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.
Ring main unit (RMU) is used in a secondary distribution system. It is
basically used for uninterrupted supply of power. It is used for medium voltage
distribution in compact substations, small buildings, residential housing
complex etc. Rising investment in smart
grid projects and commissioning of restructuring and expansion projects are
driving the demand of ring main unit market. A detailed analysis report of COVID-19
impact on Ring Main Unit (RMU) Market is provided with the report.
Leading Players
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) and EPE
Switchgear (M) Sdn. Bhd. (Malaysia).
Global Ring Main
Unit Industry Segmentation
The report has been analyzed based on types,
installation, applications, and regions.
On the basis of applications, the global ring main
unit market is segmented into distribution utilities, industrial and
commercial. Distribution utilities dominate the application segment of the
global ring main unit market. To meet the growing power demand, investments in
the power sector are increasing, which ultimately drives the demand of ring
main unit market.
On the basis of installation, global ring main unit
market is segmented as indoor and outdoor, out of which, outdoor dominates the
installation segment of global ring main unit market mainly due to increasing
its usage in underground installations, power grids, and mining.
On the basis of types, global ring main unit market is
segmented into oil insulated, gas insulated, air insulated and solid
dielectric. Out of them, gas insulated ring main unit dominates the type
segment of global ring main unit market. Ring main unit is increasingly finding
its applications in underground installations, power grids, mining and others.
Additionally, it requires less space as well as it has better functionality
compared to other ring main units. Whereas, oil insulated ring main units are
ideal for rural and industrial settings.
Scope of the Report
This research report provides insights, on various
levels of analysis such as industry analysis, market share analysis leading
market players and their profiles. This report also helps in studying the
target segments by providing views on emerging & high-growth segments and
market conclusion. Together the market data comprise and discuss with the basic
assessments on the competitive scenarios & strategies, of the Ring main
unit market, including the high-growth regions, countries and their political,
economic and technological environments. Furthermore the project report also provides
the views over the historical market values as well as, pricing and cost
analysis of the same.
Table Of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
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
4.1 Oil Insulated
4.2 Gas Insulated
4.3 Air Insulated
4.4 Solid Dielectric
5 Global Ring Main Unit Market, By Installation
5.1 Introduction
5.2 Indoor
5.3 Outdoor
6 Global Ring Main Unit Market, By Application
6.1 Introduction
6.2 Distribution Utilities
6.3 Industrial
6.4 Commercial
Continued…..
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