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Base Year
Historical Year
Forecast Year
The global power over ethernet lighting industry reached a value of about USD 804.60 million in 2023. The industry is further expected to grow at a CAGR of about 33% in the forecast period of 2024-2032 to reach a value of around USD 10,477.15 million by 2032.
Global Power Over Ethernet Lighting Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | 804.60 |
Market Size 2032 | USD Million | 10,477.15 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 33.0% |
CAGR 2024-2032 - Market by Region | Latin America | 34.8% |
CAGR 2024-2032 - Market by Country | Saudi Arabia | 34.9% |
CAGR 2024-2032 - Market by Country | China | 34.4% |
CAGR 2024-2032 - Market by Offering | Hardware | 36.2% |
CAGR 2024-2032 - Market by Wattage | Up to 25W | 35.6% |
Market Share by Country 2023 | Australia | 2.8% |
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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, 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.
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Based on offering, the market can be divided into the following:
On the basis of wattage, the market can be categorised as follows:
Based on applications, the industry can be divided into the following:
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.
CAGR 2024-2032 - Market by | Country |
Saudi Arabia | 34.9% |
China | 34.4% |
Mexico | 34.0% |
UK | 32.3% |
USA | 31.2% |
Canada | XX% |
Germany | 29.1% |
France | XX% |
Italy | XX% |
Japan | XX% |
India | XX% |
Australia | XX% |
Brazil | XX% |
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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.
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:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Offering |
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Breakup by Wattage |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global power over ethernet lighting market attained a value of nearly USD 804.60 million.
The market is projected to grow at a CAGR of 33% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 10,477.15 million by 2032.
The major market drivers include the growing construction sector, surging population, rapid urbanisation, and rising disposable incomes.
The key trends guiding the market development include growing penetration and lower costs of LEDs and the surging adoption of PoE lighting solutions in healthcare and commercial applications.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major offering segments considered in the market report include hardware, software, and services.
The various segmentations based on wattage of the product considered in the market report are up to 25W and greater than 25W, among others.
The significant applications of power over ethernet include commercial, residential, and industrial, among others.
The major players in the market include Signify Holding, Hubbell Incorporated, Innovative Lighting, LLC, Waldmann Lighting, and Microchip Technology Inc., among others.
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Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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