Power Line Communication (PLC) Market - Global Industry Analysis

Power Line Communication (PLC) Market - By Offering (Hardware, Software, and Services), By Frequency (Narrowband and Broadband), By Application (Energy Management & Smart Grid and Indoor Networking), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 03-Aug-2021 Category: Semiconductor & Electronics Report Format : PDF Pages: 120 Report Code: ZMR-6553 Status : Published

The global Power Line Communication (PLC) market accrued earnings worth approximately 8.1(USD Billion) in 2020 and is predicted to gain revenue of about 18.3 (USD Billion) by 2028, is set to record a CAGR of nearly 9.7% over the period from 2021 to 2028.

Description

The global Power Line Communication (PLC) market accrued earnings worth approximately 8.1(USD Billion) in 2020 and is predicted to gain revenue of about 18.3 (USD Billion) by 2028, is set to record a CAGR of nearly 9.7% over the period from 2021 to 2028. The report offers assessment and analysis of the Power Line Communication (PLC) market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Power Line Communication (PLC) Market: Overview

Power line communication is a communicating tool facilitating sending of data over existing power cables. Additionally, power line communication utilizes electric grids for communicating between end-points. It helps end-users in data retrieval in a half-duplex form. Apparently, in this procedure of communication, sender controls information and inserts it in power cables which will be retrieved through de-modulation at destination. In addition to this, PLC system is extensively used for household automation activities. Furthermore, use of PLC technology encompasses radio transmission, internet accessibility, and home networking.

Power Line Communication (PLC) Market: Growth Drivers

Escalating utility of PLC tools in advanced metering infrastructure will embellish industry landscape. Apart from this, evolution of PLC as cost –effective solutions will translate into massive growth of power line communication (PLC) in near future. Humungous demand for green energy as well as necessity of refurbishing power infrastructure will steer power line communication (PLC) industry during 2021-2028. Emergence of smart building concept will fuel expansion of power line communication (PLC) market in upcoming years. Large-scale penetration of broadband power line communication equipment in indoor networking systems will drive market trends.

Moreover, a slew of uses in electric car charging, solar panel monitoring & control, lighting control, advanced metering, and indoor networking will steer expansion of power line communication (PLC) market. With various firms operating in the industry focusing on providing new products & services for fulfilling customer demand, the market for power line communication (PLC) industry is set to gain traction in the upcoming years.

Regional Landscape

Europe To Make Notable Contributions Towards Market Size By 2028

The growth of power line communication (PLC) market in Europe during 2021-2028 is owing to large-scale acceptance of PLC-technology driven products in substation communications, smart metering activities, and network expanding in countries such as Italy. Apparently, presence of reputed participants such as ABB, Iskra, Schneider Electric, Landis + Gyr, and Iskraemeco in the continent will steer regional market trends.

Competitive Landscape

Key participants profiled in study and influencing market growth include Siemens AG, NETGEAR, Inc., ABB Limited, AMETEK, Inc., Schneider Electric SE,  General Electric, Hubbell Power Systems, TP-Link Technologies, D-Link, Landis+Gyr, Belkin International, devolo AG, and Zyxel Communications Corporation.

The global Power Line Communication (PLC) Market is segmented as follows:

