Power over Ethernet Chipsets Market Size, Sector / Industry Report & Analysis 2020, & Forecast 2021-2026 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Power over Ethernet Chipsets Market


The global Power over Ethernet Chipsets market size is projected to reach US$ 1352.42 million by 2026, from US$ 663.56 million in 2020, at a CAGR of 12.6% during 2021-2026.The Power over Ethernet technology is estimated to gain tremendous momentum over the coming years owing to its ability to transmit electrical power and networking through one cable.

Thus, it reduces the number of wires and results in lower costs, simplified infrastructure management, easier maintenance, less downtime, greater installation flexibility, and reduced power consumption.

The market is expected to witness significant growth over the forecast period owing to several factors such as increasing use of Internet Protocol (IP) technologies and rising trend of transmitting data and power via a single cable over large distances using PoE switches and PoE injectors.
Growing adoption and implementation of optical fiber cables for communication are likely to provide an upthrust to the market. Technological advancements such as big data analytics and cloud-based services are fueling the demand for data centers in developed countries such as U.S., which is poised to drive the market.

Use of PoE with LED lighting allows practical applications of the Internet of Things (IoT) and smart buildings. PoE LED lighting is still in nascent stage and thus, its penetration in commercial buildings is low. But with cost competitive benefits over other lighting technologies, PoE lighting is projected to experience deeper market penetration in the offing, thereby benefiting the growth of the market.

Market Segmentation, Outlook & Viewpoint: Global Power over Ethernet Chipsets Market

Type Market Segmentation & Outlook (Revenue, USD Million; 2014 - 2025)

  
PoE Power Sourcing Equipment (PSE) Chipset
  
PoE Powered Devices (PD) Chipset

Standard Market Segmentation & Outlook (Revenue, USD Million; 2014 - 2025)

  
802.3af standard
  
802.3at standard
  
802.3bt standard

Application (Revenue, USD Million; 2014 - 2025)

  
Connectivity
  
Infotainment
  
LED Lighting
  
Security
  
Others

End User Market Segmentation & Outlook (Revenue, USD Million; 2014 - 2025)

  
Commercial
  
Office Buildings and Small Offices
  
Retail
  
Healthcare
  
Hospitality
  
Industrial
  
Residential

Device Type Market Segmentation & Outlook (Revenue, USD Million; 2014 - 2025)

  
Network Cameras
  
VoIP Phone
  
Ethernet Switch & Injector
  
Wireless Radio Access Point
  
Proximity Sensor
  
Others

Key Players, Recent Developments & Regional Insights: Global Power over Ethernet Chipsets Market

By application, the market is categorized into connectivity, infotainment, LED lighting, security, and others. Rising adoption of LED light and growing integration of PoE in LED lighting technology are anticipated to augment the market over the forecast period.

Burgeoning demand for PoE chipsets in security, connectivity, and lighting applications from commercial and industrial users is estimated to supplement the growth of the Power over Ethernet chipsets market. Improving internet infrastructure and proliferation of internet of things are expected to assist the growth of the market.

Device Type Insights

On the basis of device type, the market has been divided into network cameras, VoIP phones, ethernet switches and injectors, wireless radio access points, proximity sensors, and others. Growing implementation of VoIP devices in networking and communication, owing to cheaper and cost-effective solutions offered by such devices, is poised to supplement the growth of the segment.

Increasing deployment of proximity sensors, cameras, and RFID readers for network security purposes in residential applications is projected to boost the demand of PoE chipsets. Spiraling applications of IP cameras in VoIP, security systems, and webcams are anticipated to propel the market.
Surging demand for PoE-based products in office buildings, especially for security & access control, along with connectivity applications, is estimated to positively influence the overall market.

End User Insights

Based on end user, the market has been segmented into commercial, industrial and residential. The commercial segment is further classified into office buildings and small offices, retail, healthcare, and hospitality. The segment is expected to post the highest CAGR over the forecast period.
Increasing penetration of PoE technologies in offices, hospitals, and hotels is likey to contribute to the growth of this end user segment. Rising awareness regarding benefits of PoE in lighting and connectivity solutions is projected to stir up the growth of the residential segment.

Regional Insights

North America dominated the market in terms of revenue in 2017. The regional market was valued at USD 209.9 million in 2017. Soaring use of high-speed internet is expected to bolster the demand for PoE chipsets across the region.

The Asia Pacific regional market is likely to witness a significant gain in revenue share over the forecast period, on account of growing demand for high-speed internet and rising trend of automation across various industries in the region.

Additionally, favorable regulatory frameworks in European Union are projected to play a crucial role in the growth of the regional market. European countries such as the U.K., Spain, and France are anticipated to register a higher CAGR than other countries in the region over the forecast period.
Power over Ethernet Chipsets Market Share Insights

Akros Silicon, Inc.; Cisco Systems, Inc.; Flexcomm Technology Limited; Maxim Integrated Products, Inc.; Microsemi Corporation; Texas Instruments Incorporated; Linear Technology Corporation; ON Semiconductor; Silicon Laboratories; and STMicroelectronics are some of the key players in the market.
Industry participants are entering into strategic partnerships and mergers & acquisitions to strengthen their product portfolio and foothold. For instance, in February 2016, Cisco Systems, Inc. collaborated with Koninklijke Philips N.V., a Dutch technology solution provider. With increased sales of smart lighting solutions, both the companies witnessed a hike in profitability as the former company provided networking gears and the latter offered commercial lighting solutions.

Key Insights Covered: Global Power over Ethernet Chipsets Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Power over Ethernet Chipsets industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Power over Ethernet Chipsets industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Power over Ethernet Chipsets industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Power over Ethernet Chipsets industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Power over Ethernet Chipsets industry.

Research Methodology: Global Power over Ethernet Chipsets Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other