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Power Over Ethernet Lighting Market was valued at over USD 260 million in 2023 and is estimated to register a CAGR of over 19% between 2024 & 2032. Power Over Ethernet (PoE) lighting is a system that delivers electrical power and data through Ethernet cables to LED light fixtures, enabling centralized control, energy efficiency, and smart functionality for lighting systems while simplifying installation and maintenance processes.
The growing demand for smart and automated systems is driving the expansion of the Power Over Ethernet (PoE) lighting industry. PoE lighting integrates seamlessly with IoT devices and building automation systems, providing centralized control, scheduling, and energy management. Businesses are increasingly adopting PoE lighting owing to its ability to improve operational efficiency, enhance the user experience, and lower energy costs by providing intelligent lighting solutions tailored to specific needs and preferences. For instance, in June 2022, onsemi launched two complete system solutions, supporting the most widely used building automation network protocols - PoE and KNX.
Report Attribute | Details |
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Base Year: | 2023 |
Power Over Ethernet Lighting Market Size in 2023: | USD 260 Million |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 19% |
2024 – 2032 Value Projection: | USD 1.3 Billion |
Historical Data for: | 2018 – 2023 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 313 |
Segments covered: | Component, wattage, end use |
Growth Drivers: |
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Pitfalls & Challenges: |
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The growing adoption of LED lighting is driving the expansion of the Power Over Ethernet (PoE) lighting market. PoE technology enhances LED lighting systems by offering a flexible, energy-efficient, and centralized power & control solution. As businesses switch to LED lighting for its energy-saving benefits, PoE systems' compatibility and scalability make them an appealing option, propelling the market forward as organizations seek cost-effective and sustainable lighting solutions.
Power delivery constraints impede the Power Over Ethernet (PoE) lighting market growth. PoE standards put limitations on power output per device and total power delivery, lowering the number of devices and brightness levels that can be achieved. These restrictions may affect the scalability and flexibility of PoE lighting installations, reducing their effectiveness in larger or more demanding applications and hampering market growth as businesses seek robust & adaptable lighting solutions.
The increasing popularity of LED lighting owing to its energy efficiency and long lifespan is boosting the demand for PoE lighting solutions. The increasing number of smart and automated building systems has generated interest in PoE technology owing to its seamless compatibility with Internet of Things (IoT) devices and building management systems. Businesses seeking versatile lighting options are particularly drawn to PoE systems due to their adaptability and scalable features. Furthermore, the growing emphasis on sustainability and eco-friendly initiatives is increasing the appeal of PoE lighting owing to its ability to save energy. For instance, in November 2022, Analog Devices, Inc. announced the world’s first Single-pair Power over Ethernet (SPoE), Power Sourcing Equipment (PSE), and Power Device (PD) solutions to help customers increase the level of intelligence in smart buildings, enhance factory automation, and drive other applications at the edge of traditional networks. The offerings facilitate powered, last-mile connectivity for factory and building automation through real-time power management, telemetry, extremely low standby power consumption, and ease of installation.
The centralized control and data analytics capabilities of PoE lighting systems enable efficient management of energy consumption and improved user satisfaction. PoE technology's versatility in a variety of industries including commercial, healthcare, and education is driving wide adoption. Businesses are increasingly recognizing the benefits of upgrading their lighting infrastructure with PoE solutions to improve operational efficiency and meet the changing industrial needs.
Based on end use, the market is segmented into commercial, industrial, residential, and others. The commercial segment accounted for a market share of over 40% in 2023.
Based on component, the market is segmented into hardware and software. The hardware segment is estimated to register a significant CAGR of over 18.5% between 2024 to 2032.
North America held a significant share of over 30% in the global power over ethernet lighting market in 2023. The region's strong technological infrastructure and early adoption of smart building solutions foster a favorable environment for PoE lighting implementation. Rising investments in energy-efficient lighting solutions, combined with stringent regulations encouraging sustainability, are also propelling the adoption of PoE lighting systems. Furthermore, the presence of key market players and a rising awareness about the benefits of PoE technology will contribute to the PoE lighting market's expected growth in North America.
Cisco Systems, Inc. holds a significant share in the power over ethernet lighting industry. Cisco is a prominent player in networking and communication technology, providing PoE switches & solutions that support PoE lighting deployments in smart buildings and IoT environments.
Major players including Signify (formerly Philips Lighting), Cisco Systems, Inc., Current, powered by GE, and Cree, Inc. are also constantly implementing strategic measures, such as geographical expansion, acquisition, mergers, collaborations, partnerships, and product or service launches, to gain market shares.
Major players operating in the power over ethernet lighting industry are:
The power over ethernet lighting market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:
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Market, By Component
Market, By Wattage
Market, By End Use
The above information is provided for the following regions and countries: