HOME Press Releases Power Line Carrier Communication & PoE Controller Market worth 12.31 Billion USD by 2022



Power Line Carrier Communication & PoE Controller Market worth 12.31 Billion USD by 2022


According to the new market research report "Power Line Carrier Communication Market by Technology (Broadband & Narrowband), Application (Smart Grid & Indoor Networking), & PoE Controller Market by Type (PSE & PD), Application (Connectivity, Security, & LED Lighting), Geography - Global Forecast to 2022", the global power line carrier communication (PLCC) market is expected to reach USD 11.27 Billion by 2022, at a CAGR of 15.18% between 2016 and 2022. Increasing installation of smart grid hubs is a key driving factor for the PLCC market.

           Request Sample           Request Sample

Browse 100 market data Tables and 76 Figures spread through 189 Pages and in-depth TOC on "Power Line Carrier Communication Market by Technology (Broadband & Narrowband), Application (Smart Grid & Indoor Networking), & PoE Controller Market by Type (PSE & PD), Application (Connectivity, Security, & LED Lighting), Geography - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/power-line-communication-plc-market-912.html
Early buyers will receive 10% customization on reports.

The global Power over Ethernet (PoE) controller market was valued at USD 0.45 Billion in 2015 and is expected to reach USD 1.04 Billion by 2022, at a CAGR of 12.56% during the forecast period. The growth in this market can be attributed to the ability of the Power over Ethernet technology to transfer electrical power through data cables, which makes supplying power to powered devices economical as well as convenient.

Commercial vertical to hold the largest share of the PLCC market during the forecast period

The commercial vertical is expected to hold the largest share of the PLCC market during the forecast period, owing to the ongoing transformation of the existing metering terminals to smart metering systems, significant adoption rate of PLCC systems in building automation applications, and surging demand for secure and reliable network communications. On the other hand, the major factors driving the growth of the PoE controller market for the commercial vertical includes high demand for PoE compatible devices, especially for connectivity and security & access control applications.

Market for narrowband PLCC systems and powered device controllers expected to grow at a high rate

The market for narrowband PLCC systems is expected to grow at a high rate during the forecast period. Growing adoption of narrowband PLCC systems in the residential, commercial, and industrial metering infrastructure is one of the key factors driving the growth of this market. The growth of the market for PD controllers is being propelled by the increasing demand for PoE enabled devices, especially VoIP phones and wireless access points.

APAC expected to be the fastest-growing market for PLCC and PoE controllers during the forecast period

The PLCC and PoE controller markets in APAC are expected to grow at a high rate during the forecast period. Growing market for advanced metering infrastructure and surging demand for PLCC-based lighting control applications (such as roadways, parking areas, tunnels, and street lighting), and increasing deployment of PLCC-based products in the commercial and industrial sectors are expected to drive the growth of the PLCC market in this region. In addition, the high growth rate of the PoE controller market in APAC can be attributed to the increasing demand for PoE controllers in China, Japan, Taiwan, and South Korea as well as growing adoption rate of network devices such VoIP phones, wireless access points, and IP cameras (especially in the commercial vertical).

The major players in the PLCC and PoE controller markets include Maxim Integrated Products Inc. (U.S.), Texas Instruments Inc. (U.S.), STMicroelectronics N.V. (Switzerland), Linear Technology Corp. (U.S.), Cypress Semiconductor Corp. (U.S.), Broadcom Ltd. (U.S.), and Yitran Technologies Ltd. (Israel) among others.

This research report categorizes the global PLCC market on the basis of frequency, application, vertical, component, and geography; and the global PoE controller market on the basis of type, product, application, vertical, and geography. This report describes the drivers, restraints, opportunities, and challenges for the growth of the PLCC and PoE controller markets.

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports