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Europe Gas Insulated Smart Ring Main Unit Market Share

Report ID: GMI7111
Published Date: Oct 2023
Report Format: PDF

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Europe Gas Insulated Smart Ring Main Unit Market Share

ABB maintains a prominent position in the European gas insulated smart ring main unit (RMU) market, leveraging several strategic advantages. Renowned for its innovation, ABB consistently introduces state-of-the-art RMU solutions tailored to meet the evolving grid and energy requirements in Europe. Their strong commitment to sustainability aligns with the region's shift towards green energy, offering environmentally-friendly RMUs. ABB's expansive network and robust after-sales support significantly contribute to customer satisfaction and loyalty. Furthermore, their ability to cater to diverse market segments, ranging from urban to rural areas, positions them as a versatile RMU provider in Europe.

The major contenders in the Europe gas insulated smart ring main units industry include:

ABB
Eaton
Schneider Electric
CG Power & Industrial Solutions Ltd.
Siemens
Lucy Group Ltd.
LS ELECTRIC Co., Ltd.
HD HYUNDAI ELECTRIC CO., LTD.
Toshiba Energy Systems & Solutions Corporation
alfanar Group
Orecco
Ormazabal
G&W Electric
Alstom

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of gas insulated ring main unit in Europe was worth 413.9 million in 2023 and is anticipated to reach over USD 914.9 million by 2032.

Motorized RMUs segment was valued at USD 250 million in 2022 and is projected to surpass USD 640 million by 2032 owing to their capacity to enhance operational efficiency and control.

France gas insulated smart RMU market is projected to record more than 7.5% CAGR from 2023 to 2032, owing to the country’s dedication to reducing greenhouse gas emissions and transitioning to renewable energy sources.

ABB, Eaton, Schneider Electric, CG Power & Industrial Solutions Ltd., Siemens, Lucy Group Ltd., LS ELECTRIC Co., Ltd., HD HYUNDAI ELECTRIC CO., LTD., Toshiba Energy Systems & Solutions Corporation, alfanar Group, Orecco, Ormazabal, G&W Electric, and Alstom.