Intelligent Electronic Devices Market Revenue Forecast 2029
The Global Intelligent Electronic Devices market was valued at USD 13.03 billion in 2021 and is expected to reach USD 18.46 billion by the year 2028, at a CAGR of 5.1%.
An Intelligent Electronic Device (IED) is a term applied in the electric power industry to represent microprocessor-based controllers of power system equipment. IEDs obtain data from sensors and power equipment and can issue control commands, like a tripping circuit breaker if they sense voltage, current, or frequency anomalies, or raise/lower voltage levels concerning maintain the desired level. A typical IED can hold around 5-12 protection functions, 5-8 control functions managing separate devices, self-monitoring function, communication functions, and others. Therefore, they are capably named Intelligent Electronic Devices.
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The latest research on the Global Intelligent Electronic Devices Market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Intelligent Electronic Devices industry, considering all significant industry trends, market dynamics, and competitive landscape. In addition, the analysis includes critical information on the Intelligent Electronic Devices Market status of the main market players, major trends, and future market development opportunities.
Leading Key Players Covered Intelligent Electronic Devices Market: -
· ABB Group
· Toshiba Corporation
· Rockwell Automation Inc.
· Siemens Corporation
· Honeywell International Inc.
· Berry Palmer & Lyle Limited
· Black & Veatch Holding Company
· Leuze Electronic Cisco Systems Inc.
· Eaton Corporation PLC
· Landis+Gyr
· Infrax Systems
· S&C Electric Company
· Schneider Electric SA
· Subnet Solutions Inc.
· Open Systems International Inc. and others Major Players.
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The Report Will Contains A Crucial Chapter
· Patent Analysis
· Regulatory Framework
· Technology Roadmap
· BCG Matrix
· Heat Map Analysis
· Price Trend Analysis
· Investment Analysis
· Company Profiling and Competitive Positioning
· Industry Value Chain Analysis
· Market Dynamics and Factors
· Porter’s Five Forces Analysis
· Pestle Analysis
· SWOT Analysis
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Segmentation of Intelligent Electronic Devices Market: -
By Type
· Digital Relay
· Protective Relaying Device
· Circuit Breaker Controller
· Load Tap Changer Controller
· Voltage Regulator
· Others
By Industry Vertical
· Food & Beverage
· Oil & Gas
· Automotive
· Pharmaceutical
· Chemicals
· Others
By Region
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
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