Press release
Ring Main Unit (RMU) Market Ongoing Trends, Opportunities & Forecast To 2031
Ring Main Unit (RMU) Market OverviewKey Ring Main Unit (RMU) Market Players are ABB, Ltd. (Switzerland), Schneider Electric SE (France), Eaton Corporation, PLC (Ireland), Siemens AG (Germany), General Electric Company (U.S.), LS Electric (South Korea), Ormazabal (Spain), TIEPCO (Saudi Arabia), Other Key Market Players ENTEC Electric & Electronic (South Korea).
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.
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Higher cost of RMUs as compared to traditional switchgears restricts the market growth.
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.
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.
Aspects Details By Type
Gas Insulated
Air Insulated
Oil Insulated
Solid Dielectric Material
By Installation
Outdoor
Indoor
By Application
Industrial
Wind Power Plant
Compact Secondary Substations
Distribution Utilities
Infrastructure
Residential
Non-residential
Hotel & Resort
Office
Hospital
By Transportation
Airport
Tunnel
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By Region
North America (U.S., Canada, Mexico)
Europe (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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 to identify the prevailing market opportunities.
The key countries in each region has been mapped based on market share.
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In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
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