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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