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Power Over Ethernet Lighting Market Size

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

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Power Over Ethernet Lighting Market Size

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.

Power Over Ethernet Lighting Market

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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.

Power Over Ethernet Lighting Market Report Attributes
Report Attribute	Details
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:	Rising demand for smart and automated systems Growing demand for energy-efficient solutions Growing preference for centralized control systems Increasing adoption of LED lighting Advancements in PoE standards and technology
Pitfalls & Challenges:	Power delivery constraints Infrastructure limitations

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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.

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.