APAC Is Dominating Ring Main Unit Market

The global ring main unit market was valued at USD 2,220 million in 2022, and this number is projected to reach USD 3,674 million by 2030, advancing at a CAGR of 6.5% during 2022–2030, according to P&S Intelligence.

This development can be credited to the growing demand for the refurbishment of the present transmission set-up with improved subsystems. Additionally, the increasing concentration on the installation of RMUs, which are quite easy to replace, is another main reason boosting the demand for them.

Read More: https://www.psmarketresearch.com/market-analysis/ring-main-unit-market
APAC Is Dominating Ring Main Unit Market The global ring main unit market was valued at USD 2,220 million in 2022, and this number is projected to reach USD 3,674 million by 2030, advancing at a CAGR of 6.5% during 2022–2030, according to P&S Intelligence. This development can be credited to the growing demand for the refurbishment of the present transmission set-up with improved subsystems. Additionally, the increasing concentration on the installation of RMUs, which are quite easy to replace, is another main reason boosting the demand for them. Read More: https://www.psmarketresearch.com/market-analysis/ring-main-unit-market
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Ring Main Unit Market Size & Forecast Report, 2023-2030
The ring main unit market size stood at USD 2,220 million in 2022, and it is expected to advance at a CAGR of 6.5% during 2022–2030, to reach USD 3,674 million by 2030.
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