Global Power Line Communication Market Revenue, Future Scope and Forecast 2027

[mayuri kathade]

Power Line Communication Market Overview:

Global Power Line Communication market landscape has been examined, and all of the key suppliers and application development and delivery developers have been present. Customer-centric methods by businesses, as well as the necessity to handle massive volumes of material, may define the market's future shape. During the projected period (2021-2027), there will be alliances with integration partners to achieve optimal technology, as well as webinars for future trends and insights.

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Expected Growth in Revenue:

The report covers a detailed analysis of the Global Power Line Communication Market with the classifications of the market on the basis of Components, Deployment Mode, Organization Size, End-User Industry, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.

Power Line Communication Market Scope:

Power Line Communication Market is expected to grow at a CAGR of 9.2% during the forecast period and it is expected to reach US$ 12.21 Bn. by 2027.


Further key findings from the report:

• From the frequency segment, narrowband segment held the largest share of power line communication market in 2021 owing to increased demand for narrowband power line communications technology-based products from smart grid and energy management application

• Among the vertical segment market for commercial vertical is expected to witness high growth during the forecast period. The growth can be attributed to increasing penetration of power line communication technology-based products for building automation, especially for lighting control application

• In 2021, Europe held the largest share of power line communication market and is expected to grow at significant high CAGR during the forecast period. Advanced metering application accounted for the large share in the growth of PLC market owing to initiatives taken by the government in this region

Power Line Communication Market Key Players:


The market research study analyses the market's main stakeholders. Among the key firms highlighted in the study are:

• Netgear • Tp-Link Technologies • D-Link • Hubbell Power Systems • Landis+Gyr • Belkin International • Zyxel Communications • NYX Hemera Technologies • Lumenpulse • Devolo • Corinex Communications

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Regional Analysis:

The report offers a comprehensive overview of the sector, including both qualitative and quantitative data. It gives a global market analysis and prediction based on several segments. It also offers market size and forecast projections for five key regions, including North America, Europe, Asia-Pacific, the Middle East & Africa, and South America, from 2021 to 2027.

Geographically, Power Line Communication market report is segmented into several key regions are as follows,

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

North America (the United States, Mexico, and Canada.)

South America (Brazil etc.)

The Middle East and Africa (GCC Countries and Egypt.)

COVID-19 Impact Analysis on Power Line Communication Market:

The COVID-19 pandemic has had an impact on markets and consumer behaviour. It has had a significant influence on economies and civilizations alike. The effects of COVID-19 are expected to shift consumer demand to online platforms. This might permanently alter customer behaviour because once individuals get into the habit of purchasing online, it becomes a pattern that is difficult to break, compelling businesses to increase their online presence. COVID-19 has an immediate and extensive influence on consumer behaviour across all industries.

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Key Questions answered in the Power Line Communication Market Report are:

Which is the potential market for Power Line Communication in terms of the region?
What are the opportunities for new market entrants?
What is expected to drive the growth of the Power Line Communication market in the next seven years?
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