Ring Main Unit Market by Type (Gas Insulated, Air Insulated, Oil Insulated, & Solid Dielectric Insulated), by Application (Distribution Utilities, Industries, and Infrastructure & Transportation), & by Region – Global Trends & Forecasts to 2020

““The ring main unit market is projected to reach USD 2.03 billion by 2020.”
The ring main unit market is expected to reach USD 2.03 billion by 2020, at a CAGR of 8.23% from 2015 to 2020. Modernization of existing power infrastructure and capacity addition & enhancement plans for distribution networks have been boosting the demand for ring main units. In addition, end-use industries are deploying ring main units in secondary distribution networks for uninterrupted power supply.
“Distribution utilities segment is the largest market, by application”
The distribution utilities segment is the largest application market. Ring main units are extensively used by companies for secondary distribution networks and to protect their critical instruments. Moreover, this segment is expected to exhibit the highest CAGR from 2015 to 2020. The usage of ring main units for integrated distributed generation with the central grid is likely to drive the distribution utilities market.
“Asia-Pacific is the fastest growing market”
Asia-Pacific is expected to have the largest market share and the highest growth rate during the forecast period. The region is expected to have extensive deployment of ring main units, and is one of the key markets for ring main unit manufacturers and suppliers. The Southeast Asian countries, such as Vietnam and Malaysia, are driving the market in the region. Meanwhile, rural electrification and smart cities are the key growth drivers of the Indian ring main unit market.
The primary participants for the report have been categorized on the basis of company type, designation, and region. The details are as follows:
• By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%
• By Designation: C level – 75% and Manager level – 25%
• By Region: Asia-Pacific – 40%, Europe – 20%, North America – 10%, and Rest of World – 30%
Solid dielectric ring main unit is one of the emerging types of ring main unit because of its environment-friendly usage, sustainability approach, and operational safety. This segment is expected to grow at the highest CAGR during the forecast period. This ring main unit is the best solution for operators looking for low carbon solutions. Asia-Pacific is a potential market for solid dielectric insulated ring main units.
List of companies profiled in the report include:
• ABB Ltd.
• Eaton Corporation Plc.
• General Electric Company
• Schneider Electric SE
• Siemens AG
• Entec Electric & Electronic Co. Ltd.
• Larsen & Toubro
• LSIS
• Lucy Electric
• Ormazabal
• Tiepco
• Yashmun Engineers Ltd.
Why buy this report
The report offers market estimations and projections till 2020, and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
Product Analysis and Development: Insights on upcoming technologies, research & development activities, and new product launches in the global ring main unit market. In-depth analysis of the deployment of ring main units in various regions depicts a clear picture of the market scenario.
Market Development: Includes information about lucrative emerging markets. The report also analyzes ring main unit markets across regions.
Market Diversification: Information about new products, untapped regions, recent developments, and investments decisions in the market. Description regarding related and unrelated diversification pertaining to this market.
Competitive Assessment: Assessment of market shares, and company share analysis of key players. Business strategies and manufacturing capabilities of leading players enhance the bottom-line of the companies in the ring main unit market.

