DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/t635wg/global) has announced the addition of the "Global Intelligent Electronic Devices Market 2015-2019" report to their offering.
The report forecasts the global intelligent electronic devices market to grow at a CAGR of 4.72% over the period 2015-2019.
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
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.
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?
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by types
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
- Schneider Electric
For more information visit http://www.researchandmarkets.com/research/t635wg/global