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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Ring Main Unit Market trends research and projections for 2017 – 2024.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Ring Main Unit Market trends research and projections for 2017 – 2024."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Ring Main Unit Market trends research and projections for 2017 – 2024

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Rising investments toward infrastructural development subject to pervasive residential and commercial establishments across developing regions will stimulate the ring main unit market size. Refurbishment of aging grid networks coupled with increasing demand for advanced control and monitoring distribution units will further embellish the business outlook.ring main unit market  Government of Serbia in partnership with the government of China have proposed plans in line with modernization of the conventional electrical infrastructure across Serbia. Regulators in 2017 have further proclaimed, investments to value over USD 6.14 billion across the country’s infrastructure sector.  China ring main unit market is projected to value over USD 300 million by 2024. Favorable government norms pertaining to the replacement of conventional fuels with sustainable energy resources favored by national renewable integration targets will fuel the industry landscape. In 2017, National Energy Administration (NEA) declared an investment worth USD 326 billion apropos the expansion of renewable energy networks across China by 2020. Global Market Scenario of Ring Main Unit Industry

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Paradigm shift towards energy security along with rising environmental constraints will embellish the ring main unit market potential. Increasing focus on account of energy efficiency favored by briskly advancing smart grid networks will further foster the industry landscape. In 2017, Western European countries including France, Italy, Germany, Sweden and UK, have collaboratively announced an investment worth USD 133.7 billion towards the expansion of smart grid networks across the region.  Reasons to Buy This Report: 1. Ring main unit Market size & share forecast by product & application, 2017-2024 2. Growth drivers, pitfalls & industry challenges 3. Ring main unit Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles  Gas insulation in 2016, accounted for over 50% of the ring main unit market share owing to rapid expansion of industrial High-Tension T&D networks. Effective insulation and di-electric strength favored by long term cost benefits in comparison to its competitive counterparts will further stimulate the product demand. In 2017, Toshiba announced an investment worth USD 30 million subject to the expansion of its switchgear and transformer manufacturing units across India.  Favorable government policies pertaining to rural electrification across Africa and Asia Pacific supported by rising investments from public and private financial institutions will foster the ring main unit market share. Continue…

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5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Ring Main Unit Market@ http://bit.ly/2hiLgy9 Request Table of Contents of this report@ http://bit.ly/2g6TNUR For Customization in this report click@ http://bit.ly/2vitr4Y

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