The Power Over Ethernet Lighting market is expected to grow from USD 0.30 billion in 2019 to USD 1.96 billion by 2025 at a CAGR of 36.69% from 2019 to 2025.
Power over Ethernet uses Ethernet cable networks to communicate power and data through one cable. Ethernet is a verified and reliable solution for transmitting data and low-voltage direct current power for everything from phone systems to cameras. PoE LED lights use the DC power from the Ethernet cable and remove the frequently required alternating current to DC conversion within each luminaire. As an effect, less power is lost, making PoE lighting more energy efficient. Growing demand for energy-saving lighting systems is a main driving influence for the PoE lighting market for hardware. To allow a PoE lighting solution, several hardware components, with power sourcing equipment, powered devices, and other components, are required. The popular of the cost complicated in deploying a PoE solution is for the hardware. Furthermore, with improving PoE standards, new, standardized switches are expected to commercialize, which would further propel the market for PoE lighting. The global market is segregated on the basis of Application as Industrial, Residential, and Commercial. Based on Offering the market is segmented in Software and Services and Hardware. Based on Wattage the market is segmented in Greater Than 25 Watts and Up to 25 Watts.
The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
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 others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Power Over Ethernet Lighting market has been segmented as below:
By Application
By Offering
By Wattage
By Region
By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include 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 others.
Why to Buy this Report:
Target Audience:
The report targeted the existing players in the industry is as follows:
Free and Paid Customization based on the requirement
Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Industrial
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Residential
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Commercial
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6.1 Introduction
6.2 Software and Services
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Hardware
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7.1 Introduction
7.2 Greater Than 25 Watts
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Up to 25 Watts
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8.1 Introduction
8.2 North America
8.2.1 North America Market, By Application
8.2.2 North America Market, By Offering
8.2.3 North America Market, By Wattage
8.3 Europe
8.3.1 Europe Market, By Application
8.3.2 Europe Market, By Offering
8.3.3 Europe Market, By Wattage
8.4 Asia-Pacific
8.4.1 Asia-Pacific Market, By Application
8.4.2 Asia-Pacific Market, By Offering
8.4.3 Asia-Pacific Market, By Wattage
8.5 Rest of the World
8.5.1 Rest of the World Market, By Application
8.5.2 Rest of the World Market, By Offering
8.5.3 Rest of the World Market, By Wattage
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
The global Power Over Ethernet Lighting market has been segmented as below:
By Application
By Offering
By Wattage
By Region
By Company