The global power over ethernet (POE) lighting market was valued at $0.3 billion in 2023 and is projected to reach $1.4 billion by 2033, growing at a CAGR of 17.0% from 2024 to 2033.
POE lighting is an ingenious lighting solution that assimilates data transmission and power over a single Ethernet cable. The technology is an energy-efficient and streamlined approach to lighting systems where electrical power is delivered along with data signals for the illumination of LED luminaires. To inject power into the Ethernet cable, POE lighting depends upon central power sourcing equipment (PSE), which is conventionally integrated into network switches or POE-enabled lighting controllers. The advantages of POE lighting include low infrastructure costs, simplified installation, and enhanced flexibility in lighting design & control. Ther lighting solutions are a major contributor toward energy efficiency and safety as they usually operate on low-voltage DC power.
Surge in the deployment of POE lighting solutions in several commercial & industrial spaces, including offices, retail spaces, and hospitality, is a major driver for the market growth. Moreover, increase in awareness about the availability of intelligent and adaptive lighting is boosting the demand for POE lighting. POE lighting systems, integrated with smart sensors and controls, are acquiring traction from consumers as they enable accurate management of lighting conditions and optimization of energy consumption, thereby enhancing the comfort of occupants.
However, POE lighting solutions are typically expensive as compared to the conventional lightings. This deters several end users from investing in them, thus restraining the development of the market. Furthermore, the scaling of PoE lighting deployments across large buildings or campuses requires intense planning as achieving the flexibility of accommodation for future expansions is a challenging task. On the contrary, constant innovations extending the applicability of the lighting solutions signify an opportunistic future for the power over ethernet (POE) lighting market. For instance, Ikan International, a provider of innovative broadcast solutions, recently introduced its cutting-edge POE lighting products which are expected to revolutionize the educational technology and audiovisual industries.
Segment Review
The power over ethernet (POE) lighting market is segmented into offering, wattage, applications, and region. By offering, the market is divided into hardware, software, and services. As per wattage, it is bifurcated into up to 25 watt and above 25 watt. Depending on application, it is categorized into commercial, residential, and industrial. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
By offering, the hardware segment is projected to maintain the lead position during the forecast period.
As per wattage, the up to 25 watt segment is expected to be the most lucrative during the forecast period.
Depending on application, the commercial segment is anticipated to be the highest shareholder by 2033.
Region wise, North America is predicted to be the largest revenue generator by 2033.
Competition Analysis
The major players operating in the power over ethernet (POE) lighting market are ALLNet GmbH, Axis Lighting, Cisco Systems, Inc., H.E. Williams, Inc, Waldmann Lighting, HUBBELL, Molex, Signify Holding, Wipro Lighting, and Innovative Lighting LLC. These players have adopted various key developmental strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the market.
POE lighting is an ingenious lighting solution that assimilates data transmission and power over a single Ethernet cable. The technology is an energy-efficient and streamlined approach to lighting systems where electrical power is delivered along with data signals for the illumination of LED luminaires. To inject power into the Ethernet cable, POE lighting depends upon central power sourcing equipment (PSE), which is conventionally integrated into network switches or POE-enabled lighting controllers. The advantages of POE lighting include low infrastructure costs, simplified installation, and enhanced flexibility in lighting design & control. Ther lighting solutions are a major contributor toward energy efficiency and safety as they usually operate on low-voltage DC power.
Surge in the deployment of POE lighting solutions in several commercial & industrial spaces, including offices, retail spaces, and hospitality, is a major driver for the market growth. Moreover, increase in awareness about the availability of intelligent and adaptive lighting is boosting the demand for POE lighting. POE lighting systems, integrated with smart sensors and controls, are acquiring traction from consumers as they enable accurate management of lighting conditions and optimization of energy consumption, thereby enhancing the comfort of occupants.
