Smart Ring Main Unit Market Size - By Insulation (Gas, Air, Oil, Solid-Di-Electric), By Position (2-3-4 Position, 5-6 Position, 7-10 Position), By Technology (Motorized RMU, Non - Motorized RMU), Installation, Component, Application & Global Forecast, 202
Smart Ring Main Unit Market Size - By Insulation (Gas, Air, Oil, Solid-Di-Electric), By Position (2-3-4 Position, 5-6 Position, 7-10 Position), By Technology (Motorized RMU, Non - Motorized RMU), Installation, Component, Application & Global Forecast, 2023 - 2032
Global Smart Ring Main Unit Market will witness over 8.6% CAGR between 2023 and 2032. The increasing need for efficient electricity distribution and management in urban areas due to rapid population growth fuels market demand. Smart ring main units offer advanced monitoring and control capabilities, addressing this need. Advancements in IoT technology and the need for grid reliability and safety contribute to the smart ring main unit market expansion,
The growing emphasis on renewable energy integration and grid modernization initiatives further propels the adoption of environmentally supportive ring main units. For instance, in April 2021, Siemens Smart Infrastructure unveiled the 8DJH 24 switchgear. This ring main unit (RMU) is designed for line voltages up to twenty-four kilovolts (kV). What sets it apart is its complete absence of fluorinated gases. This medium-voltage switchgear, used for secondary electrical distribution, maintains the compact dimensions of its sulfur hexafluoride (SF6) counterpart but utilizes the eco-friendly insulation medium Clean Air, derived entirely from natural components found in the surrounding environment. This innovation sets a new benchmark for sustainable power distribution.
The overall Smart Ring Main Unit Market is classified based on technology, application, and region.
The non-motorized RMU industry will undergo significant development from 2023 to 2032. Non-motorized RMUs play a vital role in enhancing the reliability and safety of electricity distribution networks. With the growing need for efficient and smart grid solutions, non-motorized RMUs are in high demand, offering advanced monitoring, control, and safety features. This demand is further fueled by the imperative to modernize and upgrade aging electrical infrastructure, supporting its contribution to the smart ring main unit market growth.
The infrastructure segment will register a noteworthy CAGR from 2023 to 2032. RMUs are essential components of modern electrical distribution systems, ensuring reliability and safety. As infrastructure projects, such as buildings, transportation networks, and industrial facilities, continue expanding, the need for efficient and smart RMUs grows. Their advanced features, remote monitoring, and control capabilities make them indispensable in infrastructure development, driving smart ring main unit market demand.
Europe smart ring main unit market will showcase an appreciable CAGR from 2023 to 2032. This growth is attributed to the continent's focus on modernizing and improving electrical grid infrastructure for enhanced efficiency and reliability. Stricter energy efficiency regulations and the need to integrate renewable energy sources further drive the adoption of smart RMUs. As a result, Europe stands as a prominent market for these advanced solutions.
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Market estimates and forecast parameters
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Executive Summary
2.1 Smart ring main unit industry 360 degree synopsis, 2019 - 2032
2.2 Business trends
2.3 Insulation trends
2.4 Position trends
2.5 Technology trends
2.6 Installation trends
2.7 Component trends
2.8 Application trends
2.9 Regional trends
Chapter 3 Smart Ring Main Unit Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Vendor Matrix