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“TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.3.3 CURRENCY 16
1.4 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 INTRODUCTION 17
2.2 MARKET SIZE ESTIMATION 18
2.3 BREAKDOWN OF PRIMARY INTERVIEWS 20
2.3.1 MARKET BREAKDOWN & DATA TRIANGULATION 21
2.4 MARKET SIZE ESTIMATION 22
2.4.1 KEY DATA FROM SECONDARY SOURCES 22
2.4.2 KEY DATA FROM PRIMARY SOURCES 23
2.4.3 ASSUMPTIONS 24
3 EXECUTIVE SUMMARY 25
3.1 HISTORICAL BACKDROP, EVOLUTION, & CURRENT SCENARIO 25
3.2 FUTURE OUTLOOK 26
3.3 CONCLUSION 29
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN THE RING MAIN UNIT MARKET 30
4.2 BY TYPE 31
4.3 ASIA-PACIFIC RING MAIN UNIT MARKET, 2014 32
4.4 INDIA, MALAYSIA, & VIETNAM ARE EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 33
4.5 THE UTILITIES MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 34
5 MARKET OVERVIEW 35
5.1 INTRODUCTION 36
5.2 MARKET SEGMENTATION 36
5.2.1 BY TYPE 36
5.2.2 BY APPLICATION 37
5.2.3 BY REGION 37
5.3 MARKET DYNAMICS 38
5.3.1 DRIVERS 39
5.3.1.1 Modernization of the existing power infrastructure 39
5.3.1.2 Capacity addition & enhancement plans 39
5.3.1.3 Smart distribution networks 40
5.3.2 RESTRAINTS 40
5.3.2.1 High cost compared to conventional switchgears 40
5.3.2.2 Declining energy costs 40
5.3.3 OPPORTUNITIES 41
5.3.3.1 Developing renewable sector 41
5.3.3.2 Demand for uninterrupted power from the transport sector 41
5.3.4 CHALLENGES 42
5.3.4.1 Low demand due to a plunge in commodity price 42
5.3.4.2 Low-quality counterfeits & the gray market 42
5.4 VALUE CHAIN ANALYSIS 43
5.5 PRICING ANALYSIS 44
5.6 STANDARDS & REGULATIONS 44
5.7 PORTER’S FIVE FORCES ANALYSIS 45
5.7.1 THREAT OF SUBSTITUTES 46
5.7.2 THREAT OF NEW ENTRANTS 46
5.7.3 BARGAINING POWER OF SUPPLIERS 46
5.7.4 BARGAINING POWER OF BUYERS 47
5.7.5 INTENSITY OF COMPETITIVE RIVALRY 47
6 RING MAIN UNIT MARKET, BY TYPE 48
6.1 INTRODUCTION 49
6.2 GAS INSULATED RING MAIN UNIT 50
6.3 AIR INSULATED RING MAIN UNIT 52
6.4 OIL INSULATED RING MAIN UNIT 53
6.5 SOLID DIELECTRIC INSULATED RING MAIN UNIT 53
7 RING MAIN UNIT MARKET, BY APPLICATION 55
7.1 INTRODUCTION 56
7.2 DISTRIBUTION UTILITIES 57
7.3 INDUSTRIES 59
7.4 INFRASTRUCTURE & TRANSPORTATION 61
8 RING MAIN UNIT MARKET, BY REGION 62
8.1 INTRODUCTION 63
8.2 ASIA-PACIFIC 65
8.2.1 CHINA 68
8.2.2 INDIA 69
8.2.3 JAPAN 70
8.2.4 VIETNAM 71
8.2.5 MALAYSIA 72
8.2.6 REST OF ASIA-PACIFIC 73
8.3 EUROPE 74
8.3.1 GERMANY 75
8.3.2 FRANCE 76
8.3.3 U.K. 77
8.3.4 REST OF EUROPE 78
8.4 NORTH AMERICA 79
8.4.1 U.S. 82
8.4.2 CANADA 83
8.4.3 MEXICO 84
8.5 MIDDLE EAST 85
8.5.1 SAUDI ARABIA 86
8.5.2 KUWAIT 87
8.5.3 UAE 88
8.5.4 QATAR 89
8.5.5 REST OF THE MIDDLE EAST 90
8.6 SOUTH AMERICA 91
8.6.1 BRAZIL 92
8.6.2 VENEZUELA 94
8.6.3 CHILE 95
8.6.4 REST OF SOUTH AMERICA 96
8.7 AFRICA 97
8.7.1 SOUTH AFRICA 98
8.7.2 ZAMBIA 99
8.7.3 ZIMBABWE 100
8.7.4 REST OF AFRICA 101
9 COMPETITIVE LANDSCAPE 103
9.1 OVERVIEW 104
9.2 MARKET SHARE ANALYSIS, BY DEVELOPMENT, 2014 105
9.3 COMPETITIVE SITUATION & TRENDS 106
9.4 CONTRACTS & AGREEMENTS 108
9.5 EXPANSIONS 109
9.6 NEW PRODUCT DEVELOPMENTS 110
9.7 MERGERS & ACQUISITIONS 110
 
10 COMPANY PROFILES 111
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
10.1 INTRODUCTION 111
10.2 ABB LTD. 112
10.3 EATON CORPORATION PLC. 115
10.4 GENERAL ELECTRIC COMPANY 118
10.5 SCHNEIDER ELECTRIC SE 121
10.6 SIEMENS AG 124
10.7 ENTEC ELECTRIC & ELECTRONIC CO., LTD. 126
10.8 LARSEN & TOUBRO 127
10.9 LSIS 130
10.10 LUCY ELECTRIC 132
10.11 ORMAZABAL 134
10.12 TIEPCO 136
10.13 YASHMUN ENGINEERS LIMITED 137
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
11 APPENDIX 138
11.1 INSIGHTS OF THE INDUSTRY EXPERTS 138
11.2 RECENT DEVELOPMENTS 139
