Intelligent Electronic Devices Market Size To Grow USD 33.49 Billion By 2032 SNS Insider

(MENAFN- GlobeNewsWire - Nasdaq) Intelligent Electronic Devices Market growth is driven by smart-grid rollouts, substation automation, renewable energy integration, IoT-enabled monitoring, and rising cybersecurity & energy efficiency demands.

Austin, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Intelligent Electronic Devices Market Size & Growth Insights:

According to the SNS Insider,“The Intelligent Electronic Devices Market size was worth USD 14.35 Billion in 2024 and is projected to reach USD 33.49 Billion by 2032, growing at a CAGR of 11.18% during 2025-2032.”

Surging Electrification and Grid Constraints Propel Market Growth Globally

The market for intelligent electronic devices is being driven by rising global electrification and rising demand for effective high-power charging infrastructure. Manufacturers are creating scalable, energy-efficient AC and DC charging systems with sophisticated monitoring and control capabilities as the use of electric vehicles grows and grid capacity become more constrained. This cause-and-effect relationship, in which increased demand for EVs and grid strains spur innovation in IED technology, improves system management, uptime, and dependability, ultimately propelling market expansion and facilitating broad adoption across passenger and commercial vehicle charging networks.

Get a Sample Report of Intelligent Electronic Devices Market Forecast @

Leading Market Players with their Product Listed in this Report are:

• ABB Ltd.
• Schneider Electric
• Siemens Corporation
• Black & Veatch Corporation
• Eaton Corp PLC
• SUBNET Solutions Inc.
• Honeywell International Inc.
• Rockwell Automation Inc.
• Cisco Systems Inc.
• GE Open Systems International, Inc.
• S&C Electric Co.
• Landis+Gyr
• BPL Global
• Toshiba Corporation
• Delta Electronics
• Open Systems International
• Schweitzer Engineering Laboratories
• Systems Inc.
• Mitsubishi Electric
• Hitachi ABB Power Grids

Intelligent Electronic Devices Market Report Scope:

Report Attributes	Details
Market Size in 2024	USD 14.35 Billion
Market Size by 2032	USD 33.49 Billion
CAGR	CAGR of 11.18% From 2025 to 2032
Report Scope & Coverage	Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segmentation	. By Type(Digital Relay, Voltage Regulator, Intelligent Electronic Devices (IED) and Others) . By Technology(Microprocessor-Based IEDs(FPGA/ASIC-Based IEDs, Communication-Enabled / IoT-Integrated IEDs and Hybrid IED Solutions) . By Application(Automation, Condition Monitoring, Traction Signalling & Control System and Water Supply & Management System) . By Industry Vertical(Automotive, Energy & Power, Manufacturing and Oil & Gas)

Purchase Single User PDF of Intelligent Electronic Devices Market Report (20% Discount) @

Key Industry Segmentation

By Type

Because they provide dependable monitoring and control solutions and are widely used in automation, industrial, and energy applications, digital relays have the biggest market share. The fastest-growing industries are intelligent electronic devices, driven by growing IoT integration, smart grid adoption, and the need for sophisticated protection, automation, and real-time data capabilities in the global automotive, energy, and industrial sectors.

By Technology

The market is dominated by microprocessor-based intelligent electronic devices because of their strong processing capabilities, dependability, and widespread application in the energy, automotive, and industrial sectors. Due to growing digitization, the adoption of smart grids, and the requirement for real-time monitoring, connectivity, and sophisticated automation in contemporary electrical systems, communication-enabled and IoT-integrated IEDs are expanding quickly.

By Application

Due to its dependability and efficiency, automation dominates the market and is widely used in the manufacturing, energy, and industrial sectors. The fastest-growing industries include traction signaling and control systems, which are being driven by the demand for increased safety, smart transportation networks, and rising investments in railway infrastructure.

By Industry Vertical

With its widespread usage of IEDs in cars for improved automation, performance, and safety, the automotive industry leads the market. The energy and power sector is expanding at the highest rate due to the growing need for smart grids, the integration of renewable energy sources, and effective power management systems. These factors also hasten the industry's adoption of cutting-edge automation, control, and monitoring technology.

Asia Pacific Led the Market in 2024; North America is Expected to Witness fastest Growth in the Market During 2025-2032

Strong industrial expansion, increasing usage of electric vehicles, and expanding renewable energy programs are driving the Asia-Pacific Intelligent Electronic Devices market to the top of the worldwide rankings. The expanding use of electric vehicles, smart grid projects, and the integration of renewable energy sources are driving the fastest-growing market for intelligent electronic devices in North America. The region's market is expanding quickly due to rising demand for cutting-edge, highly efficient power modules and creative technologies.

Do y ou h ave a ny s pecific q ueries o r n eed a ny c ustomiz ed r esearch on Intelligent Electronic Devices Market ? Submit your inquiry here @

Recent News:

• On February 19, 2025 , Cisco and Rockwell Automation launched the 'Digital Skills for Industry' program in India, combining IT and OT training in AI, IoT, cybersecurity, and automation to enhance workforce productivity and future-readiness.
• On May 17, 2024 , ABB announced the acquisition of Siemens's wiring accessories business in China, enhancing its smart building portfolio. The deal, valued at over USD 150 million in 2023 sales, includes smart home systems and a distribution network across 230 cities, with approximately 350 employees.

Exclusive Sections of the Intelligent Electronic Devices Market Report (The USPs):

• DEPLOYMENT & ADOPTION METRICS – helps you understand the penetration of IEDs across substations and industrial facilities, annual installation growth by voltage class, and the balance between retrofitted vs. new deployments.
• FUNCTIONAL PERFORMANCE BENCHMARKS – helps you evaluate device response times, success rates of automated protective operations, and the distribution of IED types across protection, metering, control, and sensing applications.
• INTEGRATION & CONNECTIVITY INDICATORS – helps you assess the extent of IED integration with SCADA and smart grids, adoption of standardized communication protocols (e.g., IEC 61850), and cross-vendor interoperability levels.
• RELIABILITY & MAINTENANCE METRICS – helps you measure device durability (MTBF), the reduction in downtime achieved through IED deployment, and cost savings enabled by predictive maintenance capabilities.
• RETURN ON INVESTMENT INSIGHTS – helps you analyze the financial impact of IED adoption, highlighting efficiency gains, cost optimization, and the long-term value creation in power and industrial applications.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

MENAFN25092025004107003653ID1110108552