Remote Terminal Unit (RTU) in Smart Grid Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Published: Jan 2024 Pages: 166 SKU: IRTNTR77299

Remote Terminal Unit (RTU) in Smart Grid Market 2024-2028

The remote terminal unit (RTU) in smart grid market size is forecast to increase by USD 82.28 million, at a CAGR of 4.97% between 2023 and 2028. The market growth analysis depends on several factors such as the transition to smart grids, the rising energy demand globally, and the advancements in communication technologies. 

The report includes a comprehensive outlook on the Remote Terminal Unit in Smart Grid Market, offering forecasts for the industry segmented by Application, which comprises company power sector and power plant. Additionally, it categorizes Type into high voltage, medium voltage, and low voltage, and covers Regions, including North America, Europe, APAC, South America, and Middle East and Africa. The market report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

Market Forecasting and Size

Market Forecast 2024-2028

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Market Dynamic

Our researchers studied the market research and growth data for years, with 2023 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. 

Driver- Transition to smart grids

A smart grid is an integrated network that connects all the assets of a power network, namely, generation, transmission, distribution, and consumption. One of the main features of a smart grid is its ability to generate large volumes of data. The vast amount of information, coupled with variable power consumption sources, such as automation devices, sensors, and other smart devices, broadens the opportunities for utilities to handle multiple databases and synchronize them. With the help of a power utility monitoring system, this data can be used as a diagnostic tool for corrective action. 

Furthermore, as utilities worldwide shift towards more advanced and automated grid management, the demand for RTUs rises. These devices play a pivotal role in collecting and transmitting data, enhancing grid efficiency, and enabling real-time monitoring. The increasing deployment of smart grid infrastructure globally is expected to propel the demand for RTUs, which in turn will fuel the growth of the market during the forecast period.

Trends- Increasing adoption of edge computing in the smart grid sector

The adoption of edge computing in the smart grid sector is poised to fuel the growth of the global remote terminal unit (RTU) in the smart grid market during the forecast period by addressing key challenges and enhancing the overall efficiency and responsiveness of smart grid systems. Edge computing involves processing data locally, near the source of generation or consumption, reducing latency and improving real-time decision-making capabilities. Edge computing integration into RTUs allows for faster processing of critical data directly at the grids edge, enabling quicker response to dynamic grid conditions. 

Moreover, the adoption of edge computing in RTUs contributes to reduced data transmission requirements, alleviating strain on communication networks. Furthermore, the trend towards edge computing also aligns with the increasing focus on real-time analytics and the deployment of advanced applications, such as predictive maintenance and fault detection. These capabilities are vital for ensuring the stability and efficiency of smart grid systems, driving the demand for edge-enhanced RTUs in the market during the forecast period. As the smart grid landscape continues to evolve, the integration of edge computing in RTUs will drive market growth during the forecast period.

Challenge- Cybersecurity concerns associated with smart grids

As RTUs play a key role in facilitating real-time data monitoring and control within smart grid systems, they become attractive targets for cyber threats, jeopardizing the overall integrity of the power infrastructure. Mumbai's power infrastructure was the target of a devastating ransomware attack in 2023, which marked a dramatic shift in the field of cybersecurity. This incident shocked the cybersecurity community and brought severe attention to the possible repercussions of such attacks on critical infrastructure. Thus, such incidents highlight the vulnerabilities in smart grid systems, prompting increased scrutiny and concern over the security of components like RTUs.

Furthermore, utilities and organizations investing in smart grid technologies, including RTUs, are compelled to allocate substantial resources to fortify cybersecurity measures. The uncertainty and evolving nature of cyber threats make it challenging for RTU manufacturers to stay ahead of potential risks. The need for continuous updates, patches, and investments in sophisticated cybersecurity solutions adds complexity and cost to the deployment and maintenance of RTUs, potentially hindering market growth during the forecast period.

Market Segmentation by Application, Type, and Geography

Application Segment Analysis:

The company power sector segment will account for a major share of the market's growth during the forecast period.? RTUs play a crucial role in collecting real-time data, ensuring grid stability, and managing the fluctuations inherent in renewable energy generation. The rising focus on grid modernization and smart grid initiatives is propelling the demand for RTUs in the power sector. Moreover, the need for real-time monitoring and control of power distribution networks is critical for companies in the power sector. RTUs enable utilities to remotely manage substations, monitor equipment health, and respond swiftly to faults or outages, contributing to operational efficiency and reducing downtime.

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The company power sector segment was valued at USD 180.48 million in 2018. Remote terminal unit in smart grid market players offer products tailored to the specific needs of the company power sector. For example, Siemens AG provides the Sicam A8000 series RTU, designed for advanced automation and control in power applications. ABB Ltd. offers the RTU500 series, featuring scalable solutions for substation automation in the power sector. Thus, the growing demand for RTUs in the company power sector is driven by the integration of renewable energy, grid modernization initiatives, and the need for efficient monitoring and control systems will drive the growth of the RTU in smart grid market through company power sector segment during the forecast period.

