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.
The Intelligent Electronic Devices market competition will be still intense. ABB is the leading manufacturer in the global Intelligent Electronic Devices market with the market share of 31.89%, in terms of revenue, followed by General Electric, Siemens, Schneider Electric, NovaTech LLC and Crompton Greaves. The top 6 listed companies accounted for 85% of the market share in 2018.
Asia-Pacific region has immense potential for growth in this market and is expected to grow at a significant CAGR during the forecast period. Increasing government initiatives in the energy and power sector are the prime reasons for the demand for intelligent electronic devices market.
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Although Intelligent Electronic Devices market still brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
In 2018, the global Intelligent Electronic Devices market size was 1759.6 million US$ and it is expected to reach 5106.7 million US$ by the end of 2025, with a CAGR of 16.4% during 2019-2025.
This report focuses on the global Intelligent Electronic Devices status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Intelligent Electronic Devices development in United States, Europe and China.
The key players covered in this study
- General Electric
- Schneider Electric
- NovaTech LLC
- Crompton Greaves
Market segment by Type, the product can be split into
- Digital Relays
- Load Tap Controller
- Smart Meter
Market segment by Application, split into
- Power Generation
- Power Transmission
- Building Electricity Management
- Factory Electricity Management
Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
- Central & South America
The study objectives of this report are:
- To analyze global Intelligent Electronic Devices status, future forecast, growth opportunity, key market and key players.
- To present the Intelligent Electronic Devices development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Intelligent Electronic Devices are as follows:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Table of content
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Intelligent Electronic Devices Market Size Growth Rate by Type (2014-2025)
1.4.2 Digital Relays
1.4.4 Load Tap Controller
1.4.6 Smart Meter
1.5 Market by Application
1.5.1 Global Intelligent Electronic Devices Market Share by Application (2014-2025)
1.5.2 Power Generation
1.5.3 Power Transmission
1.5.4 Building Electricity Management
1.5.5 Factory Electricity Management
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Intelligent Electronic Devices Market Size
2.2 Intelligent Electronic Devices Growth Trends by Regions
2.2.1 Intelligent Electronic Devices Market Size by Regions (2014-2025)
2.2.2 Intelligent Electronic Devices Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter?s Five Forces Analysis
3 Market Share by Key Players
3.1 Intelligent Electronic Devices Market Size by by Players
3.1.1 Global Intelligent Electronic Devices Revenue by by Players (2014-2019)
3.1.2 Global Intelligent Electronic Devices Revenue Market Share by by Players (2014-2019)
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