|
Forecast
Period
|
2024-2028
|
|
Market
Size (2022)
|
USD
589.3 Million
|
|
CAGR
(2023-2028)
|
30.25%
|
|
Fastest
Growing Segment
|
Software
|
|
Largest
Market
|
North
America
|
Market Overview
Global Power Over Ethernet Lighting Market was
valued at USD 589.3 Million in 2022 and is anticipated to project robust growth
in the forecast period with a CAGR of 30.25%through 2028.
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.
Key Market Drivers
Proliferation of IoT
Devices
The proliferation of
Internet of Things (IoT) devices across various industries has become a
significant driver of the global Power over Ethernet (PoE) Ethernet Lighting market.
IoT devices, ranging from surveillance cameras and access points to smart
sensors, often rely on PoE technology for both data connectivity and power
supply. PoE simplifies the deployment of these devices by eliminating the need
for separate power cables and outlets. This not only reduces installation costs
but also enhances flexibility, making it easier to position IoT devices in
locations that may lack convenient access to electrical outlets.
As the IoT ecosystem
continues to expand, the demand for PoE Ethernet Lighting is on the rise. IoT
applications are becoming increasingly prevalent in sectors like manufacturing,
healthcare, and smart cities, all of which rely heavily on PoE to power and
connect their devices. This trend is expected to persist, driving sustained growth
in the PoE market.
Energy Efficiency and Cost
Savings
Energy efficiency and cost
savings have become paramount concerns for businesses and organizations
worldwide. PoE technology aligns with these concerns by reducing power
consumption and promoting sustainability. By transmitting both data and power
over a single Ethernet cable, PoE eliminates the need for additional power
cords and reduces energy wastage. This not only simplifies infrastructure but
also lowers energy bills, making PoE an attractive option for cost-conscious
enterprises.
The green technology
movement has further bolstered PoE adoption, particularly in sectors like smart
buildings and LED lighting. PoE lighting Ethernet Lighting , for example, are known for
their energy efficiency, controllability, and long-term cost savings. As more
businesses prioritize sustainability and energy conservation, PoE's
energy-efficient features will continue to drive its market growth.
Advancements in PoE
Standards
Advancements in PoE
standards have played a pivotal role in expanding the market. With each new
standard, PoE becomes more versatile and capable of delivering higher power
levels. Standards like IEEE 802.3af (PoE), IEEE 802.3at (PoE+), and IEEE
802.3bt (PoE++) have extended the range of PoE applications, making it suitable
for a wide array of devices and industries.
The introduction of higher
power levels, in particular, has opened doors to new possibilities. PoE++
allows for the powering of high-demand devices such as pan-tilt-zoom (PTZ)
cameras, 4K displays, and advanced access points. These advancements make PoE an
increasingly attractive solution across diverse sectors, from industrial
automation to retail, contributing to its market expansion.
Growing Demand for Smart
Buildings
The concept of smart
buildings, equipped with intelligent systems for energy management, security,
and automation, has gained substantial momentum globally. PoE is an essential
enabler of smart building Ethernet
Lighting as it powers devices like lighting controls, IP cameras, and occupancy
sensors. PoE's ability to consolidate power and data transmission over a single
cable simplifies installation, reduces maintenance costs, and enhances overall
efficiency.
As businesses and
organizations seek to create more sustainable and connected environments, the
demand for PoE Ethernet Lighting in the smart building sector is expected to
grow. PoE-driven smart lighting offers significant energy savings and
controllability, making it a key driver for market expansion.
Rise in Remote Working and
Telecommuting
The rise of remote working
and telecommuting, accelerated by global events like the COVID-19 pandemic, has
necessitated robust and flexible network infrastructures. PoE plays a vital
role in supporting remote work by powering devices such as IP phones, Wi-Fi
access points, and video conferencing equipment.
To adapt to the new normal
of remote work, organizations are investing in PoE Ethernet Lighting that
ensure reliable connectivity and power supply for remote employees. The demand
for PoE-powered devices and infrastructure to support remote work is expected
to persist even as traditional office settings evolve, contributing to market
growth.
