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Power over Ethernet (POE) LED Lighting Market is driven by increasing demand for energy-efficient lighting solutions | Microsemi Corp., Linear Technology Corp., Maxim Integrated Products Inc., Cisco Systems, Inc
Power over Ethernet (POE) LED Lighting Market
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Power over Ethernet (POE) LED lighting is a type of lighting that uses Ethernet cable to deliver power to the lights. This type of lighting is becoming increasingly popular because it is more efficient than traditional lighting, and it can be used in a variety of applications. POE lighting is typically used in office buildings, warehouses, and other commercial settings.
Power over Ethernet (POE) is a type of data networking technology that allows for the delivery of electrical power to devices over standard Ethernet cabling. This eliminates the need for dedicated power lines or external power supplies, making POE-powered devices more convenient and cost-effective to deploy. POE-powered devices can include IP cameras and VoIP phones to wireless access points and LED lighting fixtures.
Key Trends
There are three key trends in Power over Ethernet (POE) LED Lighting technology:
1. The trend towards higher power levels: As POE technology matures, manufacturers are able to offer higher power levels. This means that POE LED lighting fixtures can now offer more light output, making them more suitable for a wider range of applications.
2. The trend towards more flexible installation: POE LED lighting fixtures are becoming more flexible in terms of installation. This means that they can be easily installed in a variety of locations, including difficult-to-reach places.
3. The trend towards smarter lighting: POE LED lighting fixtures are becoming more intelligent, with the ability to connect to the internet and offer a range of features and benefits. This includes the ability to remotely control the lighting, schedule lighting scenes, and monitor energy usage.
Key Drivers
The key drivers of the POE LED lighting market are the increasing demand for energy-efficient lighting solutions and the growing adoption of PoE technology. POE LED lighting is more energy-efficient than traditional lighting solutions, which reduces energy costs and helps to conserve resources. Additionally, PoE technology is becoming more widely adopted in data networking applications, making it more convenient and cost-effective to deploy POE-powered devices.
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Market Segmentation
The Power over Ethernet (POE) LED Lighting Market is segmented by offering, wattage, application, and region. By offering, the market is classified into hardware, software, and services. By wattage, the market is divided into up to 25 watts and above 25 watts. By application, the market is bifurcated into commercial and industrial. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the Power over Ethernet (POE) LED Lighting Market are Microsemi Corp., Linear Technology Corp., Maxim Integrated Products Inc., Cisco Systems, Inc., STMicroelectronics N.V., Texas Instruments Inc., Axis Communications AB, Cree, Inc., Panasonic Corp., and Koninklijke Philips N.V.
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Reasons to buy Power over Ethernet (POE) LED Lighting Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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