Air Insulated Ring Main Unit Market By Type (Indoor RMU, Outdoor RMU), By Voltage Rating (1–15 kV, 16–25 kV, 26–36 kV), By Installation Type (Fixed, Modular), By End-Use Industry (Utilities, Industrial, Commercial, Residential), and By Region; Global Insights & Forecast (2024 – 2030)

Published: January, 2025  
|   Report ID: EP5109  
|   Energy and Power

As per Intent Market Research, the Air Insulated Ring Main Unit Market was valued at USD 3.1 billion in 2023 and will surpass USD 4.8 billion by 2030; growing at a CAGR of 6.2% during 2024 - 2030.

The Air Insulated Ring Main Unit (RMU) Market is a critical component of the electrical distribution system, designed to ensure reliable and efficient power distribution within grids. Ring Main Units (RMUs) are used to protect, control, and isolate electrical circuits, providing safety and flexibility in power systems. Air-insulated RMUs offer several advantages, including low maintenance costs, high reliability, and the ability to withstand varying environmental conditions. These units are designed to operate in outdoor and indoor installations, making them suitable for a wide range of applications across different industries.

As the global demand for reliable electricity continues to rise, particularly in urban and industrial sectors, the need for advanced power distribution solutions such as air-insulated RMUs is growing. The integration of renewable energy sources, coupled with the rising trend of smart grid development, is further fueling the adoption of air-insulated RMUs. These units are being increasingly deployed to enhance grid reliability, reduce downtime, and improve the efficiency of electricity distribution, driving market growth.

Outdoor RMUs Lead Due to Their Suitability for Harsh Environments

The Outdoor RMU segment is the largest within the air-insulated ring main unit market. Outdoor RMUs are designed to operate in open environments, providing high performance and reliability in harsh weather conditions. They are widely used in utility applications, particularly for power distribution in substations, remote locations, and industrial plants. Outdoor RMUs are highly durable, offering protection against environmental factors such as temperature fluctuations, dust, and humidity.

As industries and urban areas expand, the need for outdoor power distribution systems increases. The ability to install outdoor RMUs in locations where space is limited or harsh environmental conditions prevail makes them highly favorable in power transmission systems. Additionally, with the increasing deployment of renewable energy plants such as wind and solar farms, outdoor RMUs are critical for integrating these sources into the grid, further solidifying their position as the largest segment in the market.

Air Insulated Ring Main Unit Market Size

1–15 kV Voltage Rating Segment Shows Significant Demand

The 1–15 kV Voltage Rating segment holds a significant share of the air-insulated RMU market. This voltage range is commonly used for medium-voltage power distribution systems in utilities, industrial plants, and commercial buildings. The 1–15 kV range is ideal for ensuring a balance between power supply and grid stability while reducing the risk of electrical faults. This segment has gained traction due to its application in power distribution networks that require cost-effective yet efficient systems.

The growing adoption of smart grid technologies, along with increasing infrastructure investments in emerging markets, has contributed to the demand for air-insulated RMUs with a voltage rating of 1–15 kV. As regions expand their power networks to meet rising electricity demand, this segment is expected to continue experiencing steady growth. Moreover, the integration of renewable energy sources requires reliable distribution systems in this voltage range, further driving the segment's growth.

Fixed Installation Type Dominates Due to its Stability and Reliability

The Fixed Installation Type is the dominant segment in the air-insulated RMU market. Fixed RMUs are widely used in substations and power distribution networks where long-term, stable, and reliable performance is essential. These units are often chosen for their robust design and ability to handle high electrical loads consistently over extended periods. Fixed installation RMUs offer simplicity in terms of maintenance and operation, making them ideal for utility and industrial applications that require dependable performance.

The fixed installation type is commonly employed in the utilities sector, where system stability and uptime are crucial. As urban areas expand and industrial applications grow, the need for fixed RMUs to manage electricity distribution efficiently increases. These units are also key to integrating renewable energy sources, which are often deployed in fixed installations in power distribution systems.

