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Power Line Communication Market Size to Grow by USD 6.36 Bn | Broadcom Inc. and devolo AG Among Key Vendors | Technavio

PR Newswire ·  Dec 1, 2021 06:12

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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Attractive Opportunities in Power Line Communication Market by Application and Geography - Forecast and Analysis 2022-2026

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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Power Line Communication Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 11.23%

Market growth 2022-2026

USD 6.36 billion

Market structure

Fragmented

YoY growth (%)

8.07

Regional analysis

Europe, APAC, North America, MEA, and South America

Performing market contribution

APAC at 36%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

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

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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