Market Definition
Power over Ethernet (PoE) lighting is a type of lighting system that uses Ethernet cables to deliver power to the lights. The lights are then controlled using a PoE switch or controller. This type of lighting system is becoming increasingly popular because it eliminates the need for AC power outlets and makes it easy to control the lights from a central location.
Market Outlook
- PoE lighting is a cost-effective and energy-efficient lighting solution as it uses the existing data network cabling infrastructure for power supply. PoE lighting is also easy to install and does not require any new wiring. Moreover, PoE lighting offers several benefits such as remote monitoring and control, reduced installation and maintenance costs, and flexibility in lighting design.
- The major players operating in the PoE lighting market are Philips Lighting, Cree, OSRAM, Acuity Brands, and Eaton. These players are focused on providing energy-efficient and cost-effective PoE lighting solutions to their customers.
- The key trends in Power over Ethernet lighting technology are:
- Increased Efficiency: Power over Ethernet lighting technology is becoming increasingly efficient, with new products offering up to 95 percent efficiency. This means that less power is wasted as heat, making these products more environmentally friendly.
- More Affordable: Power over Ethernet lighting products are becoming more affordable, as the technology becomes more mainstream. This means that more businesses and homeowners can take advantage of the benefits of this type of lighting.
- Greater Versatility: Power over Ethernet lighting products are becoming more versatile, with new products offering a variety of features and benefits. This means that there is a product to suit every need, and that users can tailor their lighting setup to their specific needs.
- There are several key drivers of Power Over Ethernet lighting market.
- First, Power Over Ethernet lighting offers many benefits over traditional lighting systems, including reduced installation and operational costs, improved energy efficiency, and enhanced lighting control capabilities. In addition, Power Over Ethernet lighting is becoming increasingly popular in a variety of applications, including office buildings, retail establishments, and industrial facilities.
- Another key driver of Power Over Ethernet lighting market is the growing adoption of Internet of Things (IoT) and connected lighting technologies. Power Over Ethernet lighting is well-suited for IoT applications due to its ability to provide power and data over a single cable. This reduces the need for separate power and data cables, which can simplify installation and reduce costs.
- Finally, the increasing awareness of the environmental benefits of Power Over Ethernet lighting is also driving market growth. Power Over Ethernet lighting can help reduce energy consumption and greenhouse gas emissions, making it an attractive option for organizations looking to reduce their environmental impact
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segments
The power over ethernet lighting market is segmented by offering, wattage, application, and region. By offering, the market is divided into hardware and software & services. By wattage, the market is classified into up to 25 watt, and above 25 watt. By application, the market is bifurcated into commercial and industrial. By region, the market is classified into North America, Europe, Asia-Pacific, and the rest of the world.
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Key Companies
The global power over ethernet lighting market report includes players such as Philips Lighting, GE Lighting, Cree, Acuity Brands Lighting, Inc., Eaton, Osram, Hubbell Lighting, Leviton Manufacturing Company, Zumtobel Group AG, and Digital Lumens, Inc.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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