Global Ring Main Units (RMU) Market Growth 2025-2031

The global Ring Main Units (RMU) market size is predicted to grow from US$ 3057 million in 2025 to US$ 4296 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “Ring Main Units (RMU) Industry Forecast” looks at past sales and reviews total world Ring Main Units (RMU) sales in 2024, providing a comprehensive analysis by region and market sector of projected Ring Main Units (RMU) sales for 2025 through 2031. With Ring Main Units (RMU) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ring Main Units (RMU) industry.

This Insight Report provides a comprehensive analysis of the global Ring Main Units (RMU) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ring Main Units (RMU) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ring Main Units (RMU) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ring Main Units (RMU) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ring Main Units (RMU).

This report presents a comprehensive overview, market shares, and growth opportunities of Ring Main Units (RMU) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Solid Insulation
Gas Insulation
Air Insulation

Segmentation by Application:
Photovoltaic Power Generation
Power Transmission Distribution

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ring Main Units (RMU) market?

What factors are driving Ring Main Units (RMU) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ring Main Units (RMU) market opportunities vary by end market size?

How does Ring Main Units (RMU) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.