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Power Line Communication (PLC) Systems Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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The Power Line Communication (PLC) Systems market research reports indicate a growing demand for PLC systems due to their efficiency and costeffectiveness in transmitting data over power lines. The market size for PLC systems is expected to reach $XX billion by 2025, driven by increasing adoption in smart grid technologies and smart home applications.
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Companies Covered (Covid 19 Impact Covered)
◍ ABB
◍ General Electric
◍ Siemens
◍ Maxim Integrated
◍ Devolo
◍ Cypress Semiconductor
◍ Microchip
◍ ST Microelectronics
◍ Panasonic
◍ AMETEK
◍ NETGEAR
◍ Qualcomm Atheros
◍ TP-Link Technologies
◍ Texas Instruments
◍ Zyxel Communications
◍ NXP Semiconductor NV
◍ Renesas Electronics Corporation
The Power Line Communication (PLC) Systems Market is competitive with key players such as ABB, General Electric, Siemens, Devolo, Texas Instruments, and more offering a range of products and services in this sector. These companies utilize PLC technology for smart grid solutions, home automation, industrial applications, and more to drive growth in the market.
- ABB: Reported sales revenue of $27.44 billion in 2020.
- General Electric: Reported sales revenue of $79.92 billion in 2020.
- Siemens: Reported sales revenue of $67.54 billion in 2020.
- Texas Instruments: Reported sales revenue of $14.46 billion in 2020.
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