Power Over Ethernet (POE) Lighting Market Revenue Share Analysis, 2020–2026Posted by Supriya Kokate on August 31st, 2021 The global Power Over Ethernet (POE) Lighting Market is expected to reach USD 1.27 billion by 2026, according to a new report by Reports and Data. The growth of this market is mainly dependent on POE based products. Many devices like VoIP and wireless access points, especially in the commercial vertical are POE-compatible. The continuous increase in the demand of these devices has led to surging in the market of POE lighting market as well. As the market is still at inception, companies are wary of using it for lighting. Even though POE is successful in the telephone system, it is still not accepted widely in lighting. Few companies realize its benefits and partnerships have been formed between lighting and technology companies. Plans are to integrate these POE lightings in the buildings, especially in commercial sectors. However, the limitations on the power delivered by POE-based power sourcing to end devices are hindering the growth of the market. Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1238 North America holds the largest market share of 34%. This is mainly due to the easy availability of POE-power sourcing equipment and rise in demand for POE controllers and ICs. High purchasing power in the developed region is boosting the growth of this market in this region. Asia Pacific is expected to grow at a higher CAGR of 12.8% with an increase in applications of LED lightings and emergence of new constructions. Key participants include Microsemi Corp., Linear Technology Corp., Maxim Integrated Products Inc., Cisco Systems, Inc., STMicroelectronics N.V., Texas Instruments Inc., Axis Communications AB, Cree, Inc., Panasonic Corp., D-Link Corp., and Koninklijke Philips N.V. among others. For the purpose of this report, Reports and Data have segmented global Power Over Ethernet (POE) Lighting market on the basis of type, device type, application vertical and region: Type Outlook (Revenue, USD Million; 2018-2026)
Device Type Outlook (Revenue, USD Million; 2018-2026)
Application Outlook (Revenue, USD Million; 2018-2026)
Vertical Outlook (Revenue, USD Million; 2018-2026)
Regional Outlook (Revenue, USD Million; 2018-2026)
Further key findings from the report suggest
Key Features of the Power Over Ethernet (POE) Lighting Market Report:
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