Intelligent Electronic Devices Market Developments by 2031
An intelligent electronic device is added to industrial control systems in order to empower advanced power automation. This device is manufactured for several purposes in communication, metering, power monitoring, and controlling. It's a key component in implementing various advanced technologies since it helps in automation and reduction of faults caused otherwise. Further, the increasing urbanization and industrialization is a significant factor driving the demand for intelligent electronic devices in commercial as well as non-commercial applications.
MARKET DYNAMICS
The rising number of smart grid initiatives across the globe is driving the growth of the intelligent electronic devices market. However, the high initial cost may restrain the growth of the intelligent electronic devices market. The growing number of renewable energy projects and increasing government initiatives in the energy and power industry are anticipated to offer massive demand for intelligent electronic devices during the forecast period.
MARKET SCOPE
The "Global Intelligent electronic devices Market Analysis to 2031" is a specialized and in-depth study of the intelligent electronic devices market with a special focus on the global market trend analysis. The report aims to provide an overview of intelligent electronic devices market with detailed market segmentation by type, end user, and geography. The global intelligent electronic devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading intelligent electronic devices market players and offers key trends and opportunities in the intelligent electronic devices market.
MARKET SEGMENTATION
The global intelligent electronic devices market is segmented on the basis of by type and end user. On the basis of type, the market is segmented as protective relaying device, on-load tap changer controller, circuit breaker controller, and others. On the basis of end user, the market is segmented as oil and gas, food and beverage, automotive, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global intelligent electronic devices market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The intelligent electronic devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting intelligent electronic devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the intelligent electronic devices market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global intelligent electronic devices market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The intelligent electronic devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting intelligent electronic devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the intelligent electronic devices market in these regions.
MARKET PLAYERS
The reports cover key developments in the intelligent electronic devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from intelligent electronic devices market are anticipated to lucrative growth opportunities in the future with the rising demand for intelligent electronic devices market. Below mentioned is the list of few companies engaged in the intelligent electronic devices market.
The report also includes the profiles of key intelligent electronic devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB Ltd
- Cisco Systems, Inc.
- Eaton Corporation Plc
- Honeywell International, Inc.
- Open Systems International, Inc.
- Schneider Electric
- Schweitzer Engineering Laboratories, Inc.
- Siemens AG
- SUBNET Solutions Inc.
- Toshiba Electronic Devices and Storage Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Intelligent Electronic Devices Market - By Type
1.3.2 Intelligent Electronic Devices Market - By End User
1.3.3 Intelligent Electronic Devices Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INTELLIGENT ELECTRONIC DEVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. INTELLIGENT ELECTRONIC DEVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. INTELLIGENT ELECTRONIC DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. INTELLIGENT ELECTRONIC DEVICES - GLOBAL MARKET OVERVIEW
6.2. INTELLIGENT ELECTRONIC DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INTELLIGENT ELECTRONIC DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PROTECTIVE RELAYING DEVICE
7.3.1. Overview
7.3.2. Protective Relaying Device Market Forecast and Analysis
7.4. ON-LOAD TAP CHANGER CONTROLLER
7.4.1. Overview
7.4.2. On-Load Tap Changer Controller Market Forecast and Analysis
7.5. CIRCUIT BREAKER CONTROLLER
7.5.1. Overview
7.5.2. Circuit Breaker Controller Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. INTELLIGENT ELECTRONIC DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. OIL AND GAS
8.3.1. Overview
8.3.2. Oil and Gas Market Forecast and Analysis
8.4. FOOD AND BEVERAGE
8.4.1. Overview
8.4.2. Food and Beverage Market Forecast and Analysis
8.5. AUTOMOTIVE
8.5.1. Overview
8.5.2. Automotive Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. INTELLIGENT ELECTRONIC DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Intelligent Electronic Devices Market Overview
9.1.2 North America Intelligent Electronic Devices Market Forecasts and Analysis
9.1.3 North America Intelligent Electronic Devices Market Forecasts and Analysis - By Type
9.1.4 North America Intelligent Electronic Devices Market Forecasts and Analysis - By End User
9.1.5 North America Intelligent Electronic Devices Market Forecasts and Analysis - By Countries
9.1.5.1 United States Intelligent Electronic Devices Market
9.1.5.1.1 United States Intelligent Electronic Devices Market by Type
9.1.5.1.2 United States Intelligent Electronic Devices Market by End User
9.1.5.2 Canada Intelligent Electronic Devices Market
9.1.5.2.1 Canada Intelligent Electronic Devices Market by Type
9.1.5.2.2 Canada Intelligent Electronic Devices Market by End User
9.1.5.3 Mexico Intelligent Electronic Devices Market
9.1.5.3.1 Mexico Intelligent Electronic Devices Market by Type
9.1.5.3.2 Mexico Intelligent Electronic Devices Market by End User
9.2. EUROPE
9.2.1 Europe Intelligent Electronic Devices Market Overview
9.2.2 Europe Intelligent Electronic Devices Market Forecasts and Analysis
9.2.3 Europe Intelligent Electronic Devices Market Forecasts and Analysis - By Type
9.2.4 Europe Intelligent Electronic Devices Market Forecasts and Analysis - By End User
