Power line communication (PLC) utilizes electricity transmission and distribution lines for sending signals. This technology enables the transmission of data on low and medium voltage power line networks. It helps establish a communication network without requiring additional cable infrastructure. The growing need for smart metering solutions and automation in buildings and critical infrastructures has been a major driver for adopting PLC technology. With continuous advancements in communication protocols and semiconductor technologies, power line communication is emerging as a viable option for last mile connectivity in several applications.
Market Dynamics
The key factors driving the growth of global power line communication market include rapid adoption of smart grid technologies, growing need for wireless networking solutions in industrial sectors, and increasing deployment of smart metering solutions. Rising investments by utilities in advanced metering infrastructure (AMI) projects is augmenting the demand. Furthermore, integration of PLC with home and building automation systems is expected to create new opportunities. However, presence of noise and interference on power lines pose challenges for high-speed data transmission. Higher installation and compatibility issues compared to traditional cabling systems can also restrain the market growth. Development of narrowband PLC standards for various IoT-based applications is likely to offer new prospects in the coming years.
Key Features of the Study
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