Report overview
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.
RTU?s remote monitoring functions can be used for Oil and gas (offshore platforms, onshore oil wells, pump stations on pipelines), Networks of pump stations (waste water collection, or for water supply), Environmental monitoring systems (pollution, air quality, emissions monitoring), Mine sites and Air traffic equipment such as navigation aids (DVOR, DME, ILS and GP). RTU?s remote monitoring and control functions can be used for Hydro-graphic (water supply, reservoirs, sewage systems), Electrical power transmission networks and associated equipment, Natural gas networks and associated equipment, Outdoor warning sirens and The Biosphere II project, etc.
This report aims to provide a comprehensive presentation of the global market for Industrial Remote Terminal Unit (RTU), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Remote Terminal Unit (RTU). This report contains market size and forecasts of Industrial Remote Terminal Unit (RTU) in global, including the following market information:
Global Industrial Remote Terminal Unit (RTU) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Industrial Remote Terminal Unit (RTU) Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Industrial Remote Terminal Unit (RTU) companies in 2022 (%)
The global Industrial Remote Terminal Unit (RTU) market was valued at US$ 842.9 million in 2022 and is projected to reach US$ 1110.7 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 9.59%, 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 above companies accounted for 80% 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.
We surveyed the Industrial Remote Terminal Unit (RTU) 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 Industrial Remote Terminal Unit (RTU) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Industrial Remote Terminal Unit (RTU) Market Segment Percentages, by Type, 2022 (%)
Wireless Industrial RTU
Wired Industrial RTU
Global Industrial Remote Terminal Unit (RTU) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Industrial Remote Terminal Unit (RTU) Market Segment Percentages, by Application, 2022 (%)
Oil and Gas Industry
Chemical and Petrochemical Industry
Power Generation Industry
Water and Wastewater Industry
Others
Global Industrial Remote Terminal Unit (RTU) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Industrial Remote Terminal Unit (RTU) Market Segment Percentages, By Region and Country, 2022 (%)
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 Industrial Remote Terminal Unit (RTU) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Remote Terminal Unit (RTU) revenues share in global market, 2022 (%)
Key companies Industrial Remote Terminal Unit (RTU) sales in global market, 2018-2023 (Estimated), (Units)
Key companies Industrial Remote Terminal Unit (RTU) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
General Electric
Schneider Electric
Honeywell
Siemens
Emerson
Rockwell Automation
Motorola Solutions
Advantech
Yokogawa
Red Lion
Arteche
Iskra Sistemi
Schweitzer Engineering Laboratories
Dongfang Electronics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Remote Terminal Unit (RTU), market overview.
Chapter 2: Global Industrial Remote Terminal Unit (RTU) market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Remote Terminal Unit (RTU) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Remote Terminal Unit (RTU) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Industrial Remote Terminal Unit (RTU) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
