Free Space Optics (FSO) and Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market with COVID-19 Impact Analysis by Component (LED, Photodetector, Microcontroller, Software), Transmission Type, Application, Geography - Global Forecast to 2025
[228 Pages Report] The overall FSO market is expected to grow from USD 402 million in 2020 to USD 1,977 million by 2025; it is expected to grow at a CAGR of 37.5% during 2020–2025. The overall VLC market is expected to grow from USD 6.3 billion in 2020 to USD 80.3 billion by 2025; it is expected to grow at a CAGR of 66.5% during 2020–2025. Key factors fueling the growth of this market include the alternative solution to overburdened RF technology for outdoor networking, last mile connectivity, faster and safer data transfer than other challenging technologies, and less energy consumption by LEDs. The demand for Li-Fi technology is increasing across the world to provide secure communications with high data bandwidth, and so on various applications such as healthcare, consumer electronics, defense, and commercial create a strong demand for FSO/Li-Fi for efficient industrial operations in the midst of COVID-19.
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Li-Fi is the optical wireless communication technology that would provide high-speed data communication for various applications such as healthcare monitoring, consumer electronics, retail, smart citi, and emergency communication system. The FSO and VLC are expected to address the growing demand for high-speed data communication. To provide high-speed data connectivity, Li-Fi technology is required. This technology includes lighting solutions, software-based solutions for network operations, and access points.
However, COVID-19 pandemic has hit the global economy severely. Its impact can be far-reaching and worse if not contained effectively. Several industries have been adversely impacted, and the telecommunication industry is not an exception. The developments in wireless network communications technologies due to an exponential rise in data traffic have resulted in huge investments in Li-Fi technology by network infrastructure providers. The COVID-19 outbreak will certainly delay the deployment of Li-Fi technology, thereby affecting every stakeholder in the supply chain.
Market Dynamics:
Driver: Faster and safer data transfer than other challenging technologies
VLC/Li-Fi technology is very efficient in terms of energy consumption. The VLC system consumes very low energy by using LEDs for the data transmission purpose. VLC technology is a greener, cleaner, and safer technology as it produces no hazardous emissions, unlike RF, and is also biologically safe. Moreover, Visible Light Communication technology is interference-free, which means it does not generate electromagnetic interference as is produced by RF systems. Therefore, it can be used in areas where RF wireless communications are not permitted, such as in hospitals, chemical plants, or on oil rigs or underwater. Thus, faster and safer data communication than other competing technologies is the major driving factor for the VLC technology.
Restraint: Applicable only for short-range communication applications and requirement of direct LoS
As the Visible Light Communication technology depends on light, its major drawback is that the light cannot penetrate solid objects such as walls and wooden doors and windows. For the proper functioning of the technology, direct LoS is required, and the coverage of VLC systems is also very less. Thus, it can be observed that the technology is confined to close spaces. Though it could also mean privacy for the personal user, its use for large-scale delivery of data transmissions is questionable. However, despite its drawbacks, researchers all over the world are trying to further develop this new technology.
Opportunity: High emergence of new applications such as IoT and 5G
Li-Fi is a disruptive technology and can have an impact on many industries. Li-Fi can drive Industry 4.0 applications, provide light-as-a-service (LaaS) in the lighting industry, enable ITS, enhance road safety for semi-autonomous and autonomous cars, enable new ways of health monitoring of aging societies, create new cyber-secure wireless networks, offer new solutions to close the digital divide, and enable high-speed wireless connectivity in future data centers. Li-Fi will play an important role in connecting two major industries, i.e., the wireless communications industry and the lighting industry. In the next 5–10 years, Li-Fi will serve many applications and be an integral part of the emerging smart cities and Industry 4.0. Thus, VLC has huge potential to provide all the features and facilities, as well as assist in the fast commercialization of IoT and 5G technologies by being considered the potential access option for their applications.
Challenge: Lack of technological awareness
Till 2013, there were a limited number of companies active in the field of Visible Light Communication; however, with the growing interest in this field, the number of players is increasing gradually. This technology has not yet been promoted enough. There should be two-way communication between manufacturers and technology providers. However, as the technology is new and developments are still going on, players are not revealing what they are working on, which again creates a gap between manufacturers and consumers as they are not aware of the current status of the technology. This technological awareness is expected to grow as the technology is fully commercialized and enters the mainstream, which is expected by the end of 2020.
