Power Line Communication Market is expected to grow from USD 4.52 Billion in 2017 to USD 10.12 Billion by 2026, at a CAGR of 9.38% between 2017 and 2026. (Detailed analysis of the market CAGR is provided in the report)
Powerline communication technology uses electrical wiring to simultaneously carry both data and electric power. It enables data exchange over existing power cables. Powerline communication is used in both residential as well as commercial applications to enable power management and reduce power leakage. It makes use of power grids for communication between two nodes. Powerline communication has several numbers of advantages such as high efficiency, low system complexity, and reduced system maintenance. PLC allows users to transmit, receive, and control data in a half-duplex manner.
Power line cimmunication marketRising demand for higher efficiency, faster data transfer rate, increasing demand for broadband power line communication devices are the key factors driving the power line communication market growth. Additionally, the growing demand for smart grids coupled with a wide use of power line communications is also one of the major factors driving the market growth.
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Further key findings from the report:
• From the frequency segment, narrowband segment held the largest share of power line communication market in 2016 owing to increased demand for narrowband power line communications technology-based products from smart grid and energy management application
• Among the vertical segment market for commercial vertical is expected to witness high growth during the forecast period. The growth can be attributed to increasing penetration of power line communication technology-based products for building automation, especially for lighting control application
• In 2016, Europe held the largest share of power line communication market and is expected to grow at significant high CAGR during the forecast period. Advanced metering application accounted for the large share in the growth of PLC market owing to initiatives taken by the government in this region
• Energy management and smart grid application accounted for the largest share of power line communication market. Advanced metering and substation communication held a significant share of these two applications
Key Highlights:
• Analyzes competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Power Line Communication Market
• The objective of the report is to provide a detailed analysis of the Power Line Communication Market on the basis of offering, frequency, application, vertical, modulation technique, and geography
• Complete quantitative analysis of the industry from 2017 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
• Analysis of the Power Line Communication Market with respect to individual growth trends, prospects, and contribution to the total market
• Segment wise business performance detailed in the report will be worthwhile for the organizations willing to enhance its business
• Provides detailed information regarding the major factors influencing the growth of the Power Line Communication Market (drivers, restraints, opportunities, and challenges)
• This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business
Years that have been considered for the study are as follows:
• Base Year – 2016
• Estimated Year – 2017
• Forecast Period – 2017 to 2026
For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered
Research Methodology:
Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Power Line Communication Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Power Line Communication Market globally.
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Key Players in the Power Line Communication Market Are:
• Siemens
• ABB
• General Electric
• Schneider Electric
• Ametek
• Netgear
• Tp-Link Technologies
• D-Link
• Hubbell Power Systems
• Landis+Gyr
• Belkin International
• Zyxel Communications
• NYX Hemera Technologies
• Lumenpulse
• Devolo
• Corinex Communications
• Netcomm Wireless
• Billion Electric
• Extollo Communications
Key Target Audience:
• Power line communication product traders/suppliers
• Raw material suppliers and distributors
• Power line communication technology-based product manufacturers
• End-users/enterprise-users
• Research institutes and organizations
• Government bodies, venture capitalists, and private equity firms
• Market research and consulting firms
• Enterprise data center professionals
The scope of the Power Line Communication Market:
Research report categorizes the Power Line Communication Market based on offering, frequency, application, vertical, modulation technique and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Power Line Communication Market with key developments in companies and market trends.
Power Line Communication Market, By Offering:
• Hardware
• Software
• Services
Power Line Communication Market, By Frequency:
• Narrowband (3 kHz to 500 kHz)
• Broadband (Greater Than 500 kHz)
Power Line Communication Market, By Application:
• Energy Management and Smart Grid
• Indoor Networking
Power Line Communication Market, by Vertical:
• Industrial
• Commercial
• Residential
Power Line Communication Market, By Modulation Technique:
• Single Carrier Modulation
• Multi Carrier Modulation
• Spread Spectrum Modulation
Power Line Communication Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
MAJOR TOC OF THE REPORT
Chapter One: Power Line Communication Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Power Line Communication Market Competition, by Players
Chapter Four: Global Power Line Communication Market Size by Regions
Chapter Five: North America Power Line Communication Revenue by Countries
Chapter Six: Europe Power Line Communication Revenue by Countries
Chapter Seven: Asia-Pacific Power Line Communication Revenue by Countries
Chapter Eight: South America Power Line Communication Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Power Line Communication by Countries
Chapter Ten: Global Power Line Communication Market Segment by Type
Chapter Eleven: Global Power Line Communication Market Segment by Application
Chapter Twelve: Global Power Line Communication Market Size Forecast (2019-2026)
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