Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- A remote terminal unit is a control device that helps the master device (SCADA) monitor and communicate with grid devices placed across different geographical locations. They can be used in a wide variety of electrical and process automation devices where SCADA is required to monitor and control equipment. RTUs are used to collect data from equipment in the field and to transmit commands back from the master device (SCADA). This can be done through wired connections (telephone lines, cables, Ethernet) or wireless connections. The data is sent to the operator in real time so that they are aware of the situation and can carry out any necessary changes to the grid.
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RTUs are used in substations to increase automation, leading to optimal distribution of power and correction of any anomalies that can result in loss of power during transmission and distribution, reduction in damage to equipment, and improvement in quality and reliability. RTUs can be used to monitor and control water treatment and distribution plants, power transmission and distribution, and oil and gas pipelines. Global remote terminal unit (RTU) in smart grid market to grow at a CAGR of 5.18% over the period 2014-2019.
The report covers the current scenario and the growth prospects of the global remote terminal unit (RTU) in smart grid market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through sales of various RTU products used in smart grids in sectors such as:
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Global Remote Terminal Unit (RTU) in Smart grid Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC. It also covers the landscape of the global remote terminal unit (RTU) in smart grid market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
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Key questions answered in this report
- What will the market size be in 2019 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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