What is Power Line Communication Systems?
A power line communication system is a communication technology that enables sending data over existing public and private wiring from one end to the other end. It provides broadband data communications on conductors which are already in use for the transmission of electric power using a modular signal. The factors such as High Demand for Power Line Communication Systems in Residential, Commercial and Industrial Sectors, Enabling Wide Coverage By Using the Existing Electricity Distribution Network and High Penetration of Broadband Power Line Communication Devices in Indoor Networking Applications are the drivers for global Power Line Communication Systems market. However, the Dependency of the User for Power and Data Over the Same Line increases the Centralized Risk Factor may hamper the market growth.
The market study is broken down by Type (Narrowband PLC and Broadband PLC), by Application (Commercial, Residential, Automotive, Oil & Gas, Telecommunication, Power Distribution and Healthcare) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Power Line Communication Systems market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ABB Ltd. (Switzerland), Eaton Corp. (Ireland), Echelon Corp. (United States), Billion Electric Co. Ltd. (Taiwan), Aclara Technologies LLC (United States), Amperion, Inc. (United States), Atmel Corp. (United States)Cypress Semiconductor Corp. (United States), D-Link Corporation (Taiwan), Elster Group SE (United States), GE Grid Solutions (United States), Landis+Gyr AG (Switzerland), Marvell Technology Group Ltd. (Bermuda), Microchip Technology, Inc. (United States), NXP Semiconductors N.V. (Netherlands), Power Plus Communications AG and Qualcomm Atheros, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Power Line Communication Systems market by Type, Application and Region.
On the basis of geography, the market of Power Line Communication Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component, the sub-segment i.e. Coupling Capacitor will boost the Power Line Communication Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. PLC Over AC Lines will boost the Power Line Communication Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Technological Advancements in the Power Line Communication Systems
Market Drivers
- High Demand for Power Line Communication Systems in Residential, Commercial and Industrial Sectors
- Enabling Wide Coverage By Using the Existing Electricity Distribution Network
- High Penetration of Broadband Power Line Communication Devices in Indoor Networking Applications
Opportunities
- Proactive Government Initiative to Promote PLC
- Growing Deployment of Smart Grids
Restraints
- Dependency of the User for Power and Data Over the Same Line increases Centralized Risk Factor
Challenges
- Availability of Various Substitute Technologies
Key Target Audience
Power Line Communication Systems Providers, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.