Aug 17, 2022   SOURCE: BusinessWire

Ring Main Unit Market Intelligence Report 2022: A $2.4 Billion Market in 2021 - Global Forecast to 2027 - ResearchAndMarkets.com

The "Ring Main Unit Market Intelligence Report - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The Global Ring Main Unit Market is projected to reach USD 3,939.34 million by 2027 from USD 2,408.53 million in 2021, at a CAGR 8.54% during the forecast period.

In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

The report on ring main unit identifies key attributes about the customer to define the potential market and identify different needs across the industry.

Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. This market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience.

This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

Key Findings

  • The Americas Ring Main Unit Market size was estimated at USD 666.44 million in 2021, is expected to reach USD 711.19 million in 2022, and is projected to grow at a CAGR of 7.92% to reach USD 1,053.18 million by 2027.
  • The Asia-Pacific Ring Main Unit Market size was estimated at USD 891.15 million in 2021, is expected to reach USD 976.68 million in 2022, and is projected to grow at a CAGR of 8.95% to reach USD 1,490.62 million by 2027.
  • The Europe, Middle East & Africa Ring Main Unit Market size was estimated at USD 850.93 million in 2021, is expected to reach USD 923.92 million in 2022, and is projected to grow at a CAGR of 8.59% to reach USD 1,395.53 million by 2027.

Company Usability Profiles:

  • ABB Ltd.
  • Alfanar Group
  • China Transpowers Electric Co., Limited
  • Eaton Corporation PLC
  • Entec Electric & Electronic
  • EPE Malaysia
  • General Electric Company
  • Hunan Electric Union
  • Indkom Engineering
  • LS Electric Co., Ltd.
  • Lucy Electric Limited by Lucy Group Ltd.
  • Natus GmbH & Co. KG
  • Orecco Electric
  • Ormazabal
  • Rockwill Electric Group
  • Schneider Electric SE
  • Siemens AG
  • Switchgear Company
  • TIEPCO
  • Yokogawa Electric Corporation
  • Yueqing Liyond Electric Co., Ltd.

Market Segmentation & Coverage

Type:

  • Air Insulated
  • Gas Insulated
  • Oil Insulated
  • Solid Dielectric Material

Installation:

  • Indoor
  • Outdoor

Voltage Rating:

  • 16-25 kV
  • Above 25 kV
  • Up to 15 kV

Application:

  • Commercial
  • Distribution Utility
  • Industrial

Region:

  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
  • Europe, Middle East & Africa
    • France
    • Germany
    • Italy
    • Netherlands
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • United Arab Emirates
    • United Kingdom

For more information about this report visit https://www.researchandmarkets.com/r/53jul3