Press release
(2024-2033) Intelligent Remote Terminal Unit Market Analysis, Trends, Growth And Outlook
Intelligent Remote Terminal Unit Market Analysis
As per the report, the intelligent remote terminal unit market size has grown strongly in recent years. It will grow from $2.48 billion in 2023 to $2.64 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The intelligent remote terminal unit market size is expected to see strong growth in the next few years. It will grow to $3.38 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14941&type=smp
Impact Of Rising Electricity Consumption On The Intelligent Remote Terminal Unit Market
The increase in electricity consumption is expected to propel the intelligent remote terminal unit market going forward. Electricity consumption refers to the amount of electrical energy used by individuals, households, businesses, industries, and other entities within a specified period. Electricity consumption is increasing due to several factors, including weather, seasons, sunshine, wind, humidity, the number of people in a household, and technological advancements driving higher energy demands. Intelligent RTUs enhance electricity systems by efficiently monitoring and controlling remote equipment, ensuring reliability and swift response to faults. For instance, in December 2023, according to the Energy Information Administration, a US-based government agency, total U.S. electricity consumption in 2022 increased by 3.2% compared to 2021, with residential electricity sales up 2.6% and commercial sales up 4.7%. Therefore, the increase in electricity consumption is driving the growth of the intelligent remote terminal unit market.
Innovative Solutions In The Intelligent Remote Terminal Unit Market
Major companies operating in the intelligent remote terminal unit market are focused on developing innovative solutions, such as smart RTU controllers, to optimize energy efficiency and improve interoperability with other industrial systems. Smart RTU controllers are advanced devices used in industrial automation and control systems. These controllers integrate various functionalities to enable efficient monitoring, control, and management of remote equipment and processes. For instance, in August 2023, Schneider Electric, a France-based automation and energy management company, launched the 471i and 474i models, two new SCADAPack Smart RTU controllers. These controllers integrate an edge computing platform with a Linux open-source operating system, providing flexibility and efficiency for remote operations. They are designed to address common challenges in remote operations, comply with cybersecurity standards, and offer secure communication protocols. The SCADAPack controllers are built to withstand harsh environments and can operate in extreme temperatures.
The intelligent remote terminal unit market covered in this report is segmented -
1) By Type: Interactive Kiosks, Interactive Video Wall, Interactive Flat-Panel Display, Interactive Whiteboard, Interactive Monitor
2) By Application: Power Plant, Company Power Sector
3) By End-User: Oil And Gas, Chemical, Water And Wastewater Treatment Plants, Power Generation, Other End-Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @ https://www.thebusinessresearchcompany.com/Discount?id=14941&type=discount
Major companies operating in the intelligent remote terminal unit market are Siemens AG, General Electric Company, Cisco Systems Inc., Mitsubishi Electric Corporation, Schneider Electric, Honeywell International Inc., ABB Group, Toshiba Corporation, Eaton Corporation plc, Larsen & Toubro Electrical & Automation, Emerson Electric Co., Rockwell Automation Inc., Omron Corporation, TechnipFMC plc, Teledyne Technologies Incorporated, Yokogawa Electric Corporation, Phoenix Contact GmbH & Co. KG, Belden Inc., Advantech Co. Ltd., WAGO Kontakttechnik GmbH & Co. KG, National Instruments Corporation, Schweitzer Engineering Laboratories Inc., Krohne Group, Moxa Inc., Campbell Scientific Inc.
Contents of the report:
1. Executive Summary
2. Intelligent Remote Terminal Unit Market Report Structure
3. Intelligent Remote Terminal Unit Market Trends And Strategies
4. Intelligent Remote Terminal Unit Market - Macro Economic Scenario
5. Intelligent Remote Terminal Unit Market Size And Growth
…..
27. Intelligent Remote Terminal Unit Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/intelligent-remote-terminal-unit-global-market-report
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release (2024-2033) Intelligent Remote Terminal Unit Market Analysis, Trends, Growth And Outlook here
News-ID: 3566166 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Intelligent
Intelligent Process Automation Market
Intelligent Process Automation (IPA) is rapidly emerging as one of the most transformative technologies in the business world. By combining artificial intelligence (AI), machine learning (ML), robotic process automation (RPA), and other cutting-edge tools, IPA helps organizations automate complex business processes, optimize workflows, and improve operational efficiency. Businesses across various sectors, including manufacturing, finance, healthcare, and logistics, are increasingly adopting IPA solutions to reduce operational costs, enhance productivity, and improve…
Intelligent solar protection
Convenient control of awnings with smart-home technology
Solar protection for balconies, patios and windows is a talking point every summer - especially in view of climate change which is bringing us unusually hot periods ever more frequently. Awnings that can be controlled automatically are particularly suitable when it comes to preventing interiors from heating up. And that is where markilux comes in: for this purpose the supplier offers many different models…
Intelligent Care Support Market
“Intelligent Care Support Market” study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authentic…
Global Intelligent Motor Control Market By Type (Low Voltage Intelligent Motor C …
This report studies the Intelligent Motor Control Market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Intelligent Motor Control Market by product type and applications/end industries. These details further contain a basic summary of the company, merchant profile, and the product range of the company in question. The…
Intelligent Transportation System Market
Intelligent Transportation System Market – Global Industry Analysis and Forecast (2017-2026) – By Offering, by type, by Component, Application, and Geography
Intelligent Transportation System Market was valued US$ 20.2 Bn in 2017 and is expected to reach US$ 40.5 Bn by 2026 at CAGR of 9.08% during forecast period.
Intelligent Transportation System Market (ITS) is a computerized system with diverse applications connected with vehicle transportation. Also, it provides travelers with important information…
Global Intelligent Prosthetics Market 2018 | Blatchford, Intelligent Prosthetic …
Press Release – 24 Aug 2018
Research and Development News --
. .
Latest Update "Global Intelligent Prosthetics Market Research Report 2018" with Industries Survey | Global Current Growth and Future.
' '
This report studies the global Intelligent Prosthetics market status and forecast, categorizes the global Intelligent Prosthetics market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South…
