Power Line Communication PLC Market Size & Growth Analysis Report, 2021-2027

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.
A full report of Power Line Communication PLC Market available at: https://www.orionmarketreports.com/power-line-communication-plc-market/24139/
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.
Power Line Communication 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

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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

Key Questions Answered by Power Line Communication PLC Market Report

• What was the Power Line Communication PLC Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Power Line Communication PLC Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Power Line Communication PLC Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.