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Global Intelligent Electronic Devices Market 2015-2019

Global Intelligent Electronic Devices Market 2015-2019

About intelligent electronic device

The intelligent electronic devices (IED) plays a significant role in automating substations and efficient monitoring of power delivery systems. IED is used in the power system to define devices that have electrical protection and monitoring functionalities with an advanced intelligent control system and can perform two-way communication with SCADA system. Moreover, an IED has IEC 61580 protocol to communicate directly with the SCADA system that make it a unique device for active control in T&D of power delivery systems to the users. The major functions performed by IED are protection, monitoring, control, metering, and communication.

Technavio's analysts forecast the global intelligent electronic devices market to grow at a CAGR of 4.72% over the period 2015-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the global intelligent electronic device market for the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of various intelligent electronic devices such as a digital relay, PLC, load tap controller, recloser, and smart meters.

Technavio's report, Global Intelligent Electronic Devices Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions

  • Americas
  • APAC
  • EMEA
Key vendors
  • ABB
  • Schneider Electric
  • Siemens
Other prominent vendors
  • Amperion
  • BPL Global
  • Cisco Systems
  • EATON
  • Grid Net
  • Honeywell International
  • Infrax Systems
  • Itron
  • Landis+GYR
  • NovaTech
  • Open Systems International
  • Rockwell Automation
  • S&C Electric
  • Schweitzer Engg Lab
  • Sensus
  • Silver Spring Networks
  • Subnet Solutions
  • Trilliant
Market driver
  • Increased installation of intelligent substation
  • For a full, detailed list, view our report
Market challenge
  • Increased exposure to cyber attacks
  • For a full, detailed list, view our report
Market trend
  • Rise in smart grid installation
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Intelligent Electronic Devices Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Intelligent Electronic Devices Market: ABB, Schneider Electric and Siemens

Commenting on the report, an analyst from Technavio’s team said: “Smart grid investment worldwide is estimated to reach around $200 billion by 2015. The rapid development of smart grids has fostered the growth of several technologies, which includes smart meters, digital relays, load tap controllers and PLC. Smart grids comprise various smart grid applications such as smart meters, supervisory control, data acquisition systems, and IT networks, which hold a sizeable market share in the smart grid market, which is witnessing rapid growth.”

According to the report, increasing urbanization and industrialization are demanding intelligent GIS that require less space and are more suitable for harsh environments such as deserts and sea coasts where they can be remotely controlled and monitored. IEDs such as digital protective relays, load tap controllers, PLC and smart meters are most suitable for controlling and monitoring substations.

Further, the report states that the requirement of high capital costs in IEDs and substations is limiting the growth of the market.

Companies Mentioned

ABB, Schneider Electric, Siemens

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Some of the products offered by major vendors in global intelligent electronic devices market
  • Market research Methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Major functions performed by IEDs
  • Market landscape
    • Market size and forecast
      • Table Global intelligent electronic devices market 2014-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by types
    • Global intelligent electronic devices market by types
      • Table Global IED market segmentation by types in 2014
      • Table Global IED market segmentation by types in 2019
    • Global digital relay market in intelligent electronic devices
      • Table Global digital relay market in intelligent electronic devices 2014-2019 ($ billions)
    • Global PLC market in intelligent electronic devices
      • Table Global PLC market in intelligent electronic devices 2014-2015 ($ billions)
    • Global load tap controller market in intelligent electronic
      • Table Global load tap controller market in intelligent electronic devices 2014-2019 ($ billions)
    • Global recloser market in intelligent electronic devices
      • Table Global recloser market in intelligent electronic devices 2014-2019 ($ billions)
    • Global smart meters market in intelligent electronic devices
      • Table Global smart meters market in intelligent electronic devices 2014-2019 ($ billions)
  • Geographical segmentation
    • Global intelligent electronic device market by geographical segmentation
      • Table Global IED market by geography in 2014
      • Table Global IED market by geography in 2019
    • Intelligent electronic devices market in APAC
      • Table Intelligent electronic devices market in APAC 2014-2019 ($ billions)
    • Intelligent electronic devices market in Americas
      • Table Intelligent electronic devices market in Americas 2014-2019 ($ billions)
    • Intelligent electronic devices market in EMEA
      • Table Intelligent electronic devices market in EMEA 2014-2019 ($ billions)
  • Market drivers
    • Table Causes of power outages in the world (2012-2014)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • ABB
    • Schneider Electric
    • Siemens
  • Appendix
    • List of abbreviation
  • Explore Technavio

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