Gas Insulated Ring Main Units Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 8.9% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
The global Gas Insulated Ring Main Units (GIS RMU) market was valued at approximately USD 1.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This growth is driven by increasing demand for reliable power distribution systems and the growing trend of infrastructure modernization in the power sector. GIS RMUs offer a compact and safe solution for electricity distribution in urban areas, particularly in regions with limited space. The market is projected to reach a value of approximately USD 2.2 billion by 2030, with demand rising due to their efficiency and environmental benefits over conventional switchgear systems.
Regionally, the Gas Insulated Ring Main Units market is poised for growth across various regions. Asia Pacific held the largest market share in 2022, accounting for nearly 40% of the global market, primarily due to rapid urbanization and infrastructure development in countries such as China and India. Europe and North America are also significant markets, with Europe accounting for roughly 30% of the global share in 2022, driven by ongoing modernization of grid infrastructure. The Middle East and Africa, as well as Latin America, are expected to witness significant growth over the forecast period, with increasing investments in energy infrastructure and power grid improvements. The market in these regions is projected to grow at a healthy CAGR during the 2023 2030 period.
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ABB
Eaton
GE
Schneider Electric
Lucy Electric
Siemens
Toshiba
AEG
Beijing SOJO Electric
Xiamen Huadian
Rockwill Electric GROUP
Ceepower
Creative Distribution Automation
L&T Electrical & Automation
Golden Crown Electric
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Gas Insulated Ring Main Units Market
Low Voltage (up to 1 kV)
Medium Voltage (1 kV to 36 kV)
High Voltage (above 36 kV)
Utilities
Industrial
Commercial
Renewable Energy
Data Centers
SF6 (Sulfur Hexafluoride) Insulated
Vacuum Insulated
Air Insulated
Switchgear
Transformers
Protective Relays
Control Panels
Circuit Breakers
Single Busbar
Double Busbar
Ring Configuration
Multiple Bus Configuration
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Gas Insulated Ring Main Units Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Gas Insulated Ring Main Units Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Gas Insulated Ring Main Units Market, By Type
6. Global Gas Insulated Ring Main Units Market, By Application
7. Global Gas Insulated Ring Main Units Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Gas Insulated Ring Main Units Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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