The global remote terminal units (RTU) market
is expected to undergo a slow growth rate in the next seven years, climbing
from $0.82 billion in 2013 to $1.43 billion by 2020, at a Compound Annual
Growth Rate (CAGR) of 8.2%.
According to the latest report, this slow
increase can be attributed to the mature nature of the RTU market, which
consists of the installation of new, and replacement of old, devices. In fact,
the size of the global RTU market is expected to increase from 205,400 units in
2013 to 357,433 by 2020.
Report predicts that the global drive to
upgrade and expand Transmission and Distribution (T&D) infrastructure will
be the major boost behind the RTU market. T&D in the US, Canada and the UK
is undergoing a major reform as the aging system has become vulnerable to
faults, which is resulting in substantial loss of power.
According to the analyst of this report, “In
developed countries, such as the US and Canada, RTU installations are expected
to be related primarily to the upgradation of SCADA systems. However, in India,
Indonesia and Malaysia, where the T&D network is still not fully developed,
RTUs are likely to be installed during upgradation, along with the deployment
of SCADA systems. In addition to this, Brazil, China and African countries are
expected to show significant deployments.”
However, the gradual saturation of the global
RTU market will have an adverse effect upon its potential. Nations across the
globe, especially in North America and Europe, already have RTUs installed in
their T&D systems, which restricts the RTU market to the replacement of
installed units and limits any further growth.
Scope
- Market size and forecasts of the global Remote Terminal Units market
- Market size and forecasts of the US, Canada, Mexico, Malaysia, Indonesia and Remote Terminal Units market
- Market Share analysis of key players in the global Remote Terminal Units’ market
- Market Share analysis of key players in the US, Canada, Mexico, Malaysia, Indonesia Remote Terminal Units’ market
- Global pricing analysis of Remote Terminal Units
Reasons
to buy
- Facilitate decision-making based on strong historic and forecast data for global and country markets for Remote Terminal Units.
- Develop strategies for market penetration and product development
- Position yourself to gain the maximum advantage of the Remote Terminal Units' market growth potential
- Identify key partners and business development avenues
- Respond to your competitor’s business structure, strategy and prospects
Spanning
over 69 pages, 25 tables and 25 figures, “Remote Terminal Units in Smart Grid,
2013 Update - Market Analysis and Forecast to 2020” report covering Introduction; Remote
Terminal Units Marketnn - Global Overview; Remote Terminal Units Market- Key
Country Analysis- 2011-2020; Remote Terminal Units- Technology Overview.
Inquire about this report: http://www.marketresearchreports.com/globaldata/remote-terminal-units-smart-grid-2013-update-market-analysis-and-forecast-2020
Find all Electricity
Transmission and Smart Grids reports at:
http://www.marketresearchreports.com/electricity-transmission-smart-grids
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