Market Overview:
The global power line communication (PLC) systems 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 PLC systems and the rising number of smart grid projects across the globe. Based on type, the global power line communication (PLC) systems market is segmented into narrowband PLC, broadband PLC, and power line communication (PLC) system. The broadband PLC segment is expected to grow at a CAGR of 11.0% from 2018 to 2030 due to its ability to provide high-speed internet connectivity over long distances without any degradation in performance. Based on application, the global power line communication (PCL) systems market is segmented into commercial, residential, smart grid, automotive, and other applications. The commercial application segment accounted for majority share of 49% in 2017 and is projected to grow at a CAGR of 10%.
 Systems Industry Outlook.svg)
Product Definition:
Power line communication (PLC) systems are used to carry data and control signals over power lines. They are often used to provide home networking, video on demand, and broadband Internet access. PLC systems can also be used for energy management and smart grid applications.
Narrowband PLC:
Narrowband PLC (NB-PLC) is a data communication technology that operates in the range of frequencies between 4.2 GHz to 4.4 GHz using power line carrier waves. It offers benefits such as ease of installation and use, cost effectiveness, and interoperability with other technologies such as WiMAX and Ethernet over existing coaxial cables or optical fiber networks.
Broadband PLC:
The Broadband PLC (Power Line Communication) systems are used to transmit data over power lines. It is a technology that uses the existing electrical wires in homes and businesses for data transmission. The system works by modulating the regular power line carrier with the data signal, which is then carried across to the receiving device via an electrician's wire or cable.
Application Insights:
The commercial segment held the largest share of more than 60.0% in 2017. The growing need for communication between different sections of a building, office complex or industrial plant to manage power distribution is expected to be the key factor driving demand over the forecast period.
Power line communication systems are used for remote monitoring and control of electrical equipment from an office or home without the need for physical contact with these devices. They are also used in smart grids as they can transfer data through power lines that carry information about electricity usage, which can be processed and stored before being transmitted again through another set of wires, thereby providing a real-time image about electricity consumption across various locations globally (see figure 1).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in power distribution and growing adoption of smart grid technology, which requires reliable power supply systems at homes and businesses. Europe accounted for a significant share of revenue generation owing to early acceptance of PLC systems technology coupled with high demand for efficient power distribution networks across countries such as Germany, Italy, France among others. Asia Pacific is projected to grow at a lucrative CAGR over the forecast period owing to increasing government initiatives towards electrification of rural areas along with rapid industrialization that has led to increased energy consumption requirements in major economies such as China and India among others. Power line communication system enables data communication through electric current using coded pulses on utility lines (power lines).
Growth Factors:
- Increasing demand for data-intensive services: The increasing demand for data-intensive services is one of the key growth drivers for the Plc systems market. With the proliferation of smart devices and the growing popularity of 4G and 5G networks, there is a surge in the demand for bandwidth-heavy applications such as video streaming, online gaming, and cloud computing. This is expected to drive the adoption of Plc systems across various industries.
- Proliferation of smart cities: As more and more cities are getting transformed into smart cities, there is an increased need for reliable communication infrastructure to support various municipal applications such as intelligent transportation systems (ITS), water management, and energy conservation. Plc systems offer a high degree of reliability and flexibility compared to other communication technologies, making them an ideal choice for smart city deployments.
- Growing popularity of IoT: The Internet of Things (IoT) has emerged as one of the most promising markets in recent years with a projected global value exceeding trillion by 2025 . By connecting billions of devices to the internet, IoT has opened up new opportunities for businesses across all industries to improve operational efficiency and customer experience . Plc systems are well suited for IoT deployments due to their low latency characteristics and ability to handle large amounts traffic without any degradation in performance..
- Need for improved security & resilience: With cyber threats becoming increasingly sophisticated , organizations are looking at ways to improve their security posture through better network protection mechanisms
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Line Communication (Plc) Systems Market Research Report
By Type
Narrowband PLC, Broadband PLC, Power Line Communication (Plc) System
By Application
Commercial, Residential, Smart Grid, Automotive, Other
By Companies
ABB, General Electric, Siemens, AMETEK, Texas Instruments, Maxim Integrated, Devolo, Cypress Semiconductor, ST Microelectronics, Panasonic, Microchip, Qualcomm Atheros, TP-Link Technologies, NETGEAR, NXP Semiconductor NV, Sigma Designs, Zyxel Communications, Renesas Electronics Corporation, Power Line Communication (Plc) System
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Power Line Communication (Plc) Systems Market Report Segments:
The global Power Line Communication (Plc) Systems market is segmented on the basis of:
Types
Narrowband PLC, Broadband PLC, Power Line Communication (Plc) System
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
Commercial, Residential, Smart Grid, Automotive, 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:
- ABB
- General Electric
- Siemens
- AMETEK
- Texas Instruments
- Maxim Integrated
- Devolo
- Cypress Semiconductor
- ST Microelectronics
- Panasonic
- Microchip
- Qualcomm Atheros
- TP-Link Technologies
- NETGEAR
- NXP Semiconductor NV
- Sigma Designs
- Zyxel Communications
- Renesas Electronics Corporation
- Power Line Communication (Plc) System
 Systems Market Overview.svg)
Highlights of The Power Line Communication (Plc) Systems 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 PLC
- Broadband PLC
- Power Line Communication (Plc) System
- By Application:
- Commercial
- Residential
- Smart Grid
- Automotive
- 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 (Plc) Systems 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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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Systems Market Statistics.svg)
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) Systems are a type of communication system that uses the power lines to transmit data. Plcs can be used to connect devices in buildings, between buildings, and across neighborhoods.
