Global Intelligent Electronic Devices Market 2021-2027
New Study Reports " Global Intelligent Electronic Devices Market 2021, Analysis, Growth, Size, Trends Forecasts 2027" has been Added on MarketResearchFuture.
The Global Intelligent Electronic Devices Market was valued at USD 10.55 billion in 2017 and is expected to reach USD 17.09 billion by the end of forecast period with a CAGR of 9.04%.
Starting with the overview of the Global Intelligent Electronic Devices Market, it presents an overall analysis of the latest trends that are prevalent in the industry. The report begins with the description of the market surroundings and the analysis of the size and forecast of product or service based on regions and applications. In addition to it, the report also introduces the market competitive landscape among the vendors and manufacturers that contribute to the growth of the product or service. The company profiling and market price analysis in relation to the value chain features is also covered in the report. The data experts have examined and scrutinized the industry trends in the key regions. 2021 has been considered as the base year, with the forecast period extending to 2027.
Intelligent electronic device is a critical component of substation automation system. These devices facilitate advanced power automation and detection of abnormal operating states and faults of the power system equipment. Increasing need for substation automation solutions in renewable energy projects such as solar and wind projects and rising need for retrofitting of conventional substations is expected to boost up the demand for Global Intelligent Electronic Devices Market. These devices are used for various functions such as power monitoring, control, metering, and communications.
The report has profiled some of the Important players prevalent in the global like – The key players in the Global Intelligent Electronic Devices Market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are – ABB Ltd. (Switzerland), Schneider Electric (France), Siemens AG (Germany), Cisco Systems, Inc. (U.S.), General Electric (U.S.), Eaton Corporation Plc (Ireland), Honeywell International, Inc. (U.S.), Schweitzer Engineering Laboratories, Inc. (U.S.), NovaTech LLC (U.S.), and Crompton Greaves (India). These players contribute a major share in the growth of Global Intelligent Electronic Devices Market.
Apart from the top key players, there are other players that contribute to the market growth. These include Larsen & Toubro Limited (India), Texas Instruments (U.S.), Toshiba Corporation (Japan), Ametek (U.S.) and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Intelligent Electronic Devices.
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The global market for intelligent electronic devices is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of Global Intelligent Electronic Devices Market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America). Among the regions mentioned, North America is the leading region in Global Intelligent Electronic Devices Market. Factors such as increase in investment in smart grid projects and demand for low-cost solutions for substation automation in the solar industry is boosting up the demand for Global Intelligent Electronic Devices Market in this region.
Asia-Pacific region is expected to grow at a significant CAGR during the forecast period as it has immense potential for growth in this market due to several factors such as smart city initiatives and increasing government investments in this region. Rising number of renewable energy projects coupled with increasing government initiatives in the energy and power sector are the prime reasons for the demand for Global Intelligent Electronic Devices Market. Europe is also expected to contribute significantly to the growth of Global Intelligent Electronic Devices Market during the forecast period.
By type, the market is segmented into protective relaying device, on-load tap changer controller, circuit breaker controller, capacitor bank switch, recloser controller, voltage regulator, digital relay and others.
By application, the market is segmented into mass transit system, traction signaling & control system, water supply & management system, automation, and condition monitoring. The automation segment was the leading segment in the 2017 and is expected to continue its dominance throughout the forecast period.
By vertical, Global Intelligent Electronic Devices Market is segmented into oil & gas, food & beverage, automotive, energy & power, pharmaceutical, chemicals, and others. Under the vertical segment, oil & gas industry is expected to generate significant revenue share in the Global Intelligent Electronic Devices Market.
Global Intelligent Electronic Devices Market Manufacturers
Global Intelligent Electronic Devices Market Distributors/Traders/Wholesalers
Global Intelligent Electronic Devices Market Subcomponent Manufacturers
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Complete Report Details@ https://www.marketresearchfuture.com/reports/intelligent-electronic-devices-market-7390
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
12 Company Profiles
12.1 ABB Ltd
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategy
12.2 Schneider Electric
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategy
12.3 Siemens AG
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategy
12.4 Cisco Systems, Inc.
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategy
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