The Power over Ethernet market in North America is expected to grow from US$ 306.98 million in 2019 to US$ 660.59 million by 2027; it is estimated to grow at a CAGR of 10.6% from 2020 to 2027.
The application of Power over Ethernet-based solutions is surging in building automation owing to its flexibility, reliability, scalability, and cost efficiency in terms of reduced cabling infrastructure and labor costs. The advantages of Power over Ethernet's enable the data network to be adopted for lighting applications that are integrated with advanced sensing technologies, which range from the sensors used for people-counting to operate air quality controls. The rising requirement of intelligent building's, demands the usage of Power over Ethernet in sensors, connected lighting, and other building controls. For instance, the lighting application of Power over Ethernet is enabled by the digital nature of light and low-voltage DC power. The installation of Power over Ethernet offers low-voltage DC power, data for the phone systems and closed-circuit television (CCTV) cameras, and potential for low-voltage devices to get installed away from AC power sources. The Power over Ethernet lighting system eradicates the AC-to-DC power conversion across each lighting fixture, enhancing the overall building efficiency. Thus, increasing adoption of building automation across residential and commercial sectors is one of the significant factors for the growth of the North America Power over Ethernet market. Additionally, rising usage of connected devices is among the other factors expected to fuel the demand for Power over Ethernets in North America.
Based on type, the powered devices segment led the North America Power over Ethernet market in 2019. The power sourcing equipment (PSE) controllers support different power levels of power over Ethernet (PoE). The PSE controllers are liable for classifying and detecting the powered devices (PDs) and tracking as well as supplying the right amount of power to these PDs over Ethernet cables. PSE controllers are IEEE compliant, comprise 0.15 Ω sense resistors to lower power dissipation, and use a high-reliability 4-point PD detection scheme for eliminating the false PD detections. The use of external MOSFETs offers an 80 V abs max rating on all analog pins, a scalable cable discharge protection scheme, and over-temperature protection; thus, ensures robust operation. For instance, in 2020, Silicon Laboratories, Inc. launched three new integrated circuits (ICs) for PSE and PD products—Si3471 PSE controller, Si3474 quad Ethernet port PSE controller, and Si34071 single-chip PD solution—for reducing the complexity as well as cost.
The ongoing COVID-19 outbreak has severely impacted the North America region. North America is one of the most important regions for the adoption and development of new technologies owing to favorable government policies to boost innovation, the presence of a high-tech companies, and high purchasing power, especially in developed countries such as the US and Canada. The US is the worst-hit country in North America, with thousands of infected individuals facing severe health conditions across the country. The North American region is greatly influenced by the US's strong presence owing to its considerable penetration of passenger vehicles per capita and large presence of automobile manufacturing capabilities in the region. Though the US witnessed a notable surge in the number of COVID-19 cases, the lack of stringent government measures and restrictions slightly impacted the overall industry; hence the market saw a moderate impact from the pandemic. However, the ongoing US and China trade war did influence the availability of materials and components following the pandemic. North America is among the region which houses large number of manufacturing organizations and hence the impact of COVID-19 is projected to be quite significant till the first quarter of 2021.
The overall North America Power over Ethernet market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the North America Power over Ethernet market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the North America Power over Ethernet market. Broadcom Ltd.; Cisco Systems, Inc.; Dell Inc; Huawei Technologies Co., Ltd.; Maxim Integrated Products, Inc; Monolithic Power Systems Inc.; ON Semiconductor Corporation; Silicon Laboratories Inc.; STMicroelectronics N.V.; and Texas Instruments, Inc. are among the key players operating in the North America Power over Ethernet market.