The report on the Global Power Line Communication Market has an in-depth coverage of the market along with multiple segmentations of the industry such as by type, application, and region among others.
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Power Line Communication market size will grow from USD 5.66 Billion in 2017 to USD 9.83 Billion by 2023, at an estimated CAGR of 9.65%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The growing deployment of smart grids coupled with the fact that power line communication is one of the major communication technologies that is being used for smart grid communications is one of the major factors driving the growth of the market. Moreover, the increasing demand for broadband power line communication devices in the indoor networking application has led to the growth of the market.
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The report segments the power line communication market on the basis of offering, frequency, application, vertical, and geography. The said market is expected to be led by the narrowband power line communication segment during the forecast period.
Substation communication and advanced metering are the main application areas of narrowband power line communication technology-based products. Substation communication and advanced metering applications hold a significant share of the overall power line communication market.
This factor has led to the dominant position of the narrowband segment in the market.
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Power Line Communication Industry Globally is witnessing good traction which is evident by the Global Power Line Communication Industry report. The report provides the customers a thorough coverage of the Power Line Communication Market performance over the last 5 years, and an accurate estimation of the market performance substantiated by the observed market trends over the years.
Furthermore, the report covers accurate projection of the Power Line Communication Market for the forecast period of 2018 – 2023. Moreover, the report covers other key statistics such as CAGR, market volume, market value in millions
Power Line Communication Market By Major Key Players:
ABB, Siemens, Ametek, General Electric, Schneider Electric, Tp-Link Technologies, Netgear, D-Link, Hubbell Power Systems, Belkin International, Zyxel Communications, Landis+Gyr, NYX Hemera Technologies, Trendnet, Lumenpulse, Devolo, Billion Electric, Extollo Communications, Netcomm Wireless, Asustek Computer
Power Line Communication Market By Offering
Hardware , Software , Services , ,
Power Line Communication Market By Frequency
Narrowband (3 kHz to 500 kHz) , Broadband (Greater Than 500 kHz), , , ,
Power Line Communication Market By Application
Energy Management and Smart Grid , Indoor Networking, ,, ,
Power Line Communication Market By Vertical
Residential , Commercial , Industrial , ,
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The global Power Line Communication Market report covers the overview of the market which provides the customer detailed information about the Power Line Communication Market such as the different types of products, the applications of the products and their performance in the market. This can help the customer relate to the market and gain requisite insights into the Power Line Communication Market for better understanding and planning.
The global Power Line Communication Market is segmented into various regions. Each region is individually analyzed and then pitted against one another to conclude as to which region is the leading region in the Power Line Communication Market in terms of value, volume, and market share.
Furthermore, the region which is recording the fastest growth rate is also covered.
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The type with the fastest growth rate for the forecast period and the type holding the highest market share are mentioned in the report along with a detailed analysis of each type in the global Power Line Communication Market report. The report also covers the key companies fighting it out in the Power Line Communication Market across the globe.
With the intense competition present in the Power Line Communication Market, the customer should be well informed of the competition and what is to be faced ahead.
Apart from this, the report also covers the rest of the Power Line Communication Market analysis such as market analysis, downstream customers, consumption, sales, price, and gross margin. Customer looking to buy this report presented by Orbis Research will receive the best collation of data and statistics about the Power Line Communication Market and can gain actionable insights through the well prepared report.
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