Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Industrial Remote Terminal Unit market in this environment.
In terms of revenue, this research report indicated that the global Industrial Remote Terminal Unit market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Industrial Remote Terminal Unit industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ????Emerson aims at producing XX Industrial Remote Terminal Unit in 2020, with XX % production to take place in global market, ????Honeywell accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Industrial Remote Terminal Unit Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Industrial Remote Terminal Unit Market?
Emerson
Honeywell
Schneider Electric
Siemens
Yokogawa
ABB
Advantech
ARTECHE
Rockwell Automation
Schweitzer Engineering Laboratories
...
Major Type of Industrial Remote Terminal Unit Covered in XYZResearch report:
Wireless industrial RTU
Wired industrial RTU
Application Segments Covered in XYZResearch Market
Oil and gas industry
Chemical and petrochemical industry
Power generation industry
Water and wastewater industry
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Industrial Remote Terminal Unit Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Wireless industrial RTU -Product Introduction and Major Manufacturers
1.1.2 Wired industrial RTU -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Industrial Remote Terminal Unit Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Industrial Remote Terminal Unit Market
3.1.1 Top Companies leading Industrial Remote Terminal Unit Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Industrial Remote Terminal Unit Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Industrial Remote Terminal Unit Market
3.2.1 Top Companies leading Industrial Remote Terminal Unit Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Industrial Remote Terminal Unit Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Industrial Remote Terminal Unit Market
3.3.1 Top Companies leading Industrial Remote Terminal Unit Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Industrial Remote Terminal Unit Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Industrial Remote Terminal Unit Market
3.4.1 Top Companies leading Industrial Remote Terminal Unit Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Industrial Remote Terminal Unit Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Industrial Remote Terminal Unit Market
3.5.1 Top Companies leading Industrial Remote Terminal Unit Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Industrial Remote Terminal Unit Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Industrial Remote Terminal Unit Market
3.6.1 Top Companies leading Industrial Remote Terminal Unit Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Industrial Remote Terminal Unit Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Industrial Remote Terminal Unit Market
3.7.1 Top Companies leading Industrial Remote Terminal Unit Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Industrial Remote Terminal Unit Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Industrial Remote Terminal Unit Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Industrial Remote Terminal Unit Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Industrial Remote Terminal Unit Sales and Growth Rate (2021-2026)
5.2 Global Industrial Remote Terminal Unit Sales Value and Growth Rate (2021-2026)
6 Industrial Remote Terminal Unit Competitive Analysis
6.1 Emerson
6.1.1 Emerson Company Profiles
6.1.2 Emerson Product Introduction
6.1.3 Emerson Industrial Remote Terminal Unit Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Honeywell
6.2.1 Honeywell Company Profiles
6.2.2 Honeywell Product Introduction
6.2.3 Honeywell Industrial Remote Terminal Unit Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Schneider Electric
6.3.1 Schneider Electric Company Profiles
6.3.2 Schneider Electric Product Introduction
6.3.3 Schneider Electric Industrial Remote Terminal Unit Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Siemens
6.4.1 Siemens Company Profiles
6.4.2 Siemens Product Introduction
6.4.3 Siemens Industrial Remote Terminal Unit Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Yokogawa
6.5.1 Yokogawa Company Profiles
6.5.2 Yokogawa Product Introduction
6.5.3 Yokogawa Industrial Remote Terminal Unit Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 ABB
6.6.1 ABB Company Profiles
6.6.2 ABB Product Introduction
6.6.3 ABB Industrial Remote Terminal Unit Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Advantech
6.7.1 Advantech Company Profiles
6.7.2 Advantech Product Introduction
6.7.3 Advantech Industrial Remote Terminal Unit Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 ARTECHE
6.8.1 ARTECHE Company Profiles
6.8.2 ARTECHE Product Introduction
6.8.3 ARTECHE Industrial Remote Terminal Unit Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Rockwell Automation
6.9.1 Rockwell Automation Company Profiles
6.9.2 Rockwell Automation Product Introduction
6.9.3 Rockwell Automation Industrial Remote Terminal Unit Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Schweitzer Engineering Laboratories
6.10.1 Schweitzer Engineering Laboratories Company Profiles
6.10.2 Schweitzer Engineering Laboratories Product Introduction
6.10.3 Schweitzer Engineering Laboratories Industrial Remote Terminal Unit Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
7 Conclusion
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