This report studies the POE market status and outlook of global and major regions, from angles of players, countries, product types and end industries, this report analyzes the top players in global POE industry, and splits by product type and applications/end industries. This report also includes the impact of COVID-19 on the POE industry.
The Power over Ethernet (POE) industry has emerged as a pivotal technology in recent years, providing a simplified and cost-effective solution for delivering power and data over Ethernet cables. POE allows devices such as IP cameras, wireless access points, and VoIP phones to be powered and connected through a single cable, eliminating the need for separate power supplies and reducing installation complexity.
According to a report by HJResearch, the global POE market is expected to reach a size of US$295.37 million by 2022, with a remarkable compound annual growth rate of 28.62%. This projection indicates the rising traction and adoption of POE in various industries, owing to its numerous advantages.
POE finds extensive use in multiple applications, most notably in General Purpose Thermoplastic Elastomers, Polymer Modification, Wire & Cable, and others. General Purpose Thermoplastic Elastomers benefit greatly from the use of POE, as it enhances their elasticity, flexibility, and impact resistance. In Polymer Modification, POE serves as an excellent additive that improves the properties of polymers, adding strength and durability. The Wire & Cable sector, on the other hand, leverages POE technology to streamline installations and minimize cable clutter, offering a more efficient and cost-effective solution.
In terms of industry status, the POE market is witnessing a growing demand due to its ability to simplify network deployments while reducing costs and eliminating the need for additional power sources. The flexibility of POE also allows for scalability and enables devices to be easily added or moved within a network without the hassle of rewiring. As a result, businesses across sectors are adopting POE to drive their network infrastructure, further propelling the industry's growth.
Leading global manufacturers are actively contributing to the development and expansion of the POE industry. Companies such as Dow, Mitsui Chemical, ExxonMobil Chemical, LG Chemical, and SABIC SK Nexlene Company (SSNC) are pioneering the production of high-quality POE components and solutions. These market players invest heavily in research and development to constantly innovate and optimize their offerings, meeting the evolving demands of the industry.
Looking ahead, the prospects of the POE industry seem highly promising. The increasing demand for smart devices, coupled with the rise in automation and Internet of Things (IoT) applications, will continue to drive the adoption of POE. Moreover, the shift towards energy-efficient and sustainable solutions aligns with the inherent advantages of POE, as it enables power-saving features and contributes to a greener footprint.
In conclusion, the POE industry has witnessed significant growth in recent years and is poised for further expansion. Its ability to simplify network installations, reduce costs, and enhance operational efficiency positions POE as a powerful technology across various industries. With the support of leading manufacturers and the escalating demand for smart and energy-efficient solutions, the POE market is expected to flourish in the coming years.
The SWOT analysis of the POE industry is as follows:
Strengths:
1. High demand: There is a growing demand for power over Ethernet (PoE) technology, especially in industries such as telecommunications, healthcare, and security.
2. Convenience and cost-efficiency: PoE allows for the integration of power and data transmission, eliminating the need for separate electrical wiring and reducing installation and maintenance costs.
3. Flexibility and scalability: PoE technology allows for easy installation and expansion of network devices without the need for additional power outlets.
4. Energy efficiency: PoE technology can reduce energy consumption by allowing devices to be powered down or put into sleep mode when not in use, thereby reducing overall power consumption.
5. Improved productivity: PoE enables the deployment of various network devices, such as IP phones and wireless access points, which can enhance communication and collaboration in the workplace.
Weaknesses:
1. Limited power capacity: PoE has certain limitations when it comes to delivering power to high-power devices or devices that require continuous high power.
2. Reliance on compatible devices: PoE requires compatible devices that can receive power over Ethernet cables. Not all devices in the market are PoE-compatible, which limits the potential benefits of this technology.
3. Distance limitations: The power transmission over Ethernet cables is limited by distance, typically up to 100 meters. This can be a constraint in larger deployments or where devices are located far apart.
Opportunities:
1. Growth in Internet of Things (IoT): As the IoT market continues to expand, there will be an increasing demand for PoE-enabled devices to power and connect a wide range of IoT devices.
2. Integration with renewable energy sources: PoE technology can be integrated with renewable energy sources, such as solar panels, to provide power for network devices, enhancing energy efficiency and sustainability.
3. Emerging technologies: The emergence of technologies such as Power over Ethernet Plus (PoE+) and Power over Ethernet lighting (PoE lighting) presents opportunities for further innovation and development in the PoE industry.
Threats:
1. Technological advancements: Rapid advancements in technology may make PoE obsolete or less relevant in the future, as new power delivery methods may emerge.
