Table of Content

1 INTRODUCTION 19
1.1 OBJECTIVES OF THE STUDY 19
1.2 DEFINITION 19
1.2.1 RING MAIN UNIT MARKET, BY INSTALLATION: INCLUSIONS & EXCLUSIONS 19
1.2.2 RING MAIN UNIT MARKET, BY APPLICATION: INCLUSIONS & EXCLUSIONS 20
1.2.3 RING MAIN UNIT MARKET, BY VOLTAGE RATING: INCLUSIONS & EXCLUSIONS 20
1.3 MARKET SCOPE 21
1.3.1 MARKET SEGMENTATION 21
1.3.2 REGIONAL SCOPE 21
1.4 YEARS CONSIDERED FOR THE STUDY 22
1.5 CURRENCY 22
1.6 LIMITATIONS 22
1.7 STAKEHOLDERS 23
1.8 SUMMARY OF CHANGES 23
1.8.1 DEMAND HAS NOT INCREASED AS EXPECTED 23

2 RESEARCH METHODOLOGY 24
2.1 RESEARCH DATA 24
2.1.1 SECONDARY DATA 25
2.1.1.1 Key data from secondary sources 25
2.1.2 PRIMARY DATA 25
2.1.2.1 Key data from primary sources 26
2.1.2.2 Breakdown of primaries 26
2.2 SCOPE 27
2.3 MARKET SIZE ESTIMATION 28
2.3.1 DEMAND-SIDE ANALYSIS 28
2.3.1.1 Calculation 28
2.3.1.2 Assumptions 28
2.3.2 SUPPLY-SIDE ANALYSIS 29
2.3.2.1 Calculation 29
2.3.2.2 Assumptions 30
2.3.3 FORECAST 31
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 31
2.5 PRIMARY INSIGHTS 32

3 EXECUTIVE SUMMARY 33
_

4 PREMIUM INSIGHTS 40
4.1 ATTRACTIVE OPPORTUNITIES IN THE RING MAIN UNIT MARKET DURING THE
FORECAST PERIOD 40
4.2 RING MAIN UNIT MARKET, BY REGION 40
4.3 RING MAIN UNIT MARKET, BY TYPE 41
4.4 RING MAIN UNIT MARKET, BY INSTALLATION 41
4.5 RING MAIN UNIT MARKET, BY APPLICATION 42
4.6 RING MAIN UNIT MARKET, BY VOLTAGE RATING 42

5 MARKET OVERVIEW 43
5.1 INTRODUCTION 43
5.2 COVID-19 HEALTH ASSESSMENT 43
5.3 MARKET DYNAMICS 45
5.3.1 DRIVERS 45
5.3.1.1 Increasing capacity additions and enhancement plans for distribution networks 45
5.3.1.2 Modernization of existing power infrastructure by integrating it with smart capabilities 46
5.3.2 RESTRAINTS 47
5.3.2.1 Reduced profit margins of utilities due to declining energy cost 47
5.3.2.2 High cost as compared to conventional switchgears 47
5.3.3 OPPORTUNITIES 48
5.3.3.1 Growing renewable energy sector 48
5.3.4 CHALLENGES 49
5.3.4.1 Presence of low-quality counterfeits and gray market 49
5.3.4.2 Increasing product cost due to shortage of components/parts due to COVID-19 49
5.4 VALUE CHAIN ANALYSIS 51
5.4.1 RAW MATERIAL SUPPLIERS 51
5.4.2 COMPONENT MANUFACTURING 51
5.4.3 HARDWARE ASSEMBLY 51
5.4.4 DISTRIBUTION & POST-SALES SERVICES 52
5.5 CASE STUDY ANALYSIS 52
5.5.1 RING MAIN UNITS FOR UTILITIES 52
5.5.1.1 S?C Coburg used eco-friendly ring main units from ABB which helped in increasing reliability of power supply 52
5.5.1.2 Tenega Naisonal Berhad used sabre ring main units from Lucy Electric to develop electrical distribution infrastructure 52
_

