LAMEA Power Line Communication Market By Component (Transmitters & Receivers , Coupling Capacitor, Line Trap Unit, Line Tuners), Type (Narrowband, Broadband), Solution (PLC over AC Lines, PLC over DC Lines), Application (Commercial, Residential, Power Distribution , Oil & Gas, Telecommunication, Automotive)
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Market Report Description
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 have been used in various applications such as smart home automation to Internet access, which is often called as power over Ethernet (PoE). Power companies have started investing in advanced power management technologies and control technologies owing to the growing demand for power line communication and broadband. Focus has shifted from traditional power Grids to Smart Grids and PLC is one of the major components in Smart Grids. Hence, with the increasing number of Smart Grids coming, there would be a significant rise in the PLC market during the forecast period. The changes in technology have been seen through the introduction of congestive radio networks. With the development of power management technologies, expansion in power line communication could be expected during the forecast period. Hence, it could be one of the major factors driving the growth of the power line communication market.
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, LAMEA Power Line Communication (PLC) market is segmented into Brazil, ARGENTINA, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. Brazil remained the dominant Country in the LAMEA Power Line Communication (PLC) market in 2015. UAE and Saudi Arabia 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.