Power Over Ethernet Solutions Market Size, Share, Growth, and Industry Analysis, By Type (Power Sourcing Equipment Controllers & ICs, Powered Device Controllers & ICs), By Downstream Industry (Residential, Commercial, and Industrial) and Regional Forecast to 2032

Updated On: 04 November 2024

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POWER OVER ETHERNET SOLUTIONS MARKET REPORT OVERVIEW

The Power Over Ethernet Solutions Market Size was Valued at US$ US$ 474.51 Million in 2023. The Market is likely to Surpass US$ 2619.87 Million by 2032 at a CAGR of 18.63% During the Forecast period [2024-2032].

The PoE technology enables the transmission of both data and electrical power through a single Ethernet cable hence making it easier to install and manage network devices like IP cameras, Wireless access points, and VoIP phones. Compared to systems that require different cables for power, the installation costs for PoE technology are significantly less and less complex mainly due to restrictions or inconvenience in accessing power outlets specifically for the network device’s power supply. This capability has boosted the use of PoE in diverse sectors such as in telecommunication sector, the health sector, and the security sector since in each of these sectors reliability and flexibility of network access is vital.

The global market for PoE answers is fast rising, owing to the growing incidence of IoT gadgets and the developing demand for powerful energy management in networks. The boom in clever constructing tasks, the deployment of IP surveillance systems, and the mixing of PoE into community infrastructure to enable new technology which includes 5G are all riding market enlargement. Cisco Systems, Ubiquiti Networks, and Axis Communications are key players in the PoE enterprise, with each contributing to improvements that enhance network overall performance, energy performance, and scalability.

COVID-19 Impact: The Pandemic Decreased the Market Growth Due to Supply Chain Disruptions

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market growth and demand returning to pre-pandemic levels.

The pandemic had a substantial negative impact on the energy over Ethernet (PoE) solution marketplace. Due to problems in global supply chains and production, PoE gadget production and transport had been not on time. Companies struggled to maintain everyday operations and install new projects due to transportation regulations and economic uncertainty. Additionally, companies' diminished capital expenditures constrained investments in network infrastructure upgrades, which include PoE solutions. These variables, taken collectively, hampered market growth and adoption costs in the course of the epidemic.

LATEST TRENDS

"High Power Capacities Leads to Market Growth"

The PoE solutions industry is moving in the direction of higher power and advanced efficiency. Due to the booming of IoT devices and network systems, the PoE demand that requires a higher power supply for the growing number of devices like high-definition IP cameras, WiFi access points, and compact machinery shifts higher. Moreover, current developments in PoE technology are oriented towards higher efficiency and reduced heat output, which is critical for maintaining reliable and stable networks on the global level.

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POWER OVER ETHERNET SOLUTIONS MARKET SEGMENTATION

By Type

Based on type the global market can be categorized into Power Sourcing Equipment Controllers & ICs, Powered Device Controllers & ICs.

• Power Sourcing Equipment Controllers and ICs: These components in the worldwide Power over Ethernet solutions market control power supply and communication between network switches and powered devices.

• Powered Device Controllers and ICs: This category contains components that allow powered devices, such as IP cameras and VoIP phones, to receive power and data via Ethernet cables in PoE systems.

By Downstream Industry

Based on downstream industry the market is classified into as Residential, Commercial, and Industrial.

• Residential: Power over Ethernet solutions in the residential sector are designed for smart home applications, allowing IP cameras and smart lighting to be powered and connected using Ethernet cables.

• Commercial: Power over Ethernet solutions are used to power and manage network devices like VoIP phones, wireless access points, and security systems, making installation easier and less expensive.

• Industrial: Power over Ethernet solutions enable harsh applications in industrial settings, powering IP-enabled equipment, sensors, and security cameras, improving operational effectiveness and enabling remote monitoring.

