Non-Motorized Ring Main Unit Market Size - By Installation (Indoor, Outdoor), By Application (Distribution Utilities, Infrastructure), 2023

Description

List of Tables

Global Non-Motorized Ring Main Unit Market will witness 7.5% CAGR between 2023 and 2032 due to heightened environmental concerns and innovative sustainability efforts by industry leaders. With a focus on eco-friendly solutions, leading players drive the market forward by developing non-motorized units that minimize carbon footprint and energy consumption.

For instance, in April 2021, Siemens Smart Infrastructure unveiled the 8DJH 24 switchgear, a ring main unit (RMU) designed for line voltages up to 24 kilovolts (kV) that entirely excludes fluorinated gases. This medium-voltage switchgear maintains the compact dimensions of the SF6 variant but adopts the eco-friendly insulation medium "Clean Air," derived solely from natural components found in the atmosphere. At its core lies a three-position load-break switch with a vacuum interrupter in the auxiliary path (blue switch). This technological leap from Siemens eliminates SF6 and other fluorine-based gases, significantly reducing CO2 emissions for grid operators.

As sustainability becomes paramount, these advancements cater to a market seeking reliable, efficient, and environmentally conscious ring main units. The market's growth reflects a collective drive towards eco-conscious technologies in the power distribution sector.

The overall Non-Motorized Ring Main Unit Market share is classified based on installation, application, and region.

Outdoor segment will undergo significant development from 2023 to 2032. These units, designed for outdoor settings, cater to the diverse needs of various industries requiring reliable and robust power distribution in open environments. From utility sectors to industrial setups, the demand for non-motorized ring main units surges due to their resilience against outdoor conditions. This trend underscores the market's responsiveness to outdoor-specific requirements, emphasizing the need for durable, efficient, and weather-resistant solutions in diverse outdoor settings.

Non-Motorized ring main unit market size from the infrastructure segment will register a noteworthy CAGR from 2023 to 2032. These units stand as pivotal components in infrastructure development, offering dependable power distribution solutions. From urban expansions to industrial complexes, their role in supporting critical infrastructure projects drives their increasing demand. As infrastructure projects expand globally, the market witnesses heightened interest in non-motorized ring main units, emphasizing their reliability, efficiency, and adaptability to diverse infrastructure requirements, thus contributing significantly to robust and sustainable development.

Europe Non-Motorized ring main unit industry will showcase a commendable CAGR from 2023 to 2032. With a focus on efficient power distribution systems, these units cater to Europe's growing need for reliable, eco-friendly solutions. As the continent prioritizes infrastructure upgrades and renewable energy integration, the demand for non-motorized ring main units will witness an upward trend. Their contribution to efficient energy distribution aligns with Europe's sustainability goals, fostering a market landscape driven by innovation and eco-conscious infrastructure development across the region.

Product Code: 7450

Chapter 1 Methodology & Scope

1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid
  - 1.4.2.2 Public

Chapter 2 Executive Summary

2.1 Non-motorized ring main unit industry 360 degree synopsis, 2019 - 2032
- 2.1.1 Business trends
- 2.1.2 Installation trends
- 2.1.3 Application trends
- 2.1.4 Regional trends

Chapter 3 Non-Motorized Ring Main Unit Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Vendor matrix
3.2 Regulatory landscape
3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.2 Industry pitfalls & challenges
3.4 Growth potential analysis
3.5 Porter's Analysis
- 3.5.1 Bargaining power of suppliers
- 3.5.2 Bargaining power of buyers
- 3.5.3 Threat of new entrants
- 3.5.4 Threat of substitutes
3.6 PESTEL Analysis

Chapter 4 Competitive Benchmarking

4.1 Innovation & sustainability landscape
4.2 Competitive landscape, 2023
- 4.2.1 Strategic dashboard

Chapter 5 Non-Motorized Ring Main Unit Market, By Installation ('000 Units and USD Million)

5.1 Key installation trends
5.2 Indoor
5.3 Outdoor

Chapter 6 Non-Motorized Ring Main Unit Market, By Application ('000 Units and USD Million)

6.1 Key application trends
6.2 Distribution Utilities
6.3 Infrastructure
6.4 Others

Chapter 7 Non-Motorized Ring Main Unit Market, By Region ('000 Units and USD Million)

7.1 Key regional trends
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.2.3 Mexico
7.3 Europe
- 7.3.1 UK
- 7.3.2 Germany
- 7.3.3 Italy
- 7.3.4 Spain
- 7.3.5 France
- 7.3.6 Sweden
- 7.3.7 Greece
7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 India
- 7.4.3 Japan
- 7.4.4 South Korea
- 7.4.5 Australia
7.5 Middle East & Africa
- 7.5.1 Saudi Arabia
- 7.5.2 UAE
- 7.5.3 Kuwait
- 7.5.4 South Africa
- 7.5.5 Qatar
7.6 Latin America
- 7.6.1 Brazil
- 7.6.2 Chile
- 7.6.3 Peru
- 7.6.4 Argentina

Chapter 8 Company Profiles

8.1 ABB
8.2 Eaton
8.3 Schneider Electric
8.4 CG Power & Industrial Solutions Ltd.
8.5 Siemens
8.6 Lucy Group Ltd.
8.7 LS ELECTRIC Co. Ltd.
8.8 TIEPCO
8.9 HD HYUNDAI ELECTRIC CO., LTD.
8.10 Toshiba Energy Systems & Solutions Corporation
8.11 alfanar Group
8.12 CHINT Group
8.13 Electric & Electronic Co. Ltd.
8.14 Bonomi Eugenio SpA
8.15 Orecco