Narrowband PLC Chipset Market - Forecast(2021 - 2026)

Report Code: ESR 0606 Report Format: PDF + Excel (Delivery in 48 Hrs)

Narrowband PLC Chipset Market Overview 

The Narrowband PLC Chipset Market is forecast to reach $484.5 million by 2026, estimated to grow at a CAGR of 11.9% from 2021 to 2026. Narrowband PLC Chipset Market is primarily driven by the growing demand of smart grid and Plug-in electric vehicle. Due the introduction of advanced metering infrastructure (AMI), the NB PLC chips sets are widely used in smart grid, which is going to boost the NB PLC chip set market. Additionally, the use of NB PLC chip set in various others application such as health monitoring, solar panel, light control, is going to provide huge growth to NB PLC chipset market. Moreover the use of Narrowband PLC in measuring the power transferred and State of electric vehicle and the grid is going to boost the NB PLC chipset in automotive Industry.

Report Coverage

The report: “Narrowband PLC Chipset Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Narrowband PLC Chipset, Storage, Networking, Information Security, Cluster Design

By Standard : G3-PLC, PRIME, IEEE P1901.2, ANSI/EIA 709.1,.2, KNX and Others.
By Technology: OFDM, BPSK, S-FSK, FSK.
By Integration: Single Chip, Multi Chip.
By End Use Industry: Building Automation, Oil and Gas, Power and Energy, Automotive, Transportation, Healthcare, Military and Defense and Others.
By Modulation: Single Carrier Modulation, Multi Carrier Modulation, Spread Spectrum Modulation.
By Application: Smart Electric Grid, Micro Inverter, Advanced Metering, Health Monitoring, HVAC, Industrial, Telemetry, Solar Panels, Plug in EV, Lighting Control and Others.
By Geography : North America (U.S, Canada, Mexico), South America (Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa). 

Key Takeaways

  • The increasing demand of smart grid is driving the growth of narrowband PLC chipset Market. The PLC chip set helps in real-time measurements, monitoring and control of the generation, which is going to provide huge growth to NB PLC chip set market. 
  • The use of NB PLC chip set in measuring the power transfer between the grid and electric vehicle is going to provide huge growth to NB PLC chipset market.
  • Highly adoption of smart grid, due to availability of resources is going to boost the NB PLC chipset market in Europe. The countries such as Germany, France are promoting smart grid by imposing new regulations, which is going to provide huge Narrowband PLC Chipset Market in this region.

    Narrowband PLC Chipset Market, By Integration, 2020

Narrowband PLC Chipset Market
For More Details on This Report - Request for Sample

Narrowband PLC Chipset Market Segment Analysis – By Application 

The application of Narrowband Power Line Communication (PLC) Chipset in Micro inverter Systemic estimated to provide huge growth to Narrowband PLC Chipset Market during the forecast period at 17.5% CAGR. The narrow band PLC chipsets are widely used in Micro inverter Systems no additional connectors and cables needed to enable module-based monitoring, which is going to provide huge growth to NB PLC chip set market. Moreover the increasing use of low voltage (LV), due to rise in Advanced metering infrastructure (AMI) systems is going to provide huge growth to NB-PLC market. 

Narrowband PLC Chipset Market Segment Analysis – By End User 

Power & energy followed by automotive industry is expected to hold the major market share of Narrowband Power Line Communication (PLC) Chipset in 2020 at 19.5% and 18.2% share respectively. The increasing use of Advanced metering infrastructure (AMI) systems in smart grid systems is going to provide huge growth to NB PLC market. The growing demand of AMI systems is going to provide huge growth to NB PLC chipset market. The NB PLC chipset plays major role in increased meter reading accuracy, easier energy theft detection and Others Additionally, NB PLC provides security and guarantees authentication in electric vehicles. The physical association of NB PLC between the vehicle and the supply equipment is going to provide huge growth to Narrowband PLC Chipset Market in Automotive industry. 

Narrowband PLC Chipset Market Segment Analysis – By Geography 

The Narrowband PLC Chipset Market is dominated by Europe and it is expected to grow at 11.2% during the forecast period through 2020. The increasing use of smart grid is going to provide huge growth to NB PLC chip set market in this region. The countries such as France, Spain, U.K and others are imposing strict timeline for the deployment of smart meters, which is going boost the NB PLC chip set market. Additionally in countries such as Germany, is providing ability to monitor and control their electrical appliances in real time with the help of Google and Digital storm which is going to NB PLC chip set market. 

Narrowband PLC Chipset Market Drivers

Increasing Demand AMI Systems

The increasing demand of Advanced Metering Infrastructure (AMI)is one of the driving factors Narrowband PLC Chipset Market. NB PLC is widely used in AMI as it utilizes the existing power line network for communication media between smart meters and Data Collector Units (DCU). The NB PLC chip set provides several benefits such as automatic meter reading (AMR), demand side response, and distribution automation, this is going to boost NB PLC chip set market.

Increasing Demand of Electric Vehicle

The onboard communication is one of the major problem faced in electric vehicle, NB PLC helps in overcoming such problems, by utilizing DC power line as a physical medium to exchange messages, according to standard protocol, which is providing huge growth to NB PLC chip set market. NB PLC chipset helps in monitoring the state of grid and electric vehicle. Additionally NB PLC chip set also used in measuring the power transferred between the electric vehicle and the grid. Hence the increasing demand of electric vehicles is going to boost the PLC chip set market. 

