IndustryARC offers PLC systems market research report which emphasizes on the recent developments as well as historical evidence. The report states that, as of 2018, the global PLC systems market size was approximately $6.0 to $6.5 billion, and its value will increase at a CAGR of 12 to 15% over the course of the forecast period of 2019 to 2025. The research report incorporates the rising alignment of smart grids accompanied by increasing demand for broadband PLC devices in the indoor networking application, which has led to the PLC market growth.
The report is titled “Power Line Communication (PLC) Systems Market: By Frequency (Narrowband, Broadband); By Application (Smart Grids, Networking, Other); By Component (Receivers, Others); By Voltage (Low, Medium, High); By Modulation (Single, Multi, Others) & By Industry (Automotive, Others) & Geography – Forecast (2018-2023)”.
Electric power distribution is the final stage in the delivery of electric power which carries electricity from the transition system to individual consumers. The transition from electric power transmission to electric power distribution happens in power substation. The PLC circuits use fiber optic cables as utilities as an alternative to private point to point microwave systems on metallic cables. These cable wires and transmitters are often used in the industrial sector, and so, the application CAGR of PLC in the industrial sector is estimated to be 8 to 10% through to 2025. The major players in the PLC market have adopted new changes to expand their foothold in the market.
PLC Systems Market: Competitive Landscape
Some of the major companies that are referred to in this research report are Broadcom Corporation, Maximum Integrated, STMicroelectronics, Texas Instrumental, and Echelon Corporation. The following are the recent updates:
• Broadcom Corporation- In December 2018, HCL Technologies had signed a partnership agreement with Broadcom Inc. Majority of Broadcom’s professional services personnel with expertise in agile, cybersecurity and DevOps will transit to HCL Tech. Also, in February 2019, Broadcom has innovated the sixth generation of Wi-Fi, BCM4375 chip that powers Samsung Galaxy S10’s wireless connectivity.
• Maxim Integrated- In January 2019, Maxim introduced MAX86150, which is first of a kind biosensor module, comprised of LEDs, photo-detectors and an ECG analog front end to provide highly accurate, FDA-certifiable PPG and ECG performance in a compact, power-saving designs, including mobile phones, laptops, tablets, and smart speakers. This product line is anticipated to cause some disruptions in the PLC market.
• STMicroelectronics- In February 2019, the company launched its new USB-C Power Delivery ecosystem, which is an update to STM32G0’s firmware. The company has even updated the evaluation board (STM32G081B-EVAL), and STM32CubeMX utility, as well as the commercial availability of a new STM32GO Discovery Kit, and the deployment of their new STM32CubeMonitor-UCPD.
• Texas Instruments- In February 2019, the company introduced two new Ethernet physical layer (PHY) transceivers, expanding connectivity options for designers of both space-constrained applications and time-sensitive networks (TSNs). The DP83869HM is the industry’s only gigabit Ethernet PHY that supports copper and fiber media. Moreover, it offers high-temperature operation up to 125°C, which is always well received in the PLC systems market place.
• Echelon Corporation- In September 2018, Adesto completed its acquisition of Echelon Corporation. The Company also expects the acquisition to be accretive to EBITDA and non-GAAP EPS within the first 12 months.
PLC systems are available in every premises or buildings, especially for electric power supply. The PLC systems market has huge potential considering the emerging technologies and also has vital growth opportunities. Major dominance is observed in Europe with a market share of 28-32% globally. The industrial sector has more caliber for growth as compared to other sectors like IT and Telecommunication. Furthermore, the major key players are expanding their peculiarities in the market in recent years with using IoT and machine learning.
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Related Reports:
A. Broadband Power Line Communication (PLC) Chipsets Market
https://industryarc.com/Report/18074/broadband-power-line-communication-plc-chipsets-market.html
What can you expect from the report?
The PLC Systems Market is Prepared with the Main Agenda to Cover the following 20 points:
1. PLC Systems Market Size by Product Categories & Application
2. PLC Systems Market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. PLC Systems Market Mergers & Acquisition Analysis
10. PLC Systems Market Patent Analysis
11. PLC Systems Market Demand Analysis (Revenue & Volume)
12. PLC Systems Market Country-level Analysis
13. PLC Systems Market Competitor Analysis
14. PLC Systems Market Shares Analysis
15. PLC Systems Market Value Chain Analysis
16. PLC Systems Market Supply Chain Analysis
17. PLC Systems Market Strategic Analysis
18. PLC Systems Market Current & Future Market Landscape Analysis
19. PLC Systems Market Opportunity Analysis
20. PLC Systems Market Revenue and Volume Analysis
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