Global Power Over Ethernet Lighting Market Size-By Offering, By Wattage, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Power Over Ethernet Lighting Market 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%. Power over Ethernet lighting systems greatly lengthen bulb life, improve light quality, and cut down on energy costs. On a PoE lighting platform, Ethernet connections are utilised to transmit data between the luminaire and the control software and to power lights. Additionally, they use motion sensors to detect human presence and signal network turnoff when not in use to gather data, such as the location of a campus. PoE smart technology, which connects LED light sources to the internet, allows end users to remotely access lighting systems and platforms.
Impact of COVID-19 on the Global Power Over Ethernet Lighting MarketThe global market for Power over Ethernet (PoE) lighting has been significantly impacted by the COVID-19 pandemic. PoE lighting is a type of technology that facilitates the powering and management of lighting systems through Ethernet cables, providing advantages such as cost-effectiveness, energy efficiency, and simplified installation and control. One of the foremost repercussions of the pandemic on the PoE lighting market has been a decline in demand as a result of disruptions in the construction and refurbishment sectors, which are critical factors driving the market.
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 ApplicationRegions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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
Global Power Over Ethernet Lighting Market Segmentation:By Offering: Based on the Offering, Global Power Over Ethernet Lighting Market is segmented as; Hardware (LED Luminaries, Lighting Control), Software.
By Application: Based on the Application, Global Power Over Ethernet Lighting Market is segmented as; Commercial, Industrial, Residential, others
By Region: The global power over ethernet lighting market report covers Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom, and the United States.