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.
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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?
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"Global Intelligent Electronic Devices Market 2015-2019" Published
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Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001