PPT for Ring Main Unit Market Research Update, 2017

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Ring Main Unit (Rmu) Market Share, Industry
Analysis, Forecast 2017-2024
Ring Main Unit Market Size, Industry Analysis
Report, Regional Outlook (U.S., Canada, Mexico,
UK, France, Germany, China, India, Japan,
Vietnam, Malaysia, Saudi Arabia, UAE, Qatar,
Kuwait, Brazil, Chile, Venezuela, South Africa,
Zimbabwe), Application Development Potential,
Price Trends, Competitive Market Share
Forecast, 2017 2024
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Global Market Scenario of Ring Main Unit (Rmu)

• Global Ring Main Unit (Rmu) Market size is
  anticipated to witness a high growth owing to
  increasing electricity consumption and
  restructuring of existing infrastructure.
• In 2016, China witnessed 5 increase in total
  electricity consumption reaching a value of 5920
  terawatt-hours (TWh) as per the National Energy
  Administration (NEA).
• Asia-Pacific is predicted to witness the highest
  growth during the forecast timeframe owing to
  increasing demand for electricity and power
  generation.
• China and India are leading the ring main unit
  market in the region owing to increasing demand
  for rural electrification, power capacity
  additions and implementation of smart grids.
• Southeast Asian countries led by Japan, are
  strategizing to expand their power infrastructure
  at a rapid scale to establish an active
  distributary network. Additionally, countries
  including Vietnam, Malaysia, Indonesia hold high
  growth potential in the ring main unit market.
• The Government of India has sanctioned a plan to
  supply uninterrupted electricity for each state
  and emphasizing on energy efficiency and green
  power under its Power for All (PFA) venture.

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• Product Analysis-
• Gas insulated, oil insulated, air insulated and
  solid dielectric RMUs are the primary available
  RMUs in the global ring main unit market. Gas
  insulated (GI) RMUs account for the major share
  in the ring main unit market owing to its
  increasing adoption in underground installations,
  power grids, railway systems, wind power plant,
  mining and others. The GI RMUs can be easily
  incorporated in the existing system and requires
  comparatively lesser space. The GI ring main
  units are generally preferred where there is a
  time constraint to commission the project.
• Regional Trends-
• Europe is anticipated to be a significant ring
  main unit market pertaining to the growing focus
  towards the renewable sector. The EUs Renewable
  Energy Directive enacted a legislation for the
  advancement and production of energy from
  renewable sources. The directive requires the EU
  Member States to achieve a minimum of 20 of
  their total energy demand with renewables by 2020
  through the attaining individual national
  targets.
• All EU nations are required to ensure that a
  minimum of 10 percent of the transportation fuels
  are produced from renewable sources by 2020. In
  November 2016, the Commission proposed a revised
  Renewable Energy Directive which requires the
  European Union to ensure at least 27 renewables
  in the final energy consumption by 2030.

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• Competitive Trends
• Some of the key players in the global ring main
  unit market are ABB, Siemens, General Electric,
  Schneider Electric, Eaton, Larsen Toubro, LSIS,
  Entec, Lucy Electric, Toshiba, Ormazabal,
  Yashmun, Tiepco, Honeywell, Yokogawa Electric,
  Rockwell Automation, Azbil, NovaTech Process.

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