DRIVING FACTORS

"Technological Advancements Accelerate Market Growth"

Technological advances play a crucial component in developing the PoE industry. As networking technology develops, there's a more call for green electricity delivery alongside records transmission. New requirements which include PoE+ (802.3at) and PoE++ (802.3bt) permit larger power capacities, permitting for the deployment of greater energy-hungry gadgets which include IP cameras, wireless get-right of entry to factors, and even small network switches through Ethernet cables. These advances no longer simply enhance the talents of PoE devices, but additionally broaden their use throughout industries, resulting in marketplace increase.

"Increasing Demand for Energy-Efficient Solutions Accelerates Market Growth"

Another drive is the need to provide energy efficiency for the solutions offered for use, Wärme is no exception. The PoE technology thus does not require any individual power cable; this means that the installation as well as maintenance costs are much lower than those of the traditional systems and also there is so much consciousness about the environment. Thus studying the adoption of PoE solutions globally it is possible to determine that the rise in energy consumption and operating costs for businesses and industries is leading to the steady implementation of these solutions therefore, driving the power over ethernet solutions market growth. Their integration key points to PoE solutions among the most essential elements of advanced technologies and energy-saving concepts in the context of network and smart building development.

RESTRAINING FACTORS

"Limitations in Power Delivery and Compatibility Slows Down the Market Growth"

The primary constraint in the marketplace for Power over Ethernet (PoE) solutions is regularly confined energy transport and compatibility. PoE generation confronts difficulties in offering sufficient energy for high-electricity gadgets like pan-tilt-zoom (PTZ) cameras and multi-radio wireless access points, which demand more power than ordinary PoE can offer. Compatibility worries develop when a couple of devices require exclusive quantities of power, and not all gadgets are PoE-well-suited. Furthermore, worries concerning the protection and reliability of providing electricity through network cables affect marketplace attractiveness. These characteristics, taken together, make increasing PoE solutions throughout numerous programs and industries tough, proscribing their standard attractiveness in excessive-strength settings.

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POWER OVER ETHERNET SOLUTIONS MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"North America to Dominate the Market due to Usage of Advanced Technologies "

North America holds the largest market of PoE solutions due to the extensive usage of advanced networking technologies in application areas including IT, health care, and telecommunication domains. The region is also endowed with early standards that incorporate PoE in different applications, especially in IP cameras and Wireless Access Points, which give a significant contribution to the market share. Besides, strict conditions regarding energy efficiency and key market stakeholders’ location contribute to North America’s leading position in the power over ethernet solutions market share.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

This business is still led by many giant vendors well-known for their innovations and market trends in the power over Ethernet (PoE) solutions marketplace. These firms are involved in the creation and offering of PoE equipment and PoE solutions for telecommunications, healthcare, and smart building industries. They are infamous for their advanced technology for transmitting power and data through the Ethernet connection which enhances the effectiveness of the network and at the same time comes with cheaper costs for installation. Major players thus contribute to the expansion of PoE applications through increased demand for PoE-enabled devices across the world and by impacting standards influencing the shaping up of the networking technology.

LIST OF MARKET PLAYERS PROFILED

• Red Lion (U.S.)
• Silicon Laboratories (U.S.)
• B&B Electronics(U.S.)
• Monolithic Power Systems(U.S.)
• Microsemi(U.S.)
• Advantech (Taiwan)
• Broadcom(U.S.)
• Akros Silicon(U.S.)
• Texas Instruments(U.S.)
• Cisco Systems(U.S.)
• Littelfuse(U.S.)
• Maxim Integrated(U.S.)
• On Semiconductor(U.S.)
• Silicon Laboratories(U.S.)
• Linear Technology (Analog Devices) (U.S.)
• Stmicroelectronics (Switzerland)

INDUSTRIAL DEVELOPMENT

May 2024: Aeonsemi, a leader in high-speed Ethernet integrated circuits, is entering the automotive sector with the release of Nemo, the industry's most comprehensive IEEE 802.3ch compliant multi-Gigabit Ethernet chipset for In-Vehicle Networking (IVN) applications.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence the market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.