Global Ring Main Unit Market

Global Ring Main Unit Market Size, Trends & Analysis with Covid-19 Impact - Forecasts To 2026 By Type (Gas Insulated, Air Insulated, Oil Insulated, Solid Dielectric), By Installation (Indoor, Outdoor), By Voltage Rating (Up To 15 KV, 16-25 KV, Above 25 KV), By Application (Industries, Infrastructure & Transportation, Distribution Facilities), By Region (North America, Europe, Asia Pacific and Rest of the World); and Company Market Share Analysis & Competitor Analysis

Category Energy & Power

Format

This report was recently updated on July 20 2024 with the latest and most recent market numbers

Ring Main Unit Market: Insights

During the forecast era from 2020 to 2026, the global demand for ring main units will be powered by a high compound annual growth rate. The Ring Main Unit (RMU) is a completely enclosed, gas-insulated portable switchgear unit with high-voltage switch-bearing panels that allows two high-voltage power sources to be used at the same metering point by the consumer. The primary ring unit is commonly used at junction points of the ring-type delivery network and in the underground cable distribution network at the load link. Growing inclusion of capacity and expansion plans for delivery networks coupled with the rising renewable energy sector are some of the key drivers that are projected to boost the growth of the Ring Main Unit market. Moreover, the elevated need for efficient power generation sources driving the growth of the industry. However, compared to conventional switchgear, higher prices for RMUs are likely to adversely to obstruct the market growth during the forecast timeframe.

Ring Main Unit Market

Ring Main Unit Market: By Type

By type the market is segregated into four divisions, including gas-insulated, air-insulated, oil-insulated, and solid dielectric, this demand can be described. The segment of gas-insulated was expected to contribute most to global sales in this business field. This is due to these ring key units' small scale; increased functionality and temperature tolerance are the key reasons to boost the industry growth over the predicted timeline. Gas-insulated ring main unit uses include railway networks, wind power plants, power grids, underground structures, and applications for mines.

Ring Main Unit Market: By Voltage Rating

The industry is, in total, split into three divisions: up to 15 KV, 16-25 KV, and over 25 KV. The up to 15 KV segment is projected to contribute the most to the global sales in the industry, of all the installations. This represents an immense amount of investment in the growth and expansion of facilities for distribution services in the future, which would fuel demand for ring main units.

Ring Main Unit Market: By Installation

According to the installation report, this market can be explained into two segments: outdoor and indoor. The indoor segment is predicted to expand at a substantial rate of growth. The booming real estate market, subject to rising private and public spending, would expand business growth. Moreover, the market scenario will be further complemented by rising space limitations around utility-supported electrical installations and an emphasis on operational safety & grid stability. The segment will be powered by the growing commercial & industrial industry in developing countries.

Ring Main Unit Market: By Application

Based on the application analysis, industries, distribution facilities, and infrastructure & transportation can be segregated into three segments. During the coming years, a strategic lead in the ring main unit is projected to be retained over the distribution facilities market. Rising capacity demands have resulted in the growth of T&D networks around the world due to the increasing population and fast-track urban growth. The continuous utility-based facilities to satisfy the rising need for urban and rural electricity are anticipated to boost the growth of the market.

Ring Main Unit Market: By Region

Depending on the geographical area, the ring main unit market is categorized into Europe, APAC, North America, and the ME&A, among others. It is predicted that the Asia-Pacific region will see significant growth in emerging regions at a fast CAGR rate as well as contributing the global sales over the forecasted timeline. The rising consumption of electricity in Japan, India, and China are some of the factors influencing overall growth. Moreover, the rising advancements in technology and growing investments in renewable energy integration are expected to stimulate the growth of demand in the APAC region over the forecasted timeframe.

Ring Main Unit Market Share & Competitor Analysis

The key players competing in this market are Eaton, Larsen & Toubro, LS Electric, Lucy Electric, Siemens, C&S Electric, Swati Switchgears, Hunan Electric Union, Ormazabal, Tiepco, Alfanar, Wenzhou Rockwell Transformer, Yueqing Liyond Electric Schneider Electric, China Transpowers Electric, Indkom Engineering, Natus, ABB, Orecco Electric, and Entec Electric & Electronic, among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In January 2020, For USD 299 million, Siemens aims to buy 99% of C&S Electric (India)'s equity shares.

Check the Press Release on Global Ring Main Unit Market Report

Ring Main Unit Market: By Type

Introduction
1. Ring Main Unit Market, By Type, 2019-2026 (USD Million)
Gas Insulated
1. Gas Insulated: Ring Main Unit Market, 2019-2026 (USD Million)
Oil Insulated
1. Oil Insulated: Ring Main Unit Market, 2019-2026 (USD Million)
Solid Dielectric
1. Solid Dielectric: Ring Main Unit Market, 2019-2026 (USD Million)

Ring Main Unit Market: By Voltage Rating

Introduction
1. Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
Up To 15 KV
1. Up To 15 KV: Ring Main Unit Market, 2019-2026 (USD Million)
16 To 25 KV
1. 16 To 25 KV: Ring Main Unit Market, 2019-2026 (USD Million)
Above 25 KV
1. Above 25 KV: Ring Main Unit Market, 2019-2026 (USD Million)

Ring Main Unit Market: By Installation

Introduction
1. Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
Indoor
1. Indoor: Ring Main Unit Market, 2019-2026 (USD Million)
Outdoor
1. Outdoor: Ring Main Unit Market, 2019-2026 (USD Million)

