According to Data Bridge Market Research and many other research firms PoE Lighting set to outpace the industry. Lighting is the fastest growing commercial and residential lighting technology today. Business analysts forecasts that PoE LED Lighting will outmode the majority of AC-based lighting within the next ten years.
Power over ethernet (PoE) lighting market is expected to reach USD 3,915.68 million by 2028 witnessing market growth at a rate of 35.40% in the forecast period of 2021 to 2028. Data Bridge Market Research report on power over ethernet (PoE) lighting market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
PoE lighting refers to the ability to power light fixtures (luminaires) using an Ethernet cable and to relay data between the luminaire and the control software. What this means is that the fixtures connected to the network will both power and control one cable. Routers to the network. A mini network switch to support a small cluster of ethernet ports from one uplink cable built in distant rooms. PoE power is fed into the PD port. These switches may in turn power remote PoE devices using PoE pass through.
What do you think, are they right? Only time will tell but I am betting on the fact that the push for energy reduction technologies are at the forefront not only because of demand but because of regulation.