Dallas, Texas (PRWEB) August 03, 2014
One of the emerging tendencies that the market is likely to experience is the increasing investment in the RTUs in Smart Grids market. The increasing need for reliable and accurate data in the Power industry is enabling power utilities and vendors to invest in technologies, which can increase the accuracy of the data collection within a specific time period.
According to the “Global Remote Terminal Unit (RTU) in Smart grid Market 2014-2018” report, one of the major drivers of the market is the need for better situation awareness. The need for a reliable power supply and communication system has forced several countries to invest significantly to develop an efficient power infrastructure, which increases the replacement activity in many countries.
The Global RTU in Smart Grid market can be divided on the basis of application into three segments: Generation, Transmission, and Distribution.
The Global RTU in Smart Grid Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global RTU in Smart Grid market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The report recognizes the following companies as the key players in the Global Remote Terminal Units (RTUs) in Smart Grids Market: ABB Group, General Electric Co., Schneider Electric Co., and Siemens AG.
Other Prominent Vendors in the market are: Invensys, Iskra Sistemi, Prestigious Discovery Sdn Bhd, PT., Arliscoputra Hantama, Schweitzer Engineering Laboratories, and Top Rank.
Key Market Driver
- Need for Better Situational Awareness
Key Market Challenge
- RTUs Being Replaced by PLCs and IEDs
Key Market Trend
- Investment in RTUs in Smart Grids
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Further, the report states that the market is gradually being replaced by Programmable Logic Controllers (PLCs) and Intelligent Electronic Device (IEDs), which is posing a significant threat to the market vendors. Devices such as IEDs and PLCs are more cost-effective in providing and collecting data than RTUs as a limited number of devices are installed in the case of the former.
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market Segmentation by Application
07.1 Global RTU in Smart Grid Market by Application 2013
07.2 Global RTU in Smart Grid Market Segmentation by Type 2018
07.3 Global RTU in Smart Grid Market by Distribution Sector
07.3.1 Market Size and Forecast
07.4 Global RTU in Smart Grid Market by Generation Sector
07.4.1 Market Size and Forecast
07.5 Global RTU in Smart Grid Market by Transmission Sector
07.5.1 Market Size and Forecast
08. Geographical Segmentation
08.1 Global RTU in Smart Grid Market by Geographical Segmentation 2013-2018
08.2 RTU in Smart Grid Market in the APAC Region
08.2.1 Market Size and Forecast
08.3 RTU in Smart Grid Market in the Americas
08.3.1 Market Size and Forecast
08.4 RTU in Smart Grid Market in the EMEA Region
08.4.1 Market Size and Forecast
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
List of Exhibits
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