Global Intelligent Electronic Devices Market to 2027

Global Intelligent Electronic Devices Market to 2027

Global Intelligent Electronic Devices Market to 2027

Global Intelligent Electronic Devices Market Introduction

An intelligent electronic devices (IED) are the type of electric power industry which describes microprocessors-based controllers of power system equipments including transformers, capacitor banks, and circuit breakers. These devices receive data from power equipments and sensors and receive control commands like tripping circuit breakers. Intelligent electronic devices classified into various types such as voltage regulators, recloser controllers, capacitor bank switches, circuit breaker controllers, and On Load Tap Changer Controller.

Global Intelligent Electronic Devices Market Drivers

Increase in modernization and technological advancements are expected to boost the growth of global intelligent electronic devices market. Furthermore, rise in product launch by key competitors will have the positive impact on global intelligent electronic devices market growth. For instance, in May 2017, Toshiba Corporation had launched high voltage intelligent power devices such as TPD4207F. These devices have 600V and 5A Rating which are used in air conditioners, air cleaners, pumps, and fan motors.

Global Intelligent Electronic Devices Market Restraints

However, huge amount of capital and high maintenance cost are the major restraining factors which are expected to hinder the growth of global intelligent electronic devices market.

Global Intelligent Electronic Devices Market Segmentation

Global Intelligent Electronic Devices Market is segmented into types Voltage Regulators, Recloser Controllers, Capacitor Bank Switches, Circuit Breaker Controllers, and On Load Tap Changer Controller. Further, Global Intelligent Electronic Devices Market is segmented into application such as Automation, Condition Monitoring, Water Supply & Management System, Traction Signaling & Controlling System, and Mass Transit System.

Also, Global Intelligent Electronic Devices Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Global Intelligent Electronic Devices Market Key Competitors

Various key competitors are discussed in this report such as Crompton Greaves, NoVa Tech LLC, SchWeitZer Engineering Laboratories Inc., Honeywell International Inc, Eaton Corporation Plc, General Electric, Cisco System, Siemens AG, ABB Ltd, and Schneider Electric.

Global Intelligent Electronic Devices Market Taxonomy

By Types

• Voltage Regulators
• Recloser Controllers
• Capacitor Bank Switches
• Circuit Breaker Controllers
• On Load Tap Changer Controller

• Automation
• Condition Monitoring
• Water Supply & Management System
• Traction Signaling & Controlling System
• Mass Transit System

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa