PoE Lighting Latest Market Trends

PoE Lighting Latest Market Trends Power over Ethernet (PoE) lighting is one of the latest trends in the lighting market. And for good reason too! PoE lighting offers many benefits over traditional lighting systems, including energy savings, easier installation, and remote management. If you’re considering making the switch to PoE lighting, this blog post is for you. We’ll explore the latest PoE lighting market trends and what you need to know to make an informed decision for your business.

Market Segmentation The global PoE lighting market is fragmented and consists of several small and large players.

The key players in the market are Cabsy, Philips Lighting, Digital Lumens, Cree, Eaton, Acuity Brands, OSRAM SYLVANIA, Zumtobel Group, Legrand SA, Hubbell Inc., and GE Lighting.

These companies hold a significant share in the market due to their strong product portfolio and wide geographical presence.

The PoE lighting market is segmented on the basis of products, applications, end-users, and geography. On the basis of products, the market is classified into fixtures, switches & gateways, controllers & software. The fixtures segment includes recessed downlights & troffers, floodlights, street lights, panel lights.

The switches & gateways segment includes Ethernet switches, Midspans/Injectors. The controllers & software segment includes central management systems (CMS). On the basis of applications, the PoE lighting market is classified into indoor lighting and outdoor lighting.

Indoor lighting includes office & commercial buildings, hospitality, healthcare, retail stores, institutional buildings.

Outdoor lighting includes parking lots & garages, public places, streets & roads. On the basis of end-users, the PoE lighting market is classified into new construction and retrofit.

Geographically speaking, the PoE lighting market is divided into five major regions: North America (the U.S., Canada), Europe (Germany, France, Italy), Asia

Market Drivers As the cost of LEDs continues to fall and their efficiency continues to rise, more and more businesses and organizations are turning to LED lighting as a way to reduce their energy costs. LEDs also have a much longer lifespan than traditional incandescent bulbs, which

means that they need to be replaced less often. This, combined with the fact that they generate very little heat, makes them an attractive option for many applications.

The increasing popularity of LED lighting is also driving down the cost of PoE (Power over Ethernet) technology. PoE allows for data and power to be transmitted over a single Ethernet cable, which greatly reduces installation costs. As more businesses adopt LED lighting, the demand for PoE technology will continue to grow.

The combination of falling prices for LEDs and PoE technology is making LED lighting an increasingly attractive option for a wide range of applications. Businesses that are looking to reduce their energy costs and improve their sustainability should consider switching to LED lighting.

Market Challenges The lighting industry is in the midst of a major transition as it moves from traditional incandescent and fluorescent light sources to more energy-efficient alternatives such as LEDs. While the switch to LEDs is expected to result in significant energy savings, the upfront cost of LED fixtures can be a barrier to adoption, particularly for cash-strapped municipalities and businesses.

In addition, the burgeoning market for smart lighting systems – which enable lighting control and data collection via sensors and wireless networks – presents both opportunities and challenges. Smart lighting systems can help reduce energy consumption by automatically dimming or turning off lights when they are not needed. However, the high cost of these systems, as well as concerns about data privacy and cybersecurity, could limit their uptake in the market.

Porter's Five Forces Analysis Porter's Five Forces Analysis is a tool for assessing the competitive intensity and attractiveness of a market. It does this by identifying five key forces that shape competition: 1. The threat of new entrants: how easy is it for new companies to enter the market and compete against existing players?

2. The threat of substitutes: what other products or services could customers switch to if they decided they didn't want to buy PoE lighting anymore?

3. The bargaining power of buyers: how much influence do customers have over prices and terms of purchase?

4. The bargaining power of suppliers: how much influence do suppliers have over prices and terms of supply?

5. The intensity of rivalry among existing competitors: how aggressively are existing companies competing against each other for market share?

Competitive Landscape The competitive landscape of the Power over Ethernet (PoE) lighting market is highly fragmented with the presence of a large number of small and medium sized players. The key players in the market are Philips Lighting, Cisco Systems, Inc., Acuity Brands Lighting, Inc., Eaton Corporation plc, Leviton Manufacturing Company, Inc., Panduit Corporation, and General Electric Company. These players hold a significant share in the global PoE lighting market.

PoE lighting market is expected to witness high growth in the coming years due to the increasing adoption of Internet of Things (IoT) and connected devices. The demand for energy-efficient lighting systems is also expected to drive the growth of the PoE lighting market.

Company Profiles There are many different types of PoE lighting available on the market today. Here is a breakdown of some of the most popular options: ● -LED PoE lights: These are becoming increasingly popular due to their energy efficiency and long lifespan. ● -Fluorescent PoE lights: These offer good light output and are often used in industrial settings. ● -Metal halide PoE lights: These lights provide a very bright light and are often used in outdoor applications.

Key Developments The global PoE lighting market is expected to grow at a CAGR of over 21% during the period 2019-2024. The market is driven by the growing adoption of energy-efficient lighting solutions, rising awareness about the benefits of PoE lighting, and increasing investment in smart city projects.

Future Trends

The global market for PoE lighting is expected to grow at a CAGR of more than 9% during the forecast period. The major factor driving the growth of the market is the increasing demand for energy-efficient lighting systems. With the advancement in technology and increasing awareness about environmental sustainability, various organizations are looking for energyefficient lighting solutions. Moreover, the government across various countries are also providing subsidies and incentives on installation of such systems, which is further expected to fuel the growth of PoE lighting market.

One of the major trends in the market is the adoption of wireless technologies for lighting control. With the advent of new technologies, various manufacturers are offering products that can be controlled wirelessly using smart devices such as smartphones and tablets. This trend is expected to gain traction in commercial as well as residential applications over the forecast period.

Another key trend in the market is the growing popularity of LED lights. LEDs offer several benefits over traditional light sources such as incandescent bulbs and CFLs, such as lower power consumption, longer life span, and better light quality. This has resulted in increased adoption of LED lights in both commercial and residential applications.

Some of the key players operating in this market include Philips Lighting Holding B.V., Cree Inc., Digital Lumens Inc., Eaton Corporation PLC, Acuity Brands Lighting Inc., OSRAM Licht AG, LG Electronics Inc., Leviton Manufacturing Co. Inc., Daintree Networks Pty Ltd., and Zum.

Conclusion Thanks for reading! We hope this article has given you a good overview of the latest trends in PoE lighting. As you can see, there is a lot of potential for this technology to help reduce energy costs and improve the quality of light in commercial and industrial settings. If you're interested in learning more about PoE lighting, be sure to check out our website or contact us for more information.