出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2022年11月
リングメインユニット市場 : 絶縁タイプ（ガス絶縁、空気絶縁、油絶縁、固体誘電体）、設置（屋内、屋外）、定格電圧（15 kV まで、15 kV ～ 25 kV、25 kV超）、構造、用途、地域別 – 2027年までの世界予測
Ring Main Unit Market by Insulation Type (Gas-insulated, Air-insulated, Oil-insulated, Solid Dielectric), Installation (Indoor, Outdoor), Voltage Rating (Up to 15 kV, 15 kV–25 kV, Above 25 kV), Structure, Application, Region – Global Forecast to 2027
| ページ数 | 194 |
| 図表数 | 196 |
| 種別 | 英文調査報告書 |
| 価格 |
The ring main unit market size will grow to USD 3.0 Billion by 2027 from USD 2.3 Billion in 2022, at a CAGR of 6.0% during the forecast period. The increasing power generation demand in countries such as China and India and the growing adoption of renewable energy in China are the major driving factors for the overall ring main unit market growth.
“The distribution utilities segment is expected to emerge as the largest segment based on application during 2022–2027.”
The ring main unit market has been segmented into distribution utilities, industrial applications, commercial buildings, and transportation infrastructure based on application. Increasing smart grid investments by T&D utilities is one of the key reasons behind the largest market share of the distribution utility segment. According to T&D World, transmission and distribution investments are likely to reach USD 351.0 billion by 2026.
“Outdoor installation: The fastest-growing segment of the ring main unit market based on installation “
Based on installation, the ring main unit market has been split into indoor and outdoor installations. Increasing investments in distribution networks due to the rise in urbanization in developing countries are expected to drive the market for outdoor ring main units.
“Europe is expected to be the second-largest market during the forecast period.”
Europe is expected to be the second largest market due to the increasing investments in automotive projects and the development of the renewable energy sector. The European Union (EU) is focusing on upgrading its aging infrastructure, integrating renewable energy sources such as solar and wind power, and building interconnections to enable more efficient power and energy trading, which eventually will enhance the demand for ring main units in the region.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1: 65%, Tier 2: 24%, and Tier 3: 11%
By Designation: C-level: 30%, Directors: 25%, and Others: 45%
By Region: North America: 33%, Europe: 27%, Asia Pacific: 20%, the Middle East & Africa: 8%, and South America: 12%
Note: Others include product engineers, product specialists, and engineering leads.
The tiers of the companies are defined based on their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million.
The ring main unit market is dominated by a few major players that have a wide regional presence. The leading players in the ring main unit market are ABB (Switzerland), Schneider Electric (France), Eaton (Ireland), Lucy Electric (UK), and Siemens (Germany).
Research Coverage:
The report defines, describes, and forecasts the global ring main unit market, by insulation type, installation, voltage rating, structure, and application. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the ring main unit market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for ring main units, which would help equipment manufacturers review the rise in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
目次
1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION 27
1.2.1 RING MAIN UNIT MARKET, BY TYPE: INCLUSIONS & EXCLUSIONS 27
1.2.2 RING MAIN UNIT MARKET, BY INSTALLATION: INCLUSIONS & EXCLUSIONS 28
1.2.3 RING MAIN UNIT MARKET, BY STRUCTURE: INCLUSIONS & EXCLUSIONS 28
1.2.4 RING MAIN UNIT MARKET, BY APPLICATION: INCLUSIONS & EXCLUSIONS 28
1.2.5 RING MAIN UNIT MARKET, BY VOLTAGE RATING: INCLUSIONS & EXCLUSIONS 29
1.2.6 RING MAIN UNIT MARKET, BY REGION: INCLUSIONS & EXCLUSIONS 29
1.3 MARKET SCOPE 30
1.3.1 MARKET SEGMENTATION 30
1.3.2 REGIONAL SCOPE 30
1.4 YEARS CONSIDERED 31
1.5 CURRENCY CONSIDERED 31
1.6 LIMITATIONS 31
1.7 SUMMARY OF CHANGES 32
2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 1 RING MAIN UNIT MARKET: RESEARCH DESIGN 34
2.2 DATA TRIANGULATION 35
2.2.1 SECONDARY AND PRIMARY RESEARCH 36
2.2.2 SECONDARY DATA 36
2.2.2.1 List of key secondary sources 37
2.2.2.2 Key data from secondary sources 38
2.2.3 PRIMARY DATA 38
2.2.3.1 Key data from primary sources 39
2.2.3.2 Breakdown of primaries 39
2.3 RESEARCH SCOPE 40
2.4 DEMAND-SIDE ANALYSIS 41
2.4.1 BOTTOM-UP APPROACH 41
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 41
2.4.2 TOP-DOWN APPROACH 41
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 42
2.4.3 DEMAND-SIDE ANALYSIS 42
FIGURE 4 PARAMETERS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR RING MAIN UNITS 42
2.4.3.1 Demand-side analysis of ring main unit market 43
2.4.3.2 Key assumptions for calculating demand-side market size 43
2.4.4 SUPPLY-SIDE ANALYSIS 44
FIGURE 5 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF RING MAIN UNITS 44
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY SIDE ANALYSIS: ILLUSTRATION OF REVENUE ESTIMATIONS FOR COMPANY IN RING MAIN UNIT MARKET 44
2.4.4.1 Assumptions for calculating supply-side market size 45
2.4.4.2 Approach used to obtain market size using supply-side analysis 45
FIGURE 7 COMPANY REVENUE ANALYSIS, 2021 45
2.5 RESEARCH ASSUMPTIONS 46
2.5.1 ASSUMPTIONS 46
2.5.2 LIMITATIONS 47
2.6 RISK ASSESSMENT 47
3 EXECUTIVE SUMMARY 48
TABLE 1 RING MAIN UNIT MARKET SNAPSHOT 48
FIGURE 8 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN RING MAIN UNIT MARKET DURING 2022–2027 49
FIGURE 9 GAS-INSULATED SEGMENT TO LEAD RING MAIN UNIT MARKET DURING FORECAST PERIOD 50
FIGURE 10 OUTDOOR SEGMENT TO LEAD RING MAIN UNIT MARKET DURING FORECAST PERIOD 50
FIGURE 11 UP TO 15 KV SEGMENT TO REGISTER HIGHEST CAGR IN RING MAIN UNIT MARKET DURING FORECAST PERIOD 51
FIGURE 12 NON-EXTENSIBLE SEGMENT TO CAPTURE LARGER SIZE OF RING MAIN UNIT MARKET DURING FORECAST PERIOD 51
FIGURE 13 DISTRIBUTION UTILITIES SEGMENT TO DOMINATE RING MAIN UNIT MARKET DURING FORECAST PERIOD 52
4 PREMIUM INSIGHTS 53
4.1 ATTRACTIVE OPPORTUNITIES FOR RING MAIN UNIT MARKET PLAYERS 53
FIGURE 14 SHIFT TOWARD RENEWABLE ENERGY SOURCES TO DRIVE RING MAIN UNIT MARKET 53
4.2 RING MAIN UNIT MARKET, BY REGION 54
FIGURE 15 ASIA PACIFIC MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 54
4.3 ASIA PACIFIC: RING MAIN UNIT MARKET, BY APPLICATION AND COUNTRY 54
FIGURE 16 DISTRIBUTION UTILITIES AND CHINA WERE LARGEST SHAREHOLDERS OF RING MAIN UNIT MARKET IN ASIA PACIFIC IN 2021 54
4.4 RING MAIN UNIT MARKET, BY INSULATION TYPE 55
FIGURE 17 GAS-INSULATED SEGMENT TO DOMINATE RING MAIN UNIT MARKET IN 2027 55
4.5 RING MAIN UNIT MARKET, BY INSTALLATION 55
FIGURE 18 OUTDOOR SEGMENT TO ACCOUNT FOR LARGER SHARE OF RING MAIN UNIT MARKET IN 2027 55
4.6 RING MAIN UNIT MARKET, BY VOLTAGE RATING 56
FIGURE 19 UP TO 15 KV SEGMENT TO CAPTURE LARGEST SHARE OF RING MAIN UNIT MARKET IN 2027 56
4.7 RING MAIN UNIT MARKET, BY STRUCTURE 56
FIGURE 20 NON-EXTENSIBLE SEGMENT TO DOMINATE RING MAIN UNIT MARKET IN 2027 56
4.8 RING MAIN UNIT MARKET, BY APPLICATION 57
FIGURE 21 DISTRIBUTION UTILITIES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF RING MAIN UNIT MARKET IN 2027 57
5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MARKET DYNAMICS 58
FIGURE 22 RING MAIN UNIT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 58
5.2.1 DRIVERS 59
5.2.1.1 Rising focus on improving power distribution infrastructure to address energy demands 59
5.2.1.2 Increase in renewable energy-based capacity addition 60
