Ring Main Unit Market to grow at a Significant Rate through 2026
Residential and commercial existing network upgradation is expected to drive the demand for global ring main unit market in forecast period. According to TechSci Research report, “Global Ring Main Unit Market By Type (Gas Insulated, Oil Insulated, Air Insulated, Solid Dielectric), By Component (Switch & Fuses, Self-powered Electronic Relays, Others), By Installation (Indoor v/s Outdoor), By Position (3-position, 6-position, 10-position, Others), By Voltage Rating (Up to 15 kV, 16–25 kV, Above 25 kV), By Application (Distribution Utilities, Industries, Infrastructure & Transportation), By Company, By Region, Forecast & Opportunities, 2026” , is expected to witness significant growth in the next five years owing to surge in power requirements due to high proliferation of electronic devices and the need for continuous connectivity. Adoption of new technologies, for instance, economically viable smart grid infrastructure integrated with ring main unit to obtain...