Power over Ethernet (POE) Market 2019- 2022: Industry Segments, Global Profit Analysis, Business Trends, Regional Study and Future Prospects
Global Power over Ethernet Market, (Power Sourcing Equipment ), Power to Port (Up to 15.4W, Up to 30W, and Up to 100W) and is expected to grow at CAGR of 13% and estimated to reach at market size of USD 1 billion
Pune, India – July 10, 2019 /MarketersMedia/ —
Power over Ethernet Market Highlights:
Power over Ethernet or PoE is a standard or ad-hoc system, enabling the flow of ‘electric power’ with data on a twisted pair ethernet cabling. Market Research Future, a home to market reports regarding communication & information technologies, among others; published a market report. According to it, the PoE market will grow at a CAGR of around 13% and attain USD 1 billion by the end of the forecast period.
Power over Ethernet (POE) Market is a technology which enables the transfer of the electric signals with data over paired ethernet cables and allows the transfer of electric power with data over the same power cable to the POE enabled devices
Due to the advantages of PoE; such as low maintenance costs, less downtime, easy installation, etc; the market has expanded significantly. The acceptance of alternative energy sources has also fuelled industry revenues. High energy expenses have been a key driver. Owing to the cost-effectiveness of PoE, the market has reached commercial, residential, and industrial sectors while continuing to expand.
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Competitive Landscape:
The global PoE market is highly competitive and appears to be highly fragmented with the presence of various local, regional and international players. The existing market participants are investing in intense R&D to develop new products.
The eminent players operating in the market include Axis Communications AB (Sweden), Texas Instruments, Inc. (U.S.), Linear Technology Corp. (U.S.), Microsemi Corp. (U.S.), Silicon Laboratories, Inc. (U.S.), Maxim Integrated Products, Inc. (U.S.), STMicroelectronics N.V. (Switzerland), Broadcom Ltd. (U.S.), ON Semiconductor (U.S.), and Monolithic Power Systems, Inc. (U.S.) among others.
Segmentation:
The global power over Ethernet market has been segmented based on types, power to port, application, and end-users. By types, the market has been segmented into power sourcing equipment controllers & ICs, and powered device controllers &ICs. The powered device controllers &ICs segment accounts for the most significant market share.
By power to port, the market has been segmented into Up to 15.4W, Up to 30W, Up to 60W, and Up to 100W. By application, the market has been segmented into security and access control, LED lighting and control, connectivity, infotainment, and others. By end-users, the market has been segmented into residential, industrial and commercial. By types, powered device controller & ICs dominates the market.
Regional Analysis:
Regionally, the global Power over Ethernet market has been segmented into North America, Europe, and Asia-Pacific. North America accounts for the largest share of the market owing to the presence of major players in the region. Additionally, highly developed IT sector and telecom industry gives North America a competitive edge over other regions.
Europe too is a lucrative market for Power over Ethernet; U.K. and Germany are the major contributors of the region. The Asia-Pacific market for Power over Ethernet is expanding due to growing IT industry in emerging countries of the region; China as a manufacturing hub is adopting PoE in various industries.
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Industry Updates:
• In March 2018, Silicon Labs released two new Power over Ethernet (PoE) Powered Device (PD) which delivers best-in-class integration and efficiency for various IoT applications.
• In June 2018, Yamaha launched VXL1-16P loudspeaker featuring eight PoE compliant LAN ports and two combo LAN/SFP ports.
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