Power over Ethernet Market Analysis:
Power over Ethernet (PoE) is a technology that carries electrical current by data cables rather than by power cords and provides power to different devices from the same Ethernet cable. It reduces the number of wires required to install the network and supports a wide range of devices. PoE offers numerous benefits from network efficiency as well as cost standpoint. PoE does not require AC/DC power supplies and outlets. It facilitates simplified, faster and lower cost of installation. PoE enables centralized power management, eases and accelerates changes and temporary deployments, and also offers low maintenance cost and less downtime. PoE finds its application is various commercial, residential and industrial sectors. The rising energy cost and adoption of PoE in the commercial sector are bolstering the growth of the market. Focus on smart power budgeting is the prime stimulant in the growth of the market.
Technology feasibility of delivering high power and the robustly growing market for VoIP services and growth in the end-user market are likely to augment the demand for Power over Ethernet Market. PoE is the best option for industrial based Ethernet switch systems as it facilitates installation of field-based devices without a separate power cabling supply. It is also helpful in reduction of numerous separate remote power supply units. PoE is being intensively deployed in smart homes due to the increased demand for automation and control for centrally managing electrical system and appliances, hence contributing to the market growth. Governments of various countries are investing in Ethernet infrastructure and development of smart grids which is aiding the growth of the market. Powered Device Controllers are being increasingly used in IP cameras, wireless access point and PoE enabled devices.