FIGURE 23 INSTALLED RENEWABLE ENERGY CAPACITY, 2016–2021 60
5.2.2 RESTRAINTS 61
5.2.2.1 Regulations restricting SF6 gas emissions 61
TABLE 2 GLOBAL WARMING POTENTIAL OF GREENHOUSE GASES (100-YEAR TIME HORIZON) 61
5.2.2.2 Reduced profit margins of utilities due to declining energy cost 62
FIGURE 24 COST FOR RENEWABLE POWER GENERATION (USD/KWH), 2010–2022 62
5.2.3 OPPORTUNITIES 63
5.2.3.1 Emerging smart technologies and safer electrical equipment 63
5.2.3.2 Growing deployment of smart grids and digitalization 63
5.2.4 CHALLENGES 64
5.2.4.1 High competition from unorganized sector 64
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 64
5.3.1 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR RING MAIN UNIT PROVIDERS 64
FIGURE 25 REVENUE SHIFTS FOR RING MAIN UNIT PROVIDERS 65
5.4 MARKET MAP 65
FIGURE 26 MARKET MAP: RING MAIN UNIT MARKET 65
TABLE 3 RING MAIN UNIT MARKET: ROLE IN ECOSYSTEM 66
5.5 AVERAGE SELLING PRICE TREND 67
FIGURE 27 AVERAGE SELLING PRICE OF PRODUCTS OFFERED KEY PLAYERS, BY VOLTAGE RATING 68
TABLE 4 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS, BY VOLTAGE RATING (USD) 68
5.6 VALUE CHAIN ANALYSIS 68
FIGURE 28 VALUE CHAIN ANALYSIS: RING MAIN UNIT MARKET 69
5.6.1 RAW MATERIAL PROVIDERS/SUPPLIERS 69
5.6.2 COMPONENT MANUFACTURERS 69
5.6.3 RING MAIN UNIT MANUFACTURERS/ASSEMBLERS 70
5.6.4 DISTRIBUTORS (BUYERS)/END USERS 70
5.6.5 POST-SALES SERVICES 70
5.7 TECHNOLOGY ANALYSIS 70
5.7.1 SF6-FREE RING MAIN UNITS 70
5.8 KEY CONFERENCES & EVENTS, 2022–2024 71
TABLE 5 RING MAIN UNIT MARKET: DETAILED LIST OF CONFERENCES & EVENTS 71
5.9 TARIFFS, CODES, AND REGULATIONS 73
5.9.1 TARIFFS RELATED TO RING MAIN UNITS 73
TABLE 6 IMPORT DATA FOR HS 8536 LOW-VOLTAGE PROTECTION EQUIPMENT, 2019 73
TABLE 7 IMPORT DATA FOR HS 8535 HIGH-VOLTAGE PROTECTION EQUIPMENT, 2019 74
5.10 TRADE ANALYSIS 74
5.10.1 TRADE ANALYSIS OF ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS FROM VOLTAGE EXCEEDING 1,000 VOLTS 74
5.10.2 IMPORT SCENARIO 74
TABLE 8 IMPORT SCENARIO FOR HS CODE: 853590, BY COUNTRY, 2019–2021 (USD) 75
5.10.3 EXPORT SCENARIO 75
TABLE 9 EXPORT SCENARIO FOR HS CODE: 853590, BY COUNTRY, 2019–2021 (USD) 75
5.10.4 TRADE ANALYSIS FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS FOR VOLTAGE NOT EXCEEDING 1,000 VOLTS 76
5.10.4.1 Import scenario 76
TABLE 10 IMPORT SCENARIO FOR HS CODE: 853690, BY COUNTRY, 2019–2021 (USD) 76
5.10.4.2 Export scenario 77
TABLE 11 EXPORT SCENARIO FOR HS CODE: 853690, BY COUNTRY, 2019–2021 (USD) 77
5.10.5 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
TABLE 15 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
5.10.6 CODES AND REGULATIONS RELATED TO RING MAIN UNITS 81
TABLE 16 RING MAIN UNITS: CODES AND REGULATIONS 81
5.11 INNOVATIONS AND PATENT REGISTRATIONS 83
TABLE 17 RING MAIN UNITS: INNOVATIONS AND PATENT REGISTRATIONS, MAY 2018–APRIL 2022 83
5.12 PORTER’S FIVE FORCES ANALYSIS 84
FIGURE 29 PORTER’S FIVE FORCES ANALYSIS FOR RING MAIN UNIT MARKET 84
TABLE 18 RING MAIN UNIT MARKET: PORTER’S FIVE FORCES ANALYSIS 85
5.12.1 THREAT OF SUBSTITUTES 85
5.12.2 BARGAINING POWER OF SUPPLIERS 85
5.12.3 BARGAINING POWER OF BUYERS 85
5.12.4 THREAT OF NEW ENTRANTS 86
5.12.5 INTENSITY OF COMPETITIVE RIVALRY 86
5.13 KEY STAKEHOLDERS & BUYING CRITERIA 86
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 86
FIGURE 30 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS 86
TABLE 19 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS 87
5.13.2 BUYING CRITERIA 87
FIGURE 31 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS 87
TABLE 20 KEY BUYING CRITERIA FOR TOP THREE END USERS 87
5.14 CASE STUDY ANALYSIS 88
5.14.1 AEGIS 36 RING MAIN UNIT USED IN RENEWABLE PROJECT 88
5.14.1.1 Problem Statement: April 2022 88
5.14.1.2 Solution 88
5.14.2 SÜC COBURG INCREASED POWER RELIABILITY WITH ABB’S SAFERING AIRPLUS RING MAIN UNITS 88
