January 23, 2009 -- Service providers are increasingly driving the broadband powerline networking equipment market, helping to push growth over 50% in 2008, according to new research by In-Stat.
The high-tech market research firm says that governments are looking for ways to make their current power generation grid and assets suffice without building additional generation plants, which may become a significant driver for powerline technology in the near future.
"While powerline retail markets will suffer with a global recession, less impact will be felt from the service provider and utility sectors, resulting in continued growth through 2012," maintains Joyce Putscher, In-Stat analyst.
Also according to the research:
-- Worldwide equipment shipments based on HomePlug and non-HomePlug broadband powerline approached 10 million units in 2007.
-- Devolo AG again ranked number one in worldwide annual equipment market shares.
-- Governments in Europe, China, and the US have all set aside funding for smart grid applications.
The research, "Global Powerline Home Networking Update: Growing In Spite of the Economy," covers the worldwide market for powerline home networking. The report provides guidance on market trends and expected progress, opportunities, segmentations, market sizing, and consumer survey results. Worldwide forecasts include unit segmentation by geographic region, product categories, technology/protocol, bandwidth, PHY/MAC chipset ASP, retail vs. service provider channel, and in-home networking vs. access/MDU/utility use.
For more information on the research, click here.
On the Web:
www.in-stat.com
Let your voice be heard! Join INTERCONNECTION WORLD, the social networking and community Web site for readers of Cabling Installation & Maintenance.