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  Market Highlights Intelligent electronic device is a critical component of substation automation system. These devices facilitate advanced power automation and detection of abnormal operating states and faults of the power system equipment. Increasing need for substation automation solutions in renewable energy projects such as solar and wind projects and rising need for retrofitting of conventional substations is expected to boost up the demand for intelligent electronic devices market. These devices are used for various functions such as power monitoring, control, metering, and communications. Get Free Sample Report @  https://www.marketresearchfuture.com/sample_request/7390 Key players The key players in the  Intelligent Electronic Devices market Share  are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are – ABB Ltd. (Switzerland), S

  Market overview The intelligent power module market is expected to grow at 9.28% CAGR in the forecast period. By 2023, this growth rate will help the market value to increase by USD 3,102.5 million. The intelligent power module is a power that helps the appliances to save more energy consumption and produces high energy. Nowadays, in many appliances, innovative technologies are used to save energy for future use. In electronic appliances, intelligent power is installed to consume more energy to be used for the future.   Get Free Sample Report @  https://www.marketresearchfuture.com/sample_request/7390 These are also used in appliances to protect them from short circuits, under voltages, and high temperatures, which can affect the function of the appliances. As the government is increasing renewable energy in the world for energy consumption, it is expected to show excellent growth in the forthcoming times. It is used in many devices like air conditioners, elevators, ventilators many