3.2 Regulatory landscape
3.2.1 Global
3.2.1.1 Relay standards for key regions
3.2.2 North America
3.2.2.1 U.S.
3.2.2.1.1 Sulphur Hexafluoride (SF6)
3.2.2.1.2 Key Elements of the Regulation
3.2.2.1.3 Environmental Objectives
3.2.2.1.4 Affected Entities
3.2.2.2 Canada
3.2.2.2.1 C22.2 NO. 31-14 - Switchgear assemblies
3.2.2.2.2 National Standard of Canada - Domestic
3.2.3 Europe
3.2.3.1 Low Voltage Circuit Breaker Standards
3.2.3.1.1 Harmonization
3.2.3.2 European Standards
3.2.3.3 EU-F-Gas-regulation 842/2006
3.2.3.3.1 Recovery
3.2.3.3.2 Recycling
3.2.3.3.3 Reclamation
3.2.3.3.4 Destruction
3.2.3.4 National regulation of fluorinated greenhouse gases and HFCs
3.2.3.5 UK
3.2.3.5.1 Disposal & post-maintenance
3.2.3.5.2 EU Directive 96/59/EC -Disposal of Polychlorinated Biphenyls and Polychlorinated Terphenyls
3.2.3.6 Germany
3.2.3.6.1 (IEC 62271-200: 2011); German version EN 62271-200: 2012
3.2.3.6.2 EU regulation of fluorinated greenhouse gases and HFCs
3.2.3.6.3 National regulation of fluorinated greenhouse gases and HFCs
3.2.3.7 France
3.2.3.7.1 Directive 96/92/EC
3.2.3.7.2 Directive 2003/54/EC
3.2.3.7.3 Directive 2009/72/EC
3.2.3.8 Russia
3.2.3.8.1 Technical Regulations (TR TC 032/2016)
3.2.4 Asia Pacific
3.2.4.1 China
3.2.4.1.1 The Electric Power Law of the People's Republic of China
3.2.4.1.2 China Compulsory Certification (CCC Marking) - Low Voltage Switchgear Products
3.2.4.1.3 Objective
3.2.4.1.4 13th Five-year Plan
3.2.4.2 Korea
3.2.4.3 India
3.2.4.3.1 Indian Electrical Equipment Industry Mission Plan 2012-2024
3.2.4.4 Japan
3.2.4.4.1 Electricity Deregulation
3.2.4.4.2 Development wide-area electrical grids
3.2.4.4.3 Liberalization of power generation
3.2.4.4.4 Neutralization of power transmission and distribution sector
3.2.5 Middle East & Africa
3.2.5.1 Saudi Arabia
3.2.5.1.1 SEC Distribution Materials Specifications
3.2.5.2 UAE
3.2.5.3 South Africa
3.2.5.3.1 Electrical Machinery Regulations
3.2.6 Latin America
3.2.6.1 Brazil
3.3 COVID- 19 impact on the industry outlook
3.3.1 Overall view
3.4 Industry impact forces
3.4.1 Growth drivers
3.4.1.1 North America
3.4.1.1.1 Rising demand for the refurbishment of existing grid infrastructure
3.4.1.1.2 Increasing infrastructural spending
3.4.1.2 Europe
3.4.1.2.1 Rapid deployment of renewable energy sources
3.4.1.2.2 Expansion and development of prevailing energy grid networks
3.4.1.3 Asia Pacific
3.4.1.3.1 Ongoing integration of renewables on a large-scale
3.4.1.3.2 Elevating demand for electricity
3.4.1.4 Middle East, Africa & Latin America
3.4.1.4.1 Rising energy demand
3.4.1.4.2 Rising investment and expenditure toward the development of new energy distribution networks
3.4.2 Industry pitfalls & challenges
3.4.2.1 Substantial initial deployment cost
3.5 Growth potential analysis
3.6 Porter's Analysis
3.6.1 Bargaining power of buyer
3.6.2 Bargaining power of supplier
3.6.3 Threat of new entrants
3.6.4 Threat of substitutes
3.7 PESTEL Analysis
Chapter 4 Competitive Benchmarking
4.1 Innovation & sustainability landscape
4.1.1 Eaton
4.1.2 Schneider Electric
4.1.3 Siemens
4.2 Competitive landscape, 2022
4.2.1 Strategy dashboard
4.2.1.1 ABB
4.2.1.1.1 Investment
4.2.1.1.2 Installation/Supply
4.2.1.1.3 Facility expansion
4.2.1.2 Eaton
4.2.1.2.1 Acquisition
4.2.1.3 Schneider Electric
4.2.1.3.1 Business expansion
4.2.1.4 Siemens
4.2.1.4.1 Acquisition
4.2.1.5 Lucy Group Ltd.
4.2.1.5.1 Installation/Supply
4.2.1.6 CHINT Group
4.2.1.6.1 Business expansion
Chapter 5 Smart Ring Main Unit Market, By Insulation
5.1 Key insulation trends
5.2 Gas
5.2.1 Global market from gas, 2019 - 2032
5.2.2 Global market from gas, by region, 2019 - 2032
5.3 Air
5.3.1 Global market from air, 2019 - 2032
