The power lines have been traditionally a technique of communication where high voltages were applied over the message, and the message was further transferred in the form of electric voltages. The setup is advantageous as both information and electric current can be transferred easily and effectively on the same line. This has in turn, reduced the cost through limiting the infrastructural costs. The power line carrier systems are also called as power line digital subscriber lines (PDSL) or power line networking. As per the international and industry standards, the setup should be able to work under 600-kilohertz radio frequencies in order to be capable to transmit information. Since then, a sevearl more advanced technologies have developed while most of the present communication channels are based on VoLTE (voice over Long Term Evolution systems).
MARKET SCOPE
The "Global Power Line Carrier System Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the power line carrier system market with detailed market segmentation by technology, application, end-user, and geography. The report provides key statistics on the market status of the leading power line carrier system market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on technology, the global power line carrier system market is segmented into broadband and narrowband.
- On the basis of application, the market is segmented into smart grid, indoor networking, M2M, and others.
- Based on end-user, the market is segmented into electrical transmission and distribution, oil and gas, automotive, IT and telecommunications, electronics, and others.
MARKET DYNAMICS
Drivers:
- The power line carrier communication is highly implemented in electrical transmission systems as installation of this system makes the transmission smooth and faster. Hence, the increasing demand for electricity uplifts the demand for power line carrier communication.
- Further, higher investment in the telecommunication industry is also a key driving factor for power line carrier system market to grow over time. In addition, home automation is observing increasing demand, and power line carrier systems have been installed in home control and automation, this in turn provides an opportunity for the power line carrier system market to grow during the forecast period.
Restraints:
- High initial investment may hinder the growth of the power line carrier system market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The power line carrier system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the power line carrier system market in these regions.
IMPACT OF COVID-19 ON POWER LINE CARRIER SYSTEM MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the power line carrier system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from power line carrier system market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the power line carrier system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABB
- Corinex Cop.
- Cypress Semiconductor Corporation.
- Echelon
- Lumenpulse
- Marvell
- Maxim Integrated?
- Siemens
- Sigma Designs, Inc.
- STMicroelectronics