Market Overview:
The global power line communication IC market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart meters, energy management systems, lighting equipment control, and solar power systems. The up-to-240MHz type segment is expected to hold the largest share of the global power line communication IC market in 2018, while the up-to-276MHz type segment is projected to grow at a higher CAGR during the forecast period. The North America region is estimated to account for the largest share of the global power line communication IC market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to grow at a higher CAGR during the forecast period due to rising demand from countries such as China and India.
Product Definition:
A power line communication (PLC) IC is a type of integrated circuit that facilitates the transmission of data over electrical wiring. PLC ICs are used in a variety of applications, including home automation, smart grids and industrial control systems.
Up to 240MHz:
Up to 240MHz, it's usage.
Power line communication (PLC) is a technology that enables data communications over the power lines. It uses the electrical wiring in residential and commercial buildings for data transmission. The technology has been around for more than two decades but has only recently gained widespread acceptance due to technological advancements such as high-speed Ethernet switches and modems.
Up to 276MHz:
Power Line Communication (PLC) is a technology that enables the transmission of data over electrical wires. It uses the existing power lines for data transmission and can cover long distances. PLC has been used in various applications such as home security systems, medical devices, building automation and smart grid technologies among others. The technology is gaining popularity due to its cost-effectiveness, ease of use and flexibility in usage which are expected to drive market growth over the forecast period.
Application Insights:
The market is segmented based on the application into smart meter, lighting equipment control, energy management system (EMS), solar power system and others. The EMS segment accounted for a major share in 2017 owing to increasing demand from industrial applications. Power line communication provides communication capability over long distances by using electric power lines as an medium. It has been proved to be a reliable technology for remote monitoring and controlling of electrical equipment such as metering devices, HVAC systems etc., in large scale industrial automation applications across the globe.
The growing need for energy efficient products along with government initiatives promoting adoption of clean technologies is expected to drive the demand for PLC over the forecast period especially in Europe and North America regions where electricity costs are relatively higher compared to other parts of world like Asia Pacific.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to early adoption of PLC technology in various applications. The region accounted for a revenue share of more than 30% in 2017 and is estimated to grow at a significant CAGR over the forecast period. This growth can be attributed to increasing penetration of smart grid systems, rising demand for energy-efficient products, and growing emphasis on reducing carbon footprints associated with power generation activities.
Asia Pacific emerged as the fastest-growing regional market from 2017 to 2018 owing its large population base, rapid industrialization & urbanization trends along with increasing government initiatives towards implementation of clean energy technologies such as Power Line Communication (PLC). China led this region due its large population base coupled with high demand for electricity generated through renewable sources such as solar panels & wind turbines which will lead into increased adoption of PLC based solutions across industries including oil & gas, transportation etc., thus driving industry growth across APAC regions.
Growth Factors:
- Increasing demand for data-intensive services such as 4K video, cloud storage, and Internet of Things (IoT) is expected to boost the demand for high-speed communication ICs.
- Proliferation of smart devices and the growing trend of IoT are anticipated to drive the need for Power Line Communication ICs in various applications including home automation, automotive, and industrial control systems.
- The increasing number of connected devices is resulting in higher bandwidth requirements that can be met by using Power Line Communication technology.
- Rising concerns over security and privacy are fueling the demand for secure communication solutions, which is benefiting the market for Power Line Communication ICs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Line Communication IC Market Research Report
By Type
Up to 240MHz, Up to 276MHz
By Application
Smart Meter, Energy Management System (HEMS, BEMS, FEMS etc.), Lighting Equipment Control, Solar Power System
By Companies
New Japan Radio, STMicroelectronics, Maxim, ON Semiconductor, Microchip Technology, Texas Instruments, NXP Semiconductors, Analog Devices, Renesas Electronics, Yitran, Astute Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Power Line Communication IC Market Report Segments:
The global Power Line Communication IC market is segmented on the basis of:
Types
Up to 240MHz, Up to 276MHz
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smart Meter, Energy Management System (HEMS, BEMS, FEMS etc.), Lighting Equipment Control, Solar Power System
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- New Japan Radio
- STMicroelectronics
- Maxim
- ON Semiconductor
- Microchip Technology
- Texas Instruments
- NXP Semiconductors
- Analog Devices
- Renesas Electronics
- Yitran
- Astute Electronics
Highlights of The Power Line Communication IC Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Up to 240MHz
- Up to 276MHz
- By Application:
- Smart Meter
- Energy Management System (HEMS, BEMS, FEMS etc.)
