Remote Terminal Unit (RTU) in Smart Grids - Global Strategic Business Report

Global Remote Terminal Unit (RTU) in Smart Grids Market to Reach $387.7 Million by 2030

The global market for Remote Terminal Unit (RTU) in Smart Grids estimated at US$273.1 Million in the year 2022, is projected to reach a revised size of US$387.7 Million by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030.

The U.S. Market is Estimated at $80.6 Million, While China is Forecast to Grow at 4.2% CAGR

The Remote Terminal Unit (RTU) in Smart Grids market in the U.S. is estimated at US$80.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$68.1 Million by the year 2030 trailing a CAGR of 4.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Select Competitors (Total 46 Featured) -

• Applied Systems Engineering, Inc.
• General Electric Company
• Honeywell International, Inc.
• Schweitzer Engineering Laboratories, Inc.
• Siemens AG

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