Power Over Ethernet (POE) Lighting Market

Introduction:

Welcome to Power Over Ethernet (POE) Lighting Marketplace, your definitive source for insight into transformative Power Over Ethernet (PoE) lighting technology. In an era where digitization and energy efficiency are of utmost importance, PoE has emerged as a game changer in the lighting industry. Originally designed for data networks, PoE now extends its capabilities to LED lighting systems, offering a simplified approach to a lighting infrastructure that seamlessly integrates with modern IT ecosystems. 

Power Over Ethernet (POE) Lighting Market

Size, by Product, - (USD Billion)

Power Sourcing Equipment Controllers

Powered Device Controllers & Ics

Others

Other Products

The Market will Grow

At the CAGR of:

26.60%

The Forecast Market

Size for in USD:

$51.09 Billion

Global Power Over Ethernet (POE) Lighting Market Size Was Estimated At USD 15.51 Billion In 2023 And Is Projected To Reach USD 51.09 Billion By 2032, Exhibiting A CAGR Of 26.60% During The Forecast Period (2024-2032)

PoE lighting works on the principle of transmitting both power and data through standard Ethernet cables, usually Cat5e or Cat6 cables. This eliminates the need for separate power leads for each light, which simplifies installation, lowers costs and increases flexibility in lighting design. In addition, PoE enables centralized control and monitoring of lighting systems via networked devices, enabling smart lighting solutions that can adapt in real time to changing needs and preferences. The market for PoE lighting is expanding rapidly as industry and businesses realize its potential to change the way spaces are lit and managed. From commercial buildings that reduce energy consumption and operating costs to healthcare facilities that prioritize patient comfort and safety, PoE lighting offers customized solutions to meet the different requirements of different sectors.

Market Overview:

The Power Over Ethernet (POE) Lighting Market report represents the collected information about the industry or the market of different industries. The Power Over Ethernet (POE) Lighting market report contains both quantitative and qualitative data analysis and the forecast period of the report is from 2023 to 2030. Various factors such as product price, product or service penetration at both country and regional level, country GDP , parent market and sub-market market dynamics, end-use industry, key players, consumer buying behavior, economic, political, social scenarios of countries. and many more are considered in the report. The report is divided into various segments to provide a detailed analysis of the market from all possible aspects. The overall report focuses on key sections such as - market segments, market outlook, competitive landscape and company profiles. Segments provide details on various aspects such as end-use industry, product or service types, and any other relevant segmentation as per the current market scenario, which includes various aspects to carry out downstream marketing activities. The market outlook section includes a detailed analysis of market developments, growth drivers, restraints, opportunities and challenges, Porter's 5 Force framework, macroeconomic analysis, value chain analysis and pricing analysis that directly affect the market currently and during the forecast period. Drivers and constraints include the internal factors of the market, while opportunities and challenges are the external factors that affect the market. The market outlook section also provides indications of trends affecting the development of new companies and investment opportunities.

Market Trends:

• Rapid Adoption in Commercial Buildings
• Integration with Smart Building Solutions
• Focus on Energy Efficiency and Sustainability
• Expansion into Healthcare and Educational Facilities
• Advancements in PoE Technology
• Demand for Integrated Lighting Controls
• Emerging Trends in Workplace Optimization
• Cost Reduction and Simplified Installation
• Security and Data Integration
• Market Expansion in Developing Regions

Market Drivers:

• Energy Efficiency Regulations
• Integration with IoT and Smart Building Technologies
• Cost Savings
• Flexibility and Scalability
• Demand for Connected Lighting Solutions
• Enhanced Control and User Experience
• Support for Green Building Initiatives
• Technological Advancements in PoE
• Growing Adoption in Specific Verticals
• Demand for Future-Proof Infrastructure

Market Restraining Factors:

Upfront Investment Costs: The upfront costs associated with deploying PoE infrastructure and compatible lighting can be higher than traditional lighting systems, which can be a barrier to initial adoption.

Compatibility and interoperability issues: Ensuring compatibility between different PoE components (switches, controllers, lights) and existing IT infrastructure can be difficult, which can delay implementation.

Limited power transmission capacity: Although PoE standards have advanced (eg IEEE 802.3bt), for high-power applications or large-scale deployments, there may still be power transmission capacity limitations that limit use in certain scenarios.

Network Security Issues: Integrating lighting systems into IT networks for PoE connections raises cybersecurity issues that require effective safeguards against unauthorized use and data breaches.

Complexity of installation and maintenance: Despite the simplified wiring, PoE lighting systems can require special knowledge of installation, setup and ongoing maintenance, which adds complexity.

