Power Over Ethernet Solutions Market - Forecast(2024 - 2030)
Power Over Ethernet Solutions Market Overview
Power Over Ethernet
Solutions (PoE) Market size was valued at $735.4 million in 2021 and is expected to grow at a CAGR of 12.2% during forecast period 2022-2027.
PoE is a technology which describes several standard ad-hoc systems that are
used for power and data transmission over an existing data connection with a
single Ethernet cabling with a network interface controller. Low cost, low maintenance, easy installation and less
downtime are some of the factors make it more advanced than traditional network
power cables. The rising energy cost and adoption of PoE midspans for Gigabit Ethernet in commercial
and industrial sectors for injecting power without affecting the data are
expected to surge the overall Power Over Ethernet Solutions market demand
during the forecast period. POE injector or midspans enables to carry both
data and electricity, thus the Internet-based devices as VoIP phones can work
by connecting to just one cable instead for two. The growth of this market is
being propelled by the growing demand for PoE-based products such as VoIP
phones, IP Cameras, Wireless access points and Digital Signage. The benefits of
VoIP phones such as low cost of communication, ease of installation, and
maintenance, among others, have led to the increase in deployment of VoIP
phones which will further boost the Power Over Ethernet Solutions Market during
the given forecast period 2022-2027.
Power Over Ethernet Solutions Market Report Coverage
The report: “Power
Over Ethernet Solutions Market – Forecast (2022-2027)”, by
IndustryARC, covers an in-depth analysis of the following segments of the Power
Over Ethernet Solutions Market Report.
Key Takeaways
- North America dominates the Power Over Ethernet Solutions market owing to high investments and early adoption of advanced technologies such as IoT and smart buildings.
- Growing adoption of PoE for smart buildings as it reduces installation costs, offer responsive deployment. It benefits building owners as they are cost effective compared to traditional electrical wiring.
- High adoption of PoE in smart grids with increasing investments in smart grid infrastructure and its up gradation set to boost the PoE market demand.
- Limited power capacity and limited distance for data transmission has been hampering the growth of the market. However, high investments and development of new standards and solutions with advancing technologies are creating opportunities for the market growth.
802.3Bt Standard holds the
major share in Power Over Ethernet Solutions market at 42.2% in 2021. Growing
demand for high powered devices in order to support smart devices connected to
the Ethernet network is set to drive the PoE market growth. In 2018, The Institute
of Electrical and Electronics Engineers (IEEE) had ratified as in order to meet
the power demand of smart buildings and IoT applications. Integration of smart
devices has become cost effective with the PoE compared to traditional
wiring. This standard increases the maximum PoE, and enable multiple and high-power
management capability. It also enables PoE injectors in order to carry out
power and data transmission using large bandwidth to wired and wireless devices
such as PTZ security cameras, exterior-mounted IP cameras, and next-generation
wireless access points (WAPs), interactive and self-service kiosks and others.
This increases the demand for 802.3Bt Standard, thereby driving the PoE market.
Power Over Ethernet Solutions Market Segment Analysis -
By Application
LED Lighting has been the
primary application for Power Over Ethernet Solutions market and is expected to
grow at a CAGR of 12.6% during forecast period 2022-2027. In LED Lighting, PoE
can be used to eliminate separate power supplies and additional AC electrical infrastructure
to power IP enabled building systems. With growing adoption of IoT technology
in industries, there has been a wide adoption of LED lighting owing to its high
efficiency. PoE is highly used in simplified deployment of LED lighting as it
doesn’t require a home gateway, unlike Zigbee Z-Wave home automation standard,
making them ideal for home and industrial automation. Many companies have been
introducing PoE solutions for LED lighting applications as it can be easily
operated through mobile using internet. For instance, in January 2020, Philips
Lighting had expanded their installation of the first-ever Power Over Ethernet
Solutions connected lighting system. This boosts the demand for PoE in LED
lighting application, thereby creating opportunities for the market.
Power Over Ethernet Solutions Market Segment Analysis -
By Geography
North America dominated the Power Over Ethernet Solutions market with a share of 34.2% in 2021, followed by Europe and APAC. The presence of large number of PoE power sourcing equipment as well as powered device manufacturers in this region is set to drive the PoE market. Growing adoption of PoE systems and early adoption of this technology for various commercial and industrial applications have also been pushing the market growth in North America region. High adoption of PoE with increasing adoption of automation and IoT technologies in various industries and growing investments in smart grid infrastructure is set to increase the North American PoE market.
