Global Ring Main Unit Market is Projected Reach Market Size of USD 2.65 Billion By 2023 add new report of “Ring Main Unit Market – Global Forecast to 2023” it contains Company information, geographical data and Market Analysis

Global Ring Main Unit Market Information by Type (Oil Insulated, Gas Insulated, Air Insulated and Solid Dielectric), by Installation (Indoor and Outdoor), Application (Distribution Utilities, Industrial and Commercial) and by Region – Forecast to 2023

Ring main unit (RMU) is used in a secondary distribution system. It is basically used for an uninterrupted power supply. It is used for medium voltage distribution in compact substations, small buildings, residential housing complex etc. Increase in demand of electricity across the globe, is the primary driving factor of ring main unit market. Additionally, rising demand for renewable energy is also fueling the demand of ring main unit (RMU). However, the cost of ring main units being higher than conventional switchgears is the restraining factor that may hamper the growth of global 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.

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Study Objectives of Global Ring Main Unit Market

  • To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global ring main unit market
  • To provide insights about factors affecting the market growth
  • To analyze the global ring main unit market based on various tools such as Price Analysis, Supply Chain Analysis, Porter’s Five Forces Analysis
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market segmented, by types, by installation, by applications, and by regions
  • To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the ring main unit market

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Asia-Pacific dominates the global ring main unit market followed by Europe. Rapid expansions in industrialization as well as the growing renewable sector in this region, increase the demand of ring main unit market. This region is expected to grow at the fastest pace during the forecast period. Europe is another important market and is expected to contribute significantly during the forecast period mainly due to upgrading the existing infrastructure.

Key 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)
  • EPE Switchgear (M) Sdn. Bhd. (Malaysia)

Target Audience

  • Manufacturing Organizations
  • Distributors & Suppliers
  • Environmental Associations
  • Government as well as Independent Regulatory Authorities
  • Research Institute / Education Institute
  • Potential Investors 

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The report for Global Ring Main Unit Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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

7       Regional Market Analysis

    7.1     Introduction

    7.2    North America

    7.2.1    U.S.

    7.2.2    Canada

    7.3    Europe

    7.3.1    U.K

    7.3.2    France

    7.3.3    Germany

    7.3.4    Spain

    7.3.5    Rest of Europe

    7.4    Asia-Pacific

    7.4.1    China

    7.4.2    Japan

    7.4.3    India

    7.4.4    Rest of Asia-Pacific

    7.5            Rest of the World  

8             Competitive Analysis

    8.1    Introduction

    8.2    Competitive Scenario

    8.2.1    Market Share Analysis

    8.2.2    Market Development Analysis

    8.2.3    Product/Service Benchmarking 

    8.3    ABB Ltd

    8.3.1    Overview

    8.3.2    Product/Service Offering

    8.3.3    Strategy

    8.4     Schneider Electric SE.

    8.4.1    Overview

    8.4.2    Product/Service Offering

    8.4.3    Strategy

    8.5    Eaton Corporation, PLC

    8.5.1    Overview

    8.5.2    Product/Service Offering

    8.5.3    Strategy

    8.6    Siemens AG

    8.6.1    Overview

    8.6.2    Product/Service Offering

    8.6.3    Strategy

    8.7    General Electric Company

    8.7.1    Overview

    8.7.2    Product/Service Offering

    8.7.3    Strategy

    8.8    Lucy Electric Limited

    8.8.1    Overview

    8.8.2    Product/Service Offering

    8.8.3    Strategy

    8.9    L&T

    8.9.1    Overview

    8.9.2    Product/Service Offering

    8.9.3    Strategy

    8.10   Yokogawa Electric Corporation

    8.10.1    Overview

    8.10.2    Product/Service Offering

    8.10.3    Strategy

    8.11    SwitchGear Company

    8.11.1    Overview

    8.11.2    Product/Service Offering

    8.11.3    Strategy

    8.12    EPE Switchgear

    8.12.1    Overview

    8.12.2    Product/Service Offering

    8.12.3    Strategy

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