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Senior Research Analyst

IndustryARC™ updated the market research study on “𝐑𝐢𝐧𝐠 𝐌𝐚𝐢𝐧 𝐔𝐧𝐢𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 ” was valued at around USD 2.3 billion in 2023 and is projected to reach USD 3.0 billion by 2030. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭👉🏿 https://lnkd.in/gKG6tXaE   𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐤𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 ▪ 𝐑𝐢𝐬𝐢𝐧𝐠 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜𝐢𝐭𝐲 𝐝𝐞𝐦𝐚𝐧𝐝: Global population increase and improving living standards lead to a surge in #electricity consumption. RMUs are crucial components in efficiently distributing power, making them vital for meeting this demand. ▪ 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐫𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐞𝐧𝐞𝐫𝐠𝐲: The growing adoption of #solar and #wind #power necessitates the use of RMUs for integrating these #renewable sources into the power grid. ▪ 𝐔𝐧𝐝𝐞𝐫𝐠𝐫𝐨𝐮𝐧𝐝 𝐜𝐚𝐛𝐥𝐞 𝐧𝐞𝐭𝐰𝐨𝐫𝐤 𝐞𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧: Underground cables offer better reliability during harsh #weather compared to overhead lines. As underground #networks expand, the demand for RMUs suitable for this #environment increases.   𝐆𝐞𝐭 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨👉🏿 https://lnkd.in/gWAM3qG5   𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: ABB | C&S ELECTRIC LTD. | Eaton | LS ELECTRIC| Lucy Electric | Natus GmbH & Co.KG | Ormazabal | Schneider Electric | Siemens AG | TIEPCO The International Electrical Products Co | Toshiba Corporation | Larsen & Toubro | CG Power and Industrial Solutions Limited | NOJA Power | G&W Electric Co. | E&I Engineering and Contracting | Hawker Siddeley Switchgear Ltd | KAPPA Engineering | KONČAR MOTORS AND ELECTRICAL SYSTEMS   ✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭)👉🏿 https://lnkd.in/gy9aWMdy

  • Ring Main Unit Market / IndustryARC

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