Power over Ethernet Market Size, Market Segmentation, Market Trends and Growth Analysis Forecast Till 2031
The "Power over Ethernet Market" has experienced impressive growth in recent years, expanding its market presence and product offerings. Its focus on research and development contributes to its success in the market.
Power over Ethernet Market Overview and Report Coverage
Power over Ethernet (PoE) is a technology that allows the transmission of power and data over a single Ethernet cable. It eliminates the need for separate power cables, making it easier and more cost-effective to deploy devices such as IP cameras, VoIP phones, and wireless access points.
The current outlook for the Power over Ethernet Market is positive, with a projected growth rate of % during the forecasted period from 2024 to 2031. The increasing demand for PoE devices in various industries such as IT, telecommunications, and healthcare is driving market growth. Additionally, the rise of smart homes and smart buildings is also contributing to the expansion of the PoE market.
The future of the Power over Ethernet Market looks promising, with advancements in technology leading to higher efficiency and greater power capacity for PoE devices. The market is also expected to benefit from the growing adoption of Internet of Things (IoT) devices, which rely on PoE for power and data transmission. Overall, the PoE market is poised for steady growth in the coming years, driven by the increasing need for efficient power solutions in a variety of applications.
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Market Segmentation
The Power over Ethernet Market Analysis by Types is segmented into:
Up To 15.4w
Up To 30w
Up To 60w
Up To 100w
The Power over Ethernet (PoE) market is segmented based on the amount of power transmitted through the Ethernet cable. Up to PoE is the standard for low-power devices like IP cameras. Up to 30W PoE is used for devices like VoIP phones and wireless access points. Up to 60W PoE is suitable for advanced IP cameras and some small appliances. Up to 100W PoE, also known as PoE++, is used for high-power devices like laptops and pan-tilt-zoom cameras. These different types cater to varying power requirements of connected devices in different applications.
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The Power over Ethernet Market Industry Research by Application is segmented into:
Security & Access Control
Connectivity
Led Lighting & Control
Infotainment
Others
Power over Ethernet (PoE) technology is widely used in security and access control systems to provide power and data transmission over a single Ethernet cable. It is also used in connectivity applications to enable devices such as IP cameras and wireless access points to be easily installed and connected. PoE is increasingly being used in LED lighting and control systems for energy-efficient and smart lighting solutions. Moreover, PoE is utilized in infotainment systems and various other applications for simplified and efficient power delivery.
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In terms of Region, the Power over Ethernet Market available by Region are:
North America:
United States
Canada
Europe:
Germany
France
U.K.
Italy
Russia
Asia-Pacific:
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America:
Mexico
Brazil
Argentina Korea
Colombia
Middle East & Africa:
Turkey
Saudi
Arabia
UAE
Korea
The Power over Ethernet market in North America is driven by the increasing adoption of IoT devices, smart buildings, and efficient power delivery systems. The market in Europe is influenced by stringent regulations and policies promoting energy efficiency and sustainability. In the Asia-Pacific region, the market is expected to witness significant growth due to rapid urbanization, industrialization, and increasing demand for smart solutions. Latin America is experiencing growth in the PoE market due to the rising adoption of surveillance systems and increasing investments in infrastructure development. The Middle East and Africa region are also showing growth potential in the PoE market due to ongoing smart city initiatives.
Key players like Axis Communications, Maxim Integrated Products, Texas Instruments, and others in the PoE market are focusing on product innovation, partnerships, and acquisitions to expand their market presence and cater to the growing demand for PoE solutions. Factors contributing to the growth of these players include technological advancements, increasing demand for data centers, and growing awareness of energy efficiency.
Power over Ethernet Market Emerging Trends
The global Power over Ethernet market is experiencing several emerging trends, including the increasing adoption of IoT devices, the rising demand for high-speed data transmission, and the growing popularity of smart buildings and smart cities. Current trends in the market include the shift towards high-power PoE standards, the expansion of PoE applications beyond traditional industries, and the development of new technologies to enhance PoE efficiency and performance. Overall, the market is expected to continue growing at a steady pace, driven by the increasing need for efficient power solutions in various industries.
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Major Market Players
Axis Communications
Maxim Integrated Products
Texas Instruments
Stmicroelectronics
Analog Devices
Broadcom
Microchip Technology
On Semiconductor
Silicon Laboratories
Monolithic Power Systems
The Power over Ethernet (PoE) market is highly competitive, with key players like Axis Communications, Maxim Integrated Products, Texas Instruments, STMicroelectronics, Analog Devices, Broadcom, Microchip Technology, On Semiconductor, Silicon Laboratories, and Monolithic Power Systems driving innovation and growth in the industry.
Axis Communications is a leading player in the PoE market, offering a wide range of network cameras and video encoders that support PoE technology. The company has seen steady market growth due to the increasing demand for surveillance systems in various sectors such as healthcare, transportation, and retail.
Maxim Integrated Products and Texas Instruments are also significant players in the PoE market, providing PoE power sourcing equipment (PSE) solutions for various applications like security cameras, wireless access points, and VoIP phones. These companies have been investing heavily in R&D to develop advanced PoE solutions that are energy-efficient and cost-effective.
According to a report by Market Research Future, the global PoE market size is expected to reach $ billion by 2023, with a CAGR of 12% during the forecast period. This growth can be attributed to the increasing adoption of PoE technology in smart buildings, IoT devices, and enterprise networks.
In terms of sales revenue, some of the key players in the PoE market include Monolithic Power Systems (revenue of $192.7 million in 2020), Broadcom (revenue of $24.85 billion in 2020), and Analog Devices (revenue of $6.21 billion in 2020).
Overall, the PoE market is poised for significant growth in the coming years, driven by advancements in technology, increasing adoption of IoT devices, and the need for efficient power solutions in various industries. Companies that can innovate and provide reliable PoE solutions tailored to specific applications are likely to succeed in this competitive market.
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