Software held the largest market share of Li-Fi market in 2019
The software is expected to account for the largest share of the Li-Fi market by 2025. Due to the commercialization of bidirectional VLC in late 2017, the demand for software solutions is projected to rise and support the uplink and downlink for two-way communications in various applications.
Mobile backhaul and consumer electronics held largest share of FSO and VLC market in 2019
The mobile backhaul application is expected to continue to account for the largest size of the FSO market. This is due to the increasing internet penetration and data traffic from mobile applications, including the Internet, video, and data services, which has grown tremendously with the proliferation of smartphones, tablets, and other wireless devices. The consumer electronnics application is expected to continue to account for the largest size of the Visible Light Communication market The increase in the number of mobile devices, robots, wearable solutions, and drones, implementation of smart homes, and a rise in the need for high-bandwidth communication are the key factors that are projected to drive the growth of the Visible Light Communication market. For upgraded secure and high-speed communication in indoor applications, the implementation of VLC technology is an ideal technology that is cost-effective and energy-efficient. Hence, this application is projected to record high demand for VLC systems during the forecast period.
APAC is expected to hold a significant share of FSO and VLC market by 2025.
APAC accounted for the largest share of the FSO and VLC market by 2025. The FSO and VLC market in APAC is expected to grow at the highest CAGR during the forecast period. Increasing manufacturing facilities, advanced infrastructure, and the growing computer-aided design (CAD) industry are the factors driving the FSO market in APAC. Also, with the recent developments and increased expenditure on VLC-related R&D activities, the APAC region is expected to be the fastest-growing market for VLC during the forecast period. Similarly, end-user industries such as automotive, aerospace & defense, and consumer electronics are expected to create huge opportunities for VLC or Li-Fi solution providers.
Key market players
fSONA Networks Corp. (Canada), Wireless Excellence Limited (UK), Signify Holding (Netherlands), Oledcomm (France), Lucibel (France), pureLiFi Limited (UK), Acuity Brands (US), Panasonic Corporation (Japan), Fraunhofer HHI (Germany), and Trimble Hungary (Hungry) are a few major companies in the FSO and VLC market. Organic growth strategies, such as product launches and developments, is a focus of many of the companies mentioned above.
Prominent players have adopted product launches and developments, followed by partnerships and acqusistions as the key business strategy to expand their share in the FSO and VLC market. For instance, in September 2020, Fraunhofer HHI (Germany) launched a new LiFi Software Suite for the simulation of networked LiFi systems. This software suite is an innovative solution for the communications and lighting industries to accelerate the adoption of LiFi in practical applications.
Scope of the Report:
|
Report Metric |
Details |
|
Market size available for years |
2016–2025 |
|
Base year |
2019 |
|
Forecast period |
2020–2025 |
|
Forecast Unit |
Value (USD Million) |
|
Segments covered |
Transmission Type, Component, Application, and Region |
|
Geographic regions covered |
Americas, APAC, Europe, and RoW |
|
Companies covered |
fSONA Networks Corp. (Canada), Wireless Excellence Limited (UK), Signify Holding (Netherlands), Oledcomm (France), Lucibel (France), pureLiFi Limited (UK), Acuity Brands (US), Panasonic Corporation (Japan), Fraunhofer HHI (Germany), and Trimble Hungary (Hungry) |
This report categorizes the FSO and VLC market based on transmission type, component, application, and region.
