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The Europe Power Line Communication Market Size would grow at a CAGR of 16.3% 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).
The transmitter & receivers segment is the major segment, as these components are a perfect solution for transmitting and receiving power and data carrier signals with minimum loss of energy. Also, in 2015, Europe contributed most of the revenue within the segment, as many topnotch manufacturers hale from the European region. Europe would be the leading region throughout the forecast period, due to a growing number of smart grid projects and industry systems that largely use PLC system. Also, advancements in residential and commercial sectors would further add to the market potential.
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, Europe Power Line Communication (PLC) market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Germany remained the dominant Country in the Europe Power Line Communication (PLC) market in 2015. France and Russia would witness promising CAGR during the forecast period (2016-2022).
The report covers the analysis of key stakeholders 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.