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Power Over Ethernet Lighting Market Share

Report ID: GMI8169
Published Date: Feb 2024
Report Format: PDF

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Power Over Ethernet Lighting Market Share

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.

Power Over Ethernet Lighting Market Companies

Major players operating in the power over ethernet lighting industry are:

Analog Devices, Inc.
Cisco Systems, Inc.
Cree, Inc.
Current, powered by GE
Digital Lumens, Inc.
H.E. Williams, Inc.
Hubbell Incorporated
Ideal Industries, Inc.
Igor Inc.
Innovative Lighting
Molex, LLC
Monolithic Power Systems, Inc.
NuLEDs, Inc.
Signify (formerly Philips Lighting)
Silvair, Inc.
STMicroelectronics
Texas Instruments Incorporated
Ubiquiti Inc.
Versa Technology Inc.
Zumtobel Group AG

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for power over ethernet lighting surpassed USD 260 million in 2023 and is set to expand at over 19% CAGR between 2024 and 2032 driven by rising need to improve operational efficiency, enhance the user experience, and lower energy costs

Power over ethernet lighting industry from the hardware segment is anticipated to generate substantial revenue at over 18.5% growth rate between 2024 to 2032 as businesses are modernizing their lighting infrastructure with advanced lighting technologies.

North America industry accounted for over 30% revenue share in 2023 and is set to expand at a notable CAGR from 2024-2032 driven by the strong technological infrastructure and early adoption of smart building solutions in the region.

Leading power over ethernet lighting industry players are Analog Devices, Inc., Cisco Systems, Inc., Digital Lumens, Inc., H.E. Williams, Inc., Hubbell Incorporated, Ideal Industries, Inc., Igor Inc., Molex, LLC, NuLEDs, Inc., Silvair, Inc., STMicroelectronics, Texas Instruments Incorporated, Ubiquiti Inc., Versa Technology Inc., and Zumtobel Group AG, among others.