Utilities Sector Remains the Largest End-Use Industry

The Utilities sector remains the largest end-use industry for air-insulated RMUs. Power utilities rely heavily on RMUs to manage and distribute electricity across large networks. RMUs are essential in ensuring the smooth operation of electrical grids by providing protection, isolation, and control of electrical circuits. With the increasing need for smart grid solutions and the integration of renewable energy sources, the demand for RMUs in the utilities sector is expected to rise.

The utilities sector is undergoing significant transformation, with investments being made to modernize grid infrastructure, improve efficiency, and ensure grid stability. This is further accelerated by the global push toward cleaner energy sources and digitalized grid systems. As such, RMUs, particularly those designed for utilities, are poised to play an integral role in the modernization and optimization of power distribution systems.

Asia Pacific Leads the Air Insulated Ring Main Unit Market

The Asia Pacific region is the largest and fastest-growing market for air-insulated ring main units. The region's rapid urbanization, industrial growth, and increasing investments in power infrastructure are driving the demand for reliable and efficient power distribution systems. Countries such as China, India, and Japan are focusing on modernizing their power grids and integrating renewable energy sources, contributing to the high demand for RMUs.

Asia Pacific's market growth is fueled by government initiatives to upgrade aging power infrastructure and expand electrical grids to support industrialization and urbanization. Additionally, with the rise of smart cities and the need for reliable energy solutions, the demand for air-insulated RMUs in the region is expected to continue expanding. As the Asia Pacific region embraces renewable energy technologies and works toward achieving energy efficiency, the role of RMUs in power distribution networks will be increasingly important.

Air Insulated Ring Main Unit Market Size by Region 2030

Leading Companies and Competitive Landscape

The Air Insulated Ring Main Unit Market is competitive, with several major players dominating the landscape. Companies such as Siemens AG, Schneider Electric, ABB Ltd., Eaton Corporation, and Mitsubishi Electric lead the market by offering a wide range of RMU products designed for various applications. These companies are focused on expanding their portfolios through innovation and the development of advanced, energy-efficient technologies.

The competitive landscape is marked by significant investments in research and development, as companies aim to improve the performance, reliability, and integration of RMUs in smart grid systems. Additionally, partnerships and collaborations with utility providers and industrial players are key strategies for expanding market share. As demand for energy-efficient and reliable power distribution systems grows, these companies are poised to maintain their leadership in the air-insulated RMU market.

List of Leading Companies:

  • ABB Ltd.
  • Siemens AG
  • Schneider Electric SE
  • Eaton Corporation
  • General Electric (GE)
  • Mitsubishi Electric Corporation
  • Lucy Electric
  • Ormazabal
  • CG Power and Industrial Solutions Limited
  • WEG S.A.
  • Larsen & Toubro Limited
  • TIEPCO (The Industrial Electric and Power Company)
  • Hyundai Electric & Energy Systems Co.
  • Tavrida Electric
  • Entec Electric & Electronic Co.

Recent Developments:

  • In November 2024, Schneider Electric introduced a compact air insulated RMU designed for renewable energy applications.
  • In October 2024, Siemens AG secured a major contract to provide air insulated RMUs for a commercial power project in Southeast Asia.
  • In September 2024, ABB Ltd. launched an eco-friendly air insulated RMU targeting industrial applications.
  • In August 2024, Lucy Electric announced a new outdoor air insulated RMU range optimized for harsh environmental conditions.
  • In July 2024, Eaton Corporation partnered with a Middle Eastern utility to deploy air insulated RMUs across multiple urban distribution networks.

Report Scope:

Report Features

Description

Market Size (2023)

USD 3.1 billion

Forecasted Value (2030)

USD 4.8 billion

CAGR (2024 – 2030)

6.2%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Air Insulated Ring Main Unit Market By Type (Indoor RMU, Outdoor RMU), By Voltage Rating (1–15 kV, 16–25 kV, 26–36 kV), By Installation Type (Fixed, Modular), By End-Use Industry (Utilities, Industrial, Commercial, Residential)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

ABB Ltd., Siemens AG, Schneider Electric SE, Eaton Corporation, General Electric (GE), Mitsubishi Electric Corporation, Lucy Electric, Ormazabal, CG Power and Industrial Solutions Limited, WEG S.A., Larsen & Toubro Limited, TIEPCO (The Industrial Electric and Power Company), Hyundai Electric & Energy Systems Co., Tavrida Electric, Entec Electric & Electronic Co.

