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Power Over Ethernet Lighting Market - By Component (Hardware, Software), By Wattage (Up To 25 Watts, Above 25 Watts), By End Use (Commercial, Industrial, Residential) & Forecast, 2024 – 2032

  • Report ID: GMI8169
  • Published Date: Feb 2024
  • Report Format: PDF

Power Over Ethernet Lighting Market Size

Power Over Ethernet Lighting Market was valued at over USD 260 million in 2023 and is estimated to register a CAGR of over 19% between 2024 & 2032. Power Over Ethernet (PoE) lighting is a system that delivers electrical power and data through Ethernet cables to LED light fixtures, enabling centralized control, energy efficiency, and smart functionality for lighting systems while simplifying installation and maintenance processes.
 

Power Over Ethernet Lighting Market

The growing demand for smart and automated systems is driving the expansion of the Power Over Ethernet (PoE) lighting industry. PoE lighting integrates seamlessly with IoT devices and building automation systems, providing centralized control, scheduling, and energy management. Businesses are increasingly adopting PoE lighting owing to its ability to improve operational efficiency, enhance the user experience, and lower energy costs by providing intelligent lighting solutions tailored to specific needs and preferences. For instance, in June 2022, onsemi launched two complete system solutions, supporting the most widely used building automation network protocols - PoE and KNX.
 

The growing adoption of LED lighting is driving the expansion of the Power Over Ethernet (PoE) lighting market. PoE technology enhances LED lighting systems by offering a flexible, energy-efficient, and centralized power & control solution. As businesses switch to LED lighting for its energy-saving benefits, PoE systems' compatibility and scalability make them an appealing option, propelling the market forward as organizations seek cost-effective and sustainable lighting solutions.
 

Power delivery constraints impede the Power Over Ethernet (PoE) lighting market growth. PoE standards put limitations on power output per device and total power delivery, lowering the number of devices and brightness levels that can be achieved. These restrictions may affect the scalability and flexibility of PoE lighting installations, reducing their effectiveness in larger or more demanding applications and hampering market growth as businesses seek robust & adaptable lighting solutions.
 

Power Over Ethernet Lighting Market Trends

The increasing popularity of LED lighting owing to its energy efficiency and long lifespan is boosting the demand for PoE lighting solutions. The increasing number of smart and automated building systems has generated interest in PoE technology owing to its seamless compatibility with Internet of Things (IoT) devices and building management systems. Businesses seeking versatile lighting options are particularly drawn to PoE systems due to their adaptability and scalable features. Furthermore, the growing emphasis on sustainability and eco-friendly initiatives is increasing the appeal of PoE lighting owing to its ability to save energy. For instance, in November 2022, Analog Devices, Inc. announced the world’s first Single-pair Power over Ethernet (SPoE), Power Sourcing Equipment (PSE), and Power Device (PD) solutions to help customers increase the level of intelligence in smart buildings, enhance factory automation, and drive other applications at the edge of traditional networks. The offerings facilitate powered, last-mile connectivity for factory and building automation through real-time power management, telemetry, extremely low standby power consumption, and ease of installation.
 

The centralized control and data analytics capabilities of PoE lighting systems enable efficient management of energy consumption and improved user satisfaction. PoE technology's versatility in a variety of industries including commercial, healthcare, and education is driving wide adoption. Businesses are increasingly recognizing the benefits of upgrading their lighting infrastructure with PoE solutions to improve operational efficiency and meet the changing industrial needs.
 

Power Over Ethernet Lighting Market Analysis

Power Over Ethernet Lighting Market, By End Use, 2021-2032, (USD Million)

Based on end use, the market is segmented into commercial, industrial, residential, and others. The commercial segment accounted for a market share of over 40% in 2023.
 

  • The growing popularity of PoE lighting in commercial spaces, such as offices, retail stores, and hotels, is attributed to its energy efficiency, low cost, and ease of installation. The demand for smart building solutions is spurring the adoption of PoE lighting systems, which integrate seamlessly with building automation and IoT devices. The emphasis on improving occupant comfort, productivity, and well-being in commercial environments is promoting the adoption of PoE lighting due to its customizable features.
     
  • As businesses prioritize sustainability and operational efficiency, PoE lighting emerges as a compelling solution, thereby fueling the growth of the commercial segment in the PoE lighting market.
     
Power Over Ethernet Lighting Market Share, By Component, 2023

Based on component, the market is segmented into hardware and software. The hardware segment is estimated to register a significant CAGR of over 18.5% between 2024 to 2032.
 

  • Hardware components required for Power Over Ethernet (PoE) lighting including luminaires (light fixtures), PoE switches, Ethernet cables, Power Sourcing Equipment (PSE), and Power Devices (PD) have the potential to grow significantly. As the demand for PoE lighting solutions surges due to factors, such as increased adoption of LED lighting, smart building technologies, and sustainability initiatives, the market for these hardware components is expected to expand.
     
