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A remote terminal unit is a microprocessor-based device, connected to process equipments, transmitters or sensors, for the purpose of remote telemetry and control. RTUs with the aid of appropriate sensors, monitor the status of the process via digital and analogue inputs. They provide control outputs to switch plant such as circuit breakers and tap changers. <br><br>Read more : https://www.tmrresearch.com/remote-terminal-units-market<br><br>Get Brochure : https://www.tmrresearch.com/sample/sample?flag=B&rep_id=230
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Remote Terminal Units Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021-2031 TMRResearch www.tmrresearch.com
Remote Terminal Units Market 1 MARKETOVERVIEW • A remote terminal unit is a microprocessor-based device, connected to process equipments, transmitters or sensors, for the purpose of remote telemetry and control. • RTUs with the aid of appropriate sensors, monitor the status of the process via digital and analogue inputs. They provide control outputs to switch plant such as circuit breakers and tap changers. • In the oil and gas industry, during the drilling process, RTUs are used to transmit drilling mechanics, and rock formation information up-hole, in real time. TMRResearch www.tmrresearch.com
Remote Terminal Units Market 2 COMPREHENSIVE OVERVIEW • The advent of improved technology for process monitoring and data transmission has dominated the market drivers for remote terminal units. • With improved SCADA (Supervisory Control and Data Acquisition) regulations by various governments across the globe, and increased threat of data security, organizations are now looking at the latest technologies for remote terminal units. • Developing markets and new drilling areas also contribute to the growth of the RTU market for oil and gas sectors. Despite the growth factors, the industry does face a few challenges. TMRResearch www.tmrresearch.com
Remote Terminal Units Market 3 KEY COMPANIES • Key players in the Global Remote Terminal Units Market include • TopRank Corporation Sdn. Bhd. • ABB Ltd. • Schneider Electric SE • Siemens AG • General Electric Company • Schweitzer Engineering Laboratories Inc. TMRResearch www.tmrresearch.com
Remote Terminal Units Market 4 REGIONAL OUTLOOK • Geographically, the remote terminal units market is currently concentrated in the Asia Pacific region due to initiation of major oil exploration projects as well as power grid expansion in India, China, Malaysia, and Indonesia. • In the Rest of the World, the Middle East, Africa, and Latin America is also witnessing a similar trend. • Whereas, the European and North American regions are expected to see a significant decline in the demand of RTUs, as the market already has a well-established SCADA network. TMRResearch www.tmrresearch.com
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