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Global Power Over Ethernet Lighting Market: By Offering: Hardware, Software, Services; By Wattage: Up to 25W, Greater than 25W, Others; By Application: Commercial, Industrial, Residential, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Power Over Ethernet Lighting Market Outlook

The global power over ethernet lighting industry reached a value of about USD 342 million in 2020. The industry is further expected to grow at a CAGR of about 33% in the forecast period of 2021-2026 to reach a value of around USD 1809 million by 2026.

 

Global Power Over Ethernet Lighting Market

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Asia Pacific to Support the Power Over Ethernet Lighting Market

Asia Pacific is likely to be one of the fastest growing regions for the global power over ethernet lightning industry. The growth in the region can be primarily attributed to the development and urbanisation in the region. There is a high growth potential in countries such as China, Japan, and India. Growth in the region can be attributed to the increase in infrastructure development projects within the region, primarily in China, where smart lighting paves the way for infrastructure modernisation. The industries present in this area are concentrating on modernising their spaces. This is also likely to create opportunities for PoE lighting vendors. Enhancing IEEE standards is expected to further improve the market.

 

Power Over Ethernet Lighting: Industry Definition and Segmentation

Power over ethernet, also referred to as PoE, is among the major additions to the long line of inventions in the field of lighting. It is a smart lighting solution which combines world-class LED luminaires with digital controls to produce an appropriate and desired lighting effect. The leading commercial lighting manufacturers claim that PoE is a modular lighting solution that promises increased productivity and increased safety in commercial spaces. It helps to build a smart and wired workspace and delivers perfect lighting to ensure maximum comfort.

 

Global Power Over Ethernet Lighting Market By Application

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Based on offering, the market can be divided into the following:

  • Hardware
  • Software 
  • Services

On the basis of wattage, the market can be categorised as follows:

  • Up to 25W
  • Greater than 25W
  • Others

Based on applications, the industry can be divided into the following:

  • Commercial
  • Industrial
  • Residential
  • Others

The regional markets for power over ethernet lighting can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Power Over Ethernet Lighting Market By Region

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Rising Infrastructure Industry Bolstering the Market Growth

The booming construction and infrastructure industry is driving the market growth. The growth of the market is primarily being driven by factors like rising population, urbanisation, and the rising disposable incomes of the consumers. Rising number of factories and industries is also propelling the industry growth. The key drivers for market growth are the rising penetration and lower costs of LEDs, the increased adoption of PoE lighting solutions in commercial and healthcare applications, and the thriving demand for cost-effective lighting solutions. Business opportunities include improving POE standards for higher capacity, speed and efficiency, the acceptance of smart and automated systems. The demand for smart workplaces is also likely to boost the market growth.

 

Key Industry Players in the Global Power Over Ethernet Lighting Market

The report gives a detailed analysis of the following key players in the global power over ethernet lighting market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Signify Holding
  • Hubbell Incorporated
  • Innovative Lighting, LLC
  • Waldmann Lighting
  • Microchip Technology Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Offering, Wattage, Application, Region
Breakup by Offering Hardware, Software, Services
Breakup by Wattage Up to 25W, Greater than 25W, Others
Breakup by Application Commercial, Industrial, Residential, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Signify Holding, Hubbell Incorporated, Innovative Lighting, LLC, Waldmann Lighting, Microchip Technology Inc. Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Power Over Ethernet Lighting Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Power Over Ethernet Lighting Historical Market (2016-2020) 
    8.3    Global Power Over Ethernet Lighting Market Forecast (2021-2026)
    8.4    Global Power Over Ethernet Lighting Market by Offering
        8.4.1    Hardware
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Software 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Services
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
    8.5    Global Power Over Ethernet Lighting Market by Wattage 
        8.5.1    Up to 25W
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Greater than 25W
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Others
    8.6    Global Power Over Ethernet Lighting Market by Application
        8.6.1    Commercial
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Industrial
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Residential
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Others
    8.7    Global Power Over Ethernet Lighting Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Signify Holding
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Hubbell Incorporated  
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Innovative Lighting, LLC
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Waldmann Lighting
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Microchip Technology Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Power Over Ethernet Lighting Market: Key Industry Highlights, 2016 and 2026
2.    Global Power Over Ethernet Lighting Historical Market: Breakup by Offering (USD Billion), 2016-2020
3.    Global Power Over Ethernet Lighting Market Forecast: Breakup by Offering (USD Billion), 2021-2026
4.    Global Power Over Ethernet Lighting Historical Market: Breakup by Wattage (USD Billion), 2016-2020
5.    Global Power Over Ethernet Lighting Market Forecast: Breakup by Wattage (USD Billion), 2021-2026
6.    Global Power Over Ethernet Lighting Historical Market: Breakup by Application (USD Billion), 2016-2020
7.    Global Power Over Ethernet Lighting Market Forecast: Breakup by Application (USD Billion), 2021-2026
8.    Global Power Over Ethernet Lighting Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Power Over Ethernet Lighting Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Power Over Ethernet Lighting Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Power Over Ethernet Lighting Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Power Over Ethernet Lighting Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Power Over Ethernet Lighting Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Power Over Ethernet Lighting Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Power Over Ethernet Lighting Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Power Over Ethernet Lighting Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Power Over Ethernet Lighting Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Power Over Ethernet Lighting Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Power Over Ethernet Lighting Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Global Power Over Ethernet Lighting Market Structure

Key Questions Answered in the Report

In 2020, the global power over ethernet lighting market attained a value of nearly USD 342 million.

The market is projected to grow at a CAGR of 33% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 1809 million by 2026.

The major drivers of the market include rising construction industry, increasing population, urbanisation, and the rising disposable incomes.

Growing penetration and lower costs of LEDs and the increased adoption of PoE lighting solutions in commercial and healthcare applications are the key industry trends propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The offering types include hardware, software, and services.

The segments based on wattage are up to 25W and greater than 25W among others.

The diverse applications for market are commercial, industrial, and residential, among others.

The major players in the industry are Signify Holding, Hubbell Incorporated, Innovative Lighting, LLC, Waldmann Lighting, and Microchip Technology Inc., among others.

Analyst Review

The global power over ethernet lighting market attained a value of USD 342 million in 2020, driven by the rising construction industry. Aided by the growing penetration of LEDs, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 33%. The market is projected to reach USD 1809 million by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its offering types, the power over ethernet lighting industry can be segmented into hardware, software, and services. The classification based on wattage are up to 25W and greater than 25W, among others. On the basis of applications, the industry is divided into commercial, industrial, and residential, among others. The major regional markets for power over ethernet lighting are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Signify Holding, Hubbell Incorporated, Innovative Lighting, LLC, Waldmann Lighting, and Microchip Technology Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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