Power over Ethernet (PoE) Chipset Market Size & Share, By Type (PoE Power Sourcing Equipment (PSE) Chipset), Standard, End-use, Device, Regional Forecast, Industry Players, Growth Statistics Report 2023-2030

Market Outlook:

Power over Ethernet Chipset Market size surpassed USD 644.48 Million in 2022 and is poised to reach USD 1.8 Billion, growing at over 14.03% CAGR between 2023 and 2030.

• Base Year Value (2022): USD 644.48 Million
• CAGR (2023-2030): 14.03%
• Forecast Year Value (2030): USD 1.8 Billion
• Historical Data Period: 2018-2021
• Largest Region: North America
• Forecast Period: 2023-2030

Market Dynamics:

Growth Drivers & Opportunities:

1. Rising Demand for Smart Lighting Systems: The growing need for energy-efficient lighting solutions that can be easily integrated into smart homes and buildings is propelling the demand for PoE chipsets. These chipsets enable the provision of low-voltage power and data transmission over a single Ethernet cable, making them an ideal choice for smart lighting systems.

2. Increasing Deployment of IP Cameras and VoIP Phones: With the surge in demand for surveillance solutions and Voice over Internet Protocol (VoIP) systems, the demand for PoE-enabled devices such as IP cameras and VoIP phones is on the rise. PoE chipsets facilitate the simultaneous transmission of power and data to these devices, eliminating the need for separate power sources, leading to cost savings and streamlined installations.

3. Growing Demand in Industrial Automation: The industrial sector is witnessing widespread automation to improve operational efficiency and minimize human intervention. PoE-enabled devices are increasingly used to power and connect various automation components such as sensors, programmable logic controllers (PLCs), and actuators. This fuels the demand for PoE chipsets in industrial automation applications.

 

Industry Restraints & Challenges:

Report Scope

Report Coverage	Details
Segments Covered	Type, Standard, End-Use, Device, Region
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Analog Devices, Cisco Systems, Microsemi (Microchip Technology), Monolithic Power Systems, NXP Semiconductors N.V., On Semiconductor, Semtech, Silicon Laboratories, STMicroelectronics N.V., Texas Instruments Incorporated

1. Limitations in Power Delivery: While PoE chipsets provide power transmission capabilities, there are limitations to the amount of power that can be delivered efficiently over Ethernet cables. This can pose challenges in powering high-energy devices, limiting the adoption of PoE chipsets in certain applications.

2. Compatibility Issues: The lack of standardized protocols across PoE chipsets can result in compatibility issues, hindering seamless integration of devices. This may cause interoperability problems and complexity in system installations, restraining market growth to some extent.

Despite these challenges, the Power over Ethernet chipset market is expected to witness substantial growth due to the continuous advancements in PoE technology and the increasing demand for energy-efficient solutions across various industries. The market outlook remains positive as more manufacturers are focusing on developing advanced PoE chipsets that can meet diverse end-user requirements.

Regional Forecast:

The Power over Ethernet (PoE) Chipset market is expected to witness significant growth across various regions, including North America, Asia Pacific, and Europe.

North America

North America is anticipated to hold a considerable share in the PoE Chipset market. The region has witnessed widespread adoption of PoE technology, especially in sectors such as IT, healthcare, and commercial buildings. The increasing demand for network convergence and the rising adoption of IoT devices are driving the growth of the PoE Chipset market in North America. Moreover, the presence of key market players in countries like the United States and Canada further contributes to the market growth in the region.

Asia Pacific 

The Asia Pacific region is projected to exhibit substantial growth in the PoE Chipset market. Rapid industrialization, infrastructural development, and the expanding IT sector in countries such as China, India, and Japan are major factors contributing to the market growth. The region also benefits from the increasing implementation of smart city initiatives, which require efficient power and data transmission solutions. Furthermore, the growing demand for network security and the need for reliable internet connectivity are expected to boost the PoE Chipset market in the Asia Pacific region.

Europe

Europe is expected to witness a steady growth rate in the PoE Chipset market. The region displays a robust infrastructure for data centers, which creates a need for power-efficient solutions. Additionally, the increasing adoption of surveillance systems, access control systems, and IP cameras is driving the demand for PoE Chipsets in the region. Furthermore, the presence of leading automotive manufacturers and their focus on integrating advanced connectivity solutions in vehicles are contributing to the market growth in Europe.

Segmentation Analysis:

1. Application Segment -

Security and Access Control Systems:

Security and access control systems represent a prominent sub-segment in the PoE Chipset market. These systems are widely deployed across commercial buildings, public spaces, and residential complexes to enhance security measures and control access to premises. The integration of PoE technology in security and access control systems allows for centralized power management and data transmission, simplifying the overall installation process. The growing concerns regarding security breaches and unauthorized access have driven the adoption of advanced security and access control systems, thereby fueling the demand for PoE Chipsets in this segment.

Competitive Landscape:

The Power over Ethernet Chipset market comprises several prominent players that offer a wide range of products and services. These market players focus on strategies such as mergers and acquisitions, collaborations, partnerships, and product innovations to enhance their market position and gain a competitive edge. Some of the key players in the PoE Chipset market include:

1. Texas Instruments Incorporated

2. ON Semiconductor

3. Cisco Systems, Inc.

4. Microsemi Corporation (Microchip Technology)

5. Maxim Integrated

6. STMicroelectronics

7. Silicon Laboratories

8. Linear Technology Corporation (Analog Devices)

9. Broadcom Inc.

10. Akros Silicon Inc.

These market players compete based on factors such as product quality, reliability, cost-effectiveness, and technological advancements. Strategic collaborations and partnerships with other industry participants are essential for these players to expand their product portfolios and geographical reach.