Power Over Ethernet Lighting Market

Global AI Infrastructure Market Size (2023 to 2028)

The global AI infrastructure market is expected to be worth 421.67 billion USD in 2023. It is expected to grow at a CAGR of 31.32% during the forecast period and reach a value of 1646.74 billion USD by 2028.

PoE lighting refers to the flexibility to use coax to power lighting fixtures (luminaires) and relay data between the luminaire and the management software. This implies that the networked fixtures are powered and controlled by one connection. The network's routers. A tiny low cluster of ethernet ports will be supported by one uplink cable placed in distant rooms employing a compact network switch. The PD port receives PoE power. These switches can then use PoE labor to power remote PoE devices.

Lighting systems that employ power over ethernet save energy improve light quality, and considerably increase bulb life. On a PoE lighting platform, Ethernet connections are utilized to power lights and exchange data between the luminaire and, therefore, the control software. They also collect data, like a campus's location, by using motion sensors to detect people's presence and signal networks to show off when not in use. Thanks to PoE smart technology, which connects LED light sources to the web, end users can remotely access lighting systems and platforms. PoE gives power to devices over one network cable. End-users can utilize this technology to send power and data straight from power source equipment like switches to the network port of connected, powered devices like LED luminaires. PoE solutions reduce the price of network installation and growth, particularly in buildings where connecting additional power lines is prohibitively expensive or impossible.

Global Power over Ethernet Lighting Market Drivers:

Growing usage in the Commercial and Industrial sectors because of its low maintenance cost is the major driving factor for the Global Power over Ethernet Lighting Market. Buildings in the industrial and commercial sectors, including offices, warehouses, and retail stores, are rapidly using PoE-lighting solutions. PoE lights offer benefits such as decreased installation and maintenance costs and fewer labor efforts due to the minimal number of ethernet connections required. The ability to reuse existing IT networking infrastructure is one of the most critical elements driving the adoption of solutions in commercial settings. Anything linked to an ethernet connection and connected to the PoE intelligent building automation platform is given an IP address. This makes it possible for the IoT & smart building management software to control and monitor it.

Developed PoE standards for Speed, Efficiency, and High Power are the other major driving factors of the Global Power over Ethernet Lighting Market. Power over Ethernet (PoE) technology has made it much easier to install network access points and terminals by allowing them to be powered through the same wire that delivers data. The amount of power that PoE can transmit through ethernet cabling has steadily increased, enabling the support of a wider range of devices, such as cameras and access control systems. Due to the deployment of high-power IEEE 802.3at standards, it is now more important than ever to distribute power as efficiently as possible. PoE can be used for video surveillance, retail video kiosks, smart signage, building management, vending machines, and retail point-of-information systems, among other things.

Global Power over Ethernet Lighting Market Restraints:

The Initial cost and expenditure of the PoE equipment and accessories is the major restraining factor that is expected to hamper the Global Power over Ethernet Market. The high beginning prices of PoE equipment are one of the major roadblocks to worldwide market expansion. The cost of ethernet switches that require power-sourcing equipment is higher than traditional counterparts, as is the expense of maintaining power-sourcing equipment. Switches, injectors, ethernet cables, splitters, and PoE jacks are all needed, among other things. Setting up a PoE network necessitates a large initial financial investment. On the other side, the PoE network can be more cost-effective; nevertheless, the uncertainty about the return on investment can be a deterrent.

REPORT COVERAGE:

This research report on the global power over ethernet lightening market has been segmented and sub-segmented into the following categories.

Power over Ethernet Lighting Market - By Offering:

• Hardware
• Software
• Services

The software segment is expected to have the largest share in the Global Power over Ethernet Market during the Forecast Period. Data and electricity can be sent over the same network line with Power over Ethernet (PoE). System integrators and network installers can now deploy powered devices in places where there is no electrical infrastructure. Additionally, PoE eliminates the cost of extra electrical wiring while still requiring experienced electrical technicians to adhere to strict conduit regulations.

