Global Power over Ethernet Lighting Market Report 2021 Recent Development and Trends, Expected Growth and its Factors, CAGR, Industry Size, Business Prospects and Forecast 2028

 Global Power over Ethernet Lighting Market

PoE lighting is the ability to utilize an Ethernet cable to power light fixtures (light fixtures) and relay data between the luminaries and the control software. PoE power is being fed to the PD terminal. These switches can, in turn, allow remote PoE devices to move through using PoE. The PoE network provides a more affordable alternative relative to the conventional cable network since it is a single optimized power and data cable infrastructure. In addition to an economic aspect, such as installation costs, PoE also provides maintenance affordability. PoE technique requires only one approved electrical contractor capable of building and running the entire PoE network.

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The global Power over Ethernet lighting market is projected to reach USD 13.50 billion by 2025.

The global PoE lighting market growth is majorly influenced by factors such as an increasing need for cost-effective lighting solutions, reduced LED costs, growing penetration, increasing adoption of PoE lighting solutions in commercial and healthcare applications. On the other hand, considerations such as the need for new facilities, the high cost of PoE switches, the short transmission distance, and the speed of power delivery are barriers to the growth of this industry. Thus, with the growing POE requirements, the penetration of the Power of Ethernet lighting systems for interconnected lighting applications in commercial spaces is anticipated to grow in the coming years.

The majority of the costs involved with deploying a power over Ethernet solution are for hardware. In addition, with the development of PoE specifications, new modular switches are expected to be commercialized to help boost demand for global PoE lighting. The rising requirement for Power over Ethernet lighting systems is a key factor for the global PoE industry. Many hardware components, including power supply equipment, controlled devices, and other components are needed to provide a PoE lighting solution.

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The key players in the global Power over Ethernet market are Signify N.V., Cisco Systems, Inc., IGOR INC., Molex Incorporated, Leviton Manufacturing Company, Inc., NuLEDs Inc., Cree, Inc, Axis Communications AB, and others. The players are focusing on developing the latest technology in the highly competitive market and are adopting partnership and collaborations as their key strategy. For instance, in January 2019, Cisco and Wipro entered into a collaboration. The aim of the collaboration is to cater to the commercial lighting market by using Cisco’s Power over Ethernet solutions. Further, Wipro announced a partnership with Schreder for its IoT solutions that are optimal for catering smart cities and smart buildings with PoE network.

Key Segments of the Global Power over Ethernet Lighting Market

Product Overview, 2015-2025 (USD Million)

• Power Sourcing Equipment (PSE)
• Powered Devices (PD)

End User Overview, 2015-2025 (USD Million)

• Commercial
• Industrial
• Residential

Regional Overview, 2015-2025 (USD Million)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Spain
• Germany
• France
• UK
• Netherland
• Rest of Europe
• Asia-Pacific
• India
• China
• Japan
• Rest of Asia-Pacific
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East and Africa
• Qatar
• Saudi Arabia
• UAE
• Rest of MEA

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Reasons for the study

• To understand the technological developments in Power over Ethernet lighting network
• To study the developments in terms of products and services the key players offer
• To study the increasing application of PoE network
• To understand the impact of smart building and smart home automation on the demand for PoE network
• The purpose of the study is to give an exhaustive outlook of the global Power over Ethernet market.
• To study the trends and opportunities that are likely to drive the growth of the market during the forecast period.
• To study the significant developments of the key players in the global market.
• To study the regional trends and demand patterns
• To understand the impactful developments of key players in the market, their strategic initiatives and comprehensively study their core competencies
• To study the growth of the Asia Pacific region especially countries like India and China
• To understand the market trends in potential regions like the Middle East and Africa where the demand is projected to surge
• Understanding the restraints or any threats from substitutes during the forecast period.
• To study the regulatory framework of government bodies or industry associations if any.
• To study the players positioning in the market

Some Major Points from TOC:

Chapter 1    Executive Summary

Chapter 2    Research Methodology

                    2.1    Research Methodology

                    2.2    Market Size Estimation Methodology

                    2.3    Forecasting Methodology

                    2.4    Scope, definition, and assumptions

                    2.5    Assumptions

                    2.6    List of Data Sources

                    2.7    Data sources

Chapter 3    Market Outlook

                    3.1    Introduction

                    3.2    Key trends

                            3.2.1    Market Drivers

                                    3.2.1.1    Economic network infrastructure

                                    3.2.1.2    Improved network control and operational efficiency

                                    3.2.1.3    Technological expansion

                            3.2.2    Market restraints

                                    3.2.1    Cabling requirements and heat problems

                            3.2.3    Market opportunities

                                    3.2.3.1    Smart building

                    3.3    Vendor Landscape

                    3.4    Market Attractiveness, By Geography

                    3.5    Porter’s Five Forces analysis

                            3.5.1    Bargaining power of suppliers

                            3.5.2    Bargaining power of buyers

                            3.5.3    Threat of substitutes

                            3.5.4    Threat of new entrants

                            3.5.5    Industry rivalry

                    3.6    Power over Ethernet standards

Chapter 4    Product Overview

Continue……

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