The Global Intelligent Electronic Devices Market size is expected to grow from USD 13.72 billion in 2022 to USD 20.74 billion by 2030, at a CAGR of 5.3% during the forecast period (2023-2030).

An Intelligent Electronic Device (IED) is a term applied in the electric power industry to represent microprocessor-based controllers of power system equipment. IEDs obtain data from sensors and power equipment and can issue control commands, like a tripping circuit breaker if they sense voltage, current, or frequency anomalies, or raise/lower voltage levels concerning maintain the desired level.  A typical IED can hold around 5-12 protection functions, 5-8 control functions managing separate devices, self-monitoring function, communication functions, and others.

Top Key Players Covered in Intelligent Electronic Devices Market

ABB Group, Toshiba Corporation, Rockwell Automation Inc., Siemens Corporation, Honeywell International Inc., Berry Palmer & Lyle Limited, Black & Veatch Holding Company, Leuze Electronic Cisco Systems Inc., Eaton Corporation PLC, Landis+Gyr, Infrax Systems, S&C Electric Company, Schneider Electric S, Subnet Solutions Inc., Open Systems International Inc. and others Major Players.

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Updated Version 2023 is available our Sample Report May Includes the:

·         Scope For 2023

·         Brief Introduction to the research report.

·         Table of Contents (Scope covered as a part of the study)

·         Top players in the market

·         Research framework (structure of the report)

·         Research methodology adopted by Worldwide Market Reports

The report summarizes all the information collected and serves the customer's requirements. However, these market analyses help in understanding market growth at both global and regional levels. For market data analysis, we have market panorama tools such as Market Dynamics, PESTEL Analysis, SWOT Analysis, Porter Five Forces Analysis, Value Chain Analysis, Technology Roadmap, Regulatory Framework, Price Trend Analysis, Patent Analysis, Covid-19 Impact Analysis, Russia-Ukraine War Impact and others. This will help us understand the market potential. The research report includes quantitative data that helps us fully understand the industry and future market scope.

For the Purpose Of This Report, Reports And Data Has Segmented The Intelligent Electronic Devices Market On The Basis Of Type, By Source, By Product, And Region:

By Type         

·         Digital Relay

·         Protective Relaying Device

·         Circuit Breaker Controller

·         Load Tap Changer Controller

·         Voltage Regulator

·         Others

By Industry Vertical

·         Food & Beverage

·         Oil & Gas

·         Automotive

·         Pharmaceutical

·         Chemicals

·         Others

By Application          

·         Water Supply & Management System

·         Mass Transit System

·         Traction Signaling & Control System

·         Automation & Condition Monitoring

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By Region

·         North America (US, Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

Key Benefits for Industry Participants & Stakeholders:

·         Industry drivers, restraints, and opportunities covered in the study

·         Neutral perspective on the market performance

·         Recent industry trends and developments

·         Competitive landscape & strategies of key players

·         Potential & niche segments and regions exhibiting promising growth covered

·         Historical, current, and projected market size, in terms of value

·         In-depth analysis of Intelligent Electronic Devices Market

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