The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increased need for smart grid systems is likely to stimulate innovation in the manufacture of power and communication lines, as well as related structures, propelling the market over the forecast period.

The global power and communication line and related structures construction market is expected to grow from $286.56 billion in 2022 to $299.38 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The global power and communication line and related structures construction market is expected to reach $339.43 billion in 2027 at a CAGR of 3.2%.

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Global Power And Communication Line And Related Structures Construction Market Segments Include:

• By Offering: Hardware, Software, Services
• By Modulation Technique: Single Carrier Modulation, Multi Carrier Modulation, Spread Spectrum Modulation
• By Frequency: Narrowband (3 KHZ To 500 KHZ), Broadband (Greater Than 500 KHZ)
• By Vertical: Industrial, Commercial, Residential
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global power and communication line and related structures construction market in 2021.

Major Market Players in the power and communication line and related structures construction market include Siemens, ABB Ltd., Schneider Electric SE, Landis+Gyr, D-Link Corporation, Analog Devices Inc., Infineon Technologies, Texas Instruments Inc.

Product innovation has emerged as a crucial trend gaining traction in the construction of power and communication lines and related structures. To increase their market position, major players in the power and communication line and related structures construction industry are introducing innovative products. Qualcomm Technologies, Inc., a US-based global firm, for example, developed a power line communication (PLC) device called QCA7006AQ in May 2022. The QCA7006AQ is designed to address the communication needs of electric vehicle (EV) charging stations, also known as electric vehicle supply equipment (EVSE), as well as to support V2G. Because of the particular capabilities of the QCA7006AQ, HomePlug Audio Video (HPAV) streaming at PHY speeds above 200 Mbps is also possible, allowing a wired data connection to the cloud via the charging station.

The Power And Communication Line And Related Structures Construction Global Market Report 2023  provides a power and communication line and related structures construction market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The power and communication line and related structures construction market forecast analyzes power and communication line and related structures construction market size, power and communication line and related structures construction market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Power and communication cables, as well as associated infrastructure Construction activities are primarily concerned with the construction of power lines, towers, power plants, and transmitting and receiving towers for radio, television, and telecommunications. Data transmission is accomplished by sending data over pre-existing electrical lines.

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