North America 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)
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the North America Power Line Communication Market
Market Report Description
The North America Power Line Communication Market Size is poised to grow at a CAGR of 17.2% 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 have been used in various applications such as smart home automation to Internet access, which is often called as power over Ethernet (PoE). PLC is majorly used in residential, commercial, and industrial sectors, owing to its cost-effectiveness, space efficiency, and ability to operate many devices. Nevertheless, centralized risk associated with connected devices would limit the market growth.
Despite challenges, various advantages of PLC systems over wireless technologies would propel market growth during the forecast period. Broadband connectivity has given rise to the demand for sending digital voice, video, and Internet data. The ever increasing demand for higher efficiency, faster data transfer rate, and minimal power loss are major factors driving the PLC market growth. 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, North America Power Line Communication (PLC) market is segmented into US, Canada, Mexico and Rest of North America. US remained the dominant Country in the North America Power Line Communication (PLC) market in 2015. Canada 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.