11.3 DISCUSSION GUIDE 141
11.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 143
11.5 AVAILABLE CUSTOMIZATIONS 145
11.6 RELATED REPORTS 146
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“LIST OF TABLES

TABLE 1 CAPACITY ADDITION & ENHANCEMENT PLANS ARE THE DRIVING FORCES OF 
THE MARKET 40
TABLE 2 HIGH COST OF RING MAIN UNITS COMPARED TO CONVENTIONAL SWITCHGEARS IS THE MAJOR RESTRAINT OF THE MARKET 40
TABLE 3 DEVELOPING RENEWABLE SECTOR IS EXPECTED TO OFFER HIGH GROWTH OPPORTUNITIES IN THE RING MAIN UNIT MARKET 41
TABLE 4 LOW-QUALITY COUNTERFEITS ARE THE MAJOR CHALLENGE OF THE 
RING MAIN UNIT MARKET 42
TABLE 5 RING MAIN UNIT: PRICING ANALYSIS 44
TABLE 6 RING MAIN UNIT MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION) 50
TABLE 7 GAS INSULATED RING MAIN UNIT MARKET SIZE, BY REGION, 
2013-2020 (USD MILLION) 51
TABLE 8 AIR INSULATED RING MAIN UNIT MARKET SIZE, BY REGION, 
2013-2020 (USD MILLION) 52
TABLE 9 OIL INSULATED RING MAIN UNIT MARKET SIZE, BY REGION, 
2013-2020 (USD MILLION) 53
TABLE 10 SOLID DIELECTRIC INSULATED RING MAIN UNIT MARKET SIZE, BY REGION, 
2013-2020 (USD MILLION) 54
TABLE 11 RING MAIN UNIT MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 56
TABLE 12 RING MAIN UNIT: DISTRIBUTION UTILITIES MARKET SIZE, BY REGION, 
2013-2020 (USD MILLION) ) 58
TABLE 13 RING MAIN UNIT: INDUSTRIES MARKET SIZE, BY REGION, 
2013-2020 (USD MILLION) 60
TABLE 14 RING MAIN UNIT: INFRASTRUCTURE & TRANSPORTATION MARKET SIZE, 
BY REGION, 2013-2020 (USD MILLION) 61
TABLE 15 RING MAIN UNIT MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 64
TABLE 16 ASIA-PACIFIC: RING MAIN UNIT MARKET SIZE, BY COUNTRY, 
2013–2020 (USD MILLION) 67
TABLE 17 ASIA-PACIFIC: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 67
TABLE 18 ASIA-PACIFIC: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 67
TABLE 19 CHINA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 68
TABLE 20 CHINA: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 68
TABLE 21 INDIA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 69
TABLE 22 INDIA: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 69
TABLE 23 JAPAN: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 70
TABLE 24 JAPAN: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 70
TABLE 25 VIETNAM: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 71
TABLE 26 VIETNAM: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 71
 
TABLE 27 MALAYSIA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 72
TABLE 28 MALAYSIA: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 72
TABLE 29 REST OF ASIA-PACIFIC: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 73
TABLE 30 REST OF ASIA-PACIFIC: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 73
TABLE 31 EUROPE: RING MAIN UNIT MARKET SIZE, BY COUNTRY, 
2013–2020 (USD MILLION) 74
TABLE 32 EUROPE: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 74
TABLE 33 EUROPE: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 75
TABLE 34 GERMANY: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 75
TABLE 35 GERMANY: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 76
TABLE 36 FRANCE: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 76
TABLE 37 FRANCE: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 77
TABLE 38 U.K.: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 77
TABLE 39 U.K.: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 78
TABLE 40 REST OF EUROPE: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 78
TABLE 41 REST OF EUROPE: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 79
TABLE 42 NORTH AMERICA: RING MAIN UNIT MARKET SIZE, BY COUNTRY, 
2013–2020 (USD MILLION) 81
TABLE 43 NORTH AMERICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 81
