Press release
Impact Of Rising Electricity Consumption On The Intelligent Remote Terminal Unit Market: Pivotal Factor Influencing Intelligent Remote Terminal Unit Market Growth in 2025
Intelligent Remote Terminal Unit Market Size
Intelligent Remote Terminal Unit Market Size Growth Forecast: What to Expect by 2025?
The market for intelligent remote terminal units has seen significant growth in the past few years. The market size, which was $2.64 billion in 2024, is projected to expand to $2.81 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.6%. Reasons for this surge during the previous period include heightened use of automation solutions, an increase in infrastructure projects, rigorous regulations and standards, and growing apprehensions regarding energy use.
How Will the Intelligent Remote Terminal Unit Market Size Evolve and Grow by 2029?
The size of the intelligent remote terminal unit market is predicted to experience significant expansion in the upcoming years. The estimated rise to $3.59 billion by 2029 will happen at a compound annual growth rate (CAGR) of 6.3%. Factors contributing to this growth forecast include increased investment in smart city initiatives, progression in the digital sector and industry 4.0 schemes, heightened focus on cybersecurity and resilience, along with a blend of renewable energy resources. The forthcoming period is likely to see key trends such as integration with IoT and cloud platforms, improvement in predictive maintenance and advanced analytics, enhancements in cybersecurity, capabilities in edge computing, and progress in remote supervision and management.
View the full report here:
https://www.thebusinessresearchcompany.com/report/intelligent-remote-terminal-unit-global-market-report
What Drivers Are Propelling the Growth of Intelligent Remote Terminal Unit Market Forward?
The anticipated rise in electricity usage is projected to stimulate the growth of the intelligent remote terminal unit market. Electricity consumption involves the use of electrical energy by individuals, households, businesses, industries, and various other entities over a specific time frame. Several factors contribute to the escalation of electricity consumption, including atmospheric conditions, seasons, sunlight, wind, humidity, household population, and technological breakthroughs that require more energy. Intelligent RTUs contribute to electrical systems by effectively tracking and managing remote equipment, thus ensuring reliable and quick error correction. For example, data from the Energy Information Administration, an agency of the US government, in December 2023 indicated a 3.2% increase in total U.S. electricity consumption in 2022 compared to 2021. This increase included a 2.6% rise in residential electricity sales and a 4.7% increase in commercial sales. Consequently, the surge in electricity consumption is fueling the expansion of the intelligent remote terminal unit market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14941&type=smp
Which Emerging Trends Are Transforming the Intelligent Remote Terminal Unit Market in 2025?
Leading companies in the intelligent remote terminal unit market are concentrating on creating innovative products, like smart RTU controllers, to enhance energy efficiency and better synergize with other industrial systems. The smart RTU controllers are sophisticated gadgets used in automation and control systems within the industry. They incorporate various functionalities for effective management, control, and monitoring of remote processes and equipment. For example, Schneider Electric, a French automation and energy management firm, introduced two new SCADAPack Smart RTU controllers, the 471i and 474i models, in August 2023. These controllers come with an edge computing platform and a Linux open-source operating system, ensuring flexible and efficient remote operations. They have been engineered to tackle common problems in remote operations, adhere to cybersecurity norms, and provide secure communication protocols. These SCADAPack controllers are made to survive tough conditions and function in extreme temperatures.
What Are the Key Segments in the Intelligent Remote Terminal Unit Market?
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
Subsegments:
1) By Interactive Kiosks: Self-Service Kiosks, Digital Signage Kiosks, Ticketing Kiosks, Information Kiosks
2) By Interactive Video Wall: LED Video Wall, LCD Video Wall, Projection-Based Video Wall
3) By Interactive Flat-Panel Display: LED Displays, OLED Displays, LCD Displays
4) By Interactive Whiteboard: Digital Whiteboards, Smart Boards, Touchscreen Whiteboards
5) By Interactive Monitor: Touchscreen Monitors, Smart Monitors, LED Monitors
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14941&type=smp
Who Are the Key Players Shaping the Intelligent Remote Terminal Unit Market's Competitive Landscape?
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.
What Geographic Markets Are Powering Growth in the Intelligent Remote Terminal Unit Market?
North America was the largest region in the intelligent remote terminal unit market in 2024. The regions covered in the intelligent remote terminal unit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14941
"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Impact Of Rising Electricity Consumption On The Intelligent Remote Terminal Unit Market: Pivotal Factor Influencing Intelligent Remote Terminal Unit Market Growth in 2025 here
News-ID: 4124793 • Views: …
More Releases from The Business Research Company
Impact Of Rising Infrastructure Investment On The Market Growth Due To Increasin …
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 Hydrophilic Swelling Waterstop Market Through 2025?
In recent times, there has been robust growth in the hydrophilic swelling waterstop market size. It is expected to mature from a value of $0.87 billion in 2024 to $0.94 billion in 2025, illustrating a compound…
Emerging Trends to Drive Hot Melt Waterproofing System Market Growth at 7% CAGR …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Hot Melt Waterproofing System Market Size Growth Forecast: What to Expect by 2025?
There has been a substantial expansion in the hot melt waterproofing system market in the last few years. It is projected to rise from $2.34 billion in 2024 to $2.52 billion in 2025, with a compound…
High-Pressure Blasting Service Market: Major Trends Reshaping the Future of the …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the High-Pressure Blasting Service Industry Market Size Be by 2025?
The market size for high pressure blasting services has seen substantial growth in the past few years. The market, which is predicted to rise from a value of $3.18 billion in 2024 to $3.40 billion in 2025,…
Impact Of Rising Construction Activities On The Market Growth Due To Increasing …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
High Performance Plasterboard Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the last few years, there has been a robust expansion of the high performance plasterboard market size. It's predicted to increase from $13.32 billion in 2024 to $14.21 billion in 2025, showcasing a…
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…