Type Segment Analysis:

Based on type, the market has been segmented into high voltage, medium voltage, and low voltage. The high voltage segment will account for the largest share of this segment.?The high voltage segment in the global remote terminal unit in smart grid market is experiencing substantial growth, driven by several key factors. The increasing demand for reliable and efficient energy transmission in high-voltage networks is a primary driver. Secondly, the integration of renewable energy sources, often located in remote areas, necessitates efficient high-voltage transmission to bring the generated power to demand centers. RTUs play a critical role in monitoring and controlling high-voltage substations, ensuring the stability and reliability of the grid. The growing need for grid automation and modernization initiatives in the power sector is contributing to the demand for RTUs in high-voltage applications. Thus, increasing demand for reliable and efficient high voltage transmission, integration of renewable energy, and the broader trend of grid modernization in the power sector is expected to fuel the growth of the global remote terminal unit (RTU) in smart grid market through high voltage segment during the forecast period.

Regional Analysis

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North America is estimated to contribute 31% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. North America, particularly the US and Canada, leads in smart grid deployments, driven by government funding and initiatives. The US, a pioneer, supports grid modernization through legislation and financial aid. The Department of Energy provides grants for energy code adoption. The region plans significant power infrastructure upgrades, fostering the demand for remote terminal units (RTUs) in smart grids.

Moreover, major players like Schneider Electric and Siemens contribute to the market's growth. In Canada, government policies, renewable energy, and infrastructure upgrades drive the smart grid market, with a focus on achieving emission-free electricity by 2030. Hence, such factors are expected to drive market growth in this region during the forecast period.  

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • ABB Ltd.: The company offers remote terminal units such as the RTU500 series that enable secure and robust fleet management with the 12.6 release. They support adaptation to different applications such as remote control, substation automation, communication gateway, distribution RTU, and feeder RTU.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Advantech Co. Ltd., Eaton Corp. Plc, Emerson Electric Co., Enilit Ltd., General Electric Co., Honeywell International Inc., ICP DAS CO. LTD., Kalki Communication Technologies Pvt. Ltd., Mitsubishi Electric Corp., Motorola Solutions Inc., Moxa Inc., Remsdaq Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., Siemens AG, Spectris Plc, WAGO GmbH and Co. KG, Yokogawa Electric Corp., and Hitachi Energy Ltd. 

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook 
    • Company power sector
    • Power plant
  • Type Outlook
    • High voltage
    • Medium voltage
    • Low voltage
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Remote Terminal Unit (RTU) in Smart Grid Market Scope

Report Coverage

Details

Page number

166

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.97%

Market Growth 2024-2028

USD 82.28 million

Market structure

Fragmented

YoY growth 2023-2024(%)

