image

Power Over Ethernet Lighting (POE) Market Report Scope & Overview:

The Power Over Ethernet Lighting (POE) Market Size was valued at USD 415.4 Million in 2023 and is expected to reach USD 3537.4 Million by 2031 and grow at a CAGR of 30.7% over the forecast period 2024-2031.

Power Over Ethernet Lighting (PoE) refers to the utilization of an Ethernet connection for both powering light fixtures and transmitting data between the luminaire and the control software. This entails the use of a single wire to provide power and operate all network-connected fixtures. To achieve this, a compact network switch capable of supporting multiple Ethernet connections is connected to the network routers using a single uplink cable installed in distant rooms.

Power Over Ethernet Lighting (POE) Market Revenue Analysis

Get more information on Power Over Ethernet (POE) Lighting Market - Request Sample Report

The Power Sourcing Equipment (PSE) port delivers PoE power, which is received by the Powered Devices (PD) port. These switches may employ PoE LED pass-through to extend power to remote PoE devices. PoE lighting systems are increasingly being adopted in office buildings, warehouses, and retail facilities in the commercial and industrial sectors. They offer advantages such as reduced labor requirements and lower installation and maintenance costs due to the reduced need for Ethernet connections. The reuse of existing IT networking infrastructure is a key factor driving the adoption of these solutions in commercial environments. Furthermore, every device connected to an Ethernet connection and integrated into the PoE intelligent building automation platform receives an IP address, allowing it to be controlled and monitored by IoT and smart building management applications.

MARKET DYNAMICS:

KEY DRIVERS:

  • The rise in adoption within commercial and industrial sectors is attributed to reduced overheads and maintenance expenses.

Power over Ethernet (PoE) technology facilitates the provision of both power and network connectivity to devices via a single network cable, enabling end-users to transmit power and data from power-sourcing equipment (PSE), such as switches, directly to the network port of connected powered devices (PD), such as LED luminaires. PoE solutions streamline network installation and expansion, particularly in environments where installing new power lines is cost-prohibitive or impractical. Industries and commercial establishments, including office buildings, warehouses, and retail spaces, are increasingly embracing PoE-enabled solutions due to their advantages, including cost savings in installation and maintenance, reduced overall design and construction expenses, and minimized labor requirements owing to the reduced need for Ethernet cables. PoE is particularly favored in commercial applications due to the availability of data networking switches capable of supporting numerous endpoints.

RESTRAINTS:

  • The initial expenses associated with PoE equipment and accessories are significant.

Setting up a PoE network requires a substantial upfront investment primarily because of the elevated prices of Ethernet switches utilizing Power Sourcing Equipment (PSE) compared to conventional alternatives. Additionally, there are maintenance costs for power-sourcing equipment. Other essential components such as switches, injectors, splitters, Ethernet cables, and PoE jacks also contribute to the initial financial outlay. The procurement cost of these elements further contributes to the overall initial expenditure. This significant upfront cost stands as a prominent obstacle hindering the growth of the PoE lighting market. Although PoE networks may prove to be more cost-effective in the long term, uncertainty surrounding the return on investment acts as a deterrent.

OPPORTUNITIES:

  • Geographical opportunities in APAC and the Rest of the World.

  • Smart home and office & smart retail trends are on the rise.

  • Transitioning from traditional lighting to connected lighting solutions quickly.

Transitioning from traditional lighting to connected lighting solutions quickly signifies a notable trend in the lighting industry. With the advent of advanced technologies like Power over Ethernet (PoE) and the Internet of Things (IoT), there's a growing emphasis on integrating lighting systems with smart and connected features. Connected lighting solutions offer various benefits such as energy efficiency, enhanced control and automation, improved productivity, and greater flexibility in lighting design. Businesses and consumers are increasingly recognizing these advantages and are thus swiftly adopting connected lighting solutions to replace traditional lighting systems. This transition is reshaping the lighting market landscape, with manufacturers, suppliers, and service providers focusing more on developing and offering innovative connected lighting products and solutions to meet the evolving demands of customers. Moreover, government initiatives promoting energy efficiency and sustainability further accelerate the adoption of connected lighting solutions, driving the market toward a more interconnected and intelligent future.

