Ring Main Unit Market 2021 by Companies, Key Applications, Industry Growth, Forecast 2025

by Nisha Jain
Posted: Sep 30, 2021

"The Ring Main Unit Market report offers a thorough analysis on the market status and forecasts the upcoming market size of the Ring Main Unit industry by analyzing the historical data. "

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The global ring main unit market is projected to reach USD 2.5 billion by 2025, at a CAGR of 9.3% from 2020 to 2025

The global ring main unit market is estimated to be USD 1.6 billion in 2020 and projected to reach USD 2.5 billion by 2025, at a CAGR of 9.3%. The modernization of infrastructure in the US and the growing adoption of renewable energy in China are the major driving factors for the overall ring main unit market growth.

The global ring main unit market is dominated by a few major players that have an extensive regional presence. The leading players include -

ABB (Switzerland), Schneider Elecctric (France), Eaton (Ireland), Lucy Electric (UK), Larsen & Toubro (India), Siemens (Germany), C&S Electric (India), LS Electric (South Korea), Ormazabal (Spain), TIEPCO (Saudi Arabia), and ENTEC Electric & Electronic (South Korea).

The distribution of primary interviews is as follows:

By Company Type: Tier I–65%, Tier II–24%, and Tier III–11%
By Designation: C-level–30%, Managers–25%, and Others*–45%
By Region: Asia Pacific–33%, North America–27%, Europe–20%, Middle East?9%, South America?7%, Africa?4%

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Breakdown of Primaries:

In-depth interviews were conducted with key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as assess future market prospects.

This report presents the worldwide Ring Main Unit Market size (value, production and consumption), splits the breakdown (data status 2016-2021 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

Major Points from Table of Contents

1 Introduction

1.1 Objectives Of The Study

1.2 Definition

1.2.1 Ring Main Unit Market, By Installation: Inclusions & Exclusions

1.2.2 Ring Main Unit Market, By Application: Inclusions & Exclusions

1.2.3 Ring Main Unit Market, By Voltage Rating: Inclusions & Exclusions

1.3 Market Scope

1.3.1 Market Segmentation

1.3.2 Regional Scope

1.4 Years Considered For The Study

1.5 Currency

1.6 Limitations

1.7 Stakeholders

1.8 Summary Of Changes

1.8.1 Demand Has Not Increased As Expected

2 Research Methodology

2.1 Research Data

2.1.1 Secondary Data

2.1.1.1 Key Data From Secondary Sources

2.1.2 Primary Data

2.1.2.1 Key Data From Primary Sources

2.1.2.2 Breakdown Of Primaries

2.2 Scope

2.3 Market Size Estimation

2.3.1 Demand-Side Analysis

2.3.1.1 Calculation

2.3.1.2 Assumptions

2.3.2 Supply-Side Analysis

2.3.2.1 Calculation

2.3.2.2 Assumptions

2.3.3 Forecast

2.4 Market Breakdown And Data Triangulation

2.5 Primary Insights

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities In The Ring Main Unit Market During The Forecast Period

4.2 Ring Main Unit Market, By Region

And More…

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