2. Limited adoption in certain industries: Some industries may not fully embrace or adopt PoE technology due to specific requirements or legacy infrastructure.
3. Security concerns: PoE devices are connected to the network, which can pose security risks if not properly secured. This includes the potential for unauthorized access or power overloads if not properly managed.
Key players in global POE market include:
Dow
Mitsui Chemical
ExxonMobil Chemical
LG Chemical
SABIC SK Nexlene Company (SSNC)
Market segmentation, by product types:
Injection Grade
General Grade
Extrusion Grade
Market segmentation, by applications:
General Purpose Thermoplastic Elastomers
Polymer Modification
Wire & Cable
Others
1 Industry Overview of POE
1.1 Research Scope
1.2 Market Segmentation by Types of POE
1.3 Market Segmentation by End Users of POE
1.4 Market Dynamics Analysis of POE
1.4.1 Market Drivers
1.4.2 Market Challenges
1.4.3 Market Opportunities
1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of POE Industry
2.1 Dow
2.1.1 Company Overview
2.1.2 Main Products and Specifications
2.1.3 POE Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.1.4 Contact Information
2.2 Mitsui Chemical
2.2.1 Company Overview
2.2.2 Main Products and Specifications
2.2.3 POE Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.2.4 Contact Information
2.3 ExxonMobil Chemical
2.3.1 Company Overview
2.3.2 Main Products and Specifications
2.3.3 POE Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.3.4 Contact Information
2.4 LG Chemical
2.4.1 Company Overview
2.4.2 Main Products and Specifications
2.4.3 POE Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.4.4 Contact Information
2.5 SABIC SK Nexlene Company (SSNC)
2.5.1 Company Overview
2.5.2 Main Products and Specifications
2.5.3 POE Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.5.4 Contact Information
3 Global POE Market Analysis by Regions, Manufacturers, Types and End Users
3.1 Global Sales Volume and Revenue of POE by Regions (2018-2023)
3.2 Global Sales Volume and Revenue of POE by Manufacturers (2018-2023)
3.3 Global Sales Volume and Revenue of POE by Types (2018-2023)
3.4 Global Sales Volume and Revenue of POE by End Users (2018-2023)
3.5 Selling Price Analysis of POE by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America POE Market Analysis by Countries, Types and End Users
4.1 Northern America POE Sales Volume and Revenue Analysis by Countries (2018-2023)
4.2 Northern America POE Sales Volume and Revenue Analysis by Types (2018-2023)
4.3 Northern America POE Sales Volume and Revenue Analysis by End Users (2018-2023)
4.4 United States POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
4.5 Canada POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe POE Market Analysis by Countries, Types and End Users
5.1 Europe POE Sales Volume and Revenue Analysis by Countries (2018-2023)
5.2 Europe POE Sales Volume and Revenue Analysis by Types (2018-2023)
5.3 Europe POE Sales Volume and Revenue Analysis by End Users (2018-2023)
5.4 Germany POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.5 France POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.6 UK POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.7 Italy POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.8 Russia POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.9 Spain POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.10 Netherlands POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific POE Market Analysis by Countries, Types and End Users
6.1 Asia Pacific POE Sales Volume and Revenue Analysis by Countries (2018-2023)
6.2 Asia Pacific POE Sales Volume and Revenue Analysis by Types (2018-2023)
6.3 Asia Pacific POE Sales Volume and Revenue Analysis by End Users (2018-2023)
6.4 China POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.5 Japan POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.6 Korea POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.7 India POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.8 Australia POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.9 Indonesia POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.10 Vietnam POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America POE Market Analysis by Countries, Types and End Users
7.1 Latin America POE Sales Volume and Revenue Analysis by Countries (2018-2023)
7.2 Latin America POE Sales Volume and Revenue Analysis by Types (2018-2023)
7.3 Latin America POE Sales Volume and Revenue Analysis by End Users (2018-2023)
7.4 Brazil POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.5 Mexico POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.6 Argentina POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.7 Colombia POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa POE Market Analysis by Countries, Types and End Users
8.1 Middle East & Africa POE Sales Volume and Revenue Analysis by Countries (2018-2023)
