Global Power Line Communication (Plc) Systems Market Expected to Reach 11200 million US$ by 2025
Sep 17, 2018
In 2017, the global Power Line Communication (Plc) Systems market size was 4700 million US$ and it is expected to reach 11200 million US$ by the end of 2025, with a CAGR of 11.5% during 2018-2025.
Los Angeles, United States - September 17, 2018 /MarketersMedia/ —
This report focuses on the global Power Line Communication (Plc) Systems status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Power Line Communication (Plc) Systems development in United States, Europe and China.
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.
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.
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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 customers’ 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.
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The key players covered in this study
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 Type, the product can be split into
Narrowband PLC
Broadband PLC
Market segment by Application, split into
Commercial
Residential
Smart Grid
Automotive
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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Source: MarketersMedia
Release ID: 408240
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