Power and communication line market is estimated to grow at a CAGR of 8.4% during the forecast period. The surging demand for broadband devices and increasing deployment of smart grids are likely to propel the demand for power and communication lines. Active government initiatives to encourage power line communication and smart grids utilizing power line communication are anticipated to drive market growth. For instance, according to Energy.Gov., a total of up to $3 billion was invested in the smart grid grant program for 2022-2026. Moreover, in November 2022, Global Development Organization (GDO) released a Funding Opportunity Announcement for the Grid Resilience and Innovation Partnerships (GRIP) Program, including the Smart Grid Grants.
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The global power and communication line market is segmented based on its frequency, modulation, and application. Based on frequency the market is categorized into narrowband(3 khz to 500 khz), and broadband (greater than 500 khz). Based on modulation the market is segmented into single carrier modulation, multi carrier modulation, and spread spectrum modulation. Based on application the market is divided into home automation systems, pollution sensors, and noise detectors,advertising backlit panels, solar applications, and others. Based on the frequency the narrowband (3khz to 500 kHz) segment is predicted to capture a major share in the market. Narrowband is considered a highly scalable and low-cost low-power wide area network. This technology is effectively used in end-user verticals such as smart metering, and building management.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Power and Communication Line Market by Frequency
- Narrowband(3 khz to 500 khz)
- Broadband (greater than 500 khz)
Global Power and Communication Line Market by Modulation
- Single Carrier Modulation
- Multi Carrier Modulation
- Spread Spectrum Modulation
Global Power and Communication Line Market by Application
- Home Automation Systems
- Pollution Sensors, and Noise Detectors
- Advertising Backlit Panels
- Solar Applications
- Others (traffic density sensors, energy)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Alstom Hydrogène Sas
- Ametek Power Instruments
- Atmel Corp.
- Belkin International
- Billion Electric
- Corinex Communications
- Cypress Semiconductor Corp.
- Devolo
- D-Link
- Echelon Corp.
- Extollo Communications
- Hubbell Power Systems
- Landis+Gyr
- Lumenpulse
- Maxim Integrated, Inc.
- Netcomm Wireless
- NYX Hemera Technologies
- Xemex NV
- Zyxel Communications
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global power and communication line market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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