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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

The PoE lighting industry is characterized by innovations in energy management and the integration of Internet of Things (IoT) technologies. The industry is evolving rapidly due to advancements in LED lighting technology and the increasing demand for automated solutions in commercial and industrial sectors. Key trends include the implementation of smart controls, wireless connectivity, and enhanced energy efficiency measures. Challenges such as high initial installation costs and the need for specialized knowledge among contractors can hinder market growth; however, the overall outlook remains positive as smart building trends are expected to drive demand.

What is the Market Size & CAGR of Power Over Ethernet Lighting market in 2023?

In 2023, the Power Over Ethernet lighting market is estimated to be valued at approximately $2.74 billion. The market is expected to grow at a compound annual growth rate (CAGR) of 12.4% from 2023 to 2033, reaching around $7.59 billion by 2033. This growth is driven by increasing urbanization, the rise of smart buildings, and a growing emphasis on energy efficiency and sustainability.

Power Over Ethernet Lighting Industry Analysis

The PoE lighting industry is characterized by innovations in energy management and the integration of Internet of Things (IoT) technologies. The industry is evolving rapidly due to advancements in LED lighting technology and the increasing demand for automated solutions in commercial and industrial sectors. Key trends include the implementation of smart controls, wireless connectivity, and enhanced energy efficiency measures. Challenges such as high initial installation costs and the need for specialized knowledge among contractors can hinder market growth; however, the overall outlook remains positive as smart building trends are expected to drive demand.

Power Over Ethernet Lighting Market Segmentation and Scope

The Power Over Ethernet lighting market is segmented by technology (LED luminaires, PoE injectors, PoE switches), application (commercial, government, education, healthcare, and industrial), end-user (residential, commercial, industrial), and region. Each segment plays a crucial role in the overall growth and demand dynamics of the market. The commercial segment leads in market share, driven by the rapid adoption of smart lighting solutions to optimize energy consumption and cost savings.

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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.

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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.

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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.

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