Semiconductor and Electronic Survey

The   Power Over Ethernet Lighting Market   is anticipated to develop at a CAGR of 30.6 % from 2021 to 2026, from USD 243 million in 2021 to USD 922 million in 2026. For PoE lighting, North America holds the greatest market share. However, APAC is anticipated to develop at the fastest rate throughout the projection period due to the constantly evolving nature of technology and consumer demands in high-potential regions like China, Japan, South Korea, and Australia. The PoE lighting market is showing a positive outlook as a result of technological developments, the rise of new business models, as well as new buildings in the region's developing cities. The expansion of the commercial and industrial sectors in APAC will further encourage the use of PoE lighting. Additionally, the expansion of end-use industries and rising government spending are helping the PoE Lighting Market in the region. The region's largest demand for PoE lighting is anticipated to be in China. The PoE Light

The   Power Over Ethernet Lighting Market   is projected to reach USD 922 million by 2026 from USD 243 million in 2021; it is expected to grow at a CAGR of 30.6% from 2021 to 2026. North America has the largest market share for PoE lighting. Whereas, APAC is expected to witness the highest growth during the forecast period owing to the rapidly changing face of technology and customer needs in high-potential markets such as China, Japan, South Korea, and Australia. Due to advancements in technology and the emergence of new business models as well as new constructions in the developing cities of the region, the PoE lighting market is exhibiting an upbeat outlook. The booming commercial and industrial sectors would further fuel the adoption of PoE lightings in APAC. Furthermore, growth in end-use sectors and mounting investments from government bodies are also favoring the growth of the PoE Lighting Market in the region. China is projected to witness the highest demand for PoE lighting in