Power Over Ethernet Lighting Market Growth, Share, Trends, Demand, Challenges and Forecast 2032
Power Over Ethernet Lighting Market Size- By Offering, By Wattage, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: SEMI2312 | Pages: 1 - 234 | Formats*: |
| Category : Semiconductor and Electronics | |||
Power Over Ethernet Lighting Market Introduction and Overview
According to SPER Market Research, the Global Power Over Ethernet Lighting Market is estimated to reach USD 4.67 billion by 2032 with a CAGR of 30.83%.
The report includes an in-depth analysis of the Global Power Over Ethernet Lighting market, including market size and trends, product mix, distribution channels, and supplier analysis. Power Over Ethernet (PoE) lighting connects, monitors, and controls LED light fixtures used in smart building systems using Power over Ethernet technology. Smart PoE lighting cuts installation and operating costs in half and assists building owners in meeting wellness and sustainability objectives.
- Onsemi, a firm specializing in intelligent power and sensing technologies, has announced the June 2022 release of two complete system solutions that support the most common building automation network protocols, Power over Ethernet (PoE) and KNX.
- The NCN5140S is the first KNX Association-certified System-in-Package (SiP), facilitating the building of access and control panels.
Market Opportunities and Challenges
The Power over Ethernet (PoE) lighting market represents a promising scenario for lighting sector innovation and growth. PoE technology allows for the transmission of both data and electrical power via a single Ethernet cable, opening up a plethora of possibilities. To begin with, PoE lighting is extremely energy-efficient, allowing for fine control of individual lamps as well as dimming capabilities, which not only decreases energy usage but also adds to sustainability initiatives.
The Power over Ethernet (PoE) lighting business has numerous major challenges. First and foremost, interoperability remains a major challenge, as different PoE systems may not necessarily perform flawlessly together. Compatibility concerns might stymie the adoption of PoE lighting solutions, particularly when retrofitting existing buildings. Furthermore, the initial cost of deploying PoE infrastructure can be relatively significant, including the cost of specialist switches, cables, and PoE-compatible luminaires. This initial outlay may dissuade some potential clients, particularly in cost-sensitive countries.
Market Competitive Landscape
The Power over Ethernet (PoE) lighting market's competitive landscape is active and growing. Established lighting manufacturers, network equipment suppliers, and technology startups are key stakeholders in this market. Companies such as Signify (previously Philips Lighting), Cree, and Acuity Brands have made tremendous progress in developing and integrating PoE lighting solutions into their product portfolios, leveraging their extensive industry experience and distribution networks.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Offering, By Wattage, By Application |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe. |
| Companies Covered | ALLNet GmbH, Axis Lighting, Cisco Systems, H.E. Williams, Herbert Waldmann GmbH & Co. Kg, Hubbell Inc., Ideal Industries, NETGEAR, Prolojik, Silvertel, Ubiquiti Networks Inc. , Wipro Lighting |
COVID-19 Impact on Global Power Over Ethernet Lighting Market
The COVID-19 epidemic has had a considerable impact on the global market for Power over Ethernet (PoE) lighting. PoE lighting is a technology that allows for the powering and management of lighting systems via Ethernet cables, offering benefits such as cost-effectiveness, energy efficiency, and simpler installation and control. One of the most significant effects of the pandemic on the PoE lighting business has been a drop in demand as a result of disruptions in the building and renovation sectors, both of which are major drivers of the market. Because of the pandemic, many businesses and organizations have reduced or halted operations, resulting in a reduced requirement for new building construction or renovations and, as a result, a lower need for PoE lighting systems.
