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Ring Main Unit Market Identify the Prevailing Market Opportunities with Forecast 2016-2023

02-15-2019 10:27 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Ring Main Unit

Ring Main Unit

The global ring main unit (RMU) market is driven by increase in power consumption, modernization of the existing power infrastructure, high demand for reliable sources of power generation, and development of enhancement plans for power distribution. However, higher cost of RMUs as compared to traditional switchgears restricts the market growth. Furthermore, development of automation ready units with integrated remote terminal units (RTUs) that enable instant smart grid functionality present lucrative opportunities for the market players during the forecast period.

The global ring main unit (RMU) market is segmented based on type, installation, application, and geography. Based on type, it is classified into gas insulated, air insulated, oil insulated, and solid dielectric material. Based on installation, it is divided into outdoor, and indoor. On the basis of application, it is segmented into industrial (wind power plant, compact secondary substations, and distribution utilities), and infrastructure (residential, non-residential, and transportation). Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Ring main unit (RMU) is a completely sealed, gas-insulated compact switchgear unit with high tension panels bearing switches that enable consumer to use two sources of high tension power at the same metering point. The main advantage of using RMU includes use of less conducting material since less current is carried in each part of the ring.

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The key players operating in this market include ABB, Ltd. (Switzerland), Schneider Electric SE (France), Eaton Corporation, PLC (Ireland), Siemens AG (Germany), and General Electric Company (U.S.).

Key Benefits
• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global ring main unit (RMU) market for the period of 2016-2023 to identify the prevailing market opportunities.
• The key countries in each region has been mapped based on market share.
• In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.

Ring Main Unit (Rmu) Market Key Segments

By Type
• Gas Insulated
• Air Insulated
• Oil Insulated
• Solid Dielectric Material

By Installation
• Outdoor
• Indoor

By Application
• Industrial
o Wind Power Plant
o Compact Secondary Substations
o Distribution Utilities

• Infrastructure
o Residential
o Non-residential
o Hotel & Resort
o Office
o Hospital

• Transportation
o Airport
o Tunnel

By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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