- Hardware
- Software
- Services
Power Line Communication (PLC) Market was valued at USD 9.2 billion in 2023 and is poised to grow at a significant CAGR of 13% over 2024-2030. The market refers to the use of existing power lines for data transmission and communication purposes. PLC technology enables the transmission of data, voice, and video signals over the existing electrical infrastructure, eliminating the need for dedicated communication cables. It is widely used in applications such as smart grid management, home automation, street lighting control, and industrial automation. The power line communication market driver fueling the growth of the market and increasing demand for smart grid infrastructure. Smart grid systems require efficient and reliable communication networks to monitor and control power distribution. PLC technology provides a cost-effective solution by utilizing the existing power lines for communication, enabling real-time data transfer, and improving grid reliability and efficiency.
Moreover, the opportunity in the PLC market lies in the growing demand for home automation systems. PLC technology enables the integration and control of various smart devices within homes, such as lighting, heating, ventilation, air conditioning (HVAC), security systems, and appliances. By leveraging PLC, homeowners can achieve seamless connectivity and control over their devices, enhancing convenience, energy efficiency, and overall home management. Moreover, PLC technology offers advantages such as wide coverage, scalability, and cost-effectiveness compared to alternative communication methods like wireless or dedicated cabling. It eliminates the need for additional infrastructure deployment, reducing installation costs and complexities. However, challenges such as signal attenuation, interference, and compatibility issues with different power grids can pose obstacles to the widespread adoption of PLC technology. Nevertheless, ongoing advancements in PLC standards, such as G.hn and IEEE P1901, are addressing these challenges and expected to drive the market. The power line communication market demand for smart grid infrastructure and presents an opportunity in the growing home automation sector. With its ability to leverage existing power lines for data communication, PLC technology offers cost-effective solutions for various applications, while ongoing advancements aim to overcome existing challenges and further propel of power line communication market growth.
Power Line Communication (PLC) Market Key Developments:
- In January 2023, ABB and Siemens announced a collaboration to develop and commercialize a new PLC standard for smart grids. The new standard, called G3-PLC, is designed to improve the performance and reliability of smart grid networks.
- In February 2023, D-Link announced the launch of its new PLC-205, a home automation PLC that allows users to control devices in their home using their smartphone or tablet.
Power Line Communication Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
13%
Largest Market
Asia Pacific
Fastest Growing Market
Asia Pacific
Power Line Communication (PLC) Market Dynamics
One of the drifting factors in the global power line communication (PLC) market is the increasing demand for smart grid infrastructure. With the growing need for efficient and reliable management of power distribution, smart grid systems require robust communication networks. PLC technology provides a cost-effective solution by utilizing the existing power lines for data transmission and control. It enables real-time monitoring, remote management, and efficient grid optimization. The demand for smart grid infrastructure is driven by factors such as the need for energy conservation, renewable energy integration, and improved grid reliability.
Asia-Pacific Got Significant Share Of
Power Line Communication (PLC) Market Regional Analysis
Asia Pacific dominates the global power line communication (PLC) market with a high market share due to owing to rapid industrialization in China, India, Singapore, and other prominent countries. Governments are introducing supportive policies and initiatives to drive the adoption of industrial automation solutions, enabling the APAC region to emerge as a lucrative revenue pocket for power line communication (PLC) technology providers.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Power Line Communication Market Segmentation
By Offering
By Frequency
- Narrowband (3 kHz to 500 kHz)
- Broadband (Greater than 500 kHz)
By Application
- Energy Management and Smart Grid
- Indoor Networking
By Solution
- PLC over AC Lines
- PLC over DC Lines
By Vertical
- Residential
- Commercial
- Industrial
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
PLC is a technology that uses existing power lines for data transmission and communication purposes.
Advantages include utilizing existing infrastructure, cost-effectiveness, wide coverage, scalability, reliability, and security.
The future of the PLC market looks promising, driven by the increasing demand for smart grid infrastructure, growing adoption of home automation systems, and advancements in PLC standards and technologies.