5.14.2.1 Problem statement: April 2022 88
5.14.2.2 Solution 88
6 RING MAIN UNIT MARKET, BY INSULATION TYPE 89
6.1 INTRODUCTION 90
FIGURE 32 GAS-INSULATED SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2021 90
TABLE 21 RING MAIN UNIT MARKET, BY INSULATION TYPE, 2020–2027 (USD MILLION) 90
6.2 GAS-INSULATED 90
6.2.1 PROVIDES BETTER FUNCTIONALITY THAN OTHER TYPES 90
TABLE 22 GAS-INSULATED: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 91
6.3 AIR-INSULATED 91
6.3.1 REQUIRES MORE SPACE THAN OTHER TYPES OF RING MAIN UNITS 91
TABLE 23 AIR-INSULATED: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 92
6.4 OIL-INSULATED 92
6.4.1 SUITABLE FOR USE IN CORROSIVE AND HARSH ENVIRONMENTS 92
TABLE 24 OIL-INSULATED: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 92
6.5 SOLID DIELECTRIC 93
6.5.1 OFFERS OPERATIONAL SAFETY WITH LOW CARBON EMISSIONS 93
TABLE 25 SOLID DIELECTRIC: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 93
7 RING MAIN UNIT MARKET, BY VOLTAGE RATING 94
7.1 INTRODUCTION 95
FIGURE 33 UP TO 15 KV SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2021 95
TABLE 26 RING MAIN UNIT MARKET, BY VOLTAGE RATING, 2020–2027 (USD MILLION) 95
7.2 UP TO 15 KV 96
7.2.1 EXTENSIVELY USED IN COMMERCIAL ESTABLISHMENTS 96
TABLE 27 UP TO 15 KV: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 96
7.3 16–25 KV 96
7.3.1 SUITABLE FOR APPLICATIONS IN SMALL-SCALE INDUSTRIES 96
TABLE 28 16–25 KV: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 97
7.4 ABOVE 25 KV 97
7.4.1 SUITABLE FOR APPLICATIONS IN LARGE-SCALE INDUSTRIES 97
TABLE 29 ABOVE 25 KV: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 97
8 RING MAIN UNIT MARKET, BY STRUCTURE 98
8.1 INTRODUCTION 99
FIGURE 34 NON-EXTENSIBLE SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2021 99
TABLE 30 RING MAIN UNIT MARKET, BY STRUCTURE, 2020–2027 (USD MILLION) 99
8.2 NON-EXTENSIBLE 99
8.2.1 CAN BE EASILY COUPLED WITH DISTRIBUTION TRANSFORMERS 99
TABLE 31 NON-EXTENSIBLE: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 100
8.3 EXTENSIBLE 100
8.3.1 ALLOWS FOR FUTURE UPGRADES 100
TABLE 32 EXTENSIBLE: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 100
9 RING MAIN UNIT MARKET, BY APPLICATION 101
9.1 INTRODUCTION 102
FIGURE 35 DISTRIBUTION UTILITIES SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2021 102
TABLE 33 RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 102
9.2 DISTRIBUTION UTILITIES 103
9.2.1 INCREASING T&D INVESTMENTS TO MEET GROWING POWER DEMAND TO DRIVE SEGMENT 103
TABLE 34 DISTRIBUTION UTILITIES: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 103
9.3 INDUSTRIAL APPLICATION 103
9.3.1 ADVANTAGES SUCH AS UNINTERRUPTED POWER SUPPLY AND FAULT PROTECTION TO BOOST SEGMENT 103
TABLE 35 INDUSTRIAL APPLICATION: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 104
9.4 TRANSPORTATION INFRASTRUCTURE 104
9.4.1 GROWING DEMAND FOR SMART DISTRIBUTION NETWORKS TO DRIVE SEGMENT 104
TABLE 36 TRANSPORTATION INFRASTRUCTURE: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 105
9.5 COMMERCIAL BUILDINGS 105
9.5.1 NEED FOR UNINTERRUPTED POWER TO PROPEL ADOPTION OF RING MAIN UNITS IN COMMERCIAL BUILDINGS 105
TABLE 37 COMMERCIAL BUILDINGS: RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 105
10 RING MAIN UNIT MARKET, BY REGION 106
10.1 INTRODUCTION 107
FIGURE 36 REGIONAL SNAPSHOT: ASIA PACIFIC PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 107
FIGURE 37 RING MAIN UNIT MARKET SHARE (VALUE), BY REGION, 2021 107
TABLE 38 RING MAIN UNIT MARKET, BY REGION, 2020–2027 (USD MILLION) 108
TABLE 39 RING MAIN UNIT MARKET, BY REGION, 2020–2027 (THOUSAND UNITS) 108
10.2 ASIA PACIFIC 108
FIGURE 38 ASIA PACIFIC: RING MAIN UNIT MARKET SNAPSHOT 109
10.2.1 BY INSULATION TYPE 110
TABLE 40 ASIA PACIFIC: RING MAIN UNIT MARKET, BY INSULATION TYPE, 2020–2027 (USD MILLION) 110
