Smart Grid Communication Landscape - Power Line Communication Gaining Edge Over Wireless Communication

Smart Grid Communication Landscape - Power Line Communication Gaining Edge Over Wireless Communication

Summary

GlobalData’s report “Smart Grid Communication Landscape - Power Line Communication Gaining Edge Over Wireless Communication” provides an analysis on the growing market for Powerline Communication (PLC) technology in comparison to wireless communication technology in the global smart grid communication industry. PLC technology has evolved as a cost-effective means for networking devices. The technology can be used to connect any electrical device in a smart grid, such as smart meters and home appliances, which makes it flexible for immediate implementation. Over the years, PLC technology has faced many barriers, such as noise interference. However, PLC has now been developed to support robust smart grid applications. PLC has become a cost effective solution for developing countries that are implementing smart grid technologies. Alliances and organizations like PoweRline Intelligent Metering Evolution (PRIME) and HomePlug have been formed to develop standards for PLC technology and support and promote cost effective power line networks and products. Due to the growing support from industries and utilities, the demand for PLC technology for smart grids is gaining momentum over wireless communication.

Scope

• Market trend for companies providing equipments and services to the global Powerline and wireless communication Industry in smart grid
• Smart grid communication scenario in developing nations
• Technical advancements in PLC technology
• Key global markets for wireless communication technologies

Reasons to buy

• Identify key growth and investment opportunities in the market for PLC and wireless communication technologies forsmart grid
• Gain insight on the global smart grid communication technologies market development trends
• Develop strategies for market penetration
• Facilitate decision-making based on insights on the global smart grid communication industry developments