The report "Ring Main Unit Market by Type (Gas Paco Alcacer Dortmund Jersey , Air, Oil, and Solid Dielectric), Installation (Outdoor and Indoor), Application (Distribution Utilities, Industries, and Infrastructure & Transportation) Mahmoud Dahoud Dortmund Jersey , and by Region - Global Forecast to 2022", The ring main unit market is expected to grow from an estimated USD 1.64 Billion in 2017 to USD 2.45 Billion by 2022, at a CAGR of 8.35% from 2017 to 2022. The global market is set to witness a significant growth, due to smart distribution networks and modernization of existing power infrastructure. Get Sample Copy of Report@ The gas insulated segment is expected to hold the largest share of the ring main unit market, by type, during the forecast period The applications of gas insulated ring main unit include power grids, wind power plants Thomas Delaney Dortmund Jersey , railway systems, underground installations, and mining applications. It is the largest segment, by type, for the ring main unit market. Increasing power consumption in Asia-Pacific requires secure and reliable source of power supply, which in turn is likely to drive the gas insulated ring main unit market. Gas insulated ring main unit can be easily integrated with an existing system. Moreover, these ring main units have SF6 as insulation medium Achraf Hakimi Dortmund Jersey , which is enclosed in a tank. All these factors are expected to boost the gas insulated ring main unit market. Distribution utilities to be the fastest growing application segment in the ring main unit market With regard to the application segment, the distribution utilities segment is expected to be the fastest growing market from 2017 to 2022. The distribution utilities segment requires ring main units for metering, measuring, for uninterrupted power supply, and to prevent damages to critical equipment. Moreover, ring main units are vital for maintaining the stability of a grid system. The distribution utilities segment is expected to exhibit the highest growth rate during the forecast period. This growth is attributed to power generation capacity addition and enhancement plans for distribution networks in countries in the Asia-Pacific region, such as China and India Dan-Axel Zagadou Dortmund Jersey , to meet the growing electricity demand. This in turn would require deployment of power equipment such as ring main units for uninterrupted power supply. Download PDF Brochure@ To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the ring main unit market. These players include ABB, Ltd. (Switzerland), Schneider Electric SE (France), Eaton Corporation, PLC (Ireland), Siemens AG (Germany) Roman Burki Dortmund Jersey , and General Electric Company (U.S.). Leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share. In June 2017, ABB has launched ZX2 AirPlus which will be used for primary power distribution. Also in May 2017, Qatar General Water & Electricity Corporation (Kahramaa) has signed a contract for 8DJH switchgear will be used as ring main units (RMU) Asia-Pacific: The fastest growing market for ring main unit In this report, the ring main unit market has been analyzed with respect to six regions, namely, Asia-Pacific, Europe Raphael Guerreiro Dortmund Jersey , North America, the Middle East, South America, and Africa. Asia-Pacific is expected to dominate the global ring main unit market, owing to capacity additions, adoption of smart grids, and rural electrification in the region. China is expected to dominate the ring main unit market in the Asia-Pacific region. Countries such as Vietnam and Malaysia are having high growth prospects in the Asia-Pacific ring main unit market. Increasing focus on renewable power generation is likely to boost the demand for the ring main unit market in the region. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30 Marco Reus Dortmund Jersey ,000 high growth niche opportunitiesthreats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@ Total Views: 0Word Count: 684See All articles From Author There are a number of trends taking place lately in the pharmaceutical industry, one of them being generic drugs, the other being globalization of generic medicine. As generic medicine is taken root in smaller Mario Gotze Dortmund Jersey , less developed countries, the big pharmaceutical companies are clamoring for a piece of the action. With generic medicine on the rise in the U.S. and abroad, some big pharmaceutical companies have turned to underhanded practices to get these cheaper drugs out of the market. Big pharmaceutical companies are now paying off smaller generic drug makers to halt production altogether, to keep these cheaper drugs out of the market. But who pays the price for this in the end?