Energy and Power Ring Main Unit Market | Page 2

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 , to meet the growing electricity demand . This in turn would require deployment of power equipment such as ring main units for uninterrupted power supply .
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 , 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 .
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 ), 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 )
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