LONDON--(BUSINESS WIRE)--In 2009, the world remote terminal units (RTU) market was estimated to be worth $500 million, and looks likely to achieve slow growth of around 2.04% p/a until 2015, according to a new research report available on companiesandmarkets.com. The technology has been in use for over thirty years and the US and European markets have almost reached maturity.
Remote Terminal Units in Smart Grid - Market Analysis and Forecasts
to 2015
http://www.companiesandmarkets.com/Market-Report/remote-terminal-units-in-smart-grid-market-analysis-and-forecasts-to-2015-619812.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2
Countries such as Malaysia and Indonesia which operate inefficient or underdeveloped power distribution infrastructure are likely to represent highest growth within the remote terminal units market. One example is Indonesia, where demand is expected to increase by around 20% over the reporting period. Other Asian countries are also nearing saturation, but those regions where the governments have initiated upgrade and power grid expansion plans are likely to drive the RTU market forward for some time.
In Asian countries the RTU market is dominated by regional manufacturers, rather than multi-nationals. Local businesses in Malaysia (e.g., Foxboro, Micosol, TopRank, and Prestigious Discovery) hold 70% of the remote terminal market, with ABB Ltd responsible for the remaining 30%. In Indonesia the locally controlled RTU industry figure is somewhat less, at around 40%. Other companies referenced in the report entitled: Remote Terminal Units in Smart Grid - Market Analysis and Forecasts to 2015 include General Electric Company, Siemens AG, Schweitzer Engineering Laboratories, Inc and Telvent GIT, S.A.
The 50 page remote terminal units in smart grid market report published in June 2011 enables the reader to understand the global remote terminal unit market landscape, with a particular focus on the Canada, Indonesia, Malaysia, Mexico and the US. Historic and forecast data is provided between 2009-2015, split by geographic region. The report discusses trends, market barriers/drivers, pricing, technology, industry players and comparisons, and many other market influencing factors.