10.2.2 BY INSTALLATION 110
TABLE 41 ASIA PACIFIC: RING MAIN UNIT MARKET, BY INSTALLATION, 2020–2027 (USD MILLION) 110
10.2.3 BY VOLTAGE RATING 110
TABLE 42 ASIA PACIFIC: RING MAIN UNIT MARKET, BY VOLTAGE RATING, 2020–2027 (USD MILLION) 110
10.2.4 BY STRUCTURE 111
TABLE 43 ASIA PACIFIC: RING MAIN UNIT MARKET, BY STRUCTURE, 2020–2027 (USD MILLION) 111
10.2.5 BY APPLICATION 111
TABLE 44 ASIA PACIFIC: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 111
10.2.6 BY COUNTRY 111
TABLE 45 ASIA PACIFIC: RING MAIN UNIT MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 111
10.2.6.1 China 112
10.2.6.1.1 Increasing investments in clean power generation to support market growth 112
TABLE 46 CHINA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 112
10.2.6.2 India 113
10.2.6.2.1 Rising electrification initiatives in remote parts of India to favor market 113
TABLE 47 INDIA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 113
10.2.6.3 Japan 114
10.2.6.3.1 Upgrades to aging power infrastructure to generate demand for ring main units 114
TABLE 48 JAPAN: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 114
10.2.6.4 Malaysia 114
10.2.6.4.1 Efforts to reduce CO2 emissions by diversifying electricity fuel mix to drive market 114
TABLE 49 MALAYSIA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 115
10.2.6.5 South Korea 115
10.2.6.5.1 Government initiatives toward cleaner power generation to augment market growth 115
TABLE 50 SOUTH KOREA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 115
10.2.6.6 Rest of Asia Pacific 116
TABLE 51 REST OF ASIA PACIFIC: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 116
10.3 EUROPE 116
FIGURE 39 EUROPE: RING MAIN UNIT MARKET SNAPSHOT 117
10.3.1 BY INSULATION TYPE 117
TABLE 52 EUROPE: RING MAIN UNIT MARKET, BY INSULATION TYPE, 2020–2027 (USD MILLION) 117
10.3.2 BY INSTALLATION 118
TABLE 53 EUROPE: RING MAIN UNIT MARKET, BY INSTALLATION, 2020–2027 (USD MILLION) 118
10.3.3 BY VOLTAGE RATING 118
TABLE 54 EUROPE: RING MAIN UNIT MARKET, BY VOLTAGE, 2020–2027 (USD MILLION) 118
10.3.4 BY STRUCTURE 118
TABLE 55 EUROPE: RING MAIN UNIT MARKET, BY STRUCTURE, 2020–2027 (USD MILLION) 118
10.3.5 BY APPLICATION 119
TABLE 56 EUROPE: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 119
10.3.6 BY COUNTRY 119
TABLE 57 EUROPE: RING MAIN UNIT MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 119
10.3.6.1 Germany 119
10.3.6.1.1 Increasing focus on energy efficiency and grid expansion to drive market 119
TABLE 58 GERMANY: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 120
10.3.6.2 France 120
10.3.6.2.1 Investments in renewable energy generation to support market growth 120
TABLE 59 FRANCE: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 120
10.3.6.3 UK 121
10.3.6.3.1 Integration of renewables in electricity mix to boost market 121
TABLE 60 UK: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 121
10.3.6.4 Rest of Europe 121
TABLE 61 REST OF EUROPE: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 122
10.4 NORTH AMERICA 122
FIGURE 40 NORTH AMERICA: RING MAIN UNIT MARKET SNAPSHOT 123
10.4.1 BY INSULATION TYPE 123
TABLE 62 NORTH AMERICA: RING MAIN UNIT MARKET, BY INSULATION TYPE, 2020–2027 (USD MILLION) 123
10.4.2 BY INSTALLATION 124
TABLE 63 NORTH AMERICA: RING MAIN UNIT MARKET, BY INSTALLATION, 2020–2027 (USD MILLION) 124
10.4.3 BY VOLTAGE RATING 124
TABLE 64 NORTH AMERICA: RING MAIN UNIT MARKET, BY VOLTAGE, 2020–2027 (USD MILLION) 124
10.4.4 BY STRUCTURE 124
TABLE 65 NORTH AMERICA: RING MAIN UNIT MARKET, BY STRUCTURE, 2020–2027 (USD MILLION) 124
10.4.5 BY APPLICATION 125
TABLE 66 NORTH AMERICA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 125
10.4.6 BY COUNTRY 125
TABLE 67 NORTH AMERICA: RING MAIN UNIT MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 125
