Global Power Over Ethernet (POE) Lighting Market Size By Offering (Hardware, Software And Services), By Application (Commercial, Industrial, Residential), By Geographic Scope And Forecast

Power Over Ethernet (POE) Lighting Market Size And Forecast

Power Over Ethernet (POE) Lighting Market size was valued at USD 15.51 Billion in 2024 and is projected to reach USD 137.55 Billion by 2031, growing at a CAGR of 34.60% from 2024 to 2031.

The growing usage of PoE lighting solutions in commercial and healthcare applications, the increasing penetration and falling cost of , and the growing demand for affordable lighting solutions are the main factors driving the market’s growth. Improvements in POE standards for greater power, speed, and efficiency, rising adoption of automated systems, and rising demand for smart workplaces are all opportunities for the industry. The Global Power Over Ethernet (POE) Lighting Market report provides a holistic evaluation of the market. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market.

Global Power Over Ethernet (POE) Lighting Market Definition

PoE lighting is the ability to power light fixtures (also known as luminaires) and communicate data between the luminaire and the control software via an Ethernet wire. This implies that a single wire may power and control all of the network-connected fixtures. routers for networks. A small cluster of Ethernet ports is supported by a compact network switch put in distant rooms using a single uplink cable. The PD port receives PoE power. These switches could then use PoE pass-through to power distant PoE devices.

Global Power Over Ethernet (POE) Lighting Market Overview

PoE enables affordability for maintenance in addition to financial factors like installation costs. One certified electrician is sufficient to install and maintain the whole PoE network for PoE infrastructure. This lowers the entire cost, increasing the project’s return on investment. A Cisco study found that connections using electrical wiring for AC current cost 20% more than systems using PoE. Therefore, throughout the forecast period, the benefits of the PoE network’s cost-saving features are anticipated to propel the expansion of the worldwide power over the Power Over Ethernet (POE) Lighting Market.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Power Over Ethernet (POE) Lighting Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Power Over Ethernet (POE) Lighting Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Global Power Over Ethernet (POE) Lighting MarketSegmentation Analysis

The Global Power Over Ethernet (POE) Lighting Market is Segmented on the basis of Offering, Application, and Geography.

Power Over Ethernet (POE) Lighting Market, By Offering

• Hardware
• Software and Services

Based on Offering, the market is bifurcated into Hardware, and Software and Services. The Hardware segment is expected to inflate the market growth.

Power Over Ethernet (POE) Lighting Market, By Application

• Commercial
• Industrial
• Residential

Based on Application, the market is bifurcated into Commercial, Industrial, and Residential. In 2021, the commercial segment’s revenue contribution was significant. PoE lighting systems’ rising affordability and higher efficiency are the main drivers of this segment’s market revenue growth. Additionally, business buildings like retail stores, schools, and hospitals, among others, gain a lot from the energy efficiency and other benefits offered by PoE lighting solutions.

This is yet another important element boosting this market segment’s revenue growth. Operating safely is made possible by PoE lighting solutions and other devices. Additionally, building inhabitants can be alerted to emergencies like a severe weather threat or an invader using PoE-connected equipment like colored lights and electronic displays. Using a compatible security framework, users can also construct programs for various security circumstances.

Power Over Ethernet (POE) Lighting Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

On the basis of Regional Analysis, the Global Power Over Ethernet (POE) Lighting Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. During the projected period, North America is anticipated to account for the biggest market share. By incorporating technical improvements into their product portfolios, major companies like Hubbell Incorporated and Eaton Corp. will assist the market to flourish. The market expansion across the region would be expanded by increased investments of corporations in R&D.

Key Players

The “Global Power Over Ethernet (POE) Lighting Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Signify (Philips Lighting) (Netherlands), Hubbell Incorporated (US), Innovative Lighting (GENISYS) (US), Deco Lighting (US), Ideal Industries, Inc. (Cree) (US), Eaton Corp. (Ireland), Herbert Waldmann GmbH & Co. Kg (Waldmann Lighting) (Germany), H.E. Williams (US), NAME Energy Group (MHT Lighting) (US), Ubiquity Networks (US), and ALLNET GmbH. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• Onsemi, a company that specialises in intelligent power and sensing technologies, announced the release of two complete system solutions in June 2022 that support the most popular building automation network protocols, Power over Ethernet (PoE) and KNX.
• The NCN5140S is the first System-in-Package (SiP) certified by the KNX Association, simplifying the development of access and control panels.
• The Insight Managed WiFi 6 AX3000 Dual-band Multi-Gig PoE Access Point, the newest addition to NETGEAR®, Inc.’s managed wireless access point line, was unveiled in April 2022. (WAX615). The WAX615, which was designed for small and medium-sized companies (SMBs), offers the fastest dual-band, WiFi 6 multi-gig performance and coverage along with NETGEAR Insight remote cloud administration and the company’s own Instant Mesh functionality.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Report Scope

Research Methodology of Market Research