Power over Ethernet (POE) LED Lighting Market in 2023: Segmentation, Outlook, and Industry Report to 2026


Posted January 27, 2023 by ankitab

Power over Ethernet (POE) LED Lighting Market Report provides competitive research of market size, shares, gross margin, and revenue.

 
Modern lighting solutions are being adopted by more commercial buildings, which would help to maintain energy usage and demand less Ethernet. The adoption of power over ethernet LED lighting market among some advanced lighting systems, such as enterprise networks and LED Lighting systems, is growing in popularity with end users. Direct current (DC) power is used by POE LED Lighting to operate; this eliminates the need for the conventional electrical AC wire system. When deployed at a low cost, POE lighting requires maintenance energy, energy from end users, and installation with another lighting system.

A LAN switching technology is called power over ethernet (PoE). Data and low-voltage direct current (DC) power from power sourcing equipment (PSE) can be transmitted across ethernet connection with the aid of PoE technology. In addition to IP phones, cameras, point-of-sale terminals, access control card readers, LED luminaires, and other industrial and building automation applications, these Ethernet cables also assist in connecting powered devices.

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LIST OF KEY COMPANIES PROFILED :

Akros Silicon, Inc.
Cisco Systems, Inc.
Eaton lighting
GENISYS PoE Lighting Systems
Igor, Inc.
Maxim Integrated Products, Inc.
NuLEDs, Inc.
Platformatics INC.
Signify Holding (Philips)
Texas Instruments Incorporated.


MARKET DRIVERS:

The POE LED Lighting market is expected to grow quickly due to the rising adoption of modern lighting systems in smart buildings. Additionally, an increase in linked devices would expand the market for POE lighting. As a result, POE lighting technology will be able to communicate with Alexa, Siri, and other virtual assistants and control gadgets. During the projection period, next-generation Li-Fi technology will present a potential opportunity for the market. Li-Fi technology is a cutting-edge form of wireless transmission that makes use of LED lights. Lighting over PoE is free of installation fees. Li-Fi can use current LED lights to transport data, and in the near future, PoE can be used to power Li-Fi technology.



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The key benefits of a Power over Ethernet (POE) LED Lighting market include:

Energy efficiency: POE LED lighting is highly energy efficient, which helps reduce energy costs and minimize the environmental impact of lighting.

Easy installation: POE LED lighting can be easily installed, as it does not require additional wiring for power. This can help reduce installation costs and minimize disruption to operations.

Flexibility: POE LED lighting can be easily integrated into existing network infrastructure, allowing for easy control and management of lighting systems.

Cost-effectiveness: POE LED lighting is a cost-effective solution as it eliminates the need for additional power wiring and electrical work.

Scalability: POE LED lighting can be easily expanded or upgraded, making it suitable for use in a wide range of applications.

Reliability: POE LED lighting is known for its high level of reliability and durability, making it suitable for use in industrial and commercial environments.

Remote control and monitoring: POE LED lighting can be controlled and monitored remotely using a network connection, allowing for greater flexibility and convenience in managing lighting systems.

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Regional Analysis:

North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America are the five main geographic segments of the market. For the purposes of market analysis and projection, these areas are further divided into individual nations. North America is anticipated to dominate the POE LED Lighting market globally and to expand at a respectable CAGR (%) over the forecast period. The significant presence of technology providers in this area and the quick uptake of core technologies that help to improve control over light quality, reduce power consumption, and boost overall efficiency are key factors in the region's growth. The need for power over Ethernet in this region is also being driven by the increased demand for security and access control applications in smart cities and smart buildings.

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Issued By fortune bussiness insights
Country India
Categories Business
Last Updated January 27, 2023