Market Overview:
The global electronic intelligent controller market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart homes and electric vehicles. Additionally, the growing awareness about energy conservation is also propelling the growth of this market. The global electronic intelligent controller market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into neural network controllers, bayesian controllers, and others. Neural network controllers are expected to witness high growth during the forecast period owing to their ability to handle complex tasks with ease. By application, household applications are anticipated to lead in terms of demand for electronic intelligent controllers during 2018-2030 owing to an increase in adoption by consumers across regions worldwide.
Product Definition:
An electronic intelligent controller (EIC) is an electronic device that controls a system or process. The importance of EICs lies in their ability to make complex systems easier to control and to optimize the performance of those systems.
Neural Network Controllers:
The global neural network controllers market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for automation in various industries such as automotive, manufacturing, healthcare, IT & telecom is anticipated to drive the growth of this market during the forecast period.
Bayesian Controllers:
Bayesian controllers are a special type of probabilistic controller. Probabilistic controllers use past information to predict future outcomes. Bayesian controller on the other hand, uses current information and historical data to make predictions. The key difference between the two is that while a probabilistic controller makes its prediction based on known values and statistics, a Bayesian one makes its prediction based on beliefs or prior probability distribution.
Application Insights:
The household applications segment dominated the global market in 2017. The growth of this segment can be attributed to increasing demand for energy-efficient and cost-effective smart home solutions. Moreover, growing concerns regarding security and safety are driving the consumers towards electronic intelligent controllers that offer robust solutions with enhanced features. These controllers help in monitoring & controlling various appliances at a single location through wireless connectivity which reduces human efforts and increases productivity.
Household application is expected to remain the dominant segment throughout the forecast period owing to rising demand for connected homes across regions coupled with rapid technological advancements in smart devices, networking systems, cloud computing platforms & sensors which support it all together as an integrated system intelligence platform offering a holistic solution from A To Z across multiple verticals such as lighting control, temperature monitoring to entertainment & information dissemination thereby enabling users¢â‚¬â„¢ desired outcomes by making use of its built-in capabilities thus providing better value than its standalone counterparts while saving both time.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in R&D and technological advancements coupled with high disposable income of consumers and businesses. Moreover, presence of key players such as Siemens AG, General Electric, Honeywell International Inc., and others is also contributing toward growth of the regional market for electronic intelligent controllers.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to rising demand from developing countries such as China and India along with other Southeast Asian nations including Indonesia, Malaysia, Thailand, Philippines etc.; which are majorly driven by rapid urbanization resulting into increased need for energy-efficient systems across industries including residential buildings & homes; transportation; commercial facilities; industrial plants etc.; thereby driving product adoption across industry verticals at a faster pace than other regions globally over next eight years or so.
Growth Factors:
- Increasing demand for automation in various industries
- Rising demand for energy-efficient and intelligent controllers
- Growing popularity of Industry 4.0 and the Internet of Things (IoT)
- Proliferation of smart devices and sensors
- Development of innovative technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Intelligent Controller Market Research Report
By Type
Neural Network Controllers, Bayesian Controllers, Others
By Application
Household Applications, Electric Tool, Automotive Electronics, Smart Home
By Companies
Denso, Computime, Invensys, Diehl, Flex, GE, Fairford Electronics, NXP, Rockwell Automation, Siements, Nanotec, ABB, Mitsubishi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Intelligent Controller Market Report Segments:
The global Electronic Intelligent Controller market is segmented on the basis of:
Types
Neural Network Controllers, Bayesian Controllers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household Applications, Electric Tool, Automotive Electronics, Smart Home
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Denso
- Computime
- Invensys
- Diehl
- Flex
- GE
- Fairford Electronics
- NXP
- Rockwell Automation
- Siements
- Nanotec
- ABB
- Mitsubishi
Highlights of The Electronic Intelligent Controller Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Neural Network Controllers
- Bayesian Controllers
- Others
- By Application:
- Household Applications
- Electric Tool
- Automotive Electronics
- Smart Home
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Intelligent Controller Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electronic intelligent controller (EIC) is a type of control system that uses electronics to manage the operation of industrial plants and other systems. EICs are often used in large, complex industrial plants where accurate and timely control of plant operations is critical.