Power Over Ethernet Solutions Market Drivers
Adoption of advanced
technologies such as Internet of Things (IoT) and Smart buildings
With the implementation of
IoT technology, there has been increasing adoption of Power Over Ethernet
Solutions systems in various industries which set to drive the market growth.
Growing number of connected devices that generate more power, light, and data
converged networks in IoT-enabled infrastructure have been escalating the
demand for PoE solutions. Additionally, PoE assists in eliminating the need for
electric points for the smart sensors that can be integrated on the network at
any location. With the help of PoE, smart buildings can utilize a single cable
without the need of human touch for powering and communicating with the access
points, VoIP networks, IP surveillance cameras, smart lighting luminaries,
feature rich video IP phones, other smart devices, and sensors. High adoption
of PoE solutions in industries as they are used for high efficiency
applications and helps in reducing system cost, thereby driving the market.
Growing adoption of PoE in
smart grids
In smart grids, PoE is used to transfer data and power by a single wire to field devices that assists in the optimum consumption of space and effective utilization of data communication technologies. Smart grids need strategic up gradation of network infrastructure in order to support advanced technologies and services. Many countries have been focusing on investments on smart grid which set to drive the market. For instance, in 2020, Ameren which is one of the largest utility companies in the Midwest U.S. has planned to spend $7.6 billion in smart grid technology for five-year grid modernization. Increasing adoption of PoE with increasing investments in smart grid infrastructure set to drive the market growth.
Power Over Ethernet Solutions Market Challenges
Limited Power Capacity
hamper the market growth
Power Over Ethernet
Solutions has limited power capacity which hampers the market growth. PoE has
capacity to supply ample power to standard pan tilt zoom (PTZ) cameras but they
cannot provide sufficient electrical energy for high power consumption devices
such as network PTZ cameras which restraints the market growth. In addition to
this, usually single PoE power source or switch is connected to multiple
powered devices, in this case, if any of the PoE network devices encounter a
problem or an issue, there is a chance in which all the devices will stop
working. This limits the growth of PoE market.
Power Over Ethernet Solutions Market Landscape
Product launches,
acquisitions and R&D activities are the key strategies adopted by players
in the Power Over Ethernet Solutions market. The Power Over Ethernet Solutions top
10 companies are:
- Microsemi Corp.
- Linear Technology Corp.
- Maxim Integrated Products Inc.
- Cisco Systems, Inc.
- STMicroelectronics N.V.
- Texas Instruments Inc.
- Cree, Inc.
- Koninklijke Philips N.V
- Panasonic Corp.
- D-Link Corp.
Recent Developments
- In April 2021, ABB launched the world’s first Power Over Ethernet Solutions flowmeters. ABB has incorporated power supply through Ethernet connectivity on board the latest edition of their electromagnetic flowmeter ProcessMaster* and mass flowmeter CoriolisMaster
- In March 2021, Microchip Released the First IEEE 802.3bt Power Over Ethernet Solutions to USB Type-C Power and Data Adapter.
- In July 2020, Silicon Labs launched a complete 802.3bt PoE product portfolio that is able to provide higher power and outstanding integration as well as more advanced functions
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LIST OF TABLES
1.Global Power Over Ethernet Solutions Market By Type Market 2023-2030 ($M)2.Global Power Over Ethernet Solutions Market By Device Type Market 2023-2030 ($M)
2.1 Power Sourcing Equipment Market 2023-2030 ($M) - Global Industry Research
2.2 Powered Devices Market 2023-2030 ($M) - Global Industry Research
2.2.1 VoIP Phones Market 2023-2030 ($M)
2.2.2 Wireless Access Points Market 2023-2030 ($M)
2.2.3 Ip Cameras Market 2023-2030 ($M)
3.Global Power Over Ethernet Solutions Market By Vertical Market 2023-2030 ($M)
3.1 Commercial Market 2023-2030 ($M) - Global Industry Research
3.1.1 Office Buildings Market 2023-2030 ($M)
3.1.2 Healthcare Market 2023-2030 ($M)