Increased Adoption in Healthcare
The healthcare sector has
recognized the benefits of PoE in enhancing patient care and operational
efficiency. PoE technology is widely used to power critical devices in
healthcare facilities, including nurse call systems, medical imaging equipment,
and monitoring devices. PoE ensures uninterrupted power supply to these
devices, reducing the risk of critical failures and improving patient safety.
Additionally, PoE simplifies infrastructure by consolidating power and data
transmission, resulting in lower installation and maintenance costs—a
significant factor for budget-conscious healthcare institutions. As the
healthcare industry continues its digital transformation, the adoption of PoE Ethernet
Lighting is expected to increase, driving market growth. The reliance on PoE in
healthcare extends to telemedicine and remote patient monitoring, making it a
vital technology for modern healthcare delivery.
In conclusion, the global
Power over Ethernet (PoE) Ethernet Lighting market is driven by the
proliferation of IoT devices, energy efficiency, advancements in PoE standards,
smart building initiatives, remote working trends, and increased adoption in
healthcare. These drivers collectively contribute to the market's expansion and
underscore the versatility and relevance of PoE technology in a wide range of
industries.
Energy Efficiency Standards
and Incentives
Government policies aimed
at promoting energy efficiency play a crucial role in shaping the PoE Ethernet
Lighting market. Many governments worldwide have implemented stringent energy
efficiency standards and regulations to reduce energy consumption and combat
climate change. These policies often incentivize businesses and industries to
adopt energy-efficient technologies like PoE.
For instance, governments
may offer tax incentives, grants, or rebates to organizations that invest in
PoE Ethernet Lighting to reduce their
energy usage. By aligning with energy efficiency goals, PoE technology helps
organizations comply with these policies while also reducing their operational
costs. Such government initiatives encourage the adoption of PoE Ethernet Lighting across various sectors, from
smart buildings to industrial automation, contributing to market growth.
Cybersecurity and Data
Privacy Regulations
As PoE Ethernet Lighting play a pivotal role in
powering and connecting critical devices, government policies related to
cybersecurity and data privacy are increasingly important. Governments
worldwide have implemented strict regulations to protect sensitive data and
prevent cyber threats. These policies mandate organizations to secure their
network infrastructure, including PoE-powered devices, to safeguard against
potential breaches.
Government policies may
require organizations to adhere to specific cybersecurity standards or invest
in secure PoE equipment. Compliance with these regulations not only enhances
data security but also bolsters trust among customers and partners. Failure to
comply with these policies can result in hefty fines and legal consequences,
compelling organizations to prioritize cybersecurity in their PoE deployments.
Telecommunications and
Spectrum Allocation
Government policies related
to telecommunications and spectrum allocation can significantly impact the PoE Ethernet
Lighting market, especially in the context of PoE-powered wireless
communication devices. Governments regulate the allocation of radio frequencies
and wireless spectrum to ensure efficient and interference-free wireless
communication.
To enable the growth of
PoE-powered wireless devices like Wi-Fi access points and cellular
infrastructure, governments must allocate sufficient spectrum resources and
establish policies that promote the deployment of such devices. Additionally,
policies related to spectrum licensing and usage fees can influence the cost
and feasibility of PoE-powered wireless Ethernet Lighting .
Government support for the
expansion of wireless connectivity through PoE can drive innovation in
telecommunications and foster the development of smart cities and IoT
applications, positively impacting the PoE Ethernet Lighting market.
Import and Export
Regulations
Government policies
regarding the import and export of PoE equipment can have a direct impact on
the global PoE Ethernet Lighting market. These policies may include import
tariffs, export controls, and product certification requirements. Import
tariffs can affect the cost competitiveness of PoE Ethernet Lighting in
different regions. High tariffs can lead to increased prices for PoE equipment,
potentially limiting adoption in certain markets. Conversely, governments may
provide incentives to manufacturers to export PoE Ethernet Lighting,
stimulating international trade and market growth.
