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Asia Pacific Gas Insulated Smart Ring Main Unit Market Share

Report ID: GMI6776
Published Date: Sep 2023
Report Format: PDF

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Asia Pacific Gas Insulated Smart Ring Main Unit Market Share

Major players operating in the Asia Pacific gas insulated smart ring main unit market include

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

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of gas insulated ring main unit in APAC was worth USD 505.7 million in 2023 and may reach over USD 999.1 million by 2032, due to the rapid urbanization and industrialization trends in the region.

Demand for 2-3-4 position gas insulated ring main units in the APAC will witness over 7% CAGR from 2023 to 2032, on the account of their dependable and flexible nature along with robust ability to offer secure medium-voltage distribution solutions.

China gas insulated RMU industry size will record more than 6.5% CAGR from 2023 to 2032, owing to the growing emphasis on grid modernization and digitalization, driven by the need for more efficient, reliable, and sustainable electrical distribution networks.

Lucy Group Ltd., Siemens, Electric & Electronic Co., Ltd., Schneider Electric, HD HYUNDAI ELECTRIC CO., LTD., ABB, Toshiba Energy Systems & Solutions Corporation, among others.