Industrial Remote Terminal Unit (RTU) Market In Southeast Asia 2024-2028
The industrial remote terminal unit (RTU) market in Southeast Asia is forecasted to grow by USD 83.8 mn during 2023-2028, accelerating at a CAGR of 6.7% during the forecast period. The report on the industrial remote terminal unit (RTU) market in Southeast Asia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising popularity of modular RTUs, integration of RTUs for enhanced flood management systems, and increasing demand for smart grids.
Technavio's industrial remote terminal unit (RTU) market in Southeast Asia is segmented as below:
- By Product
- Wireless industrial RTU
- Wired industrial RTU
- By End-user
- Oil and gas
- Power generation
- Chemicals and petrochemical
- Water and wastewater industry
- Others
- By Geographical Landscape
- Southeast Asia
This study identifies the application of RTUs in smart city expansion as one of the prime reasons driving the industrial remote terminal unit (RTU) market in Southeast Asia growth during the next few years. Also, increasing demand for smart RTUs and new product launches by market vendors will lead to sizable demand in the market.
The report on the industrial remote terminal unit (RTU) market in Southeast Asia covers the following areas:
- Industrial Remote Terminal Unit (RTU) Market in Southeast Asia sizing
- Industrial Remote Terminal Unit (RTU) Market in Southeast Asia forecast
- Industrial Remote Terminal Unit (RTU) Market in Southeast Asia industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial remote terminal unit (RTU) market in Southeast Asia vendors that include ABB, Advantech Co. Ltd., Beckhoff Automation, Brodersen Systems AS, Delta Electronics Inc., Emerson Electric Co., General Electric Co., Hitachi Energy Ltd., Hollysys Automation Technologies Ltd., Honeywell International Inc., ICP DAS CO. LTD., Kalki Communication Technologies Pvt. Ltd., Mitsubishi Electric Corp., Phoenix Contact GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Terma AS, Toshiba Corp., and Yokogawa Electric Corp.. Also, the industrial remote terminal unit (RTU) market in Southeast Asia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.