10.4.6.1 US 125
10.4.6.1.1 Renewable energy development plans to generate demand for ring main units 125
TABLE 68 US: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 126
10.4.6.2 Canada 126
10.4.6.2.1 Increasing investments in wind energy to foster market growth 126
TABLE 69 CANADA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 126
10.4.6.3 Mexico 127
10.4.6.3.1 Focus on renewable power generation to strengthen market 127
TABLE 70 MEXICO: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 127
10.5 MIDDLE EAST AND AFRICA 127
10.5.1 BY INSULATION TYPE 128
TABLE 71 MIDDLE EAST & AFRICA: RING MAIN UNIT MARKET, BY INSULATION TYPE, 2020–2027 (USD MILLION) 128
10.5.2 BY INSTALLATION 128
TABLE 72 MIDDLE EAST & AFRICA: RING MAIN UNIT MARKET, BY INSTALLATION, 2020–2027 (USD MILLION) 128
10.5.3 BY VOLTAGE RATING 128
TABLE 73 MIDDLE EAST & AFRICA: RING MAIN UNIT MARKET, BY VOLTAGE, 2020–2027 (USD MILLION) 128
10.5.4 BY STRUCTURE 129
TABLE 74 MIDDLE EAST & AFRICA: RING MAIN UNIT MARKET, BY STRUCTURE, 2020–2027 (USD MILLION) 129
10.5.5 BY APPLICATION 129
TABLE 75 MIDDLE EAST & AFRICA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 129
10.5.6 BY COUNTRY 130
TABLE 76 MIDDLE EAST & AFRICA: SWITCHGEAR MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 130
10.5.6.1 Saudi Arabia 130
10.5.6.1.1 Investment in power projects to drive market 130
TABLE 77 SAUDI ARABIA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 131
10.5.6.2 UAE 131
10.5.6.2.1 Rapid economic development and growing demand for power to fuel market growth 131
TABLE 78 UAE: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 131
10.5.6.3 Kuwait 132
10.5.6.3.1 Rise in demand for electricity to push market 132
TABLE 79 KUWAIT: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 132
10.5.6.4 Qatar 132
10.5.6.4.1 Inflow of investments in renewable sector to foster market growth 132
TABLE 80 QATAR: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 133
10.5.6.5 South Africa 133
10.5.6.5.1 Increasing electricity demand and investments in the power sector to accelerate market 133
TABLE 81 SOUTH AFRICA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 133
10.5.6.6 Egypt 134
10.5.6.6.1 Replacement of power generation infrastructure likely to propel demand for ring main units 134
TABLE 82 EGYPT: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 134
10.5.6.7 Rest of the Middle East and Africa 134
TABLE 83 REST OF MIDDLE EAST & AFRICA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 135
10.6 SOUTH AMERICA 135
10.6.1 BY INSULATION TYPE 135
TABLE 84 SOUTH AMERICA: RING MAIN UNIT MARKET, BY INSULATION TYPE, 2020–2027 (USD MILLION) 135
10.6.2 BY INSTALLATION 136
TABLE 85 SOUTH AMERICA: RING MAIN UNIT MARKET, BY INSTALLATION, 2020–2027 (USD MILLION) 136
10.6.3 BY VOLTAGE RATING 136
TABLE 86 SOUTH AMERICA: RING MAIN UNIT MARKET, BY VOLTAGE, 2020–2027 (USD MILLION) 136
10.6.4 BY STRUCTURE 136
TABLE 87 SOUTH AMERICA: RING MAIN UNIT MARKET, BY STRUCTURE, 2020–2027 (USD MILLION) 136
10.6.5 BY APPLICATION 137
TABLE 88 SOUTH AMERICA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 137
10.6.6 BY COUNTRY 137
TABLE 89 SOUTH AMERICA: RING MAIN UNIT MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 137
10.6.6.1 Brazil 137
10.6.6.1.1 Modernization of existing power infrastructure to induce demand for ring main units 137
TABLE 90 BRAZIL: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 138
10.6.6.2 Argentina 138
10.6.6.2.1 Increasing renewable energy capacity addition to lead to market expansion 138
TABLE 91 ARGENTINA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 138
10.6.6.3 Rest of South America 138
TABLE 92 REST OF SOUTH AMERICA: RING MAIN UNIT MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 139
11 COMPETITIVE LANDSCAPE 140
11.1 STRATEGIES ADOPTED BY KEY PLAYERS 140
