Lewes, DE -- (SBWIRE) -- 11/18/2015 -- Report forecast 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.

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.

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.

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.

Key regions
- Americas
- APAC
- EMEA

Key players in the Global Intelligent Electronic Devices Market: ABB, Schneider Electric and 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?

Spanning over 65 pages "Global Intelligent Electronic Devices Market 2015-2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by types, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

Find more information Visit at: http://www.marketresearchreports.com/technavio/global-intelligent-electronic-devices-market-2015-2019

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