Industrial Remote Terminal Unit (RTU) Market (Updated Version Available)

The report offers detailed coverage of Industrial Remote Terminal Unit (RTU) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Industrial Remote Terminal Unit (RTU) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
The global Industrial Remote Terminal Unit (RTU) market is forecasted to keep the trend and expand to $ 1169.60 million by 2025 from $ 813.25 million in 2019, growing at a CAGR of 6.24% from 2019 to 2025. 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 2018. 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 report forecast global Industrial Remote Terminal Unit (RTU) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Industrial Remote Terminal Unit (RTU) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
ABB
General Electric
Schneider Electric
Honeywell
Siemens
Emerson
Rockwell Automation
Motorola Solutions
Advantech
Yokogawa
Red Lion
Arteche
Iskra Sistemi
Schweitzer Engineering Laboratories
Dongfang Electronics


At the same time, we classify Industrial Remote Terminal Unit (RTU) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Wireless Industrial RTU
Wired Industrial RTU
Market by Application
Oil and Gas Industry
Chemical and Petrochemical Industry
Power Generation Industry
Water and Wastewater Industry
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Industrial Remote Terminal Unit (RTU) market for the forecast period 2021 - 2025?
• What are the driving forces in the Industrial Remote Terminal Unit (RTU) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Industrial Remote Terminal Unit (RTU) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?