Global Ring Main Units (RMU) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Ring Main Units (RMU) market size was valued at US$ 3070 million in 2024 and is forecast to a readjusted size of USD 4431 million by 2031 with a CAGR of 5.5% during review period.
Ring Main Unit is a group of transmission and distribution electrical equipment (high-voltage switchgear) installed in metal or non-metal insulated cabinet or made into assembled interval ring network power supply unit electrical equipment, its core part of the load switch and fuse, with simple structure, small size, low price, can improve power supply parameters and performance and power supply safety and other advantages. It is widely used in urban residential quarters, high-rise buildings, large public buildings, factories and enterprises, photovoltaic power generation and other load centers of the distribution station and box-type substation.
The global key manufacturers of Ring Main Unit (RMU) include ABB, Schneider Electric and Siemens, etc, top 3 manufacturers hold a share approximately 36%. ABB is the world's largest Ring Main Unit (RMU) manufacturer, with a market share of more than 14%. North America, Europe and China are the major Ring Main Unit (RMU) market, they have a market share of more than 63%. China is the largest market with a share of 29%. In terms of product type, Gas Insulation is the largest market segment with a share of more than 44%. In terms of applications, Power Transmission Distribution is the largest downstream segment, with a market share of about 90%.
The driving factors of the ring main unit (RMU) market mainly include the following aspects:
1. Technological innovation and product upgrade
With the continuous advancement of science and technology, ring main unit products are undergoing innovations in intelligence, networking, high reliability, energy saving and environmental protection. Enterprises increase investment in research and development and launch more competitive and adaptable products to meet the growing market demand. For example, the new ring main unit adopts more advanced insulation materials and switch technology, which improves the reliability and safety of the product, while reducing energy consumption and operating costs.
2. Demand for power grid transformation and equipment renewal
As the domestic power grid transformation process continues to accelerate and the demand for power grid equipment renewal continues to rise, the market demand for ring main units, as an important part of the distribution network power supply system, continues to increase. Power grid transformation and equipment renewal have brought a large number of ring main unit procurement needs, which has promoted the development of the market.
3. Policy support and market demand
The government's increased investment and support for power grid construction, as well as the society's increasing requirements for the reliability and safety of power supply, have also provided strong support for the development of the ring main unit market. At the same time, with the acceleration of urbanization and the improvement of residents' living standards, the demand for power supply is also increasing, which provides a broad market space for the ring main unit market.
4. Expansion of application fields
Ring main units are not only widely used in distribution stations and box-type substations in urban residential areas, high-rise buildings, large public buildings, factories and enterprises, but also gradually expanded to new energy fields such as photovoltaic power generation and wind power generation. The continuous expansion of these emerging application fields has brought new growth points to the ring main unit market.
5. Globalization and market competition
The trend of globalization has promoted international competition in the ring main unit market. Internationally renowned manufacturers such as ABB, Schneider Electric, Siemens, etc., with their brand advantages and technical strength, occupy an important position in the global market. At the same time, Chinese local companies are also constantly strengthening technological innovation and market expansion, and gradually forming a competitive situation with international manufacturers. This competition has promoted the continuous optimization of products and the prosperity and development of the market.
In summary, technological innovation and product upgrades, power grid transformation and equipment renewal needs, policy support and market demand, application field expansion, globalization and market competition are the main driving factors for the development of the ring main unit market. In the future, with the advancement of science and technology and the continuous expansion of the market, the ring main unit market is expected to continue to maintain a steady growth trend.
This report is a detailed and comprehensive analysis for global Ring Main Units (RMU) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Ring Main Units (RMU) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Ring Main Units (RMU) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Ring Main Units (RMU) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Ring Main Units (RMU) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ring Main Units (RMU)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ring Main Units (RMU) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Schneider Electric, Siemens, Eaton, G&W Electric, Qingdao TGOOD Electric, Sojo Electric, Jiangsu Daquan Changjiang Electric Appliance Co., Ltd., Ceepower, Sevenstars Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Ring Main Units (RMU) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Solid Insulation
Gas Insulation
Air Insulation
Market segment by Application
Photovoltaic Power Generation
Power Transmission Distribution
Major players covered
ABB
Schneider Electric
Siemens
Eaton
G&W Electric
Qingdao TGOOD Electric
Sojo Electric
Jiangsu Daquan Changjiang Electric Appliance Co., Ltd.
Ceepower
Sevenstars Electric
Beijing Hezong Science and Technology
Toshiba
HCRT Electrical Equipments
Daya Electric Appliance
JinGuan Electric
Beijing Creative Distribution Automation
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ring Main Units (RMU) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ring Main Units (RMU), with price, sales quantity, revenue, and global market share of Ring Main Units (RMU) from 2020 to 2025.
Chapter 3, the Ring Main Units (RMU) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ring Main Units (RMU) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Ring Main Units (RMU) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ring Main Units (RMU).
