Global Power Line Communication (PLC) Systems Market Size Will Observe Substantial Growth By 2030

Global Power Line Communication (PLC) Systems Market Overview:

Global Power line communication (PLC) systems market was estimated to be USD 7,398.5 million in 2020 with volume to be around 1,20,517 Thousand Units and is forecasted to grow at a CAGR of 9.80% during the forecast period of, 2021 – 2030. Detailed analysis and research with respect to values, statistics, and drivers, restraints, and opportunities are accurate for the buyers to decide their goals and objectives. Every driving is elaborated with proper research and statistics from various major economies. The report is not only limited to the driving factors, opportunities, and challenges, but also comprise past scenario and consumer behavior, ongoing trends, and the future insights so that the companies can decide their production volume and reduce wastage.

Market Definition:

The Power Line Communication (PLC) Systems market refers to the technology that enables data transmission over the existing electrical power lines. The global Power Line Communication (PLC) Systems market is expected to grow significantly in the coming years due to the increasing demand for high-speed and reliable communication networks.

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Market Competitors:

Some of the Key Players that are Profiled in this Reports:

• Siemens
• Abb
• Ge
• Socionext
• Altenergy Power Systems
• Chilicon Power
• Nxp Semiconductor N.V.
• St Microelectronics
• Cypress Semiconductor
• Devolo
• Ametek, Inc
• Power Plus Communication
• Acbel
• Fuku Energy
• Giga Fast
• St&T

Market Segmentation:

By Type          

Broadband PLC, Narrowband PLC

By Solution    

PLC over AC Lines, PLC over DC Lines

By Application          

Smart Meter, Microinverter, EV and EV Charger, Virtual Power Plant, Home Appliance, Lighting, Doorbell & Connecting Systems, TV, Robotics, Network Devices

By End-User   

Industrial, Residential, Commercial

By SoC Solution        

PHY, MAC, MCU

By Geography

• North America– (U.S., Canada, Mexico)
• Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
• Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
• Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
• The Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)

Competitive Analysis:

The Global Power Line Communication (PLC) Systems Market Size is segmented on the basis of product, application, end user, and geography. Moreover, the industry players profiled in the report are increasingly adopting various growth strategies to create niche market in the industry, increase their sales, and ultimately expand their global reach. The market is majorly dominated in geographies like North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.

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