Intelligent Electronic Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Intelligent Electronic Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Market Overview:

The global intelligent electronic devices market size reached US$ 11.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.9 Billion by 2028, exhibiting a growth rate (CAGR) of 9.3% during 2023-2028.

An intelligent electronic device (IED) is used in industrial control systems (ICS) to enable automation of power systems. It is equipped with a human-machine interface (HMI) software for testing, commissioning, and performing fault analysis and real-time synchronization of event reporting. It monitors self and external circuits, performs advanced local control intelligence and provides remote, local and substation data acquisition for use in network analysis. Consequently, it finds applications in a number of industries including automotive, energy and power, oil & gas, chemicals & petrochemicals, healthcare, food and beverage (F&B), and water and wastewater treatment industries.

Intelligent Electronic Devices Market Trends:
The increasing automation in industrial processes represents one of the key factors impelling the global IEDs market growth. Moreover, the rising need to reduce transmission and power distribution (T&D) losses, along with the growing instances of fluctuation and outages in power lines, is driving the market. Apart from this, the increasing trend of substation automation in solar power systems, in confluence with the escalating demand for renewable energy sources, is contributing to the market growth. Furthermore, governments of several countries are focusing on the installation of smart meters in every household, which is positively influencing the demand for IEDs as they facilitate power automation with optimal capital assets and minimal human intervention.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global intelligent electronic devices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and end use industry.

Breakup by Type:

Digital Relay
Voltage Regulator
Protection Relay
Circuit Breaker
Load Tap Changer
Recloser Controller
Capacitor Bank Switch
Others

Breakup by End Use Industry:

Automotive
Healthcare
Oil and Gas
Petrochemical
Chemical
Food and Beverages
Energy and Power
Waste and Wastewater Treatment
Others

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., Black & Veatch Corporation, Cisco Systems Inc., CG Power and Industrial Solutions Limited (Avantha Group), Eaton Corporation Inc, Honeywell International Inc, Landis Gyr Inc., Open Systems International Inc., Rockwell Automation Inc., S & C Electric Company, Schneider Electric S.E., Siemens Aktiengesellschaft, Toshiba Corporation and Trilliant Networks Inc.

Key Questions Answered in This Report

1. What was the size of the global intelligent electronic devices market in 2022?
2. What is the expected growth rate of the global intelligent electronic devices market during 2023-2028?
3. What has been the impact of COVID-19 on the global intelligent electronic devices market?
4. What are the key factors driving the global intelligent electronic devices market?
5. What is the breakup of the global intelligent electronic devices market based on the type?
6. What is the breakup of the global intelligent electronic devices market based on the end use industry?
7. What are the key regions in the global intelligent electronic devices market?
8. Who are the key players/companies in the global intelligent electronic devices market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Intelligent Electronic Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Digital Relay
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Voltage Regulator
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Protection Relay
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Circuit Breaker
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Load Tap Changer
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Recloser Controller
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Capacitor Bank Switch
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Others
6.8.1 Market Trends
6.8.2 Market Forecast
7 Market Breakup by End Use Industry
7.1 Automotive
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Healthcare
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Oil and Gas
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Petrochemical
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Chemical
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Food and Beverages
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Energy and Power
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Waste and Wastewater Treatment
7.8.1 Market Trends
7.8.2 Market Forecast
7.9 Others
7.9.1 Market Trends
7.9.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 ABB Ltd.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Black & Veatch Corporation
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 SWOT Analysis
13.3.3 Cisco Systems Inc.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 CG Power and Industrial Solutions Limited (Avantha Group)
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 Eaton Corporation Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 Honeywell International Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7 Landis Gyr Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Open Systems International Inc.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Rockwell Automation Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10 S & C Electric Company
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.11 Schneider Electric S.E.
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
13.3.12 Siemens Aktiengesellschaft
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis
13.3.13 Toshiba Corporation
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.13.3 Financials
13.3.13.4 SWOT Analysis
13.3.14 Trilliant Networks Inc.
13.3.14.1 Company Overview
13.3.14.2 Product Portfolio
13.3.14.3 SWOT Analysis

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