Global and United States Medium Voltage Ring Main Units Market Report & Forecast 2022-2028

In an electrical power distribution system, a ring main unit (RMU) is a factory assembled, metal enclosed set of switchgear used at the load connection points of a ring-type distribution network. It includes in one unit two switches that can connect the load to either or both main conductors, and a fusible switch or circuit breaker and switch that feed a distribution transformer. The metal enclosed unit connects to the transformer either through a bus throat of standardized dimensions, or else through cables and is usually installed outdoors. Ring main cables enter and leave the cabinet. This type of switchgear is used for medium-voltage power distribution.
The ring main unit was introduced in the United Kingdom and is now widely used in other countries. In North American distribution practice, often the equivalent of a ring main unit is built into a pad-mounted transformer which integrates switches and transformer into a single cabinet.
Market Analysis and Insights: Global and United States Medium Voltage Ring Main Units Market
This report focuses on global and United States Medium Voltage Ring Main Units market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Medium Voltage Ring Main Units market size is estimated to be worth US$ 4146.6 million in 2022 and is forecast to a readjusted size of US$ 6765.1 million by 2028 with a CAGR of 8.5% during the review period. Fully considering the economic change by this health crisis, by Type, Solid Insulated accounting for % of the Medium Voltage Ring Main Units global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Residential and Utilities was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
ABB is the leading manufacturer in the global Medium Voltage Ring Main Units market with the market share of 11.39%, in terms of revenue, followed by Schneider Electric, Siemens, Eaton, SOJO, CEEPOWER, Creative Distribution Automation, Toshiba, Larsen & Toubro, Daya Electric, TGOOD, HEZONG, G&W Electric, and Sevenstars Electric. These leading 14 companies accounted for 53.59% of the market share in 2019.
Asia-Pacific is the largest downstream regions, occupied about 66.98% of market share, in terms of volume.
Global Medium Voltage Ring Main Units Scope and Market Size
Medium Voltage Ring Main Units market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Medium Voltage Ring Main Units market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Medium Voltage Ring Main Units market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type
Solid Insulated
Gas Insulated
Air Insulated

Segment by Application
Residential and Utilities
Industries
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
ABB
Schneider Electric
Siemens
Eaton
SOJO
CEEPOWER
Creative Distribution Automation
Toshiba
Larsen & Toubro
Daya Electric
TGOOD
HEZONG
G&W Electric
Sevenstars Electric