At 15.7% CAGR, Intelligent Electronic Devices Market Size Poised to Touch USD 3759.3 million by 2024
This Global Intelligent Electronic Devices market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.
Delaware, Selbyville – July 16, 2019 /MarketersMedia/ —
The global Intelligent Electronic Devices market is valued at 1810.6 million in 2018 and is expected to reach 3759.3 million by the end of 2024, growing at a CAGR of 15.7% between 2019 and 2024.
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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.
This report studies the Intelligent Electronic Devices market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market and splits the Intelligent Electronic Devices market by product type and applications/end industries.
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.
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.
Market Segment by Manufacturers, this report covers:
ABB, General Electric, Siemens, Schneider Electric, NovaTech LLC, Crompton Greaves.
Market Segment by Type, covers:
Digital Relays, PLC, Load Tap Controller, Recloser, Smart Meter, Others.
Market Segment by Applications, can be divided into:
Power Generation, Power Transmission, Building Electricity Management, Factory Electricity Management
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The study objectives are:
To analyze and research the global Intelligent Electronic Devices capacity, production, value, consumption, status and forecast;
To focus on the key Intelligent Electronic Devices manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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.
Table of Contents:
1 Intelligent Electronic Devices Market Overview
1.1 Product Overview and Scope of Intelligent Electronic Devices
1.2 Classification of Intelligent Electronic Devices by Types
1.3 Global Intelligent Electronic Devices Market by Application
1.4 Global Intelligent Electronic Devices Market by Regions
1.5 Global Market Size of Intelligent Electronic Devices (2014-2024)
2 Manufacturers Profiles
3 Global Intelligent Electronic Devices Market Competition, by Players
4 Global Intelligent Electronic Devices Market Size by Regions
5 North America Intelligent Electronic Devices Revenue by Countries
6 Europe Intelligent Electronic Devices Revenue by Countries
7 Asia-Pacific Intelligent Electronic Devices Revenue by Countries
8 South America Intelligent Electronic Devices Revenue by Countries
9 Middle East and Africa Revenue Intelligent Electronic Devices by Countries
10 Global Intelligent Electronic Devices Market Segment by Type
11 Global Intelligent Electronic Devices Market Segment by Application
12 Global Intelligent Electronic Devices Market Size Forecast (2019-2024)
More Details on this Report At: https://www.marketstudyreport.com/reports/global-intelligent-electronic-devices-market-2019-by-company-regions-type-and-application-forecast-to-2024
Related Report:
Global Intelligent Electronic Devices Market Insights, Forecast to 2025
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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