Ring Main Unit Market

Date: 2016-05

The Ring Main Unit (RMU) is a variant of switchgear that is used in the distribution networks generally designed by connecting a number of ring shaped grids. It is intended to function at the rated nominal system voltage of 11kV. RMU generally consists of switches that are present on both sides of the T-off. They are dangerous switch devices in the distribution network which enables the power to be supplied from alternate sources in case the main source of supply flops.

The delivery transformer needs ring main units for measuring, metering and uninterrupted power supply in order to avoid indemnities to dangerous equipment. Moreover, ring main units are very essential for conserving the consistency of a grid system. The distribution utilities segment is anticipated to grow with the maximum growth rate during the forecast period. This growth is due to the power generation ability as well as development plans for distribution networks in countries pertaining to APAC region, such as China and India in order to cope up with the growing electricity demand. This growth in electricity demand propels the growth of power equipment such as ring main units for continuous power supply.

APAC is anticipated to hold the maximum market share and the highest growth rate during the forecast period of 2016 to 2021. The region is projected to have widespread disposition of ring main units and is a major markets for ring main unit manufacturers and suppliers. Owing to the rising acceptance of ring main units in transmission & distribution utilities as well as real estate sector, especially in India and China, the ring main unit market is all set to experience a boom in the coming years. Instead, the demand for ring main unit in Europe is mostly originating due to growing share of renewable sources in electricity generation.

The global market for ring main unit was estimated to be $XX billion in 2015. The global market for ring main unit is estimated to grow at a CAGR of XX% and is forecast to reach $XX billion by 2021. The ring main unit market is forecast to have the highest growth of XX% during the forecast period 2016-2021. Industrial & power utilities, generation are the major end-users for ring main unit. Asia and Europe together are estimated to occupy a share of more than XX% in 2015.

Americas is estimated to be the largest market for global ring main unit market. Asia-Pacific region is anticipated to have highest growth in the next few years due to growing adoption of ring main unit in industrial, infrastructure, power utilities & generation and other end use industries. Asia ring main unit accounts to XX% of the global market for ring main unit and is the fastest growing market followed by Americas. The growth rate of ring main unit market is expected to increase in the next few years owing to growing research and developments in the field and launch of new product ranges.

The global ring main unit market is evaluated based on key attributes such as types, configuration, application and others. Each of the segmentations in the report has been studied to give comprehensive analysis of global ring main unit market. The overall market has also been consolidated from the perspective of different geographic locations into standard geographic regions and key economies for this market. Additionally, this report encompasses opportunity analysis, porter analysis, pricing analysis and market forces such as drivers, constraints and challenges that are involved to drive the overall market.

The key players profiled in this report are:
Siemens Ag
General Electric Company and others.

This report gives detailed information about the product value chain right from the beginning which includes raw materials till end-use. The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants. The study includes the demand of this particular market on a global and regional scale for a six year period of 2016-2021, both in terms of volume(kilo tons) and revenue($ million).

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