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Air Insulated Ring Main Unit Market, by Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Indoor RMU

   4.2. Outdoor RMU

5. Air Insulated Ring Main Unit Market, by Voltage Rating (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. 1–15 kV

   5.2. 16–25 kV

   5.3. 26–36 kV

6. Air Insulated Ring Main Unit Market, by Installation Type (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Fixed

   6.2. Modular

7. Air Insulated Ring Main Unit Market, by End-Use Industry (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Utilities

   7.2. Industrial

   7.3. Commercial

   7.4. Residential

8. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Regional Overview

   8.2. North America

      8.2.1. Regional Trends & Growth Drivers

      8.2.2. Barriers & Challenges

      8.2.3. Opportunities

      8.2.4. Factor Impact Analysis

      8.2.5. Technology Trends

      8.2.6. North America Air Insulated Ring Main Unit Market, by Type

      8.2.7. North America Air Insulated Ring Main Unit Market, by Voltage Rating

      8.2.8. North America Air Insulated Ring Main Unit Market, by Installation Type

      8.2.9. North America Air Insulated Ring Main Unit Market, by End-Use Industry

      8.2.10. By Country

         8.2.10.1. US

               8.2.10.1.1. US Air Insulated Ring Main Unit Market, by Type

               8.2.10.1.2. US Air Insulated Ring Main Unit Market, by Voltage Rating

               8.2.10.1.3. US Air Insulated Ring Main Unit Market, by Installation Type

               8.2.10.1.4. US Air Insulated Ring Main Unit Market, by End-Use Industry

         8.2.10.2. Canada

         8.2.10.3. Mexico

    *Similar segmentation will be provided for each region and country

   8.3. Europe

   8.4. Asia-Pacific

   8.5. Latin America

   8.6. Middle East & Africa

9. Competitive Landscape

   9.1. Overview of the Key Players

   9.2. Competitive Ecosystem

      9.2.1. Level of Fragmentation

      9.2.2. Market Consolidation

      9.2.3. Product Innovation

   9.3. Company Share Analysis

   9.4. Company Benchmarking Matrix

      9.4.1. Strategic Overview

      9.4.2. Product Innovations

   9.5. Start-up Ecosystem

   9.6. Strategic Competitive Insights/ Customer Imperatives

   9.7. ESG Matrix/ Sustainability Matrix

   9.8. Manufacturing Network

      9.8.1. Locations

      9.8.2. Supply Chain and Logistics

      9.8.3. Product Flexibility/Customization

      9.8.4. Digital Transformation and Connectivity

      9.8.5. Environmental and Regulatory Compliance

   9.9. Technology Readiness Level Matrix

   9.10. Technology Maturity Curve

   9.11. Buying Criteria

10. Company Profiles

   10.1. ABB Ltd.

      10.1.1. Company Overview

      10.1.2. Company Financials

      10.1.3. Product/Service Portfolio

      10.1.4. Recent Developments

      10.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   10.2. Siemens AG

   10.3. Schneider Electric SE

   10.4. Eaton Corporation

   10.5. General Electric (GE)

   10.6. Mitsubishi Electric Corporation

   10.7. Lucy Electric

   10.8. Ormazabal

   10.9. CG Power and Industrial Solutions Limited

   10.10. WEG S.A.

   10.11. Larsen & Toubro Limited

   10.12. TIEPCO (The Industrial Electric and Power Company)

   10.13. Hyundai Electric & Energy Systems Co.

   10.14. Tavrida Electric

   10.15. Entec Electric & Electronic Co.

11. Appendix

 

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A comprehensive market research approach was employed to gather and analyze data on the Air Insulated Ring Main Unit Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Air Insulated Ring Main Unit Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Air Insulated Ring Main Unit Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Air Insulated Ring Main Unit Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Air Insulated Ring Main Unit Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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