Power Over Ethernet Lighting Market Size, Share, Industry Trends and Forecast to 2033
This report provides an in-depth analysis of the Power Over Ethernet (PoE) lighting market, covering market size, growth trends, segmentation, regional insights, and key players from 2023 to 2033.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $1.50 Billion |
| CAGR (2023-2033) | 7.2% |
| 2033 Market Size | $3.07 Billion |
| Top Companies | Cisco Systems, Inc., Philips Lighting, Siemens AG, Schneider Electric, Hubbell Incorporated |
| Last Modified Date | 15 November 2024 |
Power Over Ethernet Lighting Market Overview
What is the Market Size & CAGR of Power Over Ethernet Lighting market in 2023?
Power Over Ethernet Lighting Industry Analysis
Power Over Ethernet Lighting Market Segmentation and Scope
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Power Over Ethernet Lighting Market Analysis Report by Region
Europe Power Over Ethernet Lighting Market Report:
Europe's PoE lighting market is anticipated to grow from $0.48 billion in 2023 to $0.98 billion by 2033, spearheaded by initiatives focused on energy efficiency and smart city projects.Asia Pacific Power Over Ethernet Lighting Market Report:
The Asia Pacific market for PoE lighting was valued at $0.29 billion in 2023 and is projected to reach $0.58 billion by 2033, growing rapidly due to urbanization and increased investment in smart buildings.North America Power Over Ethernet Lighting Market Report:
The North American PoE lighting market was valued at $0.50 billion in 2023, with expectations to reach $1.03 billion by 2033. The growth is bolstered by technology advancements and increasing energy regulations.South America Power Over Ethernet Lighting Market Report:
In South America, the market was worth $0.05 billion in 2023 and is forecasted to grow to $0.10 billion by 2033, driven by infrastructure development and sustainability initiatives.Middle East & Africa Power Over Ethernet Lighting Market Report:
In the Middle East and Africa, the market size was around $0.18 billion in 2023 and is expected to double to $0.37 billion by 2033, fueled by expanding commercial sectors and energy conservation efforts.Request a custom research report for industry.
Power Over Ethernet Lighting Market Analysis By Technology
Global Power-over-Ethernet Lighting Market, By Technology Market Analysis (2024 - 2033)
The technology segment includes LED luminaires, PoE injectors, and PoE switches. In 2023, LED luminaires constituted a significant portion of the market size at $0.94 billion and are projected to reach $1.92 billion by 2033. PoE injectors are currently valued at $0.34 billion and expected to grow to $0.70 billion, while PoE switches will increase from $0.22 billion to $0.45 billion over the same period.
Power Over Ethernet Lighting Market Analysis By Application
Global Power-over-Ethernet Lighting Market, By Application Market Analysis (2024 - 2033)
When analyzed by application, the commercial segment captured the largest share, valued at $0.70 billion in 2023 and expected to reach $1.43 billion by 2033. This is followed by government applications at $0.31 billion, education and healthcare both at $0.17 billion, and industrial applications at $0.15 billion.
Power Over Ethernet Lighting Market Analysis By End User
Global Power-over-Ethernet Lighting Market, By End-User Market Analysis (2024 - 2033)
For end-users, the commercial sector is the largest market segment, valued at $0.70 billion in 2023, expected to grow to $1.43 billion by 2033. The other segments include residential lighting at $0.15 billion and industrial lighting at $0.17 billion, which will also see steady growth.
Power Over Ethernet Lighting Market Analysis By Product
Global Power-over-Ethernet Lighting Market, By Product Market Analysis (2024 - 2033)
By product type, PoE Type 1 leads the market with a size of $0.87 billion in 2023, anticipated to grow to $1.77 billion. PoE Type 2, Type 3, and Type 4 will also see growth; with Type 2 starting at $0.30 billion and expected to reach $0.62 billion by 2033.
Power Over Ethernet Lighting Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Power Over Ethernet Lighting Industry
Cisco Systems, Inc.:
A leading provider of networking hardware and software, Cisco Systems integrates PoE technologies into their products, providing enhanced communication and power solutions.Philips Lighting:
Known for innovation in lighting solutions, Philips Lighting offers a wide range of PoE-enabled LED lights, contributing significantly to the market.Siemens AG:
Siemens is a global powerhouse in automation and digitalization, offering smart lighting solutions that incorporate PoE technology.Schneider Electric:
A leader in digital transformation of energy management, Schneider Electric integrates PoE in its lighting products for improved energy efficiency.Hubbell Incorporated:
Hubbell providing a comprehensive portfolio of lighting solutions, contributes to the PoE market with innovative and sustainable lighting designs.We're grateful to work with incredible clients.
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FAQs
What is the market size of power Over Ethernet Lighting?
The global market size for Power Over Ethernet (PoE) lighting is projected to reach $1.5 billion by 2033, growing at a CAGR of 7.2% from its current size.
What are the key market players or companies in this power Over Ethernet Lighting industry?
Key players in the PoE lighting market include major lighting manufacturers and technology firms specializing in network infrastructure, driving innovation and integration in smart lighting systems.
What are the primary factors driving the growth in the power Over Ethernet Lighting industry?
The growth in the PoE lighting sector is driven by increasing energy efficiency demands, advancements in IoT technology, and the integration of lighting systems with building management solutions.
Which region is the fastest Growing in the power Over Ethernet Lighting?
North America is the fastest-growing region for PoE lighting, expected to grow from $0.50 billion in 2023 to $1.03 billion by 2033, reflecting a strong adoption of smart lighting solutions.
Does ConsaInsights provide customized market report data for the power Over Ethernet Lighting industry?
Yes, ConsaInsights offers customized market report data for the PoE lighting industry to meet specific research needs and provide tailored insights.
What deliverables can I expect from this power Over Ethernet Lighting market research project?
Expected deliverables include comprehensive market analysis, regional assessments, competitive landscape overview, segment-wise breakdown, and strategic recommendations.
What are the market trends of power Over Ethernet Lighting?
Current market trends in PoE lighting include the shift towards LED technology, increasing adoption in commercial sectors, and the incorporation of smart controls for enhanced energy management.