Product certification
requirements, such as safety and compliance certifications, can also influence
the market. Governments may mandate that PoE equipment meets specific standards
before entering their markets, ensuring the safety and reliability of PoE
deployments.
Infrastructure Development
and Smart City Initiatives
Government policies aimed
at infrastructure development and smart city initiatives can drive the adoption
of PoE Ethernet Lighting. Many governments are investing in smart city projects
that leverage PoE technology to enhance urban infrastructure, including
intelligent street lighting, traffic management, and environmental monitoring. Through
funding, incentives, and regulatory support, governments can accelerate the
implementation of PoE-powered smart city Ethernet Lighting . These policies
create a favourable environment for PoE solution providers and encourage
innovation in urban infrastructure, positively impacting market growth.
Research and Development
Funding
Government policies that
allocate funding for research and development (R&D) in technology sectors
can have a significant influence on the PoE Ethernet Lighting market.
Governments may provide grants, subsidies, or tax incentives to organizations
engaged in PoE-related R&D activities. These policies stimulate innovation,
leading to the development of more advanced and efficient PoE Ethernet Lighting . R&D funding can
support the creation of PoE standards, new PoE-enabled devices, and software Ethernet
Lighting that enhance PoE network management and security.
In conclusion, government
policies related to energy efficiency, cybersecurity, telecommunications,
import/export regulations, infrastructure development, and R&D funding play
essential roles in shaping the global Power over Ethernet (PoE) Ethernet
Lighting market. These policies can either incentivize or create barriers to
the adoption and growth of PoE technology, making them crucial considerations
for businesses and organizations in the PoE industry.
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Key Market Challenges
Interoperability and Compatibility Issues
One of the foremost challenges in the global Power
over Ethernet (PoE) Ethernet Lighting market
is the issue of interoperability and compatibility. While PoE standards like
IEEE 802.3af, IEEE 802.3at (PoE+), and IEEE 802.3bt (PoE++) have been
established to ensure a level of uniformity, the market still faces
complexities due to variations in vendor-specific implementations and evolving
standards. PoE devices and equipment from different manufacturers may not
always work seamlessly together. This can result in integration difficulties,
network instability, and reduced overall efficiency. For instance, a PoE switch
from one vendor may not provide adequate power to a PoE-powered device from
another vendor, leading to underperformance or incompatibility.
The challenge of interoperability is further
exacerbated as PoE standards continue to evolve to accommodate higher power
requirements for new devices and applications. This evolution means that older
PoE devices may not be compatible with newer PoE switches, necessitating costly
upgrades or replacements. To address this challenge, industry stakeholders,
standards organizations, and governments need to collaborate to establish clear
guidelines and certification processes for PoE interoperability. Additionally,
vendors should invest in robust testing and validation procedures to ensure
that their PoE equipment works seamlessly with products from other
manufacturers. End-users should also carefully consider interoperability issues
when planning their PoE deployments to avoid costly integration problems.
Power Delivery Limitations and Distance Constraints
Another significant challenge facing the global PoE
Ethernet Lighting market is the
limitation of power delivery and distance constraints. PoE standards specify
the maximum power that can be delivered over Ethernet cables, typically
measured in watts. While these standards have evolved to support higher power
levels, there are still inherent limitations.
For example, IEEE 802.3af (PoE) can deliver up to
15.4 watts of power per port, while IEEE 802.3at (PoE+) can provide up to 30
watts. Even the most recent standard, IEEE 802.3bt (PoE++), with its Type 4
designation, can deliver up to 100 watts of power. While this is sufficient for
many devices, some power-hungry applications, such as high-performance access
points, PTZ cameras, and industrial equipment, may require more power than
these standards can provide.
