In 2017, the global Power over Ethernet (PoE chipsets) market was worth USD 464.8 millions. The market is expected to grow at 12.6% between 2017 and 2025. Because it transmits electrical power and networks through one cable, Power over Ethernet technology will gain immense momentum over the next few years.
It reduces the number wires, which results in lower costs, simpler infrastructure management, less downtime and greater installation flexibility.
Market growth is expected to be significant over the forecast period due to several factors, including increasing use of Internet Protocol technologies and rising trend to transmit data and power over long distances via one cable using PoE switches or PoE injectors.
The market will see a rise in adoption and use of optical fiber cables to communicate. The market is expected to grow due to technological advancements like big data analytics and cloud-based service.
The practical application of PoE LED lighting with IoT and smart buildings can be made possible by the use of PoE. It is still in its infancy so it is not yet widely used in commercial buildings. However, PoE lighting will see greater market penetration due to its cost-competitive advantages over other lighting technologies. This will benefit the market's growth.
The market can be divided into PoE Power Sourcing Equipment Chipset (PSE Chipset) and PoE Powered Devices Chipset (PD) Chipset based on its type. In 2017, the market was 59.1% dominated by the PoE PD chipset category. It is expected to continue its market leadership position throughout the forecast period.
PSE chipsets are compatible with various levels of PoE as well as linear technology standards. These chipsets are responsible for detecting and classifying powered devices. They also provide the right amount of power to them through Ethernet cables.
The PoE injector eliminates the requirement to install separate cables to supply power. The market will continue to grow due to the increasing use of VoIP devices for telecommunication applications.
The market can be divided into three groups based on standard: 802.3at, 802.3at and 802.3bt. The overall market is benefiting from the increasing adoption of Power over Ethernet technology in security applications. 802.3af is used in IP cameras.
802.3at is also known as PoE Plus and is an advanced version. It can deliver approximately 34.2 W power to powered devices. The market is also expanding in terms of its applications, which will further fuel growth.
IEEE 802.3bt, a next-generation PoE standard, is expected to be implemented in 2018. It can deliver ultra-high power, up to 60 to 90 Watts. It can support devices such as building management devices, PoS devices, point-of-sale (PoS), and digital signage devices.
The market can be divided by application into connectivity, infotainment and LED lighting. Security is also included. The market is expected to grow over the forecast period due to rising adoption of LED lighting technology and increasing integration of PoE.
The market for Power over Ethernet chipsets is expected to grow due to the rising demand from industrial and commercial users for PoE chipsets in connectivity, security, and lighting. The market will grow if there is an improvement in internet infrastructure and the proliferation of the internet of things.
The market can be divided by device type into network cameras and VoIP phones, ethernet switches, injectors and wireless radio access points (WiFi), proximity sensors and others. The growing use of VoIP devices for networking and communication is expected to support the segment's growth. These devices are cheaper and more cost-effective than traditional solutions.
PoE chipset demand is expected to rise as more people deploy proximity sensors, cameras and RFID readers in residential applications for network security. The market is expected to grow due to the increasing use of IP cameras for VoIP, security, and webcams.
The overall market will be positively influenced by the rising demand for PoE-based products for office buildings, particularly for security & access control.
The market is segmented based on end user. The commercial segment can be further divided into small offices and office buildings, retail, healthcare and hospitality. This segment is expected to show the highest CAGR during the forecast period.
This segment is expected to grow due to increasing penetration of PoE technology in offices, hospitals, hotels, and other places. The residential segment is expected to grow as there is more awareness about the benefits of PoE in lighting, and connectivity solutions.
In 2017, North America was the dominant market for revenue. In 2017, the regional market was worth USD 209.9 millions. The region's high-speed internet usage is expected to increase the demand for PoE chipsets.
Due to the growing demand for high speed internet and the rising trend towards automation in various industries, the Asia Pacific region market will see a significant increase in revenue share during the forecast period.
