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Asia Pacific Gas Insulated Ring Main Unit Market Trends

  • Report ID: GMI6972
  • Published Date: Oct 2023
  • Report Format: PDF

Asia Pacific Gas Insulated Ring Main Unit Market Trends

The shift towards environmentally friendly alternatives to sulfur hexafluoride (SF6) gas, commonly used for insulation in RMUs, is on the rise to combat environmental concerns and lower greenhouse gas emissions. Manufacturers are exploring substitutes like dry air, nitrogen, and fluoronitrile-based gases, which have lower global warming potential and meet regulatory requirements. The incorporation of digital technologies, such as IoT, sensors, and data analytics, is increasingly prevalent in gas-insulated RMUs. These technologies enable remote monitoring, condition-based maintenance, and real-time data analysis, improving operational efficiency, predictive maintenance, and asset management.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market valuation of gas insulated ring main unit in APAC was surpassed USD 849.8 million in 2023 and is projected to grow at over 6.3% CAGR from 2024 to 2032, driven by the rising demand for electricity due to robust population growth, industrial expansion, and technological progress.

The indoor installation segment generated more than USD 450 million in 2022 and is estimated to exceed USD 860 million by 2032, attributed to the ongoing R&D investments for creating compact and intelligent control equipment.

China gas insulated RMU market will witness robust growth at over 5% CAGR from 2023 to 2032 driven by the ever-increasing urbanization and industrialization in the region.

Some of the key gas insulated ring main unit firms in APAC include ABB, Siemens, LS ELECTRIC Co., Ltd., Schneider Electric, Ormazabal, ELECTRIC&ELECTRONIC CO., LTD., CG Power & Industrial Solutions Ltd., Orecco, Eaton, Lucy Group Ltd., and HD Hyundai Electric Co., Ltd.,

Asia Pacific Gas Insulated Ring Main Unit Market Scope

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  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 254
  • Countries covered: 5
  • Pages: 220
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