Medium Voltage Ring Main Units Market

The global Medium Voltage Ring Main Units market was valued at 3341.51 Million USD in 2021 and will grow with a CAGR of 8.45% from 2021 to 2027, based on newly published report.

The prime objective of Medium Voltage Ring Main Units Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Medium Voltage Ring Main Units Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

In an electrical power distribution system, a ring main unit (RMU) is a factory assembled, metal enclosed set of switchgear used at the load connection points of a ring-type distribution network. It includes in one unit two switches that can connect the load to either or both main conductors, and a fusible switch or circuit breaker and switch that feed a distribution transformer. The metal enclosed unit connects to the transformer either through a bus throat of standardized dimensions, or else through cables and is usually installed outdoors. Ring main cables enter and leave the cabinet. This type of switchgear is used for medium-voltage power distribution.The ring main unit was introduced in the United Kingdom and is now widely used in other countries. In North American distribution practice, often the equivalent of a ring main unit is built into a pad-mounted transformer which integrates switches and transformer into a single cabinet. ABB is the leading manufacturer in the global Medium Voltage Ring Main Units market with the market share of 11.39%, in terms of revenue, followed by Schneider Electric, Siemens, Eaton, SOJO, CEEPOWER, Creative Distribution Automation, Toshiba, Larsen & Toubro, Daya Electric, TGOOD, HEZONG, G&W Electric, and Sevenstars Electric. These leading 14 companies accounted for 53.59% of the market share in 2019. Asia-Pacific is the largest downstream regions, occupied about 66.98% of market share, in terms of volume.

By Market Verdors:

ABB

Schneider Electric

Siemens

Eaton

SOJO

CEEPOWER

Creative Distribution Automation

Toshiba

Larsen & Toubro

Daya Electric

TGOOD

HEZONG

G&W Electric

Sevenstars Electric

By Types:

Solid Insulated

Gas Insulated

Air Insulated

By Applications:

Residential and Utilities

Industries

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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