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Power Line Communication Systems Market Growing at CAGR of 19.3% & to Reach $7,101.6 Million by 2018 - by MarketsandMarkets
Date:1/6/2013

With the advent of smart grid and need for substation automation, the potential of power lines as a powerful medium to be able to deliver not only electricity or control signals, but even full duplex high speed data and multimedia content, are being explored now.

This report describes the market trends, drivers, and challenges of the PLC market and forecasts the market to 2017, based on applications, technology, equipment, and geography. This report covers geographies like the Americas, Europe, APAC, and ROW (Rest of the World). Some of companies involved in PLC market include Echelon Corporation (U.S.), Cypress Semiconductor Corporation (U.S.), Marvell Technology Group (Bermuda), Maxim Integrated (U.S.), Qualcomm Atheros, Inc. (U.S.), Texas Instruments, Inc. (U.S.), Yitran Communications (Israel), Amperion Inc. (U.S.), D-Link (Taiwan), Power Plus Communications AG (Germany) etc.

The global PLC system revenue market is expected to grow from $2.94 billion in 2013 to $7.10 billion in 2018 at a CAGR of 19.3%. In terms of revenue, the broadband market is larger than the narrowband market with a split of 60-40 favoring broadband in 2012. The global PLC unit shipment market is expected to grow from 38.90 million units in 2013 to 417.16 million units in 2018 at a CAGR of 60.7%. The N-PLC shipment market is larger than that of B-PLC.

PLC is being used in a host of emerging and existing applications, including smart grid, home automation, vehicle automation, broadband over power line, M2M communications, etc. One of the major uses of PLC is in smart grid where it is used in automatic meter reading (AMR) and automatic meter management (AMM), building automation, security, electric vehicle charging, in micro-inverters for alternative sources of energy, temperature and lighting. The major application of Power Line Communications (PLC) is in smart grid. It is expected to hold around 75% of market in 2012. Besides, it is expected to grow at a CAGR of 18.8
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