지능형 전자 디바이스 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 업계별, 지역별 - 산업 예측(2025-2032년)

Intelligent Electronic Devices Market size was valued at USD 15.3 billion in 2023 and is poised to grow from USD 16.83 billion in 2024 to USD 36.08 billion by 2032, growing at a CAGR of 10.0% during the forecast period (2025-2032).

Intelligent electronic devices (IEDs) are revolutionizing industrial control systems by automating power management and enhancing operational efficiency. Equipped with advanced software for testing, commissioning, and fault analysis, these devices provide real-time event synchronization and data acquisition essential for network analysis. Industries such as automotive, healthcare, and energy are increasingly adopting IEDs, particularly as governments implement smart meters to boost demand. The evolution of compact electronic technologies facilitates seamless communication between smart devices, which autonomously perform diagnostics and data processing. This trend extends to intelligent medical devices capable of predicting health issues preemptively. Additionally, innovations like smart cards, which incorporate encryption for secure digital transactions, underscore the growing importance of IEDs in ensuring reliability and security across sectors.

Top-down and bottom-up approaches were used to estimate and validate the size of the Intelligent Electronic Devices market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Intelligent Electronic Devices Market Segments Analysis

Global Intelligent Electronic Devices Market is segmented by Type, Application, Vertical and region. Based on Type, the market is segmented into Protective Relaying Device, On-Load Tap Changer Controller, Circuit Breaker Controller, Capacitor Bank Switch, Recloser Controller, Voltage Regulator, Digital Relay and Others. Based on Application, the market is segmented into Mass Transit System, Traction Signaling & Control System, Water Supply & Management System, Automation and Condition Monitoring. Based on Vertical, the market is segmented into Oil & Gas, Food & Beverage, Automotive, Energy & Power, Pharmaceutical, Chemicals and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Intelligent Electronic Devices Market

The growing need for smart grids significantly propels the intelligent electronic devices market. There is a marked rise in projects focusing on intelligent electronics within the smart grid domain, highlighting their importance. This demand is particularly pronounced in industrial sectors, where such technology enhances efficiency and safety. As energy consumption escalates, the role of smart grids in optimizing energy management and distribution is increasingly vital. Consequently, the intelligent electronics market is poised for continued expansion, driven by the numerous advantages these devices offer in addressing contemporary energy challenges and facilitating more sustainable consumption practices.

Restraints in the Intelligent Electronic Devices Market

The Intelligent Electronic Devices market faces significant restraints primarily due to the high investment required for development. In recent years, there has been a notable increase in the cost of raw materials, which negatively impacts overall production costs and profit margins, especially in the wake of the Covid-19 pandemic. This inconsistent profitability can deter potential investors and slow demand, as many key players may struggle to secure necessary funds for investment. Additionally, the initial costs associated with these devices present a barrier for several markets, ultimately leading to diminished productivity and a deceleration in market growth during this challenging period.

Market Trends of the Intelligent Electronic Devices Market

The Intelligent Electronic Devices (IEDs) market is witnessing significant growth driven by the ongoing automation of industrial processes and the need for enhanced efficiency in power distribution. With a rising emphasis on reducing transmission and distribution losses and addressing power line fluctuations, the demand for IEDs is accelerating. The trend toward substation automation, particularly within solar power systems, further propels market expansion. Additionally, the global shift towards renewable energy sources and government initiatives to implement smart meters in households facilitate increased IED adoption. These smart meters enable effective power automation, maximizing asset utilization while minimizing the necessity for human intervention, thereby shaping a robust market landscape.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Intelligent Electronic Devices Market Size by Type & CAGR (2025-2032)

• Market Overview
• Protective Relaying Device
• On-Load Tap Changer Controller
• Circuit Breaker Controller
• Capacitor Bank Switch
• Recloser Controller
• Voltage Regulator
• Digital Relay
• Others

Global Intelligent Electronic Devices Market Size by Application & CAGR (2025-2032)

• Market Overview
• Mass Transit System
• Traction Signaling & Control System
• Water Supply & Management System
• Automation
• Condition Monitoring

Global Intelligent Electronic Devices Market Size by Vertical & CAGR (2025-2032)

• Market Overview
• Oil & Gas
• Food & Beverage
• Automotive
• Energy & Power
• Pharmaceutical
• Chemicals
• Others

Global Intelligent Electronic Devices Market Size & CAGR (2025-2032)

• North America (Type, Application, Vertical)
  • US
  • Canada
• Europe (Type, Application, Vertical)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Application, Vertical)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Application, Vertical)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Application, Vertical)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• ABB Ltd (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schneider Electric S.E. (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Siemens AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eaton Corporation PLC (Ireland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Honeywell International Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rockwell Automation, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Toshiba Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• General Electric (GE) (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cisco Systems, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hitachi, Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Texas Instruments Incorporated (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Omron Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SEL (Schweitzer Engineering Laboratories) (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• S&C Electric Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NovaTech Automation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Arteche (Spain)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NR Electric Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hyundai Electric (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations