This report studies the 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.
Scope of the Report:The global Power Line Communication (Plc) Systems revenue was $ 5062.35 million in 2017 and is expected to reach $ 12175.63 million in 2025, growing at a CAGR of 11.59 % from 2017 to 2025. Europe `s production revenue accounted for the highest market share (32.53%) in 2017, followed by North America and China. Europe is expected to maintain its leading position for the next several years owing to the increasing global downstream demand for Power Line Communication (Plc) Systems.
The Power Line Communication (Plc) Systems are mainly used by Residential, Commercial, Smart Grid and Automotive applications. The dominated application is Smart Grid which accounts for about 42.04 % sales market share in 2017.
Despite the presence of competition problems, due to the global recovery trend is clear, the rising disposable income and customersÕ expectations for high efficiency and safety of transportation, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.
The global Power Line Communication (Plc) Systems market is valued at 4700 million USD in 2018 and is expected to reach 7960 million USD by the end of 2026, growing at a CAGR of 9.2% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Power Line Communication (Plc) Systems.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
This report studies the Power Line Communication (Plc) Systems market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Power Line Communication (Plc) Systems market by product type and applications/end industries.
Market Segment by Companies, this report covers ABB
General Electric
Siemens
AMETEK
Texas Instruments
Maxim Integrated
Devolo
Cypress Semiconductor
ST Microelectronics
Panasonic
Microchip
Qualcomm Atheros
TP-Link Technologies
NETGEAR
NXP Semiconductor NV
Sigma Designs
Zyxel Communications
Renesas Electronics Corporation
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Narrowband PLC
Broadband PLC
Market Segment by Applications, can be divided into Commercial
Residential
Smart Grid
Automotive
Other
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.