- Lighting Equipment Control
- Solar Power System
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Power Line Communication IC Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Power Line Communication IC (PLC IC) is a type of integrated circuit that can be used to control power lines. This type of IC can be used to monitor and control the flow of electricity through power lines, as well as to communicate with devices connected to the power line.
Some of the major players in the power line communication ic market are New Japan Radio, STMicroelectronics, Maxim, ON Semiconductor, Microchip Technology, Texas Instruments, NXP Semiconductors, Analog Devices, Renesas Electronics, Yitran, Astute Electronics.
The power line communication ic market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Power Line Communication IC Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Power Line Communication IC Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Power Line Communication IC Market - Supply Chain
4.5. Global Power Line Communication IC Market Forecast
4.5.1. Power Line Communication IC Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Power Line Communication IC Market Size (000 Units) and Y-o-Y Growth
4.5.3. Power Line Communication IC Market Absolute $ Opportunity
5. Global Power Line Communication IC Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Power Line Communication IC Market Size and Volume Forecast by Type
5.3.1. Up to 240MHz
5.3.2. Up to 276MHz
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Power Line Communication IC Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Power Line Communication IC Market Size and Volume Forecast by Application
6.3.1. Smart Meter
6.3.2. Energy Management System (HEMS, BEMS, FEMS etc.)
6.3.3. Lighting Equipment Control
6.3.4. Solar Power System
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Power Line Communication IC Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Power Line Communication IC Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Power Line Communication IC Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Power Line Communication IC Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Power Line Communication IC Demand Share Forecast, 2019-2026
9. North America Power Line Communication IC Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Power Line Communication IC Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Power Line Communication IC Market Size and Volume Forecast by Application
9.4.1. Smart Meter
9.4.2. Energy Management System (HEMS, BEMS, FEMS etc.)
9.4.3. Lighting Equipment Control
9.4.4. Solar Power System
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Power Line Communication IC Market Size and Volume Forecast by Type
9.7.1. Up to 240MHz
9.7.2. Up to 276MHz
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Power Line Communication IC Demand Share Forecast, 2019-2026
10. Latin America Power Line Communication IC Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Power Line Communication IC Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Power Line Communication IC Market Size and Volume Forecast by Application
10.4.1. Smart Meter
10.4.2. Energy Management System (HEMS, BEMS, FEMS etc.)
10.4.3. Lighting Equipment Control
10.4.4. Solar Power System
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Power Line Communication IC Market Size and Volume Forecast by Type
10.7.1. Up to 240MHz
10.7.2. Up to 276MHz
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Power Line Communication IC Demand Share Forecast, 2019-2026
11. Europe Power Line Communication IC Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Power Line Communication IC Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Power Line Communication IC Market Size and Volume Forecast by Application
11.4.1. Smart Meter
11.4.2. Energy Management System (HEMS, BEMS, FEMS etc.)
11.4.3. Lighting Equipment Control
11.4.4. Solar Power System
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Power Line Communication IC Market Size and Volume Forecast by Type
11.7.1. Up to 240MHz
11.7.2. Up to 276MHz
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Power Line Communication IC Demand Share, 2019-2026
12. Asia Pacific Power Line Communication IC Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Power Line Communication IC Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Power Line Communication IC Market Size and Volume Forecast by Application
12.4.1. Smart Meter
12.4.2. Energy Management System (HEMS, BEMS, FEMS etc.)
12.4.3. Lighting Equipment Control
12.4.4. Solar Power System
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Power Line Communication IC Market Size and Volume Forecast by Type
12.7.1. Up to 240MHz
12.7.2. Up to 276MHz
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Power Line Communication IC Demand Share, 2019-2026
13. Middle East & Africa Power Line Communication IC Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Power Line Communication IC Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Power Line Communication IC Market Size and Volume Forecast by Application
13.4.1. Smart Meter
13.4.2. Energy Management System (HEMS, BEMS, FEMS etc.)
13.4.3. Lighting Equipment Control
13.4.4. Solar Power System
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Power Line Communication IC Market Size and Volume Forecast by Type
13.7.1. Up to 240MHz
13.7.2. Up to 276MHz
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Power Line Communication IC Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Power Line Communication IC Market: Market Share Analysis
14.2. Power Line Communication IC Distributors and Customers
14.3. Power Line Communication IC Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. New Japan Radio
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. STMicroelectronics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maxim
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ON Semiconductor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Microchip Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Texas Instruments
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NXP Semiconductors
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Analog Devices
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Renesas Electronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Yitran
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Astute Electronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook