Market Overview:
The global power line communication market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for broadband services and the growing need for energy management and smart grid applications. Additionally, the increasing demand for indoor networking applications is also contributing to the growth of this market. However, factors such as interference caused by other electronic devices and limited bandwidth are restraining the growth of this market. On basis of type, narrowband accounted for majority share in 2017 and is expected to maintain its dominance during forecast period owing to its low cost as compared with broadband services. On basis of application, energy management & smart grid held largest share in 2017 followed by indoor networking applications; however, other application segments are projected to exhibit highest CAGR during forecast period owingto rising adoption rates across various industry verticals.
Product Definition:
Power line communication (PLC) is a technology used to carry data on a conductor that is also carrying an alternating current (AC) electrical signal. PLC devices are used to send and receive signals between two or more points in a power grid, without the need for dedicated wiring.
Narrowband:
Narrowband is a range of frequencies between 4.6 GHz and 6 GHz, typically used in wireless local area networks (WLANs). The growth factor for narrowband is its ability to provide high-speed data transmission over existing power lines. It can support up to 100 devices connected through the electrical wires of an estate, building or city block.
Broadband:
The Broadband is a range of frequencies that are generally between 0 and 10 GHz. It is used to transmit data over short distances using the Power Line Communication (PLC). The PLC technology uses electrical power lines for communication. These power lines can carry data, voice, and video signals. Therefore, broadband allows high-speed communication with very small physical spaces between the transmitting and receiving devices.
Application Insights:
The global power line communication market has been segmented into indoor networking, energy management and smart grid, other applications. The indoor networking segment dominated the overall market in terms of revenue share in 2017. This is attributed to the growing demand for high-speed wireless networks at home and work places owing to factors such as increasing use of smartphones, rising number of multinational companies having offices across the globe, rapid urbanization coupled with industrialization creating a huge demand for electricity have all contributed to this growth. Moreover, PLC systems are being installed at bus stands railway stations and airports so that they can directly transfer information about passenger movements via radio waves thereby reducing human efforts. Such trends are expected to drive industry growth over the forecast period especially in developed economies like North America and Europe where there is a higher penetration rate of broadband internet connections compared with developing regions like Asia Pacific where it is still evolving as an access technology due to lack of infrastructure development which will eventually drive industry expansion over next eight years globally.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to early adoption of technologies in various sectors such as healthcare, transportation, and others. The region accounted for a revenue share of more than 35% in 2017 and is estimated to grow at a significant CAGR over the forecast period.
Asia Pacific is anticipated to witness substantial growth during the forecast years on account of increasing demand from end-use industries such as energy management and smart grid. Increasing penetration rates for power line communication systems are also driving industry expansion across this region. Moreover, rising investments by governments in developing countries are likely to contribute significantly towards market growth during the projected time frame.
Growth Factors:
- Increasing demand for data-intensive services such as 4K video, AR/VR, and IoT is expected to boost the market growth.
- Proliferation of smart devices and the growing trend of Bring Your Own Device (BYOD) is also anticipated to fuel the demand for power line communication technology in the near future.
- Rapid urbanization and increasing investments in smart city initiatives are likely to create new opportunities for power line communication market players over the next few years.
- Stringent government regulations pertaining to energy efficiency are likely to propel the adoption of power line communication technology across various industry verticals in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Line Communication Market Research Report
By Type
Narrowband, Broadband
By Application
Energy Management and Smart Grid, Indoor Networking, Other
By Companies
Siemens (Germany), Netgear (US), ABB (Switzerland), Ametek (US), Schneider Electric (France), General Electric (US), TP-Link Technologies (China), D-Link (Taiwan), Landis+Gyr (Switzerland), Nyx Hemera Technologies (Canada), Belkin International (US), Billion Electric (Taiwan), Devolo (Germany), Hubbell Power Systems (US), Corinex Communications (Canada), TRENDnet (US), Zyxel Communications (Taiwan), Extollo Communications (US), ASUSTeK Computer (Taiwan), ZIV (Spain), Comtrend (Taiwan), Iskra (Slovenia), Lumenpulse (Canada), NetComm Wireless (Australia)
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Power Line Communication Market Report Segments:
The global Power Line Communication market is segmented on the basis of:
Types
Narrowband, Broadband
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
Energy Management and Smart Grid, Indoor Networking, Other
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:
- Siemens (Germany)
- Netgear (US)
- ABB (Switzerland)
- Ametek (US)
- Schneider Electric (France)
- General Electric (US)
- TP-Link Technologies (China)
- D-Link (Taiwan)
- Landis+Gyr (Switzerland)
- Nyx Hemera Technologies (Canada)
- Belkin International (US)
- Billion Electric (Taiwan)
- Devolo (Germany)
- Hubbell Power Systems (US)
- Corinex Communications (Canada)
- TRENDnet (US)
- Zyxel Communications (Taiwan)
- Extollo Communications (US)
- ASUSTeK Computer (Taiwan)
- ZIV (Spain)
- Comtrend (Taiwan)
- Iskra (Slovenia)
- Lumenpulse (Canada)
- NetComm Wireless (Australia)
Highlights of The Power Line Communication 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:
- Narrowband
- Broadband
- By Application:
- Energy Management and Smart Grid
- Indoor Networking
- Other
- 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 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?
