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.
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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