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The Power Over Ethernet Lighting (POE) Market Size was valued at USD 415.4 Million in 2023 and is expected to reach USD 3537.4 Million by 2031 and grow at a CAGR of 30.7% over the forecast period 2024-2031.
Power Over Ethernet Lighting (PoE) refers to the utilization of an Ethernet connection for both powering light fixtures and transmitting data between the luminaire and the control software. This entails the use of a single wire to provide power and operate all network-connected fixtures. To achieve this, a compact network switch capable of supporting multiple Ethernet connections is connected to the network routers using a single uplink cable installed in distant rooms.
The Power Sourcing Equipment (PSE) port delivers PoE power, which is received by the Powered Devices (PD) port. These switches may employ PoE LED pass-through to extend power to remote PoE devices. PoE lighting systems are increasingly being adopted in office buildings, warehouses, and retail facilities in the commercial and industrial sectors. They offer advantages such as reduced labor requirements and lower installation and maintenance costs due to the reduced need for Ethernet connections. The reuse of existing IT networking infrastructure is a key factor driving the adoption of these solutions in commercial environments. Furthermore, every device connected to an Ethernet connection and integrated into the PoE intelligent building automation platform receives an IP address, allowing it to be controlled and monitored by IoT and smart building management applications.
KEY DRIVERS:
The rise in adoption within commercial and industrial sectors is attributed to reduced overheads and maintenance expenses.
Power over Ethernet (PoE) technology facilitates the provision of both power and network connectivity to devices via a single network cable, enabling end-users to transmit power and data from power-sourcing equipment (PSE), such as switches, directly to the network port of connected powered devices (PD), such as LED luminaires. PoE solutions streamline network installation and expansion, particularly in environments where installing new power lines is cost-prohibitive or impractical. Industries and commercial establishments, including office buildings, warehouses, and retail spaces, are increasingly embracing PoE-enabled solutions due to their advantages, including cost savings in installation and maintenance, reduced overall design and construction expenses, and minimized labor requirements owing to the reduced need for Ethernet cables. PoE is particularly favored in commercial applications due to the availability of data networking switches capable of supporting numerous endpoints.
RESTRAINTS:
The initial expenses associated with PoE equipment and accessories are significant.
Setting up a PoE network requires a substantial upfront investment primarily because of the elevated prices of Ethernet switches utilizing Power Sourcing Equipment (PSE) compared to conventional alternatives. Additionally, there are maintenance costs for power-sourcing equipment. Other essential components such as switches, injectors, splitters, Ethernet cables, and PoE jacks also contribute to the initial financial outlay. The procurement cost of these elements further contributes to the overall initial expenditure. This significant upfront cost stands as a prominent obstacle hindering the growth of the PoE lighting market. Although PoE networks may prove to be more cost-effective in the long term, uncertainty surrounding the return on investment acts as a deterrent.
OPPORTUNITIES:
Geographical opportunities in APAC and the Rest of the World.
Smart home and office & smart retail trends are on the rise.
Transitioning from traditional lighting to connected lighting solutions quickly.
Transitioning from traditional lighting to connected lighting solutions quickly signifies a notable trend in the lighting industry. With the advent of advanced technologies like Power over Ethernet (PoE) and the Internet of Things (IoT), there's a growing emphasis on integrating lighting systems with smart and connected features. Connected lighting solutions offer various benefits such as energy efficiency, enhanced control and automation, improved productivity, and greater flexibility in lighting design. Businesses and consumers are increasingly recognizing these advantages and are thus swiftly adopting connected lighting solutions to replace traditional lighting systems. This transition is reshaping the lighting market landscape, with manufacturers, suppliers, and service providers focusing more on developing and offering innovative connected lighting products and solutions to meet the evolving demands of customers. Moreover, government initiatives promoting energy efficiency and sustainability further accelerate the adoption of connected lighting solutions, driving the market toward a more interconnected and intelligent future.
CHALLENGES:
Transmission distance and power delivery rate are limited.