Narrowband PLC Chipset Market Challenges

Signal Attenuation

The signal attenuation is acting as one of major hindrance in the growth of Narrowband PLC chip set market. The power distribution transformer causes high signal attenuation, due to location of Power line communication devices in low voltage side and medium voltage side. Additionally the unwanted signals (noise) increases in narrowband due to amplitude modulation, is restricting the growth of NB PLC chip set market. 

Narrowband PLC Chipset Market Landscape 

Launches, joint venture and R&D activities are key strategies adopted by players in the Narrowband PLC Chipset Market. Narrowband PLC Chipset Market is expected to be dominated by major companies such CHAdeMO, Cypress, ABB, Texas Instruments, STMicroelectronics and other. 

Innovations/Launches

  • In April 2020, CHAdeMO Association, has launched CHAdeMO 3.0 electric vehicle charger based on internet protocol IP-based networks. In this System the data stream is modulated onto the power line, which is going to provide huge growth to NB PLC Charger market in automotive industry. 
  • In November 2019, STMicroelectronics has design ST8500 PLC chipset, which wirelessly communicate by using power cables or radio frequency. This is going makes easy implementation of PLC in local infrastructure, which is going to provide huge growth NB PLC chip set market.

Related Reports

Report Code: ESR 0271


For more Electronics Market reports, please click here

1. Narrowband PLC Chipset Market Overview
2. Narrowband PLC Chipset Market Executive Summary
3. Narrowband PLC Chipset Market Landscape 
    3.1. Market Share Analysis
    3.2. Comparative Analysis
        3.2.1. Product Benchmarking
        3.2.2. End-User profiling
        3.2.3. Patent Analysis
        3.2.4. Top 5 Financials Analysis
4. Narrowband PLC Chipset Market Forces
    4.1. Market Drivers
    4.2. Market Constraints & Challenges
    4.3. Attractiveness of the Narrowband PLC Chipset Market
        4.3.1. Power of Suppliers
        4.3.2. Power of Customers
        4.3.3. Threat of New entrants 
        4.3.4. Threat of Substitution
        4.3.5. Degree of Competition
5. Narrowband PLC Chipset Market – Strategic Analysis
    5.1. Value Chain Analysis
    5.2. Pricing Analysis
    5.3. Threat and Opportunities Analysis
    5.4. Product/Market Life Cycle Analysis
6. Narrowband PLC Chipset Market- By Standards
    6.1. Introduction
    6.2. G3-PLC
    6.3. PRIME
    6.4. IEEE P1901.2
    6.5. ANSI/EIA 709.1,.2
    6.6. KNX
    6.7. IEC61334
    6.8. Others
7. Narrowband PLC Chipset Market - By Technology
    7.1. Introduction
    7.2. Orthogonal frequency-division multiplexing (OFDM)
    7.3. Binary Phase-shift keying (BPSK)
    7.4. Spread Frequency-shift keying (S-FSK)
    7.5. Frequency-shift keying (FSK)
8. Narrowband PowerLine Communications Chipset- By Integration
    8.1. Single Chip
    8.2. Multi Chip
9. Narrowband PLC Chipset Market- By Modulation
    9.1. Single-carrier Modulation
    9.2. Multi-carrier Modulation
    9.3. Spread Spectrum Modulation
10. Narrowband PLC Chipset Market- By Application
    10.1. Introduction
    10.2. Smart Electric Grid
    10.3. Micro Inverters
    10.4. Advanced Metering
    10.5. Health Monitoring 
    10.6. HVAC
    10.7. Industrial
    10.8. Telemetry
    10.9. Solar Panels
    10.10. Lighting Control
    10.11. Plug-In Electric Vehicles
    10.12. Others
11. Narrowband PLC Chipset Market- By End User Industry
    11.1. Introduction
    11.2. Building Automation
    11.3. Oil & Gas
    11.4. Automotive
    11.5. Power & Energy
    11.6. Transportation
    11.7. Healthcare
    11.8. Military & Defense
    11.9. Others 
12. Narrowband PLC Chipset Market- By Geography
    12.1. Introduction
    12.2. Americas
        12.2.1. U.S.
        12.2.2. Canada
        12.2.3. Brazil
        12.2.4. Mexico
        12.2.5. Rest of Americas
    12.3. Europe
        12.3.1. U.K.
        12.3.2. Germany
        12.3.3. France
        12.3.4. Rest of Europe
    12.4. APAC
        12.4.1. China
        12.4.2. Japan
        12.4.3. India
        12.4.4. South Korea
        12.4.5. Australia
        12.4.6. New Zealand
        12.4.7. Singapore
        12.4.8. Malaysia
        12.4.9. Indonesia
        12.4.10. Hong Kong
        12.4.11. Rest of APAC
    12.5. RoW
        12.5.1. Middle East
        12.5.2. Africa 
13. Narrowband PLC Chipset Market Entropy
    13.1. New Product Launches
    13.2. Merger & Acquisitions, and Joint Ventures
14. Narrowband PLC Chipset Market Company Profiles
    14.1. Renesas 
    14.2. Maxim Integrated
    14.3. ST Microelectronics 
    14.4. Texas Instruments 
    14.5. Echelon 
    14.6. Yitran 
    14.7. Cypress Semiconductor
    14.8. Ariane Controls 
    14.9. Semitech Semiconductor
    14.10. ADD Semiconductor