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Power Line Communication (PLC) Systems Market: Global Assessment & Forecast 2013-2018

Global PLC system market to reach value of $7.10 billion by 2018

For many years, Power Line Communication (PLC) System has been built to communicate low bandwidth analog and digital information over residential, commercial, and high voltage power line. Power line has been considered for the transmission of electricity in the past as well. However, with the emergence of modern networking technologies including broadband, there is a more than ever need for utility and service providers to discover solutions that are able to deliver the services to the consumers at minimum cost and maxium performance. With the advent of smart grid and need for substation automation, the potential of power line as a powerful medium to be able to deliver not only electricity or control signals, but even full duplex high speed data and multimedia content are being explored now.

The global PLC system revenue market is expected to grow from $2.94 billion in 2013 to $7.10 billion in 2018 at a CAGR of 19.3%. In terms of revenue, the broadband market is larger than the narrowband market with a split of 60-40 favoring broadband in 2012. The global PLC unit shipment market is expected to grow from 38.90 million units in 2013 to 417.16 million units in 2018 at a CAGR of 60.7%. The N-PLC shipment market is larger than that of B-PLC.

PLC is being used in a host of emerging and existing applications, including smart grid, home automation, vehicle automation, broadband over power line, M2M communications, etc. One of the major uses of PLC is in smart grid where it is used in automatic meter reading (AMR) and automatic meter management (AMM), building automation, security, electric vehicle charging, in micro-inverters for alternative sources of energy, temperature and lighting. The major application of Power Line Communications (PLC) is in smart grid. It is expected to hold around 75% of market in 2012. Besides, it is expected to grow at a CAGR of 18.8% from 2013 to 2018.

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