Power over Ethernet Market Research Report by Forecast to 2022
Posted by Kiran on December 4th, 2019
Power over Ethernet Market Analysis:
Power over Ethernet (PoE) is a technology that carries electrical current by data cables rather than by power cords and provides power to different devices from the same Ethernet cable. It reduces the number of wires required to install the network and supports a wide range of devices. PoE offers numerous benefits from network efficiency as well as cost standpoint. PoE does not require AC/DC power supplies and outlets. It facilitates simplified, faster and lower cost of installation. PoE enables centralized power management, eases and accelerates changes and temporary deployments, and also offers low maintenance cost and less downtime. PoE finds its application is various commercial, residential and industrial sectors. The rising energy cost and adoption of PoE in the commercial sector are bolstering the growth of the market. Focus on smart power budgeting is the prime stimulant in the growth of the market.
Technology feasibility of delivering high power and the robustly growing market for VoIP services and growth in the end-user market are likely to augment the demand for Power over Ethernet Market. PoE is the best option for industrial based Ethernet switch systems as it facilitates installation of field-based devices without a separate power cabling supply. It is also helpful in reduction of numerous separate remote power supply units. PoE is being intensively deployed in smart homes due to the increased demand for automation and control for centrally managing electrical system and appliances, hence contributing to the market growth. Governments of various countries are investing in Ethernet infrastructure and development of smart grids which is aiding the growth of the market. Powered Device Controllers are being increasingly used in IP cameras, wireless access point and PoE enabled devices.
The growing expansion of the IoT is stimulating demand for PoE connectivity in IP cameras, smart lighting luminaries, Feature-rich video IP phones. Furthermore, the rising demand for network security cameras are expected to drive the demand for PoE. The global Power over Ethernet market is foreseen to expand at a CAGR of 13% and attain USD 1 Bn over the forecast period 2016-2022; reveals a recent study by Market Research Future (MRFR). Even though the market is expected to expand at a substantial pace, the growth might be hindered by lack of knowledge and customer inertia regarding PoE, and the capital-intensive nature of the market which restricts the entry of new participants.
Access Report Details @ https://www.marketresearchfuture.com/reports/power-over-ethernet-market-2091
Power over Ethernet Market Major Key Players:
Leading players profiled in the power over ethernet chipsets market include Linear Technology Corporation (US), Akros Silicon Inc. (US), Microsemi Corporation (US), Flexcomm Technology Ltd. (Hong Kong), STMicroelectronics (Switzerland), Silicon Laboratories (US), ON Semiconductor (US), Texas Instruments Inc. (US), Maxim Integrated (US), Cisco Systems, Inc. (US), and others. Along with the key players there are other players as well that are contributing to the growth of the market. These include Delta Controls (Canada), VISIX (US), Shenzhen Quanma Industry Co. Ltd. (China), and others.
April 2019- STMicroelectronics has lately announced power-over-ethernet (PoE) chipset both for smart-building applications and 5G. PM8804 and PM8805 use the most recent IEEE 802.3bt PoE specification thereby creating a space-efficient and reliable solution for powered devices (PDs). It will also be used in many other remote equipment which requires being efficiently and cheaply powered over ethernet cables. The list of equipment includes tabletop consoles, IP phones, video-call systems, shutter controllers or curtain, lighting, display panels, access control systems and IP cameras.
Power over Ethernet Market Segmentation:
MRFR report provides an extensive segmental analysis of the power over ethernet chipsets market on the basis of standard, application, end-user and device.
Power over Ethernet Market Regional Analysis:
By region, the power over ethernet chipsets market covers growth opportunities and latest trends across Rest of the World (including Latin America and Middle East and Africa), Asia Pacific, Europe and North America. Of these, North America will have precedence over others in the market over the predicted years. This is due to technologically advanced infrastructure in this region. Europe will have the second major share followed by the APAC regions.
The power over ethernet chipsets market in the APAC region is anticipated to witness highest growth rate over the predicted years. High internet penetration and increasing need for wireless technologies is propelling the market growth in North America. Besides, government regulations to increase internet penetration especially in developing countries namely India coupled with advancement in networking technologies are vital factors that are fueling the growth of the power over ethernet chipsets market in the APAC region.
Like it? Share it!
About the AuthorKiran
Joined: October 18th, 2019
Articles Posted: 184
More by this author