8.2 Middle East & Africa POE Sales Volume and Revenue Analysis by Types (2018-2023)
8.3 Middle East & Africa POE Sales Volume and Revenue Analysis by End Users (2018-2023)
8.4 Turkey POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.5 Saudi Arabia POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.6 South Africa POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.7 Egypt POE Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
9.1 Marketing Channel
9.1.1 Direct Channel
9.1.2 Indirect Channel
9.2 Distributors and Traders
10 Global POE Market Forecast by Regions, Countries, Manufacturers, Types and End Users
10.1 Global Sales Volume and Revenue Forecast of POE by Regions (2024-2029)
10.2 Global Sales Volume and Revenue Forecast of POE by Types (2024-2029)
10.3 Global Sales Volume and Revenue Forecast of POE by End Users (2024-2029)
10.4 Global Revenue Forecast of POE by Countries (2024-2029)
10.4.1 United States Revenue Forecast (2024-2029)
10.4.2 Canada Revenue Forecast (2024-2029)
10.4.3 Germany Revenue Forecast (2024-2029)
10.4.4 France Revenue Forecast (2024-2029)
10.4.5 UK Revenue Forecast (2024-2029)
10.4.6 Italy Revenue Forecast (2024-2029)
10.4.7 Russia Revenue Forecast (2024-2029)
10.4.8 Spain Revenue Forecast (2024-2029)
10.4.9 Netherlands Revenue Forecast (2024-2029)
10.4.10 China Revenue Forecast (2024-2029)
10.4.11 Japan Revenue Forecast (2024-2029)
10.4.12 Korea Revenue Forecast (2024-2029)
10.4.13 India Revenue Forecast (2024-2029)
10.4.14 Australia Revenue Forecast (2024-2029)
10.4.15 Indonesia Revenue Forecast (2024-2029)
10.4.16 Vietnam Revenue Forecast (2024-2029)
10.4.17 Brazil Revenue Forecast (2024-2029)
10.4.18 Mexico Revenue Forecast (2024-2029)
10.4.19 Argentina Revenue Forecast (2024-2029)
10.4.20 Colombia Revenue Forecast (2024-2029)
10.4.21 Turkey Revenue Forecast (2024-2029)
10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
10.4.23 South Africa Revenue Forecast (2024-2029)
10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of POE
11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of POE
11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of POE
11.1.2 Major Equipment Suppliers with Contact Information Analysis of POE
11.2 Downstream Major Consumers Analysis of POE
11.3 Major Suppliers of POE with Contact Information
11.4 Supply Chain Relationship Analysis of POE
12 POE New Project Investment Feasibility Analysis
12.1 POE New Project SWOT Analysis
12.2 POE New Project Investment Feasibility Analysis
12.2.1 Project Name
12.2.2 Investment Budget
12.2.3 Project Product Solutions
12.2.4 Project Schedule
13 POE Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.2 References and Data Sources
14.2.1 Primary Sources
14.2.2 Secondary Paid Sources
14.2.3 Secondary Public Sources
14.3 Abbreviations and Units of Measurement
14.4 Author Details
14.5 Disclaimer
Table Types of POE
Table End Users of POE
Figure Market Drivers Analysis of POE
Figure Market Challenges Analysis of POE
Figure Market Opportunities Analysis of POE
Table Market Drivers Analysis of POE
Table Dow Information List
Figure POE Picture and Specifications of Dow
Table POE Sales Volume, Price, Cost, Gross, Revenue (Million USD) and Gross Margin of Dow (2018-2023)
Figure POE Sales Volume and Global Market Share of Dow (2018-2023)
Table Mitsui Chemical Information List
Figure POE Picture and Specifications of Mitsui Chemical
Table POE Sales Volume, Price, Cost, Gross, Revenue (Million USD) and Gross Margin of Mitsui Chemical (2018-2023)
Figure POE Sales Volume and Global Market Share of Mitsui Chemical (2018-2023)
Table ExxonMobil Chemical Information List
Figure POE Picture and Specifications of ExxonMobil Chemical
Table POE Sales Volume, Price, Cost, Gross, Revenue (Million USD) and Gross Margin of ExxonMobil Chemical (2018-2023)
Figure POE Sales Volume and Global Market Share of ExxonMobil Chemical (2018-2023)
Table LG Chemical Information List
Figure POE Picture and Specifications of LG Chemical
Table POE Sales Volume, Price, Cost, Gross, Revenue (Million USD) and Gross Margin of LG Chemical (2018-2023)
Figure POE Sales Volume and Global Market Share of LG Chemical (2018-2023)
Table SABIC SK Nexlene Company (SSNC) Information List
Figure POE Picture and Specifications of SABIC SK Nexlene Company (SSNC)
Table POE Sales Volume, Price, Cost, Gross, Revenue (Million USD) and Gross Margin of SABIC SK Nexlene Company (SSNC) (2018-2023)
Figure POE Sales Volume and Global Market Share of SABIC SK Nexlene Company (SSNC) (2018-2023)
Table Global Sales Volume of POE by Regions (2018-2023)
Table Global Revenue (Million USD) of POE by Regions (2018-2023)
Table Global Sales Volume of POE by Manufacturers (2018-2023)
Table Global Revenue (Million USD) of POE by Manufacturers (2018-2023)
Table Global Sales Volume of POE by Types (2018-2023)
Table Global Revenue (Million USD) of POE by Types (2018-2023)
