoputra Hantama