Global Power Line Communication (PLC) Systems Market Growth (Status and Outlook) 2023-2029

Global Power Line Communication (PLC) Systems Market Growth (Status and Outlook) 2023-2029

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.
LPI (LP Information)' newest research report, the “Power Line Communication (PLC) Systems Industry Forecast” looks at past sales and reviews total world Power Line Communication (PLC) Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Power Line Communication (PLC) Systems sales for 2023 through 2029. With Power Line Communication (PLC) Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Line Communication (PLC) Systems industry.
This Insight Report provides a comprehensive analysis of the global Power Line Communication (PLC) Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Line Communication (PLC) Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Line Communication (PLC) Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Line Communication (PLC) Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Line Communication (PLC) Systems.
The global Power Line Communication (PLC) Systems market size is projected to grow from US$ 7021.9 million in 2022 to US$ 14570 million in 2029; it is expected to grow at a CAGR of 11.0% from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Line Communication (PLC) Systems market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Narrowband PLC
Broadband PLC
Segmentation by application
Commercial
Residential
Smart Grid
Automotive
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.