However, POE lighting solutions are typically expensive as compared to the conventional lightings. This deters several end users from investing in them, thus restraining the development of the market. Furthermore, the scaling of PoE lighting deployments across large buildings or campuses requires intense planning as achieving the flexibility of accommodation for future expansions is a challenging task. On the contrary, constant innovations extending the applicability of the lighting solutions signify an opportunistic future for the power over ethernet (POE) lighting market. For instance, Ikan International, a provider of innovative broadcast solutions, recently introduced its cutting-edge POE lighting products which are expected to revolutionize the educational technology and audiovisual industries.
Segment Review
The power over ethernet (POE) lighting market is segmented into offering, wattage, applications, and region. By offering, the market is divided into hardware, software, and services. As per wattage, it is bifurcated into up to 25 watt and above 25 watt. Depending on application, it is categorized into commercial, residential, and industrial. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
By offering, the hardware segment is projected to maintain the lead position during the forecast period.
As per wattage, the up to 25 watt segment is expected to be the most lucrative during the forecast period.
Depending on application, the commercial segment is anticipated to be the highest shareholder by 2033.
Region wise, North America is predicted to be the largest revenue generator by 2033.
Competition Analysis
The major players operating in the power over ethernet (POE) lighting market are ALLNet GmbH, Axis Lighting, Cisco Systems, Inc., H.E. Williams, Inc, Waldmann Lighting, HUBBELL, Molex, Signify Holding, Wipro Lighting, and Innovative Lighting LLC. These players have adopted various key developmental strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the market.
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Key Market Segments
By Offering
- Hardware
- Software
- Services
By Wattage
- Up to 25 watt
- Above 25 watt
By Application
- Commercial
- Residential
- Industrial
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
- ALLNet GmbH
- Axis Lighting
- Cisco Systems, Inc.
- H.E. Williams, Inc
- Waldmann Lighting
- HUBBELL
- Molex
- Signify Holding
- Wipro Lighting
- Innovative Lighting LLC
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: POWER OVER ETHERNET LIGHTING MARKET, BY OFFERING
CHAPTER 5: POWER OVER ETHERNET LIGHTING MARKET, BY WATTAGE
CHAPTER 6: POWER OVER ETHERNET LIGHTING MARKET, BY APPLICATION
CHAPTER 7: POWER OVER ETHERNET LIGHTING MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Executive Summary
According to this report, the power over ethernet (poe) lighting market was valued at $0.7 billion in 2022, and is estimated to reach $11.3 billion by 2032, growing at a CAGR of 31.6% from 2023 to 2032.The Power over ethernet (PoE) lighting market is likely to experience a significant growth rate of 31.56% from 2023-2032 in industrial and commercial application
Power over Ethernet (PoE) lighting is an innovative technology that facilitates the simultaneous transmission of data and electrical power through standard Ethernet network cables to efficiently power and manage lighting fixtures. By utilizing the existing Ethernet infrastructure commonly employed for data communication, PoE lighting delivers electrical power to compatible LED light fixtures, sensors, and control devices. The PoE lighting setup typically comprises a PoE network switch or midspan injector, responsible for supplying power to the connected devices.
A major advantage of PoE lighting lies in its flexibility and straightforward installation process. Merging power and data within a single cable eliminates the need for separate electrical wiring, leading to reduced installation costs and simplified setup. Additionally, PoE lighting enables intelligent lighting control and automation via network-connected devices, allowing for advanced lighting management, including dimming, color adjustments, and occupancy-based control. This technology is particularly attractive for commercial buildings and smart home applications, offering benefits such as energy efficiency, remote management capabilities, and potential integration with other smart systems. As PoE lighting technology continues to evolve and standards progress, it is poised to play an increasingly significant role in the future of lighting solutions.
