About Electronic Intelligent Controller
Intelligent controller is a class of control techniques that uses neural network, Bayesian probability, fuzzy logic, machine learning, reinforcement learning, evolutionary computation and genetic algorithms. Intelligent controllers are used to control complex dynamic systems as it is difficult to control by any other techniques. The intelligent controllers are widely used in automotive electronics. For instance, fuzzy logic controller designed with the combination of fuzzy decision maker and fuzzy speed controller for the separately excited DC motor that offers various benefits to the electric vehicles.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that Japanese Players will contribute the maximum growth to Global Electronic Intelligent Controller market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Honeywell International (United States), Rockwell Automation (United States), Mitsubishi Electric (Japan), Schneider Electric (France), ABB Ltd. (Switzerland), Hitachi (Japan), Omron (Japan) and Robert Bosch (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Koyo Electronics Industries (Japan) and Eaton Corporation (Ireland).
Segmentation Overview
AMA Research has segmented the market of Global Electronic Intelligent Controller market by Type (Neural Network Control, Bayesian Control, Fuzzy Control, Expert Control and Others), Application (Household Applications, Electric Tool, Automotive Electronics and Smart Home) and Region.
On the basis of geography, the market of Electronic Intelligent Controller has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increased Use of Intelligent Controllers for Various Complex Systems that Can Deal with Uncertainties and Disturbances
Market Growth Drivers:
Emerging Trend for Electric Vehicles Due to Rise in Price of Fossil Fuel and Increased Adoption of Connected Devices for Smart Home & Office
Challenges:
Inadequate Skilled Workforce and Lack of System Knowledge
Restraints:
Changes in System Dynamics Over Time, That Degrades Controller’s Performance
Opportunities:
Increasing Demand for Sensors and IIoT Solutions in Industries for Various Purpose
Market Leaders and their expansionary development strategies
In February 2019, Emerson acquired General Electric’s intelligent platforms business. This will offer opportunity to expand its business across process and discrete industries as well as hybrid markets such as metals and mining, life sciences, food and beverage, and packaging. In addition, PLC Technologies will enable Emerson a global leader in automation for process and industrial customers and to expand capabilities in machine control and discrete applications
In January 2023, Renesas Electronics has announced a new automotive Intelligent Power Device (IPD) that will safely and flexibility control power distribution within vehicles.
Key Target Audience
Raw Material Suppliers and OEMs, New Entrants/Investors, Analysts and Strategic Business Planners, Electronic Intelligent Controller Manufacturers, Suppliers and Distributors of Electronic Intelligent Controller, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.