Global Power over Ethernet market is expected to grow at CAGR of 13% and estimated to reach at market size of US ~$1 billion by the end of forecast period
Pune, India - April 24, 2019 /MarketersMedia/ —
Power over Ethernet Market Overview:
The transmission of electric power with data over the same power cable to the POE enabled devices has increased lately. Reports that evaluate the semiconductor and electronics industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is primed to advance at a CAGR of 13% while earning revenues worth USD 1 billion in the forecast period.
The expansion of the Power over Ethernet Market is motivated by the reduced amount of downtime and the easy installation of Power over Ethernet Market cables. The amplified energy charges and implementation of POE commercially are expected to create an impetus for the progress of the market further. The focus on the safe delivery of power is expected to lift the development of the power over ethernet market in the impending years.
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Competitive Analysis:
The advancement of the market is upgraded chiefly due to the reduction in promotional and miscellaneous expenses. An intensified growth pace is observed due to the productive effect exerted by the market forces both externally and internally. The progress capability of the market is bolstered by the accretive nature of the assets available in the market. The market is projected to accomplish an absolute lead in the market place owing to improved strategies in specific areas. Additionally, the deals being coined in the market are likely to additionally inspire the development of the market in the impending years. The absorbed expenses in the market are readily dispensed with, opening more room for the development in the market. The companies functioning in the market are persistently taking on the hindrances to progress and are forming strategies that are projected to guide to a beneficial outcome on the market's advancement.
The key firms functioning in the power over ethernet market are Maxim Integrated Products, Inc. (U.S.), Texas Instruments, Inc. (U.S.), Silicon Laboratories, Inc. (U.S.), Linear Technology Corp. (U.S.), Broadcom Ltd. (U.S.), Microsemi Corp. (U.S.), STMicroelectronics N.V. (Switzerland), ON Semiconductor (U.S.), Axis Communications AB (Sweden), and Monolithic Power Systems, Inc. (U.S.), and, among others.
Segmental Analysis:
The segmental analysis of the power over ethernet market has been segmented on the basis of type, power to port, application, end-user, and region. Based on the type, the power over ethernet market is segmented into power sourcing equipment controllers & ICs and powered device controllers & ICs. On the basis of power to port, the power over ethernet market is segmented into Up to 30W, Up to 60W, Up to 15.4W, and Up to 100W.
Based on the applications, the power over ethernet market is segmented into connectivity, infotainment, security & access control, LED lighting & control, and others. The End User basis of segmenting the power over ethernet market comprises of commercial, residential, and industrial. The regions included in the power over the ethernet market are Europe, APAC, North America and the rest of the world.
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Detailed Regional Analysis:
The study of the regions in the power over the ethernet market comprises of regions such as Europe, APAC, North America and the rest of the world. The North American region is controlling the market for power over ethernet. The presence of global players in this region allows the North American region to have a competitive advantage over other regions.
The productive presence of IT and Telecom industry and the growing demand for POE controller and ICs is motivating the North American regional power over ethernet market. The European region is also displaying steady growth in the market of power over ethernet. The nations such as the U.K., Germany, are among the major suppliers in the revenue of power over ethernet market due to the rising healthcare and automotive industry. Furthermore, the Asia Pacific region is the third biggest regional market owing to the rising IT industry in China, India, and Japan.
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Source: MarketersMedia
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