Ring Main Unit Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Ring Main Unit (RMU) Market Size and it is Segmented by Insulation (Oil-Based, Dry-Type, and Others), End-User (Electricity Distribution, Infrastructure, Industries, and Others), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa)

Ring Main Unit Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Ring Main Unit (RMU) Market Size

Ring Main Unit Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 3.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Ring Main Unit Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Ring Main Unit Market with other markets in Energy & Power Industry

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

Ring Main Unit (RMU) Market Analysis

The Ring Main Unit Market is expected to register a CAGR of greater than 3% during the forecast period.

  • Due to the increasing number of renewable energy installations that require a ring main unit at the substation level, the electricity distribution segment is expected to be the largest growing segment for the ring main unit market during the forecast period.
  • A smart grid used along with the smart ring main unit is seen as a highly efficient and economical technology that can reduce carbon emissions. These technologies are likely to create several opportunities for the ring main unit market in the future.
  • Due to its increasing demand for electricity and the rising electricity generation projects and connecting them in the country's grid, Asia-Pacific is expected to be the largest market for ring main unit.

Ring Main Unit (RMU) Industry Overview

The ring main unit market is fragmented. Some of the key players in this market include Toshiba Corp, ABB Ltd., Eaton Corporation PLC, Larsen & Toubro Limited, and Schneider Electric SE.

Ring Main Unit (RMU) Market Leaders

  1. Toshiba Corp

  2. ABB Ltd.

  3. Eaton Corporation PLC

  4. Larsen & Toubro Limited

  5. Schneider Electric SE

  6. *Disclaimer: Major Players sorted in no particular order
Ring Main Unit Market Concentration
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Ring Main Unit (RMU) Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2025
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Force Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 End-User
    • 5.1.1 Transmission and Distribution
    • 5.1.2 Commmercial and Residential Infrastructure
    • 5.1.3 Power
    • 5.1.4 Others
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.2 Europe
    • 5.2.3 Asia-Pacific
    • 5.2.4 South America
    • 5.2.5 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers, Acquisitions, Collaboration and Joint Ventures
  • 6.2 Strategies Adopted by Key Players
  • 6.3 Company Profiles
    • 6.3.1 Siemens AG
    • 6.3.2 ABB Ltd.
    • 6.3.3 Eaton Corporation PLC
    • 6.3.4 Larsen & Toubro Limited
    • 6.3.5 Schneider Electric SE
    • 6.3.6 Legrand SA
    • 6.3.7 Havells India Ltd
    • 6.3.8 Alfanar Group
    • 6.3.9 Hager Group
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Ring Main Unit (RMU) Industry Segmentation

The ring main unit market report include:

End-User Transmission and Distribution
Commmercial and Residential Infrastructure
Power
Others
Geography North America
Europe
Asia-Pacific
South America
Middle-East and Africa
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Ring Main Unit (RMU) Market Research FAQs

What is the current Ring Main Unit Market size?

The Ring Main Unit Market is projected to register a CAGR of greater than 3% during the forecast period (2025-2030)

Who are the key players in Ring Main Unit Market?

Toshiba Corp, ABB Ltd., Eaton Corporation PLC, Larsen & Toubro Limited and Schneider Electric SE are the major companies operating in the Ring Main Unit Market.

Which is the fastest growing region in Ring Main Unit Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Ring Main Unit Market?

In 2025, the Asia Pacific accounts for the largest market share in Ring Main Unit Market.

What years does this Ring Main Unit Market cover?

The report covers the Ring Main Unit Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Ring Main Unit Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Ring Main Unit Industry Report

Statistics for the 2025 Ring Main Unit market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ring Main Unit analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.