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Power Over Ethernet (POE) LED Lighting Market to Reach 544.8 Million Units by 2026; as POE LED Lighting Systems Reduce Overall Cost of Energy

Pune, Nov. 25, 2019 (GLOBE NEWSWIRE) -- POE lighting solutions illuminate about more than 1 billion square feet of commercial spaces. POE lighting systems reduces the cost of energy up to 90%, at a low capital investment, and therefore are attracting huge revenue to the global POE LED Lighting Market. In the past few years POE technology has been used in numerous devices and applications. The rise in adoption of advanced lighting system in smart buildings and infrastructures is boosting the global POE LED Lighting systems market.

According to a report by Fortune Business Insights, the global POE LED Lighting market will rise from a value of 192.3 Million Units in 2018 to 544.8 Million Units by the end of 2026. The forecast period is set from 2019 to 2026 and the market for POE LED Lighting is anticipated to rise at a CAGR of 14.1%. The report focusses on major growth drivers and restraints affecting the market globally. All information provided in this report is gathered from trusted sources including both primary and secondary mediums.

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Commercial Sector Emerges Dominant in Market

As per Fortune Business Insights, the commercial segment held the largest share in global POE LED Lighting market in terms of revenue. This is attributable to the fact that POE transmits data and power simultaneously in commercial applications. The increasing demand for VOIP and security cameras for various commercial industries such as education sector, healthcare sector, and others is another factor helping the commercial segment emerge dominant in the global market.

Introduction of LI-Fi Technology to Promote Market Growth

The introduction and implementation of next generation Li-Fi technology into LED Lighting is considered a major growth driver for the global POE LED Lighting market. Li-Fi technology will help to transmit data wirelessly since it has advanced wireless communication system. This is a major factor driving the market for LED Lighting. Again, the increasing demand for LED Lighting from various sectors such as aircraft carriers, retail industry, ocean lighting sector, traffic light sector, and many others will create lucrative growth opportunities for the global POC lighting LED market in the forthcoming years.

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Europe to Show Significant Growth on Account of Increasing Demand for LAN Switching Technology

Geographically, North America is holding the highest percentage of global POC LED Lighting market share, followed by Europe. This is because of the strong presence of technology providers and quick adoption of core technologies such as natural language processing, machine learning, and others in North America.

On the other side, the market in Europe will witness rise in demand for LAN switching technology across various industry verticals and thus show significant POE LED Lighting market growth in the forecast period.

Major companies operating in the global POE LED Lighting market are making huge investments for developing POE connected lighting solutions. They are also adopting other strategies such as merger and acquisition, company collaborations, and investment in advanced technology for better productivity and revenue generation.

For instance, SpiceBox, an advanced form of POE control Module was launched in 2017 by NuLEDs, Inc. SpiceBox is a device used for networking and has a unique MAC and IP address. This module was developed to help in smooth delivery of management and power capabilities for LED fixtures. Such innovations are likely to provide lucrative growth opportunities for the global POC LED Lighting market in the foreseeable future.

List of the companies operating in the global POE LED Lighting market are as follows: 

  • Texas Instruments Incorporated.
  • Akros Silicon, Inc.
  • Signify Holding (Philips)
  • Cisco Systems, Inc.
  • Platformatics INC.
  • Eaton lighting
  • NuLEDs, Inc.
  • GENISYS PoE Lighting Systems
  • Maxim Integrated Products, Inc.
  • Igor, Inc.

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Table of Content:

  • Introduction
    • Definition, By Segment
    • Research Approach
    • Sources
  • Executive Summary
  • Market Dynamics
    • Drivers, Restraints and Opportunities
    • Emerging Trends
  • Key Insights
    • Macro and Micro Economic Indicators
    • Consolidated SWOT Analysis for Key Players
    • Porter’s Five Forces Analysis
    • PESTLE Analysis
    • Global Policies and Regulations
  • Global Power over Ethernet (POE) LED Lighting Market Analysis, Insights and Forecast, 2016-2026
    • Key Findings / Summary
    • Market Size Estimates and Forecasts – By End-User (Million Units)
      • Commercial
        • Retail
        • Healthcare
        • Education
      • Industrial
      • Residential
    • Market Size Estimates and Forecasts – By Geography (Million Units)
      • North America
      • Europe
      • Asia Pacific
      • Middle East and Africa
      • Latin America


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Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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