Additionally, PoE's power delivery capability
diminishes as cable length increases. Ethernet cables have a practical distance
limitation, beyond which power levels drop, and the device may not receive
sufficient power to function correctly. This limitation can be a challenge for
installations that require devices to be located far from the PoE switch or
power source. To overcome this challenge, organizations often resort to
deploying additional PoE switches or using extenders, but these Ethernet Lighting can be costly and complex to
manage. Addressing this challenge requires ongoing research and development
efforts to improve power delivery efficiency, explore alternative power
delivery methods, and develop PoE standards that can support higher power levels
over longer distances. Furthermore, it necessitates careful planning and design
of PoE infrastructure to ensure devices receive adequate power within the
specified distance constraints.
In conclusion, the global Power over Ethernet (PoE)
Ethernet Lighting market faces
challenges related to interoperability and compatibility, as well as power
delivery limitations and distance constraints. Addressing these challenges
requires collaborative efforts from industry stakeholders, standards
organizations, and governments to establish clear guidelines, improve
interoperability, and develop innovative Ethernet Lighting that can meet the evolving
demands of PoE technology in various applications.
Key Market Trends
Energy Efficiency and Sustainability: Energy
efficiency remains a central trend in PoE lighting. Organizations and
businesses are increasingly looking for ways to reduce energy consumption and
carbon footprint. PoE lighting systems, with their ability to deliver power
only when and where it is needed, offer significant energy savings compared to
traditional lighting systems.
Smart Lighting and IoT Integration
The integration of PoE lighting with the Internet
of Things (IoT) is a prominent trend. PoE lighting systems are becoming part of
smart building and smart city initiatives. IoT sensors and controls are being
integrated with PoE lighting to enable features like occupancy sensing,
daylight harvesting, and remote monitoring and control. This trend enhances
user experience and building efficiency.
Human-Centric Lighting
Human-centric lighting, which is designed to mimic
natural light patterns to improve well-being and productivity, is gaining
attention. PoE lighting systems are well-suited to support human-centric
lighting, as they can dynamically adjust color temperature and intensity. This
trend is particularly relevant in office spaces, healthcare facilities, and
educational institutions.
Li-Fi Technology: Li-Fi (Light Fidelity) is a
technology that uses visible light to transmit data. PoE lighting systems can
incorporate Li-Fi capabilities, providing both illumination and high-speed data
communication. This trend is relevant in settings where secure and high-speed
wireless data transmission is required, such as hospitals and financial
institutions.
Wireless PoE: While traditional PoE relies on
Ethernet cables, wireless PoE Ethernet
Lighting are emerging. This trend allows for greater flexibility in deploying
PoE lighting, making it easier to retrofit existing buildings and provide
lighting in areas where cabling is challenging.
Space Flexibility
PoE lighting systems enable more flexible space
design and utilization. Lighting fixtures can be easily moved and reconfigured,
making them suitable for dynamic work environments and spaces with frequently
changing layouts.
Healthcare Applications: The healthcare industry is
increasingly adopting PoE lighting for its benefits in patient rooms, operating
theaters, and healthcare facilities. PoE lighting can be easily controlled,
adjusted, and integrated with healthcare systems to enhance patient comfort and
the efficiency of healthcare providers.
Commercial and Office Spaces
Commercial and office spaces continue to be
significant adopters of PoE lighting. The ability to fine-tune lighting
conditions to match various tasks, and to integrate lighting with other
building systems, is highly desirable in modern office settings. Educational
institutions are adopting PoE lighting to create energy-efficient and adaptable
learning environments. These systems can be easily managed to support different
activities and learning modes.
Cost Reduction and Scalability: As technology matures and demand increases, PoE
lighting equipment costs are expected to decrease. Additionally, the
scalability of PoE systems allows organizations to start with smaller
deployments and expand gradually as needed.
Regulatory Compliance and Standards
With the growth of the PoE lighting market,
regulatory bodies and industry organizations are working on standards and
regulations specific to PoE lighting. This trend is aimed at ensuring safety,
interoperability, and adherence to industry best practices.
Cybersecurity and Data Privacy: The growing use of
PoE lighting in smart buildings raises concerns about cybersecurity and data
privacy. Protecting PoE lighting systems from potential cyber threats and
ensuring the privacy of data collected from these systems are ongoing trends in
the market.
