The global power line communication (PLC) market is expected to grow at a significant CAGR during the forecast period. PLC is a new communication technology that allows data to be transferred over existing power lines. It communicates between two end-points using power grids. Users can control or retrieve data in half-duplex mode using PLC technology. Furthermore, in this communication method, the sender modulates the data and injects it into power connections, which can be recovered at the receiving end using de-modulation. Household electric power wirings are utilized as a communication medium for remote control of lighting, appliances, sensors, and alarm systems in a house, and PLC technology is commonly employed for this purpose.
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The properties of PLC qualify it for use in home networks (HAN) and near-me area networks (NAN). Furthermore, PLC systems work in a variety of frequency bands and offer varying data transfer rates. PLC technology is commonly used in smart grid communication applications. In addition, internet access, home networking, and radio broadcast are also some applications of PLC technology. This technology also works with other technologies such as alternate current (AC), direct current (DC), and broadband. AC-PLC solutions are frequently preferred by businesses; however, DC-PLC solutions are commonly employed in distributed energy generation, vehicles, and transportation. Narrowband PLC is a form of PLC that is frequently utilized in smart grids, micro-inverters, and solar panels applications. Broadband PLC applications, on the other hand, are frequently employed for last-mile solutions such as video monitoring. PLC eliminates the need for extra communication routes by utilizing the current wire network. When compared to alternative communication systems, it supports cutting installation costs. Furthermore, PLC technology allows for high-speed data exchange. Over the projected period, all of these factors are expected to boost the global PLC market.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By End-User
- Competitive Landscape: Siemens AG, ABB Ltd., and Schneider Electric SE, among others.
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Power Line Communication (PLC) Market Report Segmentation
By Component
- Narrowband PLC
- Broadband PLC
By End-User
- Residential
- Commercial
- Industrial
Power Line Communication (PLC) Market Segmentation by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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