Ring Main Unit Market – Global Industry Analysis 2025 - PowerPoint PPT Presentation

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Ring Main Unit Market – Global Industry Analysis 2025


[169 Pages Report] The global ring main unit market size is projected to reach USD 2.5 billion by 2025 from an estimated value of USD 1.6 billion in 2020, at a CAGR of 9.3% during the forecast period. Capacity additions, increasing electricity demand, and industrialization projects in the countries such as China, Japan, India, and South Korea are the main reasons spurring the growth of the ring main unit market in the region. In India, factors such as rural electrification, adoption of smart grids, and substation automation projects are increasing the demand for ring main units. – PowerPoint PPT presentation

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