Report Predicts Ring Main Unit Market Size May Reach $3B by 2024

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Ring Main Unit Industry Insights, Market Overview and Research Report 2024: Fractovia Ring Main Unit Market 2018-2024: This research reviews the overall ring main unit industry, which according to a report by Global Market Insights, Inc., the annual installation is set to exceed 400’ 000 units by 2024 and to hit the $3bn revenue mark. Growth Drivers: • • • • •

Favorable government initiatives/targets toward renewable integration Growing electricity demand Rising investments across rural electrification Expansion of micro-grid networks Increasing infrastructural spending

Segmentations covered under Ring Main Unit Market Report based on Insulation: • • • • •

Gas Air Oil Solid di-electric Others

Key Data Points from Ring Main Unit Market Analysis: Rising investments toward infrastructural development subject to pervasive residential and commercial establishments across developing regions will stimulate the ring main unit market size. Solid di-electric ring main unit market is set to exceed an annual installation of over 20,000 units by 2024. Switch & Fuse in line with lower costs and reliable operations across high tension applications has witnessed appreciable penetration across the ring main unit market. 3-position ring main unit market in 2016, was valued over USD 700 million on account of rapid commercialization and residential establishments across developing regions.

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China ring main unit market is projected to value over USD 300 million by 2024.

Europe Ring Main Unit Market Size, By Insulation, 2016 & 2024 (‘000 Units)

Regional Data Coverage under Ring Main Unit Market: 1. 2. 3. 4. 5.

North America (U.S., Canada & Mexico) Asia Pacific (China, South Korea, India, Japan, Australia & Malaysia) Europe (UK, Germany, France, Spain, Italy, & Russia) Latin America (Brazil, Chile & Venezuela) Middle East & Africa (Saudi Arabia, UAE, Kuwait, Qatar, South Africa & Nigeria)

Key Company Profiled in this Research Report: ABB, General Electric, Eaton, Schneider Electric, Siemens AG, Crompton Greaves, Larsen & Toubro, Lucy Electric, LSIS Co. Ltd., TIEPCO, C&S Electric Ltd., Entec Electric & Electronic Co. Ltd., & Ormazabal. Key Chapters Covered: • • • • • • • • • •

Methodology Executive Summary Ring Main Unit Industry Insights Ring Main Unit Market, By Insulation Ring Main Unit Market, By Position Ring Main Unit Market, By Installation Ring Main Unit Market, By Component Ring Main Unit Market, By Application Ring Main Unit Market, By Region Company Profiles

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Table of Content of Ring Main Unit Market: Chapter 1. Methodology and Scope 1.1. Methodology 1.1.1. Initial data exploration 3|Page


1.1.2. Statistical model and forecast 1.1.3. Industry insights and validation 1.1.4. Market definition & forecast parameters 1.2. Data sources 1.2.1. Primary 1.2.2. Secondary Chapter 2. Executive Summary 2.1. Ring Main Unit industry 3600 synopsis, 2013 – 2024 2.1.1. Business trends 2.1.2. Insulation trends 2.1.3. Position trends 2.1.4. Installation trends 2.1.5. Component trends 2.1.6. Application trends 2.1.7. Regional trends Chapter 3. Ring Main Unit Industry Insights 3.1. Industry segmentation 3.2. Industry landscape, 2013 - 2024 3.3. Industry ecosystem analysis 3.3.1. Vendor matrix 3.4. Import and export Landscape 3.4.1. Low Voltage protection and control equipment 3.4.2. High Voltage protection and control equipment 4|Page


3.5. Price Trend Analysis 3.6. Innovation and technology landscape 3.7. Regulatory landscape 3.7.1. U.S. 3.7.2. Europe 3.7.3. China 3.8. Relay standards for key regions 3.9. List of key potential customers 3.10.

Relay model and switchgear brand for leading industry players

3.11.

Comparative Analysis 3.11.1. Fuse & Self-powered Electronic Relays

3.12. Switchgear trend analysis 3.12.1. Self-powered relay and circuit breaker 3.12.2. Switches and fuses 3.13. Historic trend analysis, (1995-2016) 3.14.

Key laboratories across major countries

3.15.

Industry impact forces 3.15.1. Growth drivers 3.15.1.1. Favorable government initiatives/targets toward renewable integration 3.15.1.2. Growing electricity demand 3.15.1.3. Rising investments across rural electrification 3.15.1.4. Expansion of micro-grid networks

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3.15.1.5. Increasing infrastructural spending 3.15.2. Industry pitfalls & challenges 3.15.2.1. Volatile raw material costs 3.16. Porter's analysis 3.17.

Growth potential analysis

3.18.

Competitive landscape, 2016 3.18.1. Strategy dashboard

3.19. PESTEL analysis About Fractovia.org: Fractovia.org is one of India's leading in-house and free news portal. It is fully automated, and operates on a constant premise, interfacing with news sites and offering redesigned breaking features to readers across the globe. Our mission is to offer individuals opportunities for connections with news writers and distributors which they can pursue. We operate by mapping articles pertaining to breaking news, constantly and progressively, against a predetermined word-based theme, offering important connections to readers and clients, as well as distributors.

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