| 1.Executive Summary |
| 2.Global Power Line Communication Market Introduction |
| 2.1.Global Power Line Communication Market - Taxonomy |
| 2.2.Global Power Line Communication Market - Definitions |
| 2.2.1.Offering |
| 2.2.2.Frequency |
| 2.2.3.Application |
| 2.2.4.Solution |
| 2.2.5.Verticals |
| 2.2.6.Region |
| 3.Global Power Line Communication Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Power Line Communication Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Power Line Communication Market By Offering, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Hardware |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Software |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Services |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Power Line Communication Market By Frequency, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Narrowband (3 kHz to 500 kHz) |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Broadband (Greater than 500 kHz) |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Power Line Communication Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Energy Management and Smart Grid |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Indoor Networking |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8.Global Power Line Communication Market By Solution, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. PLC over AC Lines |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. PLC over DC Lines |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 9.Global Power Line Communication Market By Vertical, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Residential |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Commercial |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.2. Industrial |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 10.Global Power Line Communication Market By Region, 20110 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. North America |
| 10.1.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 10.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 10.1.3. Market Opportunity Analysis |
| 10.2. Europe |
| 10.2.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 10.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 10.2.3. Market Opportunity Analysis |
| 10.3. Asia Pacific (APAC) |
| 10.3.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 10.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 10.3.3. Market Opportunity Analysis |
| 10.4. Middle East and Africa (MEA) |
| 10.4.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 10.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 10.4.3. Market Opportunity Analysis |
| 10.5. Latin America |
| 10.5.1. Market Analysis, 20110 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 10.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 10.5.3. Market Opportunity Analysis |
| 11.North America Power Line Communication Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Offering Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Hardware |
| 11.1.2.Software |
| 11.1.3.Services |
| 11.2. Frequency Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Narrowband (3 kHz to 500 kHz) |
| 11.2.2.Broadband (Greater than 500 kHz) |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Energy Management and Smart Grid |
| 11.3.2.Indoor Networking |
| 11.4. Solution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.PLC over AC Lines |
| 11.4.2.PLC over DC Lines |
| 11.5. Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Residential |
| 11.5.2.Commercial |
| 11.5.3.Industrial |
| 11.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.6.1.United States of America (USA) |
| 11.6.2.Canada |
| 12.Europe Power Line Communication Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Offering Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Hardware |
| 12.1.2.Software |
| 12.1.3.Services |
| 12.2. Frequency Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Narrowband (3 kHz to 500 kHz) |
| 12.2.2.Broadband (Greater than 500 kHz) |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Energy Management and Smart Grid |
| 12.3.2.Indoor Networking |
| 12.4. Solution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.PLC over AC Lines |
| 12.4.2.PLC over DC Lines |
| 12.5. Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.Residential |
| 12.5.2.Commercial |
| 12.5.3.Industrial |
| 12.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.6.1.Germany |
| 12.6.2.France |
| 12.6.3.Italy |
| 12.6.4.United Kingdom (UK) |
| 12.6.5.Spain |
| 13.Asia Pacific (APAC) Power Line Communication Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Offering Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Hardware |
| 13.1.2.Software |
| 13.1.3.Services |
| 13.2. Frequency Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Narrowband (3 kHz to 500 kHz) |
| 13.2.2.Broadband (Greater than 500 kHz) |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Energy Management and Smart Grid |
| 13.3.2.Indoor Networking |
| 13.4. Solution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.PLC over AC Lines |
| 13.4.2.PLC over DC Lines |
| 13.5. Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.Residential |
| 13.5.2.Commercial |
| 13.5.3.Industrial |
| 13.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.6.1.China |
| 13.6.2.India |
| 13.6.3.Australia and New Zealand (ANZ) |
| 13.6.4.Japan |
| 13.6.5.Rest of APAC |
| 14.Middle East and Africa (MEA) Power Line Communication Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Offering Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Hardware |
| 14.1.2.Software |
| 14.1.3.Services |
| 14.2. Frequency Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Narrowband (3 kHz to 500 kHz) |
| 14.2.2.Broadband (Greater than 500 kHz) |
| 14.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Energy Management and Smart Grid |
| 14.3.2.Indoor Networking |
| 14.4. Solution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.PLC over AC Lines |
| 14.4.2.PLC over DC Lines |
| 14.5. Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Residential |
| 14.5.2.Commercial |
| 14.5.3.Industrial |
| 14.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.6.1.GCC Countries |
| 14.6.2.South Africa |
| 14.6.3.Rest of MEA |
| 15.Latin America Power Line Communication Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 15.1. Offering Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.1.1.Hardware |
| 15.1.2.Software |
| 15.1.3.Services |
| 15.2. Frequency Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.2.1.Narrowband (3 kHz to 500 kHz) |
| 15.2.2.Broadband (Greater than 500 kHz) |
| 15.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.3.1.Energy Management and Smart Grid |
| 15.3.2.Indoor Networking |
| 15.4. Solution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.4.1.PLC over AC Lines |
| 15.4.2.PLC over DC Lines |
| 15.5. Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.5.1.Residential |
| 15.5.2.Commercial |
| 15.5.3.Industrial |
| 15.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 15.6.1.Brazil |
| 15.6.2.Mexico |
| 15.6.3.Rest of LA |
| 16. Competition Landscape |
| 16.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 16.2.1.Cypress Semiconductor |
| 16.2.2.ST Microelectronics |
| 16.2.3.Texas Instruments |
| 16.2.4.Maxim Integrated |
| 16.2.5.Marvell |
| 16.2.6.Qualcomm Atheros |
| 16.2.7.Microchip |
| 16.2.8.Sigma Designs, Inc. |
| 16.2.9.Broadcom Corporation |
| 16.2.10.Echelon Corporation. |
| 17. Research Methodology |
| 18. Appendix and Abbreviations |
- Cypress Semiconductor
- ST Microelectronics
- Texas Instruments
- Maxim Integrated
- Marvell
- Qualcomm Atheros
- Microchip
- Sigma Designs, Inc.
- Broadcom Corporation
- Echelon Corporation.