© 2016 Global Market Insights. All Rights Reserved Ring Main Unit (Rmu) Market Share, Industry Analysis, & Forecast 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

© 2016 Global Market Insights. All Rights Reserved 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. Global Market Scenario of Ring Main Unit (Rmu)

© 2016 Global Market Insights. All Rights Reserved 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 EU’s 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 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.

© 2016 Global Market Insights. All Rights Reserved 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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