Ring Main Unit Market 2017 | Larsen & Toubro, Entec, LSIS, Lucy Electric, Ormazabal, Toshiba, Yashmun, Tiepco
For a distribution network that constitutes a number of ring shaped grids, the ring main unit (RMU) acts a variant of switchgear and works at a nominal system voltage of 11KV. Since these are dangerous and essential switch devices in a distribution network that aids in supplying power from back-up system in case a hindrance in main supply source. RMU are used by delivery transformers to measure, meter, and provide uninterrupted power supply and are vital for ensuring consistency of a grid system. With rapid urbanization across the world, the demand for consistent power supply and conservation is mounting. Consequently, the demand in the global ring main unit market is expected to increment at a robust rate during the forecast period of 2017 to 2025.
Get Brochure of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2504
Global Ring Main Unit Market: Key Trends
Across several countries, modernization of existing power infrastructure is underway, and increased emphasis is now being given to increasing the capacity as well as enhance the distribution network in order to meet the escalating demands. This are the primary factors driving the demand in the global market for ring main unit. Moreover, in order to ensure uninterrupted power supply, a number of end-use industries are installing ring main units as secondary distribution source. This factor is also expected to favor the demand for ring main unit in the near future. On the other hand, preference of conventional switchgears for lower cost than ring main units is hampering the market from achieving its true potential.
On the basis of type, the global ring main unit market can be segmented into gas insulated, oil insulated, solid dielectric insulated, and air insulated. In current scenario, has insulated ring main unit segment has the maximum demand, owing to its applications in railway systems, power grids, wind power plants, mining, and underground installations. Gas insulated ring main units are easily integrated with the existing system. Application-wise, the distribution utilities segment is most lucrative in comparison to industries or infrastructure and transportation.
Global Ring Main Unit Market: Market Potential
Across several developed and developing countries, owing to growing pollution concerns, the emphasis on renewable energy is escalating, and those governments are offering favorable mandates. RMUs are now frequently integrated with in solar power plant and help in minimizing power losses as well as enhance safety with reduced cable lengths. This development is expected to open new opportunities for the vendors operating in the global ring main unit market.
Get TOC for Detailed Facts and Numbers @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=2504
Global Ring Main Unit Market: Regional Outlook
Asia Pacific and Europe two most lucrative regions for the vendors operating in the ring main unit market. In Asia Pacific, India and China are the leading country-wide markets due to increasing demand to electrify rural areas, increasing power capacity of power plants, and implementation of smart grids. Japan leads among the Southeast Asian countries, strategically expanding their power facilities to establish an active distribution network. Countries such as Malaysia, Vietnam, and Indonesia are also posed to expand the demand for ring main unit.
The demand in European ring main unit market is driven by incremented focus on renewable energy. European Unions’ energy directive, which requires the members to achieve at least 20% of the demand from renewable sources, has gone a long way in advancing and producing energy in the region. As the directive requires the EU members to ensure at least 27% of energy consumption from renewable sources by 2030, Europe is expected to turn into one of the most profitable region for ring main unit market players towards the end of the forecast period.
