Ring circuit

Global Ring Main Unit Market (2020 to 2025) - Growing Renewable Energy Sector Presents Opportunities

Retrieved on: 
Monday, July 6, 2020

7 Ring Main Unit Market, by Type

Key Points: 

7 Ring Main Unit Market, by Type
8 Ring Main Unit Market, by Installation
9 Ring Main Unit Market, by Application
10 Ring Main Unit Market, by Voltage Rating
11 Ring Main Unit Market, by Region

$2.5 Billion Ring Main Unit Industry to 2025 - Featuring ABB, Siemens & Eaton Among Others - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 1, 2020

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%.

Key Points: 
  • 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%.
  • Replacement of old power infrastructure is expected to provide growth opportunities for the ring main unit market.
  • Outdoor ring main units are demanded where there are no particular space constraints for the installation of ring main units.
  • Gas-insulated ring main units use SF6 gas and occupy less space than air and oil insulated ring main units.