Power Line Communication (PLC) Market Next Big Thing | Major Giants- Siemens, Netgear, ABB, Ametek

The latest study released on the global 'Power Line Communication (PLC)' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Power Line Communication (PLC)' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
Siemens (Germany), Netgear (United States), ABB (Switzerland), Ametek (United States), Schneider Electric (France), General Electric (United States), TP-Link Technologies (China), D-Link (Taiwan), Landis+Gyr (Switzerland), Nyx Hemera Technologies (Canada), Belkin International (United States), Billion Electric (Taiwan), Devolo (Germany), Hubbell Power Systems (United States), Corinex Communications (Canada), TRENDnet (United States), Zyxel Communications (Taiwan), Extollo Communications (United States), ASUSTeK Computer (Taiwan)
Power line communication (PLC), a broadband access technology which enables data exchange by using low and medium voltage electricity grid. This technology allow users to control or retrieve data in a half-duplex manner. Increasing concerns regarding distribution issue and additional expenditure for setting up a data communication network have enforced numerous organisations to invest in improving the infrastructure of data network technology globally.

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Influencing Market Trend
• Growing Deployment of Smart Grids Globally
Market Drivers
• Increasing Demand for Cost-Effective Installation
• Enabling Wide Coverage By Using the Existing Electricity Distribution Network
• Growing Penetration of Broadband Power Line Communication Devices in Indoor Networking Applications
Opportunities:
• Growing Internet Penetration in Developing Nations Globally
• Increasing Use of Power Line Communication Technology for Lighting Control Applications
Challenges:
• Availability of Various Substitute Technologies
• High Dependency of User For Power and Data Over the Same Line Increases the Centralized Risk Factor

Analysis by Type (Narrowband PLC, Broadband PLC), Application (Energy Management and Smart Grid, Indoor Networking, Others), Component Type (Line Trap Unit, Coupling Capacitor, Line Tuners, Transmitters and Receivers, Others), Offering Type (Hardware, Software, Services), Frequency Band (Narrowband (3 kHz to 500 kHz), Broadband (Greater than 500 kHz)), End Use Industry Vertical (Residential, Commercial, Automotive, Oil & gas, Telecommunication, Others (Healthcare, Energy among Others)), Solution (Power Line Communication (PLC) over AC Lines, Power Line Communication (PLC) over DC Lines)

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The regional analysis of Global Power Line Communication (PLC) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

Europe is a very active market for PLC equipment. The regulation and market access principles for PLC devices as telecommunication equipment. Under this framework, European harmonized standards are an accepted approach for product compliance test. An important such standard is the European Norm (EN) 50065, a complete version of which was first issued by CENELEC.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/99839-global-power-line-communication-plc-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Power Line Communication (PLC) market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Power Line Communication (PLC) market.

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This release was published on openPR.