Some of the major companies in the electronic intelligent controller market are Denso, Computime, Invensys, Diehl, Flex, GE, Fairford Electronics, NXP, Rockwell Automation, Siements, Nanotec, ABB, Mitsubishi.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Intelligent Controller Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Intelligent Controller Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Intelligent Controller Market - Supply Chain
4.5. Global Electronic Intelligent Controller Market Forecast
4.5.1. Electronic Intelligent Controller Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Intelligent Controller Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electronic Intelligent Controller Market Absolute $ Opportunity
5. Global Electronic Intelligent Controller Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electronic Intelligent Controller Market Size and Volume Forecast by Type
5.3.1. Neural Network Controllers
5.3.2. Bayesian Controllers
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electronic Intelligent Controller Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electronic Intelligent Controller Market Size and Volume Forecast by Application
6.3.1. Household Applications
6.3.2. Electric Tool
6.3.3. Automotive Electronics
6.3.4. Smart Home
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electronic Intelligent Controller Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electronic Intelligent Controller Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electronic Intelligent Controller Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electronic Intelligent Controller Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electronic Intelligent Controller Demand Share Forecast, 2019-2026
9. North America Electronic Intelligent Controller Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electronic Intelligent Controller Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electronic Intelligent Controller Market Size and Volume Forecast by Application
9.4.1. Household Applications
9.4.2. Electric Tool
9.4.3. Automotive Electronics
9.4.4. Smart Home
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electronic Intelligent Controller Market Size and Volume Forecast by Type
9.7.1. Neural Network Controllers
9.7.2. Bayesian Controllers
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electronic Intelligent Controller Demand Share Forecast, 2019-2026
10. Latin America Electronic Intelligent Controller Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electronic Intelligent Controller Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electronic Intelligent Controller Market Size and Volume Forecast by Application
10.4.1. Household Applications
10.4.2. Electric Tool
10.4.3. Automotive Electronics
10.4.4. Smart Home
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electronic Intelligent Controller Market Size and Volume Forecast by Type
10.7.1. Neural Network Controllers
10.7.2. Bayesian Controllers
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electronic Intelligent Controller Demand Share Forecast, 2019-2026
11. Europe Electronic Intelligent Controller Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electronic Intelligent Controller Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electronic Intelligent Controller Market Size and Volume Forecast by Application
11.4.1. Household Applications
11.4.2. Electric Tool
11.4.3. Automotive Electronics
11.4.4. Smart Home
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electronic Intelligent Controller Market Size and Volume Forecst by Type
11.7.1. Neural Network Controllers
11.7.2. Bayesian Controllers
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electronic Intelligent Controller Demand Share, 2019-2026
12. Asia Pacific Electronic Intelligent Controller Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electronic Intelligent Controller Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electronic Intelligent Controller Market Size and Volume Forecast by Application
12.4.1. Household Applications
12.4.2. Electric Tool
12.4.3. Automotive Electronics
12.4.4. Smart Home
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electronic Intelligent Controller Market Size and Volume Forecast by Type
12.7.1. Neural Network Controllers
12.7.2. Bayesian Controllers
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electronic Intelligent Controller Demand Share, 2019-2026
13. Middle East & Africa Electronic Intelligent Controller Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electronic Intelligent Controller Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electronic Intelligent Controller Market Size and Volume Forecast by Application
13.4.1. Household Applications
13.4.2. Electric Tool
13.4.3. Automotive Electronics
13.4.4. Smart Home
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electronic Intelligent Controller Market Size and Volume Forecast by Type
13.7.1. Neural Network Controllers
13.7.2. Bayesian Controllers
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electronic Intelligent Controller Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electronic Intelligent Controller Market: Market Share Analysis
14.2. Electronic Intelligent Controller Distributors and Customers
14.3. Electronic Intelligent Controller Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Denso
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Computime
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Invensys
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Diehl
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Flex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fairford Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NXP
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rockwell Automation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Siements
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nanotec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ABB
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mitsubishi
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
