intelligent electronic devices (ied) market

monicanerkar

intelligent electronic devices (ied) market by Type (Protective Relaying Device, On-Load Tap Changer Controller, Circuit Breaker Controller, Capacitor Bank Switch, Recloser Controller, Voltage Regulator, Digital Relay, Others), by Application (Mass Transit System, Traction Signaling & Control System, Water Supply & Management System, Automation, and Condition Monitoring), by Vertical (Oil & Gas, Food & Beverage, Automotive, Energy & Power, Pharmaceutical, Chemicals, Others), — Global Forecast till 2023

intelligent electronic devices (ied) market

Research Report By Forecast 2023

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2023

PREPARED BY

Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


2

www.marketresearchfuture.com

intelligent electronic devices (ied) market Forecast To 2023

intelligent electronic devices (ied) market Forecast To 2023

• Market Research Future (MRFR), in its revised “intelligent electronic devices (ied) market” report,

states that the global market of intelligent electronic devices (IED) can expand at 9.04% CAGR across

the assessment period (2017 to 2023). In 2017, the intelligent electronic devices (ied) market value

was recorded at USD 10.55 Bn. MRFR study estimates the intelligent electronic devices (ied) market

to value at USD 17.09 Bn by 2023 due to the rise in smart grid requirement.

• The growth of the semiconductor industry is observed to impact the global intelligent electronic

devices (ied) market positively. Renowned companies dealing in semiconductors are investing

adequately in the development and modification of microsensors. They are extensively used in

intelligent electronic devices, such as transformers, capacitor banks, and circuit breakers. The

growing demand for smart electronic devices products is providing impetus to intelligent electronic

devices (ied) marketers to boost their production capacity. Thus, companies are taking the

necessary steps to do the needful. This can spur the growth of the market in the years to come.


3

www.marketresearchfuture.com

intelligent electronic devices (ied) market Forecast To 2023

“Taste the market data and market information presented through more than 50 market data tables

and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content

TOC & market synopsis on intelligent electronic devices (ied) market Forecast To 2023”

• Automation and hyper-automation trends are providing intelligent electronic devices (ied)

marketers to gain a firm foothold amidst other emerging companies. intelligent electronic devices

are also proving their efficacy in powering next-generation technologies. IEDs have internal

monitoring mechanism. They also hold metering values. They can efficiently control logic and

functions. These benefits of IEDs causing a hike in their sales can bolster the market growth in the

review period.


4

www.marketresearchfuture.com

intelligent electronic devices (ied) market Forecast To 2023

Global intelligent electronic devices (ied) market Segmented on the basis of

The intelligent electronic devices (ied) market studied by application, vertical, and type.

Protective relaying device, circuit breaker controller, on-load tap changer controller, recloser controller,

capacitor bank switch, digital relay, voltage regulator, and others are type-based segments of the

intelligent electronic devices (ied) market.

Mass transit system, water supply & management system, traction signaling and control system, condition

monitoring, and automation are the application-based segments of the intelligent electronic devices (ied)

market. The automation segment can cash-in on hyper-automation trending across industries.

Food & beverage, oil & gas, pharmaceutical, automotive, energy & power, chemicals, and others are

segments of the intelligent electronic devices (ied) market. The oil & gas industry can produce substantial

revenue for the global intelligent electronic devices (ied) market.


5

www.marketresearchfuture.com

intelligent electronic devices (ied) market Forecast To 2023

Global intelligent electronic devices (ied) market - Geographical Analysis

• The growing installation of intelligent power grid across industries can impel the intelligent electronic devices

(ied) market growth in North America. Governments are also investing in smart power grid production, as

demand rise. The easy accessibility of automation solutions can bolster the regional intelligent electronic

devices (ied) market growth. Europe houses several proficient intelligent electronic devices developers, which

can encourage the expansion of the regional market. In APAC, China is popularly known for the production of

solar panels. Other countries, such as Japan and India host reputed automakers, those are well-known endusers

of intelligent electronic devices. These are expected to propel the growth of the APAC intelligent

electronic devices (ied) market. In addition, the crisis of fossil fuel and an increase in the consumption of

electricity can prompt the expansion of the regional market.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/7390


6

www.marketresearchfuture.com

intelligent electronic devices (ied) market Forecast To 2023

Global intelligent electronic devices (ied) market - Competitive Analysis

• The key players of the global intelligent electronic devices (ied) market identified by MRFR are; Schneider Electric

(France), ABB Ltd. (Switzerland), Cisco Systems, Inc. (U.S.), Siemens AG (Germany), Eaton Corporation Plc (Ireland),

General Electric (U.S.), Honeywell International, Inc. (U.S.), NovaTech LLC (U.S.), Schweitzer Engineering

Laboratories, Inc. (U.S.), Crompton Greaves (India), Texas Instruments (U.S.), Larsen & Toubro Limited (India),

Toshiba Corporation (Japan), and Ametek (U.S.). These marketers were identified based on their origin, regional

franchises, key developments, industry expertise, and product diversification.

• Browse Report @ https://www.marketresearchfuture.com/reports/intelligent-electronic-devicesmarket-7390


7

www.marketresearchfuture.com

ABOUT US

MARKET RESEARCH FUTURE

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report

(CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting

Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research

studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments,

enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and

industrial visits for its research analyst members.

For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com

Copyright © 2018 Market Research Future

All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be

circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.


8

www.marketresearchfuture.com

MARKET RESEARCH

THANK YOU

salesteam@marketresearchfuture.com

FUTURE

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)

More magazines by this user
Similar magazines