Table Global Sales Volume of POE by End Users (2018-2023)
Table Global Revenue (Million USD) of POE by End Users (2018-2023)
Table Selling Price Comparison of Global POE by Regions in (2018-2023)
Table Selling Price Comparison of Global POE by Manufacturers in (2018-2023)
Table Selling Price Comparison of Global POE by Types in (2018-2023)
Table Selling Price Comparison of Global POE by End Users in (2018-2023)
Table Northern America POE Sales Volume by Countries (2018-2023)
Table Northern America POE Revenue (Million USD) by Countries (2018-2023)
Table Northern America POE Sales Volume by Types (2018-2023)
Table Northern America POE Revenue (Million USD) by Types (2018-2023)
Table Northern America POE Sales Volume by End Users (2018-2023)
Table Northern America POE Revenue (Million USD) by End Users (2018-2023)
Table United States POE Import and Export (2018-2023)
Figure United States POE Sales Volume and Growth Rate (2018-2023)
Figure United States POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Canada POE Import and Export (2018-2023)
Figure Canada POE Sales Volume and Growth Rate (2018-2023)
Figure Canada POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Europe POE Sales Volume by Countries (2018-2023)
Table Europe POE Revenue (Million USD) by Countries (2018-2023)
Table Europe POE Sales Volume by Types (2018-2023)
Table Europe POE Revenue (Million USD) by Types (2018-2023)
Table Europe POE Sales Volume by End Users (2018-2023)
Table Europe POE Revenue (Million USD) by End Users (2018-2023)
Table Germany POE Import and Export (2018-2023)
Figure Germany POE Sales Volume and Growth Rate (2018-2023)
Figure Germany POE Revenue (Million USD) and Growth Rate (2018-2023)
Table France POE Import and Export (2018-2023)
Figure France POE Sales Volume and Growth Rate (2018-2023)
Figure France POE Revenue (Million USD) and Growth Rate (2018-2023)
Table UK POE Import and Export (2018-2023)
Figure UK POE Sales Volume and Growth Rate (2018-2023)
Figure UK POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Italy POE Import and Export (2018-2023)
Figure Italy POE Sales Volume and Growth Rate (2018-2023)
Figure Italy POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Russia POE Import and Export (2018-2023)
Figure Russia POE Sales Volume and Growth Rate (2018-2023)
Figure Russia POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Spain POE Import and Export (2018-2023)
Figure Spain POE Sales Volume and Growth Rate (2018-2023)
Figure Spain POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Netherlands POE Import and Export (2018-2023)
Figure Netherlands POE Sales Volume and Growth Rate (2018-2023)
Figure Netherlands POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Asia Pacific POE Sales Volume by Countries (2018-2023)
Table Asia Pacific POE Revenue (Million USD) by Countries (2018-2023)
Table Asia Pacific POE Sales Volume by Types (2018-2023)
Table Asia Pacific POE Revenue (Million USD) by Types (2018-2023)
Table Asia Pacific POE Sales Volume by End Users (2018-2023)
Table Asia Pacific POE Revenue (Million USD) by End Users (2018-2023)
Table China POE Import and Export (2018-2023)
Figure China POE Sales Volume and Growth Rate (2018-2023)
Figure China POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Japan POE Import and Export (2018-2023)
Figure Japan POE Sales Volume and Growth Rate (2018-2023)
Figure Japan POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Korea POE Import and Export (2018-2023)
Figure Korea POE Sales Volume and Growth Rate (2018-2023)
Figure Korea POE Revenue (Million USD) and Growth Rate (2018-2023)
Table India POE Import and Export (2018-2023)
Figure India POE Sales Volume and Growth Rate (2018-2023)
Figure India POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Australia POE Import and Export (2018-2023)
Figure Australia POE Sales Volume and Growth Rate (2018-2023)
Figure Australia POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Indonesia POE Import and Export (2018-2023)
Figure Indonesia POE Sales Volume and Growth Rate (2018-2023)
Figure Indonesia POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Vietnam POE Import and Export (2018-2023)
Figure Vietnam POE Sales Volume and Growth Rate (2018-2023)
Figure Vietnam POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Latin America POE Sales Volume by Countries (2018-2023)
Table Latin America POE Revenue (Million USD) by Countries (2018-2023)
Table Latin America POE Sales Volume by Types (2018-2023)
Table Latin America POE Revenue (Million USD) by Types (2018-2023)
Table Latin America POE Sales Volume by End Users (2018-2023)
Table Latin America POE Revenue (Million USD) by End Users (2018-2023)
Table Brazil POE Import and Export (2018-2023)
Figure Brazil POE Sales Volume and Growth Rate (2018-2023)
Figure Brazil POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Mexico POE Import and Export (2018-2023)