5.3.2 Global market from air, by region, 2019 - 2032
5.4 Oil
5.4.1 Global market from oil, 2019 - 2032
5.4.2 Global market from oil, by region, 2019 - 2032
5.5 Solid-di-electric
5.5.1 Global market from solid-di-electric, 2019 - 2032
5.5.2 Global market from solid-di-electric, by region, 2019 - 2032
5.6 Others
5.6.1 Global market from others, 2019 - 2032
5.6.2 Global market from others, by region, 2019 - 2032
Chapter 6 Smart Ring Main Unit Market, By Position
6.1 Key position trends
6.2 2-3-4 position
6.2.1 Global market from 2-3-4 position, 2019 - 2032
6.2.2 Global market from 2-3-4 position, by region, 2019 - 2032
6.3 5-6 position
6.3.1 Global market from 5-6 position, 2019 - 2032
6.3.2 Global market from 5-6 position, by region, 2019 - 2032
6.4 7-10 position
6.4.1 Global market from 7-10 position, 2019 - 2032
6.4.2 Global market from 7-10 position, by region, 2019 - 2032
6.5 Others
6.5.1 Global market from others, 2019 - 2032
6.5.2 Global market from others, by region, 2019 - 2032
Chapter 7 Smart Ring Main Unit Market, By Technology
7.1 Key technology trends
7.2 Motorized RMU
7.2.1 Global market from motorized RMU, 2019 - 2032
7.2.2 Global market from motorized RMU, by region, 2019 - 2032
7.3 Non – motorized RMU
7.3.1 Global market from non – motorized RMU, 2019 - 2032
7.3.2 Global market from non – motorized RMU, by region, 2019 - 2032
Chapter 8 Smart Ring Main Unit Market, By Installation
8.1 Key installation trends
8.2 Indoor
8.2.1 Global market from indoor, 2019 - 2032
8.2.2 Global market from indoor, by region, 2019 - 2032
8.3 Outdoor
8.3.1 Global market from outdoor, 2019 - 2032
8.3.2 Global market from outdoor, by region, 2019 - 2032
Chapter 9 Smart Ring Main Unit Market, By Component
9.1 Key component trends
9.2 Switch & fuses
9.2.1 Global market from switch & fuses, 2019 - 2032
9.2.2 Global market from switch & fuses, by region, 2019 - 2032
9.3 Self-powered electronic relay
9.3.1 Global market from self-powered electronic relay, 2019 - 2032
9.3.2 Global market from self-powered electronic relay, by region, 2019 - 2032
9.3.3 Communicable
9.3.3.1 Global market from communicable, 2019 - 2032
9.3.3.2 Global market from communicable, by region, 2019 - 2032
9.3.3.3 Conventional CT/VT sensors
9.3.3.3.1 Global market from conventional CT/VT sensors, 2019 - 2032
9.3.3.3.2 Global market from conventional CT/VT sensors, by region, 2019 - 2032
9.3.3.4 Low power CT/VT sensors
9.3.3.4.1 Global market from low power CT/VT sensors, 2019 - 2032
9.3.3.4.2 Global market from low power CT/VT sensors, by region, 2019 - 2032
9.3.4 Non - communicable
9.3.4.1 Global market from non - communicable, 2019 - 2032
9.3.4.2 Global market from non - communicable, by region, 2019 - 2032
9.4 Automations RTU’s
9.4.1 Global market from automations RTU’s, 2019 - 2032
9.4.2 Global market from automations RTU’s, by region, 2019 - 2032
9.5 UPS
9.5.1 Global market from UPS, 2019 - 2032
9.5.2 Global market from UPS, by region, 2019 - 2032
9.6 Fault passage indictors/ short circuit indicators
9.6.1 Global market from fault passage indictors/ short circuit indicators, 2019 - 2032
9.6.2 Global market from fault passage indictors/ short circuit indicators, by region, 2019 - 2032
9.6.3 Communicable
9.6.3.1 Global market from communicable, 2019 - 2032
9.6.3.2 Global market from communicable, by region, 2019 - 2032
9.6.3.3 Conventional CT/VT sensors
9.6.3.3.1 Global market from conventional CT/VT sensors, 2019 - 2032
9.6.3.3.2 Global market from conventional CT/VT sensors, by region, 2019 - 2032
9.6.3.4 Low power CT/VT sensors
9.6.3.4.1 Global market from low power CT/VT sensors, 2019 - 2032
9.6.3.4.2 Global market from low power CT/VT sensors, by region, 2019 - 2032
9.6.4 Non-communicable