By FSO Componenet
- Transmitter
- Reciever
- Modulator and Demodulator
By FSO Application
- Mobile Backhaul
- Enterprise Connectivity
- Disaster Recovery
- Defense
- Satellite
- Healthcare
- Security
- Engineering and Design
- Others (Redundant link, storage area network, last-mile access, and metropolitan area network)
By Transmission Type (VLC Market):
- Unidirectional
- Bidirectional
By Visible Light Communication Componenet
- LED
- Photodetector
- Microcontroller
- Software
By Visible Light Communication Application
- Smart Store
- Street Light
- Consumer Electronics
- Residential
- Commercial
- Defense and Security
- Vehicle and Transportation
- Vehicle-to-Vehicle (V2V) Communication
- Location-based Service (LBS)
- Intelligent Transportation System (ITS)
- Aviation
- Hospital
- Asset Tracking
- Patient Tracking
- Data Monitoring
- Underwater Communication
- Hazardous Environment
- Others
- Museum
- Digital Signage
- Hotel and Casino
- Logistics
By Geography (FSO and VLC)
- Americas
- Europe
- Asia Pacific (APAC)
- Rest of the World (RoW)
Major market developments
- In January 2020, Oledcomm (France) launched LiFiMAX1G under the LiFiMAX suite. LiFiMAX1G allows connectivity at 1Gbps upstream and 600 Mbps downstream at 1-5m distance for unmatched speed connectivity of IoTs and robots.
- In June 2019, pureLiFi (UK) entered into a partnership with a telecommunications company called O2 Telefonica (UK) and a lighting company Zumtobel Group (Austria) for using light within an access point installed in the ceiling to send large amounts of data at Gbps speeds to a laptop.
- In October 2019, Signify (Netherlands) and Vodafone Deutschland (Germany) joined forces to interconnect the two communication technologies 5G and LiFi, providing their customers with ultra-high-speed wireless broadband connectivity).
Frequently Asked Questions (FAQ):
Which are the major applications of Li-Fi? How huge is the opportunity for their growth in the next five years?
The major applications of Li-Fi include consumer electronics, defense and security, vehicle and transportation, aviation, hospital, underwater communication, and hazardous environment. These are expected to open new revenue pockets for the Li-Fi market, which will lead to market opportunity of USD 100.0 billion.
Which are the major companies in the Li-Fi market? What are their major strategies to strengthen their market presence?
Signify Holding (Netherlands), Oledcomm (France), Lucibel (France), pureLiFi Limited (UK), and Acuity Brands (US) are dominant players in the global Li-Fi market. Product launches is one of the key strategies adopted by these players. Apart from product launches and developments, these players extend their focus on partnerships, expansions, and acquisitions.
Which region is expected to witness significant demand for Li-Fi market in the coming years?
APAC is the highest growing region for this market. Most of the industrial manufacturing players present across the world have their headquarters in the APAC region. The increasing population is also expected to create opportunities for urbanization and industrailaization, which in turn will drive the market for Li-Fi.
What are the drivers and opportunities for theLi-Fimarket?