TABLE 93 OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF RING MAIN UNITS 140
11.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2021 141
FIGURE 41 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS IN RING MAIN UNIT MARKET, 2021 141
TABLE 94 RING MAIN UNIT MARKET: DEGREE OF COMPETITION 141
FIGURE 42 RING MAIN UNIT MARKET SHARE ANALYSIS, 2021 142
11.3 FIVE-YEAR COMPANY REVENUE ANALYSIS 142
FIGURE 43 REVENUE ANALYSIS OF TOP FIVE PLAYERS IN RING MAIN UNIT MARKET FROM 2017 TO 2021 143
11.4 COMPANY EVALUATION QUADRANT 144
11.4.1 STARS 144
11.4.2 PERVASIVE PLAYERS 144
11.4.3 EMERGING LEADERS 144
11.4.4 PARTICIPANTS 144
FIGURE 44 RING MAIN UNIT MARKET (GLOBAL) KEY COMPANY EVALUATION QUADRANT, 2021 145
11.5 START-UP/SME EVALUATION QUADRANT 146
11.5.1 PROGRESSIVE COMPANIES 146
11.5.2 RESPONSIVE COMPANIES 146
11.5.3 DYNAMIC COMPANIES 146
11.5.4 STARTING BLOCKS 146
FIGURE 45 RING MAIN UNIT MARKET: START-UP/SME EVALUATION QUADRANT, 2021 147
11.6 COMPETITIVE BENCHMARKING 148
TABLE 95 RING MAIN UNIT MARKET: DETAILED LIST OF KEY START-UPS/SMES 148
TABLE 96 RING MAIN UNIT MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 148
11.7 RING MAIN UNIT MARKET: COMPANY FOOTPRINT 150
TABLE 97 INSULATION TYPE: COMPANY FOOTPRINT 150
TABLE 98 STRUCTURE: COMPANY FOOTPRINT 151
TABLE 99 BY APPLICATION: COMPANY FOOTPRINT 152
TABLE 100 REGION: COMPANY FOOTPRINT 153
TABLE 101 COMPANY FOOTPRINT 154
11.8 COMPETITIVE SCENARIO 155
TABLE 102 RING MAIN UNIT MARKET: PRODUCT LAUNCHES, JUNE 2018–APRIL 2021 155
TABLE 103 RING MAIN UNIT MARKET: DEALS, APRIL 2019– JUNE 2022 155
TABLE 104 RING MAIN UNIT MARKET: OTHERS, DECEMBER 2018– MAY 2022 156
12 COMPANY PROFILES 157
12.1 KEY PLAYERS 157
12.1.1 ABB LTD. 157
12.1.1.1 Business overview 157
TABLE 105 ABB LIMITED: BUSINESS OVERVIEW 157
FIGURE 46 ABB LTD: COMPANY SNAPSHOT 158
12.1.1.2 Products/Services/Solutions offered 158
TABLE 106 ABB LTD: PRODUCTS/SERVICES/SOLUTIONS OFFERED 158
12.1.1.3 Recent developments 159
12.1.1.3.1 Product launches 159
TABLE 107 ABB LTD: PRODUCT LAUNCHES 159
12.1.1.3.2 Others 160
TABLE 108 ABB LTD: OTHERS 160
12.1.1.4 MnM view 160
12.1.1.4.1 Key strategies/Right to win 160
12.1.1.4.2 Strategic choices made 160
12.1.1.4.3 Weaknesses/Competitive threats 160
12.1.2 SIEMENS 161
12.1.2.1 Business overview 161
TABLE 109 SIEMENS: BUSINESS OVERVIEW 161
FIGURE 47 SIEMENS: COMPANY SNAPSHOT 162
12.1.2.2 Products/Services/Solutions offered 162
TABLE 110 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED 162
12.1.2.3 Recent developments 163
12.1.2.3.1 Product launches 163
TABLE 111 SIEMENS: PRODUCT LAUNCHES 163
12.1.2.3.2 Deals 163
TABLE 112 SIEMENS: DEALS 163
12.1.2.4 MnM view 163
12.1.2.4.1 Key strategies/Right to win 163
12.1.2.4.2 Strategic choices made 164
12.1.2.4.3 Weaknesses/Competitive threats 164
12.1.3 EATON 165
12.1.3.1 Business overview 165
TABLE 113 EATON: BUSINESS OVERVIEW 165
FIGURE 48 EATON: COMPANY SNAPSHOT 166
12.1.3.2 Products/Services/Solutions offered 166
TABLE 114 EATON: PRODUCTS/SERVICES/SOLUTIONS OFFERED 166
12.1.3.3 Recent developments 167
12.1.3.3.1 Deals 167
TABLE 115 EATON: DEALS 167
12.1.3.4 MnM view 168
12.1.3.4.1 Key strategies/Right to win 168
12.1.3.4.2 Strategic choices made 168
12.1.3.4.3 Weaknesses/Competitive threats 168
12.1.4 SCHNEIDER ELECTRIC 169
12.1.4.1 Business overview 169
TABLE 116 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW 169
FIGURE 49 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 170
12.1.4.2 Products/Services/Solutions offered 170
TABLE 117 SCHNEIDER ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED 170
12.1.4.3 Recent developments 171
12.1.4.3.1 Deals 171
TABLE 118 SCHNEIDER ELECTRIC: DEALS 171
12.1.4.3.2 Others 172
TABLE 119 SCHNEIDER ELECTRIC: OTHERS 172
12.1.4.4 MnM view 172
12.1.4.4.1 Key strategies/Right to win 172