3.1.3 Retail Market 2023-2030 ($M)
3.2 Residential Market 2023-2030 ($M) - Global Industry Research
3.3 Industrial Market 2023-2030 ($M) - Global Industry Research
3.3.1 Oil & Gas Market 2023-2030 ($M)
3.3.2 Transportation Market 2023-2030 ($M)
3.3.3 Telecommunication Market 2023-2030 ($M)
3.3.4 Power Market 2023-2030 ($M)
4.Global Power Over Ethernet Solutions Market By Type Market 2023-2030 (Volume/Units)
5.Global Power Over Ethernet Solutions Market By Device Type Market 2023-2030 (Volume/Units)
5.1 Power Sourcing Equipment Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Powered Devices Market 2023-2030 (Volume/Units) - Global Industry Research
5.2.1 VoIP Phones Market 2023-2030 (Volume/Units)
5.2.2 Wireless Access Points Market 2023-2030 (Volume/Units)
5.2.3 Ip Cameras Market 2023-2030 (Volume/Units)
6.Global Power Over Ethernet Solutions Market By Vertical Market 2023-2030 (Volume/Units)
6.1 Commercial Market 2023-2030 (Volume/Units) - Global Industry Research
6.1.1 Office Buildings Market 2023-2030 (Volume/Units)
6.1.2 Healthcare Market 2023-2030 (Volume/Units)
6.1.3 Retail Market 2023-2030 (Volume/Units)
6.2 Residential Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Industrial Market 2023-2030 (Volume/Units) - Global Industry Research
6.3.1 Oil & Gas Market 2023-2030 (Volume/Units)
6.3.2 Transportation Market 2023-2030 (Volume/Units)
6.3.3 Telecommunication Market 2023-2030 (Volume/Units)
6.3.4 Power Market 2023-2030 (Volume/Units)
7.North America Power Over Ethernet Solutions Market By Type Market 2023-2030 ($M)
8.North America Power Over Ethernet Solutions Market By Device Type Market 2023-2030 ($M)
8.1 Power Sourcing Equipment Market 2023-2030 ($M) - Regional Industry Research
8.2 Powered Devices Market 2023-2030 ($M) - Regional Industry Research
8.2.1 VoIP Phones Market 2023-2030 ($M)
8.2.2 Wireless Access Points Market 2023-2030 ($M)
8.2.3 Ip Cameras Market 2023-2030 ($M)
9.North America Power Over Ethernet Solutions Market By Vertical Market 2023-2030 ($M)
9.1 Commercial Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Office Buildings Market 2023-2030 ($M)
9.1.2 Healthcare Market 2023-2030 ($M)
9.1.3 Retail Market 2023-2030 ($M)
9.2 Residential Market 2023-2030 ($M) - Regional Industry Research
9.3 Industrial Market 2023-2030 ($M) - Regional Industry Research
9.3.1 Oil & Gas Market 2023-2030 ($M)
9.3.2 Transportation Market 2023-2030 ($M)
9.3.3 Telecommunication Market 2023-2030 ($M)
9.3.4 Power Market 2023-2030 ($M)
10.South America Power Over Ethernet Solutions Market By Type Market 2023-2030 ($M)
11.South America Power Over Ethernet Solutions Market By Device Type Market 2023-2030 ($M)
11.1 Power Sourcing Equipment Market 2023-2030 ($M) - Regional Industry Research
11.2 Powered Devices Market 2023-2030 ($M) - Regional Industry Research
11.2.1 VoIP Phones Market 2023-2030 ($M)
11.2.2 Wireless Access Points Market 2023-2030 ($M)
11.2.3 Ip Cameras Market 2023-2030 ($M)
12.South America Power Over Ethernet Solutions Market By Vertical Market 2023-2030 ($M)
12.1 Commercial Market 2023-2030 ($M) - Regional Industry Research
12.1.1 Office Buildings Market 2023-2030 ($M)
12.1.2 Healthcare Market 2023-2030 ($M)
12.1.3 Retail Market 2023-2030 ($M)
12.2 Residential Market 2023-2030 ($M) - Regional Industry Research
12.3 Industrial Market 2023-2030 ($M) - Regional Industry Research
12.3.1 Oil & Gas Market 2023-2030 ($M)
12.3.2 Transportation Market 2023-2030 ($M)
12.3.3 Telecommunication Market 2023-2030 ($M)
12.3.4 Power Market 2023-2030 ($M)
13.Europe Power Over Ethernet Solutions Market By Type Market 2023-2030 ($M)
14.Europe Power Over Ethernet Solutions Market By Device Type Market 2023-2030 ($M)
14.1 Power Sourcing Equipment Market 2023-2030 ($M) - Regional Industry Research
14.2 Powered Devices Market 2023-2030 ($M) - Regional Industry Research
14.2.1 VoIP Phones Market 2023-2030 ($M)
14.2.2 Wireless Access Points Market 2023-2030 ($M)
14.2.3 Ip Cameras Market 2023-2030 ($M)
15.Europe Power Over Ethernet Solutions Market By Vertical Market 2023-2030 ($M)
15.1 Commercial Market 2023-2030 ($M) - Regional Industry Research
15.1.1 Office Buildings Market 2023-2030 ($M)
15.1.2 Healthcare Market 2023-2030 ($M)
15.1.3 Retail Market 2023-2030 ($M)
15.2 Residential Market 2023-2030 ($M) - Regional Industry Research
