HNY Research projects that the Ring Main Unit market size will grow from USD 1.66 Billion in 2017 to USD 2.69 Billion by 2023, at an estimated CAGR of 8.38%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. This growth is attributed to modernization of existing power infrastructure and huge electricity demand in developing countries. Investments for renewable power generation in Asia-Pacific countries have been planned to meet the rising power demand. These investments in turn are going to boost the demand for ring main units.The ring main unit market is segmented based on type, into gas insulated, air insulated, oil insulated, and solid dielectric insulated. The gas insulated segment accounted for the largest market size in 2017. This segment is expected to grow at the fastest growth rate from 2018 to 2023, owing to increasing application of gas insulated ring main units in power grids, underground installations, wind power plants, and mining applications. Moreover, gas insulated ring main units are compact in size and have better functionality compared to other types of ring main units. The gas insulated ring main unit market is expected to witness the maximum growth in the Asia-Pacific region. By Market Players: ABB Ltd.?, Schneider Electric SE?, Eaton Corporation PLC.?, Siemens AG?, General Electric Company?, Lucy Electric?, Larsen & Toubro Limited?, LS Industrial Systems Co., Ltd.?, Ormazabal?, Tiepco?, C&S Electric Limited?, Crompton Greaves Ltd?, Enetec Electric & Electronic Co., Ltd.?, , , , , , , By Type Gas Insulated Ring Main Unit?, Air Insulated Ring Main Unit?, Oil Insulated Ring Main Unit?, Solid Dielectric Insulated Ring Main Unit, By Installation Outdoor Ring Main Unit?, Indoor Ring Main Unit, , , By Application Distribution Utilities?, Industries?, Infrastructure and Transportation, , By , , , , The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better. Points Covered in The Report: The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc. The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023. The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail. Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements. The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included. Key Reasons to Purchase To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape. Assess the production processes, major issues, and solutions to mitigate the development risk. To understand the most affecting driving and restraining forces in the market and its impact in the global market. Learn about the market strategies that are being adopted by leading respective organizations. To understand the future outlook and prospects for the market. Besides the standard structure reports, we also provide custom research according to specific requirements.
Chapter 1 Industry Overview 1.1 Definition 1.2 Brief Introduction by Major Type 1.2.1 Gas Insulated Ring Main Unit? 1.2.2 Air Insulated Ring Main Unit? 1.2.3 Oil Insulated Ring Main Unit? 1.2.4 Solid Dielectric Insulated Ring Main Unit 1.2.5 1.3 Brief Introduction by Major Installation 1.3.1 Outdoor Ring Main Unit? 1.3.2 Indoor Ring Main Unit 1.3.3 1.3.4 1.3.5 1.4 Brief Introduction by Major R
