The global power line communication (PLC) systems market is anticipated to garner around 14 billion by 2022, growing at a CAGR of 18.4% from 2016 to 2022. PLC system is a method to transmit data and electrical power, both over the same power cable. It uses existing electrical cabling as network cables, which means they also carry data signals. It can be a method of extending an existing network into new areas without adding new cables. A PLC system has numerous benefits to a wireless connection; however, the quality of the connection depends on the quality of the local electrical system. An extensive range of PLC technologies is used for different applications, ranging from smart home automation to Internet access, which is often called power over Ethernet (PoE).
PLC is utilized in residential, commercial, and industrial sectors, owing to its cost-effectiveness, space efficiency, and ability to operate many devices with high power for voice and data communication. However, centralized risk for connected devices is expected to hamper growth. Irrespective of these challenges, various advantages of PLC systems over wireless technologies are expected to provide numerous opportunities for growth in the future.
The global PLC systems market is segmented based on type, solution, component, application, and geography. The type segment is divided into narrowband PLC and broadband PLC. The solution segment is classified as PLC over AC lines and PLC over DC lines. Based on component, the market is segregated into coupling capacitor, line trap unit, transmitters & receivers, line tuners, and others (hybrids and filters, master oscillator and amplifiers, protection, and earthing equipment). Based on application, it is categorized into commercial, residential, automotive, oil & gas, telecommunication, power distribution, and healthcare. Geographically, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Major companies profiled in the report include Cypress Semiconductor, ST Microelectronics, Texas Instruments, Maxim Integrated, Marvell, Qualcomm Atheros, Microchip, Sigma Designs, Inc., Broadcom Corporation, and Echelon Corporation.
POWER LINE COMMUNICATION (PLC) SYSTEMS MARKET KEY BENEFITS:
POWER LINE COMMUNICATION (PLC) SYSTEMS MARKET SEGMENTATION:
Other players in the value chain include (profiles not included in the report):
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