By Application

  • Energy Management & Smart Grid
  • Indoor Networking

By Offering

  • Hardware 
  • Software
  • Services

By Frequency

  • Narrowband
  • Broadband

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Power Line Communication (PLC) Market, 2018–2028(USD Billion)
    • 2.2. Power Line Communication (PLC) Market: Snapshot
  • Chapter 3. Global Power Line Communication (PLC) Market– Industry Analysis
    • 3.1. Power Line Communication (PLC) Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Escalating utility of PLC touls in advanced metering infrastructure will steer power line communication (PLC) industry space.
      • 3.2.2. Emergence of PLC as cost –effective sulutions will transform into huge growth of power line communication (PLC) industry in foreseeable future.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Application
      • 3.4.2. Market attractiveness analysis By Offering
      • 3.4.3. Market attractiveness analysis By Frequency
  • Chapter 4. Global Power Line Communication (PLC) Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Power Line Communication (PLC) Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Technology launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Power Line Communication (PLC) Market– Application Analysis
    • 5.1. Global Power Line Communication (PLC) Market overview: By Application
      • 5.1.1. Global Power Line Communication (PLC) Market share, By Application, 2020 and 2028
    • 5.2. Energy Management & Smart Grid
      • 5.2.1. Global Power Line Communication (PLC) Market by Energy Management & Smart Grid , 2018–2028(USD Billion)
    • 5.3. Indoor Networking
      • 5.3.1. Global Power Line Communication (PLC) Market by Indoor Networking, 2018–2028(USD Billion)
  • Chapter 6. Global Power Line Communication (PLC) Market– Offering Analysis
    • 6.1. Global Power Line Communication (PLC) Market overview: By Offering
      • 6.1.1. Global Power Line Communication (PLC) Market share, By Offering, 2020 and 2028
    • 6.2. Hardware
      • 6.2.1. Global Power Line Communication (PLC) Market by Hardware , 2018–2028(USD Billion)
    • 6.3. Software
      • 6.3.1. Global Power Line Communication (PLC) Market by Software, 2018–2028(USD Billion)
    • 6.4. Services
      • 6.4.1. Global Power Line Communication (PLC) Market by Services, 2018–2028(USD Billion)
  • Chapter 7. Global Power Line Communication (PLC) Market– Frequency Analysis
    • 7.1. Global Power Line Communication (PLC) Market overview: By Frequency
      • 7.1.1. Global Power Line Communication (PLC) Market share, By Frequency, 2020 and 2028
    • 7.2. Narrowband
      • 7.2.1. Global Power Line Communication (PLC) Market by Narrowband , 2018–2028(USD Billion)
    • 7.3. Broadband
      • 7.3.1. Global Power Line Communication (PLC) Market by Broadband, 2018–2028(USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. Siemens AG
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Technology Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. NETGEAR, Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Technology Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. ABB Limited
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Technology Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Development
    • 8.4. AMETEK, Inc.
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Technology Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Schneider Electric SE
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Technology Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. General Electric
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Technology Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Hubbell Power Systems
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Technology Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. TP-Link Technulogies
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Technology Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. D-Link
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Technology Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Landis+Gyr
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Technology Portfolio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development
    • 8.11. Belkin International
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Technology Portfolio
      • 8.11.4. Business Strategy
      • 8.11.5. Recent Development
    • 8.12. devulo AG
      • 8.12.1. Overview
      • 8.12.2. Financials
      • 8.12.3. Technology Portfolio
      • 8.12.4. Business Strategy
      • 8.12.5. Recent Development
    • 8.13. Zyxel Communications Corporation
      • 8.13.1. Overview
      • 8.13.2. Financials
      • 8.13.3. Technology Portfolio
      • 8.13.4. Business Strategy
      • 8.13.5. Recent Development

List of Figures

1. Market research Type
2. Market research methodology
3. Global Power Line Communication (PLC) Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Power Line Communication (PLC) Marketattractiveness, By Application
6. Global Power Line Communication (PLC) Marketattractiveness, By Offering
7. Global Power Line Communication (PLC) Marketattractiveness, By Frequency 
8. Global Power Line Communication (PLC) Marketshare by Application ,2020 and 2028 (USD Billion)
9. Global Power Line Communication (PLC) Marketby Energy Management & Smart Grid , 2018–2028(USD Billion)
10. Global Power Line Communication (PLC) Marketby Indoor Networking, 2018–2028(USD Billion)
11. Global Power Line Communication (PLC) Marketshare by Frequency ,2020 and 2028 (USD Billion)
12. Global Power Line Communication (PLC) Marketby Narrowband, 2018–2028(USD Billion)
13. Global Power Line Communication (PLC) Marketby Broadband, 2018–2028(USD Billion)
14. Global Power Line Communication (PLC) Marketshare by Offering ,2020 and 2028 (USD Billion)
15. Global Power Line Communication (PLC) Marketby Hardware  , 2018–2028(USD Billion)
16. Global Power Line Communication (PLC) Marketby Software, 2018–2028(USD Billion)
17. Global Power Line Communication (PLC) Marketby Services, 2018–2028(USD Billion)
18. Global Power Line Communication (PLC) Marketshare, by Region, 2020 and 2028
19. North America Power Line Communication (PLC) Market, 2018–2028(USD Billion)
20. Europe Power Line Communication (PLC) Market, 2018–2028(USD Billion)
21. Asia Pacific Power Line Communication (PLC) Market, 2018–2028(USD Billion)
22. Latin America Power Line Communication (PLC) Market, 2018–2028(USD Billion)
23. The Middle East and Africa Power Line Communication (PLC) Market, 2018–2028(USD Billion)
 


