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MarketersMEDIA / Newsroom / Global Power over Ethernet Lighting Market is expected to reach $2,598.31 million by 2027 growing at a CAGR of 33.6% during 2018 to 2027.

Global Power over Ethernet Lighting Market is expected to reach $2,598.31 million by 2027 growing at a CAGR of 33.6% during 2018 to 2027.

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Some of the key players in Global Power over Ethernet Lighting market include Ubiquiti Networks, Inc., The IBS Group LLC, Signify Holding (Philips Lighting N.V.), Nuleds, Molex (Koch Industries), Microsens (Euromicron AG), Microsemi Corporation (Microchip Technology Inc.), and Allnet GmbH.

— Rising need for cost-effective lighting solutions and increasing penetration and decreasing cost of LEDs are the factors driving the growth of the market. However, High cost of PoE switches and requirement of additional equipment is restraining the market.

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Power over Ethernet or PoE describes any of several standard or ad-hoc systems which pass electric power along with data on twisted pair Ethernet cabling. This allows a single cable to provide both data connection and electric power to devices such as wireless access points, IP cameras, and VoIP phones.

Among end users, industrial segment has a growing prominence in the near future. The industrial segment includes lighting in production halls, warehouses, representative rooms, and other indoor areas. The utilization of PoE can improve the execution of a smart lighting system in an office or industrial application. Industries and factories are now concentrating on energy-efficient lighting solutions attributable to the government regulations for energy saving. Along these lines, PoE lighting is among the favored solutions being adopted by them.

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Based on geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to increasing infrastructure development projects being undertaken in the region, primarily in China, where smart lighting makes ready for the modernization of infrastructure. The industries present in this region are concentrating on the modernization of their spaces. This is further likely to make open doors for PoE lighting vendors.

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Wattage Covered:
• Greater Than 25 Watts
• Up to 25 Watts

Offering Covered:
• Software and Services
• Hardware

Applications Covered:
• Shopping Malls and Hotels
• Public Space
• Office and Industry

End Users Covered:
• Residential
• Industrial
• Commercial

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929

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Source: MarketersMedia

Release ID: 88937042

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