Key Target Audience
- Component Manufacturers
- Semiconductor Vendors
- System Integrators
- Manufacturing Companies
- Research Institutes and Organizations
- Technology Standards Organizations
- Others
Our in-depth analysis of the Power Over Ethernet Lighting Market includes the following segments:
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| By Wattage: |
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| By Application: |
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Key Topics Covered in the Report
- Global Power Over Ethernet Lighting Market Size (FY’2022-FY’2032)
- Overview of Global Power Over Ethernet Lighting Market
- Segmentation of Global Power Over Ethernet Lighting Market By Offering {Hardware (LED Luminaries, Lighting Controls) , Software and Services}
- Segmentation of Global Power Over Ethernet Lighting Market By Wattage (Above 25 Watt, Up to 25 Watt)
- Segmentation of Global Power Over Ethernet Lighting Market By Application (Commercial, Industrial, Residential, Others)
- Statistical Snap of Global Power Over Ethernet Lighting Market
- Expansion Analysis of Global Power Over Ethernet Lighting Market
- Problems and Obstacles in Global Power Over Ethernet Lighting Market
- Competitive Landscape in the Global Power Over Ethernet Lighting Market
- Impact of COVID-19 and Demonetization on Global Power Over Ethernet Lighting Market
- Details on Current Investment in Global Power Over Ethernet Lighting Market
- Competitive Analysis of Global Power Over Ethernet Lighting Market
- Prominent Players in the Global Power Over Ethernet Lighting Market
- SWOT Analysis of Global Power Over Ethernet Lighting Market
- Global Power Over Ethernet Lighting Market Future Outlook and Projections (FY’2022-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the Global Power Over Ethernet Lighting Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Power Over Ethernet Lighting Market Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Power Over Ethernet Lighting Market
7. Global Power Over Ethernet Lighting Market, By Offering, 2019-2032 (USD Million)
7.1 Hardware
7.1.1 LED Luminaries7.1.2 Lighting Controls
7.2 Software and Services
8. Global Power Over Ethernet Lighting Market, By Wattage, 2019-2032 (USD Million)
8.1 Above 25 Watt8.2 Up to 25 Watt
9. Global Power Over Ethernet Lighting Market, By Application, 2019-2032 (USD Million)
9.1 Commercial
9.2 Industrial9.3 Residential9.4 Others
10. Global Power Over Ethernet Lighting Market, By Region, 2019-2032 (USD Million)
10.1 Global Power Over Ethernet Lighting Market Size and Market Share by Region (2019-2025)10.2 Global Power Over Ethernet Lighting Market Size and Market Share by Region (2026-2032)10.3 Asia-Pacific10.3.1 Australia10.3.2 China10.3.3 India10.3.4 Japan10.3.5 South Korea10.3.6 Rest of Asia-Pacific10.4 Europe10.4.1 France10.4.2 Germany10.4.3 Italy10.4.4 Spain10.4.5 United Kingdom10.4.6 Rest of Europe10.5 Middle East and Africa10.5.1 Kingdom of Saudi Arabia10.5.2 United Arab Emirates10.5.3 Rest of Middle East & Africa10.6 North America10.6.1 Canada10.6.2 Mexico10.5.3 United States10.7 Latin America10.7.1 Argentina10.7.2 Brazil10.7.3 Rest of Latin America
11.Company Profiles
11.1 ALLNet GmbH11.1.1 Company details11.1.2 Financial outlook11.1.3 Product summary11.1.4 Recent developments11.2 Axis Lighting11.2.1 Company details11.2.2 Financial outlook11.2.3 Product summary11.2.4 Recent developments11.3 Cisco Systems.11.3.1 Company details11.3.2 Financial outlook11.3.3 Product summary11.3.4 Recent developments11.4 H.E. Williams11.4.1 Company details11.4.2 Financial outlook11.4.3 Product summary11.4.4 Recent developments11.5 Herbert Waldmann GmbH & Co. Kg11.5.1 Company details11.5.2 Financial outlook11.5.3 Product summary11.5.4 Recent developments11.6 Hubbell Inc.11.6.1 Company details11.6.2 Financial outlook11.6.3 Product summary11.6.4 Recent developments11.7 Ideal Industries11.7.1 Company details11.7.2 Financial outlook11.7.3 Product summary11.7.4 Recent developments11.8 NETGEAR11.8.1 Company details11.8.2 Financial outlook11.8.3 Product summary11.8.4 Recent developments11.9 Prolojik11.9.1 Company details11.9.2 Financial outlook11.9.3 Product summary11.9.4 Recent developments11.10 Silvertel11.10.1 Company details11.10.2 Financial outlook11.10.3 Product summary11.10.4 Recent developments11.11 Ubiquiti Networks Inc.11.11.1 Company details11.11.2 Financial outlook11.11.3 Product summary11.11.4 Recent developments11.12 Wipro Lighting11.12.1 Company details11.12.2 Financial outlook11.12.3 Product summary11.12.4 Recent developments
12.List of Abbreviations
13.Reference Links
14.Conclusion
15.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Power Over Ethernet Lighting Market is projected to reach USD 4.67 billion by 2032, growing at a CAGR of 30.83% during the forecast period.
Power Over Ethernet Lighting Market grew in market size from 2021. The Market is expected to reach USD 4.67billion by 2032, at a CAGR of 30.83% during the forecast period.
Power Over Ethernet Lighting Market CAGR of 30.83% during the forecast period.
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Power Over Ethernet Lighting Market size is USD 4.67billion from 2022 to 2032.
Power Over Ethernet Lighting Market Segment is Covered By Offering, By Wattage, By Application
The North America region is anticipated to have the highest market share in Power Over Ethernet Lighting Market.
The key players in the market include Companies Covered ALLNet GmbH, Axis Lighting, Cisco Systems, H.E. Williams, Herbert Waldmann GmbH & Co. Kg, Hubbell Inc., Ideal Industries, NETGEAR, Prolojik, Silvertel, Ubiquiti Networks Inc. , Wipro Lighting
The market growth is stimulated by several factors, including the growing demand for energy-efficient lighting systems, the widespread adoption of smart building technologies, and the increasing need for affordable and easily manageable lighting solutions.
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