12.1.4.4.2 Strategic choices made 172
12.1.4.4.3 Weaknesses/Competitive threats 172
12.1.5 LS ELECTRIC CO., LTD 173
12.1.5.1 Business overview 173
TABLE 120 LS ELECTRIC CO., LTD: BUSINESS OVERVIEW 173
FIGURE 50 LS ELECTRIC CO., LTD: COMPANY SNAPSHOT 173
12.1.5.2 Products/Services/Solutions offered 174
TABLE 121 LS ELECTRIC CO., LTD: PRODUCTS/SERVICES/SOLUTIONS OFFERED 174
12.1.5.3 Recent developments 174
12.1.5.3.1 Product launches 174
TABLE 122 LS ELECTRIC CO., LTD: PRODUCT LAUNCHES 174
12.1.5.4 MnM view 174
12.1.5.4.1 Key strategies/Right to win 174
12.1.5.4.2 Strategic choices made 174
12.1.5.4.3 Weaknesses/Competitive threats 175
12.1.6 LUCY ELECTRIC 176
12.1.6.1 Business overview 176
TABLE 123 LUCY ELECTRIC: BUSINESS OVERVIEW 176
12.1.6.2 Products/Services/Solutions offered 176
TABLE 124 LUCY ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED 176
12.1.7 C&S ELECTRIC LIMITED 177
12.1.7.1 Business overview 177
TABLE 125 C&S ELECTRIC LIMITED: BUSINESS OVERVIEW 177
12.1.7.2 Products/Services/Solutions offered 177
TABLE 126 C&S ELECTRIC LIMITED: PRODUCTS/SERVICES/SOLUTIONS OFFERED 177
12.1.8 TIEPCO 178
12.1.8.1 Business overview 178
TABLE 127 TIEPCO: BUSINESS OVERVIEW 178
12.1.8.2 Products/Services/Solutions offered 178
TABLE 128 TIEPCO: PRODUCTS/SERVICES/SOLUTIONS OFFERED 178
12.1.9 ENTEC ELECTRIC & ELECTRONIC 179
12.1.9.1 Business overview 179
TABLE 129 ENTEC ELECTRIC & ELECTRONIC: BUSINESS OVERVIEW 179
12.1.9.2 Products/Services/Solutions offered 179
TABLE 130 ENTEC ELECTRIC & ELECTRONIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED 179
12.1.10 ORECCO 180
12.1.10.1 Business overview 180
TABLE 131 ORECCO: BUSINESS OVERVIEW 180
12.1.10.2 Products/Services/Solutions offered 180
TABLE 132 ORECCO: PRODUCTS/SERVICES/SOLUTIONS OFFERED 180
12.1.11 ORMAZABAL 181
12.1.11.1 Business overview 181
TABLE 133 ORMAZABAL: BUSINESS OVERVIEW 181
12.1.11.2 Products/Services/Solutions offered 181
TABLE 134 ORMAZABAL: PRODUCTS/SERVICES/SOLUTIONS OFFERED 181
12.1.11.3 Recent developments 182
12.1.11.3.1 Deals 182
TABLE 135 ORMAZABAL: DEALS 182
12.1.12 NATUS GMBH & CO. KG 183
12.1.12.1 Business overview 183
TABLE 136 NATUS GMBH & CO. KG: BUSINESS OVERVIEW 183
12.1.12.2 Products/Services/Solutions offered 183
TABLE 137 NATUS GMBH & CO. KG: PRODUCTS/SERVICES/SOLUTIONS OFFERED 183
12.1.12.3 Recent developments 183
12.1.12.3.1 Product launches 183
TABLE 138 NATUS GMBH & CO. KG: PRODUCT LAUNCHES 183
12.1.13 ALFANAR 184
12.1.13.1 Business overview 184
TABLE 139 ALFANAR: BUSINESS OVERVIEW 184
12.1.13.2 Products/Services/Solutions offered 184
TABLE 140 ALFANAR: PRODUCTS/SERVICES/SOLUTIONS OFFERED 184
12.1.13.3 Recent developments 185
12.1.13.3.1 Product launches 185
TABLE 141 ALFANAR: PRODUCT LAUNCHES 185
12.1.14 WENZHOU ROCKWILL ELECTRIC CO., LTD 186
12.1.14.1 Business overview 186
TABLE 142 WENZHOU ROCKWILL ELECTRIC CO., LTD: BUSINESS OVERVIEW 186
12.1.14.2 Products/Services/Solutions offered 186
TABLE 143 WENZHOU ROCKWILL ELECTRIC CO., LTD: PRODUCTS/SERVICES/SOLUTIONS OFFERED 186
12.1.15 KONCAR–ELECTRIC INDUSTRY INC 187
12.1.15.1 Business overview 187
TABLE 144 KONCAR – ELECTRIC INDUSTRY INC: BUSINESS OVERVIEW 187
FIGURE 51 KONCAR – ELECTRIC INDUSTRY INC: COMPANY SNAPSHOT 188
12.1.15.2 Products/Services/Solutions offered 188
TABLE 145 KONCAR – ELECTRIC INDUSTRY INC: PRODUCTS/SERVICES/SOLUTIONS OFFERED 188
12.2 OTHER PLAYERS 189
12.2.1 YUEQING LIYOND ELECTRIC CO., LTD 189
12.2.2 CHINA TRANSPOWERS ELECTRIC CO., LTD 189
12.2.3 INDKOM ENGINEERING SDN. BHD. 190
12.2.4 SWATI SWITCHGEARS (INDIA) PVT. LTD. 190
12.2.5 BVM TECHNOLOGIES PVT. LTD. 191
13 APPENDIX 192
13.1 INSIGHTS FROM INDUSTRY EXPERTS 192
13.2 DISCUSSION GUIDE 193
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 197
13.4 CUSTOMIZATION OPTIONS 199
13.5 RELATED REPORTS 199
13.6 AUTHOR DETAILS 200