The powerline carrier market analyst said a key trend that is boosting market growth is the increased adoption of advanced metering infrastructure. Government utilities are emphasizing energy consumption by improving or building power grid infrastructure by adopting smart technology. Hence, they are turning toward AMI, which connects home and neighborhood area networks. AMI protracts current smart meter technology by enabling two-way communication between utilities and consumers. The main goal of AMI is to provide consumers with real-time data on power consumption and other timely information about electricity.
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According to the report, a key growth driver that will have a big impact on the market is the development of PLC standards. PLC technology is in the development phase, and existing PLC standards are still changing with the fluctuating market dynamics. Therefore, industry participants are developing various standards to ensure reliable communications and interoperability. The governing bodies for these standards are working in collaboration with organizations to develop a universally acceptable standard. Currently, G3-PLC is one of the most highly acceptable standards among the organizations."
PLC is a communication networking technology that uses existing powerlines for transmitting data to both low-speed and high-speed networks. This is achieved by superposing a modulated high-frequency carrier signal onto a powerline, which is then decoupled and demodulated at the receiving end. Therefore, PLC technology enables the controlling and monitoring of all devices that are connected to the powerline.
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The report, Global Powerline Carrier Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The report covers the present scenario and the growth prospects of the global powerline carrier market for 2016-2020. To calculate the market size, analysts considers the revenue generated from the sales of powerline carrier semiconductor components and systems such as PLC adapters, couplers, data concentrators, integrated circuits (ICs), modems, motherboards, smart meters, and system-on-chip (SoC) in the following application segments: Smart grid, Indoor networking, Lighting, M2M, Others.
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Main players in the Global Powerline Carrier Market: In the broadband PLC market, the vendors are Amtel, Lantiq Semiconductor, Marvell Technology, Maxim Integrated, and Sigma Designs. In the narrowband PLC market, the vendors are Cypress Semiconductor, Echelon, Lumenpulse, Maxim Integrated, Semitech Semiconductor, STMicroelectronics, Texas Instruments, and Yitran Technologies.
Further, the report states that one challenge that will hamper market growth is the lack of a universally acceptable standard.
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