Enjoy complimentary customisation on priority with our Enterprise License!
The Industrial Remote Terminal Unit (RTU) market size is forecast to increase by USD 83.8 million, at a CAGR of 6.7% between 2023 and 2028. The Industrial Remote Terminal Unit (RTU) market is experiencing significant growth due to several key trends. Firstly, the rising popularity of modular RTUs is driving market expansion, as these units offer increased flexibility and ease of installation. Secondly, the application of RTUs in smart city expansion is a major growth factor, as these units enable efficient management and monitoring of various city infrastructure systems. However, challenges persist in the form of deployment and communication reliability issues. Ensuring the reliability of RTU communication networks is crucial for maintaining the integrity of industrial processes and preventing potential downtime. As such, advancements in communication technologies and network security are essential for addressing these challenges and driving market growth.
Request Free Industrial Remote Terminal Unit (Rtu) Market in Southeast Asia Sample
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The wireless industrial RTU segment is estimated to witness significant growth during the forecast period. The Industrial Remote Terminal Unit (RTU) market consists of microprocessor-controlled electronic devices that are integral components of distributed control systems. These units facilitate remote monitoring and automation of various industrial processes, including those in the oil and gas sector, such as offshore platforms and onshore oil wells, as well as pump stations, wastewater collection, and environmental monitoring for pollution control.
Get a glance at the market share of various regions Download the PDF Sample
The wireless industrial RTU segment was valued at USD 98.40 million in 2018. The Industrial Remote Terminal Unit (RTU) market is witnessing significant growth due to the increasing adoption of advanced monitoring technologies in various industries. RTUs play a crucial role in collecting and transmitting sensor signals and digital signals from electrical devices in industrial automation applications. These units facilitate real-time monitoring and control of critical infrastructure, enhancing operational efficiency and ensuring optimal performance. The integration of digital communication protocols, such as Modbus and DNP3, in RTUs further enables seamless data exchange between devices and control systems, fostering market expansion.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Technavio provides the ranking index for the top 20 companies along with insights on the market positioning of:
Explore our company rankings and market positioning Request Free Sample
Market structure |
Fragmented |
YoY growth 2023-2024 |
6.2 |
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The rising popularity of modular RTUs is notably driving market growth. The Industrial Remote Terminal Unit (RTU) market in Southeast Asia is witnessing notable growth due to the rising preference for microprocessor-controlled, electronic devices in distributed control systems. These RTUs, which are integral components of Supervisory Control and Data Acquisition (SCADA) systems, play a crucial role in remote monitoring and automation of various industrial processes. The oil and gas sector, including offshore platforms and onshore oil wells, as well as pump stations, is a significant end-user of RTUs. These units are also extensively used in wastewater collection, environmental monitoring for pollution control, and emissions monitoring. Moreover, they find applications in mine sites, air traffic equipment, hydro-graphic surveys, electrical power transmission, natural gas networks, outdoor warning sirens, and the Biosphere II project. Key industries such as power generation, wastewater collection, and economic, political, and social landscapes influence the economic growth of the Industrial RTU market. The increasing demand for automation, control systems, infrastructure upgrades, grid efficiency, and improvements in voltage levels are key factors driving the market. The Industrial RTU market in Southeast Asia offers two primary deployment types: wired and wireless. Prominent vendors include key manufacturers catering to various sectors. The power generation industry, in particular, is a significant consumer of Industrial RTUs due to the need for real-time monitoring and control of power plants.
Data security is a critical concern in the Industrial RTU market, with the increasing threat of cyber-attacks. Ensuring secure data transmission and protection is essential for maintaining the integrity of industrial processes and preventing potential disruptions. In conclusion, the Industrial RTU market in Southeast Asia is experiencing strong growth due to the increasing demand for efficient, adaptable, and secure automation solutions. These units play a vital role in various industries, including oil and gas, power generation, and wastewater collection, among others. The market is expected to continue growing, driven by technological advancements, infrastructure upgrades, and the need for improved grid efficiency and environmental monitoring. Thus, such factors are driving the growth of the market during the forecast period.
The application of RTUs in smart city expansion is the key trend in the market. The Industrial Remote Terminal Unit (RTU) market in Southeast Asia is experiencing notable growth due to the proliferation of smart city development in the region. One notable example is the construction of Indonesia's new capital, Nusantara, which commenced in May 2024. This ambitious project underscores the importance of digital transformation in modern urban planning, emphasizing the need for strong infrastructure and advanced technology integration. Nusantara, designed as the world's first smart forest city, highlights the escalating demand for RTUs in managing and monitoring urban infrastructure. The Indonesian government's decision to relocate the capital from Jakarta to a new site on Borneo Island involves the creation of a city that prioritizes digitalization, sustainability, resilience, and inclusion. Microprocessor-controlled electronic devices, such as RTUs, play a crucial role in distributed control systems, including SCADA, telemetry data collection, and remote monitoring. These systems are essential for managing various infrastructures, such as oil and gas production in offshore platforms and onshore oil wells, pump stations, wastewater collection, environmental monitoring, pollution control, air quality and emissions monitoring, mine sites, air traffic equipment, hydro-graphic surveys, electrical power transmission, natural gas networks, outdoor warning sirens, and the Power Generation Industry. Key manufacturers in the RTU market include those offering both Wireless and Wired Industrial RTUs. The economic, political, and social landscapes of Southeast Asia, along with the necessity for data security, automation, control systems, infrastructure upgrades, grid efficiency, voltage levels, and deployment types, contribute to the power sector's increasing demand for advanced RTUs. Thus, such trends will shape the growth of the market during the forecast period.
Deployment and communication reliability issues of RTUs is the major challenge that affects the growth of the market. Industrial Remote Terminal Units (RTUs) are microprocessor-controlled electronic devices that play a crucial role in distributed control systems, particularly in industries such as oil and gas, offshore platforms, onshore oil wells, pump stations, wastewater collection, environmental monitoring, pollution control, air quality, emissions monitoring, mine sites, air traffic equipment, hydro-graphic surveys, electrical power transmission, natural gas networks, and outdoor warning sirens. RTUs facilitate remote monitoring and automation of various industrial processes, transmitting telemetry data to master systems and SCADA systems for real-time analysis and control. Deploying RTUs in industrial operations poses challenges, particularly in ensuring reliable communication in remote or harsh environments. Wireless communication can be compromised by physical obstructions, weather conditions, and electromagnetic interference, leading to data transmission delays or losses. Power management is another significant challenge, with RTUs in remote locations often relying on battery power or solar energy. Ensuring a mighty communication infrastructure and reliable power sources necessitates substantial investment and ongoing maintenance. Prominent vendors in the RTU market include key manufacturers catering to the power generation industry, economic landscape, political landscape, social landscape, data security, automation, control systems, infrastructure upgrades, grid efficiency, voltage levels, and deployment types. The power sector, in particular, benefits from the deployment of RTUs, enhancing grid efficiency and optimizing power generation and distribution. Deployment types include wired and wireless industrial RTUs, each with its advantages and limitations. Regardless of the deployment type, ensuring a reliable communication infrastructure and power management remains essential for optimal industrial operations. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
The industrial Remote Terminal Unit (RTU) market is witnessing significant growth due to the increasing adoption of microprocessor-controlled electronic devices in various industries. RTUs play a crucial role in distributed control systems (DCS), Supervisory Control and Data Acquisition (SCADA) systems, and remote monitoring applications. The oil and gas sector, including offshore platforms and onshore oil wells, pump stations, and wastewater collection, is a prominent consumer of RTUs for telemetry data acquisition and transmission. RTUs find extensive applications in environmental monitoring for pollution control, air quality, and emissions monitoring in industries such as mine sites, air traffic equipment, hydro-graphic surveys, and electrical power transmission networks. The power generation industry, natural gas networks, and outdoor warning sirens are other significant end-users of RTUs. Key manufacturers focus on developing both wired and wireless industrial RTUs to cater to diverse deployment types and infrastructure upgrades. The economic, political, and social landscapes influence the market's growth, with data security and automation being critical factors driving the demand for advanced control systems. The power sector's focus on grid efficiency, voltage levels, and infrastructure upgrades further boosts the market's expansion.
Market Scope |
|
Report Coverage |
Details |
Page number |
201 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.7% |
Market growth 2024-2028 |
USD 83.8 million |
Regional analysis |
Southeast Asia |
Performing market contribution |
Southeast Asia at 100% |
Key countries |
Singapore, Thailand, Malaysia, Indonesia, and Rest of Southeast Asia |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ABB, Advantech Co. Ltd., Beckhoff Automation, Brodersen Systems AS, Delta Electronics Inc., Emerson Electric Co., General Electric Co., Hitachi Energy Ltd., Hollysys Automation Technologies Ltd., Honeywell International Inc., ICP DAS CO. LTD., Kalki Communication Technologies Pvt. Ltd., Mitsubishi Electric Corp., Phoenix Contact GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Terma AS, Toshiba Corp., and Yokogawa Electric Corp. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, AI impact on market trends, COVID -19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Additional Value/Volume Data
8 Five Forces Analysis
9 Market Segmentation by Product
10 Market Segmentation by End-user
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.