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Power Line Carrier Communications (PLCC) Market Growing Trends and Technology Forecast to 2032

01-19-2023 12:57 PM CET | IT, New Media & Software

Press release from: Analytics Market Research

Power Line Carrier Communications (PLCC) Market

Power Line Carrier Communications (PLCC) Market

Power Line Carrier Communications (PLCC) Market is anticipated to reach around $14 billion by 2022, growing at a CAGR of 18.4% from 2016 to 2022.

Power Line Carrier Communication is a communication technology that allows transfer of data over existing power cables. Using the power line as a communication medium is also a cost-effective way as compared to other methods because it uses an existing infrastructure, and wires subsist to every household connected to the power line network.

A relatively young field of communications is power line communications. It is a form of communication that enables data transfer through existing power connections. Due to the fact that it makes use of an existing infrastructure and that every home connected to the power line network has cables, using the power line as a communication medium is also more affordable than using alternative methods. Several European and Asian nations, as well as the United States, are adopting the prospective adoption of PLC with a focus on Internet access.

The cost-effectiveness of PLC infrastructure compared to conventional or rival technologies is the reason for the rise in PLC usage in the residential, commercial, and industrial sectors. Due to the increased power circulation and space efficiency provided by this technology, the worldwide PLC market is therefore anticipated to experience moderate expansion in the near future. However, the user's reliance on the same connection for both power and data increases the centralised risk element, which could impede market expansion. Government initiatives that are proactive in promoting PLC and smart grids that use PLC are anticipated to offer attractive market prospects.

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Global Power Line Carrier Communications (PLCC) Market: Major Players
Devolo
Zyxel Communications
Landis+Gyr
TP-Link Technologies
Schneider Electric
CG Power and Industrial Solution
Eaton
General Electric
NETGEAR
Comtrend
Punjab Communications Limited
Corinex Communications
Ametek
Siemens
D-Link
ABB

Global Power Line Carrier Communications (PLCC) Market: By Types
Narrowband (3 kHz to 500 kHz)
Broadband (Greater than 500 kHz)

Global Power Line Carrier Communications (PLCC) Market: By Applications
Residential
Commercial
Industrial

Global Power Line Carrier Communications (PLCC) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Power Line Carrier Communications (PLCC) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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• Quantitative, qualitative, value (in USD million), and volume (in units million) data are among the segments and sub-segments.
• The research contains a wealth of data, including market dynamics and opportunities throughout the forecast period.
• Data at the regional, sub-regional, and national levels also provides information on the market's supply and demand dynamics.

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Key Questions Answered in This Report:
• How has the global Market performed so far and how will it perform in the coming years?
• What are the key regional Markets?
• What has been the impact of COVID-19 on the global Market?
• What is the breakup of the Market based on the type?
• What is the breakup of the Market based on the application?
• What is the breakup of the Market based on the manufacturing process?
• What is the breakup of the Market based on the price range?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global Market and who are the key players?

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