The North America Power Over Ethernet (Poe) Lighting Market would witness market growth of 29.4% CAGR during the forecast period (2023-2030).
PoE lighting has several advantages in comparison to traditional lighting systems. It simplifies installation by removing the need for distinct electrical wiring, reducing complexity and expenses. In addition, Poe lighting permits centralized control and monitoring, which enables sophisticated lighting management and automation features. Additionally, it offers scalability and flexibility for reconfiguration as lighting needs change, making it suited for dynamic environments. PoE lighting systems can also integrate with other smart building technologies, such as occupancy sensors and building management systems, to enable thorough control and energy efficiency.
The market is anticipated to expand significantly over the forecast period due to rising government investments, initiatives, and demand for connectivity. Furthermore, it is projected that the rising demand for smart workplaces in developing nations would offer attractive prospects for expanding the market. The primary reasons propelling the market's growth are the rising adoption of PoE lighting solutions in commercial and healthcare applications, the penetration and declining cost of LEDs, and the rising demand for reasonably priced lighting solutions. Opportunities for the industry include expanding automated system usage, better PoE standards for increased power, speed, and efficiency.
The region has witnessed increased population awareness and residential and commercial space costs. Foreign travel is essential to the US economy. Before the pandemic in 2019, foreign tourists contributed around $640 million per day to the American economy by spending $233,5 billion. The travel & tourism industry has created $1.9 trillion in economic output and contributed 2.9% to the nation's gross domestic product. Furthermore, the region's government supports the sector and provides cultural experiences, promotes participation in sports activities in Ontario, Canada, to raise the standard of living, and promotes the region's economic growth. Therefore, the increasing tourism and smart homes construction is leading to a boom in demand for PoE lighting, which will aid in the expansion of the regional market in the future years.
The US market dominated the North America Power Over Ethernet (Poe) Lighting Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,382.1 million by 2030. The Canada market is showcasing a CAGR of 32.3% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 31.1% during (2023 - 2030).
Based on Offering, the market is segmented into Hardware, Software, and Services. Based on Wattage, the market is segmented into Above 25 Watt, and Up to 25 Watt. Based on Application, the market is segmented into Industrial, Commercial, and Residential. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Power Over Ethernet (Poe) Lighting Market is Projected to reach USD 5.1 Billion by 2030, at a CAGR of 30.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ALLNET GmbH, Axis Lighting, Inc., Cisco Systems, Inc., Herbert Waldmann GmbH & Co. KG, Hubbell Incorporated, Koch Industries, Signify N.V., Wipro Lighting (Wipro Enterprises Private Limited), H. E. Williams, Ideal Industries, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Hardware
- Software
- Services
By Wattage
- Above 25 Watt
- Upto 25 Watt
By Application
- Industrial
- Commercial
- Residential
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- ALLNET GmbH
- Axis Lighting, Inc.
- Cisco Systems, Inc.
- Herbert Waldmann GmbH & Co. KG
- Hubbell Incorporated
- Koch Industries
- Signify N.V.
- Wipro Lighting (Wipro Enterprises Private Limited)
- H.E. Williams
- Ideal Industries, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Power Over Ethernet (Poe) Lighting Market, by Offering
1.4.2 North America Power Over Ethernet (Poe) Lighting Market, by Wattage
1.4.3 North America Power Over Ethernet (Poe) Lighting Market, by Application
1.4.4 North America Power Over Ethernet (Poe) Lighting Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Power Over Ethernet (Poe) Lighting Market by Offering
4.1 North America Hardware Market by Country
4.2 North America Software Market by Country
4.3 North America Services Market by Country
Chapter 5. North America Power Over Ethernet (Poe) Lighting Market by Wattage
5.1 North America Above 25 Watt Market by Country
5.2 North America Upto 25 Watt Market by Country
Chapter 6. North America Power Over Ethernet (Poe) Lighting Market by Application
6.1 North America Industrial Market by Country
6.2 North America Commercial Market by Country
6.3 North America Residential Market by Country
Chapter 7. North America Power Over Ethernet (Poe) Lighting Market by Country
7.1 US Power Over Ethernet (Poe) Lighting Market
7.1.1 US Power Over Ethernet (Poe) Lighting Market by Offering
7.1.2 US Power Over Ethernet (Poe) Lighting Market by Wattage
7.1.3 US Power Over Ethernet (Poe) Lighting Market by Application
7.2 Canada Power Over Ethernet (Poe) Lighting Market
7.2.1 Canada Power Over Ethernet (Poe) Lighting Market by Offering
7.2.2 Canada Power Over Ethernet (Poe) Lighting Market by Wattage
7.2.3 Canada Power Over Ethernet (Poe) Lighting Market by Application
7.3 Mexico Power Over Ethernet (Poe) Lighting Market
7.3.1 Mexico Power Over Ethernet (Poe) Lighting Market by Offering
7.3.2 Mexico Power Over Ethernet (Poe) Lighting Market by Wattage
7.3.3 Mexico Power Over Ethernet (Poe) Lighting Market by Application
7.4 Rest of North America Power Over Ethernet (Poe) Lighting Market
7.4.1 Rest of North America Power Over Ethernet (Poe) Lighting Market by Offering
7.4.2 Rest of North America Power Over Ethernet (Poe) Lighting Market by Wattage
7.4.3 Rest of North America Power Over Ethernet (Poe) Lighting Market by Application
Chapter 8. Company Profiles
8.1 ALLNET GmbH
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 Axis Lighting Inc.
