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Power Over Ethernet (PoE) Chipsets Industry Analysis, Size, Share, Growth, Trends Forecasts 2023
The global Power over Ethernet (PoE) Chipsets market was valued at USD 515.46 million in 2017 and is exected to reach USD 985.8 million by the end of forecast period with a CAGR of 11.80%.(PresseBox) ( Magarpatta, )
The Global Power Over Ethernet (PoE) Chipsets Market was valued at USD 515.46 million in 2017 and is exected to reach USD 985.8 million by the end of forecast period with a CAGR of 11.80%.
Power over Ethernet (PoE) Chipsets are used for transferring data and electrical power through one cable, thus simplifying the infrastructure and reducing the overall cost. Other advantages of Power over Ethernet (PoE) chipsets include low power consumption and downtime, easy maintenance and high installation flexibility. The IEEE Committee has ratified the PoE standard (IEEE 802.3bt) which will increase the power up to 90W received or 71 watts sent. This allows for high power management capability and better efficiency for PoE delivery systems.
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Some of the major drivers impacting the Power over Ethernet (PoE) Chipsets market are increasing application of IP technologies such as telephony and deployment of Ethernet-based RFID readers and network security cameras. IP telephones require power for operating and Power over Ethernet provide manageable power delivery and increase scalability. Power over Ethernet (PoE) Chipsets are also widely being adopted in building and industrial automation applications.
The increasing focus on energy efficiency across the world is leading to rise in adoption of LED lighting. Several advantages of LED lights such as high efficiency, high light efficacy and better thermal management is creating the demand for LED lights. With the reduction in power consumption per fixture due to use of LEDs, the adoption of Power over Ethernet chips is increasing for cabling purpose as it supplies enough power to drive LED lights. Also, IP telephony devices use Power over Ethernet technology to power over the existing network cabling infrastructure which avoids the need for separate data cable infrastructure. Organizations connect VoIP devices to a remote SNMP management system which leads to additional cost savings. Furthermore, the simple infrastructure avoids the need for electricians for installation process, hence reducing cost.
Power Over Ethernet (PoE) Chipsets Market- Key players
The key players in the Power over Ethernet (PoE) Chipsets market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are – Cisco Systems, Inc. (US), Maxim Integrated (US), Texas Instruments Inc. (US), ON Semiconductor (US), Silicon Laboratories (US), STMicroelectronics (Switzerland), Flexcomm Technology Ltd. (Hong Kong), Microsemi Corporation (US), Akros Silicon Inc. (US) and Linear Technology Corporation (US). These players contribute a major share in the growth of Power over Ethernet (PoE) Chipsets market.Apart from the top key players, there are other players that contribute to the market growth. These include Shenzhen Quanma Industry Co. Ltd. (China), VISIX (US) and Delta Controls (Canada), and others.
Power Over Ethernet (PoE) Chipsets Market- Segmentation
By standard, the market is segmented into 802.3af standard, 802.3at standard and 802.3bt standard. By application, the market is segmented into LED lighting, security, connectivity, and others. By end-user, the market is segmented into commercial, residential and industrial. Commercial has been further bifurcated into office buildings, healthcare, hospitality and retail. By device, the market has been bifurcated into network cameras, VoIP phone, ethernet switch & injector, wireless radio access point and others.
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Power Over Ethernet (PoE) Chipsets Market- Regional analysis
The global market for Power over Ethernet (PoE) Chipsets is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of Power over Ethernet (PoE) Chipsets market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America). Among the regions mentioned, North America is expected to dominate the Power over Ethernet (PoE) Chipsets market during the forecast period owing to technologically advanced infrastructure, followed by europe and Asia-pacific regions. Asia-Pacific is expected to experience highest growth rate during the forecast period. Increasing demand for wireless technologies along with high internet penetration is driving the growth of Power over Ethernet (PoE) Chipsets market in North America. Furthermore, government regulations for increasing internet penetration in developing countries such as India and advancement in networking technologies are important factors boosting the growth of Power over Ethernet (PoE) Chipsets market in Asia Pacific region.
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Power Over Ethernet (PoE) Chipsets Market- Intended Audience
Telecommunication network providers
PoE controller & IC manufacturers and vendors
PoE device manufacturers (OEMs)
Distributors, resellers and traders
Research organizations and consulting firms
Power over Ethernet-related associations, organizations, forums, and alliances
Venture capitalists, private equity firms, and start-up companies
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