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.
According to the new market research report “Remote Terminal Unit (RTU) in Smart Grid – Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Remote Terminal Unit (RTU) in Smart Grid market size is projected to reach USD 0.09 billion by 2029, at a CAGR of 2.1% during the forecast period.
- Global Remote Terminal Unit (RTU) in Smart Grid MarketSize(US$ Million), 2018-2029
Source: QYResearch, “Remote Terminal Unit (RTU) in Smart Grid – Global Market Insights and Sales Trends 2024”
- Global Remote Terminal Unit (RTU) in Smart Grid Top12Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, “Remote Terminal Unit (RTU) in Smart Grid – Global Market Insights and Sales Trends 2024”
The global key manufacturers of Remote Terminal Unit (RTU) in Smart Grid include Hitachi Energy, Schneider Electric, Arteche, Siemens, Dongfang Electronics, Schweitzer Engineering, NR Electric Co, Iskra Sistemi, Motorola Solutions, Red Lion, etc. In 2022, the global top five players had a share approximately 57.0% in terms of revenue.
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