Intelligent Electronic Devices Market Insights Video
According to Cognitive Market Research, the global Intelligent Electronic Devices market size will be USD 14524.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 17.00% from 2025 to 2033.
North America held the major market share for more than 40% of the global revenue with a market size of USD 3485.95 million in 2025 and will grow at a compound annual growth rate (CAGR) of 14.8% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4212.19 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 5374.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 19.0% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 551.94 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.0% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 580.99 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.3% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 319.55 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.7% from 2025 to 2033.
Protection relay category is the fastest growing segment of the Intelligent Electronic Devices industry
