Global Intelligent Remote Terminal Unit Market Growth 2023-2029

Global Intelligent Remote Terminal Unit Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Intelligent Remote Terminal Unit Industry Forecast” looks at past sales and reviews total world Intelligent Remote Terminal Unit sales in 2022, providing a comprehensive analysis by region and market sector of projected Intelligent Remote Terminal Unit sales for 2023 through 2029. With Intelligent Remote Terminal Unit sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Intelligent Remote Terminal Unit industry.

This Insight Report provides a comprehensive analysis of the global Intelligent Remote Terminal Unit landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Intelligent Remote Terminal Unit portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Intelligent Remote Terminal Unit market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Intelligent Remote Terminal Unit and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Intelligent Remote Terminal Unit.

The global Intelligent Remote Terminal Unit market size is projected to grow from US$ 2310.4 million in 2022 to US$ 3473 million in 2029; it is expected to grow at a CAGR of 3473 from 2023 to 2029.

With the evolution of the era of big data, Internet of Things (IoT) technology is being widely used and its architecture contains cloud computing and intelligent terminals. In the past, workers needed to regularly supervise larger oilfield zones. The use of intelligent terminal unit can effectively identify status of equipment, and greatly reduce costs of man power. Intelligent terminal unit can collect real-time information of production, to provide the basis for the deployment of resources. For example for Oil and Gas industry, normally transmission and distribution pipelines are located a long way from civilization, their maintenance is more difficult. Therefore, when pipelines leak, the intelligent terminal can monitor the status of the pipes, instantly provide feedback to the monitoring center, and collect all the pipeline information.

This report presents a comprehensive overview, market shares, and growth opportunities of Intelligent Remote Terminal Unit market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Wireless intelligent RTU
Wired intelligent RTU

Segmentation by application
Oil and Gas Industry
Chemical and Petrochemical Industry
Power Generation Industry
Water and Wastewater Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
GE Grid Solutions
Honeywell
Schneider
Siemens Energy
Advantech
eLynx Technologies
Emerson
Enbase Energy Technology
FF-Automation
GlobaLogix
Iskra Group
L&T Electrical & Automation
MOXA
Prestigious Discovery
PT Arliscoputra Hantama
Schweitzer Engineering Laboratories
Yokogawa Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Intelligent Remote Terminal Unit market?

What factors are driving Intelligent Remote Terminal Unit market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Intelligent Remote Terminal Unit market opportunities vary by end market size?

How does Intelligent Remote Terminal Unit break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.