Press release
At A CAGR Of 7.24% Global Intelligent RTU Industry Will Grow Steadily During The Period 2017-2021
Researchmoz added Most up-to-date research on "Global Intelligent Remote Terminal Unit Market 2017-2021" to its huge collection of research reports.RTU is a control device that helps the master device, SCADA, to monitor and communicate with devices in the grid placed in different geographical locations. RTUs can be used in a broad range of electrical and process automation devices wherever SCADA is required to monitor and control the equipment. They are used to collect data from field equipment and communicate the commands from the master device. This can be done through a wired connection (telephone line, cables, or Ethernet) or wireless connection. The data is sent to the operator in real time so that they are aware of the complete grid situation and make any necessary changes to the grid. RTUs are used in substations to increase automation, leading to the optimal distribution of power. They also correct any anomalies that can result in loss of power in transmission and distribution (T&D), reducing equipment damage, and improving power quality and reliability. RTUs can be used in water treatment and distribution plants, power T&D, and monitoring and controlling of oil and gas lines.
Technavios analysts forecast the global intelligent RTU market to grow at a CAGR of 7.24% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global intelligent RTU market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of intelligent RTU.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Intelligent RTU Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
GE Grid Solutions
Honeywell
Schneider
Siemens Energy
Other prominent vendors
Advantech
eLynx Technologies
Emerson
Enbase Energy Technology
FF-Automation
GlobaLogix
Iskra Group
L&T Electrical & Automation
MOXA
Prestigious Discovery Sdn. Bhd.
PT Arliscoputra Hantama
Schweitzer Engineering Laboratories
Yokogawa Electric
Market driver
Increasing cross-border interconnections
For a full, detailed list, view our report
Market challenge
Uncertainties associated with low crude oil prices
For a full, detailed list, view our report
Market trend
Increased role of advanced analytics
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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