Ring Main Unit Market: By Application

Introduction
1. Ring Main Unit Market, By Application, 2019-2026 (USD Million)
Industries
1. Industries: Ring Main Unit Market, 2019-2026 (USD Million)
Infrastructure & Transportation
1. Infrastructure & Transportation: Ring Main Unit Market, 2019-2026 (USD Million)
Distribution Utilities
1. Distribution Utilities: Ring Main Unit Market, 2019-2026 (USD Million)

Ring Main Unit Market: By Region

Introduction
1. Global Ring Main Unit Market, Regional Analysis, 2019-2026 (USD Million)
North America
1. North America Ring Main Unit Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Type
    1. North America Ring Main Unit Market, By Type, 2019-2026 (USD Million)
  2. By Voltage Rating
    1. North America Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
  3. By Installation
    1. North America Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
  4. By Application
    1. North America Ring Main Unit Market, By Application, 2019-2026 (USD Million)
  5. By Country
    1. U.S
      1. By Type
        
        U.S Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        U.S Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        U.S Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        U.S Ring Main Unit Market, By Application, 2019-2026 (USD Million)
    2. Canada
      1. By Type
        
        Canada Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        Canada Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        Canada Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        Canada Ring Main Unit Market, By Application, 2019-2026 (USD Million)
    3. Mexico
      1. By Type
        
        Mexico Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        Mexico Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        Mexico Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        Mexico Ring Main Unit Market, By Application, 2019-2026 (USD Million)
Europe
1. Europe Ring Main Unit Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Type
    1. Europe Ring Main Unit Market, By Type, 2019-2026 (USD Million)
  2. By Voltage Rating
    1. Europe Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
  3. By Installation
    1. Europe Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
  4. By Application
    1. Europe Ring Main Unit Market, By Application, 2019-2026 (USD Million)
  5. By Country
    1. Germany
      1. By Type
        
        Germany Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        Germany Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        Germany Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        Germany Ring Main Unit Market, By Application, 2019-2026 (USD Million)
    2. UK
      1. By Type
        
        UK Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        UK Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        UK Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        UK Ring Main Unit Market, By Application, 2019-2026 (USD Million)
    3. France
      1. By Type
        
        France Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        France Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        France Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        France Ring Main Unit Market, By Application, 2019-2026 (USD Million)
    4. Italy
      1. By Type
        
        Italy Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        Italy Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        Italy Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        Italy Ring Main Unit Market, By Application, 2019-2026 (USD Million)
    5. Rest Of Europe
      1. By Type
        
        Rest Of Europe Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        Rest Of Europe Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        Rest Of Europe Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        Rest Of Europe Ring Main Unit Market, By Application, 2019-2026 (USD Million)
Asia Pacific
1. Asia Pacific Ring Main Unit Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Type
    1. Asia Pacific Ring Main Unit Market, By Type, 2019-2026 (USD Million)
  2. By Voltage Rating
    1. Asia Pacific Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
  3. By Installation
    1. Asia Pacific Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
  4. By Application
    1. Asia Pacific Ring Main Unit Market, By Application, 2019-2026 (USD Million)
  5. By Country
    1. China
      1. By Type
        
        China Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        China Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        China Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        China Ring Main Unit Market, By Application, 2019-2026 (USD Million)
    2. Japan
      1. By Type
        
        Japan Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        Japan Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        Japan Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        Japan Ring Main Unit Market, By Application, 2019-2026 (USD Million)
    3. India
      1. By Type
        
        India Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        India Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        India Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        India Ring Main Unit Market, By Application, 2019-2026 (USD Million)
    4. South Korea
      1. By Type
        
        South Korea Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        South Korea Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        South Korea Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        South Korea Ring Main Unit Market, By Application, 2019-2026 (USD Million)
Central & South America
1. Central & South America Ring Main Unit Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Type
    1. Central & South America Ring Main Unit Market, By Type, 2019-2026 (USD Million)
  2. By Voltage Rating
    1. Central & South America Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
  3. By Installation
    1. Central & South America Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
  4. By Application
    1. Central & South America Ring Main Unit Market, By Application, 2019-2026 (USD Million)
  5. By Country
    1. Brazil
      1. By Type
        
        Brazil Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        Brazil Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        Brazil Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        Brazil Ring Main Unit Market, By Application, 2019-2026 (USD Million)
Middle East & Africa
1. Middle East & Africa Ring Main Unit Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Type
    1. Middle East & Africa Ring Main Unit Market, By Type, 2019-2026 (USD Million)
  2. By Voltage Rating
    1. Middle East & Africa Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
  3. By Installation
    1. Middle East & Africa Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
  4. By Application
    1. Middle East & Africa Ring Main Unit Market, By Application, 2019-2026 (USD Million)
  5. By Country
    1. Saudi Arabia
      1. By Type
        
        Saudi Arabia Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        Saudi Arabia Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        Saudi Arabia Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        Saudi Arabia Ring Main Unit Market, By Application, 2019-2026 (USD Million)
    2. UAE
      1. By Type
        
        UAE Ring Main Unit Market, By Type, 2019-2026 (USD Million)
      2. By Voltage Rating
        
        UAE Ring Main Unit Market, By Voltage Rating, 2019-2026 (USD Million)
      3. By Installation
        
        UAE Ring Main Unit Market, By Installation, 2019-2026 (USD Million)
      4. By Application
        
        UAE Ring Main Unit Market, By Application, 2019-2026 (USD Million)

The Global Ring Main Unit Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Ring Main Unit Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Ring Main Unit Market.

Ring Main Unit Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Ring Main Unit Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Ring Main Unit Market