Faster and safer data transfer than other challenging technologies is a major driving factor for the Li-Fi market growth. Opportunities for the manufacturers in the Li-Fi market include growth in adoption of Li-Fi in various industries and high emergence of new applications such as IoT and 5G. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 28)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
FIGURE 1 FSO MARKET: SEGMENTATION
FIGURE 2 VISIBLE LIGHT COMMUNICATION MARKET: SEGMENTATION
1.3.1 YEARS CONSIDERED
1.4 CURRENCY
1.5 VOLUME UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 34)
2.1 RESEARCH DATA
FIGURE 3 FSO & VLC MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Key data from primary sources
2.1.2.3 Sampling techniques and data collection methods
2.1.2.4 Key industry insights
2.1.2.5 Breakdown of primaries
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
FIGURE 4 PROCESS FLOW OF MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Estimating market size by bottom-up approach (demand side)
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Estimating market size by top-down approach (supply side)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—REVENUE GENERATED FROM LI-FI / VLC SOLUTIONS AND SERVICES
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 9 STUDY ASSUMPTION
2.5 RISK ASSESSMENT
TABLE 1 LIMITATIONS & ASSOCIATE RISKS
3 EXECUTIVE SUMMARY (Page No. - 46)
3.1 REALISTIC SCENARIO
3.2 OPTIMISTIC SCENARIO
3.3 PESSIMISTIC SCENARIO
FIGURE 10 FREE SPACE OPTICS MARKET: GROWTH PROJECTION BY ADOPTING REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
FIGURE 11 VISIBLE LIGHT COMMUNICATION MARKET: GROWTH PROJECTION BY ADOPTING REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
FIGURE 12 FSO MARKET FOR HEALTHCARE APPLICATION ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE DURING THE FORECAST PERIOD
FIGURE 13 VLC MARKET SHARE IN TERMS OF VALUE, BY COMPONENT, 2020 VS. 2025
FIGURE 14 VLC/LI-FI MARKET FOR UNDERWATER COMMUNICATIONS APPLICATION TO GROW AT THE HIGHEST CAGR FROM 2020 TO 2025
FIGURE 15 FSO & VLC MARKET FOR APAC TO GROW AT THE HIGHEST RATE
4 PREMIUM INSIGHTS (Page No. - 53)
4.1 ATTRACTIVE OPPORTUNITIES IN THE FSO & VLC MARKET
FIGURE 16 GROWTH IN DEMAND FOR SPACE PROGRAMS WITH STRONG COMMUNICATIONS TO BOOST THE FSO MARKET GROWTH
FIGURE 17 EMERGENCE OF IOT AND 5G TECHNOLOGIES TO BOOST THE LI-FI MARKET GROWTH
4.2 VLC/LI-FI MARKET, BY TRANSMISSION TYPE
FIGURE 18 VISIBLE LIGHT COMMUNICATION MARKET FOR BIDIRECTIONAL TRANSMISSION TO GROW AT THE HIGHER CAGR FROM 2020 TO 2025
4.3 FSO & VISIBLE LIGHT COMMUNICATION MARKET, BY APPLICATION
FIGURE 19 MOBILE BACKHAUL AND SMART STORE APPLICATIONS ACCOUNTED FOR THE LARGEST MARKET SHARES IN THE FSO AND VLC MARKETS, RESPECTIVELY, IN 2019
4.4 FSO & VLC MARKET, BY REGION
FIGURE 20 FSO MARKET TO GROW AT THE HIGHEST CAGR IN APAC FROM 2020 TO 2025
FIGURE 21 VLC MARKET TO GROW AT THE HIGHEST CAGR IN APAC FROM 2020 TO 2025
5 MARKET OVERVIEW (Page No. - 56)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 22 IMPACT OF DRIVERS AND OPPORTUNITIES ON THE FSO & VLC MARKET
FIGURE 23 IMPACT OF CHALLENGES AND RESTRAINTS ON THE FSO & VLC MARKET
5.2.1 DRIVERS
5.2.1.1 Drivers for the FREE SPACE OPTICS market
