Remote Terminal Unit (RTU) in Smart Grid market Overview : 2025  

The Remote Terminal Unit (RTU) in the Smart Grid market was valued at 230 Million US$ in 2018 and is projected to reach 340 Million US$ by 2025, at a CAGR of 4.8% during the forecast period. 

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 collect 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.

In the production market, North America is the largest supplier of remote terminal unit at a market share more than 30%. While it is also the largest consumption market, followed by Europe and China.

China is the emerging market of remote terminal unit in smart grid. With the fast development of smart grid industry in China, the market size of remote terminal unit is also larger and larger. In 2015, the production market share of China in the global is about 11.26% while the consumption market share is about 12.10%.

Now, the remote terminal unit market in developed regions like USA and Europe is mature, while the growth rate of remote terminal unit market in developing regions like Asia will be faster. It is expected that the production and consumption market share Asia area occupied will be larger in the next several years.

In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Remote Terminal Unit (RTU) in Smart Grid.

This report presents the worldwide Remote Terminal Unit (RTU) in Smart Grid market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:

•     ABB
•     Schneider Electric
•     Siemens
•     Iskra Sistemi
•     General Electric
•     Honeywell
•     Schweitzer Engineering
•     Red Lion
•     Wescon Group
•     Dongfang Electronics
•     Nari Group
•     TopRank
•     Prestigious Discovery
•     Arliscoputra Hantama

Remote Terminal Unit (RTU) in Smart Grid Breakdown Data by Type

•     Small size
•     Medium size
•     Large size

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Remote Terminal Unit (RTU) in Smart Grid Breakdown Data by Application

•     Power Plant
•     Company Power Sector

Remote Terminal Unit (RTU) in Smart Grid Production by Region

•     United States
•     Europe
•     China
•     Japan
•     Other Regions

• Remote Terminal Unit (RTU) in Smart Grid Consumption by Region

•     North America
•         United States
•         Canada
•         Mexico
•     Asia-Pacific
•         China
•         India
•         Japan
•         South Korea
•         Australia
•         Indonesia
•         Malaysia
•         Philippines
•         Thailand
•         Vietnam
•     Europe
•         Germany
•         France
•         UK
•         Italy
•         Russia
•         Rest of Europe
•     Central & South America
•         Brazil
•         Rest of South America
•     Middle East & Africa
•         GCC Countries
•         Turkey
•         Egypt
•         South Africa
•         Rest of Middle East & Africa

The study objectives are:

•     To analyze and research the global Remote Terminal Unit (RTU) in Smart Grid status and future forecast，involving, production, revenue, consumption, historical and forecast.
•     To present the key Remote Terminal Unit (RTU) in Smart Grid manufacturers, production, revenue, market share, and recent development.
•     To split the breakdown data by regions, type, manufacturers and applications.
•     To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
•     To identify significant trends, drivers, influence factors in global and regions.
•     To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Remote Terminal Unit (RTU) in Smart Grid:

•     History Year: 2014 - 2018
•     Base Year: 2018
•     Estimated Year: 2019
•     Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Remote Terminal Unit (RTU) in Smart Grid market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.