Power over Ethernet Lighting Market - By Wattage:

• Up to 25 Watts
• Above 25 Watts

The above 25 Watts segment is expected to have the largest share in the Global Power over Ethernet Market during the Forecast Period. The industry is being driven by improved PoE standards and growing demand for prime input-powered lighting products. OEMs are developing integrated solutions for luminaires that need increased power input. As a result, there's a growing demand for high-output Power Source Equipment (PSE) to power the facility Devices (PDs). The marketplace for high-wattage PoE lighting solutions is projected to profit as a result of this. PoE lighting with an influence rating of quite 25 watts features a number of benefits, including increased brightness and illumination, because of the ability to accommodate additional direct and indirect loads.

Power over Ethernet Lighting Market - By Application:

• Commercial
• Residential
• Industrial

The commercial segment is expected to have the largest share in the Global Power over Ethernet Market during the Forecast Period. The use of PoE lighting in business buildings is growing in popularity due to its lower cost and improved efficiency. Offices, retail shops and malls, healthcare facilities, educational institutions, stadiums (arenas), and hospitality facilities are all part of the commercial component. Building owners, governments, utilities, and a variety of other stakeholders have all made it a priority to reduce energy use. One option to lessen this large pool of energy use is to replace existing lights with more energy-efficient lighting sources (e.g., LED), but this is a small-scale solution.

Industrial Segment is expected to have a prominent share in the Global Power over Ethernet Market during the Forecast Period. The market is likely to grow in the forecast period as more key technologies, including artificial intelligence and machine learning (M2M, M2P), are deployed in industrial applications. In addition, prominent players in the industry are concentrating on acquisitions and collaborations with power management firms.

Power over Ethernet Lighting Market - By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Asia-Pacific is expected to have the dominant share in the Global Power over Ethernet Market during the Forecast Period. China, Japan, Australia, South Korea, and the Rest of APAC, which predominantly includes India, Indonesia, Singapore, Taiwan, Malaysia, Thailand, Vietnam, Bangladesh, and the Philippines, make up the PoE lighting market in APAC. During the projection period, it is predicted to be the fastest-growing market for PoE lighting. As connected lighting systems are quickly being embraced in many applications, particularly in smart offices/workspaces, the PoE lighting market in this region has huge growth potential.

North America is expected to have the next dominant share in the Global Power over Ethernet Market during the Forecast Period. The key growth engines of the market are the United States, Canada, and Mexico. The market for PoE lighting is dominated by North America. The significant presence of technology in this region, as well as the rapid adoption of essential technologies that will help to improve light quality and overall efficiency, is driving growth.

Europe is expected to have rapid growth in the Global Power over Ethernet Market during the Forecast Period. Europe is the world's third-largest market for power over Ethernet lighting. The industry, however, is predicted to grow at the fastest rate when compared to other sectors. This is due to the growing number of businesses in the region as a result of the large corporation's expansion strategy. This increase is being driven by the demand for LAN switching technology. In the region, there is a growing emphasis on industry modernization and updating IEEE standards.

KEY MARKET PLAYERS:

Cypress, Cisco Systems, Wipro Lighting, NETGEAR, Signify Holding, Hubbell Inc., H.E. Williams, Molex, Prolojik, Herbert Waldman

RECENT HAPPENINGS IN THE MARKET:

• The low-voltage Power-over-Ethernet (PoE) standard played a crucial role in three sustainable hotel solid-state lighting (SSL) projects, according to Igor, a technology vendor in the smart-building and Internet of Things (IoT) industry. The Naxos system from the company allows for luminaire-level control as well as the powering of LED lighting and other DC-centric devices.
• Signify has partnered with Cisco, an old Power over Ethernet (PoE) collaborator, to provide PoE to Atea, a $1.1 billion Norwegian systems integrator that is also testing several other Signify smart lighting technologies, including visible light communications (VLC) for location services and Li-Fi for Internet.