Smart Grid Remote Terminal Unit Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Smart Grid Remote Terminal Unit is a device that helps to monitor and connect with grid devices across various locations that include distant areas. It is a microchip controlled electronic unit that interfaces objects to an appropriated control system by sending information and by utilizing messages from the administrative framework to associated devices. It is an information/yield (I/O) unit. It controls and screens separated offices and center users using the terminal unit. Specifically, it is very well may be utilized for packaging decentralized fuel sources into a virtual force plant, for request reaction applications, and for setting a miniature matrix.
Smart Grid Market Growth and Trends
Smart Grid Market Regional Analysis
Demand for Remote terminal units for increasing automation and collecting data is figured to drive the smart grid remote terminal unit market globally with its exigent use. The European market is estimated to lead the global smart grid remote terminal unit market owing to the fast pacing power consumption that is set to augment the establishment of a power grid infrastructure in the region. North America is expected to see steady growth in the market with a rise in the number of electric vehicles driving demand for improved power sources. Adding up to the haul on transmission and power assets distribution, many upcoming smart grid projects altogether are estimated to steer the Asia Pacific market to up-scale the global power grid infrastructure.
Smart Grid Market Share and Competition
Key companies operating in this industry are: ABB, Siemens, Cisco, Belden, Deutsche Telekom, Microchip Technology Inc., Itron, Fujitsu, GE, Huawei, Schneider Electric, Landis+GYR, Aclara Technologies, Open Systems International, International Business Machines Corporation, Wipro Limited and Oracle Corporation.
Smart Grid Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Software
• Hardware
• Service
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Automotive
• Oil & Gas
• Mining
• Manufacturing Industry
• Building Automation
• Other Application
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Smart Grid Market Companies
• ABB
• Siemens
• Cisco
• Belden
• Deutsche Telekom
• Microchip Technology Inc.
• Itron
• Fujitsu
• GE
• Huawei
• Schneider Electric
• Landis+GYR
• Aclara Technologies
• Open Systems International
• International Business Machines Corporation
• Wipro Limited
• Oracle Corporation
Available Versions:-
United States Smart Grid Market Research Report
Europe Smart Grid Market Research Report
Asia Pacific Smart Grid Market Research Report
India Smart Grid Market Research Report
