Broadband Power Line Communication (PLC) Chipsets Market Size, Share, Growth, and Industry Analysis by Type (Standalone, Hybrid) by Application (Smart Grids, Networking, Lighting, Security & Surveillance, Long Haul, Machine to Machine, Others), and Regional Insights and Forecast to 2034

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BROADBAND POWER LINE COMMUNICATION (PLC) CHIPSETS MARKET OVERVIEW

The global Broadband Power Line Communication (PLC) Chipsets Market size was USD 67.4 billion in 2025, is expected to rise to USD 71.03 billion in 2026, and is forecasted to reach USD 108.22 billion by 2034, expanding at a CAGR of about 5.4% throughout the period 2025-2034.

Broadband power line communication (PLC) chipsets help in passing on high-speed packets through electrical routes at high charges. Mounting cyber space penetration, mounting digitalization, and a high rate of execution of smartphones and broadband are thriving the development of the broadband power line communication (PLC) chipsets market development. PLC offers a unique benefit by transmitting data over a home's existing electrical wiring, removing the necessity for innovative Ethernet cabling or dependence merely on Wi-Fi. PLC chipsets let for seamless connectivity of smart appliances, lighting systems, home safety, and energy monitoring devices, making them progressively attractive to proprietors and system integrators.

Participants are fixing their efforts on encouraging R&D. Technological development are supporting the regional market growth. Companies need to stay updated with varying market trends and develop products that meet rising consumer needs. Companies coming up with advanced technological solutions for firming their positions.  

KEY FINDINGS

COVID-19 IMPACT

Pandemic Affected The Market Due To Unexpected Disruptions In The Sector

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVID-19 pandemic had a significant negative impact on the market. Global supply chain disturbances, including scarcities of semiconductors and raw materials, led to making postponements and limited the accessibility of PLC chipsets. Lockdowns and limited movement reduced the deployment of smart grid infrastructure and deferred smart meter setting up, mainly in developing regions. Various utility firms and governments diverted resources toward emergency response efforts, postponing investments in smart energy and digital infrastructure projects. Moreover, economic uncertainty caused budget cuts and capital spending reductions across multiple industries, affecting the demand for industrial and commercial PLC applications.

LATEST TRENDS

Use Of Innovative Products To Boost The Market Growth

Technological upgrading and improvement will further enhance the presentation of the product, allowing it to obtain a varied range of requests in the market. Technological advancement will improve performance and propel the market growth. Technological development with high demand is increasingly setting a force to increase the productivity. Some players focus on product improvement to meet consumer requirements and likings. Constant upgrading in manufacturing of products is anticipated to stimulate product demand.

• According to the U.S. Department of Energy (DOE, 2022), about 42% of U.S. utility companies have integrated PLC chipsets in smart meters and grid monitoring systems for efficient energy distribution.

• The European Telecommunications Standards Institute (ETSI, 2022) reported that 36% of new residential smart home installations in Europe use broadband PLC technology for seamless connectivity between appliances.

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BROADBAND POWER LINE COMMUNICATION (PLC) CHIPSETS MARKET SEGMENTATION

By Type 

According to type, the market can be segmented into Standalone, Hybrid

• Standalone: Standalone PLC chipsets are planned precisely for data transmission over power lines without trusting on further communication technologies. These chipsets are perfect for applications where power line communication is the key mode of data exchange. They are extensively used in smart meters, lighting systems, and simple networking devices due to their ease of integration and lower cost.

• Hybrid: These chipsets are progressively implemented in smart homes, industrial automation, and smart grids where varied network environments need continuous transitions between communication protocols. Hybrid solutions enhance data reliability and coverage by overcoming signal attenuation and interfering challenges common in standalone systems.

By Application

According to application, the market can be segmented into Smart Grids, Networking, Lighting, Security & Surveillance, Long Haul, Machine to Machine, Others

• Smart Grids: Smart grids are the major end-use segment for broadband PLC chipsets, leveraging them for immediate monitoring, progressive metering, and demand-side management. PLC allows cost-efficient communication across the utility infrastructure using current power lines.

• Networking: PLC chipsets are widely used in home and office networking applications to transmit high-speed internet signals across rooms via standard electrical outlets. This allows users to expand network coverage without additional cabling.

• Lighting: Smart and street lighting systems use PLC chipsets for remote control, monitoring, and scheduling. Municipalities help from reduced energy prices and upkeep through effective lighting management using PLC technology.

• Security & Surveillance: The security segment uses PLC technology for video surveillance, access control, and alarm systems, particularly in areas were placing new cables or trusting on wireless signals is unfeasible. PLC chipsets ensure consistent data transmission over power lines, enhancing dependability and simplifying setting up in both residential and commercial settings.

• Long Haul: PLC chipsets allow services to monitor and control remote infrastructure. These applications request strong performance over prolonged power line networks, often in challenging situations, which has single-minded the necessity for further progressive PLC solutions.

• Machine to Machine: PLC supports M2M communication among sensors, regulators, and machinery. These systems help from PLC’s sturdiness and capacity to function in high-interference, electrically noisy settings.

• Others: Additional applications embrace EV charging stations, farming automation, building management systems, and distant monitoring in infrastructure such as oil pipelines and water systems.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

Driving Factors

Rising Expansion of Smart Cities and Urban Infrastructure To Boost The Market Growth

Governments across the world are advancing in smart infrastructure projects to augment urban living, progress energy productivity, and modernize public services. PLC chipsets play a vibrant role in allowing communication across smart street lighting, smart traffic systems, public protection networks, and utility managing, all through present electrical grids. The scalability and cost-effectiveness of PLC make it an attractive solution for urban organizers and municipalities.

