Ring Main Unit Market Analysis and Research Report 2017-
2022
The report "Ring Main Unit Market by Type (Gas, Air, Oil, and Solid Dielectric), Installation
(Outdoor and Indoor), Application (Distribution Utilities, Industries, and Infrastructure &
Transportation), and by Region - Global Forecast to 2022", The ring main unit market is
expected to grow from an estimated USD 1.64 Billion in 2017 to USD 2.45 Billion by 2022, at a
CAGR of 8.35% from 2017 to 2022. The global market is set to witness a significant growth, due
to smart distribution networks and modernization of existing power infrastructure.
Browse 68 market data tables and 91 figures spread through 147 pages and in -depth TOC
on "Ring Main Unit Market by Type (Gas, Air, Oil, and Solid Dielectric), Installation
(Outdoor and Indoor), Application (Distribution Utilities, Industries, and Infrastructure &
Transportation), and by Region - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/ring-main-unit-market-51228954.html
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The gas insulated segment is expected to hold the largest share of the ring main unit
market, by type, during the forecast period
The applications of gas insulated ring main unit include power grids, wind power plants, railway
systems, underground installations, and mining applications. It is the largest segment, by type,
for the ring main unit market. Increasing power consumption in Asia-Pacific requires secure and
reliable source of power supply, which in turn is likely to drive the gas insulated ring mai n unit
market. Gas insulated ring main unit can be easily integrated with an existing system. Moreover,
these ring main units have SF6 as insulation medium, which is enclosed in a tank. All these factors
are expected to boost the gas insulated ring main unit market.
Distribution utilities to be the fastest growing application segment in the ring main unit
market
With regard to the application segment, the distribution utilities segment is expected to be the
fastest growing market from 2017 to 2022. The distribution utilities segment requires ring main
units for metering, measuring, for uninterrupted power supply, and to prevent damages to critical
equipment. Moreover, ring main units are vital for maintaining the stability of a grid system. The
distribution utilities segment is expected to exhibit the highest growth rate during the forecast