Global Ring Main Unit Market: Competitive Landscape
Honeywell, Siemens, ABB, General Electric, Eaton, Schneider Electric, Larsen & Toubro, Entec, LSIS, Lucy Electric, Ormazabal, Toshiba, Yashmun, Tiepco, Yokogawa Electric, Azbil, NovaTech Process, and Rockwell Automation are some of the leading companies currently operating in the global ring main unit market.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
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 2017 | Larsen & Toubro, Entec, LSIS, Lucy Electric, Ormazabal, Toshiba, Yashmun, Tiepco here
News-ID: 1736489 • Views: 310
More Releases from TMR Research
Global Private LTE Market Analysis by Market Key Player, Product Application & G …
Global Private LTE Market: Overview The global private LTE market likely to registers significant growth during the course of forecast period from the period between 2018 till 2028. Moreover, this network provides the better alternatives of the public networks on account of high operational efficiency, low cost deployment and improved business application in terms of security. The private LTE market also provide more capacity and coverage and has facility to modify
Crude Sulfate Turpentine Market 2025 Harting S.A., Arizona Chemical Company LLC, …
Global Crude Sulfate Turpentine Market: Snapshot The global market for crude sulfate turpentine is growing at a robust pace and is likely to witness significant growth in the coming years. The increasing use of crude sulfate turpentine in diverse applications is expected to encourage the growth of the global market in the coming years. In addition, the rising demand for high-value products for personal care, especially in developing economies is likely
Wood Vinegar Market 2017 Analysis, Growth, Vendors, Shares, Drivers, Challenges …
Global Wood Vinegar Market: Snapshot Pyroligneous acid, commonly known as wood vinegar, is created from wood and plant materials, using a process known as destructive distillation. The core ingredients of wood vinegar include acetone, methanol, and acetic acid, and was historically used to produce acetic acid on large scales. Currently, the scope of use of wood vinegar stretches across a large number of application segments. One of the more common uses
Meat Processing Equipment Market 2025 | Key Technology Inc., JBT Corporation, Ma …
Global Meat Processing Equipment Market: Snapshot Changing food preferences, lifestyles, tastes, and habits of the global population have bolstered the growth of the market for meat processing equipment. Developing economies such as China and India have been exhibiting enormous demand for meat over the last few decades. Industrialization, growing urbanization, Western influence on the food habits of Eastern consumers, and the growing disposable incomes of people have offset the growth of
More Releases for Unit
Peanut Butter Manufacturing Unit
Peanut butter is a high calorie, high protein product manufactured by grinding peanuts. It is a good alternative for dairy butter and widely used as a bread spread. Peanut butter is popular amongst Americans, and it is a part of their daily breakfast. The demand for peanut butter is susceptible to consumer spending. As disposable income increases, the willingness of the people to purchase the peanut butter also increases. On
Pomegranate Processing unit
India is the second largest producer of Pomegranates in the world after Iran, still contributes only 5% pomegranate related international trades. India produces the finest edible Pomegranates, which are available almost throughout the year, which provides a tremendous potential for export of Pomegranate and its products from India. Processing of the Pomegranates becomes essential in order to increase the utilization and reduce the wastage of the fruit. Pomegranates being rich in
Egg Powder Manufacturing Unit
Recently, changing food habits, awareness about nutrition and availability have become the reason for the increasing demand of poultry products. And the demand for eggs and egg products is expected to rise in upcoming years, as the eggs are the cheapest and primary source of protein, vitamins, and minerals. There are many processed egg products available in the market; viz. liquid egg, frozen liquid egg, dried egg powder, egg chips, etc.
Coconut Processing Unit
Coconut is an important fruit in the Indian economy as the country is listed among the top Coconut producing countries in the world. The contribution of Coconut is about ₹27900 crore to India’s Gross Domestic Product (GDP). Today's improved economic stability, spending power, nutritional requirements, and awareness are pushing consumers to shift their preferences. Currently, Coconut water, Coconut milk/cream and Virgin Coconut Oil (VCO) are expected to be main growth drivers for
BANANA POWDER MANUFACTURING UNIT
The Banana Powder is the product that has attained much cognizance in the past few years owing to the increasing applicability in food processing, cosmetic and other industries. The banana powder is prepared by vacuum processing as well as the freeze-drying method. The increased production of the powder is favored by round the year availability of raw bananas in India as well as countries like China, Philippines, Ecuador, Brazil which
Graphic Processing Unit Market
https://www.qandqmarketresearch.com/reports/3187530/graphic-processing-unit-market-23 This report studies Graphic Processing Unit in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Protech Technologies, IncUS Classic AutomationUS Excello Circuits, Inc.US Ascend Electronics Inc.US Sterling ServicesUS McWilliams Sales & Service, Inc.US Odyssey ElectronicsUS Della