Market Analysis and Insights: Global Power Line Communication (PLC) Market
Power Line Communication (PLC) is a communication technology that enables sending data over existing power cables. This means that, with just power cables running to an electronic device (for example) one can both power it up and at the same time control/retrieve data from it in a half-duplex manner.
The global Power Line Communication (PLC) market size is projected to reach US$ 10910 million by 2028, from US$ 4910.1 million in 2021, at a CAGR of 11.6% during 2022-2028.
Europe held the largest share of the market in 2017 and is expected to witness a significant growth during the forecast period. Europe was the first region in terms of wide-scale adoption of power line communication technology, especially for the advanced metering application. This is one of the major factors that have led to the dominant position of Europe in the said market.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Power Line Communication (PLC) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Power Line Communication (PLC) market in terms of revenue.
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Global Power Line Communication (PLC) Scope and Market Size
Power Line Communication (PLC) market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Power Line Communication (PLC) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Narrowband PLC
Broadband PLC
Segment by Application
Residential
Commercial
Smart Grid
Automotive
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
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