Global Medium Voltage Ring Main Units Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Medium Voltage Ring Main Units Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Medium Voltage Ring Main Units market size was valued at US$ 4267 million in 2023 and is forecast to a readjusted size of USD 7411 million by 2030 with a CAGR of 8.3% during review period.

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.

This report is a detailed and comprehensive analysis for global Medium Voltage Ring Main Units market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Medium Voltage Ring Main Units market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030

Global Medium Voltage Ring Main Units market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030

Global Medium Voltage Ring Main Units market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030

Global Medium Voltage Ring Main Units market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (K USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Medium Voltage Ring Main Units

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Medium Voltage Ring Main Units market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Schneider Electric, Siemens, Eaton, SOJO, CEEPOWER, Creative Distribution Automation, Toshiba, Larsen & Toubro, Daya Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Medium Voltage Ring Main Units market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Solid Insulated
Gas Insulated
Air Insulated

Market segment by Application
Residential and Utilities
Industries
Others

Major players covered
ABB
Schneider Electric
Siemens
Eaton
SOJO
CEEPOWER
Creative Distribution Automation
Toshiba
Larsen & Toubro
Daya Electric
TGOOD
HEZONG
G&W Electric
Sevenstars Electric

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Medium Voltage Ring Main Units product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Medium Voltage Ring Main Units, with price, sales quantity, revenue, and global market share of Medium Voltage Ring Main Units from 2019 to 2024.

Chapter 3, the Medium Voltage Ring Main Units competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Medium Voltage Ring Main Units breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Medium Voltage Ring Main Units market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Medium Voltage Ring Main Units.

Chapter 14 and 15, to describe Medium Voltage Ring Main Units sales channel, distributors, customers, research findings and conclusion.