Global Broadband PLC Chipset Market to generate $3.62 billion by 2023
According to the new market research report by IndustryARC titled “Global Broadband PLC Market: (2018-2023)”, the market has tremendous opportunities, considering from communication methods, segmented as follows Narrowband PLC, Micropower wireless, Broadband PLC and others.
Broadband PLC technology offers high speed powerline internet access. It enables the powerline data transmission between 500 kilo-bits per second (kbps) to 3 mega-bits per second (Mbps) which is certainly equivalent and faster to most data transmission technologies. Currently, these chipsets are gaining huge demand in smart homes across the globe sure its high speed connectivity.
North America to have a major share in the Broadband PLC Chipset Market
North America is the dominating market for global Broadband Power Line Communication Market in 2017. APAC is estimated to grow at a higher rate of 55.5% in global Broadband PLC Chipset Market by 2023 owing to the rising demand for connectivity and access to internet across the region. The possible implementation of PLC, with the main emphasis on internet power access, is at a higher adaption in various European and Asian countries. Due to proactive government initiatives to promote PLC systems market grids utilizing PLC, are expected to provide lucrative opportunities to the market.
Broadband PLC Chipset Market Analysis done in the full Report:
In 2017, networking held the largest size share of around 25% and continues its dominance in the global Broadband PLC Chipset Market and projected to reach about $905.62m by the end of 2023. Power line networking is considered as the cheapest method of connecting computers and other devices because these are Ideal for connecting old devices to the internet which don't have built-in Wi-Fi connectivity.
The market is all set to exhibit robust development with a broad range of satellite broadband applications in various industry verticals which include voice over IP, home networking, factory automation, building automation, enterprise, healthcare, transportation and others. Home networking is projected to continue its dominance in the global Broadband PLC Chipset Market owing to the rising demand for ability to send audio, video and internet data around the home or office buildings and projected to reach about $329m by the end of 2023, while transportation sector is estimated to witness significant growth rate of CAGR 14% during the forecast period 2018-2023.
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Excerpts on Broadband PLC Chipset Market Growth Factors
Consumers across the globe are continuously utilizing high speed LTE broadband for multiple connected devices and the trend is expected to continue in future. Therefore, this will show a positively impact on the smart home market, which in turn fuel the growth of PLC broadband chipset market.
Growing installations of surveillance equipment, which is one of the most effective ways of protecting one’s property from thieves or burglars has resulted in rising demanded for the broadband PLC chipsets.
Increasing demand for Power Line Communication Systems Market, the technology in the indoor networking application is likely to boost the demand for broadband PLC chipsets
The urgent need to bridge digital divide between urban and rural areas boosts demand for broad band over power lines developing economies.
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Key players of the Broadband PLC Chipset Market
Key players such as, Vango Technologies, MegaChips Corporation, Maxim Integrated and many more are resulting for the growth of the market throughout the forecast period. Global Broadband PLC Chipset Market key players have making different strategic initiatives include partnerships, acquisitions, products launches and collaborations majorly to augment entry into related markets and enhance core competencies through additions to product portfolio as well as leveraging capabilities of acquired companies to gain a foothold in the emerging markets.
Broadband PLC Chipset Market report is segmented as below
The global Broadband PLC Chipset Market study across various end user industries is incorporated in the report
A. Broadband PowerLine Communications Chipset By Standards
1.Homeplug AV (HomePlug AV1 and HomePlug AV2)
2.IEEE 1901
3.IEEE 1905.1
4.G.Hn
5.HomePNA
6.Others
B.Broadband PowerLine Communications Chipset By Technology
1.Standalone
2.Hybrid
3.Wi-Fi
4.Ethernet
5.Others
C.Broadband PowerLine Communications Chipset By End-User Industry
1.Voice Over IP
2.Home Networking
3.Factory Automation
4.Building Automation
5.Enterprise
6.Healthcare
7.Transportation
D.GAN Substrates by Geography (covers 10+ countries)
E.GAN Substrates Market Entropy
F.Companies Citied / Interviewed
1. Megachips Corp. (Japan)
2. Maximu Integrated (U.S)
3. Broadcom (U.S)
4. ST Microelectronics (Switzerland)
5. ST Microelectronics (Switzerland)
6. Texas Instruments Inc.
7. NEAT GEAR
8. ABB
9. TP-Link Technologies
10. D-Link
11. Power Plus Communications AG
12. Company 12+
Related Report:
A.Wireless Broadband Hotspot Equipment Market
B.Power Line Communication System Market
What can you expect from the report?
The Broadband PLC Chipset Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1.Market Size by Product Categories
2.Market trends
3.Manufacturer Landscape
4.Distributor Landscape
5.Pricing Analysis
6.Top 10 End user Analysis
7.Product Benchmarking
8.Product Developments
9.Merges & Acquisition Analysis
10.Patent Analysis
11.Demand Analysis ( By Revenue & Volume )
12.Country level Analysis (15+)
13.Competitor Analysis
14.Market Shares Analysis
15.Value Chain Analysis
16.Supply Chain Analysis
17.Strategic Analysis
18.Current & Future Market Landscape Analysis
19.Opportunity Analysis
20.Revenue and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC publish country or application based reports in Broadband PLC Chipset segment?
Response: Yes, we do have separate reports as mentioned below:
1. Americas Broadband PLC Chipset Market Report (2018-2023)
2. Asia Pacific Broadband PLC Chipset Market Analysis (2018-2023)
3. Europe Broadband PLC Chipset Market Size (2018-2023)
4. Factory Automation Broadband PLC Chipset Market Share (2018-2023)
5. Transportation Broadband PLC Chipset Market Trends (2018-2023)
6. Home Networking Broadband PLC Chipset Market Growth (2018-2023)
Q. Does IndustryARC provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you.
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.
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About IndustryARC:
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.
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