9.6.4.1 Global market from non-communicable, 2019 - 2032
9.6.4.2 Global market from non-communicable, by region, 2019 - 2032
9.7 VDIS
9.7.1 Global market from VDIS, 2019 - 2032
9.7.2 Global market from VDIS, by region, 2019 - 2032
Chapter 10 Smart Ring Main Unit Market, By Application
10.1 Key application trends
10.2 Distribution utilities
10.2.1 Global market from distribution utilities, 2019 - 2032
10.2.2 Global market from distribution utilities, by region, 2019 - 2032
10.2.3 Motorized RMU
10.2.3.1 Global market from motorized RMU, 2019 - 2032
10.2.3.2 Global market from motorized RMU, by region, 2019 - 2032
10.2.4 Non – motorized RMU
10.2.4.1 Global market from non – motorized RMU, 2019 - 2032
10.2.4.2 Global market from non – motorized RMU, by region, 2019 - 2032
10.3 Industries
10.3.1 Global market from industries, 2019 - 2032
10.3.2 Global market from industries, by region, 2019 - 2032
10.4 Infrastructure
10.4.1 Global market from infrastructure, 2019 - 2032
10.4.2 Global market from infrastructure, by region, 2019 - 2032
10.4.3 Motorized RMU
10.4.3.1 Global market from motorized RMU, 2019 - 2032
10.4.3.2 Global market from motorized RMU, by region, 2019 - 2032
10.4.4 Non – motorized RMU
10.4.4.1 Global market from non – motorized RMU, 2019 - 2032
10.4.4.2 Global market from non – motorized RMU, by region, 2019 - 2032
10.5 Transportation
10.5.1 Global market from transportation, 2019 - 2032
10.5.2 Global market from transportation, by region, 2019 - 2032
10.6 Others
10.6.1 Global market from others, 2019 - 2032
10.6.2 Global market from others, by region, 2019 - 2032
Chapter 11 Smart Ring Main Unit Market, By Region
11.1 Key regional trends
11.2 North America
11.2.1 North America market, 2019 – 2032
11.2.2 North America market by insulation, 2019 – 2032
11.2.3 North America market by position, 2019 – 2032
11.2.4 North America market by technology, 2019 – 2032
11.2.5 North America market by installation, 2019 – 2032
11.2.6 North America market by component, 2019 – 2032
11.2.6.1 North America market by self-powered electronic relay, 2019 – 2032
11.2.6.1.1 North America market by communicable, 2019 – 2032
11.2.6.2 North America market by fault passage indictors/ short circuit indicators, 2019 – 2032
11.2.6.2.1 North America market by communicable, 2019 – 2032
11.2.7 North America market by application, 2019 – 2032
11.2.7.1 North America market by distribution utilities, 2019 – 2032
11.2.7.2 North America market by infrastructure, 2019 – 2032
Similar information is provided for
11.2.8 U.S.
11.2.9 Canada
11.2.10 Mexico
11.3 Europe
11.3.1 Europe market, 2019 – 2032
11.3.2 Europe market by insulation, 2019 – 2032
11.3.3 Europe market by position, 2019 – 2032
11.3.4 Europe market by technology, 2019 – 2032
11.3.5 Europe market by installation, 2019 – 2032
11.3.6 Europe market by component, 2019 – 2032
11.3.6.1 Europe market by self-powered electronic relay, 2019 – 2032
11.3.6.1.1 Europe market by communicable, 2019 – 2032
11.3.6.2 Europe market by fault passage indictors/ short circuit indicators, 2019 – 2032
11.3.6.2.1 Europe market by communicable, 2019 – 2032
11.3.7 Europe market by application, 2019 – 2032
11.3.7.1 Europe market by distribution utilities, 2019 – 2032
11.3.7.2 Europe market by infrastructure, 2019 – 2032
Similar information is provided for
11.3.8 UK
11.3.9 Germany
11.3.10 Italy
11.3.11 Spain
11.3.12 France
11.3.13 Sweden
11.3.14 Greece
11.4 Asia Pacific
11.4.1 Asia Pacific market, 2019 – 2032
11.4.2 Asia Pacific market by insulation, 2019 – 2032
11.4.3 Asia Pacific market by position, 2019 – 2032
11.4.4 Asia Pacific market by technology, 2019 – 2032
11.4.5 Asia Pacific market by installation, 2019 – 2032
11.4.6 Asia Pacific market by component, 2019 – 2032
