Asia Pacific Gas Insulated Ring Main Unit Market Size - By Installation (Indoor, Outdoor), By Component (Switch & Fuses, Self-Powered Electronic Relay), By Application (Distribution Utilities, Industries, Infrastructure, Transportation), By Position & Forecast, 2024 – 2032

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.,

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.

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.