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Cisco Systems, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Herbert Waldmann GmbH & Co. KG
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Hubbell Incorporated
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Koch Industries, Inc. (Molex LLC)
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Signify N.V.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Wipro Lighting (Wipro Enterprises Private Limited)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 H.E. Williams
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Ideal Industries, Inc.
8.10.1 Company Overview
8.10.2 SWOT Analysis
TABLE 1 North America Power Over Ethernet (Poe) Lighting Market, 2019 - 2022, USD Million
TABLE 2 North America Power Over Ethernet (Poe) Lighting Market, 2023 - 2030, USD Million
TABLE 3 North America Power Over Ethernet (Poe) Lighting Market by Offering, 2019 - 2022, USD Million
TABLE 4 North America Power Over Ethernet (Poe) Lighting Market by Offering, 2023 - 2030, USD Million
TABLE 5 North America Hardware Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Hardware Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Software Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Services Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Power Over Ethernet (Poe) Lighting Market by Wattage, 2019 - 2022, USD Million
TABLE 12 North America Power Over Ethernet (Poe) Lighting Market by Wattage, 2023 - 2030, USD Million
TABLE 13 North America Above 25 Watt Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Above 25 Watt Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Upto 25 Watt Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Upto 25 Watt Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Power Over Ethernet (Poe) Lighting Market by Application, 2019 - 2022, USD Million
TABLE 18 North America Power Over Ethernet (Poe) Lighting Market by Application, 2023 - 2030, USD Million
TABLE 19 North America Industrial Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Industrial Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Commercial Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Commercial Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Residential Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Residential Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Power Over Ethernet (Poe) Lighting Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Power Over Ethernet (Poe) Lighting Market by Country, 2023 - 2030, USD Million
TABLE 27 US Power Over Ethernet (Poe) Lighting Market, 2019 - 2022, USD Million
TABLE 28 US Power Over Ethernet (Poe) Lighting Market, 2023 - 2030, USD Million
TABLE 29 US Power Over Ethernet (Poe) Lighting Market by Offering, 2019 - 2022, USD Million
TABLE 30 US Power Over Ethernet (Poe) Lighting Market by Offering, 2023 - 2030, USD Million
TABLE 31 US Power Over Ethernet (Poe) Lighting Market by Wattage, 2019 - 2022, USD Million
TABLE 32 US Power Over Ethernet (Poe) Lighting Market by Wattage, 2023 - 2030, USD Million
TABLE 33 US Power Over Ethernet (Poe) Lighting Market by Application, 2019 - 2022, USD Million
TABLE 34 US Power Over Ethernet (Poe) Lighting Market by Application, 2023 - 2030, USD Million
TABLE 35 Canada Power Over Ethernet (Poe) Lighting Market, 2019 - 2022, USD Million
TABLE 36 Canada Power Over Ethernet (Poe) Lighting Market, 2023 - 2030, USD Million
TABLE 37 Canada Power Over Ethernet (Poe) Lighting Market by Offering, 2019 - 2022, USD Million
TABLE 38 Canada Power Over Ethernet (Poe) Lighting Market by Offering, 2023 - 2030, USD Million
TABLE 39 Canada Power Over Ethernet (Poe) Lighting Market by Wattage, 2019 - 2022, USD Million
TABLE 40 Canada Power Over Ethernet (Poe) Lighting Market by Wattage, 2023 - 2030, USD Million
TABLE 41 Canada Power Over Ethernet (Poe) Lighting Market by Application, 2019 - 2022, USD Million
