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Global Industrial Remote Terminal Unit (RTU) Market 2017-2021

Global Industrial Remote Terminal Unit (RTU) Market 2017-2021

About Industrial Remote Terminal Unit (RTU)

An industrial RTU monitors physical objects, such as oil wells and pipelines, and interfaces with the control system. It collects information regularly from the master device and implements processes that are directed by the master. In remote applications, it helps in regular and accurate diagnosis and reduces the influence of manpower. The global industrial RTU market is currently driven by the growing pipeline and terminal projects in the US and Asia. The other driving factor that will influence the market in the forecast period is the integration of cloud and RTUs in the oil and gas, water and wastewater, and power generation industries.

Technavio’s analysts forecast the global industrial remote terminal unit (RTU) market to grow at a CAGR of 7.28% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial remote terminal unit (RTU) market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial Remote Terminal Unit (RTU) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Emerson
  • Honeywell
  • Schneider Electric
  • Siemens
  • Yokogawa
Other prominent vendors
  • ABB
  • Advantech
  • ARTECHE
  • Rockwell Automation
  • Schweitzer Engineering Laboratories
Market driver
  • Increase in sales and revenue with the support of e-commerce
  • For a full, detailed list, view our report
Market challenge
  • Excessive cost of installation and maintenance services
  • For a full, detailed list, view our report
Market trend
  • Increasing integration of IoT
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Technavio Announces the Publication of its Research Report – Global Industrial Remote Terminal Unit (RTU) Market 2017-2021

Technavio recognizes the following companies as the key players in the global industrial remote terminal unit (RTU) market: Emerson, Honeywell, Schneider Electric, Siemens, and Yokogawa.

Other Prominent Vendors in the market are: ABB, Advantech, ARTECHE, Rockwell Automation, and Schweitzer Engineering Laboratories.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing integration of IoT. The global industrial RTU market is growing with the adoption of IoT. The deployment of IoT in remote operational plants for oil and gas and power generation helps the end-users in utilizing industrial RTUs. The adoption of IoT in remote monitoring provides opportunities to end-users for improving productivity in industrial operations. The development in automation technology associated with IoT helps in anticipating failures in advance and saves energy, production, and operational cost. The integration of IoT and industrial RTU helps the end-users in reducing costs, based on on-site inspection.”

According to the report, one of the major drivers for this market is Increase in sales and revenue with the support of e-commerce. End-user industries are buying industrial RTUs through an online platform, which is driving the sales in the competitive global industrial RTU market. The growth in sales through e-commerce by the small and medium enterprises (SMEs) as well as big organizations has impacted the global industrial RTU market positively. The increase in sales with the support of prominent online platforms, such as Alibaba and others, has provided a big entry for end-users from developing economies to choose their products depending on their requirements in the global market.

Further, the report states that one of the major factors hindering the growth of this market is Excessive cost of installation and maintenance services. The industrial RTU market is highly fragmented, with maximum competition. The vendors develop superior quality industrial RTU products for remote monitoring applications, depending on the end-user industry. The adoption of SCADA systems and industrial RTUs is witnessing a slow growth trend in some of the developing economies due to the excessive cost of installation and maintenance services. The installation and services for industrial RTUs in remote operations require high initial investments, as these products are manufactured to work in harsh environment and provide data about machinery and industrial operations.

Companies Mentioned

Emerson, Honeywell, Schneider Electric, Siemens, Yokogawa, ABB, Advantech, ARTECHE, Rockwell Automation, and Schweitzer Engineering Laboratories.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table US pipeline projects
      • Table SCADA system
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Global SCADA market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing - 2016
    • Market size and forecast 2016-2021
      • Table Global Industrial RTU Market size and forecast 2016-2021 ($ bn)
      • Table Global installed capacity (% growth based on gigawatts)
      • Table Global Industrial RTU Market - Year over year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis 2016
  • Market segmentation by product
    • Wireless industrial RTU
    • Wired industrial RTU
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2016-2021 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Oil and gas industry - Market size and forecast 2016-2021
      • Table Oil and gas industry - Market size and forecast 2016-2021 ($ bn)
      • Table Oil and gas industry - Year over year growth 2017-2021 (%)
    • Power generation industry - Market size and forecast 2016-2021
      • Table Power generation industry - Market size and forecast 2016-2021 ($ bn)
      • Table Wind farm projects
      • Table Power generation industry - Year over year growth 2017-2021 (%)
    • Chemical and petrochemical industry - Market size and forecast 2016-2021
      • Table Chemical and petrochemical industry - Market size and forecast 2016-2021 ($ bn)
      • Table Chemical and petrochemical industry - Year over year growth 2017-2021 (%)
    • Water and wastewater industry - Market size and forecast 2016-2021
      • Table Water and wastewater industry - Market size and forecast 2016-2021 ($ bn)
      • Table Water and wastewater industry - Year over year growth 2017-2021 (%)
    • Others - Market size and forecast 2016-2021
      • Table Others - Market size and forecast 2016-2021 ($ bn)
      • Table Others - Year over year growth 2017-2021 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global industrial RTU market - Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2016-2021
      • Table EMEA - Market size and forecast 2016-2021 ($ bn)
      • Table EMEA - Year over year growth 2017-2021 (%)
      • Table Top 3 countries in EMEA
    • Americas - Market size and forecast 2016-2021
      • Table Americas - Market size and forecast 2016-2021 ($ bn)
      • Table Americas - Year over year growth 2017-2021 (%)
      • Table Top 3 countries in Americas
    • APAC - Market size and forecast 2016-2021
      • Table APAC - Market size and forecast 2016-2021 ($ bn)
      • Table APAC - Year over year growth 2017-2021 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity by geography
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Recent investments for pipelines and terminals
    • Market challenges
  • Market trends
    • Increasing integration of IoT
    • Aging industrial assets in process industries
    • High growth potential in emerging economies
  • Vendor landscape
    • Competitive scenario
  • Vendor analysis
    • Vendor overview
    • Emerson
      • Table Emerson: Product segments
      • Table Emerson: Product portfolio
    • Honeywell
      • Table Honeywell: Product segments
      • Table Honeywell: Product portfolio
    • Schneider Electric
      • Table Schneider Electric: Product segments
      • Table Schneider Electric: Product portfolio
    • Siemens
      • Table Siemens: Product segments
      • Table Siemens: Product portfolio
    • Yokogawa
      • Table Yokogawa: Product segments
      • Table Yokogawa: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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