Global Industrial PoE Injector Market: Growth, Future Prospects, and Competitive Analysis, 2016 - 2028

Global Industrial PoE Injector market is expected to witness CAGR of 8.75% during the forecast period. The revenue generated by the global Industrial PoE Injector market in 2021 was over USD 484.91 million and expected to generate revenue worth USD 934.14 million in 2028. The incremental growth opportunity offered by the global Industrial PoE Injector is estimated to be USD 5.21 billion between 2022 and 2028.

Interesting Facts about Industrial PoE Injector Industry

• North America held over 30% share in 2021
• S. is single largest market for Industrial PoE Injector with over USD 150 million in terms of revenue generation
• China is fastest growing market for Industrial PoE Injector
• Single port midspan segment held over 40% share
• Corporate offices to mobilize the demand for Industrial PoE Injector and held over 40% share in 2021

Strong Growth of Power over Ethernet Technology to Drive the Demand for Industrial PoE Injector

The Power over Ethernet technology industry has expanded and grown steadily over the last few years. PoE has allowed businesses to support multiple network devices to one central location to provide power and data together. The whole Internet of Things (IoT) market has been growing significantly, which, in turn, has increased the need for PoE solutions fuelling the growth of the PoE industry as a whole and the Industrial PoE Injector Market.

Increase in Internet-Based Devices Worldwide to Trigger the Future Growth of Industrial PoE Injector

The PoE Injector Market is expected to grow due to the increase in internet-based devices worldwide. PoE-based products like VoIP Phones, wireless access points, and Internet Protocol cameras are experiencing a rise in demand, growing this market further. VoIP phones especially are growing in demand due to their easy installation, ease of maintenance, and their low costs for communication which will continue boosting the Industrial PoE Injector Market over the forecasted period.

Single-Port Midspan and Multi-Port Midspan are major types of Industrial PoE Injector. Single-Port Midspan segment held significant share in 2021. However, Multi-Port Midspan segment is likely to grow at a rapid pace. There is also a continuously rising demand for cost-effective and fast connectivity due to the rising numbers of internet users, which will drive this industry further. Their lower costs, cheaper and easier maintenance, and ease of installation are just some reasons why PoE midspans are being chosen over traditional networking and power cables.

Rising Energy Costs to Drive the Growth of Industrial PoE Injector Industry

The cost of electricity is also a factor that is impacting this market. Rising energy costs mean more adoption of PoE devices in industries to provide devices with power without affecting the data, which will also grow this market over the forecasted period. Connectivity, Security & Access Control, Lighting Control and Infotainment are major application for Industrial PoE Injector. Connectivity segment held the largest share in 2021. While, Corporate Offices, Healthcare Facilities, Retail, Communication, Other Industrial Sectors and Residential are major end-user industries for Industrial PoE Injector. Corporate offices held the largest share of over 30% in 2021. Major factors fuelling demand for Industrial PoE Injector in corporate offices is rising energy cost.

The Limited and Low Power Capacity of These PoE Devices

The biggest restraining factor of the Industrial PoE Injector Market is the limited and low power capacity of these PoE devices. PoE technologies have enough power to provide low power consumption devices like standard security cameras, but they are unable to provide enough electrical energy to devices that are high consumption devices. There is also a limited distance these PoE devices can transmit data to without losing data or power along the way. 

Also, most and multiple PoE devices are connected to a single PoE power source which means any issues with the sole power source could end up in all devices connected to stop working. This is another factor that is limiting the growth of this market. Based on installation, Industrial PoE Injector industry is segmented into indoor & outdoor.   

Connectivity number of players are operating in global Industrial PoE Injector Market. Prominent players operating in global Industrial PoE Injector Market include but not limited to Advantech Co., Ltd., Phihong Technology Co., Ltd., Linear Technology Corp., American Power Conversion Corporation (A.P.C.) B.V., Cisco Systems, Inc., Microsemi Corp., L-com, Inc., Sixnet Holding LLC, ICP DAS Co, Ltd. and TP-Link Technologies Co., Ltd.

Frequently asked questions about global Industrial PoE Injector industry