Getting power and data over long distances isn't as simple as just blasting a signal. Technologies like PoE and wireless charging face limitations due to factors like cables, source strength, and energy loss. This means there's a trade-off between distance and how much power or data can be delivered, forcing careful consideration during system design to ensure everything functions reliably.
The Russia-Ukraine crisis on the Power Over Ethernet (PoE) Lighting Market is not explicitly outlined in available sources, insights can be gleaned from overall market trends. The market's growth is driven by various factors, including the expansion of hardware and software services across different wattage segments and applications, notably in commercial and industrial settings. Major market players such as Signify Holding, Hubbell Inc., and Cisco Systems are focusing on product innovations and expansions to bolster their market presence. Although the direct ramifications of the Russia-Ukraine crisis on the PoE Lighting Market are unspecified, the crisis has had global repercussions, disrupted supply chains, and caused economic uncertainty across industries. Geopolitical tensions may potentially impact the PoE Lighting Market by raising operational costs, disrupting supply chains, or altering market demand due to economic sanctions and other geopolitical factors. Close monitoring of the evolving situation is crucial to comprehensively assess its impact on the market.
The specific impact of the ongoing global economic slowdown on the Power Over Ethernet (PoE) Lighting Market is not explicitly detailed in available sources, yet insights into market trends and growth factors provide potential insights into its influence. The PoE Lighting Market has experienced significant growth propelled by technological advancements and increasing demand across various sectors. One potential area of influence is the proliferation of Internet of Things (IoT) devices, a major driver for the PoE Lighting Market, as economic slowdowns may prompt adjustments in technology and infrastructure spending, potentially impacting IoT device adoption. However, the persistent demand for energy-efficient and cost-effective lighting solutions may sustain market growth, as PoE lighting systems offer energy efficiency and cost savings, aligning with sustainability trends. Regionally, the Asia Pacific market is positioned for higher growth rates, driven by infrastructural investments and commercial sector expansion, particularly in China with its strong manufacturing capabilities and rapid technology adoption. Nevertheless, global economic challenges could affect investment levels and technology adoption pace in this region. Additionally, government policies promoting energy efficiency and regulating telecommunications and spectrum allocation play a significant role in shaping market dynamics, either incentivizing PoE technology adoption or imposing regulations.
BY OFFERING
The market division is categorized by Offering, Hardware, Software, and Services. The Hardware sector accounted for the largest portion, playing a significant role in the overall revenue generated by Power Over Ethernet Lighting worldwide.
BY WATTAGE
The market is categorized into two segments: Up to 25 Watt and Above 25 Watt. The segment for Above 25 Watt emerged as the market leader. This growth is attributed to advancements in PoE standards and increasing demand for lighting devices with higher power inputs. OEMs are actively developing integrated lighting systems that require higher input power, including increased brightness and illumination and support for more direct/indirect loads. The digital revolution is spawning a slew of new PoE systems and Internet of Things applications for lighting, plug loads, office workstations, device charging, and other uses.
BY APPLICATION
The market is divided into segments such as Commercial, Residential, Industrial, and Others. The Commercial segment stands out as the largest in the market. The adoption of PoE lighting in commercial establishments is fueled by growing efficiency and improving affordability.
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The Power over Ethernet Lighting Market is experiencing a significant surge in the Asia Pacific region. China is poised to lead the PoE lighting market in APAC due to several factors, including the availability of cost-effective land for manufacturing facilities and new commercial constructions, the presence of numerous lighting manufacturers, and the continuous expansion of commercial, industrial, and smart office buildings. China demonstrates a swift adoption of technology compared to other nations in the region and excels in lighting equipment production. In the foreseeable future, the rapid economic growth of countries like China, Japan, India, and South Korea is expected to propel the APAC PoE lighting market. Chinese cities offer incentives such as low-cost land, robust infrastructure, and a large workforce to attract investments for industrial expansion. North America ranks second in the Power over Ethernet lighting market, with the US, Canada, and Mexico serving as the main growth drivers. The PoE lighting sector is predominantly dominated by North America, driven by its strong technological presence and rapid adoption of key technologies, aimed at enhancing light quality and overall efficiency in the region.
