The global market for Power over Ethernet (PoE) Lighting is estimated at US$392.7 Million in 2023 and is projected to reach US$2.2 Billion by 2030, growing at a CAGR of 27.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the PoE lighting market is driven by several factors, including the increasing demand for energy-efficient lighting solutions and the rising adoption of smart home and building automation technologies. As buildings become smarter and more connected, the integration of lighting with other building systems becomes more feasible and desirable, both for energy management and for enhancing building functionality. Additionally, the growing awareness of the environmental impact of energy use in buildings has pushed for more sustainable solutions, which PoE lighting can provide.
The push towards green building standards and the global movement towards energy efficiency in commercial and residential sectors further fuels the adoption of PoE lighting solutions. Moreover, the reduction in costs for network technologies and the increased availability of compatible devices are making PoE solutions more accessible and appealing to a broader market.
The growth in the PoE lighting market is driven by several factors, including the increasing demand for energy-efficient lighting solutions and the rising adoption of smart home and building automation technologies. As buildings become smarter and more connected, the integration of lighting with other building systems becomes more feasible and desirable, both for energy management and for enhancing building functionality. Additionally, the growing awareness of the environmental impact of energy use in buildings has pushed for more sustainable solutions, which PoE lighting can provide.
The push towards green building standards and the global movement towards energy efficiency in commercial and residential sectors further fuels the adoption of PoE lighting solutions. Moreover, the reduction in costs for network technologies and the increased availability of compatible devices are making PoE solutions more accessible and appealing to a broader market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the PoE Lighting Hardware segment, which is expected to reach US$1.2 Billion by 2030 with a CAGR of a 24.8%. The PoE Lighting Software & Services segment is also set to grow at 32.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $114.4 Million in 2023, and China, forecasted to grow at an impressive 35.2% CAGR to reach $389.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Power over Ethernet (PoE) Lighting Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Power over Ethernet (PoE) Lighting Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Power over Ethernet (PoE) Lighting Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cisco Systems, Inc., Eaton Corporation PLC, Advantech Co., Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 51 Featured):
- Cisco Systems, Inc.
- Eaton Corporation PLC
- Advantech Co., Ltd.
- Leviton Manufacturing Co., Inc.
- Axis Communications AB
- Hubbell, Inc.
- Korenix Technology Co., Ltd.
- ALLNET GmbH
- Kinetic Technologies
- Enlighted Inc.
- Hewlett Packard Enterprise Development LP (HPE)
- Deco Lighting, Inc.
- Igor Inc.
- Color Kinetics
- Cree Lighting
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- Cisco Systems, Inc.
- Eaton Corporation PLC
- Advantech Co., Ltd.
- Leviton Manufacturing Co., Inc.
- Axis Communications AB
- Hubbell, Inc.
- Korenix Technology Co., Ltd.
- ALLNET GmbH
- Kinetic Technologies
- Enlighted Inc.
- Hewlett Packard Enterprise Development LP (HPE)
- Deco Lighting, Inc.
- Igor Inc.
- Color Kinetics
- Cree Lighting
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 359 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 392.7 Million |
| Forecasted Market Value ( USD | $ 2200 Million |
| Compound Annual Growth Rate | 27.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
