Press release
Global Intelligent Electronic Devices Market Growth 2018-2023
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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Intelligent Electronic Devices market for 2018-2023.
An Intelligent Electronic Device (IED) is a term used in the electric power industry to describe microprocessor-based controllers of power system equipment, such as circuit breakers, transformers and capacitor banks.
IEDs receive data from sensors and power equipment and can issue control commands, such as tripping circuit breakers if they sense voltage, current, or frequency anomalies, or raise/lower voltage levels in order to maintain the desired level. Common types of IEDs include protective relaying devices, On Load Tap Changercontrollers, circuit breaker controllers, capacitor bank switches, recloser controllers, voltage regulators etc. This is generally controlled by a setting file. The testing of setting files is typically one of the most time consuming roles of a protection tester. Digital protective relays are primarily IEDs, using a microprocessor to perform several protective, control and similar functions. A typical IED can contain around 5-12 protection functions, 5-8 control functions controlling separate devices, an autoreclose function, self monitoring function, communication functions etc. Hence, they are aptly named as Intelligent Electronic Devices.
Over the next five years, LPI(LP Information) projects that Intelligent Electronic Devices will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Intelligent Electronic Devices market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Digital relays
PLC
Load tap controller
Recloser
Smart meter
Others
Segmentation by application:
Power Generation
Power Transmission
Building Electricity Management
Factory Electricity Management
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
ABB
Schneider Electric
Siemens
Amperion
BPL Global
Cisco Systems
EATON
Grid Net
Honeywell
Infrax Systems
Itron
Landis+GYR
NovaTech
Open Systems
Rockwell Automation
S&C Electric
Schweitzer Engg Lab
Sensus
Silver Spring Networks
Subnet Solutions
Trilliant
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Intelligent Electronic Devices consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Intelligent Electronic Devices market by identifying its various subsegments.
Focuses on the key global Intelligent Electronic Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Intelligent Electronic Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Intelligent Electronic Devices submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
For More Information On This Report, Please Visit @
https://www.marketresearchreportstore.com/reports/41772/global-intelligent-electronic-devices-market
Related Information:
North America Intelligent Electronic Devices Market Growth 2019-2024
United States Intelligent Electronic Devices Market Growth 2019-2024
Asia-Pacific Intelligent Electronic Devices Market Growth 2019-2024
Europe Intelligent Electronic Devices Market Growth 2019-2024
EMEA Intelligent Electronic Devices Market Growth 2019-2024
Global Intelligent Electronic Devices Market Growth 2019-2024
China Intelligent Electronic Devices Market Growth 2019-2024
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