The global power line communication (PLC) market size reached USD 11.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 24.5 Billion by 2033, exhibiting a growth rate (CAGR) of 8.71% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 11.1 Billion |
Market Forecast in 2033
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USD 24.5 Billion |
Market Growth Rate (2025-2033) | 8.71% |
Power line communication (PLC) refers to a communication technology that is used for the transmission of data over the existing power-grid infrastructure. It acts as a reliable communication and data transmission medium for various Internet of Things (IoT) and smart grid applications. It is primarily used for powering electronic devices and to retrieve/control data through them. There are two kinds of PLC, namely narrowband and broadband. The narrowband PLC works at lower frequencies and lower data rates but has a more extended range. On the other hand, broadband PLC works at higher frequencies and higher data rates but is used in shorter-range applications.
A significant increase in the establishment of smart grids across the globe is one of the key factors driving the growth of the market. Smart grids involve the integration of renewable energy resources with the electricity supply chain through PLCs. Increasing utilization of these solutions for communicating with devices at remote locations is also providing a boost to the market growth. With the extension of the electricity distribution network, there has been a substantial increase in the adoption of PLC technology to cater to a broader geographical area. In line with this, the growing utilization of these solutions for lighting control applications in both rural and urban areas is acting as another growth-inducing factor. PLC solutions are widely used for both indoor and outdoor lightings, such as on streets, roadways, tunnels, parking, parks and other commercial and industrial complexes. Other factors, including the increasing investments in renewable energy facilities, along with rising government investments in the deployment of smart grids, extensive research and development (R&D) in the power sector and hyper-urbanization across the globe, are projected to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global power line communication market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on frequency, voltage, offering, modulation technique, application and vertical.
Breakup by Frequency:
Breakup by Voltage:
Breakup by Offering:
Breakup by Modulation Technique:
Breakup by Application:
Breakup by Vertical:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being ABB, AMETEK Inc., Belkin, Broadcom Inc., Cypress Semiconductor, D-Link Corporation, General Electric, Hubbell Power Systems Inc., Landis+Gyr, Maxim Integrated, Netgear, Schneider Electric, Siemens, TP-Link Technologies, Zyxel Communications, etc.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Frequency, Voltage, Offering, Modulation Technique, Application, Vertical, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | ABB, AMETEK Inc., Belkin, Broadcom Inc., Cypress Semiconductor, D-Link Corporation, General Electric, Hubbell Power Systems Inc., Landis+Gyr, Maxim Integrated, Netgear, Schneider Electric, Siemens, TP-Link Technologies and Zyxel Communications, etc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global Power Line Communication (PLC) market was valued at USD 11.1 Billion in 2024.
We expect the global Power Line Communication (PLC) market to exhibit a CAGR of 8.71% during 2025-2033.
The sudden outbreak of the COVID-19 pandemic has led to the increasing deployment for PLC technologies to communicate with devices at remote locations, during the lockdown scenario.
The rising demand for Power Line Communication (PLC) technology for reliable communication and data transmission medium for numerous IoT and smart grid applications, is primarily driving the global Power Line Communication (PLC) market.
Based on the frequency, the global Power Line Communication (PLC) market can be categorized into narrowband (3 kHz to 500 kHz) and broadband (greater than 500 kHz). Currently, narrowband (3 kHz to 500 kHz) accounts for the majority of the total market share.
Based on the application, the global Power Line Communication (PLC) market has been segregated into energy management and smart grid and indoor networking, where energy management and smart grid holds the largest market share.
Based on the vertical, the global Power Line Communication (PLC) market can be bifurcated into residential, commercial, and industrial. Currently, the commercial industry exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global Power Line Communication (PLC) market include ABB, AMETEK Inc., Belkin, Broadcom Inc., Cypress Semiconductor, D-Link Corporation, General Electric, Hubbell Power Systems Inc., Landis+Gyr, Maxim Integrated, Netgear, Schneider Electric, Siemens, TP-Link Technologies, Zyxel Communications, etc.