Intelligent Electronic Devices market – Opportunities and forecast, 2020-2027
According to the GMI Research Study Report
adds new research on Intelligent Electronic Devices market, which is a detailed
analysis of this business space which includes the emerging market trends,
competitive landscape, and the market size. The report covers various
parameters among different segment analysis, the regional growth landscape, and
an in-depth study of the industry’s competitive scenario.
Leading Players of the Global Intelligent
Electronic Devices market:
The major players in the market include Amperion,
BPL Global, Itron, Landis+GYR, Nova Tech, Cisco Systems, ABB, Schneider
Electric, Siemens, EATON, Grid Net, Honeywell, Rockwell Automation, S&C
Electric, Infrax Systems, Open Systems, Schweitzer Engg. Lab, Silver Spring
Networks, and Subnet Solutions, among others.
Key Drivers of the Global Intelligent
Electronic Devices market:
IEDs play a vital role in the automation of
substations and efficient monitoring of power delivery systems. IEDs are widely
used in the power system to define devices that have electrical protection and
monitoring functions. The increasing adoption of IEDs, due to its broad range
of applications such as transmission, distribution, collector converter, and
switching in various end-use industries is the major factor that is surging the
growth of the intelligent
electronic devices market size.
The recent advancements in IoT have helped
in major application areas of IEDs, including smart homes, smart grids, and
smart cities. IEDs such as PLCs, smart meters, and digital relays are optimal
for use in substations because of their small size are further accelerating the
demand of the global intelligent
electronic devices market. On the other hand, the high maintenance related
to the IEDs and lack of standard protocol for the interrogation of the
substation devices will hamper the growth of the market.
Market Segmentation of the Global Intelligent
Electronic Devices market:
This report focuses on the Intelligent
Electronic Devices market status, forecast, growth opportunities, key
development, and the leading players in the market. The main aim of the study
is to present the trends and developments in North America, Europe, Asia
Pacific, and RoW.
Segment by Application:
·
Mass Transit System
·
Traction Signalling &
Control System
·
Water Supply & Management
System
·
Automation
·
Condition Monitoring
Segment by End user:
·
Automotive
·
Pharmaceutical
·
Oil & Gas
·
Petrochemical
·
Health Care
·
Food & Beverages
·
Energy & Power
·
Water & Wastewater
Treatment
·
Others
Segment by Region:
·
North America
o
United States of America
o Canada
·
Asia Pacific
o
China
o
Japan
o
India
o Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining
countries of the LAMEA region)
About GMI Research
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