Scope of the Study
Power Line Carrier Communications is used for telecommunication, tele-protection and tele-monitoring between electrical substations through power lines at high voltages, such as 110 kV, 220 kV, 400 kV. power-line communication technologies are needed for different applications which ranges from home automation to Internet access which is often called broadband over power lines. It carries data on a conductor that is also used simultaneously for AC electric power transmission or electric power distribution to consumers.
The market study is being classified by Type (Narrow band PLC and Broadband PLC), by Application (Energy Management and Smart Grid and Indoor Networking) and major geographies with country level break-up.
Maxim Integrated Products (United States), Texas Instruments (United States), STMicroelectronics (Switzerland), Linear Technology (United States), Cypress Semiconductor (United States), Broadcom (United States), Semtech (United States), ABB (Switzerland), D-Link (Taiwan) and Microsemi (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are ON Semiconductor (United States), Atmel (United States) and Yitran Technologies (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Power Line Carrier Communications market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Power Line Carrier Communications market by Type, Application and Region.
On the basis of geography, the market of Power Line Carrier Communications has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Applications of Energy in Different Verticals
- Growing Importance Owing to Increasing Concerns Regarding Security in Home and Business Units
- Increasing Home Automation Coupled with Surging Need for Reliable and Secure Network Systems
- Considerable Noise Generation During Operation May Hamper the Market
- Higher Concentration of Industries in Emerging Economies
- High Investments in Telecommunication Sector
- Lack of Skilled Professionals
Market Leaders and their expansionary development strategies
On July 2020, ST microelectronics has signed two agreements related to the acquisitions of the entire share capital of Ultra-Wide Band specialist Be Spoon and of the cellular IoT connectivity assets of Riot Micro.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organisations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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