The Rising Star: Power Over Ethernet Lighting Market Trends and Predictions

The Power Over Ethernet (PoE) Lighting Market is anticipated to grow from USD 243 million in 2021 to USD 922 million by 2026, at a robust CAGR of 30.6% during the forecast period. This rapid growth is driven by the increasing adoption of PoE technology for its energy efficiency and cost-saving benefits in commercial and industrial settings. PoE lighting simplifies the installation process by using a single cable for both power and data, enhancing operational flexibility and reducing infrastructure costs. Additionally, the rising demand for smart building solutions and the integration of IoT in lighting systems are propelling market expansion, as PoE lighting offers advanced features such as remote control, real-time data analytics, and improved energy management.

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North America currently holds the largest market share for Power Over Ethernet (PoE) lighting, driven by widespread adoption in commercial and industrial applications. However, the Asia-Pacific (APAC) region is expected to witness the highest growth during the forecast period. Rapid technological advancements and evolving customer needs in high-potential markets such as China, Japan, South Korea, and Australia are key factors contributing to this growth. The positive market outlook is further supported by new construction projects in developing cities and the booming commercial and industrial sectors, which are increasing the adoption of PoE lighting in the region. Additionally, significant investments from government bodies and growth in end-use sectors are bolstering the PoE lighting market in APAC. Among APAC countries, China is projected to experience the highest demand for PoE lighting.

The above 25-watt segment, in the market by wattage, of the PoE Lighting Market, is projected to account for a larger share during the forecast period.

The market for PoE lighting systems above 25 watts accounted for a larger share in 2020 and is expected to record a higher CAGR during the forecast period. This growth is driven by improved PoE standards and the increasing demand for high input-powered devices for lighting. OEMs are developing integrated solutions in luminaires that require more input power, leading to a rising need for Power Source Equipment (PSE) with high output to power the Power Devices (PDs). High-wattage PoE lighting systems offer several advantages, including greater brightness and illumination and support for more direct and indirect loads. The digital revolution is also driving the emergence of new PoE systems and IoT applications for lighting, plug loads, office workstations, device charging, and other uses. This trend is expected to further propel the market for high-wattage PoE lighting systems.

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In Applications, the commercial segment projected to hold the largest share of the PoE Lighting Market during the forecast period

The commercial segment accounted for the largest share of the PoE Lighting Market in 2020, driven by growing affordability and higher efficiencies. This segment encompasses offices, retail shops, malls, healthcare facilities, educational institutions, stadiums (arenas), and hospitality facilities. Building owners, governments, utilities, and other stakeholders are increasingly focused on reducing energy consumption. While replacing existing lights with more energy-efficient sources like LEDs helps, a broader solution lies in adopting PoE lighting. The presence of major PoE lighting solution providers and the rising demand for these solutions in commercial offices are further fueling market growth. This trend highlights the shift towards smarter, more energy-efficient lighting systems in commercial environments.

The PoE Lighting Market in APAC projected to have the highest CARG during the forecast period (2021-2026)

The PoE Lighting Market in the APAC region, encompassing China, Japan, Australia, South Korea, and other countries including India, Indonesia, Singapore, Taiwan, Malaysia, Thailand, Vietnam, Bangladesh, and the Philippines, is poised for remarkable growth. This region is projected to achieve the highest CAGR during the forecast period, emerging as the fastest-growing market for PoE lighting. The substantial growth potential in APAC is driven by the rapid adoption of connected lighting systems across various applications, particularly in smart offices and workspaces. The increasing demand for efficient, sustainable, and technologically advanced lighting solutions is expected to propel the market forward, making APAC a focal point for PoE lighting advancements.

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Lighting manufacturers in China are providing intense competition to companies in North America and Europe. Chinese cities offer an ideal combination of cost-effective land, robust infrastructure, and an abundant workforce, attracting significant investments in industrial development. Consequently, China is anticipated to dominate the PoE Lighting Industry in the APAC region due to these advantages, along with the availability of affordable land for manufacturing plants and new commercial space constructions. The presence of numerous lighting manufacturers, coupled with ongoing growth in commercial and industrial buildings and smart offices, further strengthens China's position. The country excels in producing lighting equipment and rapidly adopts new technologies, outpacing other nations in the region. Rapid economic expansion in China, India, Japan, and South Korea is expected to drive the APAC PoE Lighting Market's growth in the coming years.

Power Over Ethernet Lighting Companies:

  • Signify Holding (Philips Lighting) (Netherlands),
  • Hubbell Inc. (US),
  • Cisco Systems (US),
  • H.E. Williams (US),
  • Molex (Koch Industries) (US),
  • Ubiquiti Networks Inc. (US),
  • Siemon (US),
  • Silvertel (UK),
  • NETGEAR (US),
  • Ideal Industries (Cree) (US),
  • Herbert Waldmann GmbH & Co. Kg (Waldmann Lighting) (Germany),
  • Prolojik (UK),
  • Innovative Lighting (GENISYS) (US),
  • Deco Lighting (US),
  • Wipro Lighting (India),
  • Axis Lighting (Canada), Igor Inc. (US),
  • ALLNet GmbH (Germany) and
  • NuLEDs (US).

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