Some of the major players in the power line communication (plc) systems market are ABB, General Electric, Siemens, AMETEK, Texas Instruments, Maxim Integrated, Devolo, Cypress Semiconductor, ST Microelectronics, Panasonic, Microchip, Qualcomm Atheros, TP-Link Technologies, NETGEAR, NXP Semiconductor NV, Sigma Designs, Zyxel Communications, Renesas Electronics Corporation, Power Line Communication (Plc) System.
The power line communication (plc) systems 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 (Plc) Systems 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 (Plc) Systems 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 (Plc) Systems Market - Supply Chain
4.5. Global Power Line Communication (Plc) Systems Market Forecast
4.5.1. Power Line Communication (Plc) Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Power Line Communication (Plc) Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Power Line Communication (Plc) Systems Market Absolute $ Opportunity
5. Global Power Line Communication (Plc) Systems 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 (Plc) Systems Market Size and Volume Forecast by Type
5.3.1. Narrowband PLC
5.3.2. Broadband PLC
5.3.3. Power Line Communication (Plc) System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Power Line Communication (Plc) Systems 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 (Plc) Systems Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Residential
6.3.3. Smart Grid
6.3.4. Automotive
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Power Line Communication (Plc) Systems 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 (Plc) Systems 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 (Plc) Systems 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 (Plc) Systems 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 (Plc) Systems Demand Share Forecast, 2019-2026
9. North America Power Line Communication (Plc) Systems 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 (Plc) Systems 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 (Plc) Systems Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Residential
9.4.3. Smart Grid
9.4.4. Automotive
9.4.5. 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 (Plc) Systems Market Size and Volume Forecast by Type
9.7.1. Narrowband PLC
9.7.2. Broadband PLC
9.7.3. Power Line Communication (Plc) System
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 (Plc) Systems Demand Share Forecast, 2019-2026
10. Latin America Power Line Communication (Plc) Systems 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 (Plc) Systems 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 (Plc) Systems Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Residential
10.4.3. Smart Grid
10.4.4. Automotive
10.4.5. 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 (Plc) Systems Market Size and Volume Forecast by Type
10.7.1. Narrowband PLC
10.7.2. Broadband PLC
10.7.3. Power Line Communication (Plc) System
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 (Plc) Systems Demand Share Forecast, 2019-2026
11. Europe Power Line Communication (Plc) Systems 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 (Plc) Systems 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 (Plc) Systems Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Residential
11.4.3. Smart Grid
11.4.4. Automotive
11.4.5. 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 (Plc) Systems Market Size and Volume Forecast by Type
11.7.1. Narrowand PLC
11.7.2. Broadband PLC
11.7.3. Power Line Communication (Plc) System
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 (Plc) Systems Demand Share, 2019-2026
12. Asia Pacific Power Line Communication (Plc) Systems 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 (Plc) Systems 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 (Plc) Systems Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Residential
12.4.3. Smart Grid
12.4.4. Automotive
12.4.5. 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 (Plc) Systems Market Size and Volume Forecast by Type
12.7.1. Narrowband PLC
12.7.2. Broadband PLC
12.7.3. Power Line Communication (Plc) System
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 (Plc) Systems Demand Share, 2019-2026
13. Middle East & Africa Power Line Communication (Plc) Systems 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 (Plc) Systems 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 (Plc) Systems Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Residential
13.4.3. Smart Grid
13.4.4. Automotive
13.4.5. 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 (Plc) Systems Market Size and Volume Forecast by Type
13.7.1. Narrowband PLC
13.7.2. Broadband PLC
13.7.3. Power Line Communication (Plc) System
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 (Plc) Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Power Line Communication (Plc) Systems Market: Market Share Analysis
14.2. Power Line Communication (Plc) Systems Distributors and Customers
14.3. Power Line Communication (Plc) Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. General Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
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
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Texas Instruments
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Maxim Integrated
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Devolo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cypress Semiconductor
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ST Microelectronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Panasonic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Microchip
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Qualcomm Atheros
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. TP-Link Technologies
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. NETGEAR
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. NXP Semiconductor NV
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sigma Designs
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
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Renesas Electronics Corporation
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Power Line Communication (Plc) System
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
