Power over Ethernet (PoE) Lighting

Power over Ethernet (PoE) Lighting

Global Power over Ethernet (PoE) Lighting Market to Reach US$2.2 Billion by 2030

The global market for Power over Ethernet (PoE) Lighting estimated at US$392.7 Million in the year 2023, is expected to reach US$2.2 Billion by 2030, growing at a CAGR of 27.6% over the analysis period 2023-2030. PoE Lighting Hardware, one of the segments analyzed in the report, is expected to record a 24.8% CAGR and reach US$1.2 Billion by the end of the analysis period. Growth in the PoE Lighting Software & Services segment is estimated at 32.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$114.4 Million While China is Forecast to Grow at 35.2% CAGR

The Power over Ethernet (PoE) Lighting market in the U.S. is estimated at US$114.4 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$389.6 Million by the year 2030 trailing a CAGR of 35.2% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 22.4% and 25.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 26.2% CAGR.

Global Power over Ethernet (PoE) Lighting Market - Key Trends & Drivers Summarized

What Is Power over Ethernet (PoE) Lighting and What Makes It Innovative?

Power over Ethernet (PoE) lighting systems integrate network technology with building lighting infrastructure, allowing electrical power and data to be carried over a single standard Ethernet cable. This innovation simplifies the installation process by reducing the need for additional electrical wiring and power sources, thereby lowering installation costs and enhancing design flexibility. PoE lighting systems are intelligent and can be integrated into a building`s managed IT network, enabling features such as programmable or sensor-driven operation, remote monitoring, and control. This smart integration facilitates energy efficiency, as the lighting can be adjusted based on occupancy or time of day, contributing significantly to reduced energy consumption and improved environmental performance.

How Does PoE Lighting Transform Commercial and Residential Spaces?

In commercial settings, PoE lighting systems offer significant advantages by integrating with other building management systems. This integration allows facility managers to control lighting, heating, ventilation, and air conditioning (HVAC) systems from a single interface, enhancing the overall operational efficiency. For residential applications, PoE lighting provides homeowners with unprecedented control over their home lighting environments through smart home technologies. Users can customize lighting scenes, adjust brightness, and color temperature to create desired ambiances, all while enjoying reduced energy costs due to the high efficiency of LED technologies combined with PoE`s power-saving capabilities.

What Technological Advancements Propel PoE Lighting Adoption?

Technological advancements are at the heart of the expansion in PoE lighting usage. Innovations in LED technology, network equipment, and software control systems have all contributed to the viability and attractiveness of PoE lighting solutions. LEDs provide high luminosity and long service life while consuming very little power, which perfectly complements the PoE delivery model. Additionally, advancements in networking gear such as switches and hubs have increased the power capabilities of PoE, allowing not just lighting but other devices to be powered over Ethernet. Software for network management has also evolved, offering more sophisticated analytics and control options that enhance the functionality of PoE lighting systems, such as automated responses to environmental changes.

The Growth in the PoE Lighting Market Is Driven by Several Factors.

The growth in the PoE lighting market is driven by several factors, including the increasing demand for energy-efficient lighting solutions and the rising adoption of smart home and building automation technologies. As buildings become smarter and more connected, the integration of lighting with other building systems becomes more feasible and desirable, both for energy management and for enhancing building functionality. Additionally, the growing awareness of the environmental impact of energy use in buildings has pushed for more sustainable solutions, which PoE lighting can provide. The push towards green building standards and the global movement towards energy efficiency in commercial and residential sectors further fuels the adoption of PoE lighting solutions. Moreover, the reduction in costs for network technologies and the increased availability of compatible devices are making PoE solutions more accessible and appealing to a broader market.

Select Competitors (Total 51 Featured) -

• Cisco Systems, Inc.
• Eaton Corporation PLC
• Advantech Co., Ltd.
• Leviton Manufacturing Co., Inc.
• Axis Communications AB
• Hubbell, Inc.
• Korenix Technology Co., Ltd.
• ALLNET GmbH
• Kinetic Technologies
• Enlighted Inc.
• Hewlett Packard Enterprise Development LP (HPE)
• Deco Lighting, Inc.
• Igor Inc.
• Color Kinetics
• Cree Lighting

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