5.2.1.1.1 Alternative solution to the overburdened RF technology for outdoor networking
5.2.1.1.2 Last Mile connectivity
5.2.1.2 Drivers for the VLC market
5.2.1.2.1 Faster and safer data transfer than other challenging technologies
5.2.1.2.2 Less energy consumption by LEDs
FIGURE 24 LED LIGHTING SALES IN THE SUSTAINABLE DEVELOPMENT SCENARIO, 2015–2030
5.2.2 RESTRAINTS
5.2.2.1 Restraints for the FSO market
5.2.2.1.1 High installation price for FSO solutions
5.2.2.2 Restraints for the VLC market
5.2.2.2.1 Applicable only for short-range communication applications and requirement of direct LoS
5.2.3 OPPORTUNITIES
5.2.3.1 Opportunities for the FSO market
5.2.3.1.1 Increase in adoption of FSO in place of RF communication
TABLE 2 RF VS. FSO FOR SPACE PROGRAMS
5.2.3.2 Opportunities for the VLC market
5.2.3.2.1 Growth in adoption of Li-Fi in various industries
5.2.3.2.2 High emergence of new applications such as IoT and 5G
FIGURE 25 WIRELESS NETWORK CONNECTIONS, BY TECHNOLOGY, 2018 VS. 2025
FIGURE 26 5G ADOPTION FORECAST, 2020–2025 (BILLION CONNECTIONS)
5.2.4 CHALLENGES
5.2.4.1 Challenges for the FSO Market
5.2.4.1.1 Reliability issues due to fading of signals during propagation
TABLE 3 POWER LOSS IN THE FSO SYSTEM DUE TO ENVIRONMENTAL INTERFERENCE
5.2.4.2 Challenges for the VLC market
5.2.4.2.1 Lack of technological awareness
5.3 VALUE CHAIN ANALYSIS
FIGURE 27 VALUE CHAIN ANALYSIS: MOST VALUE ADDED BY ORIGINAL EQUIPMENT MANUFACTURERS
5.4 TECHNOLOGY TRENDS
5.4.1 ADJACENT TECHNOLOGIES
5.4.1.1 Wi-Fi technology
TABLE 4 VLC VS. WI-FI
5.5 VLC/LI-FI CASE STUDIES
5.5.1 USING LI-FI FOR 5G AND BEYOND BY O2 TELEFONICA
5.5.2 ACUITY BRANDS CONNECT LI-FI TECHNOLOGY WITH RETAIL
5.5.3 KYLE ACADEMY, ONE OF THE FIRST INSTITUTES TO OFFER DISRUPTIVE TECHNOLOGY, LI-FI TO THEIR STUDENTS IN THE CLASSROOM
5.6 PATENT ANALYSIS
5.6.1 VLC/LI-FI: PATENT ANALYSIS
5.6.1.1 Patent registrations, 2015-2020
TABLE 5 SOME PATENT REGISTRATIONS, 2015-2020
5.6.1.2 Methodology
5.6.1.3 Document Type
TABLE 6 PATENTS FILED
FIGURE 28 PATENTS FILED BETWEEN 2015 & 2019
5.6.1.4 pureLiFi Limited
TABLE 7 LIST OF PATENTS BY PURELIFI LIMITED
5.7 TRADE ANALYSIS
5.7.1 EXPORT SCENARIO OF LED LAMPS
FIGURE 29 LED LAMPS EXPORT, BY KEY COUNTRY, 2017–2019 (USD MILLION)
5.7.2 IMPORT SCENARIO OF LED LAMPS
FIGURE 30 LED LAMPS IMPORT, BY KEY COUNTRY, 2017–2019 (USD MILLION)
5.8 REVENUE SHIFT & NEW REVENUE POCKETS FOR VLC/LI-FI MARKET
FIGURE 31 REVENUE SHIFT IN THE VLC/LI-FI MARKET
5.9 VLC/LI-FI ECOSYSTEM
FIGURE 32 FSO/VLC/LI-FI ECOSYSTEM
5.10 TARIFF AND REGULATIONS
5.10.1 TARIFFS
TABLE 8 MFN TARIFFS FOR LED LAMPS EXPORTED BY US
TABLE 9 MFN TARIFFS FOR LED LAMPS EXPORTED BY CHINA
5.10.2 NEGATIVE IMPACT OF TARIFFS ON LIGHTING PRODUCTS IN THE LI-FI MARKET
5.10.3 POSITIVE IMPACT OF TARIFFS ON LIGHTING PRODUCTS IN THE LI-FI MARKET
5.10.4 REGULATORY PLATFORM
5.10.5 STANDARDS
5.10.5.1 IEEE 802.15.7
5.10.5.2 IEEE 802.11
5.10.5.3 ITU G.9991
5.10.6 GOVERNMENT REGULATIONS
5.11 AVERAGE SELLING PRICE ANALYSIS
TABLE 10 AVERAGE SELLING PRICE OF FSO AND LI-FI SOLUTIONS FROM 2018 TO 2019
FIGURE 33 ASP TREND FOR LED BULBS
6 IMPACT OF COVID-19 ON THE FSO AND VLC MARKET (Page No. - 81)
FIGURE 34 GLOBAL PROPAGATION OF COVID-19