Power Line Communication (PLC) is a technology that uses the power lines to transmit data. It can be used to connect devices in your home or office, and it's often used for networking purposes.
Some of the key players operating in the power line communication market are Siemens (Germany), Netgear (US), ABB (Switzerland), Ametek (US), Schneider Electric (France), General Electric (US), TP-Link Technologies (China), D-Link (Taiwan), Landis+Gyr (Switzerland), Nyx Hemera Technologies (Canada), Belkin International (US), Billion Electric (Taiwan), Devolo (Germany), Hubbell Power Systems (US), Corinex Communications (Canada), TRENDnet (US), Zyxel Communications (Taiwan), Extollo Communications (US), ASUSTeK Computer (Taiwan), ZIV (Spain), Comtrend (Taiwan), Iskra (Slovenia), Lumenpulse (Canada), NetComm Wireless (Australia).
The power line communication market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Power Line Communication 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 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 Market - Supply Chain
4.5. Global Power Line Communication Market Forecast
4.5.1. Power Line Communication Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Power Line Communication Market Size (000 Units) and Y-o-Y Growth
4.5.3. Power Line Communication Market Absolute $ Opportunity
5. Global Power Line Communication 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 Market Size and Volume Forecast by Type
5.3.1. Narrowband
5.3.2. Broadband
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Power Line Communication 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 Market Size and Volume Forecast by Application
6.3.1. Energy Management and Smart Grid
6.3.2. Indoor Networking
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Power Line Communication 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 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 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 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 Demand Share Forecast, 2019-2026
9. North America Power Line Communication 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 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 Market Size and Volume Forecast by Application
9.4.1. Energy Management and Smart Grid
9.4.2. Indoor Networking
9.4.3. Other
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 Market Size and Volume Forecast by Type
9.7.1. Narrowband
9.7.2. Broadband
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 Demand Share Forecast, 2019-2026
10. Latin America Power Line Communication 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 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 Market Size and Volume Forecast by Application
10.4.1. Energy Management and Smart Grid
10.4.2. Indoor Networking
10.4.3. Other
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 Market Size and Volume Forecast by Type
10.7.1. Narrowband
10.7.2. Broadband
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 Demand Share Forecast, 2019-2026
11. Europe Power Line Communication 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 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 Market Size and Volume Forecast by Application
11.4.1. Energy Management and Smart Grid
11.4.2. Indoor Networking
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Power Line Communication Market Size and Volume Forecast by Type
11.7.1. Narrowband
11.7.2. Broadband
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 Demand Share, 2019-2026
12. Asia Pacific Power Line Communication 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 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 Market Size and Volume Forecast by Application
12.4.1. Energy Management and Smart Grid
12.4.2. Indoor Networking
12.4.3. Other
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 Market Size and Volume Forecast by Type
12.7.1. Narrowband
12.7.2. Broadband
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 Demand Share, 2019-2026
13. Middle East & Africa Power Line Communication 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 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 Market Size and Volume Forecast by Application
13.4.1. Energy Management and Smart Grid
13.4.2. Indoor Networking
13.4.3. Other
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 Market Size and Volume Forecast by Type
13.7.1. Narrowband
13.7.2. Broadband
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 Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Power Line Communication Market: Market Share Analysis
14.2. Power Line Communication Distributors and Customers
14.3. Power Line Communication Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens (Germany)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Netgear (US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB (Switzerland)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ametek (US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schneider Electric (France)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. General Electric (US)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TP-Link Technologies (China)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. D-Link (Taiwan)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Landis+Gyr (Switzerland)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nyx Hemera Technologies (Canada)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Belkin International (US)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Billion Electric (Taiwan)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Devolo (Germany)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hubbell Power Systems (US)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Corinex Communications (Canada)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. TRENDnet (US)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Zyxel Communications (Taiwan)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Extollo Communications (US)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. ASUSTeK Computer (Taiwan)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. ZIV (Spain)
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
