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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Global Remote Terminal Unit (RTU) in Smart grid Market to Reach $318.7 Million by 2026Amid 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 2026The 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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