The key players in the power over ethernet lighting market are Wipro Lighting, Signify Holding, H.E. Williams, Siemon, Prolojik, Cisco Systems, Hubbell Inc, Herbert Waldmann, Ubiquiti Networks, Silvertel, ALLNet & Other Players.
In March 2021: Hubbell Control Solutions unveiled the introduction of the upgraded NX Distributed Intelligence Lighting Control Panel (NXP2 Series), designed to consolidate connection points within an enclosure. This user-friendly solution aims to streamline installation processes, thereby reducing the time and costs associated with deploying lighting control systems compliant with regulatory codes.
In March 2021: Hubbell Lighting announced a collaboration with LightAZ, a luminaire manufacturing company based in Illinois, US.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 415.4 Million |
| Market Size by 2031 | US$ 3537.4 Million |
| CAGR |
CAGR of 30.07% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (HD Camera, SD Camera) • By Resolution (12 MP, 12 To 20 MP, 20 To 32 MP, 32 MP And Above) • By Application (Thermal Imaging, Photography & Videography, Surveillance) • By End User (Commercial, Homeland Security, Military) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Wipro Lighting, Signify Holding, H.E. Williams, Siemon, Prolojik, Cisco Systems, Hubbell Inc, Herbert Waldmann, Ubiquiti Networks, Silvertel and ALLNet. |
| Key Drivers | •The rise in adoption within commercial and industrial sectors is attributed to reduced overheads and maintenance expenses. |
| Restraints | • The initial expenses associated with PoE equipment and accessories are significant. |
The Power Over Ethernet Lighting Market was valued at USD 415.4 Million in 2023.
The expected CAGR of the global Power Over Ethernet Lighting Market during the forecast period is 30.7%.
The market's growth is primarily driven by the rising adoption of PoE lighting solutions in the commercial sector, the wider availability and decreasing costs of LED technology, and the increasing demand for cost-effective lighting solutions.
The Hardware Sector is leading segment in the market revenue share in 2023.
The Asia Pacific region commanded the largest portion of the Power Over Ethernet Lighting Market.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Power Over Ethernet Lighting Market, By Offering
9.1 Introduction
9.2 Trend Analysis
9.3 Hardware
9.4 Software
9.5 Services
10. Power Over Ethernet Lighting Market, By Wattage
10.1 Introduction
10.2 Trend Analysis
10.3 Up to 25 Watt
10.4 Above 25 Watt
11. Power Over Ethernet Lighting Market, By Application
11.1 Introduction
11.2 Trend Analysis
11.3 Commercial
11.4 Residential
11.5 Industrial
11.6 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Poland
12.3.1.2 Romania
12.3.1.3 Hungary
12.3.1.4 Turkey
12.3.1.5 Rest of Eastern Europe
12.3.2 Western Europe
12.3.2.1 Germany
12.3.2.2 France
12.3.2.3 UK
12.3.2.4 Italy
12.3.2.5 Spain
12.3.2.6 Netherlands
12.3.2.7 Switzerland
12.3.2.8 Austria
12.3.2.9 Rest of Western Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 India
12.4.3 Japan
12.4.4 South Korea
12.4.5 Vietnam
12.4.6 Singapore
12.4.7 Australia
12.4.8 Rest of Asia Pacific
12.5 The Middle East & Africa
12.5.1 Middle East
12.5.1.1 UAE
12.5.1.2 Egypt
12.5.1.3 Saudi Arabia
12.5.1.4 Qatar
12.5.1.5 Rest of the Middle East
11.5.2 Africa
12.5.2.1 Nigeria
12.5.2.2 South Africa
12.5.2.3 Rest of Africa
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Colombia
12.6.4 Rest of Latin America
13. Company Profiles
13.1 Wipro Lighting
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Signify Holding
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 H.E. Williams
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Siemon, Prolojik
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Cisco Systems
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Hubbell Inc
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Herbert Waldmann
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Ubiquiti Networks
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Silvertel
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 ALLNet
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
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BY OFFERING
Hardware
Software
Services
BY WATTAGE
Up to 25 Watt
Above 25 Watt
BY APPLICATION
Commercial
Residential
Industrial
Others
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Company Information
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