NEW YORK, Dec. 1, 2021 /PRNewswire/ -- The power line communication market report has been added to Technavio's catalog. The market is anticipated to witness a CAGR of 11.23%. This growth can be attributed to the rising adoption of smart grid technologies and increasing demand for broadband power line communication devices in indoor networking applications. However, shortage of skilled labor can hamper the growth of the market during the next few years.

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The 120-page report on the power line communication market includes segmentation by application (smart grid, networking, and long haul) and geography (Europe, APAC, North America, MEA, and South America). The market is expected to grow by USD 6.36 billion from 2021 to 2026.

Major Power Line Communication Companies:

• AMETEK Inc.
• Analog Devices Inc.
• Broadcom Inc.
• devolo AG
• General Electric Co.
• Hitachi Ltd.
• Renesas Electronics Corp.
• Siemens AG
• STMicroelectronics NV.
• Unizyx Corp

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Power Line Communication Market Application Outlook (Revenue, USD bn, 2021-2026)

• Smart grid - size and forecast 2021-2026
• Networking - size and forecast 2021-2026
• Long haul - size and forecast 2021-2026

Power Line Communication Market Geography Outlook (Revenue, USD bn, 2021-2026)

• Europe - size and forecast 2021-2026
• APAC - size and forecast 2021-2026
• North America - size and forecast 2021-2026
• MEA - size and forecast 2021-2026
• South America - size and forecast 2021-2026

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