Ring Main Unit Market Key Product Segments and their Future 2020-2030

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Ring Main Unit

• Ring main unit is a sealed and compact metal-enclosed switch gear widely used in urban power distribution network. It consists of one unit and two switches that connect both sides of the load to the main conductors. It also comprises a fusible switch or circuit breaker that tees-off to feed a medium voltage to low voltage distribution transformer.
• The ring main unit is selected according to voltage ratings and is suitable for indoor and outdoor installations
• Ring main unit features SF6 gas insulation, integral protection system, fully extendable options, and modular & compact construction. It is low maintenance.
• Ring main unit is widely used at ring-type distribution network junction points and in underground cable distribution network at load connection

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Key Drivers of Global Ring Main Unit Market

• Demand for ring main unit is increasing owing to rise in automation and industrialization across the globe. Demand for electricity is high owing to growth in population. This is driving the global ring main unit market.
• Increase in distribution networks and modernization of existing power infrastructure are anticipated to boost the demand for ring main units during the forecast period

COVID-19 Impact Analysis

• The spread of coronavirus has disrupted the entire value chain of the ring main unit market. The pandemic has hampered the supply of raw materials and labor in the market. Most of the manufacturers are striving to adopt new strategies to reform their business models.

Key Development

• On March 28, 2019, Siemens launched SF6-free medium-voltage ring main unit that uses “Clean Air” as the insulating medium. Clean air is an insulating gas consisting of the natural constituents of ambient air. The new gas-insulated load-break ring main unit thus combines the sustainability of the “blue GIS” portfolio with the benefits of the proven 8DJH product family. The ring main unit would be used in public and industrial power grids on the secondary distribution level.

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Asia Pacific to Hold Major Share of Global Ring Main Unit Market

• Based on region, the global ring main unit market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• Asia Pacific dominated the global ring main unit market in 2019, owing to rise in urbanization and globalization. The trend is projected to continue during the forecast period due to rise of investments in the industrial sector, especially in countries such as China, India, and Japan.
• North America is estimated to hold large share of the global ring main unit market in the next few years. Increase in urbanization and electrification rate has boosted the demand for ring main units in the region.
• The market in Europe is likely to expand at a healthy pace during the forecast period. High investments in the renewable sector and transmission & distribution infrastructure are estimated to propel the ring main unit market in the region.
• The market in Middle East & Africa and Latin America is anticipated to expand at a moderate pace during the forecast period. The industrial sector in the region is developing at a rapid pace. This is projected to augment the demand for ring main units in the near future.