CHALLENGES:

  • Transmission distance and power delivery rate are limited.

Getting power and data over long distances isn't as simple as just blasting a signal. Technologies like PoE and wireless charging face limitations due to factors like cables, source strength, and energy loss. This means there's a trade-off between distance and how much power or data can be delivered, forcing careful consideration during system design to ensure everything functions reliably.​​​​​​

IMPACT OF RUSSIAN-UKRAINE WAR

The Russia-Ukraine crisis on the Power Over Ethernet (PoE) Lighting Market is not explicitly outlined in available sources, insights can be gleaned from overall market trends. The market's growth is driven by various factors, including the expansion of hardware and software services across different wattage segments and applications, notably in commercial and industrial settings. Major market players such as Signify Holding, Hubbell Inc., and Cisco Systems are focusing on product innovations and expansions to bolster their market presence. Although the direct ramifications of the Russia-Ukraine crisis on the PoE Lighting Market are unspecified, the crisis has had global repercussions, disrupted supply chains, and caused economic uncertainty across industries. Geopolitical tensions may potentially impact the PoE Lighting Market by raising operational costs, disrupting supply chains, or altering market demand due to economic sanctions and other geopolitical factors. Close monitoring of the evolving situation is crucial to comprehensively assess its impact on the market.

IMPACT OF ECONOMIC SLOWDOWN

The specific impact of the ongoing global economic slowdown on the Power Over Ethernet (PoE) Lighting Market is not explicitly detailed in available sources, yet insights into market trends and growth factors provide potential insights into its influence. The PoE Lighting Market has experienced significant growth propelled by technological advancements and increasing demand across various sectors. One potential area of influence is the proliferation of Internet of Things (IoT) devices, a major driver for the PoE Lighting Market, as economic slowdowns may prompt adjustments in technology and infrastructure spending, potentially impacting IoT device adoption. However, the persistent demand for energy-efficient and cost-effective lighting solutions may sustain market growth, as PoE lighting systems offer energy efficiency and cost savings, aligning with sustainability trends. Regionally, the Asia Pacific market is positioned for higher growth rates, driven by infrastructural investments and commercial sector expansion, particularly in China with its strong manufacturing capabilities and rapid technology adoption. Nevertheless, global economic challenges could affect investment levels and technology adoption pace in this region. Additionally, government policies promoting energy efficiency and regulating telecommunications and spectrum allocation play a significant role in shaping market dynamics, either incentivizing PoE technology adoption or imposing regulations.

KEY MARKET SEGMENTS:

BY OFFERING

  • Hardware

  • Software

  • Services

The market division is categorized by Offering, Hardware, Software, and Services. The Hardware sector accounted for the largest portion, playing a significant role in the overall revenue generated by Power Over Ethernet Lighting worldwide.

Power-Over-Ethernet-Lighting-Market-Segmentation-By-Offering

BY WATTAGE

  • Up to 25 Watt

  • Above 25 Watt

​​​​​​​The market is categorized into two segments: Up to 25 Watt and Above 25 Watt. The segment for Above 25 Watt emerged as the market leader. This growth is attributed to advancements in PoE standards and increasing demand for lighting devices with higher power inputs. OEMs are actively developing integrated lighting systems that require higher input power, including increased brightness and illumination and support for more direct/indirect loads. The digital revolution is spawning a slew of new PoE systems and Internet of Things applications for lighting, plug loads, office workstations, device charging, and other uses.

Power-Over-Ethernet-Lighting-Market-Segmentation-By-Wattage

BY APPLICATION

  • Commercial

  • Residential

  • Industrial

  • Others

​​​​​​​​​​​​​​The market is divided into segments such as Commercial, Residential, Industrial, and Others. The Commercial segment stands out as the largest in the market. The adoption of PoE lighting in commercial establishments is fueled by growing efficiency and improving affordability.

