The Power Over Ethernet Lighting Market is projected to reach USD 1,174 million by 2024 from USD 256 million in 2019, at a CAGR of +35.6%.
The increasing penetration and decrease of the cost of LEDs, the increasing adoption of PoE lighting solutions in commercial and medical care applications, and the growing need for cost-effective lighting solutions. Opportunities for the PoE lighting market include improving POE standards for greater power, speed and efficiency; increasing adoption of intelligent and automated systems; and the growing demand for smart workplaces. The main restrictions for the market are the high cost of PoE switches and the need for additional equipment. Limited transmission distance and power supply rates represent a major challenge for the PoE lighting market.
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The in-depth analysis of the market segment helps businesses make the right decisions and helps them keep ahead of their competitors. The players are increasingly investing in research and development activities to stay ahead of the competitive curve. How the growing need and the growing recognition of Power Over Ethernet Lighting market products are likely to drive the demand across the world in the near future is mentioned in this study. On the other hand, the apprehensions over the high initial investment and the risk of the loss of data may impede the growth of this market significantly in forthcoming years, notes the research study.
The key innovators operating in this space Signify (Philips Lighting) (Netherlands), Hubbell Incorporated (US), Innovative Lighting (GENISYS) (US), Deco Lighting (US), Ideal Industries, Inc. (Cree) (US), Eaton Corp. (Ireland), Herbert Waldmann GmbH & Co. Kg (Waldmann Lighting) (Germany), H.E. Williams (US), NAME Energy Group (MHT Lighting) (US), Ubiquity Networks (US), and ALLNET GmbH (Germany) are some of the major OEMs and solution providers of PoE lighting. Cisco Systems (US), Igor Inc. (US), NuLEDs (US), Koch Industries (Molex) (US), and Leviton (US) are among the few other important players in the market. Microchip Technology Inc. (Microsemi Corporation) (US), NETGEAR (US), Wipro Enterprise (Wipro Lighting) (India), euromicron AG (Microsens) (Germany), and The IBS Group LLC (US) are the key innovators operating in this space.
Scope of the Report
PoE lighting market, by Wattage:
PoE lighting market, by Offering:
- Up to 25W
- Greater than 25W
PoE lighting market, by Application:
- Software and Services
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Table of Content
Chapter 1 Global Power Over Ethernet Lighting
Chapter 2 Global Economic Impact on Power Over Ethernet Lighting
Chapter 3 Global Power Over Ethernet Lighting
Market Competition by Manufacturers
Chapter 4 Global Power Over Ethernet Lighting
Production, Revenue (Value) by Region (2012-2018)
Chapter 5 Global Power Over Ethernet Lighting
Supply (Production), Consumption, Export, Import by Regions (2012-2018)
Chapter 6 Global Power Over Ethernet Lighting
Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Power Over Ethernet Lighting
Market Analysis by Application
Chapter 8 Power Over Ethernet Lighting
Manufacturing Cost Analysis
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