Lured by healthy growth prospects, many aspiring players – both at the regional and international level – are trying to gain a foothold in the global PoE injector market. This has led to a proliferation of products with different features and functionalities, which in turn, is proving beneficial for the market. This is also expected to intensify the competition in the PoJ injector market in the short run.
In order to grow in such a competitive PoE injector market, companies are expected to forge partnerships or take the mergers and acquisitions route. Bigger players would likely gobble up their smaller counterparts while others may fall by the wayside unable to compete on the basis of reliability, innovation, and quality, predicts a research study by Transparency Market Research (TMR). Prominent participants in the global market for PoE injector market are L-Com, Inc., Microsemi Corp., ICP DAS Co., Ltd., Sixnet Holding LLC, and N-TORN Corp.
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The TMR report on PoE injector projects it to attain a value of US$762.2 mn by 2022 from US$423.4 mn in 2017 by registering a solid CAGR of 12.5% from 2017 to 2022.
The two main types of PoE injectors available in the market are single-port midspan and multi-port midspan. Between the two, the multi-port midspan is predicted to contribute significantly to the market. By expanding at a healthy clip, the multi-port midspan PoE injector is expected to pull in revenue to the tune of US$513.8 mn by the end of 2022.
Regionally, the market for PoE injector has been segmented into Latin America, North America, Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa. Among them, Japan is the most lucrative market for PoE injector, which will likely surpass all other regions vis-à-vis growth rate to clock a CAGR of 12.8% over the course of the forecast period.
Time and Cost Savings Accorded by PoE Drive their Uptake
Power over Ethernet (PoE) is a technology that allows network cables to conduct electrical power. A number of unique perceived benefits of PoE injector is pushing up their demand in the market. At the forefront is the time and cost savings they bring about by doing away with the need of installing electrical power cables. “Network cables do not require a qualified electrician to install them, and can be located anywhere,” explains the lead analyst of the report.
Flexibility of PoE Injectors Lead to Their Uptake
PoE injectors accord flexibility too since they can be placed in any location. They can be used in outdoor environments and industrial-grade powered devices can be used for industrial environments. Another major benefit of PoE is the safety it provides since it is designed to protect network equipment from underpowering, overload, or incorrect installation. It is reliable too since the power comes from a central and universally compatible source, instead of a clutch of distributed wall adapters.
Because of the aforementioned advantages, PoE injectors are finding application in VoIP phones, IP cameras, and Wifi and Bluetooth access points, RFID readers, and IP sensors.
Potential application areas of PoE injectors are PoE lighting, IP intercoms, ATM machines, security card readers, vending machines, IP clocks, etc.