The global power line communication (PLC) market is expected to grow at a significant CAGR during the forecast period (2024-2031). PLC is a new communication technology that allows data to be transferred over existing power lines. It communicates between two end-points using power grids. Users can control or retrieve data in half-duplex mode using PLC technology. Furthermore, in this communication method, the sender modulates the data and injects it into power connections, which can be recovered at the receiving end using de-modulation. Household electric power wirings are utilized as a communication medium for remote control of lighting, appliances, sensors, and alarm systems in a house, and PLC technology is commonly employed for this purpose.
Get Free Sample link @ https://www.omrglobal.com/request-sample/power-line-communication-plc-market
The properties of PLC qualify it for use in home networks (HAN) and near-me area networks (NAN). Furthermore, PLC systems work in a variety of frequency bands and offer varying data transfer rates. PLC technology is commonly used in smart grid communication applications. In addition, internet access, home networking, and radio broadcast are also some applications of PLC technology. This technology also works with other technologies such as alternate current (AC), direct current (DC), and broadband. AC-PLC solutions are frequently preferred by businesses; however, DC-PLC solutions are commonly employed in distributed energy generation, vehicles, and transportation. Narrowband PLC is a form of PLC that is frequently utilized in smart grids, micro-inverters, and solar panels applications. Broadband PLC applications, on the other hand, are frequently employed for last-mile solutions such as video monitoring. PLC eliminates the need for extra communication routes by utilizing the current wire network. When compared to alternative communication systems, it supports cutting installation costs. Furthermore, PLC technology allows for high-speed data exchange. Over the projected period, all of these factors are expected to boost the global PLC market.
Full report of Power Line Communication (PLC) Market available @ https://www.omrglobal.com/industry-reports/power-line-communication-plc-market
Market Coverage
- Segment Covered-
o By Type
o By End-User
- Competitive Landscape: Siemens AG, ABB Ltd., and Schneider Electric SE, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Power Line Communication (PLC) Market Report Segmentation
By Component
- Narrowband PLC
- Broadband PLC
By End-User
- Residential
- Commercial
- Industrial
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/power-line-communication-plc-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