TABLE 42 Canada Power Over Ethernet (Poe) Lighting Market by Application, 2023 - 2030, USD Million
TABLE 43 Mexico Power Over Ethernet (Poe) Lighting Market, 2019 - 2022, USD Million
TABLE 44 Mexico Power Over Ethernet (Poe) Lighting Market, 2023 - 2030, USD Million
TABLE 45 Mexico Power Over Ethernet (Poe) Lighting Market by Offering, 2019 - 2022, USD Million
TABLE 46 Mexico Power Over Ethernet (Poe) Lighting Market by Offering, 2023 - 2030, USD Million
TABLE 47 Mexico Power Over Ethernet (Poe) Lighting Market by Wattage, 2019 - 2022, USD Million
TABLE 48 Mexico Power Over Ethernet (Poe) Lighting Market by Wattage, 2023 - 2030, USD Million
TABLE 49 Mexico Power Over Ethernet (Poe) Lighting Market by Application, 2019 - 2022, USD Million
TABLE 50 Mexico Power Over Ethernet (Poe) Lighting Market by Application, 2023 - 2030, USD Million
TABLE 51 Rest of North America Power Over Ethernet (Poe) Lighting Market, 2019 - 2022, USD Million
TABLE 52 Rest of North America Power Over Ethernet (Poe) Lighting Market, 2023 - 2030, USD Million
TABLE 53 Rest of North America Power Over Ethernet (Poe) Lighting Market by Offering, 2019 - 2022, USD Million
TABLE 54 Rest of North America Power Over Ethernet (Poe) Lighting Market by Offering, 2023 - 2030, USD Million
TABLE 55 Rest of North America Power Over Ethernet (Poe) Lighting Market by Wattage, 2019 - 2022, USD Million
TABLE 56 Rest of North America Power Over Ethernet (Poe) Lighting Market by Wattage, 2023 - 2030, USD Million
TABLE 57 Rest of North America Power Over Ethernet (Poe) Lighting Market by Application, 2019 - 2022, USD Million
TABLE 58 Rest of North America Power Over Ethernet (Poe) Lighting Market by Application, 2023 - 2030, USD Million
TABLE 59 Key Information – ALLNET GmbH
TABLE 60 Key Information – Axis Lighting Inc.
TABLE 61 Key Information – Cisco Systems, Inc.
TABLE 62 Key Information – Herbert Waldmann GmbH & Co. KG
TABLE 63 Key Information – Hubbell Incorporated
TABLE 64 key Information – Koch Industries, Inc.
TABLE 65 Key Information – Signify N.V.
TABLE 66 Key Information – Wipro Lighting
TABLE 67 Key Information – H.E. Williams
TABLE 68 Key Information – Ideal Industries, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Power Over Ethernet (Poe) Lighting Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors power over ethernet (PoE) lighting market
FIG 4 Porter’s Five Forces Analysis – Power Over Ethernet (Poe) Lighting Market
FIG 5 North America Power Over Ethernet (Poe) Lighting Market share by Offering, 2022
FIG 6 North America Power Over Ethernet (Poe) Lighting Market share by Offering, 2030
FIG 7 North America Power Over Ethernet (Poe) Lighting Market by Offering, 2019 - 2030, USD Million
FIG 8 North America Power Over Ethernet (Poe) Lighting Market share by Wattage, 2022
FIG 9 North America Power Over Ethernet (Poe) Lighting Market share by Wattage, 2030
FIG 10 North America Power Over Ethernet (Poe) Lighting Market by Wattage, 2019 - 2030, USD Million
FIG 11 North America Power Over Ethernet (Poe) Lighting Market share by Application, 2022
FIG 12 North America Power Over Ethernet (Poe) Lighting Market share by Application, 2030
FIG 13 North America Power Over Ethernet (Poe) Lighting Market by Application, 2019 - 2030, USD Million
FIG 14 North America Power Over Ethernet (Poe) Lighting Market share by Country, 2022
FIG 15 North America Power Over Ethernet (Poe) Lighting Market share by Country, 2030
FIG 16 North America Power Over Ethernet (Poe) Lighting Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: ALLNET GmbH
FIG 18 SWOT Analysis: Axis Lighting Inc.
FIG 19 SWOT Analysis: Cisco Systems, Inc.
FIG 20 SWOT Analysis: Herbert Waldmann GmbH & Co. KG
FIG 21 SWOT Analysis: Hubbell Incorporated
FIG 22 SWOT Analysis: Koch Industries, Inc.
FIG 23 SWOT Analysis: Signify N.V.
FIG 24 SWOT Analysis: Wipro Lighting
FIG 25 SWOT Analysis: H.E. Williams
FIG 26 SWOT Analysis: Ideal Industries, Inc.