6 SCENARIO ANALYSIS 53
6.1 SCENARIO ANALYSIS 53
6.1.1 OPTIMISTIC SCENARIO 54
6.1.2 REALISTIC SCENARIO 55
6.1.3 PESSIMISTIC SCENARIO 56

7 RING MAIN UNIT MARKET, BY TYPE 57
7.1 INTRODUCTION 58
7.2 GAS INSULATED 59
7.2.1 ADVANTAGE OF COMPACTNESS TO DRIVE THE SEGMENT 59
7.3 AIR INSULATED 59
7.3.1 MODERNIZATION OF ELECTRICITY DISTRIBUTION IN DEVELOPING COUNTRIES WIL DRIVE THE SEGMENT 59
7.4 OIL INSULATED 60
7.4.1 GROWING INDUSTRIAL SECTOR IN ASIA PACIFIC AND MIDDLE EAST WIL DRIVE THE SEGMENT 60
7.5 SOLID DIELECTRIC 61
7.5.1 BENEFITS LIKE OPERATIONAL SAFETY AND LOW CARBON EMISSIONS TO DRIVE THE SEGMENT 61

8 RING MAIN UNIT MARKET, BY INSTALLATION 63
8.1 INTRODUCTION 64
8.2 OUTDOOR 65
8.2.1 INCREASING INSTALLATION OF SOLAR AND WIND POWER PLANTS WILL DRIVE THE SEGMENT 65
8.3 INDOOR 66
8.3.1 GROWING INDUSTRIAL & COMMERCIAL SECTORS IN DEVELOPING COUNTRIES WILL DRIVE THE SEGMENT 66

9 RING MAIN UNIT MARKET, BY APPLICATION 67
9.1 INTRODUCTION 68
9.2 DISTRIBUTION UTILITIES 69
9.2.1 INCREASING T&D INVESTMENTS TO MEET THE GROWING POWER DEMAND WILL DRIVE THE SEGMENT 69
9.3 INDUSTRIES 70
9.3.1 ADVANTAGES SUCH AS UNINTERRUPTED POWER SUPPLY AND FAULT PROTECTION WILL DRIVE THE SEGMENT 70
9.4 INFRASTRUCTURE & TRANSPORTATION 71
9.4.1 GROWING DEMAND FOR USING SMART DISTRIBUTION NETWORKS TO DRIVE THE SEGMENT 71
_

10 RING MAIN UNIT MARKET, BY VOLTAGE RATING 72
10.1 INTRODUCTION 73
10.2 UP TO 15 KV 74
10.2.1 INCREASING COMMERCIAL ESTABLISHMENTS TO DRIVE THE SEGMENT 74
10.3 16–25 KV 74
10.3.1 INCREASING INVESTMENTS IN RAILWAYS AND GROWING USAGE IN SMALL-SCALE INDUSTRIES TO DRIVE THE SEGMENT 74
10.4 ABOVE 25 KV 75
10.4.1 GROWING USAGE IN LARGE-SCALE INDUSTRIES WILL DRIVE DEMAND 75

