Global Power Line Communication Market
Global Power line communication was valued at USD 7.3 billion in 2021 and it is expected to reach at USD 29 billion by 2027, at a CAGR 14.8% from 2022-2027.
Power line communications is a communication technology which allows transfer of data over existing power cables. Using the power line as a communication medium is also a cost-effective medium as compared to other methods because it uses an existing infrastructure, and wires subsist to every household connected to the power line network. The potential implementation of Power Line Communication, with the main emphasis on Internet access, is being adopted in various European & Asian countries as well as in the United States.
Market Drivers
Growing popularity of advanced metering infrastructure networks has resulted in a seismic shift of grid operators towards the installation of smart meters worldwide. With the burgeoning demand for home automation solutions to control in-house parameters, power line communication devices are anticipated to gain widespread adoption to connect smart meters.
Also, enabling wide coverage by using the existing electricity distribution network will positively influence the market growth over the forecast period. The fact that the power line communication technology uses the existing electricity distribution network for communication makes it especially useful for communication with devices, which are located in remote areas where no communication infrastructure is available. One of such examples is communication with substations located in remote areas with inadequate communication infrastructure. Extension of each electricity distribution network results in the extension of power line communication network, thereby enabling a wider network coverage.
Market Restraints
High noise generation on power lines mat hamper the growth of global power line communication market throughout the forecast period. Previously, the power lines were used for energy distribution & not for data transmission. The harsh environment of the power lines can negatively impact the quality of data being transmitted. Noise is one of the main restraining factors, which impacts the performance of the communication systems over power lines.
Market Segmentation
The Global Power Line Communication Market is segmented into offerings such as Hardware, Software, and Service. Also, the market is segmented into frequency such as Narrowband, Broadband. By application, market is segmented into Networking, Smart Grid, Long Haul. By industry vertical, market is segmented into Commercial, Residential, and Industrial.
Regional Analysis
The Global Power Line Communication Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Europe is expected to hold the largest market size in the power line communication market over the forecast period, followed by the Asia Pacific region. Europe held the largest share of the market & Italy is one of the major contributors. The dominant position of Europe in the market can be attributed to the high adoption of power line communication technology-based products for the advanced metering, substation communication & network expansion applications.
Key Players
Prominent players listed in the report including, ABB, Siemens, Devolo, Iskra, Landis+Gyr, Iskraemeco, Schneider Electric, D-Link Corporation, General Electric Company in the global power line communication market are based in this region, contributing to the market growth.
Market Taxonomy
By Offerings
By Frequency
By Application
By Industry Vertical
By Region
Global Power Line Communication Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Power Line Communication Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Power Line Communication Market, By Offerings
5.1 Y-o-Y Growth Comparison, By Offerings
5.2 Global Power Line Communication Market Share Analysis, By Offerings
5.3 Global Power Line Communication Market Size and Forecast, By Offerings
5.3.1 Hardware
5.3.2 Software
5.3.3. Services
6 Global Power Line Communication Market, By Frequency
6.1 Y-o-Y Growth Comparison, By Frequency
6.2 Global Power Line Communication Market Share Analysis, By Frequency
6.3 Global Power Line Communication Market Size and Forecast, By Frequency
6.3.1 Narrowband
6.3.2. Broadband
7 Global Power Line Communication Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Power Line Communication Market Share Analysis, By Application
7.3 Global Power Line Communication Market Size and Forecast, By Application
7.3.1 Networking
7.3.2 Smart Grid
7.3.3. Long Haul
8 Global Power Line Communication Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Power Line Communication Market Share Analysis, By End User
8.3 Global Power Line Communication Market Size and Forecast, By End User
8.3.1. Commercial
8.3.2 Residential
8.3.3 Industrial
9 Global Power Line Communication Market, By Region
9.1 Global Power Line Communication Market Share Analysis, By Region
9.2 Global Power Line Communication Market Share Analysis, By Region
9.3 Global Power Line Communication Market Size and Forecast, By Region
10 North America Power Line Communication Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Power Line Communication Product Market Share Analysis, By Offerings
10.3 North America Power Line Communication Product Market Size and Forecast, By Frequency
10.4 North America Power Line Communication Product Market Size and Forecast, By Application
10.5 North America Power Line Communication Product Market Size and Forecast, By End User
10.6 North America Power Line Communication Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Power Line Communication Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Power Line Communication Product Market Share Analysis, By Offerings
11.3 Europe Power Line Communication Product Market Size and Forecast, By Frequency
11.4 Europe Power Line Communication Product Market Size and Forecast, By Application
11.5 Europe Power Line Communication Product Market Size and Forecast, By End User
11.6 Europe Power Line Communication Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12 Asia Pacific Power Line Communication Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Power Line Communication Product Market Share Analysis, By Offerings
12.3 Asia Pacific Power Line Communication Product Market Size and Forecast, By Frequency
12.4 Asia Pacific Power Line Communication Product Market Size and Forecast, By Application
12.5 Asia Pacific Power Line Communication Product Market Size and Forecast, By End User
12.6 Asia Pacific Power Line Communication Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Power Line Communication Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Power Line Communication Product Market Share Analysis, By Offerings
13.3 Latin America Power Line Communication Product Market Size and Forecast, By Frequency
13.4 Latin America Power Line Communication Product Market Size and Forecast, By Application
13.5 Latin America Power Line Communication Product Market Size and Forecast, By End User
13.6 Latin America Power Line Communication Product Market Size and Forecast, By Country
13.6.2. Rest of Latin America
14 Middle East Power Line Communication Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Power Line Communication Product Market Share Analysis, By Offerings
14.3 Middle East Power Line Communication Product Market Size and Forecast, By Frequency
14.4 Middle East Power Line Communication Product Market Size and Forecast, By Application
14.5 Middle East Power Line Communication Product Market Size and Forecast, By End User
14.6 Middle East Power Line Communication Product Market Size and Forecast, By Country
14.6.2. UAE
14.6.3. Egypt
14.6.4 Kuwait
14.6.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 ABB
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Siemens
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Devolo AG
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Iskra
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Landis+Gyr
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Iskraemeco
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Schneider Electric
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 D-Link Corporation
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 General Electric Company
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