TABLE 44 NORTH AMERICA: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 81
TABLE 45 U.S.: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 82
TABLE 46 U.S.: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 82
TABLE 47 CANADA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 83
TABLE 48 CANADA: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 83
TABLE 49 MEXICO: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 84
TABLE 50 MEXICO: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 84
TABLE 51 MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY COUNTRY, 
2013–2020 (USD MILLION) 85
TABLE 52 MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 85
TABLE 53 MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 86
TABLE 54 SAUDI ARABIA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 86
 
TABLE 55 SAUDI ARABIA: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 87
TABLE 56 KUWAIT: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 87
TABLE 57 KUWAIT: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 88
TABLE 58 UAE: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 88
TABLE 59 UAE: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 89
TABLE 60 QATAR: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 89
TABLE 61 QATAR: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 90
TABLE 62 REST OF MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 90
TABLE 63 REST OF MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 91
TABLE 64 SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY COUNTRY, 
2013–2020 (USD MILLION) 91
TABLE 65 SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 92
TABLE 66 SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 92
TABLE 67 BRAZIL: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 93
TABLE 68 BRAZIL: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 93
TABLE 69 VENEZUELA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 94
TABLE 70 VENEZUELA: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 94
TABLE 71 CHILE: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 95
TABLE 72 CHILE: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 95
TABLE 73 REST OF SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 96
TABLE 74 REST OF SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 96
TABLE 75 AFRICA: RING MAIN UNIT MARKET SIZE, BY COUNTRY, 2013–2020 (USD MILLION) 97
TABLE 76 AFRICA : RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 97
TABLE 77 AFRICA : RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 98
TABLE 78 SOUTH AFRICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 98
TABLE 79 SOUTH AFRICA: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 99
TABLE 80 ZAMBIA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 99
TABLE 81 ZAMBIA: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 100
TABLE 82 ZIMBABWE: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 100
 
TABLE 83 ZIMBABWE: RING MAIN UNIT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 101
TABLE 84 REST OF AFRICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 101
TABLE 85 REST OF AFRICA: RING MAIN UNIT MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 102
TABLE 86 CONTRACTS & AGREEMENTS, 2014-2015 108
TABLE 87 EXPANSIONS, 2012-2015 109
TABLE 88 NEW PRODUCT DEVELOPMENTS, 2013–2015 110
TABLE 89 MERGERS & ACQUISITIONS, 2012-2014 110
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“LIST OF FIGURES

FIGURE 1 RING MAIN UNIT MARKET SEGMENTATION 15
FIGURE 2 RING MAIN UNIT MARKET: RESEARCH DESIGN 17
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 18
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 19
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, 