Chapter 14 and 15, to describe Ring Main Units (RMU) sales channel, distributors, customers, research findings and conclusion.
Ring Main Unit is a group of transmission and distribution electrical equipment (high-voltage switchgear) installed in metal or non-metal insulated cabinet or made into assembled interval ring network power supply unit electrical equipment, its core part of the load switch and fuse, with simple structure, small size, low price, can improve power supply parameters and performance and power supply safety and other advantages. It is widely used in urban residential quarters, high-rise buildings, large public buildings, factories and enterprises, photovoltaic power generation and other load centers of the distribution station and box-type substation.
The global key manufacturers of Ring Main Unit (RMU) include ABB, Schneider Electric and Siemens, etc, top 3 manufacturers hold a share approximately 36%. ABB is the world's largest Ring Main Unit (RMU) manufacturer, with a market share of more than 14%. North America, Europe and China are the major Ring Main Unit (RMU) market, they have a market share of more than 63%. China is the largest market with a share of 29%. In terms of product type, Gas Insulation is the largest market segment with a share of more than 44%. In terms of applications, Power Transmission Distribution is the largest downstream segment, with a market share of about 90%.
The driving factors of the ring main unit (RMU) market mainly include the following aspects:
1. Technological innovation and product upgrade
With the continuous advancement of science and technology, ring main unit products are undergoing innovations in intelligence, networking, high reliability, energy saving and environmental protection. Enterprises increase investment in research and development and launch more competitive and adaptable products to meet the growing market demand. For example, the new ring main unit adopts more advanced insulation materials and switch technology, which improves the reliability and safety of the product, while reducing energy consumption and operating costs.
2. Demand for power grid transformation and equipment renewal
As the domestic power grid transformation process continues to accelerate and the demand for power grid equipment renewal continues to rise, the market demand for ring main units, as an important part of the distribution network power supply system, continues to increase. Power grid transformation and equipment renewal have brought a large number of ring main unit procurement needs, which has promoted the development of the market.
3. Policy support and market demand
The government's increased investment and support for power grid construction, as well as the society's increasing requirements for the reliability and safety of power supply, have also provided strong support for the development of the ring main unit market. At the same time, with the acceleration of urbanization and the improvement of residents' living standards, the demand for power supply is also increasing, which provides a broad market space for the ring main unit market.
4. Expansion of application fields
Ring main units are not only widely used in distribution stations and box-type substations in urban residential areas, high-rise buildings, large public buildings, factories and enterprises, but also gradually expanded to new energy fields such as photovoltaic power generation and wind power generation. The continuous expansion of these emerging application fields has brought new growth points to the ring main unit market.
5. Globalization and market competition
The trend of globalization has promoted international competition in the ring main unit market. Internationally renowned manufacturers such as ABB, Schneider Electric, Siemens, etc., with their brand advantages and technical strength, occupy an important position in the global market. At the same time, Chinese local companies are also constantly strengthening technological innovation and market expansion, and gradually forming a competitive situation with international manufacturers. This competition has promoted the continuous optimization of products and the prosperity and development of the market.
In summary, technological innovation and product upgrades, power grid transformation and equipment renewal needs, policy support and market demand, application field expansion, globalization and market competition are the main driving factors for the development of the ring main unit market. In the future, with the advancement of science and technology and the continuous expansion of the market, the ring main unit market is expected to continue to maintain a steady growth trend.
This report is a detailed and comprehensive analysis for global Ring Main Units (RMU) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Ring Main Units (RMU) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Ring Main Units (RMU) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Ring Main Units (RMU) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Ring Main Units (RMU) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ring Main Units (RMU)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ring Main Units (RMU) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Schneider Electric, Siemens, Eaton, G&W Electric, Qingdao TGOOD Electric, Sojo Electric, Jiangsu Daquan Changjiang Electric Appliance Co., Ltd., Ceepower, Sevenstars Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Ring Main Units (RMU) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Solid Insulation
Gas Insulation
Air Insulation
Market segment by Application
Photovoltaic Power Generation
Power Transmission Distribution
Major players covered
ABB
Schneider Electric
Siemens
Eaton
G&W Electric
Qingdao TGOOD Electric
Sojo Electric
Jiangsu Daquan Changjiang Electric Appliance Co., Ltd.
Ceepower
Sevenstars Electric
Beijing Hezong Science and Technology
Toshiba
HCRT Electrical Equipments
Daya Electric Appliance
JinGuan Electric
Beijing Creative Distribution Automation
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ring Main Units (RMU) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ring Main Units (RMU), with price, sales quantity, revenue, and global market share of Ring Main Units (RMU) from 2020 to 2025.
Chapter 3, the Ring Main Units (RMU) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ring Main Units (RMU) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Ring Main Units (RMU) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ring Main Units (RMU).
Chapter 14 and 15, to describe Ring Main Units (RMU) sales channel, distributors, customers, research findings and conclusion.
Table of Contents
130 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Ring Main Units (RMU) by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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