Power over Ethernet Lighting Market: Introduction
- Power over Ethernet (PoE) lightning means connecting LED luminaries with digital control and Ethernet cable to power on the desired lightning
- The Ethernet cable transfers data as well as electrical power to connecting devices
- Ethernet cables can be used to power the low power devices such as security cameras, door lock systems, digital displays, phones, occupancy sensors, etc., owing to the development of low power lighting solutions
- Low power devices can be connected using Ethernet cable by using other hardware and software setups. Furthermore, the Ethernet cable offers several advantages over traditional electrical cables, such as cost-effective, easy to install such as plug-in –play facilities can be easily done, robust, and highly reliable.
Rise in demand due advancement in LED and IP technology with need to save energy.
- PoE can deliver power and network connectivity via a single cable through various technologies such as switches. Installation using PoE cable is easy while installing a new copper cable is expensive and complex. Thus, PoE saves cost and makes expansion simpler.
- Increase in smart buildings and smart homes has fueled the use of PoE, as it covers the data infrastructure as well as lightning and power connection to smart devices. Thus, several developments related to PoE-based LED lighting are propelling the Power over Ethernet lighting market.
- Increase in adoption of IIoT and IoT for the last years is also boosting the Power over Ethernet lighting market, as majorly all IoT devices can be connected through Ethernet cables
- The global IoT market is expanding at a rapid pace, which is raising concerns and challenges about management, security, and compliance. All of these can be securely handled by Power over Ethernet and other security solutions.
- PoE lighting is more cost-efficient option for automated lighting and helps to manage the power supply for devices through a centralized switch
Asia Pacific to Hold Prominent Share of Global Market
- Asia Pacific is estimated to hold a notable share of the global PoE lightning market due to increasing infrastructural investment in this region. Especially the commercial sector, which is expanding at a rapid pace, offers significant potential, as the infrastructure setup for offices and factories largely prefer PoE that offers considerable benefits.
- The Power over Ethernet lighting market in North America and Europe is also estimated to expand significantly, as new IEEE standards are also expected to boost the adoption of PoE in the near future.
- Several governments are also promoting energy-efficient lighting systems in all sectors, which in turn is projected to propel the market for Power over Ethernet lighting across the globe
Key Players in Global Power over Ethernet Lighting Market
Several key players are engaged in the development of PoE lighting and development of hardware and software needed for PoE
Key players include:
- Cypress
- Cisco Systems
- Wipro Lighting
- NETGEAR
- Signify Holding
- Hubbell Inc.
- H.E. Williams
- Molex
- Prolojik
- Herbert Waldmann
- Igor
- ALLNet
Power over Ethernet Lighting Market Scope
Power over Ethernet Lighting Market, by Type
- Powered device
- Power sourcing equipment
- Others
Power over Ethernet Lighting Market, by Application
- Connectivity
- Led lighting control
- Security and access control
- Others
Power over Ethernet Lighting Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- U.K.
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- South America
- Argentina
- Brazil
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
