Global Power Over Ethernet (PoE) Lighting Market Size Study, by Offering (Hardware, Software, Services), by Wattage (Above 25 Watt, Upto 25 Watt), by Application (Industrial, Commercial, Residential) and Regional Forecasts 2022-2032

Description

The Global Power Over Ethernet (PoE) Lighting Market is valued at approximately USD 800 million in 2023 and is anticipated to grow with a healthy growth rate of more than 30.2% over the forecast period 2024-2032. Power over Ethernet (PoE) lighting delivers power and network connectivity to devices through a single network cable, simplifying and reducing the cost of network installation and growth. This innovative technology is gaining traction across various sectors, including residential, commercial, and industrial, due to its numerous benefits such as lower installation and maintenance costs, reduced design and construction expenses, and decreased labor effort due to fewer Ethernet cables required. PoE lighting solutions are particularly advantageous in smart homes, enabling homeowners to remotely control and manage their home environments, thereby enhancing convenience and energy efficiency.

The market is experiencing significant growth driven by several factors. The rising demand for energy-efficient lighting solutions in residential, commercial, and industrial sectors is propelling the deployment of PoE lighting. The advancements in PoE technology have further enhanced its capabilities, making it a preferred choice for smart building applications. However, the high upfront costs associated with PoE equipment and accessories pose a challenge to market growth. The initial investment in Power Sourcing Equipment (PSE) and additional apparatus such as switches, injectors, splitters, and Ethernet cables increases the overall cost, which can be a barrier to adoption.

Key regions considered in the Power Over Ethernet (PoE) Lighting Market study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. the Asia Pacific region acquired a Largest revenue share in 2023, driven by substantial investments in IoT and connectivity for manufacturers in both rural and urban areas. China, in particular, is anticipated to become a significant market for PoE lighting solutions. The North American region, comprising the US, Canada, and Mexico, is also expected to witness fastest growth due to the rising adoption of PoE technology in commercial and industrial applications.

Major market players included in this report are:

ALLNET GmbH
Axis Lighting, Inc.
Cisco Systems, Inc.
Herbert Waldmann GmbH & Co. KG
Hubbell Incorporated
Koch Industries
Signify N.V.
Wipro Lighting (Wipro Enterprises Private Limited)
H. E. Williams
Ideal Industries, Inc.
H.E. Williams
Hubbell Incorporated
Signify N.V.
Cisco Systems, Inc.
Axis Lighting, Inc.

The detailed segments and sub-segment of the market are explained below:

By Offering

Hardware
Software
Services

By Wattage

Above 25 Watt
Upto 25 Watt

By Application

Industrial
Commercial
Residential

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Singapore
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa

Years considered for the study are as follows:

Historical year -2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2030.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Power Over Ethernet (PoE) Lighting Market Executive Summary

1.1. Global Power Over Ethernet (PoE) Lighting Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Offering
- 1.3.2. By Wattage
- 1.3.3. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Power Over Ethernet (PoE) Lighting Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Power Over Ethernet (PoE) Lighting Market Dynamics

3.1. Market Drivers
- 3.1.1. Low operating costs propelling deployment in commercial and industrial use cases
- 3.1.2. Advancements in PoE technology
3.2. Market Challenges
- 3.2.1. High upfront PoE equipment and accessory costs
3.3. Market Opportunities
- 3.3.1. Integration with smart home automation systems
- 3.3.2. Increasing investment in IoT and connectivity

Chapter 4. Global Power Over Ethernet (PoE) Lighting Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Power Over Ethernet (PoE) Lighting Market Size & Forecasts by Offering 2022-2032

5.1. Segment Dashboard
5.2. Global Power Over Ethernet (PoE) Lighting Market: Offering Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Hardware
- 5.2.2. Software
- 5.2.3. Services

Chapter 6. Global Power Over Ethernet (PoE) Lighting Market Size & Forecasts by Wattage 2022-2032

6.1. Segment Dashboard
6.2. Global Power Over Ethernet (PoE) Lighting Market: Wattage Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Above 25 Watt
- 6.2.2. Upto 25 Watt

Chapter 7. Global Power Over Ethernet (PoE) Lighting Market Size & Forecasts by Application 2022-2032

7.1. Segment Dashboard
7.2. Global Power Over Ethernet (PoE) Lighting Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Industrial
- 7.2.2. Commercial
- 7.2.3. Residential

Chapter 8. Global Power Over Ethernet (PoE) Lighting Market Size & Forecasts by Region 2022-2032

8.1. North America Power Over Ethernet (PoE) Lighting Market
- 8.1.1. U.S. Power Over Ethernet (PoE) Lighting Market
  - 8.1.1.1. Offering breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Wattage breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Application breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Power Over Ethernet (PoE) Lighting Market
- 8.1.3. Mexico Power Over Ethernet (PoE) Lighting Market
- 8.1.4. Rest of North America Power Over Ethernet (PoE) Lighting Market
8.2. Europe Power Over Ethernet (PoE) Lighting Market
- 8.2.1. UK Power Over Ethernet (PoE) Lighting Market
- 8.2.2. Germany Power Over Ethernet (PoE) Lighting Market
- 8.2.3. France Power Over Ethernet (PoE) Lighting Market
- 8.2.4. Russia Power Over Ethernet (PoE) Lighting Market
- 8.2.5. Spain Power Over Ethernet (PoE) Lighting Market
- 8.2.6. Italy Power Over Ethernet (PoE) Lighting Market
- 8.2.7. Rest of Europe Power Over Ethernet (PoE) Lighting Market
8.3. Asia Pacific Power Over Ethernet (PoE) Lighting Market
- 8.3.1. China Power Over Ethernet (PoE) Lighting Market
- 8.3.2. Japan Power Over Ethernet (PoE) Lighting Market
- 8.3.3. India Power Over Ethernet (PoE) Lighting Market
- 8.3.4. South Korea Power Over Ethernet (PoE) Lighting Market
- 8.3.5. Singapore Power Over Ethernet (PoE) Lighting Market
- 8.3.6. Malaysia Power Over Ethernet (PoE) Lighting Market
- 8.3.7. Rest of Asia Pacific Power Over Ethernet (PoE) Lighting Market
8.4. LAMEA Power Over Ethernet (PoE) Lighting Market
- 8.4.1. Brazil Power Over Ethernet (PoE) Lighting Market
- 8.4.2. Argentina Power Over Ethernet (PoE) Lighting Market
- 8.4.3. UAE Power Over Ethernet (PoE) Lighting Market
- 8.4.4. Saudi Arabia Power Over Ethernet (PoE) Lighting Market
- 8.4.5. South Africa Power Over Ethernet (PoE) Lighting Market
- 8.4.6. Nigeria Power Over Ethernet (PoE) Lighting Market
- 8.4.7. Rest of LAMEA Power Over Ethernet (PoE) Lighting Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. ALLNET Gmbh
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Axis Lighting, Inc.
- 9.3.3. Cisco Systems, Inc.
- 9.3.4. Herbert Waldmann GmbH & Co. KG
- 9.3.5. Hubbell Incorporated
- 9.3.6. Koch Industries
- 9.3.7. Signify N.V.
- 9.3.8. Wipro Lighting (Wipro Enterprises Private Limited)
- 9.3.9 H. E. Williams
- 9.3.10. Ideal Industries, Inc.
- 9.3.11. H.E. Williams
- 9.3.12. Hubbell Incorporated
- 9.3.13. Signify N.V.
- 9.3.14. Cisco Systems, Inc.
- 9.3.15. Axis Lighting, Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes