Ring main unit (RMU) is used in a secondary distribution system. It is basically used for an uninterrupted supply of power. It is used for medium voltage distribution in compact substations, small buildings, residential housing complex etc. Rapid urbanization and smart city initiatives are driving the demand of ring main unit market. The global ring main unit market is projected to grow at a CAGR of 8.4% from 2017 to 2023, to reach the market size of USD 2.65 billion by 2023.
The key players of global ring main unit market are
- ABB Ltd. (Switzerland),
- Schneider Electric SE (France),
- Eaton Corporation,
- PLC (Ireland),
- Siemens AG (Germany),
- General Electric Company (U.S.),
- Lucy Electric Limited (U.K.),
- L&T (India),
- Yokogawa Electric Corporation (Japan),
- SwitchGear Company (Belgium)
- EPE Switchgear (M)
- Sdn. Bhd. (Malaysia).
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Market Research Analysis
On the basis of regions, the global ring main unit market is segmented as North America, Europe, Asia-Pacific and RoW. Asia-Pacific region dominates the ring main unit market. The demand of ring main unit market in Asia-Pacific region is driven by rapid growth in industrialization, urbanization, and construction & infrastructure activities as well as it is driven by the growing renewable sector in the region.
Europe and North America is also expected to contribute significantly to the global ring main unit market. Upgradation of existing power infrastructure network is driving the demand of ring main unit in these regions.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Ring Main Unit Market Research Report – Forecast to 2023”
Scope of the Report
This study provides an overview of the global ring main unit market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global ring main unit market as type, installation, and application.
- By Type
- Oil Insulated,
- Gas Insulated
- Air Insulated
- Solid Dielectric
- By Installation
- By Application
- Distribution Utilities
Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Ring Main Unit Market, By Type
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List of Tables
Table 1 Global Ring Main Unit Market, By Type
Table 2 Global Ring Main Unit Market, By Installation
Table 3 Global Ring Main Unit Market, By Application
Table 4 Global Ring Main Unit Market, By Regions
Table 5 North America Ring Main Unit Market, By Country
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