LONDON--(BUSINESS WIRE)--Sep 15, 2018--With the ability to carry electrical power and data through a single cable, the Power over Ethernet (PoE) technology is rapidly emerging in the lighting sector. Many LED lighting manufacturers are embracing PoE technology and this trend is expected to gain traction over the years. PoE technology provides advantages such as reduced installation cost and time, safety, and agility.

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According to Technavio report, the growth momentum of the global industrial Ethernet switches market is expected to accelerate at a CAGR of over 10% through 2022. (Graphic: Business Wire)

The recently concluded 2018 BICSI Fall Conference & Exhibition, presented a session on the theme titled, ‘PoE Lighting: Unleashing IoT and Opportunity in the ICT Industry’. In this session, Dave Valentukonis and Bob Allan from The Siemon Company and Harry Aller from Innovative Lighting spoke about how through Ethernet communications and integration with other Internet of things (IoT) applications, PoE lighting has the potential to cut energy costs and improve safety and comfort.

Market research firm Technavio highlights that with the proliferation of PoE lighting, the is expected to grow in tandem. The growth momentum of the global industrial Ethernet switches market is expected to accelerate at a CAGR of over 10% through 2022. PoE switches are categorized into two product segments: managed PoE switches and unmanaged PoE switches. The increasing PoE speed is a key trend in the industrial Ethernet switches market. Ethernet switches are set to provide higher data speeds with the release of 802.3bz protocol. This protocol allows users to jump from 1 Gbps to 10 Gbps speed, thus removing the expensive recabling cost. Some of the benefits for the implementation of 802.3bz protocol are as follows:

Higher cost savings Recabling is not necessary Reduced installation time Support to higher data speeds

Get more information on how the increasing PoE speed will impact the industrial Ethernet switches market:

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS ELECTRONIC DESIGN AUTOMATION HARDWARE INTERNET NETWORKS TELECOMMUNICATIONS SEMICONDUCTOR MOBILE/WIRELESS

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 09/15/2018 01:21 AM/DISC: 09/15/2018 01:21 AM

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