FIGURE 35 PRE- AND POST-COVID-19 SCENARIO OF THE FSO MARKET, 2017–2025 (USD MILLION)
FIGURE 36 PRE- AND POST-COVID-19 SCENARIO OF THE FREE SPACE OPTICS MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
FIGURE 37 PRE- AND POST-COVID-19 SCENARIO OF FREE SPACE OPTICS MARKET, BY REGION, 2017–2025 (USD MILLION)
FIGURE 38 PRE- AND POST-COVID-19 SCENARIO OF THE VLC MARKET, 2017–2025 (USD BILLION)
FIGURE 39 PRE- AND POST-COVID-19 SCENARIO OF THE VISIBLE LIGHT COMMUNICATION MARKET, BY APPLICATION, 2017–2025 (USD BILLION)
FIGURE 40 PRE- AND POST-COVID-19 SCENARIO OF THE VISIBLE LIGHT COMMUNICATION MARKET, BY REGION, 2017–2025 (USD BILLION)
7 FREE SPACE OPTICS (FSO) MARKET (Page No. - 86)
7.1 FSO MARKET, BY COMPONENT
7.1.1 INTRODUCTION
FIGURE 41 TRANSMITTER SEGMENT EXPECTED TO BE THE FASTEST-GROWING IN THE FSO MARKET DURING THE FORECAST PERIOD
TABLE 11 FSO MARKET, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 12 FSO MARKET, BY COMPONENT, 2020–2025 (USD MILLION)
7.1.2 TRANSMITTER
7.1.2.1 LEDs are mainly used as transmitters in FSO systems
7.1.3 RECEIVER
7.1.3.1 Photodetectors are used as receivers in FSO systems
7.1.4 MODULATOR AND DEMODULATOR
7.1.4.1 Modulators and demodulators are key for efficient communication in FSO systems
7.2 FSO MARKET, BY APPLICATION
7.2.1 INTRODUCTION
FIGURE 42 FREE SPACE OPTICS MARKET FOR HEALTHCARE APPLICATION EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD
TABLE 13 FREE SPACE OPTICS MARKET, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 14 FREE SPACE OPTICS MARKET, BY APPLICATION, 2020–2025 (USD MILLION)
7.2.2 MOBILE BACKHAUL
7.2.2.1 FSO solutions are used to cater to additional bandwidth requirements in mobile backhaul applications
TABLE 15 TECHNOLOGIES IN MOBILE BACKHAUL
TABLE 16 CAPACITY OF VARIOUS MOBILE BACKHAUL TECHNOLOGIES
TABLE 17 ADVANTAGES OF FSO AS MOBILE CARRIER BACKHAUL
TABLE 18 FREE SPACE OPTICS MARKET FOR MOBILE BACKHAUL APPLICATION, BY REGION, 2017–2019 (USD MILLION)
TABLE 19 FREE SPACE OPTICS MARKET FOR MOBILE BACKHAUL APPLICATION, BY REGION, 2020–2025 (USD MILLION)
7.2.3 ENTERPRISE CONNECTIVITY
7.2.3.1 High resistance to signal interception makes FSO highly suitable for enterprise connectivity applications
TABLE 20 FSO MARKET FOR ENTERPRISE CONNECTIVITY APPLICATION, BY REGION, 2017–2019 (USD MILLION)
TABLE 21 FSO MARKET FOR ENTERPRISE CONNECTIVITY APPLICATION, BY REGION, 2020–2025 (USD MILLION)
7.2.4 DISASTER RECOVERY
7.2.4.1 FSO technology is a suitable option for establishing quick communications in incident areas
TABLE 22 FREE SPACE OPTICS MARKET FOR DISASTER RECOVERY APPLICATION, BY REGION, 2017–2019 (USD MILLION)
TABLE 23 FREE SPACE OPTICS MARKET FOR DISASTER RECOVERY APPLICATION, BY REGION, 2020–2025 (USD MILLION)
7.2.5 DEFENSE
7.2.5.1 FSO links can help to achieve secure and reliable communication in defense applications
TABLE 24 FSO MARKET FOR DEFENSE APPLICATION, BY REGION, 2017–2019 (USD MILLION)
TABLE 25 FSO MARKET FOR DEFENSE APPLICATION, BY REGION, 2020–2025 (USD MILLION)
7.2.6 SATELLITE
7.2.6.1 Ability to transfer data in Gbps without using any licensed spectrum makes FSO ideal for satellite applications
TABLE 26 FREE SPACE OPTICS MARKET FOR SATELLITE APPLICATION, BY REGION,2017–2019 (USD MILLION)