11.4.6.1 Asia Pacific market by self-powered electronic relay, 2019 – 2032
11.4.6.1.1 Asia Pacific market by communicable, 2019 – 2032
11.4.6.2 Asia Pacific market by fault passage indictors/ short circuit indicators, 2019 – 2032
11.4.6.2.1 Asia Pacific market by communicable, 2019 – 2032
11.4.7 Asia Pacific market by application, 2019 – 2032
11.4.7.1 Asia Pacific market by distribution utilities, 2019 – 2032
11.4.7.2 Asia Pacific market by infrastructure, 2019 – 2032
Similar information is provided for
11.4.8 China
11.4.9 India
11.4.10 Japan
11.4.11 South Korea
11.4.12 Australia
11.5 Middle East & Africa
11.5.1 Middle East & Africa market, 2019 – 2032
11.5.2 Middle East & Africa market by insulation, 2019 – 2032
11.5.3 Middle East & Africa market by position, 2019 – 2032
11.5.4 Middle East & Africa market by technology, 2019 – 2032
11.5.5 Middle East & Africa market by installation, 2019 – 2032
11.5.5.1 Middle East & Africa market by self-powered electronic relay, 2019 – 2032
11.5.5.1.1 Middle East & Africa market by communicable, 2019 – 2032
11.5.5.2 Middle East & Africa market by fault passage indictors/ short circuit indicators, 2019 – 2032
11.5.5.2.1 Middle East & Africa market by communicable, 2019 – 2032
11.5.6 Middle East & Africa market by application, 2019 – 2032
11.5.6.1 Middle East & Africa market by distribution utilities, 2019 – 2032
11.5.6.2 Middle East & Africa market by infrastructure, 2019 – 2032
Similar information is provided for
11.5.7 Saudi Arabia
11.5.8 UAE
11.5.9 Kuwait
11.5.10 South Africa
11.5.11 Qatar
11.6 Latin America
11.6.1 Latin America market, 2019 – 2032
11.6.2 Latin America market by insulation, 2019 – 2032
11.6.3 Latin America market by position, 2019 – 2032
11.6.4 Latin America market by technology, 2019 – 2032
11.6.5 Latin America market by installation, 2019 – 2032
11.6.6 Latin America market by component, 2019 – 2032
11.6.6.1 Latin America market by self-powered electronic relay, 2019 – 2032
11.6.6.1.1 Latin America market by communicable, 2019 – 2032
11.6.6.2 Latin America market by fault passage indictors/ short circuit indicators, 2019 – 2032
11.6.6.2.1 Latin America market by communicable, 2019 – 2032
11.6.7 Latin America market by application, 2019 – 2032
11.6.7.1 Latin America market by distribution utilities, 2019 – 2032
11.6.7.2 Latin America market by infrastructure, 2019 – 2032
Similar information is provided for
11.6.8 Brazil
11.6.9 Chile
11.6.10 Peru
11.6.11 Argentina
Chapter 12 Company Profiles
12.1 ABB
12.1.1 Business overview
12.1.2 Financial data
12.1.3 Product landscape
12.1.4 Strategic Outlook
12.1.5 SWOT Analysis
12.2 Eaton
12.2.1 Business overview
12.2.2 Financial data
12.2.3 Product landscape
12.2.4 Strategic Outlook
12.2.5 SWOT Analysis
12.3 Schneider Electric
12.3.1 Business overview
12.3.2 Financial data
12.3.3 Product landscape
12.3.4 Strategic Outlook
12.3.5 SWOT Analysis
12.4 CG Power & Industrial Solutions Ltd.
12.4.1 Business overview
12.4.2 Financial data
12.4.3 Product landscape
12.4.4 SWOT Analysis
12.5 Siemens
12.5.1 Business Overview
12.5.2 Financial Data
12.5.3 Product Landscape
12.5.4 Strategic Outlook
12.5.5 SWOT Analysis
12.6 Lucy Group Ltd.
12.6.1 Business Overview
12.6.2 Financial Data
12.6.3 Product Landscape
12.6.4 Strategic Outlook
12.6.5 SWOT Analysis
12.7 LS ELECTRIC Co., Ltd.
12.7.1 Business overview
12.7.2 Financial data
12.7.3 Product landscape
12.7.4 SWOT analysis
12.8 TIEPCO
12.8.1 Business Overview
12.8.2 Financial Data
12.8.3 Product Landscape
12.8.4 SWOT Analysis
12.9 HD HYUNDAI ELECTRIC CO., LTD.
12.9.1 Business Overview
12.9.2 Financial Data
12.9.3 Product Landscape
12.9.4 SWOT Analysis
12.10 Toshiba Energy Systems & Solutions Corporation