Power Line Communication (PLC) Market by Solution (PLC Over DC lines and PLC Over AC lines), Type (Broadband PLC and Narrowband PLC), Component (Line Tuners, Line Trap Unit, Transmitters & Receivers, Coupling Capacitor and Others) Application (Industrial, Residential and Commercial) - Global Industry Analysis And Forecast To 2025
Industry Outlook and Trend Analysis
Power Line Communication (PLC) is nothing but the technique of sending data over the prevailing power line, while registering itself at a compound annual growth rate (CAGR) during the forecast period. This technique behaves like half duplex communication medium. The existing power grids help for transfer of data with some PLC equipment present at the end points for data collecting and sending. The data is being modulated at the senders end and then demodulated after reception at the receiver end. The main use of PLC technique is seen in home automation, here all the electrical devices controlled remotely. PLC technique makes it appropriate for use in network topologies like Near-Me Area Network (NAN) and Home Network (HAN). PLC has some smart applications like home networking, radio transmission and internet access.
Drivers and Restrains
The primary driving factor for the Power Line Communication Market is the cost-effectiveness of this technique. As there is no need to establish new lines for data transmission as data can be transferred over the power lines in an effective way. The extra cost needed for the new cables and devices to set up data communication network is reduced. US is leading recently with number of grids function as smart grids it is due to technological development. The restraining factor for market growth is the reasons related to security and failure of these systems. As security related to data transmission is of importance now-a-days for organizations, military and even to residences. This retrain can be eliminated in the future with R&D.
The Power Line Communication Market is segmented on the basis of Solution, Type, Component and Application;
Based on Solution the market is divided into: PLC Over DC lines and PLC Over AC lines
Based on Type the market is divided into: Broadband PLC and Narrowband PLC
Based on Component the market is divided into: Line Tuners, Line Trap Unit, Transmitters & Receivers, Coupling Capacitor and Others
Based on Application the market is divided into: Industrial, Residential and Commercial
Regional Outlook and Trend Analysis
Geographically, the Power Line Communication Market is segmented into Europe, North America, Asia Pacific, Latin America, Middle East and Africa. North America and Europe are seen as the leading regions in Power Line Communication Market due to growth in automation requirement in many sectors. Asia Pacific, Africa and Middle East are going to see a rise in market share due to the factors like; rise in technological progress and use of PLC in various applications in different sectors.
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Sigma Designs, Inc
Cypress Semiconductor Corporation
Maxim Integrated, Inc
Sigma Designs, Inc
The Power Line Communication Market is segmented as follows-
PLC Over DC lines
PLC Over AC lines
Line Trap Unit
Transmitters & Receivers
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?