Power Line Communication Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Power Line Communication Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • Transparency Market Research
  • Ongoing
  • ICT

Report Description

Power Line Communication (PLC) is an emerging communication technology which enables data exchange over existing power cables. It uses power grids to communicate between two end-points. PLC technology allow users to control or retrieve data in a half-duplex manner. Furthermore, in this communication method, sender modulates the data, and injects in power cables which can be retrieved by de-modulation at the receiving end. PLC technology is widely used for home automation purpose, where household electric power wirings are used as a communication medium for remote control of lighting, appliances, sensors, and alarm systems in a house. This feature of PLC makes it suitable for home network (HAN), and near-me area network (NAN). In addition, PLC systems operate in different frequency bands and provide different data transmission rates. PLC technology is widely used in smart grid communication applications. In addition, the application of this technology also includes internet access, home networking, and radio transmission. Furthermore, this technology also integrates with alternative current (AC), direct current (DC), and broadband among others. Companies are often inclined towards AC-PLC solutions however, DC-PLC solutions are widely used in distribution energy generation, automobiles, and transportation. Narrowband PLC, a type of PLC is widely used for applications such as smart grid, micro-inverters, and solar panels. However, broadband PLC applications are often used for last mile solutions such as video surveillance. 

PLC reduces the requirement of additional communication paths as it uses existing wiring network. It helps to reduce the cost of installation as compared to other communication systems. In addition, PLC technology provides data transmission at high rates. All these factors are expected to drive the PLC market over the forecast period. However, PLC technology works with medium and low voltage power lines due to high rates of data attenuation. Furthermore, electric noise generation is a major concern, and affects the performance of PLC. In addition, various standards for the use of PLC, and legal restrictions on frequency bands limit data rates acting as a restraint to its large scale adoption. The wide use of PLC technology for both in-house applications, and last mile applications in various industries are expected to provide significant growth opportunities to the PLC market.

The PLC Market can be segmented by component, type, solution, application, and geography. By component, the PLC market is segmented into hardware, and services. By type, the PLC market is segmented into narrowband PLC, and Broadband PLC. Based on solution, the PLC market is segmented into PLC over AC lines, and PLC over DC lines. By application, the PLC market is segmented into industrial, lighting, transport, residential, and others. On the basis of geography, the PLC market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Among these regions, North America and Europe has seen significant growth in the PLC market due to increased demand for automation in multiple industries. However, the European region has certain regulations and standards on the frequency use of PLC. Similarly, in North America, 0 – 500 KHz and part of 2 to 30 kHz unlicensed spectrum is used for PLC technology. Asia-Pacific, and Middle East and Africa is anticipated to see large scale adoption of PLC technology due to increasing technological advancements, and significant improvement in the adoption of PLC across multiple applications.

The major players in the global PLC market include Maxim Integrated, Inc., Cypress Semiconductor Corporation, Atmel Corporation, Echelon Corporation, Enverv, Inc., Semtech Corporation, Sigma Designs, Inc., Rational Network, Setel Limited, Marvell International Ltd., Semitech Semiconductor, PLC International, and Xemex NV.

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. 

The study is a source of reliable data on:

  • Key market segments and sub-segments
  • Evolving market trends and dynamics
  • Changing supply and demand scenarios
  • Quantifying market opportunities through market sizing and market forecasting
  • Tracking current trends/opportunities/challenges
  • Competitive insights
  • Opportunity mapping in terms of technological breakthroughs 

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa) 

TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market. 

TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place.  All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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