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The Asia Pacific Power Line Communication Market Size is anticipated to experience a market growth of 20.1% CAGR during the forecast period (2016 - 2022).
PLC system is a process of transmitting both data and electrical power, over the same power cable. The system employs existing electrical cabling as network cables, allowing them to carry data signals. The PLC system is an effective method of extending an existing network without adding new cables to new areas. A PLC system has numerous benefits over a wireless connection; nevertheless, the quality of the connection solely depends on the quality of the local electrical system.
A wide range of PLC technologies has been used in various applications such as smart home automation to Internet access, which is often called as power over Ethernet (PoE). Asia-Pacific would exhibit tremendous growth. Growth in power transmission, significant growth in the use of Internet, and rapid adoption of advanced technologies are the factors that would drive the market in the Asia Pacific region.
Additionally, unprecedented growth in power management devices across China, Japan, India, and South Korea to address the needs of the end users such as consumer electronics and industrial systems, would further add to the market growth. Technological advancements to address power loss in extreme conditions would be highly lucrative opportunities to explore. Also, advancements in residential and commercial sectors would further add to the market potential, especially in Asian countries such as China, Japan, South Korea, and India. Based on the component type, the Power Line Communication (PLC) Systems market is segmented into Transmitters & Receivers, Coupling Capacitor, Line Trap Unit, Line Tuners and Others. Based on the Type, the market is segmented into Narrowband PLC and Broadband PLC.
Based on Solution Type, the market is segmented into PLC over AC Lines and PLC over DC Lines. The Applications covered under the report includes Commercial, Residential, Power Distribution, Oil & Gas, Telecommunication, Automotive and Others. Based on Country, Asia-Pacific Power Line Communication (PLC) market is segmented into China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific. China remained the dominant Country in the Asia-Pacific Power Line Communication (PLC) market in 2015.
India and South Korea would witness promising CAGR during the forecast period (2016-2022). The report covers the analysis of key stake holders of the Power Line Communication (PLC) market. Key companies profiled in the report include Cypress Semiconductor Corporation, NXP Semiconductors N.V., Texas Instruments Incorporated, STMicroelectronics N.V., Broadcom Limited, Maxim Integrated., Qualcomm Atheros Inc., Microchip Technology Inc. and Echelon Corporation.