TABLE 27 FREE SPACE OPTICS MARKET FOR SATELLITE APPLICATION, BY REGION, 2020–2025 (USD MILLION)
7.2.7 HEALTHCARE
7.2.7.1 Increasing trend of remote health monitoring supporting the deployment of FSO technology for facilitating high volume data transmission
FIGURE 43 FSO MARKET FOR HEALTHCARE APPLICATION IN EUROPE EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD
TABLE 28 FREE SPACE OPTICS MARKET FOR HEALTHCARE APPLICATION, BY REGION, 2017–2019 (USD MILLION)
TABLE 29 FREE SPACE OPTICS MARKET FOR HEALTHCARE APPLICATION, BY REGION, 2020–2025 (USD MILLION)
7.2.8 SECURITY
7.2.8.1 FSO technology is used for security applications to evade the threat of data interception
TABLE 30 FREE SPACE OPTICS MARKET FOR SECURITY APPLICATION, BY REGION, 2017–2019 (USD MILLION)
TABLE 31 FREE SPACE OPTICS MARKET FOR SECURITY APPLICATION, BY REGION, 2020–2025 (USD MILLION)
7.2.9 ENGINEERING AND DESIGN
7.2.9.1 Availability of simulation tools for FSO systems making them well suited for engineering and design applications
TABLE 32 FREE SPACE OPTICS MARKET FOR ENGINEERING & DESIGN APPLICATION, BY REGION, 2017–2019 (USD MILLION)
TABLE 33 FREE SPACE OPTICS MARKET FOR ENGINEERING & DESIGN APPLICATION, BY REGION, 2020–2025 (USD MILLION)
7.2.10 OTHERS
TABLE 34 FREE SPACE OPTICS MARKET FOR OTHER APPLICATIONS, BY REGION, 2017–2019 (USD MILLION)
TABLE 35 FREE SPACE OPTICS MARKET FOR OTHER APPLICATIONS, BY REGION, 2020–2025 (USD MILLION)
7.3 FSO MARKET, BY REGION
7.3.1 INTRODUCTION
FIGURE 44 GEOGRAPHIC SNAPSHOT: FSO MARKET
TABLE 36 FREE SPACE OPTICS MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 37 FREE SPACE OPTICS MARKET, BY REGION, 2020–2025 (USD MILLION)
7.3.2 AMERICAS
7.3.2.1 Government funding for the development of high-speed broadband infrastructure boosting market growth
FIGURE 45 AMERICAS: SNAPSHOT OF FSO MARKET
TABLE 38 FSO MARKET IN AMERICAS, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 39 FSO MARKET IN AMERICAS, BY APPLICATION, 2020–2025 (USD MILLION)
7.3.3 EUROPE
7.3.3.1 Presence of FSO solution providers propelling market growth
FIGURE 46 EUROPE: SNAPSHOT OF FSO MARKET
TABLE 40 FREE SPACE OPTICS MARKET IN EUROPE, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 41 FREE SPACE OPTICS MARKET IN EUROPE, BY APPLICATION, 2020–2025 (USD MILLION)
7.3.4 ASIA PACIFIC
7.3.4.1 Growing adoption of communication services and government initiatives to boost the market in APAC
FIGURE 47 APAC: SNAPSHOT OF FSO MARKET
TABLE 42 FREE SPACE OPTICS MARKET IN APAC, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 43 FREE SPACE OPTICS MARKET IN APAC, BY APPLICATION, 2020–2025 (USD MILLION)
7.3.5 REST OF THE WORLD
TABLE 44 FSO MARKET IN REST OF WORLD, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 45 FSO MARKET IN REST OF WORLD, BY APPLICATION, 2020–2025 (USD MILLION)
8 VISIBLE LIGHT COMMUNICATION (VLC) MARKET (Page No. - 113)
8.1 VLC MARKET, BY COMPONENT
8.1.1 INTRODUCTION
FIGURE 48 SOFTWARE TO BE THE FASTEST-GROWING COMPONENT IN THE VISIBLE LIGHT COMMUNICATION MARKET DURING THE FORECAST PERIOD
TABLE 46 VISIBLE LIGHT COMMUNICATION MARKET, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 47 VISIBLE LIGHT COMMUNICATION MARKET, BY COMPONENT, 2020–2025 (USD MILLION)
8.1.2 LIGHT EMITTING DIODE