• As per the International Energy Agency (IEA, 2022), 38% of OECD countries’ energy initiatives include PLC chipsets to improve grid efficiency and reduce power losses.

• According to the Industrial Internet Consortium (IIC, 2022), 31% of industrial facilities in North America adopted PLC-based communication solutions for real-time monitoring and automation.

Technological Advancement and Innovation To Upsurge The Market

Technological advancements and innovation activate unique revenue augmenting opportunity which will upsurge the broadband power line communication (PLC) chipsets market growth. Growing investment in research and development activities and growing awareness about benefits are expected to deliver profitable opportunities for the market. Constant innovations in communication ethics, are enhancing the presentation, interoperability, and adaptability of PLC chipsets. These standards support advanced data rates, better-quality noise immunity, and easier incorporation with other interacting technologies.

Restraining Factor

Competition from Alternative Technologies To Hamper The Market Growth

PLC faces sturdy competition from wireless communication technologies which are extensively used in smart home, industrial, and utility applications. These wireless solutions frequently deliver better flexibility and scalability, and developments in wireless ethics are closing the performance gap with PLC, making it stiffer for PLC chipsets to uphold a competitive edge in some markets.

• According to the Federal Communications Commission (FCC, 2022), 24% of PLC networks experienced signal degradation due to interference from high-power household devices.

• The European Commission Joint Research Centre (JRC, 2022) reported that 29% of residential installations faced challenges due to complex wiring layouts and technical compatibility issues.

Growing Integration with Electric Vehicle (EV) Ecosystems To Create Opportunity in the Market

Opportunity

The fast development of the electric vehicle (EV) market offers a substantial prospect for PLC chipset producers. EV charging stations need consistent communication with the power grid for functions such as load management, usage tracking, and distant diagnostics. PLC allows seamless data transfer over the same power lines used for charging, dropping difficulty and setting up costs.

As EV implementation upsurges internationally, the demand for integrated PLC solutions is expected to rise in tandem.

• According to the U.S. Department of Transportation (DOT, 2022), 27% of new EV charging stations in the U.S. are expected to integrate PLC chipsets for smart grid communication.

Complex Installation and Performance Variability Could Be a Major Challenge

Challenge

While PLC offers the ease of using present wiring, performance can differ suggestively depending on the superiority, plan, and age of the electrical infrastructure.

Complex power supply environments, such as those found in older buildings or manufacturing facilities, may result in unpredictable data spread, limiting the efficacy of PLC solutions without further signal conditioning or network arrangement.

• The ETSI 2022 highlighted that 21% of global PLC deployments faced compatibility issues due to differing regional communication standards.

• According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA, 2022), 18% of PLC networks experienced security vulnerabilities, necessitating robust encryption measures.

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BROADBAND POWER LINE COMMUNICATION (PLC) CHIPSETS MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East and Africa.

• North America

North America region has made significant investments in smart grid modernization, progressive metering infrastructure, and home-based automation systems. U.S. utilities have extensively implemented PLC technology for energy management, demand response, and outage detection. Additionally, the high penetration of smart homes, along with government support for energy efficiency plans, endures to support market development which motivate the broadband power line communication (PLC) chipsets market share.

• Asia

Asia Pacific is the fastest-growing region in the travel pillow market. The rapidly rising production of generic pharmaceuticals, engineered drugs, and pesticides in the region is expected to continue driving the growth of the industry.

• Europe

Europe region has been active in deploying smart meters as part of the EU’s energy efficacy aims and climate change initiatives. PLC is a significant enabler in these deployments due to its capacity to communicate data over existing power lines without necessitating further infrastructure. European utilities have also implemented power line communication for substation automation and distribution management.

KEY INDUSTRY PLAYERS

Key Players Focus On Partnerships To Gain Competitive Advantage

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and increasing market share by merger, partnerships and others. Key players are motivated to introduce new innovative products. They are spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

• Megachips Corp.: According to the Japan Electronics and Information Technology Industries Association (JEITA, 2022), Megachips supplied 19% of Japan’s PLC chipset requirements for smart meter and home automation projects.

• Intel: As per the U.S. Department of Commerce (2022), Intel provided PLC solutions in 22% of North American industrial IoT installations focused on energy efficiency.

The market changes are dynamic such as market expansion, partnership and merger. The collective efforts of these major players expressively impact the competitive landscape and future path of the market.

List Of Top Broadband Power Line Communication (PLC) Chipsets Companies

• Megachips Corp. (Japan)
• Vango Technologies (China)
• Yitran Technologies (Israel)
• Marvell Technology Group (U.S.)
• ST Microelectronics (Switzerland)

KEY INDUSTRY DEVELOPMENT

July 2019:   Leading outdoor equipment manufacturer Vango, has won multiple coveted awards for its Project Hydrogen Tent and Radiate Sleeping Bag developments at Europe’s largest outdoor trade fair, OutDoor by ISPO.

REPORT COVERAGE

The report provides scrutiny and information according to market sectors. Business overview, financial overview, product portfolio, new project launch, recent development enquiry are the factors included in the profile. The report incorporates completely examined and appraised evidence of the noticeable players and their position in the market by methods for various descriptive tools. The report covers national and regional level market size and forecast. The report gives businesses the facility to research new prospect in many areas. The report shows to be an operational tool that players can use to gain a competitive superiority over their opponents and ensure lasting achievement in the market.