Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market, By Component {Light Emitting Diode, Photo Detector and Microcontroller), Transmission Type (Unidirectional Transmission and Bidirectional Transmission), Application (Smart Store, Street Light, Consumer Electronics, Defence and Security, Vehicle and Transportation, Aviation, Hospital, Underwater Communication, Hazardous Environment and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Free Space Optics (FSO) and Visible Light Communication (VLC) Market
Rising adoption of free space optics and visible light communication as a replacement to existing old technology will induce a significant rise in the free space optics (FSO) and visible light communication (VLC) market value. Data Bridge Market Research analyses that the free space optics (FSO) and visible light communication (VLC) market will exhibit a CAGR of 38.23% for the forecast period of 2021-2028.
Free space optics (FSO) is an optical technology that is used to transmit the data for telecommunication and computer networking wirelessly. This is done by using the light in free space where the free space could be anything like a vacuum, outer space, or air. Visible light communication (VLC) is a wireless data communications method that uses visible light between 400 and 800 THz. The technology is a subset of optical wireless communication technology and uses fluorescent lamps to transmit signals over short distances.
The rise and expansion of the healthcare sector and advancing underwater technologies have induced a rise in the free space optics (FSO) and visible light communication (VLC) market value. Rising demand for faster and secure mediums to exchange data or information has propelled the growth in demand for free-space optics (FSO) and visible light communication (VLC). The technologies being clean and green and consuming minimal energy has grabbed many eyeballs of the investors.
Deterioration in the signals as a result of government interference will hammer down the market growth rate. Rising fitting charges or high installation costs will also demean the free space optics (FSO) and visible light communication (VLC) market growth rate.
This free space optics (FSO) and visible light communication (VLC) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on process free space optics (FSO) and visible light communication (VLC) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market Scope and Market Size
The free space optics (FSO) and visible light communication (VLC) market is segmented on the basis of component, transmission type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of component, the free space optics (FSO) and visible light communication (VLC) market is segmented into light emitting diode, photo detector and microcontroller. Light emitting diode is further sub-segmented into phosphorus LEDs, red green blue (RGB) LEDs, resonant cavity LEDs (RCLEDs), organic LEDs (OLEDS), micro lens LEDs and near-infrared or ultraviolet LEDs. Photo detector is sub-segmented into photodiode and image sensor. Microcontroller is further sub-segmented into modulation, demodulation and software. Modulation is further bifurcated into pulse width modulation (PWM), pulse position modulation (PPM), variable pulse position modulation (VPPM), pulse amplitude modulation (PAM), colour shift keying (CSK), frequency shift keying (FSK), orthogonal frequency division multiplex (OFDM) and spatial modulation (SM). Demodulation is further bifurcated into diode detector and synchronous detector.
On the basis of transmission type, the free space optics (FSO) and visible light communication (VLC) market is segmented into unidirectional transmission and bidirectional transmission.
On the basis of application, the free space optics (FSO) and visible light communication (VLC) market is segmented into smart store, street light, consumer electronics, defence and security, vehicle and transportation, aviation, hospital, underwater communication, hazardous environment and others. Consumer electronics segment is sub-segmented into residential and commercial. Vehicle and transportation is sub-segmented into vehicle-to-vehicle communication, location-based service, intelligent transportation system. Intelligent transportation system is further bifurcated into advanced traffic management system, advanced traveller information system, vehicle-to-infrastructure communications and advanced public transportation system. Hospital is Sub-segmented into asset tracking, patient tracking and monitoring. Others segment is sub-segmented into museum, digital signage, hotel and casino and logistics.
Free Space Optics (FSO) and Visible Light Communication (VLC) Market Country Level Analysis
The free space optics (FSO) and visible light communication (VLC) market is analysed and market size, volume information is provided by country, component, transmission type and application as referenced above.
The countries covered in the free space optics (FSO) and visible light communication (VLC) market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America lions the free space optics (FSO) and visible light communication (VLC) market. This is because of the prevalence of strong telecom infrastructure. Also, rapid increased investment and capital to improve the technology involved will further propel the market growth. Asia-Pacific on the other hand will undergo the highest growth rate owing to the rise and expansion of various manufacturing outlets especially in the developing countries.
The country section of the free space optics (FSO) and visible light communication (VLC) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Free Space Optics (FSO) and Visible Light Communication (VLC) Market Share Analysis
The free space optics (FSO) and visible light communication (VLC) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the free space optics (FSO) and visible light communication (VLC) market.
The major players covered in the free space optics (FSO) and visible light communication (VLC) market report are LightPointe Communications, Inc., fSONA Systems Corp., Plaintree Systems Inc., Panasonic Corporation, General Electric, Oledcomm, Koninklijke Philips N.V., Wireless Excellence Limited, Signify Holding., Lucibel, pureLiFi, ACUITY BRANDS LIGHTING, INC., Fraunhofer HHI, Trimble Hungary Kft, Inc., IBSENtelecom, Qualcomm Technologies, Inc., Optelix Wireless, LVX SYSTEM, Supreme Architecture Inc., Lightbee and Outstanding Technology Co., Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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