Power Line Communication (PLC) Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Power Line Communication (PLC) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Power Line Communication (PLC) Market Size and Its Estimated Growth Rate?
The market size of power line communication (PLC) has witnessed a swift expansion in the recent past. It is projected to soar from $11.43 billion in 2024 to $12.85 billion by the end of 2025, exhibiting a compound annual growth rate (CAGR) of 12.4%. Factors contributing to the growth during this historic period include early adoption in home networking, initiatives towards smart grid technologies, broadband over power line (BPL) innovations and improvements in bandwidth and data rates.

The market size of the power line communication (PLC) is projected to demonstrate accelerated growth in the coming years. It is predicted to reach $20.51 billion by 2029, with a compound annual growth rate (CAGR) of 12.4%. The projected growth in this timeframe can be linked to factors such as integration of 5G and beyond, the proliferation of edge computing and associated devices, sophisticated metering infrastructure (AMI), increased bandwidth and data transmission speeds, as well as sustainability and environmental factors. Key trends within this era could encompass the expanded functionality of IoT, communication between electric vehicles and the grid (V2G), integration of distributed energy resources (DERs), technological advances in smart cities and infrastructure, incorporation of artificial intelligence and machine learning, and strides in standardization and interoperability.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14456

How Are Emerging Segments Shaping the Power Line Communication (PLC) Market Landscape?
The power line communication (PLC) market covered in this report is segmented -

1) By Offerings: Hardware, Software, Service
2) By Frequencies: Narrowband, Broadband
3) By Applications: Networking, Smart Grid, Long-Haul
4) By Industry Verticals: Commercial, Residential, Industrial

Subsegments:
1) By Hardware: PLC Modems, PLC Couplers, PLC Adapters, PLC Repeaters, PLC Routers, Integrated Circuit (IC) for PLC Systems
2) By Software: PLC Communication Software, Network Management Software, Security and Encryption Software, Data Transmission and Control Software, Monitoring and Diagnostics Software
3) By Service: Consulting Services, Integration and Deployment Services, Maintenance and Support Services, Managed Services, Network Planning and Design Services

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14456&type=smp

Which Growth Factors Are Influencing Power Line Communication (PLC) Market Expansion?
The increasing fascination with industrial automation and control systems is predicted to accelerate the expansion of the power line communication market. These control systems, designed for automation and surveillance of manufacturing processes, machinery, and equipment in industrial contexts, enhance efficiency, productivity, and safety. The rising popularity of industrial automation and control systems can be attributed to their ability to boost operational efficiency, improve product quality, ensure safety, and adapt to the ever-changing market demands across various industries. Power line communication (PLC) plays a pivotal role in industrial automation and control systems by enabling reliable and cost-effective data transfer over existing power lines, thereby bolstering communication efficiency and connectivity in industrial scenarios. For example, in May 2022, a survey by Rockwell Automation Inc., a US firm specializing in industrial automation and digital transformation technologies, found a remarkable 50% year-on-year growth in the uptake of smart factory technologies among 321 manufacturers studied. Furthermore, 74% of these surveyed manufacturers are either currently using or planning to incorporate artificial intelligence into their manufacturing processes. Moreover, 83% of manufacturing professionals are looking to transition their modernization processes into smart factories. Consequently, the increasing interest in industrial automation and control systems is fuelling the expansion of the power line communication market.

Who Are the Dominant Players Across Different Power Line Communication (PLC) Market Segments?
Major companies operating in the power line communication (PLC) market are Hitachi Energy Ltd., Siemens AG, General Electric Company, Schneider Electric SE, ASEA Brown Boveri (ABB Ltd.), STMicroelectronics N.V., Renesas Electronics Corporation, AMETEK Inc., Hubbell Power Systems, Landis+Gyr AG, Zyxel Communications Corporation, NETGEAR Inc., D-Link Corporation, Belkin International LLC, TP-Link Technologies Co Ltd., Devolo AG, Corinex Communications Corp., NetComm Wireless Limited, Billion Electric Co. Ltd., Atmel Corporation, Echelon Corporation, Xemex NV

What Are the Latest Developing Trends in the Power Line Communication (PLC) Market?
Leading corporations in the power line communication (PLC) sector are concentrating on developing cutting-edge solutions such as next-gen powerline communication devices for a competitive advantage in the market. A next-gen powerline device is a technologically advanced system that facilitates data transmission via existing electrical wiring, thereby amplifying connectivity and smart home applications. To illustrate, Qualcomm, an American technology firm, introduced the QCA7006AQ, a next-gen powerline communication device intended to aid smart-grid communications between electric vehicles and charging stations in May 2022. Conforming to the HomePlug Green PHY (HPGP) standard for vehicle-to-grid (V2G) systems, it enables effortless network authentication for automated plug-and-charge payments during the charging of electric vehicles. The QCA7006AQ assists in managing the energy exchange between the grid and the house, endorsing smart-grid charging applications conforming to the CCS (Combined Charging System) standard.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/power-line-communication-plc-global-market-report

Which Geographic Regions Are Expected to Dominate the Power Line Communication (PLC) Market in the Coming Years?
North America was the largest region in the power line communication (PLC) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the power line communication (PLC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Power Line Communication (PLC) Market?
2. What is the CAGR expected in the Power Line Communication (PLC) Market?
3. What Are the Key Innovations Transforming the Power Line Communication (PLC) Industry?
4. Which Region Is Leading the Power Line Communication (PLC) Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.