Home > Energy & Power > Electrical Equipment > Ring Main Unit > Non-Motorized Ring Main Unit Market

Non-Motorized Ring Main Unit Market Share

Report ID: GMI7450
Published Date: Nov 2023
Report Format: PDF

Download Free Sample

Non-Motorized Ring Main Unit Market Share

ABB maintains a leading position in the non-motorized RMU segment due to several key factors. Their extensive expertise and well-established presence in the power distribution sector position them as a trusted and dependable provider. ABB's RMUs feature advanced technological capabilities such as remote monitoring, fault detection, and smart functions, catering to the evolving needs of utilities and industries. Their global presence enables tailored solutions to meet diverse market requirements, backed by a strong network of service and support. A commitment to innovation, strict adherence to safety standards, and a focus on sustainable, energy-efficient solutions further reinforce ABB's dominance in the non-motorized RMU market.

Some of the key market players operating across the non-motorized ring main unit industry are:

ABB
Eaton
Schneider Electric
CG Power & Industrial Solutions Ltd.
Siemens
Lucy Group Ltd.
LS ELECTRIC Co. Ltd.
TIEPCO
HD HYUNDAI ELECTRIC CO., LTD.
Toshiba Energy Systems & Solutions Corporation
alfanar Group
CHINT Group
Electric & Electronic Co. Ltd.
Bonomi Eugenio SpA
Orecco

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of non-motorized ring main unit was surpassed USD 700 million in 2022 and is projected to grow at 7.5% CAGR from 2023 to 2032, due to the increasing emphasis on sustainable energy solutions and the rising demand for reliable power distribution infrastructure in urban and rural areas.

Non-motorized ring main unit market from the distribution utilities application segment reached USD 340 million in 2022 and is expected to witness continued growth up to 2032, due to the escalating global need for enhanced distribution networks.

Asia Pacific non-motorized ring main unit market is expected to gain significant traction through 2032, owing to the rapid urbanization, particularly in countries like China and India.

ABB, Eaton, Schneider Electric, CG Power & Industrial Solutions Ltd., Siemens, Lucy Group Ltd., LS ELECTRIC Co. Ltd., TIEPCO, HD HYUNDAI ELECTRIC CO., LTD., Toshiba Energy Systems & Solutions Corporation, and alfanar Group are some key non-motorized ring main unit companies.