11 RING MAIN UNIT MARKET, BY REGION 77
11.1 INTRODUCTION 78
11.2 IMPACT OF COVID-19 ON GLOBAL RING MAIN UNIT MARKET 80
11.3 NORTH AMERICA 80
11.3.1 IMPACT OF COVID-19 ON NORTH AMERICA 83
11.3.1.1 US 84
11.3.1.1.1 Modernization of aging infrastructure is expected to boost the ring main unit demand in the US 84
11.3.1.2 Canada 85
11.3.1.2.1 Increasing investments in wind energy to foster the ring main unit demand in Canada 85
11.3.1.3 Mexico 86
11.3.1.3.1 Increasing investments in electric power infrastructure and focus on renewable power generatio to boost the demand in Mexico 86
11.4 EUROPE 87
11.4.1 IMPACT OF COVID-19 ON EUROPE 89
11.4.1.1 Germany 90
11.4.1.1.1 Growth in economy and sustainable growth in the renewable sector to boost the market in Germany 90
11.4.1.2 France 91
11.4.1.2.1 Growth in renewable energy consumption to drive the ring main unit market in France 91
11.4.1.3 UK 92
11.4.1.3.1 Increase in T&D investments and clean energy targets drive the market in the UK 92
11.4.1.4 Rest of Europe 93
11.5 ASIA PACIFIC 94
11.5.1 IMPACT OF COVID-19 ON ASIA PACIFIC 96
11.5.1.1 India 97
11.5.1.1.1 Renovating existing power plants and expanding power capacity might fuel the demand for ring main units in India 97
11.5.1.2 Japan 98
11.5.1.2.1 Focus on the rebuilding of power grids and substations might drive the ring main unit demand in the country 98
11.5.1.3 China 99
11.5.1.3.1 Shift toward unconventional resources of energy to the renewables likely to create growth opportunities in the country 99
11.5.1.4 Malaysia 100
11.5.1.4.1 Efforts to reduce CO2 emissions by diversifying electricity fuel mix to drive the market in Malaysia 100
11.5.1.5 South Korea 101
11.5.1.5.1 Government initiative toward power generation through renewable energy sources might drive the South Korean ring main unit market 101
11.5.1.6 Rest of Asia Pacific 102
11.6 MIDDLE EAST 103
11.6.1 IMPACT OF COVID-19 ON THE MIDDLE EAST 105
11.6.1.1 Saudi Arabia 106
11.6.1.1.1 Investment in power projects is expected to drive the market in Saudi Arabia 106
11.6.1.2 UAE 107
11.6.1.2.1 Growth in infrastructure and shift toward renewable energy to fuel the demand in the UAE 107
11.6.1.3 Kuwait 108
11.6.1.3.1 Rise in demand for electricity to boost the demand in Kuwait 108
11.6.1.4 Qatar 109
11.6.1.4.1 Growth in investments in the renewable sector is likely to drive Qatar?s market 109
11.6.1.5 Rest of the Middle East 110
11.7 AFRICA 111
11.7.1 IMPACT OF COVID-19 ON AFRICA 112
11.7.1.1 South Africa 113
11.7.1.1.1 Increasing electricity demand & investments in the power sector to drive the South African market 113
11.7.1.2 Egypt 114
11.7.1.2.1 Government initiative to expand power generation capacity is likely to bring ring main unit demand in the country 114
11.7.1.2.2 Rest of Africa 115
11.8 SOUTH AMERICA 116
11.8.1 IMPACT OF COVID-19 ON SOUTH AMERICA 118
11.8.1.1 Brazil 119
11.8.1.1.1 Modernization of existing power infrastructure and high electricity demand in the country to increase demand for ring main units 119
11.8.1.2 Argentina 120
11.8.1.2.1 Increasing renewable energy capacity to foster the demand in Argentina 120
11.8.1.3 Rest of South America 121
12 COMPETITIVE LANDSCAPE 122
12.1 OVERVIEW 122
12.2 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS 124
12.3 MARKET EVALUATION FRAMEWORK 124
12.4 KEY MARKET DEVELOPMENTS 125
12.4.1 NEW PRODUCT LAUNCHES 125
12.4.2 INVESTMENTS & EXPANSIONS 126
12.4.3 CONTRACTS & AGREEMENTS 126
12.4.4 MERGERS & ACQUISITIONS 126
13 COMPANY EVALUATION MATRIX AND COMPANY PROFILES 127
13.1 COMPANY EVALUATION MATRIX DEFINITIONS AND METHODOLOGY 127
13.1.1 STAR 127
13.1.2 INNOVATORS 127
13.1.3 PERVASIVE 127
13.1.4 EMERGING COMPANIES 127
13.2 COMPANY PROFILE 129
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.2.1 ABB 129
13.2.2 SIEMENS 133
13.2.3 EATON 137
13.2.4 SCHNEIDER ELECTRIC 140
13.2.5 LARSEN & TOUBRO 143
13.2.6 LS ELECTRIC 146
13.2.7 LUCY ELECTRIC 148
13.2.8 C&S ELECTRIC 150
13.2.9 TIEPCO 151
13.2.10 ENTEC ELECTRIC & ELECTRONIC 152
13.2.11 ORECCO ELECTRIC 153
13.2.12 ORMAZABAL 155
13.2.13 NATUS 156
13.2.14 ALFANAR 157
13.2.15 WENZHOU ROCKWELL TRANSFORMER 158
13.2.16 YUEQING LIYOND ELECTRIC 159
13.2.17 CHINA TRANSPOWERS ELECTRIC 159
13.2.18 INDKOM ENGINEERING 160
13.2.19 HUNAN ELECTRIC UNION 160
13.2.20 SWATI SWITCHGEARS 161
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
_

