Remote Terminal Unit (RTU) in Smart Grid Market, Global Outlook and Forecast 2023-2029

Remote Terminal Unit (RTU) is a device installed at a remote location that collects data, codes the data into a format that is transmittable and transmits the data back to a central station, or master. An RTU also collects information from the master device and implements processes that are directed by the master. RTUs are equipped with input channels for sensing or metering, output channels for control, indication or alarms and a communications port.
In a smart grid, the remote terminal unit can collects the data of the electric power condition and transmits the data to the station. Today, RTU is a necessary part in the smart grid and transformer substations.
This report aims to provide a comprehensive presentation of the global market for Remote Terminal Unit (RTU) in Smart Grid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Remote Terminal Unit (RTU) in Smart Grid. This report contains market size and forecasts of Remote Terminal Unit (RTU) in Smart Grid in global, including the following market information:
Global Remote Terminal Unit (RTU) in Smart Grid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Remote Terminal Unit (RTU) in Smart Grid Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Remote Terminal Unit (RTU) in Smart Grid companies in 2022 (%)
The global Remote Terminal Unit (RTU) in Smart Grid market was valued at US$ 74 million in 2022 and is projected to reach US$ 85 million by 2029, at a CAGR of 2.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global remote terminal unit (RTU) in Smart Grid key players include General Electric, ABB, Schneider Electric, Honeywell, Siemens, etc. Global top five manufacturers hold a share over 60%.
North America is the largest market, with a share over 30%, followed by EU and Asia (ex. China), both have a share over 45%. 
In terms of product, medium size is the largest segment, with a share over 45%. And in terms of application, the largest application is power lant, followed by company power sector, etc.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Remote Terminal Unit (RTU) in Smart Grid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Remote Terminal Unit (RTU) in Smart Grid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Remote Terminal Unit (RTU) in Smart Grid Market Segment Percentages, by Type, 2022 (%)
    Wired RTU
    Wireless RTU
Global Remote Terminal Unit (RTU) in Smart Grid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Remote Terminal Unit (RTU) in Smart Grid Market Segment Percentages, by Application, 2022 (%)
    Power Plant
    Company Power Sector
Global Remote Terminal Unit (RTU) in Smart Grid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Remote Terminal Unit (RTU) in Smart Grid Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Remote Terminal Unit (RTU) in Smart Grid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Remote Terminal Unit (RTU) in Smart Grid revenues share in global market, 2022 (%)
Key companies Remote Terminal Unit (RTU) in Smart Grid sales in global market, 2018-2023 (Estimated), (Units)
Key companies Remote Terminal Unit (RTU) in Smart Grid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ABB
    Schneider Electric
    Siemens
    Iskra Sistemi
    General Electric
    Honeywell
    Schweitzer Engineering
    Red Lion
    Wescon Group
    Dongfang Electronics
    Nari Group
    TopRank
    Prestigious Discovery
    Arliscoputra Hantama
    Kalkitech
    Motorola Solutions
    NR Electric Co
    Arteche
    Hitachi Energy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Remote Terminal Unit (RTU) in Smart Grid, market overview.
Chapter 2: Global Remote Terminal Unit (RTU) in Smart Grid market size in revenue and volume.
Chapter 3: Detailed analysis of Remote Terminal Unit (RTU) in Smart Grid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Remote Terminal Unit (RTU) in Smart Grid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Remote Terminal Unit (RTU) in Smart Grid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.