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Power Line Communication Market by Offering, Frequency, Application, Vertical And Geography - Global Forecast to 2023

Power Line Communication Market: Global Forecast until 2023

  • December 2017
  • 161 pages
  • ID: 5256391
In this report:
APAC accounted for a share of ##.##% of the overall power line communication market in 2016 and is expected to grow at a CAGR of ##.##% during the forecast period.
In 2016, the US held a share of ##.##% of the power line communication market in North America and is expected to witness a CAGR of ##.##% during the forecast period.

Summary

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Strong demand from industrial vertical fueling increase of power line communication market

The power line communication market is anticipated to rise at a compound annual growth rate (CAGR) of ~9.5 percent between 2017 and 2023, to attain ~$9.4B by 2023 from ~$5.5B in 2017. The large demand for power line communication technology-based products from the industrial vertical, especially for the substation communication application, is one of the main factors fueling the gain of the said market. On the other hand, one of the main factors restraining the increase of this market is the high noise generation on power lines limiting the data transmission quality of power line communication devices

Indoor networking application anticipated to witness significant rise during projection period

The power line communication market for the indoor networking application is anticipated to witness a significant increase during the outlook period. The said market is primarily being driven by the high adoption of power line adapters for the network expansion application, especially in the residential vertical

Energy management and smart grid application forecasted to grow at topmost cagr during forecast horizon

The power line communication market for the energy management and smart grid application is anticipated to witness a significant rise during the estimate period. The growing penetration of power line technology in the vehicle communication and electric vehicle charging application is one of the leading factors driving the increase of the power line communication market for the energy management and smart grid application. The SAE combo charging system standard compatible electric vehicle charging station is gaining popularity, especially in the Americas and EU. Power line communication technology is used in the CCS standard compatible electric vehicle charging station for communication. This factor is anticipated to fuel the rise of the power line communication market for the electric vehicle charging application

APAC to witness significant increase during projection period

The power line communication market in Asia-Pacific is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period. China (CN), Japan (JP), and South Korea (KR) are some of the main countries driving the increase of the said market in this area. The large demand for power line communication technology-based products from the industrial and residential verticals in these countries is one of the main factors fueling the rise of the said market.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with main officials in the power line communication market. Following is the breakup of the profiles of primary members taking part for the market research:

• By Company category: Tier 1 - 35 %, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite executives - 35.0 percent, Directors - 25.0 percent, and Others - 40.0 percent

• By Area: North America continent - 45.0 percent, Europe (EU) - 20.0 percent, Asia-Pac - 30.0 percent, and rest of the world - 5.0 percent

Furthermore, the report profiles the top actors in the power line communication market and analyzes their market ranking. The actors decribed in this industry report are Siemens, NETGEAR, ABB, AMETEK, Schneider Electric (SU), General Electric (NYSE:GE), TP-Link Technologies, D-Link, Landis+Gyr, Nyx Hemera Technologies, Belkin International, Billion Electric, devolo, Hubbell Power Systems, Corinex Communications, TRENDnet, Zyxel Communications, Extollo Communications, ASUSTeK Computer, ZIV, Comtrend, Iskra, Lumenpulse, and NetComm Wireless.

Segment Research

This market research classifies the power line communication market based on offering, frequency, application, vertical, and area. The industry report also describes the main drivers, industry restraints, opportunities, and possibilities pertaining to this market, as well as the value chain study and industry ranking analysis.

Why Purchasing This Study Can Help You:

The study would benefit the leaders/new sector entrants in the power line communication market in these ways:

1. The document breaks down the power line communication market comprehensively and offers the closest industry size estimation for all sub-segments across different areas.

2. The analysis benefits partners distinguish the pulse of the sector and offers them with info on key market drivers, market restraints, opportunities, and alternatives for the power line communication market.

3. The market research would benefit partners comprehend their players better and acquire business insights to enhance their rank in the power line communication market. The competitive outlook section depicts the competitor ecosystem.

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