Ring Main Unit Market - Forecast(2021 - 2026)
The global Ring Main Unit Market is estimated to surpass $3282.48 million by 2024 growing at an estimated rate of more than 7.9% during forecast period majorly driven by the efforts put to and so on. Further the growing emphasis towards secondary distribution networks set to propel the market growth in the future. What is Ring Main Unit (RMU)? Ring Main Unit (RMU) is a variant of switch gear unit which is used in distribution networks and designed with multiple ring shaped grids. Ring Main Unit (RMU) is a switch gear unit which is completely sealed; gas insulated and consists of panels which are used as two sources of power at the same metering point for consumers. These are used to supply power from alternate sources if main source of supply gets failed. This report incorporates an in-depth assessment of Ring Main Unit market by Insulation, Position, Installation, Component, application and geography. The major types of Insulations are air, gas, oil, solid di-electric & others. B