  • Businesses seeking to modernize their lighting infrastructure with PoE systems will raise the demand for PoE-compatible luminaires, PoE switches that can deliver power & data, high-quality Ethernet cables, and dependable PSE & PD devices. This growth trajectory highlights the critical role of hardware components in the advancement of PoE lighting technologies.
     
U.S. Power Over Ethernet Lighting Market Size, 2021-2032, (USD Million)

North America held a significant share of over 30% in the global power over ethernet lighting market in 2023. The region's strong technological infrastructure and early adoption of smart building solutions foster a favorable environment for PoE lighting implementation. Rising investments in energy-efficient lighting solutions, combined with stringent regulations encouraging sustainability, are also propelling the adoption of PoE lighting systems. Furthermore, the presence of key market players and a rising awareness about the benefits of PoE technology will contribute to the PoE lighting market's expected growth in North America.
 

Power Over Ethernet Lighting Market Share

Cisco Systems, Inc. holds a significant share in the power over ethernet lighting industry. Cisco is a prominent player in networking and communication technology, providing PoE switches & solutions that support PoE lighting deployments in smart buildings and IoT environments.
 

Major players including Signify (formerly Philips Lighting), Cisco Systems, Inc., Current, powered by GE, and Cree, Inc. are also constantly implementing strategic measures, such as geographical expansion, acquisition, mergers, collaborations, partnerships, and product or service launches, to gain market shares.
 

Power Over Ethernet Lighting Market Companies

Major players operating in the power over ethernet lighting industry are:

  • Analog Devices, Inc.
  • Cisco Systems, Inc.
  • Cree, Inc.
  • Current, powered by GE
  • Digital Lumens, Inc.
  • H.E. Williams, Inc.
  • Hubbell Incorporated
  • Ideal Industries, Inc.
  • Igor Inc.
  • Innovative Lighting
  • Molex, LLC
  • Monolithic Power Systems, Inc.
  • NuLEDs, Inc.
  • Signify (formerly Philips Lighting)
  • Silvair, Inc.
  • STMicroelectronics
  • Texas Instruments Incorporated
  • Ubiquiti Inc.
  • Versa Technology Inc.
  • Zumtobel Group AG
     

Power Over Ethernet Lighting Industry News

  • In February 2023, Cisco launched new compact models in the Catalyst 9200 Series compact with HVDC, Cisco UPOE & mGig. The Catalyst 9200CX is designed to secure networks from the inside out, applying continuous zero-trust security anywhere, and often extending the network. With HVDC/AC power, PoE, and 60W Cisco UPOE, it can extend connectivity even further.
     
  • In August 2020, Signify expanded its affordable WiZ smart lighting system in the U.S. The WIZ portfolio includes smart bulbs in a wider variety of shapes & sizes, an integrated downlight, light strips, and accessories that allow the user to control the lighting.
     

The power over ethernet lighting market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

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Market, By Component

  • Hardware
    • Luminaires (light fixtures)
    • PoE switches
    • Ethernet cables
    • Power Sourcing Equipment (PSE)
    • Power Devices (PD)
  • Software

Market, By Wattage

  • Up To 25 watts
  • Above 25 watts

Market, By End Use

  • Commercial
    • Office buildings
    • Retail spaces
    • Healthcare facilities
    • Educational institutions
    • Hospitality industry
  • Industrial
    • Manufacturing facilities
    • Warehouses  
    • Factories      
    • Industrial plants      
    • Distribution centers 
  • Residential
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Rest of Asia Pacific 
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA

 

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for power over ethernet lighting surpassed USD 260 million in 2023 and is set to expand at over 19% CAGR between 2024 and 2032 driven by rising need to improve operational efficiency, enhance the user experience, and lower energy costs

Power over ethernet lighting industry from the hardware segment is anticipated to generate substantial revenue at over 18.5% growth rate between 2024 to 2032 as businesses are modernizing their lighting infrastructure with advanced lighting technologies.

North America industry accounted for over 30% revenue share in 2023 and is set to expand at a notable CAGR from 2024-2032 driven by the strong technological infrastructure and early adoption of smart building solutions in the region.

Leading power over ethernet lighting industry players are Analog Devices, Inc., Cisco Systems, Inc., Digital Lumens, Inc., H.E. Williams, Inc., Hubbell Incorporated, Ideal Industries, Inc., Igor Inc., Molex, LLC, NuLEDs, Inc., Silvair, Inc., STMicroelectronics, Texas Instruments Incorporated, Ubiquiti Inc., Versa Technology Inc., and Zumtobel Group AG, among others.

Power Over Ethernet Lighting Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 313
  • Countries covered: 22
  • Pages: 250
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