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Market Analysis and Insights: Global Power Line Communication (PLC) Systems 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) Systems market size is projected to reach US$ 14650 million by 2028, from US$ 7178 million in 2021, at a CAGR of 10.6% during 2022-2028.
Global Power Line Communication (PLC) Systems key players include ABB, General Electric, Siemens, AMETEK, etc. Global top four manufacturers hold a share over 15%.
Europe is the largest market, with a share over 30%, followed by North America and China, both have a share about 43 percent.
In terms of product, Broadband PLC is the largest segment, with a share over 60%. And in terms of application, the largest application is Smart Grid, followed by Residential, Commercialetc, Automotive, etc.
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) Systems 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) Systems market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Power Line Communication (PLC) Systems market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Power Line Communication (PLC) Systems market.
Global Power Line Communication (PLC) Systems Scope and Market Size
Power Line Communication (PLC) Systems market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Power Line Communication (PLC) Systems 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
Commercial
Residential
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
Maxim Integrated
Devolo
Cypress Semiconductor
Microchip
ST Microelectronics
Panasonic
AMETEK
NETGEAR
Qualcomm Atheros
TP-Link Technologies
Texas Instruments
Zyxel Communications
NXP Semiconductor NV
Renesas Electronics Corporation
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) Systems market size is projected to reach US$ 14650 million by 2028, from US$ 7178 million in 2021, at a CAGR of 10.6% during 2022-2028.
Global Power Line Communication (PLC) Systems key players include ABB, General Electric, Siemens, AMETEK, etc. Global top four manufacturers hold a share over 15%.
Europe is the largest market, with a share over 30%, followed by North America and China, both have a share about 43 percent.
In terms of product, Broadband PLC is the largest segment, with a share over 60%. And in terms of application, the largest application is Smart Grid, followed by Residential, Commercialetc, Automotive, etc.
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) Systems 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) Systems market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Power Line Communication (PLC) Systems market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Power Line Communication (PLC) Systems market.
Global Power Line Communication (PLC) Systems Scope and Market Size
Power Line Communication (PLC) Systems market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Power Line Communication (PLC) Systems 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
Commercial
Residential
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
Maxim Integrated
Devolo
Cypress Semiconductor
Microchip
ST Microelectronics
Panasonic
AMETEK
NETGEAR
Qualcomm Atheros
TP-Link Technologies
Texas Instruments
Zyxel Communications
NXP Semiconductor NV
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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