9.2.5 Europe Intelligent Electronic Devices Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Intelligent Electronic Devices Market
9.2.5.1.1 Germany Intelligent Electronic Devices Market by Type
9.2.5.1.2 Germany Intelligent Electronic Devices Market by End User
9.2.5.2 France Intelligent Electronic Devices Market
9.2.5.2.1 France Intelligent Electronic Devices Market by Type
9.2.5.2.2 France Intelligent Electronic Devices Market by End User
9.2.5.3 Italy Intelligent Electronic Devices Market
9.2.5.3.1 Italy Intelligent Electronic Devices Market by Type
9.2.5.3.2 Italy Intelligent Electronic Devices Market by End User
9.2.5.4 United Kingdom Intelligent Electronic Devices Market
9.2.5.4.1 United Kingdom Intelligent Electronic Devices Market by Type
9.2.5.4.2 United Kingdom Intelligent Electronic Devices Market by End User
9.2.5.5 Russia Intelligent Electronic Devices Market
9.2.5.5.1 Russia Intelligent Electronic Devices Market by Type
9.2.5.5.2 Russia Intelligent Electronic Devices Market by End User
9.2.5.6 Rest of Europe Intelligent Electronic Devices Market
9.2.5.6.1 Rest of Europe Intelligent Electronic Devices Market by Type
9.2.5.6.2 Rest of Europe Intelligent Electronic Devices Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Intelligent Electronic Devices Market Overview
9.3.2 Asia-Pacific Intelligent Electronic Devices Market Forecasts and Analysis
9.3.3 Asia-Pacific Intelligent Electronic Devices Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Intelligent Electronic Devices Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Intelligent Electronic Devices Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Intelligent Electronic Devices Market
9.3.5.1.1 Australia Intelligent Electronic Devices Market by Type
9.3.5.1.2 Australia Intelligent Electronic Devices Market by End User
9.3.5.2 China Intelligent Electronic Devices Market
9.3.5.2.1 China Intelligent Electronic Devices Market by Type
9.3.5.2.2 China Intelligent Electronic Devices Market by End User
9.3.5.3 India Intelligent Electronic Devices Market
9.3.5.3.1 India Intelligent Electronic Devices Market by Type
9.3.5.3.2 India Intelligent Electronic Devices Market by End User
9.3.5.4 Japan Intelligent Electronic Devices Market
9.3.5.4.1 Japan Intelligent Electronic Devices Market by Type
9.3.5.4.2 Japan Intelligent Electronic Devices Market by End User
9.3.5.5 South Korea Intelligent Electronic Devices Market
9.3.5.5.1 South Korea Intelligent Electronic Devices Market by Type
9.3.5.5.2 South Korea Intelligent Electronic Devices Market by End User
9.3.5.6 Rest of Asia-Pacific Intelligent Electronic Devices Market
9.3.5.6.1 Rest of Asia-Pacific Intelligent Electronic Devices Market by Type
9.3.5.6.2 Rest of Asia-Pacific Intelligent Electronic Devices Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Intelligent Electronic Devices Market Overview
9.4.2 Middle East and Africa Intelligent Electronic Devices Market Forecasts and Analysis
9.4.3 Middle East and Africa Intelligent Electronic Devices Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Intelligent Electronic Devices Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Intelligent Electronic Devices Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Intelligent Electronic Devices Market
9.4.5.1.1 South Africa Intelligent Electronic Devices Market by Type
9.4.5.1.2 South Africa Intelligent Electronic Devices Market by End User
9.4.5.2 Saudi Arabia Intelligent Electronic Devices Market
9.4.5.2.1 Saudi Arabia Intelligent Electronic Devices Market by Type
9.4.5.2.2 Saudi Arabia Intelligent Electronic Devices Market by End User
9.4.5.3 U.A.E Intelligent Electronic Devices Market
9.4.5.3.1 U.A.E Intelligent Electronic Devices Market by Type
9.4.5.3.2 U.A.E Intelligent Electronic Devices Market by End User
9.4.5.4 Rest of Middle East and Africa Intelligent Electronic Devices Market
9.4.5.4.1 Rest of Middle East and Africa Intelligent Electronic Devices Market by Type
9.4.5.4.2 Rest of Middle East and Africa Intelligent Electronic Devices Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Intelligent Electronic Devices Market Overview
9.5.2 South and Central America Intelligent Electronic Devices Market Forecasts and Analysis
9.5.3 South and Central America Intelligent Electronic Devices Market Forecasts and Analysis - By Type
9.5.4 South and Central America Intelligent Electronic Devices Market Forecasts and Analysis - By End User
9.5.5 South and Central America Intelligent Electronic Devices Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Intelligent Electronic Devices Market
9.5.5.1.1 Brazil Intelligent Electronic Devices Market by Type
9.5.5.1.2 Brazil Intelligent Electronic Devices Market by End User
9.5.5.2 Argentina Intelligent Electronic Devices Market
9.5.5.2.1 Argentina Intelligent Electronic Devices Market by Type
9.5.5.2.2 Argentina Intelligent Electronic Devices Market by End User
9.5.5.3 Rest of South and Central America Intelligent Electronic Devices Market
9.5.5.3.1 Rest of South and Central America Intelligent Electronic Devices Market by Type
9.5.5.3.2 Rest of South and Central America Intelligent Electronic Devices Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. INTELLIGENT ELECTRONIC DEVICES MARKET, KEY COMPANY PROFILES
11.1. ABB LTD
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CISCO SYSTEMS, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EATON CORPORATION PLC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HONEYWELL INTERNATIONAL, INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. OPEN SYSTEMS INTERNATIONAL, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SCHNEIDER ELECTRIC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SCHWEITZER ENGINEERING LABORATORIES, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SIEMENS AG
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUBNET SOLUTIONS INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TOSHIBA ELECTRONIC DEVICES AND STORAGE CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ABB Ltd
2. Cisco Systems, Inc.
3. Eaton Corporation Plc
4. Honeywell International, Inc.
5. Open Systems International, Inc.
6. Schneider Electric
7. Schweitzer Engineering Laboratories, Inc.
8. Siemens AG
9. SUBNET Solutions Inc.
10. TOSHIBA ELECTRONIC DEVICES and STORAGE CORPORATION
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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