Newsroom / Industry / Industry / Remote Terminal Units in Smart Grid – Market Analysis and Forecasts to 2015

Remote Terminal Units in Smart Grid – Market Analysis and Forecasts to 2015

The Remote Terminal Units Market to Grow at a Lower Rate in the Next Five Years
Hyderabad, AP, India ( 31/05/2011
The global market for remote terminal units will grow at a slow rate in the next few years until 2015. The global market for remote terminal units (RTU) is nearing saturation as the deployment of RTUs has been going on since 1970s. This leaves little scope for growth in the North American and European power markets. The Asian nations are expected to play a key role in the coming years for the global RTU market as they undertake major drive to remove inefficiency in their power infrastructure and expand it to increase capacity. The global market for RTUs is valued around $500m in 2009 and is expected to grow at a compound annual growth rate (CAGR) of 2.04% until 2015.

A significant number of Asian nations face a massive power supply-demand gap. The inadequacy has
adversely affected the growth prospect of these nations. This has led the governments of these nations to come up with specific policy measures to upgrade and expand their power grids. As a result, global
market for remote terminal units is close to saturation, but some countries are expected to witness a high growth rate for Remote Terminal Units, like Indonesia with 20%.

For Sample Pages, please click or add the below link to your browser:

In Asian countries like Malaysia and Indonesia, local manufacturers have dominance over global players
in the national markets. In Malaysia the local players like Top Rank, Foxboro, Prestigious Discovery and
Micosol have acquired the majority of the market. Combined, these companies have acquired more than 70% of the market share. The rest of the market is covered by ABB Ltd. In Indonesia, companies like Top Rank, Iskra, and Arlisco enjoy a combined market share of more than 40%.

The prices of RTUs do not vary with region or country. The prices are expected to remain constant until
2012, after which a minor increase of 4-5% is expected to take place. This minimal change in price can be explained by the fact that the global market for RTU is dominated by a select few players and the market itself is near to saturation. In such a scenario, minimal price increases happen due to some technology advancement.

GlobalData’s latest report “Remote Terminal Units in Smart Grid - Market Analysis and Forecasts to
2015” provides the analysis of market developments in the global Remote Terminal Units’ industry. The
report provides information related to market sizing, market analysis, and competitive landscape analysis for the global RTU industry at the global level and by countries that are considered as key markets for RTUs. The report provides a descriptive overview of remote terminal unit technology and its importance in power system. The report describes the key drivers and restraints impacting the market for RTUs and pricing dynamics. The report assesses the competitive scenario in the Remote Terminal Units’ industry and provides analytics, such as market share analysis of key players.

This report is built using data and information sourced from proprietary databases, primary and secondary research and in house analysis by Global Markets Direct’s team of industry experts.

For further details, please click or add the below link to your browser:

Visit our report store:

For more details contact:
North America: +1 646 395 5477
Europe: +44 207 753 4299
+44 1204 543 533
Asia Pacific: +91 40 6616 6782


GlobalData is a global market intelligence services company providing information research and analysis products and services.


Rajesh Gunnam

e-park, hyderabad
Zipcode : 500050

Category :
Industry:Industry Subscribe to Industry Keywords :
Remote Terminal Units , Smart Grid