Lucintel Forecasts The Global Power Line Communication System Market To Reach $38 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global power line communication system market looks promising with opportunities in the commercial, residential, automotive, oil & gas, telecommunication, power distribution, and healthcare markets. The global power line communication system market is expected to reach an estimated $38 billion by 2030, at a CAGR of 15.6% from 2024 to 2030. The major drivers for this market are growing demand for smart grid technologies, growing adoption of related technology solutions and the creation of smart cities, and increasing demand for broadband internet access.
A more than 150-page report to understand trends, opportunity and forecast in global power line communication system market to 2030 by component (coupling capacitor, line trap unit, transmitters & receivers, line tuners, and others), type (narrowband PLC and broadband PLC), application (commercial, residential, automotive, oil & gas, telecommunication, power distribution, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that ...
... broadband PLC will remain the larger segment over the forecast period because of growing awareness of the ease of communication owing to its broadband connections.
Download sample by clicking on power line communication system market.
APAC will remain the largest region over the forecast period due to rapid growth, as countries invest in new infrastructure to support economic growth.
Stmicroelectronics, Maxim Integrated, Marvell, Cypress Semiconductor, Texas Instruments, Sigma Designs, Microchip Technology, Broadcom Limited, Echelon, Qualcomm Atheros are the major suppliers in the power line communication system market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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