& REGION 20
FIGURE 6 DATA TRIANGULATION METHODOLOGY 21
FIGURE 7 ASIA-PACIFIC ACCOUNTED FOR THE LARGEST MARKET SHARE (BY VALUE) IN THE RING MAIN UNIT MARKET IN 2014 25
FIGURE 8 THE DISTRIBUTION UTILITIES SEGMENT IS EXPECTED TO DOMINATE THE RING MAIN UNIT MARKET DURING THE FORECAST PERIOD 26
FIGURE 9 THE GAS INSULATED RING MAIN UNIT MARKET IS EXPECTED TO WITNESS THE MAXIMUM DEMAND DURING THE FORECAST PERIOD 27
FIGURE 10 ASIA-PACIFIC IS EXPECTED TO DOMINATE THE RING MAIN UNIT MARKET DURING THE FORECAST PERIOD 27
FIGURE 11 GAS INSULATED RING MAIN UNIT MARKET: AN OUTLOOK 28
FIGURE 12 TOP MARKET DEVELOPMENTS (2012–2015) 29
FIGURE 13 RING MAIN UNIT MARKET GROWTH OPPORTUNITIES, 2015-2020 30
FIGURE 14 THE GAS INSULATED RING MAIN UNIT MARKET IS EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 31
FIGURE 15 CHINA IS EXPECTED TO BE THE LARGEST MARKET IN ASIA-PACIFIC DURING THE FORECAST PERIOD 32
FIGURE 16 REGIONAL HOT SPOTS OF THE RING MAIN UNIT MARKET– 2015 TO 2020 33
FIGURE 17 UTILITIES & INDUSTRIES SEGMENTS ARE EXPECTED TO WITNESS HIGHER GROWTH DURING THE FORECAST PERIOD 34
FIGURE 18 RING MAIN UNIT MARKET SEGMENTATION: BY TYPE 36
FIGURE 19 RING MAIN UNIT MARKET SEGMENTATION: BY APPLICATION 37
FIGURE 20 RING MAIN UNIT MARKET SEGMENTATION: BY REGION 37
FIGURE 21 MODERNIZATION OF EXISTING POWER INFRASTRUCTURE & INDUSTRIALIZATION TO PROPEL MARKET GROWTH 38
FIGURE 22 POWER INFRASTRUCTURE FAILURE RATE 39
FIGURE 23 VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED DURING MANUFACTURING & ASSEMBLING STAGES 43
FIGURE 24 PORTER’S FIVE FORCES ANALYSIS: INTENSITY OF RIVALRY IS HIGH IN THE RING MAIN UNIT MARKET 45
FIGURE 25 SOLID DIELECTRIC INSULATED RING MAIN UNIT SEGMENT IS EXPECTED HAVE THE HIGHEST CAGR DURING THE FORECAST PERIOD 49
FIGURE 26 ASIA-PACIFIC MARKET IS EXPECTED TO HAVE THE LARGEST SHARE IN RING MAIN UNIT MARKET DURING THE FORECAST PERIOD 50
FIGURE 27 ASIA-PACIFIC AND AFRICA MARKETS ARE EXPECTED TO HAVE HIGHER GROWTH RATES DURING THE FORECAST PERIOD 52
FIGURE 28 THE DISTRIBUTION UTILITIES SEGMENT IS EXPECTED TO BE THE LARGEST MARKET FOR RING MAIN UNITS DURING THE FORECAST PERIOD 56
FIGURE 29 CAPACITY ADDITION & ENHANCEMENT PLANS ARE EXPECTED TO DRIVE THE 
ASIA-PACIFIC RING MAIN UNIT MARKET, 2015-2020 57
FIGURE 30 ASIA-PACIFIC IS EXPECTED TO BE THE LARGEST CONSUMER OF THE INDUSTRIES APPLICATION SEGMENT DURING THE FORECAST PERIOD 59
FIGURE 31 REGIONAL SNAPSHOT (2014): GROWING MARKETS ARE EMERGING AS 
NEW HOTSPOTS 63
FIGURE 32 ASIA-PACIFIC: THE LARGEST & FASTEST GROWING RING MAIN UNIT MARKET, 2015-2020 64
FIGURE 33 ASIA-PACIFIC: RING MAIN UNIT MARKET OVERVIEW 66
FIGURE 34 NORTH AMERICA: RING MAIN UNIT MARKET OVERVIEW 80
FIGURE 35 COMPANIES ADOPTED CONTRACTS & AGREEMENTS AS THE KEY GROWTH STRATEGY, 2012-2015 104
FIGURE 36 ORMAZABAL ACCOUNTED FOR THE MAXIMUM DEVELOPMENT SHARE IN THE RING MAIN UNIT MARKET IN 2014 105
FIGURE 37 MARKET EVALUATION FRAMEWORK 106
FIGURE 38 BATTLE FOR MARKET SHARE: CONTRACTS & AGREEMENTS WAS THE KEY STRATEGY, 2012-2015 107
FIGURE 39 REGION-WISE REVENUE MIX OF THE TOP 5 MARKET PLAYERS 111
FIGURE 40 ABB LTD.: COMPANY SNAPSHOT 112
FIGURE 41 ABB LTD.: SWOT ANALYSIS 114
FIGURE 42 EATON CORPORATION PLC.: COMPANY SNAPSHOT 115
FIGURE 43 EATON CORPORATION PLC.: SWOT ANALYSIS 117
FIGURE 44 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT 118
FIGURE 45 GENERAL ELECTRIC COMPANY: SWOT ANALYSIS 119
FIGURE 46 SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT 121
FIGURE 47 SCHNEIDER ELECTRIC SE: SWOT ANALYSIS 123
FIGURE 48 SIEMENS AG: COMPANY SNAPSHOT 124
FIGURE 49 SIEMENS AG: SWOT ANALYSIS 125
FIGURE 50 LARSEN & TOUBRO: COMPANY SNAPSHOT 128
FIGURE 51 LS INDUSTRIAL SYSTEMS CO. LTD.: COMPANY SNAPSHOT 130
“