The Power over Ethernet market in SAM is expected to grow from US$ 24.61 million in 2019 to US$ 55.94 million by 2027; it is estimated to grow at a CAGR of 11.4% from 2020 to 2027.
Due to its wide variety of applications, such as for commercial, residential, and industrial, the demand for Power over Ethernet POE is growing among different industry players. Demand for POE is expected to grow with the growing introduction of cameras (IP cameras, VoIP, and webcams), proximity sensors, and RFID readers for network surveillance through commercial and residential applications. The main drivers that drive demand for smartphones and mobile devices are increasing population, the disposable income, and the internet adoption coupled with technical innovations. Smart devices provide optimized features, such as updated screens and technology for in-house health management. As these innovative features captivate customer interest to smart devices, it is a big catalyst for the growth of the industry. In addition, with the growing deployment of RFID (Radio Frequency Identification) technology in asset monitoring in the industrial and commercial sectors, demand for Power over Ethernets in these sectors is increasing. Additionally, fast expanding adoption of connected devices is among the other factors expected to fuel the demand for Power over Ethernets in SAM.
Based on type, the power sourcing equipment segment is expected to be fastest growing segment during the forecast period for the SAM Power over Ethernet market. 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. They 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 and 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 badly impacted the SAM region. Brazil leads the region in terms of COVID-19 cases, followed by Colombia, Argentina, Peru, and others. The governments in South America has taken an array of actions to protect their citizens and contain the spread of COVID-19. Containment measures in countries of South America is expected to impact the economic activity in the manufacturing and service sectors, and ultimately affecting the power over Ethernet market in till the mid of 2021.
The overall SAM 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 SAM 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 SAM Power over Ethernet market. Broadcom Ltd.; Cisco Systems, Inc.; Dell Inc; Huawei Technologies Co., Ltd.; Monolithic Power Systems Inc.; ON Semiconductor Corporation; Silicon Laboratories Inc.; STMicroelectronics N.V.; Texas Instruments, Inc. are among the key players operating in the SAM Power over Ethernet market.