North America Gas Insulated Smart Ring Main Unit Market Size - By Technology (Motorized RMU, Non - Motorized RMU), By Component (Switch & Fuses, Automation RTUs, UPS, VDIS), By Application (Distribution Utilities, Infrastructure), Position & Forecast to 2032

North America Gas Insulated Smart Ring Main Unit Market Size

North America Gas Insulated Smart Ring Main Unit Market was valued at USD 345 million in 2022 and is set to register over 8.6% CAGR between 2023 and 2032. The increasing emphasis on the modernization and upgrade of aging electricity distribution infrastructure is propelling the demand for advanced RMUs that offer better operational efficiency and reliability. As per EIA, in 2022, renewable generation equalled over 646,028 thousand MWh in U.S., which is a substantial growth of over 800% from 2001. Moreover, the renewable generation across the nation has surpassed nuclear and coal generation in 2022, which creates a positive growth scenario for the smart technologies including RMUs.
 

There is a rising focus on environmental sustainability, which in turn is promoting the adoption of gas-insulated RMUs due to their lower environmental impact compared to traditional alternatives. The evolution of smart grid technologies, such as distribution automation and remote monitoring, further boosts the appeal of these RMUs, driving their market growth in North America. Additionally, the growing integration of renewable energy sources into the grid necessitates the use of smart RMUs to manage complex power flows and enhance grid resilience.

COVID– 19 Impact

The COVID-19 pandemic initially led to disruptions in the North America gas insulated smart ring main unit market, with supply chain interruptions and project delays. However, the market adapted by emphasizing remote monitoring and maintenance capabilities, which became more crucial during the pandemic. As the energy sector regained momentum and resilience, the demand for smart ring main units grew due to their role in enhancing grid reliability and managing evolving energy needs, particularly with the increasing focus on grid modernization and renewable energy integration. Thus, while the pandemic caused short-term challenges, it ultimately accelerated the adoption of smart RMUs in the region.
 

North America Gas Insulated Smart Ring Main Unit Market Trends

Several notable trends impacting the North America gas insulated smart ring main unit industry include a heightened focus on grid modernization and reliability. Environmental sustainability remains a significant driver, leading to a shift towards eco-friendly, SF6-free RMUs and a push for greater energy efficiency. The growing integration of renewable energy sources into the grid has also driven the need for more flexible and adaptable RMUs that can handle distributed energy resources effectively. Cybersecurity concerns are prompting the development of RMUs with robust security features to protect against cyber threats.
 

North America Gas Insulated Smart Ring Main Unit Market Analysis

The 2-3-4 position RMUs surpassed USD 165 million in 2022 and is expected to maintain a strong CAGR of over 8% until 2032. The push for grid modernization and the integration of renewable energy sources is increasing the demand for dependable, flexible, and reliable medium-voltage distribution solutions. The aging electrical infrastructure in North America compels the use of secure circuit breakers in 2-position RMUs to ensure the safe interruption of electrical circuits. Additionally, as solar and wind power gain prominence in the North American energy landscape, 3-position RMUs play a pivotal role in seamlessly switching between these intermittent energy sources while maintaining grid stability.
 

The motorized RMUs recorded USD 195 million in 2022 and is anticipated to exceed USD 485 million by 2032. These advanced RMUs offer numerous benefits, including enhanced automation and remote monitoring capabilities, which are increasingly sought after by utilities and industrial facilities in the region. Motorized RMUs enable efficient and precise control of electrical distribution networks, improving reliability and reducing downtime. The integration of smart technologies in RMUs allows for real-time data collection and analysis, leading to better asset management and more informed decision-making.
 

The North American gas-insulated smart ring main unit market comprises components such as switches, fuses, self-powered electronic relays, automation Remote Terminal Units (RTUs), Uninterruptible Power Supplies (UPS), fault passage indicators/short circuit indicators, and voltage-dependent interrupting switches. The market is experiencing significant growth, driven by the increasing adoption of automated RTU components. Automation is crucial for enhancing grid management, improving power distribution efficiency, and ensuring reliability. Smart RMUs with automated RTUs offer advanced monitoring, data analysis, and real-time communication, enabling precise control and rapid response to grid events.
 

