Power Line Communication market is projected to grow at a significant CAGR during the forecast period. Following the advent of the internet, smart grids have emerged as a significant technical development. To minimize carbon dioxide emissions, governments around the world are heavily investing in the construction and implementation of smart grids. This improves the reliability of the electricity supply by allowing for real-time monitoring of the network’s transmission, distribution, and generation. The PLC industry is also driven by its ability to improve the efficiency of base load power plants and electricity transport networks.
The PLC technology allows data to be transmitted over a power line, using existing wiring infrastructure. The key factors driving its market penetration are its cost-effectiveness, reliability, and high performance across multiple domains and verticals.
Siemens, NETGEAR, ABB, AMETEK, Schneider Electric, General Electric, Hubbell Power Systems, TP-Link Technologies, D-Link, Devolo, Zyxel Communications, Belkin International, NYX Hemera Technologies, Extollo Communications, and Asustek Computer are the major players in the PLC industry.
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Company Profile
§ Siemens
§ Ametek
§ General Electric
§ Schneider Electric
§ Tp-Link Technologies
§ Netgear
§ D-Link
§ Hubbell Power Systems
§ Belkin International
§ Zyxel Communications
Market Segmentation
By Type:
Narrowband PLC
Broadband PLC
By Solution:
PLC Over AC lines
PLC Over DC lines
By Component:
Coupling Capacitor
Line Trap Unit
Transmitters & Receivers
Line Tuners
Others (Hybrids and Filters, Master Oscillator and Amplifiers, Protection, and Earthing Equipment)
By Application:
Commercial
Residential
Automotive
Oil & Gas
Telecommunication
Power Distribution
Healthcare
By region:
North America
United States
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Scope of the Report
The research study analyzes the global Power Line Communication PLC industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Power Line Communication PLC Market Report
1. What was the Power Line Communication PLC Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Power Line Communication PLC Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Power Line Communication PLC Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Power Line Communication PLC market.
• The market share of the global Power Line Communication PLC market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Power Line Communication PLC market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Power Line Communication PLC market.
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