Global Power Over Ethernet (PoE) Lighting Solutions Market Insights, Forecast to 2028

Advancements in light-emitting diode (LED) and IP-based technology, combined with the need to save energy, has given rise to the rapid adoption of commercial digital lighting applications with LED lighting fixtures that can be controlled and monitored over Ethernet-based networks and remotely powered using Power over Ethernet (PoE) technology. These advanced PoE lighting applications rely on a well-designed structured cabling infrastructure, electronics and software connecting and communicating with IP-based fixtures, nodes, dimmers, a host of sensors and controllers to deliver maximum performance, comfort and energy savings.
Market Analysis and Insights: Global Power Over Ethernet (PoE) Lighting Solutions Market
The global Power Over Ethernet (PoE) Lighting Solutions market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Hardware accounting for % of the Power Over Ethernet (PoE) Lighting Solutions global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Commercial segment is altered to an % CAGR throughout this forecast period.
China Power Over Ethernet (PoE) Lighting Solutions market size is valued at US$ million in 2021, while the North America and Europe Power Over Ethernet (PoE) Lighting Solutions are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Power Over Ethernet (PoE) Lighting Solutions landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Power Over Ethernet (PoE) Lighting Solutions market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Power Over Ethernet (PoE) Lighting Solutions market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Power Over Ethernet (PoE) Lighting Solutions market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Power Over Ethernet (PoE) Lighting Solutions market.
Global Power Over Ethernet (PoE) Lighting Solutions Scope and Market Size
Power Over Ethernet (PoE) Lighting Solutions market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Power Over Ethernet (PoE) Lighting Solutions market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Hardware
Software and Services
Segment by Application
Commercial
Industrial
By Company
Cisco Systems
Cree
Philips Lighting
Molex
Innovative Lighting
NuLEDs
Igor
Hubbell Inc
Siemon
HE Williams
Silvertel
Wipro Lighting
Herbert Waldmann
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA