openPR Logo
Press release

Ring Main Unit Market Prominent ring main unit market players comprise of General Electric, ABB, Eaton, Schneider, Siemens, Crompton Greaves, L&T Electrical and Automation, Lucy Electric, LSIS Co., TIEPCO, C&S Electric Limited, Entec Electric and Ormazaba

12-31-2018 06:20 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Ring Main Unit Market Prominent ring main unit market players

Ring Main Unit Market Prominent ring main unit market players comprise of General Electric, ABB, Eaton, Schneider, Siemens, Crompton Greaves
Ring main unit market size will exceed USD 3 Billion by 2024, as reported in the latest study by Global Market Insights, Inc.

Growing infrastructural spending favored by ongoing regulatory measures toward the expansion and refurbishment of aging grid infrastructure will drive the overall ring main unit (RMU) market size. Commercial and residential developments coupled with rapid urbanization across developing nations positively influence the industry outlook. Rising demand for upgradation and replacement of traditional primary and secondary networks across North America and Europe will further augment the business dynamics.

Request for Sample Copy of this research report @ https://www.gminsights.com/request-sample/detail/1477

Oil insulated units on account of crude price volatility along with competitive price mechanism retain a moderate share across the ring main unit market. The technology is predicted to infuse marginal growth subject to the dire need for supplementary equipment to provide maintenance and service across existing units which will upscale the operational costs. Furthermore, positive utility shift towards the installation of gas insulated units subject to reliable and safe operations have further constrained the industry landscape.

Ring main unit market across Asia Pacific is projected to grow at a rate of 7.3% by 2024. Enhancing economic scenario on account of rising investment and rapid commercialization across the utility based and industrial electrification systems will positively sway the business dynamics. The Rural Electrification Corporation of India, in 2017, generated an amount worth USD 450 million with the introduction of their bonds on London Stock Exchange. Moreover, increasing microgrid infrastructure in line with growing investments toward the integration of renewable energy technologies have further infused a favorable industry scenario.

Increasing residential establishments and rapid commercialization across developing regions will augment the 3 – position RMU market share. Development of isolated and grid-connected micro-grid network to validate security of supply will stimulate the business landscape. Furthermore, ongoing electrification initiatives integrate significant prospective for 3-position units pertaining to moderate peak load across the rural applications.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1477

In 2017, indoor ring main unit (RMU) market retained the majority share owing to rapid development and upgradation of aging electric distribution network. Growing real estate sector pertaining to increasing public and private fund allocation will strengthen the industry potential. Furthermore, growing space restriction across utility aided electric deployments in line with shifting focus towards grid reliability & operational safety will further escalate the business growth.

In the current industrial regime, distribution utilities hold a major industry share subject to ongoing utility-based developments to cater the rising rural and urban electricity demand. Positive regulatory mandates toward the deregulation and channeling of demand & supply side systems will further complement the ring main unit (RMU) market dynamics.

Browse key industry insights spread across 818 pages with 1490 market data tables & 38 figures & charts from the report @ https://www.gminsights.com/industry-analysis/ring-main-unit-market

Growing demand for electricity in line with technological developments will augment the ring main unit (RMU) market across Europe. Rising fund flow towards the renewable energy sector will drive the industry growth in Germany. The EU’s Renewable Energy Directive introduced a regulation for advancement and production of energy from sustainable technologies. Increase in infrastructure expenditures across commercial and transportation sector will escalate the business growth in UK.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
Explore Our Blog @ http://allnewsmyway.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ring Main Unit Market Prominent ring main unit market players comprise of General Electric, ABB, Eaton, Schneider, Siemens, Crompton Greaves, L&T Electrical and Automation, Lucy Electric, LSIS Co., TIEPCO, C&S Electric Limited, Entec Electric and Ormazaba here

News-ID: 1464064 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Ring

Universal Diamond Wedding Ring Market 2021 Business Opportunities, Growth, Profi …
Syndicate Market Research recently launched a study report on the global Diamond Wedding Ring market project light on the significant drifts and vigorous cannon into the evolution of the trade, which includes the restraints, market drivers, and opportunities. The report talks about the competitive environment prevailing in the Diamond Wedding Ring market worldwide. The report lists the key players in the market and also provides insightful information about them such
Smart Ring Market to See Major Growth by 2025: McLear, Sirenring, Nod Ring
A new business intelligence report released by HTF MI with title "Global Smart Ring Market Research Report 2020 (Covid-19 Version)" is designed covering micro level of analysis by manufacturers and key business segments. The Global Smart Ring Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and
Global Smart Ring Market Revenue Strategy 2026: McLear Ltd, Thumb Track, Ringly, …
IndustryGrowthInsights offers a latest published report on Global Smart Ring Market industry analysis and forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains XX pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Smart Ring Market research report delivers a close watch on leading competitors with strategic analysis, micro and
Smart Ring Market 2018 Global Analysis By Key Players – Nod Ring, GEAK, Ringl …
Summary WiseGuyReports.com adds “Smart Ring Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “Smart Ring Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Smart Ring Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as
Global Retaining Ring Applicators Market Report 2017 : SAE Products, American Ri …
Qyresearchreports include new market research report "Global Retaining Ring Applicators Sales Market Report 2017" to its huge collection of research reports. The report here gathers interchange perspectives having a place with the general Retaining Ring Applicators market which verbalizes the present-day data and future exposures with reference to the dynamic powers at play. The prime reason behind the examination report is to offer the endorser with a wide design and make
Retaining Ring Applicators Market Size 2017-2022 SAE Products, American Ring, G. …
Global Retaining Ring Applicators Market Research Report Recently published a detailed market study on the "Retaining Ring Applicators Market" across the global, regional and country level. The report on the global Retaining Ring Applicators market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The Retaining Ring Applicators market report further provides production, capacity, Retaining Ring Applicators market price per region,