Sustainability Certifications: Organizations are
increasingly seeking sustainability certifications for their buildings, such as
LEED (Leadership in Energy and Environmental Design). PoE lighting's
energy-efficient and sustainable features make it a valuable addition to such
certifications.
Partnerships and Ecosystem Development:
Partnerships between lighting manufacturers, PoE equipment providers, and
software developers are forming robust PoE lighting ecosystems. These
collaborations aim to offer comprehensive and integrated Ethernet Lighting to end-users.
Market Growth in Emerging Economies: The adoption
of PoE lighting is not limited to developed economies. Emerging economies are
also recognizing the benefits of energy-efficient lighting systems and are
expected to contribute to the global PoE lighting market's growth.
Given the evolving nature of technology and market
dynamics, it's important to stay updated on the latest trends and developments
in the PoE lighting market to make informed decisions and investments.
Additionally, market trends may have evolved since my last knowledge update in
September 2021, so it's advisable to consult the most recent sources and
reports for the latest insights.
Segmental Insights
In 2022, the hardware segment accounted for more
than 70% of the global PoE lighting market revenue. This dominance is expected
to continue in the coming years, driven by the increasing demand for
PoE-enabled lighting fixtures and accessories. PoE lighting systems can be
installed and maintained more easily and cost-effectively than traditional
lighting systems, as they do not require separate power wiring. The increasing
adoption of PoE lighting systems in commercial and industrial applications is
driving the growth of the PoE lighting hardware market. PoE lighting systems
are being widely deployed in offices, retail stores, hotels, hospitals, and
other commercial and industrial facilities to reduce energy costs, improve
operational efficiency, and enhance occupant comfort.
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Regional Insights
North America plays a significant
role in the global Power Over Ethernet Lighting market. 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.
Recent Developments
- Onsemi, a company that specialises in intelligent
power and sensing technologies, announced the release of two complete system Ethernet Lighting 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.
- In January 2023, Midspan
Networks raised USD 10 million in Series A funding. The funding will be used to
accelerate the company's growth and develop new PoE Ethernet Lighting for the
smart city and building automation markets.
- In December 2022, PoE Texas
raised USD 5 million in seed funding. The funding will be used to develop new
PoE Ethernet Lighting for the industrial and automotive markets.
- In November 2022, PoE
Injectors raised USD 2 million in seed funding. The funding will be used to
develop new PoE Ethernet Lighting for the residential and commercial markets.
Key Market Players
- Cisco
Systems Inc.
- Ubiquiti Inc
- Hewlett Packard Enterprise
Company
- NETGEAR Inc
- Allied Telesisc Holding
- Axis Communications
- Microsemi Corporation
- PoE Texas
- PLANET Technology Corporation.
|
By Offering
|
By Application
|
By Region
|
- Hardware
- Software
- Services
|
- Commercial
- Industrial
- Residential
|
- North America
- Europe
- South America
- Middle East & Africa
- Asia Pacific
|
|
Report Scope:
In this report, the Global Power Over Ethernet
Lighting Market has been segmented into the following categories, in addition
to the industry trends which have also been detailed below:
- Global
Power Over Ethernet Lighting Market, By Offering:
o
Hardware
o
Software
o
Services
- Global
Power Over Ethernet Lighting Market, By
Application:
o Commercial
o Industrial
o Residential
- Global Power Over Ethernet Lighting Market, By
Region:
o North America
§ United States
§ Canada
§ Mexico
o Asia-Pacific
§ China
§ India
§ Japan
§ South Korea
§ Indonesia
o Europe
§ Germany
§ United Kingdom
§ France
§ Russia
§ Spain
o South America
§ Brazil
§ Argentina
o Middle East & Africa
§ Saudi Arabia
§ South Africa
§ Egypt
§ UAE
§ Israel
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Power
Over Ethernet Lighting Market.
Available Customizations:
Global Power Over Ethernet Lighting Market report with
the given market data, Tech Sci Research offers customizations according to a
company's specific needs. The following customization options are available for
the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
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