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Power Over Ethernet Lighting Market is projected to expand at a steady CAGR over the forecast by 2031 |Philips Lighting GE Lighting Cree Acuity Brands Lighting, Inc., Eaton

01-20-2023 04:58 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Global insight services

Power Over Ethernet Lighting Market is projected to expand at

New York, Global Power Over Ethernet Lighting Market report from Global Insight Services is the single authoritative source of intelligence on Power Over Ethernet Lighting Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Read more about Power Over Ethernet Lighting Market here: https://www.globalinsightservices.com/reports/power-over-ethernet-lighting-market/

Power over Ethernet (PoE) lighting is a type of lighting system that uses Ethernet cables to deliver power to the lights. The lights are then controlled using a PoE switch or controller. This type of lighting system is becoming increasingly popular because it eliminates the need for AC power outlets and makes it easy to control the lights from a central location.

PoE lighting is a cost-effective and energy-efficient lighting solution as it uses the existing data network cabling infrastructure for power supply. PoE lighting is also easy to install and does not require any new wiring. Moreover, PoE lighting offers several benefits such as remote monitoring and control, reduced installation and maintenance costs, and flexibility in lighting design.

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Key Trends

The key trends in Power over Ethernet lighting technology are:

Increased Efficiency: Power over Ethernet lighting technology is becoming increasingly efficient, with new products offering up to 95 percent efficiency. This means that less power is wasted as heat, making these products more environmentally friendly.

More Affordable: Power over Ethernet lighting products are becoming more affordable, as the technology becomes more mainstream. This means that more businesses and homeowners can take advantage of the benefits of this type of lighting.
Greater Versatility: Power over Ethernet lighting products are becoming more versatile, with new products offering a variety of features and benefits. This means that there is a product to suit every need, and that users can tailor their lighting setup to their specific needs.

Key Drivers

There are several key drivers of Power Over Ethernet lighting market.

First, Power Over Ethernet lighting offers many benefits over traditional lighting systems, including reduced installation and operational costs, improved energy efficiency, and enhanced lighting control capabilities. In addition, Power Over Ethernet lighting is becoming increasingly popular in a variety of applications, including office buildings, retail establishments, and industrial facilities.

Another key driver of Power Over Ethernet lighting market is the growing adoption of Internet of Things (IoT) and connected lighting technologies. Power Over Ethernet lighting is well-suited for IoT applications due to its ability to provide power and data over a single cable. This reduces the need for separate power and data cables, which can simplify installation and reduce costs.

Finally, the increasing awareness of the environmental benefits of Power Over Ethernet lighting is also driving market growth. Power Over Ethernet lighting can help reduce energy consumption and greenhouse gas emissions, making it an attractive option for organizations looking to reduce their environmental impact.

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Market Segments

By Offering

Hardware
Software & Services
By Wattage

Up to 25 Watt
Above 25 Watt
By Application

Commercial
Industrial
Others

Key Companies

Philips Lighting
GE Lighting
Cree
Acuity Brands Lighting, Inc.,
Eaton
Osram,
Hubbell Lighting
Leviton Manufacturing Company
Zumtobel Group AG
Digital Lumens, Inc.
TCP International Holdings Ltd.

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With Global Insight Services, you receive:

• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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