Global Intelligent Electronic Devices Market – In-Depth Analysis with Booming Trends Supporting Growth and Forecast till 2026 || Key Players - ABB Ltd, Schneider Electric S.E., Siemens Corporation, Black & Veatch Corporation

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Global Intelligent Electronic Devices Market – In-Depth Analysis with Booming Trends Supporting Growth and Forecast till 2026”. The fact-based research report on the global Intelligent Electronic Devices market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

The intelligent electronic devices market, which is undergoing the initial stage of development, is witnessing significant technological advancements. Use of these devices for power fault reporting in multiple industrial products such as control circuit breakers, capacitor bank switches, and voltage regulators and the rise in efforts to reduce T&D losses are expected to drive the intelligent electronic devices market during the forecast period. There has been significant rise in the adoption of IEDs over the last few years, due to the wide range of their applications in substation automation such as transmission, distribution, collector converter, and switching in multiple end-use industries. The global market for intelligent electronic devices is estimated to reach value of US$ 19.31 Bn by 2026 from US$ 11.31 Bn in 2017, expanding at a CAGR of 6.2% during the forecast period. Furthermore, increase in use of IEDs in SCADA and applications such as overload control, transformer fault protection, and bus fault protection is driving the global intelligent electronic devices market. 

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The report includes detailed value chain analysis, which is focused on providing an extensive view of the global intelligent electronic devices market. Porter’s five forces analysis has also been provided in the report to help understand the competitive scenario in the market. The study includes market attractiveness analysis, wherein market segments have been benchmarked based on their market size, growth rate, and attractiveness in terms of opportunity. In order to offer complete analysis of the competition scenario in the global intelligent electronic devices market, every geographic region mentioned in the report is provided with attractiveness analysis. 

A market overview chapter in the report explains market trends and dynamics that include market drivers, restraining factors, and the current and future opportunities for the intelligent electronic devices market. Market outlook analysis for the global market has also been provided in the report. Additionally, the report provides analysis of different business strategies being adopted by leading players in the intelligent electronic devices market. The market introduction chapter helps in gaining an idea of different services related to intelligent electronic devices. 

The study provides a decisive view of the global intelligent electronic devices market by segmenting the market in terms of type, application, and end-use industry. The report also provides a detailed breakdown of the intelligent electronic devices market in terms of region and categorizes the market at various levels, thereby providing valuable insights at micro and macro levels.

The report further highlights the competition scenario in the intelligent electronic devices market by ranking all major players according to their geographic presence and key recent developments. Insights for the intelligent electronic devices market is a result of TMR’s extensive primary interviews, secondary research, and in-house expert panel reviews. These market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors. 

In terms of country, the North America market has been segmented into Canada, U.S., and Rest of North America. The Europe market has been divided into France, Germany, U.K., and Rest of Europe. The intelligent electronic devices market in Asia Pacific has been classified into China, Japan, India, and Rest of Asia Pacific. Middle East & Africa covers GCC, South Africa, and Rest of Middle East & Africa. Similarly, South America comprises Brazil and Rest of South America. This report provides all strategic information required to understand the intelligent electronic devices market along with its type, application, and end-use industry segments. 

The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary sources include annual reports, company websites, SEC filings and investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, statistical databases, etc. 

Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the intelligent electronic devices market across geographies. Primary interviews are usually conducted on an ongoing basis with market experts and participants in order to get the latest market insights and validate the existing data and analysis. Primary interviews offer new information on important factors such as market trends, market size, competition landscape, and growth trends. These factors help validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by the expert panel of TMR. 

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The research study includes profiles of leading companies operating in the global intelligent electronic devices market. These players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players profiled in the report include ABB Ltd, Schneider Electric S.E., Siemens Corporation, Black & Veatch Corporation, Eaton Corp PLC, SUBNET Solutions Inc., Toshiba Corporation, Honeywell International Inc., Rockwell Automation Inc.,  Cisco Systems Inc., Open Systems International, Inc., BPL Global Ltd,  Infrax Systems Inc., S&C Electric Co, and Landis+Gyr Inc. These companies are focusing on expanding their business through strategic acquisitions and partnerships with several end-use industries.

The global intelligent electronic devices market has been segmented as follows:

Global Intelligent Electronic Devices Market, by Type

Digital Relay

Voltage Regulator

Protection Relay

Circuit Breaker Controller

Load Tap Changer Controller

Recloser Controller

Capacitor Bank Switch

Others

Global Intelligent Electronic Devices Market, by Application

Mass Transit System

Traction Signaling & Control System

Water Supply & Management System

Automation

Condition Monitoring

Global Intelligent Electronic Devices Market, by End-use Industry

Automotive

Pharmaceutical

Oil & Gas

Petrochemical

Health Care

Food & Beverages

Energy & Power

Water & Wastewater Treatment

Others

Global Intelligent Electronic Devices Market, by Region

North America

U.S.

Canada

Rest of North America

Europe

Germany

U.K.

France

Rest of Europe

Asia Pacific

China

India

Japan

Rest of Asia Pacific

Middle East & Africa

GCC

South Africa

Rest of Middle East & Africa

South America

Brazil

Rest of South America

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