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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 Justin Braun Jersey , 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.
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) Chris Tierney Jersey , 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
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