List of Tables

1. Global Power Line Communication (PLC) Market: snapshot
2. Drivers of the Power Line Communication (PLC) Market: impact analysis
3. North America Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
4. North America Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
5. North America Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
6. The U.S. Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
7. The U.S. Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
8. The U.S. Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
9. Rest of North America Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
10. Rest of North America Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
11.  Rest of North America Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
12. Europe Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
13. Europe Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
14. Europe Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
15. UK Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
16. UK Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
17. UK Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
18. France Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
19. France Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
20. France Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
21. Germany Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
22. Germany Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
23. Germany Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
24. Rest of Europe Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
25. Rest of Europe Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
26. Rest of Europe Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
27. Asia Pacific Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
28. Asia Pacific Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
29. Asia Pacific Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
30. China Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
31. China Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
32. China Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
33. Japan Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
34. Japan Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
35. Japan Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
36. India Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
37. India Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
38. India Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
39. Rest of Asia Pacific Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
40. Rest of Asia Pacific Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
41. Rest of Asia Pacific Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
42. Latin America Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
43. Latin America Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
44. Latin America Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
45. Brazil Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
46. Brazil Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
47. Brazil Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
48. Rest of Latin America Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
49. Rest of Latin  America Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
50. Rest of Latin  America Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
51. The Middle East and Africa Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
52. The Middle East and Africa Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
53. The Middle East and Africa Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
54. Saudi Arabia Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
55. Saudi Arabia Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
56. Saudi Arabia Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
57. South Africa Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
58. South Africa Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
59. South Africa Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)
60. Rest of the Middle East & Africa Power Line Communication (PLC) Market revenue, By Application  ,2018–2028(USD Billion)
61. Rest of the Middle East & Africa Power Line Communication (PLC) Market revenue, By Offering  ,2018–2028(USD Billion)
62. Rest of the Middle East & Africa Power Line Communication (PLC) Market revenue, By Frequency  ,2018–2028(USD Billion)


 

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FrequentlyAsked Questions

Escalating utility of PLC tools in advanced metering infrastructure will embellish industry landscape. Apart from this, evolution of PLC as cost –effective solutions will translate into massive growth of power line communication (PLC) in near future. Lucrative demand for renewable energy as well as necessity of refurbishing power infrastructure will empower power line communication (PLC) industry growth during 2021-2028. Emergence of smart building concept will propel expansion of power line communication (PLC) market in ensuing years. Large-scale penetration of broadband power line communication equipment in indoor networking systems will prompt market trends.

Moreover, a plethora of uses in electric car charging, solar panel monitoring & control, lighting control, advanced metering, and indoor networking will impel expansion of power line communication (PLC) industry. With various firms operating in the industry focusing on providing new products & services for fulfilling customer demand, the market for power line communication (PLC) industry is set to gain traction in the upcoming years.

According to Zion market research report, the global Power Line Communication (PLC) market accrued earnings worth approximately 8.1(USD Billion) in 2020 and is predicted to gain revenue of about 18.3 (USD Billion) by 2028, is set to record a CAGR of nearly 9.7% over the period from 2021 to 2028.

Europe will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is subject to large-scale acceptance of PLC-technology driven products in substation communications, smart metering activities, and network expanding in countries such as Italy. Apparently, presence of reputed participants such as ABB, Iskra, Schneider Electric, Landis + Gyr, and Iskraemeco in the continent will steer regional market trends.   

The key market participants include Siemens AG, NETGEAR, Inc., ABB Limited, AMETEK, Inc., Schneider Electric SE, General Electric, Hubbell Power Systems, TP-Link Technologies, D-Link, Landis+Gyr, Belkin International, devolo AG, and Zyxel Communications Corporation.

 

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