Power Line Communication Market

Global Power Line Communication Market is valued at USD 7.80 Billion in 2020 and is expected to reach USD 18.64 Billion by 2027 with a CAGR of 11.5% over the forecast period.

Global Power Line Communication Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Rising demand for PLC systems in advanced metering infrastructure, increasing demand for cost-effective installations, and upsurge in the growth of smart buildings concept are driving the growth of Global Power Line Communication Market

Scope of Global Power Line Communication Market Report–

A technology that allows power lines to be used for data communication by transferring data over existing power lines is known as power line communication (PLC). It is possible to build this system at a low cost and early stage by using a power line as a communication network. Versions of tis PLC include low-speed and high-speed, each of which uses a different communication protocol. With this PLC, it is possible to make the same device compatible with both AC and DC power supplies by changing the peripheral circuits. This PLC technology is used in transmitting radio programs, transmission line protection, utility company control switching mechanisms and automatic meter reading.

Some automotive uses of it are where voice, data, and music which are sent over a direct current (DC) battery power line with special filters for filtering out the line noise. Types of power line communication (PLC) are in-house networking, broadband over power line narrowband in-house applications and narrowband outdoor applications. The PLC idea was emerged in 1838, when a remote measurement system was projected for monitoring battery levels of sites far from a telegraph system.

The recent Covid-19 outbreak has reduced the demand for smart energy meters. For example; according to Electralink, an IT services management company in the UK, the installation of smart meters in the UK in 2020 was reduced by 27% compared to 2019. This disruption has negatively affected the market demand for PLC technology solutions and thus also affected the power line communication market.

Global Power Line Communication Market Segmentation:

The Global power line communication market is segmented on the basis on frequency, voltage, offering, application, vertical and region & country level. Based on frequency, the power line communication market is classified as narrowband and broadband. Based on voltage, the power line communication market is categorized as low, medium, and high. Based on offering, the market is categorized as hardware, software, and services. Based on application, the power line communication Market is classified as energy management and smart grid and indoor networking. Based on vertical, the power line communication market is categorized as residential, commercial, and industrial.

By Frequency:

• Narrowband (3 kHz to 500 kHz)
• Broadband (Greater Than 500 kHz)

 By Voltage:

• Low
• Medium
• High

 By Offering:

• Hardware
• Software
• Services

  By Application:

• Energy Management and Smart Grid
• Indoor Networking

 By Vertical:

• Residential
• Commercial
• Industrial

Key Players Power Line Communication Market-

Some of the key players for the global power line communication market are power line communication market report covers prominent players

• Cypress Semiconductor Corporation
• STMicroelectronics
• Texas instruments 
• maxim integrated
• Marvell
• Qualcomm Atheros 
• microchip technology 
• sigma designs
• Broadcom limited
• Echelon Corporation
• others

News-Long-distance Power Line Communications Module being Tested

On March 9^th, 2021; MIRAIT, MMD, NURI Telecom, and Socionext, currently developed by Socionext, have been tested using a next-generation long-distance power line communication LSI-equipped compact PoC system. This PoC is available for system verification in April 2021. Large-scale production of LSI will start in the financial year 2021 (April 2021 - March 2022). Companies have conducted specialized studies in the field of energy and ICT, primarily for social implementation. HD-PLC (High Definition Power Line Communication) is a technology that adheres to the international standard IEEE 1901-2020, to place communication signals on power lines, unlike normal communication networks, wired or wireless.

Furthermore, Its greatest feature is that it eliminates the need for a dedicated communication network for individual devices using power lines, and communicates between devices when the signal is integrated into the power lines. Moreover, Next-generation long-distance power line communication LSI, which is developing Socionext, now adheres to the next generation standards of high-speed power line communication and communicates industry-leading small size, low power consumption, and long-distance communication through Socionext.

Power supply technology using proprietary low power solution, high-efficiency analog, and advanced processing technology. However, digital transformation (DX) requires the establishment of a communication network, using technology such as IoT and AI to reduce labor and experience a more comfortable life through remote and automatic control of various information devices. The next generation of long-distance power line communication LSI is expected to play a role in the development of smart connected systems that offer the maximum benefits of HD-PLC.

Additionally, four companies conducted long-distance test verification using compact PoC for system verification of next-generation long-distance power line communication LSI and obtained communication verification results for distances over 1 km. It is expected to enable communication for a total distance of 10 km with a multi-hop function (*1). MIRAIT's network integration for building infrastructure, communications, MMD's solutions (energy management systems, signage, and cameras) for aquariums, museums, and other community development projects, and NURI Telecom's sensors and energy solutions are among the focus applications. The four companies will go through the certification phase for the use of next-generation long-distance power line communication LSI and provide new solutions for the ""last yard"" of communication through open innovation, thus contributing to a sustainable society.

