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Air Insulated Ring Main Unit Market Share

Report ID: GMI7256
Published Date: Nov 2023
Report Format: PDF

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Air Insulated Ring Main Unit Market Share

ABB commands a substantial share in the air insulated ring main unit business, distinguished for its extensive experience in engineering and producing diverse RMU technologies, encompassing gas insulated, air insulated, among others. With a rich history deeply rooted in the transmission & distribution sector, the company has delivered RMU solutions across a broad spectrum of applications, spanning utilities, industries, transportation, and infrastructure.

Some of the key market players operating across the air insulated ring main unit industry are:

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

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of air insulated ring main unit was reached USD 127.7 million in 2022 and is estimated to expand at 8.6% CAGR from 2023 to 2032, driven by the ongoing modernization and revamping of the existing grid infrastructure.

Motorized air insulated ring main unit market crossed USD 70 million in 2022 and is estimated to witness high demand through 2032, driven by their exceptional reliability across range of operating conditions.

North America held more than 22.4% of the air insulated ring main unit industry share in 2022 and is likely to expand at notable CAGR from 2023 to 2032, led by the increasing demand for refurbishing the existing grid network and the ongoing infrastructure investments.

ABB, G&W Electric, Lucy Group Ltd., Siemens, Schneider Electric, LS ELECTRIC Co., Ltd., Bonomi Eugenio SpA, alfanar Group, HD HYUNDAI ELECTRIC CO., LTD., Eaton, and Toshiba Energy Systems & Solutions Corporation, among others.