Global Remote Telemetry Units Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Remote Telemetry Units Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

RTU (Remote Telemetry Units) is the core device that constitutes an enterprise's integrated automation system. It is usually composed of signal input/output modules, microprocessors, wired/wireless communication equipment, power supplies, and shells. It is controlled by microprocessors and supports network systems. Through its own software (or intelligent software) system, it can ideally realize the functions of telemetering, remote control, remote signaling and remote adjustment of primary instruments on the Sales site by the central monitoring and dispatching system of the enterprise.

Market Overview:

The latest research study on the global Remote Telemetry Units market finds that the global Remote Telemetry Units market reached a value of USD 850.52 million in 2022. It’s expected that the market will achieve USD 1014.38 million by 2028, exhibiting a CAGR of 2.98% during the forecast period.

The emergence of related policies

In recent years, some countries and regions have issued industry norms and standards for the RTU industry. For example, the China Industrial Process Measurement Control and Automation Standardization Technical Committee issued GB/T 34039-2017 Remote Terminal Unit (RTU) Technical Specifications. The RTU national standard Remote Terminal Unit (RTU) Technical Specifications stipulates the industrial environment adaptability and safety requirements, functional requirements, performance requirements, test and verification, inspection rules, and nameplate, data and packaging requirements of RTU. The implementation of RTU national standards will effectively improve the quality of domestic RTU products, solve the efficiency problems, order problems, and sustainable development problems in the early RTU product application market, and have a positive impact on the application of RTU standardization and the promotion of domestic substitution in China. These industry standards will, to a certain extent, standardize the product quality and technology of enterprises in RTU. These regulations will also protect some local manufacturers and enable them to receive technical guidance from some countries.

Industrial

RTU is an electronic device installed on a remote site, used to monitor and measure sensors and equipment installed on a remote site, and is responsible for monitoring and controlling on-site signals and industrial equipment. The RTU converts the measured state or signal into a data format that can be sent on the communication medium. It converts the data sent from the central computer into a command to realize the functional control of the device.
One of the biggest features of RTU is that it can work in harsh environments such as dusty, high temperature, low temperature, and twisted environments. For example, it can work normally in environments with a temperature of -40°C to 70°C and a relative humidity of 5% to 95%. The design of analog input and output accuracy can reach 0.1% at room temperature and 0.2% in the full temperature range. RTU can also debug according to the environment of the monitoring site, user needs, and the way of obtaining electricity. It adopts wide voltage, high and low temperature resistance, moisture-proof, lightning protection design, multi-interface connection, mains, solar, and battery power supply to meet the needs of users. To achieve data transmission and remote debugging, control, and upgrade functions.

Region Overview:

Geographically, Americas held the largest market share - 38.56% in 2021.

Company Overview

ABB is one of the major players operating in the Remote Telemetry Units market, holding a share of 9.25% in 2021.

ABB

The business is a global leader in power technology. Customers in the fields of energy, transportation, IT, industry and infrastructure trust our world-class team of experts to provide pioneering digital solutions across the entire power value chain.

Schneider Electric

The main business includes Power Management, Process & Machines Management, IT Room Management, Building Management, Security Management, Industrial software design, simulation and optimisation, Industrial Automation, Control and safety systems and instrumentation, and Energy Management.

Segmentation Overview:

As for product types, the Wired RTU segment held the largest market share in 2021.

Wireless RTU

Wireless units intended to be used with a LAN connection allow a direct connection to the Master Station either through the network, or through a Wi-Fi connection to the internet that would easily facilitate remote monitoring from anywhere around the globe.

Wired RTU

Wired RTU is a special computer measurement and control unit with a specific structure designed for short-circuit communication distance and harsh industrial site environment. It is connected to the main computer of the remote offset center through the end detection instrument and the actuator, and has remote data. Collection, control and communication functions can receive operating instructions from the host computer and control the actions of the terminal actuators.

Application Overview:

The market's largest segment by application is the segment Oil and Gas, with a market share of 41.81% in 2021.

Key Companies in the global Remote Telemetry Units market covered in Chapter 3:

Siemens
Arteche
Iskra Sistemi
General Electric
Schneider Electric
ABB
Advantech
Yokogawa
Motorola Solutions
Red Lion
Honeywell
Emerson

In Chapter 4 and Chapter 14.2, on the basis of types, the Remote Telemetry Units market from 2018 to 2029 is primarily split into:

Wireless RTU
Wired RTU

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Remote Telemetry Units market from 2018 to 2029 covers:

Oil and Gas
Water and Wastewater
Rail
Mining
Industrial
Power Generation
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)