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  • Global Ring Main Unit Market is Predicted to grow at Approximately 9.3% by 2030

    Ring Main Unit Market to grow at 8.45% CAGR by 2032

    Report Details:
    15 Companies Covered
    188 Pages

    Pune, India, May 11, 2017 /MRFR Press Release/- Market research future published a half cooked research report on global ring main unit market. The global ring main unit market is expected to grow over the CAGR of around 8.45% during the period 2024 to 2032.


    Ring Main Unit Market Report Highlights


    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 9.3% from 2024 to 2032, to reach the market size of USD 4.6 Billion by 2032.


    Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Ring Main Unit Market Research Report


    Global Ring Main Unit Market


    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.


    Global Ring Main Unit Market, 2022 – 2030 (USD Million)Global Ring Main Unit Market-pr


    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



    • Indoor

    • Outdoor


    By Application



    • Distribution Utilities

    • Industrial

    • Commercial


    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) and EPE Switchgear (M) Sdn. Bhd. (Malaysia).


    About Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.


    MRFR team have the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important  question. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meeting with industry experts and does industrial visits for its research analyst members.Contact:


    Akash Anand,


    Market Research Future


    Market Research Future


    Office No. 524/528, Amanora Chambers


    Magarpatta Road, Hadapsar


    Pune - 411028


    Maharashtra, India


    +1 646 845 9312


    Email: akash.anand@marketresearchfuture.com