Industrial Power Over Ethernet Market Report and Forecast 2025-2034

The global industrial power over ethernet market is expected to grow at a CAGR of approximately 6.20% in the forecast period of 2025-2034. The market is majorly being driven by the rising emergence of smart factories across all the major regions.

Market Segmentation

Power over ethernet or PoE-capable devices can be power supply systems (PSE), power delivery systems (PDs), or both. The power transmitting device is a PSE, whereas the power transmitting device is a PD. The majority of PSEs are network switches or PoE injectors for use with non-PoE switches. Power over ethernet (PoE) enables remote or external equipment to be installed without having to connect to AC power. This allows power to be supplied in more areas without additional electrical infrastructure installed or power supply at all ends. Without the need of an electrician and because ethernet cables are less expensive and frequently already installed in buildings, PoE-based systems are much more cost-effective and efficient.

Based on the technology, the market can be divided into:

• Powered Device
• Power Sourcing Equipment

The market can be broadly categorised based on its applications into:

• Power Industry
• Oil and Gas Industry
• Telecommunication Industry
• Others

Market Breakup by Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Market Analysis

The advent of intelligent factories is among the main factors driving the industry growth. Industries have moved from traditional automation to fully integrated and flexible infrastructures in order to achieve process self-optimisation. The market is fuelled by the need for seamless network and cloud communication and data flow and storage. The implementation of industrial ethernet protocols is vital if machine-to-machine and machine-to-cloud connectivity are to be achieved. The rising competitive pressure encourages companies to optimize their production processes. As a result, they are steadily moving to smart factories, which creates huge opportunities for power over the ethernet suppliers.

The growing number of smart grid projects is also a major driver for the market growth. Many governments have taken initiatives to convert traditional grids into smart grids to provide reliable as well as uninterrupted electricity supplies. Smart grid operators need a system to detect and respond to local power consumption changes. Ethernet power can easily meet these requirements. Power over ethernet is often used in intelligent grids to transfer power as well as data to field devices via a single wire. During the forecasted period, the critical application of industrial power over ethernet in smart grids, which are being increasingly implemented globally, would help to increase global industrial power over the ethernet market.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global industrial power over ethernet market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Belden Inc.
• Broadcom Inc.
• Cisco Systems, Inc.
• Texas Instruments Inc.
• STMicroelectronics International NV
• Others

The report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.