Social Release

The Increased Need for PLC

Apr 15, 2024 1 minute to read
Global Power Line Communication Graphic

Global Market Insights predicts that the PLC market will achieve a valuation of $38 billion by 2032 with the Narrowband PLC segment representing about 65% of the total. Key drivers behind this expansion include the increasing need for PLC in smart metering infrastructure, the surge in smart building development, and the integration of renewable energy. Semitech is actively participating in this PLC surge by offering resilient, top-tier PLC solutions tailored for the smart grid, automotive, and industrial IoT sectors. Proud to be part of this growth wave!

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