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Industrial Power Line Communication Market Size, Share, Industry, Forecast and outlook (2023-2030)

Published: 2023 January 11
SKU : EP261
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180 pages
Report Summary
Table of Content

Global Industrial Power Line Communication Market is segmented By Frequency (Narrowband, Broadband), By Solutions (PLC over AC lines, PLC over DC lines), By Application (Energy Management and Smart grid, Indoor Networking), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

The Global Industrial Power Line Communication Market is expected to grow at a high CAGR during the forecasting period (2022-2029).

Industrial Power Line Communication Market Scope and Summary

Metrics

Details

Market CAGR

High

Segments Covered

By Frequency, By Solutions, By Application, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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  • In industries, the electrical network is widely spread and needs to control rapidly to avoid losses. Increasing advanced technology in device communication is leading the power line communication market in industries to grow.
  • A recent device is invented which allows the communication between the power Supplier Companies and their large industrial clients to lower the probability of power failures and communicate solely through Powerlines.
  • In the industrial environment, the main source of interference and attenuation comes from electric motors and their controllers such as Inverters.
  • The electric motor is the core of the majority of industrial machinery and its role in the PLC channel must be taken into account. The motor control through inverters is also a problem due to the noise generated by power switching.
  • Several industrial applications are benefited from using the latest technology such as modern lighting devices with powerline communication changing the traditional lighting in buildings and deployment of sensors network.
  • The DC/AC-BUS controls individually multiple lights, sensing of temperature, smoke detectors, motion-sensing, etc over a single powerline. It can actuate and control each light fixture's intensity and color while reading the status of sensors attached to this powerline.
  • The graph shows the UD spending on the smart grid by the project. In 2017, expenditure on smart metering is approx. 1.2billion U.S. dollars.

Industrial Power Line Communication Market Segmentation Analysis

  • The market is segmented by Frequency into Narrowband and Broadband.
  • Broadband PLC is applicable for high-speed broadband network connections such as to the Internet which generally operates at higher frequencies (1.8–250 MHz), and high data rates (up to 100s of Mbps) and is used in shorter-range applications.
  • Narrowband PLC is appropriate for applications that need narrowband control or low-bandwidth data collection where low cost and high reliability are essential. It generally operates at lower frequencies (3–500 kHz), lower data rates (up to 100s of kbps), and has a longer range (up to several kilometers), which can be extended using repeaters.
  • The narrowband is a growing segment in the global Industrial Power Line Communication market due to the rising demand for narrowband technology products from energy management and the increasing use of smart grid applications in home automation.
  • By Application, the market is segmented into Energy Management & Smart Grid, and Indoor Networking. Energy management and smart grid application is the leading segment in Industrial Power Line Communication due to the growing demand for smart metering & smart grids in different substation communication applications.
  • By Solutions, the market is segmented into PLC over AC lines and PLC over DC lines. The PLC over AC lines segment is leading the market and is expected to grow because of the popularity of PLC adoption in smart grid applications.
  • However, narrowband PLC over DC lines is also gaining ground in home networking, lighting, and solar applications as well as in vehicles (electronic controls in airplanes, automobiles, and trains). The use of PLC in these applications reduces wiring complexity, weight, and ultimately cost of communications.

Geographically, the market is segmented into North America, Asia-Pacific, Europe, South America, and RoW. Europe is dominating the global powerline communication market due to the advanced metering application and increasing government initiatives for the deployment of smart meters.

  • In Europe, Italy has the largest scale of smart meters in Industrial Power Line Communication.
  • Some leading players in Industrial Power Line Communication are ABB, Siemens, Cypress Conductor, Texas Instruments, and Schneider Electric.

Here are some of the recent developments in the market

  • In Jun 2017, Richmond Capital acquired SmartLabs to make powerline communication great for home automation.
  • In Feb 2018, AMETEK Power Instruments, a leading player in Power Line Communications for electric utilities has introduced the Smart-Gap product which revolutionizes the method to clear surges on power line carrier systems.
  • The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.

The report profiles the following companies, which includes ABB, Siemens, Cypress Conductor, Texas Instruments, Schneider Electric, Hubbell Power Systems, ST Microelectronics, Ametek, Sigma Designs, and General Electric.

 

Frequently Asked Questions

What is the Industrial Power Line Communication Market growth?

The market is growing at a high CAGR.

What is the Industrial Power Line Communication Market size in 2021?

The Market size was valued at USD YY million in 2021.

Who are the key players in Industrial Power Line Communication Market?

Major Players are ABB, Siemens, Cypress Conductor, Texas Instruments, Schneider Electric, Hubbell Power Systems, ST Microelectronics, Ametek, Sigma Designs, and General Electric.

 

Trending Topics

Commercial Power Line Communication Market

Power Line Communication Market

Residential Power Line Communication Market

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