14 APPENDIX 162
14.1 INSIGHTS OF INDUSTRY EXPERTS 162
14.2 DISCUSSION GUIDE 163
14.4 AVAILABLE CUSTOMIZATIONS 168
14.5 RELATED REPORTS 168
14.6 AUTHOR DETAILS 169



List of Figures



FIGURE 1 MNM DOWNGRADES ITS FORECAST OF RING MAIN UNIT MARKET (2018–2021) 23
FIGURE 2 RING MAIN UNIT MARKET: RESEARCH DESIGN 24
FIGURE 3 MAIN METRICS CONSIDERED IN ASSESSING DEMAND FOR RING MAIN UNITS 27
FIGURE 4 SUPPLY-SIDE ANALYSIS 29
FIGURE 5 MAIN METRICS CONSIDERED IN ASSESSING SUPPLY FOR RING MAIN UNIT 30
FIGURE 6 REVENUE ANALYSIS, 2019 30
FIGURE 7 DATA TRIANGULATION METHODOLOGY 31
FIGURE 8 KEY SERVICE PROVIDERS’ POINTS OF VIEW 32
FIGURE 9 SCENARIO ANALYSIS: RING MAIN UNIT MARKET, 2018–2025 33
FIGURE 10 SCENARIO ANALYSIS: RING MAIN UNIT MARKET, 34
FIGURE 11 ASIA PACIFIC IS EXPECTED TO DOMINATE THE RING MAIN UNIT MARKET IN TERMS OF CAGR (2020–2025) 36
FIGURE 12 GAS INSULATED SEGMENT IS EXPECTED TO LEAD THE RING MAIN UNIT MARKET DURING THE FORECAST PERIOD 36
FIGURE 13 OUTDOOR SEGMENT IS EXPECTED TO LEAD THE RING MAIN UNIT MARKET DURING THE FORECAST PERIOD 37
FIGURE 14 DISTRIBUTION UTILITIES SEGMENT IS EXPECTED TO LEAD THE RING MAIN UNIT MARKET DURING THE FORECAST PERIOD 38
FIGURE 15 UP TO 15 KV SEGMENT IS EXPECTED TO LEAD THE RING MAIN UNIT MARKET DURING THE FORECAST PERIOD 38
FIGURE 16 RISING DEMAND FOR POWER GENERATION AND SHIFT TOWARD RENEWABLE ENERGY SOURCES ARE DRIVING THE RING MAIN UNIT MARKET, 2020–2025 40
FIGURE 17 ASIA PACIFIC MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 40
FIGURE 18 GAS INSULATED SEGMENT DOMINATED THE RING MAIN UNIT MARKET IN 2019 41
FIGURE 19 OUTDOOR SEGMENT DOMINATED THE RING MAIN UNIT MARKET IN 2019 41
FIGURE 20 DISTRIBUTION UTILITIES SEGMENT DOMINATED THE RING MAIN UNIT MARKET
IN 2019 42
FIGURE 21 UP TO 15 KV SEGMENT DOMINATED THE RING MAIN UNIT MARKET IN 2019 42
FIGURE 22 COVID-19 THE GLOBAL PROPAGATION 44
FIGURE 23 RING MAIN UNIT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES 45
FIGURE 24 NEW CAPACITY ADDITIONS (MW), 2019 46
FIGURE 25 RENEWABLE COST (USD/KWH) FOR POWER GENERATION (2010–2022) 47