Figure Mexico POE Sales Volume and Growth Rate (2018-2023)
Figure Mexico POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Argentina POE Import and Export (2018-2023)
Figure Argentina POE Sales Volume and Growth Rate (2018-2023)
Figure Argentina POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Colombia POE Import and Export (2018-2023)
Figure Colombia POE Sales Volume and Growth Rate (2018-2023)
Figure Colombia POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Middle East & Africa POE Sales Volume by Countries (2018-2023)
Table Middle East & Africa POE Revenue (Million USD) by Countries (2018-2023)
Table Middle East & Africa POE Sales Volume by Types (2018-2023)
Table Middle East & Africa POE Revenue (Million USD) by Types (2018-2023)
Table Middle East & Africa POE Sales Volume by End Users (2018-2023)
Table Middle East & Africa POE Revenue (Million USD) by End Users (2018-2023)
Table Turkey POE Import and Export (2018-2023)
Figure Turkey POE Sales Volume and Growth Rate (2018-2023)
Figure Turkey POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Saudi Arabia POE Import and Export (2018-2023)
Figure Saudi Arabia POE Sales Volume and Growth Rate (2018-2023)
Figure Saudi Arabia POE Revenue (Million USD) and Growth Rate (2018-2023)
Table South Africa POE Import and Export (2018-2023)
Figure South Africa POE Sales Volume and Growth Rate (2018-2023)
Figure South Africa POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Egypt POE Import and Export (2018-2023)
Figure Egypt POE Sales Volume and Growth Rate (2018-2023)
Figure Egypt POE Revenue (Million USD) and Growth Rate (2018-2023)
Table Global Sales Volume Forecast of POE by Regions (2024-2029)
Table Global Revenue (Million USD) Forecast of POE by Regions (2024-2029)
Table Global Sales Volume Forecast of POE by Types (2024-2029)
Table Global Revenue (Million USD) Forecast of POE by Types (2024-2029)
Table Global Sales Volume Forecast of POE by End Users (2024-2029)
Table Global Revenue (Million USD) Forecast of POE by End Users (2024-2029)
Table Major Raw Materials Suppliers with Contact Information of POE
Table Major Equipment Suppliers with Contact Information of POE
Table Major Consumers with Contact Information of POE
Table Major Suppliers of POE with Contact Information
Figure Supply Chain Relationship Analysis of POE
Table New Project SWOT Analysis of POE
Table Project Appraisal and Financing
Table New Project Construction Period
Table New Project Investment Feasibility Analysis of POE
Table Research Programs/Design for This Report
Table Key Data Information from Primary Sources
Table Key Data Information from Secondary Sources
Table Part of Interviewees Record List of POE Industry
Table Part of References List of POE Industry
Table Units of Measurement List
Table Part of Author Details List of POE Industry
HJResearch employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. At HJResearch, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the POE industry. Critical elements of methodology employed for all our studies include:
Secondary Sources:
The research team first works with national bureau of statistics, national customs, market research association, state information center, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Secondary sources are mainly from press releases, company reports and publications, non-profit organizations, industry associations, government publications, economic and demographic data and customs data. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Primary Research:
In the primary research process, for comprehensive understanding of the POE market, it is essential to understand the complete value chain and in order to facilitate this, we collect data from POE manufacturers, POE raw material suppliers, POE distributors as well as buyers. The primary sources from the supply side include POE manufacturers, opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the POE raw materials suppliers and producers, etc. The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users, and related key executives from various key companies and organizations operating in the global market.
Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered.
Statistical Model and Data Analysis:
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise. Qualitative analysis includes: POE industry landscape and trends, POE market dynamics and key issues, POE technology landscape, market opportunities, porter’s analysis and PESTEL analysis, POE competitive landscape and component benchmarking, policy and regulatory scenario. Quantitative analysis includes: POE market size and forecast by regions, POE market size and forecast by application, POE market size and forecast by types, POE company market share etc.
Quality Control:
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the HJResearch’s internal quality process.
