North America Power over Ethernet Chipsets Market Size, Share & Trends Analysis Report By Standard, By End-user, By Type, By Device Type, By Country and Growth Forecast, 2024 - 2031

The North America Power over Ethernet Chipsets Market is expected to witness market growth of 11.5% CAGR during the forecast period (2024-2031).

The US market dominated the North America Power over Ethernet Chipsets Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $428.5 million by 2031. The Canada market is experiencing a CAGR of 13.8% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 12.9% during 2024-2031.



The Power over Ethernet chipsets market is witnessing rapid growth as industries, governments, and consumers increasingly adopt Power over Ethernet (PoE) technology for its unparalleled ability to deliver power and data over a single Ethernet cable. This innovation has fundamentally transformed how devices are powered and connected, offering a more streamlined, cost-effective, and scalable solution than traditional methods.

One of the primary drivers of the market is the growing adoption of IoT devices. The Internet of Things (IoT) has expanded its presence across industries, requiring robust and reliable power and data connectivity. Devices like smart thermostats, connected lighting systems, and intelligent security cameras depend on optimal power delivery. PoE technology addresses this need by eliminating the requirement for separate power sources, reducing installation complexities, and enabling devices to operate in remote or inaccessible areas.

Federal support for smart city initiatives has significantly impacted the market in the United States. Programs like the Smart Cities and Communities Framework under the U.S. Department of Transportation and the National Institute of Standards and Technology (NIST) aim to integrate connected technologies, including PoE systems, into urban infrastructure. PoE chipsets facilitate energy-efficient solutions for traffic management, public safety, and advanced lighting systems in urban areas. In Canada, the growing adoption of building automation systems (BAS) has emerged as a key driver for PoE chipsets. The Canadian government’s focus on energy efficiency and carbon emissions reduction has led to a surge in smart buildings utilizing PoE technology to power and manage BAS, including HVAC, lighting, and security systems. Initiatives such as the Energy Efficiency Regulations under Natural Resources Canada and the Green Building Program encourage energy-efficient technologies in commercial buildings. Therefore, as the adoption of smart building technologies and IoT-connected systems continues to grow across the region, North America is poised for significant expansion in the market.

List of Key Companies Profiled

• STMicroelectronics N.V.
• Microchip Technology Incorporated
• ON Semiconductor Corporation
• Texas Instruments, Inc.
• Robert Bosch GmbH
• NXP Semiconductors N.V.
• Honeywell International Inc.
• Analog Devices, Inc.
• Cisco Systems, Inc.
• Silicon Laboratories, Inc.

Market Report Segmentation

By Standard

• 802.3at standard
• 802.3bt standard
• 802.3af standard

By End-user

• Industrial
• Commercial
• Residential

By Type

• PoE Powered Devices (PD) Chipset
• PoE Power Sourcing Equipment (PSE) Chipset

By Device Type

• Ethernet Switch & Injector
• Network Cameras
• LED lighting
• VoIP Phone
• Wireless Radio Access Point
• Other Device Type

By Country

• US
• Canada
• Mexico
• Rest of North America