FIGURE 26 POWER GENERATION INVESTMENT, USD BILLION (2018) 48
FIGURE 27 RING MAIN UNIT VALUE CHAIN 51
FIGURE 28 CRITERIA IMPACTING THE ECONOMY 53
FIGURE 29 GAS INSULATED SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE
IN 2019 58
FIGURE 30 OUTDOOR SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2019 64
FIGURE 31 DISTRIBUTION UTILITIES SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2019 68
FIGURE 32 UP TO 15 KV SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2019 73
FIGURE 33 REGIONAL SNAPSHOT: ASIA PACIFIC IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 78
FIGURE 34 RING MAIN UNIT MARKET SHARE (VALUE), BY REGION, 2019 78
FIGURE 35 GLOBAL RING MAIN UNIT MARKET: COVID-19 IMPACT 80
FIGURE 36 NORTH AMERICA: MARKET SNAPSHOT 81
FIGURE 37 NORTH AMERICA: COVID-19 IMPACT ON THE RING MAIN UNIT MARKET 2018–2025 (USD MILLION) 84
FIGURE 38 EUROPE: COVID-19 IMPACT ON THE RING MAIN UNIT MARKET 2018–2025 (USD MILLION) 89
FIGURE 39 ASIA PACIFIC: MARKET SNAPSHOT 94
FIGURE 40 ASIA PACIFIC: COVID-19 IMPACT ON THE RING MAIN UNIT MARKET 2018–2025 (USD MILLION) 97
FIGURE 41 MIDDLE EAST: COVID-19 IMPACT ON THE RING MAIN UNIT MARKET 2018–2025 (USD MILLION) 106
FIGURE 42 AFRICA: COVID-19 IMPACT ON THE RING MAIN UNIT MARKET 2018–2025 (USD MILLION) 113
FIGURE 43 SOUTH AMERICA: COVID-19 IMPACT ON THE RING MAIN UNIT MARKET 2018–2025 (USD MILLION) 118
FIGURE 44 KEY DEVELOPMENTS IN THE RING MAIN UNIT MARKET DURING JANUARY
2016–MAY 2020 123
FIGURE 45 REVENUE ANALYSIS, 2019 124
FIGURE 46 RING MAIN UNIT MARKET COMPETITIVE LEADERSHIP MAPPING 128
FIGURE 47 ABB: COMPANY SNAPSHOT 129
FIGURE 48 ABB: SWOT ANALYSIS 132
FIGURE 49 SIEMENS: COMPANY SNAPSHOT 133
FIGURE 50 SIEMENS: SWOT ANALYSIS 135
FIGURE 51 EATON: COMPANY SNAPSHOT 137
FIGURE 52 EATON: SWOT ANALYSIS 139
FIGURE 53 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 140
FIGURE 54 SCHNEIDER ELECTRIC: SWOT ANALYSIS 141
FIGURE 55 LARSEN & TOUBRO: COMPANY SNAPSHOT 143
FIGURE 56 LARSEN & TOUBRO: SWOT ANALYSIS 144
FIGURE 57 LS ELECTRIC: COMPANY SNAPSHOT 146

 

