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 )
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities / threats which will impact 70 % to 80 % of worldwide companies ’ revenues . Currently servicing 5000 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 .
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the " Growth Engagement Model – GEM ". The GEM aims at proactive collaboration with the clients to identify new opportunities , identify most important customers , write " Attack , avoid and defend " strategies , identify sources of incremental revenues for both the company and its competitors . MarketsandMarkets™ now coming up with 1,500 MicroQuadrants ( Positioning top players across leaders , emerging companies , innovators , strategic players ) annually in high growth emerging segments . MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations / disruptions early to the market by providing them research ahead of the curve .
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, adopti on 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)
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche
opportunities/threats which will impact 70% to 80% of worldwide companies’ re venues. Currently
servicing 5000 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.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth
markets following the "Growth Engagement Model – GEM". The GEM aims at proactive
collaboration with the clients to identify new opportunities, identify most important customer s,
write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the
company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants
(Positioning top players across leaders, emerging companies, innovators, strategic players)
annually in high growth emerging segments. MarketsandMarkets™ is determined ѼЁɔ)ѡ́ѡ́啅ȁȁѡȁɕٕՔѡхѡ)مѥ̽ѥ́ɱѼѡɭЁɽ٥ѡɕ͕ɍѡٔ