Worldwide Power Line Communication Industry to 2026 - Featuring ABB, Belkin and Broadcom Among Others - ResearchAndMarkets.com

The "Power Line Communication Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global power line communication (PLC) market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of 11.5% during 2021-2026.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Power line communication (PLC) refers to a communication technology that is used for the transmission of data over the existing power-grid infrastructure. It acts as a reliable communication and data transmission medium for various Internet of Things (IoT) and smart grid applications. It is primarily used for powering electronic devices and to retrieve/control data through them. There are two kinds of PLC, namely narrowband and broadband. The narrowband PLC works at lower frequencies and lower data rates but has a more extended range. On the other hand, broadband PLC works at higher frequencies and higher data rates but is used in shorter-range applications.

A significant increase in the establishment of smart grids across the globe is one of the key factors driving the growth of the market. Smart grids involve the integration of renewable energy resources with the electricity supply chain through PLCs. Increasing utilization of these solutions for communicating with devices at remote locations is also providing a boost to the market growth. With the extension of the electricity distribution network, there has been a substantial increase in the adoption of PLC technology to cater to a broader geographical area. In line with this, the growing utilization of these solutions for lighting control applications in both rural and urban areas is acting as another growth-inducing factor.

PLC solutions are widely used for both indoor and outdoor lightings, such as on streets, roadways, tunnels, parking, parks and other commercial and industrial complexes. Other factors, including the increasing investments in renewable energy facilities, along with rising government investments in the deployment of smart grids, extensive research and development (R&D) in the power sector and hyper-urbanization across the globe, are projected to drive the market further.

Companies Mentioned

  • ABB
  • AMETEK Inc.
  • Belkin
  • Broadcom Inc.
  • Cypress Semiconductor
  • D-Link Corporation
  • General Electric
  • Hubbell Power Systems Inc.
  • Landis+Gyr
  • Maxim Integrated
  • Netgear
  • Schneider Electric
  • Siemens
  • TP-Link Technologies
  • Zyxel Communications

Key Questions Answered in This Report:

  • How has the global power line communication market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global power line communication market?
  • What is the breakup of the market based on the frequency?
  • What is the breakup of the market based on the voltage?
  • What is the breakup of the market based on the offering?
  • What is the breakup of the market based on the modulation technique?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global power line communication market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Power Line Communication Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Frequency

7 Market Breakup by Voltage

8 Market Breakup by Offering

9 Market Breakup by Modulation Technique

10 Market Breakup by Application

11 Market Breakup by Vertical

12 Market Breakup by Region

13 SWOT Analysis

14 Value Chain Analysis

15 Porters Five Forces Analysis

16 Price Indicators

17 Competitive Landscape

17.1 Market Structure

17.2 Key Players

17.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/2blg61