Power-Over-Ethernet-Lighting-Market-Segmentation-By-Application

Need any customization research on Power Over Ethernet (POE) Lighting Market - Enquiry Now

REGIONAL ANALYSIS:

The Power over Ethernet Lighting Market is experiencing a significant surge in the Asia Pacific region. China is poised to lead the PoE lighting market in APAC due to several factors, including the availability of cost-effective land for manufacturing facilities and new commercial constructions, the presence of numerous lighting manufacturers, and the continuous expansion of commercial, industrial, and smart office buildings. China demonstrates a swift adoption of technology compared to other nations in the region and excels in lighting equipment production. In the foreseeable future, the rapid economic growth of countries like China, Japan, India, and South Korea is expected to propel the APAC PoE lighting market. Chinese cities offer incentives such as low-cost land, robust infrastructure, and a large workforce to attract investments for industrial expansion. North America ranks second in the Power over Ethernet lighting market, with the US, Canada, and Mexico serving as the main growth drivers. The PoE lighting sector is predominantly dominated by North America, driven by its strong technological presence and rapid adoption of key technologies, aimed at enhancing light quality and overall efficiency in the region.

Power-Over-Ethernet-Lighting-Market-By-Region​​​​​​​

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

KEY PLAYERS:

The key players in the power over ethernet lighting market are Wipro Lighting, Signify Holding, H.E. Williams, Siemon, Prolojik, Cisco Systems, Hubbell Inc, Herbert Waldmann, Ubiquiti Networks, Silvertel, ALLNet & Other Players.

Signify Holding-Company Financial Analysis

Company Landscape Analysis

RECENT DEVELOPMENT

In March 2021: Hubbell Control Solutions unveiled the introduction of the upgraded NX Distributed Intelligence Lighting Control Panel (NXP2 Series), designed to consolidate connection points within an enclosure. This user-friendly solution aims to streamline installation processes, thereby reducing the time and costs associated with deploying lighting control systems compliant with regulatory codes.

In March 2021: Hubbell Lighting announced a collaboration with LightAZ, a luminaire manufacturing company based in Illinois, US.

Power Over Ethernet (POE) Lighting Market Report Scope:

Report Attributes Details
Market Size in 2023 US$ 415.4 Million
Market Size by 2031 US$ 3537.4 Million
CAGR

CAGR of 30.07% From 2024 to 2031

Base Year 2023
Forecast Period 2024-2031
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (HD Camera, SD Camera)
• By Resolution (12 MP, 12 To 20 MP, 20 To 32 MP, 32 MP And Above)
• By Application (Thermal Imaging, Photography & Videography, Surveillance)
• By End User (Commercial, Homeland Security, Military)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Wipro Lighting, Signify Holding, H.E. Williams, Siemon, Prolojik, Cisco Systems, Hubbell Inc, Herbert Waldmann, Ubiquiti Networks, Silvertel and ALLNet.
Key Drivers The rise in adoption within commercial and industrial sectors is attributed to reduced overheads and maintenance expenses.
Restraints The initial expenses associated with PoE equipment and accessories are significant.

Frequently Asked Questions

The Power Over Ethernet Lighting Market was valued at USD 415.4 Million in 2023.

The expected CAGR of the global Power Over Ethernet Lighting Market during the forecast period is 30.7%.

The market's growth is primarily driven by the rising adoption of PoE lighting solutions in the commercial sector, the wider availability and decreasing costs of LED technology, and the increasing demand for cost-effective lighting solutions. 

 The Hardware Sector is leading segment in the market revenue share in 2023.

 The Asia Pacific region commanded the largest portion of the Power Over Ethernet Lighting Market.