List of Tables



TABLE 1 RING MAIN UNIT MARKET SNAPSHOT 35
TABLE 2 NEW CAPACITY ADDITIONS IN 2019 (MW) 46
TABLE 3 TABLE 1: COUNTRY-WISE PERCENTAGE DEVIATION FROM BENCHMARKS
DUE TO COVID-19 50
TABLE 4 OPTIMISTIC SCENARIO: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 54
TABLE 5 REALISTIC SCENARIO: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 55
TABLE 6 PESSIMISTIC SCENARIO: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 56
TABLE 7 RING MAIN UNIT MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION) 58
TABLE 8 GAS INSULATED: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 59
TABLE 9 AIR INSULATED: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 60
TABLE 10 OIL INSULATED: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 61
TABLE 11 SOLID DIELECTRIC: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 62
TABLE 12 RING MAIN UNIT MARKET SIZE, BY INSTALLATION, 2018–2025 (USD MILLION) 64
TABLE 13 OUTDOOR: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 65
TABLE 14 INDOOR: RING MAIN UNIT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 66
TABLE 15 RING MAIN UNIT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 68
TABLE 16 DISTRIBUTION UTILITIES: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 69
TABLE 17 INDUSTRIES: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 70
TABLE 18 INFRASTRUCTURE & TRANSPORTATION: RING MAIN UNIT MARKET SIZE BY REGION, 2018–2025 (USD MILLION) 71
TABLE 19 RING MAIN UNIT SIZE, BY VOLTAGE RATING, 2018–2025 (USD MILLION) 73
TABLE 20 UP TO 15 KV: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 74
TABLE 21 16–25 KV: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 75
TABLE 22 ABOVE 25 KV: RING MAIN UNIT MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 76
TABLE 23 RING MAIN UNIT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 79
TABLE 24 RING MAIN UNIT MARKET SIZE, BY REGION, 2018–2025 (UNITS) 79
TABLE 25 GLOBAL: RING MAIN UNIT MARKET SIZE, BY COVID-19 SITUATION 2018–2025 (USD MILLION) 80
TABLE 26 NORTH AMERICA: RING MAIN UNIT MARKET SIZE, BY TYPE 2018–2025 (USD MILLION) 81
TABLE 27 NORTH AMERICA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD MILLION) 82
TABLE 28 NORTH AMERICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD MILLION) 82
TABLE 29 NORTH AMERICA: RING MAIN UNIT MARKET SIZE, BY VOLTAGE RATING 2018–2025 (USD MILLION) 82
TABLE 30 NORTH AMERICA: RING MAIN UNIT MARKET SIZE, BY COUNTRY 2018–2025 (USD MILLION) 83
TABLE 31 NORTH AMERICA: RING MAIN UNIT MARKET SIZE, BY COVID-19 SITUATION 2018–2025 (USD MILLION) 83
TABLE 32 US: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 84
TABLE 33 US: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 85
TABLE 34 CANADA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 85
TABLE 35 CANADA: INSTALLATION SIZE, BY INSTALLATION, 2018–2025 (USD THOUSAND) 86
TABLE 36 MEXICO: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 86
TABLE 37 MEXICO: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 87
TABLE 38 EUROPE: RING MAIN UNIT MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION) 87
TABLE 39 EUROPE: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD MILLION) 88
TABLE 40 EUROPE: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD MILLION) 88
TABLE 41 EUROPE: RING MAIN UNIT MARKET SIZE, BY VOLTAGE RATING 2018–2025 (USD MILLION) 88
TABLE 42 EUROPE: RING MAIN UNIT MARKET SIZE, BY COUNTRY 2018–2025 (USD MILLION) 88
TABLE 43 EUROPE: RING MAIN UNIT MARKET SIZE, BY COVID-19 SITUATION 2018–2025 (USD MILLION) 89
TABLE 44 GERMANY: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 90
TABLE 45 GERMANY: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 90
TABLE 46 FRANCE: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 91
TABLE 47 FRANCE: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 91
TABLE 48 UK: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 92
TABLE 49 UK: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 92
TABLE 50 REST OF EUROPE: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 93
TABLE 51 REST OF EUROPE: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 93
TABLE 52 ASIA PACIFIC: RING MAIN UNIT MARKET SIZE, BY TYPE 2018–2025 (USD MILLION) 95
TABLE 53 ASIA PACIFIC: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD MILLION) 95
TABLE 54 ASIA PACIFIC: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD MILLION) 95
TABLE 55 ASIA PACIFIC: RING MAIN UNIT MARKET SIZE, BY VOLTAGE RATING 2018–2025 (USD MILLION) 96
TABLE 56 ASIA PACIFIC: RING MAIN UNIT MARKET SIZE, BY COUNTRY 2018–2025 (USD MILLION) 96
