New Analysis from Global Industry Analysts Reveals Steady Growth for Remote Terminal Unit (RTU) in Smart grid , with the Market to Reach $318.7 Million Worldwide by 2026

SAN FRANCISCO, Oct. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Remote Terminal Unit (RTU) in Smart grid - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 5; Released: April 2021
Executive Pool: 18351
Companies: 46 - Players covered include ABB Group; General Electric Company; Honeywell International, Inc.; Schneider Electric SA; Schweitzer Engineering Laboratories; Siemens AG; TOP RANK, INC and Others.
Coverage: All major geographies and key segments
Segments: Segment (Remote Terminal Unit (RTU) in Smart grid)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Remote Terminal Unit (RTU) in Smart grid Market to Reach $318.7 Million by 2026
Amid the COVID-19 crisis, the global market for Remote Terminal Unit (RTU) in Smart grid estimated at US$243.1 Million in the year 2020, is projected to reach a revised size of US$318.7 Million by 2026, growing at a CAGR of 4.5% over the analysis period.

The U.S. Market is Estimated at $75.6 Million in 2021, While China is Forecast to Reach $56.7 Million by 2026
The Remote Terminal Unit (RTU) in Smart grid market in the U.S. is estimated at US$75.6 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$56.7 Million by the year 2026 trailing a CAGR of 4.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 3.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.