The growth of the Power over Ethernet (PoE) lighting market is being driven by several key factors. The increasing demand for energy-efficient lighting solutions allows for intelligent control and automation, enabling users to optimize energy consumption by adjusting lighting levels based on occupancy and natural light availability. This energy-saving potential appeals to both commercial and residential sectors, where businesses and homeowners seek sustainable and cost-effective lighting options. The rise of smart building technology and the Internet of Things (IoT) is contributing to the expansion of the PoE lighting market. PoE lighting systems can be seamlessly integrated into smart building ecosystems, enabling centralized control and management of lighting networks alongside other connected devices and systems. This integration fosters improved building automation, enhanced user experience, and better data-driven decision-making for building owners and facility managers. As industries and consumers increasingly embrace IoT and smart building solutions, the demand for PoE lighting is expected to grow significantly, driving market expansion further.
The Power over Ethernet (PoE) lighting market presents promising growth opportunities for key players in the industry. As the adoption of smart building technologies and IoT continues to expand, there is a rising demand for integrated and energy-efficient lighting solutions. PoE lighting's ability to provide both power and data over a single Ethernet cable positions it as a competitive and attractive option for commercial, industrial, and residential applications. Key players in the market have the opportunity to develop and offer innovative PoE lighting products and solutions that cater to diverse customer needs, including advanced lighting control systems, compatibility with smart building ecosystems, and seamless integration with other IoT devices. By capitalizing on these opportunities and staying at the forefront of technological advancements, companies can strengthen their market position and drive sustained growth in the dynamic PoE lighting market.
The power over ethernet lighting market outlook is segmented on the basis of offering, wattage, application, and region. On the basis of offering, the power over ethernet lighting market analysis is divided into hardware, software, and services. In 2022, the hardware segment dominated the market, in terms of revenue, and it is expected to acquire major market share till 2032. On the basis of wattage, the power over ethernet lighting market share is segregated into upto 25 Watt, and above 25 Watt. The above 25 Watt segment acquired the largest share in 2022 and is is expected to grow at a significant CAGR from 2023 to 2032. On the basis of application, the power over ethernet lighting market size is segregated into commercial, residential, and industrial. The industrial segment acquired the largest share in 2022 and commercial segment is expected to grow at a significant CAGR from 2023 to 2032.
Region-wise, the power over ethernet lighting market trends are analyzed across North America (the U. S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Competitive analysis and profiles of the major global Power over ethernet (PoE) lighting market players that have been provided in the report ALLNet GmbH, Axis Lighting, CISCO SYSTEMS, H. E. Williams, Herbert Waldmann GmbH & Co. Kg (Waldmann Lighting), Hubbell Inc., Molex (Koch Industries), Signify Holding (Philips Lighting), Ubiquiti Networks Inc., and Wipro Lighting. For instance, In February 2023, Cisco announced the launch of Cisco Catalyst 9200CX, which is compact with HVDC, Cisco UPOE And mGig. This devices supports up to 60W PoE options.
Key Market Insights
The hardware segment was the highest revenue contributor to the market, with $358.66 million in 2022, and is estimated to reach $5.77 billion by 2032, with a CAGR of 32.07%.The above 25 watt segment was the highest revenue contributor to the market, with $391.69 million in 2022, and is estimated to reach $5.85 billion by 2032, with a CAGR of 31.1%.
The industrial segment was the highest revenue contributor to the market, with $332.76 million in 2022, and is estimated to reach $5.08 billion by 2032, with a CAGR of 31.39%.
North America was the highest revenue contributor, accounting for $307.68 million in 2022, and is estimated to reach $4.78 billion by 2032, with a CAGR of 31.62%. Asia-Pacific is estimated to reach $3.57 billion by 2032, at a significant CAGR of 32.12%.
Companies Mentioned
Key Market Players in the Power Over Ethernet Lighting Market include:- ALLNet GmbH
- Axis Lighting
- Cisco Systems, Inc.
- H.E. Williams, Inc
- Waldmann Lighting
- HUBBELL
- Molex
- Signify Holding
- Wipro Lighting
- Innovative Lighting LLC
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 450 |
| Published | June 2024 |
| Forecast Period | 2023 - 2033 |
| Estimated Market Value ( USD | $ 0.3 billion |
| Forecasted Market Value ( USD | $ 1.4 billion |
| Compound Annual Growth Rate | 17.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
