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.
Market Analysis and Insights: Global and United States Power Line Communication (PLC) Market
This report focuses on global and United States Power Line Communication (PLC) market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Power Line Communication (PLC) market size is estimated to be worth US$ 5646.1 million in 2022 and is forecast to a readjusted size of US$ 10910 million by 2028 with a CAGR of 11.6% during the review period. Fully considering the economic change by this health crisis, by Type, Narrowband PLC accounting for % of the Power Line Communication (PLC) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Residential was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Power Line Communication (PLC) Scope and Market Size
Power Line Communication (PLC) market is segmented by region (country), players, 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 region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Power Line Communication (PLC) market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Narrowband PLC
Broadband PLC
Segment by Application
Residential
Commercial
Smart Grid
Automotive
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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
Market Analysis and Insights: Global and United States Power Line Communication (PLC) Market
This report focuses on global and United States Power Line Communication (PLC) market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Power Line Communication (PLC) market size is estimated to be worth US$ 5646.1 million in 2022 and is forecast to a readjusted size of US$ 10910 million by 2028 with a CAGR of 11.6% during the review period. Fully considering the economic change by this health crisis, by Type, Narrowband PLC accounting for % of the Power Line Communication (PLC) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Residential was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Power Line Communication (PLC) Scope and Market Size
Power Line Communication (PLC) market is segmented by region (country), players, 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 region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Power Line Communication (PLC) market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Narrowband PLC
Broadband PLC
Segment by Application
Residential
Commercial
Smart Grid
Automotive
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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