15.3 Industrial Market 2023-2030 ($M) - Regional Industry Research
15.3.1 Oil & Gas Market 2023-2030 ($M)
15.3.2 Transportation Market 2023-2030 ($M)
15.3.3 Telecommunication Market 2023-2030 ($M)
15.3.4 Power Market 2023-2030 ($M)
16.APAC Power Over Ethernet Solutions Market By Type Market 2023-2030 ($M)
17.APAC Power Over Ethernet Solutions Market By Device Type Market 2023-2030 ($M)
17.1 Power Sourcing Equipment Market 2023-2030 ($M) - Regional Industry Research
17.2 Powered Devices Market 2023-2030 ($M) - Regional Industry Research
17.2.1 VoIP Phones Market 2023-2030 ($M)
17.2.2 Wireless Access Points Market 2023-2030 ($M)
17.2.3 Ip Cameras Market 2023-2030 ($M)
18.APAC Power Over Ethernet Solutions Market By Vertical Market 2023-2030 ($M)
18.1 Commercial Market 2023-2030 ($M) - Regional Industry Research
18.1.1 Office Buildings Market 2023-2030 ($M)
18.1.2 Healthcare Market 2023-2030 ($M)
18.1.3 Retail Market 2023-2030 ($M)
18.2 Residential Market 2023-2030 ($M) - Regional Industry Research
18.3 Industrial Market 2023-2030 ($M) - Regional Industry Research
18.3.1 Oil & Gas Market 2023-2030 ($M)
18.3.2 Transportation Market 2023-2030 ($M)
18.3.3 Telecommunication Market 2023-2030 ($M)
18.3.4 Power Market 2023-2030 ($M)
19.MENA Power Over Ethernet Solutions Market By Type Market 2023-2030 ($M)
20.MENA Power Over Ethernet Solutions Market By Device Type Market 2023-2030 ($M)
20.1 Power Sourcing Equipment Market 2023-2030 ($M) - Regional Industry Research
20.2 Powered Devices Market 2023-2030 ($M) - Regional Industry Research
20.2.1 VoIP Phones Market 2023-2030 ($M)
20.2.2 Wireless Access Points Market 2023-2030 ($M)
20.2.3 Ip Cameras Market 2023-2030 ($M)
21.MENA Power Over Ethernet Solutions Market By Vertical Market 2023-2030 ($M)
21.1 Commercial Market 2023-2030 ($M) - Regional Industry Research
21.1.1 Office Buildings Market 2023-2030 ($M)
21.1.2 Healthcare Market 2023-2030 ($M)
21.1.3 Retail Market 2023-2030 ($M)
21.2 Residential Market 2023-2030 ($M) - Regional Industry Research
21.3 Industrial Market 2023-2030 ($M) - Regional Industry Research
21.3.1 Oil & Gas Market 2023-2030 ($M)
21.3.2 Transportation Market 2023-2030 ($M)
21.3.3 Telecommunication Market 2023-2030 ($M)
21.3.4 Power Market 2023-2030 ($M)
LIST OF FIGURES
1.US Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)2.Canada Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
3.Mexico Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
4.Brazil Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
5.Argentina Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
6.Peru Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
7.Colombia Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
8.Chile Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
9.Rest of South America Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
10.UK Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
11.Germany Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
12.France Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
13.Italy Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
14.Spain Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
15.Rest of Europe Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
16.China Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
17.India Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
18.Japan Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
19.South Korea Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
20.South Africa Power Over Ethernet Solutions Market Revenue, 2023-2030 ($M)
21.North America Power Over Ethernet Solutions By Application
22.South America Power Over Ethernet Solutions By Application
23.Europe Power Over Ethernet Solutions By Application
24.APAC Power Over Ethernet Solutions By Application
25.MENA Power Over Ethernet Solutions By Application
26.Texas Instruments Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Linear Technology Corp., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Microsemi Corp., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Stmicroelectronics N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Broadcom Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.On Semiconductor Corp., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Silicon Laboratories Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)