The growth of the region's market will also be aided by the European Union's favorable regulatory frameworks. Over the forecast period, European countries like the U.K. and France will likely register a higher CAGR that other countries in the region.
Some of the major players in the market include Akros Silicon, Inc., Cisco Systems, Inc., Flexcomm Technology Limited, Maxim Integrated Products, Inc., Texas Instruments Incorporated, Linear Technology Corporation, ON Semiconductor, Silicon Laboratories, and STMicroelectronics.
To strengthen their product offerings and market share, industry players are entering into strategic partnerships or mergers and acquisitions. In February 2016, Cisco Systems, Inc. partnered with Koninklijke Philips N.V., which is a Dutch technology solutions provider. Both companies saw an increase in profits due to increased sales of smart lighting solutions. The former provided networking gears while the latter offered commercial lighting solutions.
This report predicts revenue growth at the global, regional and country level and analyzes the industry trends for each sub-segment between 2014 and 2025. Grand View Research has divided the global PoE Chipsets Market Report based on type and standard, region, and end-use.
Outlook Type (Revenue USD Million; 2014-2025)
PoE Power Sourcing Equipment Chipset
PoE-Powered Devices (PD Chipset)
Standard Outlook (Revenue USD Million; 2014-2025)
802.3af standard
Standard 802.3at
Standard 802.3bt
Application (Revenue USD Million; 2014-2025)
Connectivity
Infotainment
LED Lighting
Security
Other
End-user Outlook, Revenue, USD Million; 2014-2025
Commercial
Office buildings and small offices
Retail
Healthcare
Hospitality
Industrial
Residential
Outlook Type Device (Revenue USD Million; 2014-2025)
Network Cameras
VoIP Phone
Ethernet Injector & Switch
Wireless Radio Access Point
Proximity Sensor
Other
Regional Outlook (Revenue USD Million; 2014-2025)
North America
The U.S.
Canada
Mexico
Europe
Germany
UK
Asia Pacific
China
Japan
India
South America
Brazil
Middle East and Africa (MEA).
b. Global power over Ethernet (PoE), chipsets market was valued at USD 579.5 Million in 2019, and is forecast to grow to USD 636.9 Million in 2020.
What are the factors that influence the growth of the ethernet chipets market?b. Global PoE chipsets markets are expected to grow at 12.6% compound annual growth rate between 2018 and 2025, reaching USD 1,223.0 millions by 2025.
What are the main factors that drive the market for power over Ethernet chipsets?b. The growing popularity of PSEs/PDs, as well as the cost-effective and simple installation options for PoE chipsets are key factors driving market growth in power over Ethernet chipsets.
Which segment had the largest market share in power over Ethernet chipsets?b. With a 38.6% share in 2019, North America was the dominant market for PoE chipsets. This can be attributed to the increasing government investments in smart grids development and the availability of high-speed Internet services in the region.
Which are the major players in the ethernet market?b. b.
Up Market Research published a new report titled “Power over Ethernet (PoE) Chipsets Market research report which is segmented by Type (Power Sourcing Equipment, Powered Devices), By Players/Companies Inc; Flexcomm Technology Limited; Maxim Integrated Products Inc; Microsemi Corporation; Texas Instruments, Inc; and Linear Technology Corporation, Akros Silicon Inc; Cisco Systems”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Power over Ethernet (PoE) Chipsets Market Research Report |
By Type | Power Sourcing Equipment, Powered Devices |
By Companies | Inc; Flexcomm Technology Limited; Maxim Integrated Products Inc; Microsemi Corporation; Texas Instruments, Inc; and Linear Technology Corporation, Akros Silicon Inc; Cisco Systems |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 218 |
Number of Tables & Figures | 153 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type (Power Sourcing Equipment, Powered Devices).
Power over Ethernet (PoE) Chipsets Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Power over Ethernet (PoE) Chipsets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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