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Research and Markets: Global Power Line Communication Market 2014-2018: Alcatel-Lucent, Broadcom, Marvell Technology & Texas Instruments Dominate the MarketDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/x7548d/global_power_line) has announced the addition of the "Global Power Line Communication Market 2014-2018: Alcatel-Lucent, Broadcom, Marvell Technology & Texas Instruments Dominate the Market" report to their offering. The Global Power Line Communication market to grow at a CAGR of 19% to 2018 The growth of the Global PLC market is driven by several factors, one of which is the increasing connection with smart grid. The Industrial sector uses PLC mainly for smart grid communications, which are an integral part of the smart gird. There are several other factors driving this market such as the increasing need for reliable and cost-effective networking technology, and increasing demand for N-PLC. The Global PLC market is expected to grow moderately during the forecast period because of the presence of certain new and emerging trends. One of the major trends in the market is that PLC improves utility management. Certain power utilities have entere into contracts to lease smart grid communications network services to various companies or to other service providers. PLC improves the management of the utilities as it eliminates manual meter reading and introduces other benefits." Further, the report states that though the Global PLC market has several driving factors, it is hampered by certain challenges. One of the major challenges is limited product differentiation, which increases the bargaining power of the buyer and will negatively affect the Global PLC market. Another challenge in the market is slow ROI. Key vendors dominating this space are
Other vendors mentioned in the report are
Key questions answered in this report:
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