Gas insulated smart Ring Main Units (RMUs) find versatile use in various sectors, including distribution utilities, industries, transportation, infrastructure, and more. In the North American market, significant growth is being fueled by distribution utilities. These utilities are vital for ensuring reliable power distribution, and they are increasingly investing in advanced RMUs to support grid modernization, renewable energy integration, and smart grid technologies. These intelligent RMUs offer improved grid management, remote control, and real-time monitoring, aligning with the region's goals of enhancing grid reliability and efficiency.
 

The smart RMU industry across U.S. is anticipated to witness over 8% growth rate between 2023 and 2032 owing to the increasing demand for reliable and efficient distribution of electricity, especially in urban areas, which in turn is spurring the adoption of smart grid technologies, including smart ring main units, to enhance grid resilience and optimize power distribution. Additionally, the need to integrate renewable energy sources and accommodate electric vehicles into the grid is promoting the deployment of smart grid solutions, with gas-insulated ring main units offering compact and environmentally friendly options.
 

North America Gas Insulated Smart Ring Main Unit Market Share

ABB maintains a dominant presence in the North American gas insulated smart ring main unit market due to its proven track record of delivering high-quality and innovative solutions that cater to the region's specific power distribution needs. With a strong commitment to sustainability and grid reliability, ABB's products are well-received by utilities and infrastructure projects across North America. Additionally, ABB's comprehensive range of services, technical expertise, and established customer relationships contribute to its superior position, making it the preferred choice for smart ring main unit solutions in the region.
 

The major contenders in the North America gas insulated smart ring main units market include:

• ABB
• Eaton
• Schneider Electric
• CG Power & Industrial Solutions Ltd.
• Siemens
• LS ELECTRIC Co., Ltd.
• HD HYUNDAI ELECTRIC CO., LTD.
• Toshiba Energy Systems & Solutions Corporation
• alfanar Group
• Ormazabal
• G&W Electric
• Alstom
• Zhejiang Volcano Electrical Technology Co.,Ltd
• NOJA Power Switchgear Pty Ltd

North America Gas Insulated Smart Ring Main Unit Market News

• ABB, in April 2023, revealed an ambitious expansion plan for the United States, which involves a substantial investment of approximately $170 million. The first step in this commitment is the construction of a cutting-edge service facility located in New Berlin, Wisconsin. ABB's objective with these initiatives is to strengthen its presence in the U.S. market and play a pivotal role in advancing the electrification and automation sectors. This significant financial injection is designated for enhancing ABB's manufacturing, innovation, and distribution capabilities, ultimately leading to the creation of numerous highly-skilled job opportunities.
   

This North America gas insulated smart ring main unit market research report includes in-depth coverage of the industry with estimates & forecast in terms of ‘000 Units and “USD Million” from 2019 to 2032, for the following segments:

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Market, By Position

• 2-3-4 Position
• 5-6 Position
• 7-10 Position
• Others

Market, By Component

• Switch & Fuses
• Self-Powered Electronic Relay
  • Communicable
    • Conventional CT/VT Sensors
    • Low Power CT/VT Sensors
  • Non-Communicable
• Automations RTU’s
• UPS
• Fault Passage Indictors/ Short Circuit Indicators
  • Communicable
    • Conventional CT/VT Sensors
    • Conventional CT/VT Sensors
  • Non-Communicable
• Voltage-Dependent Interrupting Switch

Market, By Technology

• Motorized RMU
• Non – Motorized RMU

Market, By Application

• Distribution Utilities
  • Motorized RMU
  • Non – Motorized RMU
• Industries
• Infrastructure
  • Motorized RMU
  • Non – Motorized RMU
• Transportation
• Others

The above information has been provided for the following countries:

• U.S.
• Canada
• Mexico