Power Over Ethernet Lighting Market - By Component (Hardware, Software), By Wattage (Up To 25 Watts, Above 25 Watts), By End Use (Commercial, Industrial, Residential) & Forecast, 2024 - 2032

Power Over Ethernet Lighting Market - By Component (Hardware, Software), By Wattage (Up To 25 Watts, Above 25 Watts), By End Use (Commercial, Industrial, Residential) & Forecast, 2024 - 2032

Global Power Over Ethernet Lighting Market size will witness over 19% CAGR between 2024 and 2032, fueled by the proliferation of product launches from leading companies. As the adoption of PoE technology continues to expand across various sectors, including commercial, industrial, and residential, leading companies are capitalizing on this trend by introducing innovative PoE lighting solutions. For instance, in January 2024, Ikan introduced its Lyra PoE (Power-Over-Ethernet) studio lights, revolutionizing studio setups with streamlined connectivity. Utilizing a single RJ45 Cat6 cable, these lights offer both power and seamless DMX control, promising to simplify installations and reduce cable clutter.

These product launches cater to the increasing demand for energy-efficient and connected lighting systems while offering enhanced functionalities such as remote monitoring, automation, and energy management. Additionally, the growing awareness of the benefits of PoE lighting, such as simplified installation, reduced energy consumption, and cost savings, further drives market demand. As a result, the PoE lighting market experiences accelerated growth, propelled by the continuous innovation and product offerings from leading companies.

The overall Power Over Ethernet Lighting Industry is classified based on the component, wattage, end-use, and region.

The industrial segment will record a dominating market share from 2024 to 2032. By leveraging PoE technology, industrial facilities can streamline lighting management, reduce energy consumption, and enhance operational efficiency. The convenience of powering and controlling lighting fixtures through Ethernet cables appeals to industrial users looking to optimize their lighting systems while minimizing maintenance and infrastructure costs. As a result, the demand for PoE lighting solutions from industrial end-users continues to grow steadily, driving market expansion within the industry.

Power over ethernet lighting market share from the software segment will showcase an appreciable CAGR from 2024 to 2032. As lighting systems become more sophisticated, software plays a crucial role in controlling and managing PoE lighting networks. Advanced software solutions enable users to customize lighting schedules, adjust brightness levels, and monitor energy usage remotely. Additionally, software integration facilitates seamless compatibility with building management systems, enhancing overall efficiency and functionality. As businesses prioritize smart lighting solutions, the demand for software components in the PoE lighting industry continues to rise, driving innovation and expansion within the market.

Asia Pacific power over ethernet lighting market will record a commendable growth rate by 2032. Governments and businesses across Asia-Pacific are investing in energy-efficient lighting solutions to reduce carbon emissions and improve sustainability. PoE lighting offers a cost-effective and flexible solution for meeting these objectives, with its ability to integrate seamlessly into smart building infrastructure. As a result, the demand for PoE lighting in Asia-Pacific is growing steadily, fueling market expansion and driving innovation in the region's lighting industry.