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. Devices are powered by PoE over a single network cable. With this technology, end users can transmit data and power directly from power source equipment, such as switches, to the network port of linked powered devices, like LED luminaires. PoE solutions increase the efficiency of network installation and growth, particularly in structures where laying additional power lines would be prohibitively expensive or challenging. Power over ethernet (PoE) lighting is becoming more popular in the commercial and industrial sectors due to low maintenance costs, among other things. Lighting products with PoE support are inexpensive and easy to install. The high initial costs of PoE equipment and accessories are a major barrier to the growth of the PoE lighting sector. The market for power over ethernet (PoE) lighting will expand as a result of rising demand for smart workplaces, automated systems, and power and efficiency. These factors will also create enormous potential.

The Power over Ethernet (PoE) lighting market is an expanding industry on a global scale, which facilitates the powering and management of lighting systems using Ethernet cables. The technology provides advantages such as energy efficiency, reduced costs, and ease of installation and control.

The market growth is stimulated by several factors, including the growing demand for energy-efficient lighting systems, the widespread adoption of smart building technologies, and the increasing need for affordable and easily manageable lighting solutions. Furthermore, the rising emphasis on decreasing carbon emissions and enhancing sustainability is also a driving force behind the market growth.

Impact of COVID-19 on the Global Power Over Ethernet Lighting Market

The 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. Due to the pandemic, many companies and organizations have either scaled back their operations or ceased operations completely, leading to a reduced need for new building constructions or renovations, and, therefore, less demand for PoE lighting systems.

However, the pandemic has also produced some positive outcomes for the market. With more people working from home and spending more time indoors, there has been a greater emphasis on enhancing indoor air quality and lighting, which may increase the demand for PoE lighting systems in residential and small business environments.

Furthermore, the pandemic has expedited the implementation of smart building technologies, including PoE lighting systems, as businesses and organizations strive to boost their building automation and management capabilities to enhance energy efficiency, safety, and comfort.

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 Application

Regions 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 Wattage: Based on the Wattage, Global Power Over Ethernet Lighting Market is segmented as; Above 25 Watt, Up to 25 Watt.

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.