The Latin America, Middle East and Africa Power Over Ethernet (Poe) Lighting Market would witness market growth of 34.0% CAGR during the forecast period (2023-2030).
Lighting that uses the Power over Ethernet (PoE) technology can transmit data and power across Ethernet wires. PoE lighting eliminates the need for additional power lines by supplying electricity to lighting fixtures using standard Ethernet wires. This technology uses the current network infrastructure to power lighting devices like LED luminaires or bulbs while providing data exchange between the lighting fixtures and control systems.
The power sourcing equipment (PSE), which supplies electricity to the Ethernet connection, is a crucial part of PoE lighting. The powered devices (PD), which include light fixtures and sensors, get power and can function without a specific electrical connection. Industry standards that specify the maximum power levels and protocols for PoE systems, such as IEEE 802.3af or IEEE 802.3at, are usually in charge of regulating power delivery. Ethernet cables connect industrial and building automation applications such as IP phones, cameras, point-of-sale machines, access control card readers, and LED luminaires.
The region's emphasis on the tourism & real estate industry is the primary factor contributing to the rise of the smart home sector. One of the global industries with the quickest growth rates is the Middle Eastern real estate industry. Foreign real estate developers have invested large sums of money in countries like Saudi Arabia, Oman, Qatar, Dubai, and others, which has fuelled the expansion of the smart house concept in this region. It is anticipated that all of these changes in the LAMEA region will contribute to the expansion of the market.
The Brazil market dominated the LAMEA Power Over Ethernet (Poe) Lighting Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $88.1 million by 2030. The Argentina market is exhibiting a CAGR of 34.7% during (2023 - 2030). Additionally, The UAE market would experience a CAGR of 33.6% during (2023 - 2030).
Based on Offering, the market is segmented into Hardware, Software, and Services. Based on Wattage, the market is segmented into Above 25 Watt, and Up to 25 Watt. Based on Application, the market is segmented into Industrial, Commercial, and Residential. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Power Over Ethernet (Poe) Lighting Market is Projected to reach USD 5.1 Billion by 2030, at a CAGR of 30.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ALLNET GmbH, Axis Lighting, Inc., Cisco Systems, Inc., Herbert Waldmann GmbH & Co. KG, Hubbell Incorporated, Koch Industries, Signify N.V., Wipro Lighting (Wipro Enterprises Private Limited), H. E. Williams, Ideal Industries, Inc.
By Offering
By Wattage
By Application
By Country
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