Global Power Line Communication Market-

Several optimistic factors are contributing to the growth of the power line communication market worldwide such as rising demand for PLC systems in advanced metering infrastructure, increasing demand for cost-effective installations and upsurge in the growth of smart buildings concept, and many more. Among these, a significant upsurge in the establishment of smart grids across the world is one of the leading factors propelling market growth. Government authorities as well as various companies across the globe are making substantial investments in smart grid infrastructure. The demand for smart grids is relatively enhancing among manufacturers. The power equipment receives the highest investments out of all smart grids components globally. For instance; more than 123 billion U.S. dollars of a total of around 271 billion U.S. dollars consumed in 2019 on smart grids went towards power communication. Relatively, the investment in smart grid is augmenting across the entire region. Smart grids comprise the integration of renewable energy resources with the electricity supply chain across power line communication. Thus, growing the demand for smart grid infrastructure through the power industry is intensively responsible to propel the market growth.

Additionally, the utilization of power line communication technology for communication is not only economical but also allows wide coverage. Given the wide availability of power lines, almost all the equipment receiving power through these power lines can be controlled and monitored using power line communication technology. The fact that power line communication technology uses existing power distribution networks for communication is especially useful for communicating with devices that are in remote areas where communication infrastructure is not available. One such example is communication with substations in remote areas with inadequate transport infrastructure. The expansion of each power distribution network expands the power line communication network, enabling wider geographical network coverage. As a result, enabling wide coverage by using the existing electricity distribution network is driving the growth of the power line communication market.

However, high noise generation on power lines restraining the data transmission quality, may hinder the market growth worldwide. Despite this, the usage of power line communication technology for lighting control applications is creating ample opportunities for the further growth of the market.

Europe is Expected to Show a Significant Growth in the Global Power Line Communication Market

Europe is expected to dominate the power line communication market due to the growth of the concept of smart buildings and the inclusion of renewable energy and the restructuring of electric infrastructure in this region. Smart buildings use information and communication technology (ICT) to enable automated building operations and control. They can increase the comfort and productivity of the occupants by using less energy than the traditional building. Traditional buildings have systems that operate independently, while smart buildings use ICT to combine building systems to optimize operations and overall-building performance. In addition, the growing use of smart homes and home automation solutions across Europe area also set to support the expansion of the industry. For example; according to environmental experts, there are approximately 15 million smart homes in the UK and around 65% of people will spend more on smart homes.

In addition, the power line communication system offers all the advantages of high speed data communication, including the security of fiber-optic cable and wireless communication methods. Communication is every device connected to the network on the power line. PLC can also control the active and inactive distribution lines. Furthermore, renewable energy incorporation and restructuring of electric infrastructure is another major factor driving the PLC market in this region. Smart energy is the process of using equipment for energy efficiency. The rising adoption of smart energy solutions is also supplementing market growth in this region. For example; solar energy contributes 28% to the UK's total renewable energy production, which is dominated by wind energy.

The North American power line communication market is also expected to witness significant growth in the global power line communication market due to increasing demand for power support systems and increasing broadband penetration in the region. For example; according to the International Telecommunication Union (ITU), fixed broadband subscriptions in the US reached 105.82 million by 2020. The growing demand for technological advancement and the rapid proliferation of IoT devices is contributing significant industry revenue to the energy industry in this area.

By Regional & Country Analysis:

The regions covered in the power line communication market report are North America, Europe, Asia-Pacific, and the Rest of the World. Based on country level, the market of power line communication is subdivided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

North America
• U.S.
• Canada

Europe
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific
• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America
• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2015 - 2020
Forecast Period	2021 - 2027
Market Size in 2020:	USD 210.7 Million
Base year considered	2020
Forecast Period CAGR %:	3.8%
Market Size Expected in 2027:	USD 250.6 Million
Tables, Charts & Figures:	175
Pages	200
Power Line Communication Companies	Cypress Semiconductor Corporation, STMicroelectronics, Texas instruments. maxim integrated, Marvell, Qualcomm Atheros, microchip technology, sigma designs, Broadcom limited, Echelon Corporation, others
Segments Covered	By Frequency, By Voltage, By Offering, By Application, By Vertical
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits of Global Power Line Communication Market Report–

• Global Power Line Communication report covers in-depth historical and forecasts analysis.
• Global Power Line Communication Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Power Line Communication Companies, Market opportunities, Competitive Analysis, Regional and Country levels.
• Global Power Line Communication report helps to identify opportunities in the marketplace.
• Global Power Line Communication Market report covers extensive analysis of emerging trends and competitive landscape

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