Power Over Ethernet (POE) Lighting Market

Share, by end user, (USD Billion)

15.51 Billion%

Public Space

Office and Industrial

Shopping Malls

Hotels

Other End-Users

51.09 Billion

Total Market Size

USD (Billion),

26.60%

CAGR

-

Key Market Opportunities:

• Expansion in Smart Cities and Infrastructure
• Integration with IoT and Building Automation
• Demand for Workplace Optimization
• Healthcare and Hospitality Sector Adoption
• Educational and Institutional Settings
• Energy Management and Sustainability Initiatives
• Customized Solutions for Vertical Markets
• Advancements in PoE Technology
• Emerging Markets and Infrastructure Development
• Partnerships and Collaborations

Key Players:

• Akros Silicon, Inc.
• Cisco Systems, Inc.
• Eaton lighting
• GENISYS PoE Lighting Systems
• Igor, Inc.
• Maxim Integrated Products, Inc.
• NuLEDs, Inc.
• Platformatics INC.
• Signify Holding (Philips)
• Texas Instruments Incorporated.

Recent Development:

16^th MAY 2023 Akros Silicon was a fabless semiconductor company with products focused on managing power use. Akros silicon develops intelligent energy management ICs, which integrate high voltage digital isolation and discrete components into a single device. Akros managed to raise $47M before it got acquired by San Jose based Kinetic Technologies in September

14^th JUNE 2024 - NuLEDs Power over Ethernet (PoE) intelligent controls plug into a standard Ethernet switch, and is controlled through management software by NuLEDs or one of our partners. Wall switches and sensors plug into any fixture, and can control devices on the network.

Power Over Ethernet (POE) Lighting Market

Size, by Product, - (USD Billion)

The Market will Grow

At the CAGR of:

26.60%

The Forecast Market

Size for in USD:

$51.09 Billion

Key Market Insights:

Growing demand for energy efficiency: PoE lighting systems are becoming increasingly popular due to their energy-saving features, which meet global efforts to build sustainability and energy efficiency.

Integration with IoT control innovation: Integrating PoE lighting into IoT platforms enables advanced features such as remote monitoring, real-time data analysis and automatic lighting control, improving operational efficiency and user experience.

Design and Installation Flexibility: PoE technology offers flexibility in lighting design and installation, allowing for easier reconfiguration, scalability and lower installation costs compared to traditional cabling methods.

Advanced user control and customization: Users can enjoy detailed control of lighting settings, including dimming, color tuning and timing, improving comfort, productivity and well-being in a variety of environments.

Lifetime Cost Savings: Although initial investment costs may be higher, PoE lighting systems offer long-term cost savings through lower energy consumption, lower maintenance costs and potential operational efficiencies.

Market Segmentation:

By Type

• Power Sourcing Equipment Controllers & ICs
• Powered Device Controllers & Ics

By Application

• Public Space
• Office and Industrial
• Shopping Malls and Hotels

By Geographical

• North America
• Europe
• Asia Pacific
• Middle East & Africa

• Latin America

  Power Over Ethernet (POE) Lighting Market TO (USD BN)

  

  CAGR OF

  26.60%

  Power Over Ethernet (POE) Lighting Market

  

  51.09 Billion%

Stakeholders in the Power Over Ethernet (POE) Lighting Market can include: 

• PoE Lighting System Manufacturers
• IT Infrastructure Providers
• Building Owners and Facility Managers
• Architects and Lighting Designers
• IoT Platform Developers
• Electrical Contractors
• Energy Management Consultants
• Regulatory Bodies and Standards Organizations
• End-users and Occupants
• Industry Associations and Trade Groups

Conclusion:

In conclusion, the Power Over Ethernet (PoE) lighting market represents a change in the approach to lighting infrastructure. Leveraging the capabilities of Ethernet cables to transmit both power and data, PoE technology offers unprecedented flexibility, energy efficiency and intelligent control capabilities for a variety of industries and applications. In this blog, we explored how PoE lighting systems are revolutionizing commercial buildings, healthcare facilities, educational institutions and more. From improving workplace productivity and comfort to supporting sustainability initiatives and seamlessly integrating with IoT platforms, PoE lighting sets new standards for modern lighting solutions. The market is poised for significant growth thanks to the advancement of PoE technology, the expansion of IoT ecosystems and the growing demand for energy-efficient building solutions. As stakeholders continue to innovate and collaborate, the potential for PoE lighting to optimize operational efficiency, reduce costs and create dynamic lighting environments is changing. Looking ahead, the future of PoE lighting promises new innovations, deeper integration with smart building technologies and wider adoption in global markets. As industry leaders, architects, facility managers and technology providers embrace PoE lighting solutions, they are paving the way for sustainable, connected and intelligent lighting systems that meet the changing needs of modern buildings and communities.