4.47

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 31%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., Advantech Co. Ltd., Eaton Corp. Plc, Emerson Electric Co., Enilit Ltd., General Electric Co., Honeywell International Inc., ICP DAS CO. LTD., Kalki Communication Technologies Pvt. Ltd., Mitsubishi Electric Corp., Motorola Solutions Inc., Moxa Inc., Remsdaq Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., Siemens AG, Spectris Plc, WAGO GmbH and Co. KG, Yokogawa Electric Corp., and Hitachi Energy Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Remote Terminal Unit (RTU) in Smart Grid Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market  companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global remote terminal unit (RTU) in smart grid market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global remote terminal unit (rtu) in smart grid market 2018 - 2022 ($ million)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Company power sector - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Company power sector - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Company power sector - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Company power sector - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Company power sector - Year-over-year growth 2023-2028 (%)
    • 6.4 Power plant - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Power plant - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Power plant - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Power plant - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Power plant - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ million)
      • Exhibit 43: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 High voltage - Market size and forecast 2023-2028
      • Exhibit 48: Chart on High voltage - Market size and forecast 2023-2028 ($ million)
      • Exhibit 49: Data Table on High voltage - Market size and forecast 2023-2028 ($ million)
      • Exhibit 50: Chart on High voltage - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on High voltage - Year-over-year growth 2023-2028 (%)
    • 7.4 Medium voltage - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Medium voltage - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Medium voltage - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Medium voltage - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Medium voltage - Year-over-year growth 2023-2028 (%)
    • 7.5 Low voltage - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Low voltage - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Low voltage - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Low voltage - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Low voltage - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 60: Market opportunity by Type ($ million)
      • Exhibit 61: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 115: ABB Ltd. - Overview
              • Exhibit 116: ABB Ltd. - Business segments
              • Exhibit 117: ABB Ltd. - Key offerings
              • Exhibit 118: ABB Ltd. - Segment focus
            • 12.4 Advantech Co. Ltd.
              • Exhibit 119: Advantech Co. Ltd. - Overview
              • Exhibit 120: Advantech Co. Ltd. - Business segments
              • Exhibit 121: Advantech Co. Ltd. - Key offerings
              • Exhibit 122: Advantech Co. Ltd. - Segment focus
            • 12.5 Eaton Corp. Plc
              • Exhibit 123: Eaton Corp. Plc - Overview
              • Exhibit 124: Eaton Corp. Plc - Business segments
              • Exhibit 125: Eaton Corp. Plc - Key news
              • Exhibit 126: Eaton Corp. Plc - Key offerings
              • Exhibit 127: Eaton Corp. Plc - Segment focus
            • 12.6 Emerson Electric Co.
              • Exhibit 128: Emerson Electric Co. - Overview
              • Exhibit 129: Emerson Electric Co. - Business segments
              • Exhibit 130: Emerson Electric Co. - Key news
              • Exhibit 131: Emerson Electric Co. - Key offerings
              • Exhibit 132: Emerson Electric Co. - Segment focus
            • 12.7 Enilit Ltd.
              • Exhibit 133: Enilit Ltd. - Overview
              • Exhibit 134: Enilit Ltd. - Key offerings
            • 12.8 General Electric Co.
              • Exhibit 135: General Electric Co. - Overview
              • Exhibit 136: General Electric Co. - Business segments
              • Exhibit 137: General Electric Co. - Key news
              • Exhibit 138: General Electric Co. - Key offerings
              • Exhibit 139: General Electric Co. - Segment focus
            • 12.9 Honeywell International Inc.
              • Exhibit 140: Honeywell International Inc. - Overview
              • Exhibit 141: Honeywell International Inc. - Business segments
              • Exhibit 142: Honeywell International Inc. - Key news
              • Exhibit 143: Honeywell International Inc. - Key offerings
              • Exhibit 144: Honeywell International Inc. - Segment focus
            • 12.10 Mitsubishi Electric Corp.
              • Exhibit 145: Mitsubishi Electric Corp. - Overview
              • Exhibit 146: Mitsubishi Electric Corp. - Business segments
              • Exhibit 147: Mitsubishi Electric Corp. - Key news
              • Exhibit 148: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 149: Mitsubishi Electric Corp. - Segment focus
            • 12.11 Motorola Solutions Inc.
              • Exhibit 150: Motorola Solutions Inc. - Overview
              • Exhibit 151: Motorola Solutions Inc. - Business segments
              • Exhibit 152: Motorola Solutions Inc. - Key offerings
              • Exhibit 153: Motorola Solutions Inc. - Segment focus
            • 12.12 Moxa Inc.
              • Exhibit 154: Moxa Inc. - Overview
              • Exhibit 155: Moxa Inc. - Product / Service
              • Exhibit 156: Moxa Inc. - Key offerings
            • 12.13 Schneider Electric SE
              • Exhibit 157: Schneider Electric SE - Overview
              • Exhibit 158: Schneider Electric SE - Business segments
              • Exhibit 159: Schneider Electric SE - Key news
              • Exhibit 160: Schneider Electric SE - Key offerings
              • Exhibit 161: Schneider Electric SE - Segment focus
            • 12.14 Schweitzer Engineering Laboratories Inc.
              • Exhibit 162: Schweitzer Engineering Laboratories Inc. - Overview
              • Exhibit 163: Schweitzer Engineering Laboratories Inc. - Product / Service
              • Exhibit 164: Schweitzer Engineering Laboratories Inc. - Key offerings
            • 12.15 Siemens AG
              • Exhibit 165: Siemens AG - Overview
              • Exhibit 166: Siemens AG - Business segments
              • Exhibit 167: Siemens AG - Key news
              • Exhibit 168: Siemens AG - Key offerings
              • Exhibit 169: Siemens AG - Segment focus
            • 12.16 WAGO GmbH and Co. KG
              • Exhibit 170: WAGO GmbH and Co. KG - Overview
              • Exhibit 171: WAGO GmbH and Co. KG - Product / Service
              • Exhibit 172: WAGO GmbH and Co. KG - Key offerings
            • 12.17 Yokogawa Electric Corp.
              • Exhibit 173: Yokogawa Electric Corp. - Overview
              • Exhibit 174: Yokogawa Electric Corp. - Business segments
              • Exhibit 175: Yokogawa Electric Corp. - Key offerings
              • Exhibit 176: Yokogawa Electric Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 177: Inclusions checklist
                • Exhibit 178: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 179: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 180: Research methodology
                • Exhibit 181: Validation techniques employed for market sizing
                • Exhibit 182: Information sources
              • 13.5 List of abbreviations
                • Exhibit 183: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              remote terminal unit (rtu) in smart grid market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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