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 Nov 2024 |
Power Over Ethernet Lighting Market Report (2023 - 2033)
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 (2023 - 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 (2023 - 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 (2023 - 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 (2023 - 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.