TABLE OF CONTENTS

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Industry Flowchart

 

3. Research Methodology

 

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

 

5. Impact Analysis

5.1 Impact of Russia-Ukraine Crisis

5.2 Impact of Economic Slowdown on Major Countries

5.2.1 Introduction

5.2.2 United States

5.2.3 Canada

5.2.4 Germany

5.2.5 France

5.2.6 UK

5.2.7 China

5.2.8 Japan

5.2.9 South Korea

5.2.10 India

 

6. Value Chain Analysis

 

7. Porter’s 5 Forces Model

 

8.  Pest Analysis

 

9. Power Over Ethernet Lighting Market, By Offering

9.1 Introduction

9.2 Trend Analysis

9.3 Hardware

9.4 Software

9.5 Services

10. Power Over Ethernet Lighting Market, By Wattage

10.1 Introduction

10.2 Trend Analysis

10.3 Up to 25 Watt

10.4 Above 25 Watt

11. Power Over Ethernet Lighting Market, By Application

11.1 Introduction

11.2 Trend Analysis

11.3 Commercial

11.4 Residential

11.5 Industrial

11.6 Others

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Eastern Europe

12.3.1.1 Poland

12.3.1.2 Romania

12.3.1.3 Hungary

12.3.1.4 Turkey

12.3.1.5 Rest of Eastern Europe

12.3.2 Western Europe

12.3.2.1 Germany

12.3.2.2 France

12.3.2.3 UK

12.3.2.4 Italy

12.3.2.5 Spain

12.3.2.6 Netherlands

12.3.2.7 Switzerland

12.3.2.8 Austria

12.3.2.9 Rest of Western Europe

12.4 Asia-Pacific

12.4.1 China

12.4.2 India

12.4.3 Japan

12.4.4 South Korea

12.4.5 Vietnam

12.4.6 Singapore

12.4.7 Australia

12.4.8 Rest of Asia Pacific

12.5 The Middle East & Africa

12.5.1 Middle East

12.5.1.1 UAE

12.5.1.2 Egypt

12.5.1.3 Saudi Arabia

12.5.1.4 Qatar

12.5.1.5 Rest of the Middle East

11.5.2 Africa

12.5.2.1 Nigeria

12.5.2.2 South Africa

12.5.2.3 Rest of Africa

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Colombia

12.6.4 Rest of Latin America

 

13. Company Profiles

 

13.1 Wipro Lighting

13.1.1 Company Overview

13.1.2 Financial

13.1.3 Products/ Services Offered

13.1.4 SWOT Analysis

13.1.5 The SNS View

13.2 Signify Holding

13.2.1 Company Overview

13.2.2 Financial

13.2.3 Products/ Services Offered

13.2.4 SWOT Analysis

13.2.5 The SNS View

13.3 H.E. Williams

13.3.1 Company Overview

13.3.2 Financial

13.3.3 Products/ Services Offered

13.3.4 SWOT Analysis

13.3.5 The SNS View

13.4 Siemon, Prolojik

13.4.1 Company Overview

13.4.2 Financial

13.4.3 Products/ Services Offered

13.4.4 SWOT Analysis

13.4.5 The SNS View

13.5 Cisco Systems

13.5.1 Company Overview

13.5.2 Financial

13.5.3 Products/ Services Offered

13.5.4 SWOT Analysis

13.5.5 The SNS View

13.6 Hubbell Inc

13.6.1 Company Overview

13.6.2 Financial

13.6.3 Products/ Services Offered

13.6.4 SWOT Analysis

13.6.5 The SNS View

13.7 Herbert Waldmann

13.7.1 Company Overview

13.7.2 Financial

13.7.3 Products/ Services Offered

13.7.4 SWOT Analysis

13.7.5 The SNS View

13.8 Ubiquiti Networks

13.8.1 Company Overview

13.8.2 Financial

13.8.3 Products/ Services Offered

13.8.4 SWOT Analysis

13.8.5 The SNS View

13.9 Silvertel

13.9.1 Company Overview

13.9.2 Financial

13.9.3 Products/ Services Offered

13.9.4 SWOT Analysis

13.9.5 The SNS View

13.10 ALLNet

13.10.1 Company Overview

13.10.2 Financial

13.10.3 Products/ Services Offered

13.10.4 SWOT Analysis

13.10.5 The SNS View

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments

            14.3.1 Industry News

            14.3.2 Company News

            14.3.3 Mergers & Acquisitions

 

15. Use Case and Best Practices

 

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone