Global Power over Ethernet (PoE) chipsets market– Overview
- The report will cover the overall analysis and insights in relation to the size and growth rate of the “Global Power over Ethernet (PoE) chipsets market” by various segments at a global and regional level for the 2014-2027 period, with 2014-2019 as historical data, 2020 as a base year, 2021 as an estimated year and 2021-2027 as forecast period.
Global Power over Ethernet (PoE) chipsets Market Introduction
- The Global Power over Ethernet (PoE) chipsets Market is expected to reach USD 1.3 billion by 2027. Growing at a CAGR of 11.3% during the forecast period.
- Increase in adoption of IP telephony has driven the demand for Power over Ethernet (PoE) chipsets. Rise in the deployment of network security cameras and Ethernet-based RFID readers will further boost the global PoE chipsets market. Introduction of industrial Ethernet PoE solutions is expected to contribute significantly toward the expansion of the market. The overall market has an opportunity to grow in the near future, with the rising popularity of PoE for digital signage.
- Increasing costs of energy have pushed energy-efficient PoE solutions into the spotlight. Introduction of upgraded PoE plus is anticipated to propel the applications of PoE in high-power devices. However, non-standard PoE chipsets cast a long shadow of worry over the growth of the market. Deployment of PoE technology requires high capital investment on electrical and data infrastructure. Lack of awareness about the benefits of the technology and insufficient power requirements will also impede the global PoE chipsets market.
- Introduction of standards such as IEEE 802.3 for the PoE technology has expanded the applications of PoE chipsets, including wireless access points and security surveillance cameras. When integrated into application and switching infrastructure, the PoE technology offers reduced deployment costs and increased control and monitoring capabilities across large enterprises and businesses.
Global Power over Ethernet (PoE) chipsets Market Report Scope
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- The scope of the report covers the clear understanding and overview of the product.
- Analysis of market trends in the region, with market data considering 2020 as the base year, 2021 as the estimate year and forecast for 2027 with projection of CAGR from 2021 to 2027.
- The report covers discussion of economic trends and technology.
- Market estimates represent revenue.
- In-depth analysis of the market segmentation assists in determining the prevailing market scope.
| Attribute | Details |
|---|---|
| Market size available for years | 2014–2027 |
| Base year considered | 2020 |
| Forecast period | 2021–2027 |
| Historical period | 2014-2019 |
| Forecast units | Value (USD) & Volume (Million Units) |
| Forecast units | Value (USD) & Volume (Million Units) |
| Segmentation | By Regions North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
| By Countries United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Indonesia, Malaysia, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Brazil, Argentina, Mexico, South Africa and 54 Others. |
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| By Type Power Sourcing Equipment (PSE) Chipset, Powered Devices (PD) Chipset. |
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| By Standard 802.3af standard, 802.3at standard, 802.3bt standard. |
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| By Application Connectivity, Infotainment, LED Lighting, Security and others. |
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| By Device Type Network Cameras, VoIP Phone, Ethernet Switch & Injector, Wireless Radio Access Point and Others. |
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| By End-User Commercial, Industrial, Residential and Others. |
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| Companies covered | AbbVie, Inc.; Akros Silicon Inc.; Analog Devices, Inc.; Broadcom, Inc.; Cisco Systems, Inc.; Delta Controls Inc.; Flexcomm Technology Limited; Kinetic Technologies; Linear Technology Corporation.; Maxim Integrated Products Inc.; Microsemi Corporation; Monolithic Power Systems; NXP Semiconductors N.V.; ON Semiconductor; Silicon laboratories, STMicroelectronics; Semtech Corporation; Shenzhen Lianrui Electronics Co. Ltd.; Texas Instruments, Inc. and Others. |
Segments Covered in Global Power over Ethernet (PoE) chipsets Market
- The powered devices chipsets segment accounted for the largest market share during the forecast period. The powered devices segment is estimated to maintain its position in the market throughout the forecast period. Power sourcing equipment chipsets support various levels of POE and linear technology standards. These devices are only responsible for detecting and classifying powered devices, along with providing the right amount of energy to said devices through Ethernet cables.
- The growing adoption of LED light and increasing integration of POE in LED lighting technology are expected to augment the market over the forecast period. Growing demand for POE chipsets in security, connectivity, and lighting applications from commercial and industrial users is projected to supplement the growth of the power over the Ethernet chipsets market. Improving internet infrastructure and proliferation of the internet of things are estimated to assist the growth of the market.
Covid-19 Impact on the Global Power over Ethernet (PoE) chipsets Market
- The emergence and rapid spread of COVID-19 has paralyzed numerous countries including developed as well as developing. The continuous surge in count of infected patients is threatening several industries across the world. The US, India, Brazil, Russia, and France are a few of the worst affected countries in terms of COVID-19 confirmed cases and reported deaths. The outbreak is adversely affecting economies and industries in various countries owing to lockdowns, travel bans, and business shutdowns. Moreover, the US is the most affected country in North America.
- The growing number of infection has led the government to impose various containment measure such factories shut down, travel restrictions, closure of international boarders, and lockdowns. The manufacturing facility in this region have now lately implemented operation on a rotational basis, regular sanitization of around the facilities, and various measures in order to avoid and minimize human contact. North America is among the region which houses large number of manufacturing organizations, hence the impact of COVID-19 is projected to be quite significant till the first quarters of 2021.
Recent Developments in Global Power over Ethernet (PoE) chipsets Market
- In September 2019, STMicroelectronics had launched Power over Ethernet (PoE) controllers for networked devices. These devices have standards of IEEE 802.3af specification for powered devices (PD), which deliver all the control functions that are required to enable a PD to request and draw PoE network through a power source. Introduction of standardized PoE products set to escalate the power over Ethernet market share, thereby driving the market.
- In January 2019, Microsemi Corporation had introduced PDS-208G PoE switch which is mainly developed for digital ceiling installations. This new device is compatible with IEEE 802.3af or 802.3at PoE lighting fixture and can be installed in ceiling or communication room racks. The company is focusing on introducing advanced PoE products in order withhold its market share.
Key Market Players in Global Power over Ethernet (PoE) chipsets Market
- The major players in the Global Power over Ethernet (PoE) chipsets Market are Akros Silicon Inc.; Cisco Systems, Inc.; Flexcomm Technology Limited; Maxim Integrated Products Inc.; Microsemi Corporation; Texas Instruments, Inc.; Linear Technology Corporation.; ON Semiconductor; Silicon laboratories, STMicroelectronics; Semtech Corporation; Shenzhen Lianrui Electronics Co. Ltd.; NXP Semiconductors N.V.; Monolithic Power Systems; Kinetic Technologies; Delta Controls Inc.; Broadcom, Inc.; Analog Devices, Inc. and others.
- Also, the Global Power over Ethernet (PoE) chipsets Market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
Objectives of the Global Power over Ethernet (PoE) chipsets Market Study
- To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the Global Power over Ethernet (PoE) chipsets Market.
- To analyze the competitive intelligence of players based on company profiles and their key growth strategies.
- To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total Global Power over Ethernet (PoE) chipsets Market.
- To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the Global Power over Ethernet (PoE) chipsets Market.
- A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.
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