TABLE 57 ASIA PACIFIC: RING MAIN UNIT MARKET SIZE, BY COVID-19 SITUATION 2018–2025 (USD MILLION) 96
TABLE 58 INDIA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 97
TABLE 59 INDIA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 98
TABLE 60 JAPAN: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 98
TABLE 61 JAPAN: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 99
TABLE 62 CHINA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 99
TABLE 63 CHINA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 100
TABLE 64 MALAYSIA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 100
TABLE 65 MALAYSIA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 101
TABLE 66 SOUTH KOREA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 101
TABLE 67 SOUTH KOREA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 102
TABLE 68 REST OF ASIA PACIFIC: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 102
TABLE 69 REST OF ASIA PACIFIC: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 103
TABLE 70 MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY TYPE 2018–2025 (USD MILLION) 103
TABLE 71 MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD MILLION) 104
TABLE 72 MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD MILLION) 104
TABLE 73 MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY VOLTAGE RATING 2018–2025 (USD MILLION) 104
TABLE 74 MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY COUNTRY 2018–2025 (USD MILLION) 105
TABLE 75 MIDDLE EAST: RING MAIN UNIT MARKET SIZE, BY COVID-19 SITUATION 2018–2025 (USD MILLION) 105
TABLE 76 SAUDI ARABIA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 106
TABLE 77 SAUDI ARABIA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 107
TABLE 78 UAE: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 107
TABLE 79 UAE: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 108
TABLE 80 KUWAIT: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 108
TABLE 81 KUWAIT: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 109
TABLE 82 QATAR: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 109
TABLE 83 QATAR: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 110
TABLE 84 REST OF THE MIDDLE EAST: RING MAIN UNIT MARKET SIZE BY APPLICATION, 2018–2025 (USD THOUSAND) 110
TABLE 85 REST OF THE MIDDLE EAST: RING MAIN UNIT MARKET SIZE BY INSTALLATION, 2018–2025 (USD THOUSAND) 110
TABLE 86 AFRICA: RING MAIN UNIT MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION) 111
TABLE 87 AFRICA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD MILLION) 111
TABLE 88 AFRICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD MILLION) 111
TABLE 89 AFRICA: RING MAIN UNIT MARKET SIZE, BY VOLTAGE RATING 2018–2025 (USD MILLION) 112
TABLE 90 AFRICA: RING MAIN UNIT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION) 112
TABLE 91 AFRICA: RING MAIN UNIT MARKET SIZE, BY COVID-19 SITUATION 2018–2025 (USD MILLION) 112
TABLE 92 SOUTH AFRICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 113
TABLE 93 SOUTH AFRICA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 114
TABLE 94 EGYPT: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 114
TABLE 95 EGYPT: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 115
TABLE 96 REST OF AFRICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 115
TABLE 97 REST OF AFRICA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 116
TABLE 98 SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY TYPE 2018–2025 (USD MILLION) 116
TABLE 99 SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD MILLION) 117
TABLE 100 SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD MILLION) 117
TABLE 101 SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY VOLTAGE RATING 2018–2025 (USD MILLION) 117
TABLE 102 SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY COUNTRY 2018–2025 (USD MILLION) 118
TABLE 103 SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY COVID-19 SITUATION 2018–2025 (USD MILLION) 118
TABLE 104 BRAZIL: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 119
TABLE 105 BRAZIL: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 119
TABLE 106 ARGENTINA: RING MAIN UNIT MARKET SIZE, BY APPLICATION 2018–2025 (USD THOUSAND) 120
TABLE 107 ARGENTINA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION 2018–2025 (USD THOUSAND) 120
TABLE 108 REST OF SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY APPLICATION, 2018–2025 (USD THOUSAND) 121
TABLE 109 REST OF SOUTH AMERICA: RING MAIN UNIT MARKET SIZE, BY INSTALLATION, 2018–2025 (USD THOUSAND) 121
TABLE 110 MARKET EVALUATION FRAMEWORK 125