8.1.2.1 As the light source is the base for VLC technology, LED plays an important role in the VLC component market
TABLE 48 COMPARISON BETWEEN LED, INCANDESCENT, AND FLUORESCENT LAMPS
8.1.2.2 Phosphorus LEDs
TABLE 49 CHARACTERISTICS OF PHOSPHORUS LED
8.1.2.3 Red, Green, and Blue (RGB) LEDs
TABLE 50 CHARACTERISTICS OF RGB LED
8.1.2.4 Resonant Cavity LEDs (RCLEDs)
TABLE 51 CHARACTERISTICS OF RCLED
8.1.2.5 Organic LEDs (OLEDs)
TABLE 52 CHARACTERISTICS OF OLEDS
8.1.2.6 Microlens LEDs
8.1.2.7 Near infrared or ultraviolet LEDs
TABLE 53 VISIBLE LIGHT COMMUNICATION MARKET FOR LED, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 54 VISIBLE LIGHT COMMUNICATION MARKET FOR LED, BY APPLICATION, 2020–2025 (USD MILLION)
FIGURE 49 LED SHIPMENTS IN VLC/LI-FI MARKET (MILLION UNITS)
8.1.3 PHOTODETECTOR
8.1.3.1 For modulating the intensity of light, photodetector plays an important role in VLC technology
8.1.3.2 Photodiode
8.1.3.3 Image sensor
TABLE 55 COMPARISON BETWEEN CCD AND CMOS SENSORS
TABLE 56 VLC MARKET FOR PHOTODETECTOR, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 57 VLC MARKET FOR PHOTODETECTOR, BY APPLICATION, 2020–2025 (USD MILLION)
8.1.4 MICROCONTROLLER
8.1.4.1 Microcontrollers are used in VLC technology to make data processing simpler
8.1.4.2 Modulator and demodulator
8.1.4.2.1 Modulation
8.1.4.2.1.1 Pulse Width Modulation (PWM)
8.1.4.2.1.2 Pulse Position Modulation (PPM)
8.1.4.2.1.3 Variable Pulse Position Modulation (VPPM)
8.1.4.2.1.4 Pulse Amplitude Modulation (PAM)
8.1.4.2.1.5 Color Shift Keying (CSK)
8.1.4.2.1.6 Frequency Shift Keying (FSK)
8.1.4.2.1.7 Orthogonal Frequency Division Multiplex (OFDM)
8.1.4.2.1.8 Spatial Modulation (SM)
8.1.4.2.2 Demodulation
8.1.4.2.2.1 Diode detector
8.1.4.2.2.2 Synchronous detector
TABLE 58 VISIBLE LIGHT COMMUNICATION MARKET FOR MICROCONTROLLER, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 59 VISIBLE LIGHT COMMUNICATION MARKET FOR MICROCONTROLLER, BY APPLICATION, 2020–2025 (USD MILLION)
8.1.5 SOFTWARE
TABLE 60 VLC MARKET FOR SOFTWARE, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 61 VLC MARKET FOR SOFTWARE, BY APPLICATION, 2020–2025 (USD MILLION)
8.2 VLC MARKET, BY TRANSMISSION TYPE
FIGURE 50 BIDIRECTIONAL TRANSMISSION TO REGISTER A HIGHER GROWTH RATE DURING THE FORECAST PERIOD
TABLE 62 VISIBLE LIGHT COMMUNICATION MARKET, BY TRANSMISSION TYPE, 2017–2019 (USD BILLION)
TABLE 63 VISIBLE LIGHT COMMUNICATION MARKET, BY TRANSMISSION TYPE, 2020–2025 (USD BILLION)
8.2.1 UNIDIRECTIONAL TRANSMISSION
8.2.2 BIDIRECTIONAL TRANSMISSION
8.3 VLC MARKET, BY APPLICATION
8.3.1 INTRODUCTION
FIGURE 51 UNDERWATER COMMUNICATIONS TO GROW AT THE HIGHEST RATE IN THE MARKET DURING THE FORECAST PERIOD
TABLE 64 VISIBLE LIGHT COMMUNICATION MARKET, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 65 VISIBLE LIGHT COMMUNICATION MARKET, BY APPLICATION, 2020–2025 (USD MILLION)
8.3.2 SMART STORES
8.3.2.1 To provide improved customer experience, the demand for VLC solutions is projected to grow significantly in smart stores
TABLE 66 VISIBLE LIGHT COMMUNICATION MARKET FOR SMART STORE, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 67 VISIBLE LIGHT COMMUNICATION MARKET FOR SMART STORE, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 68 VISIBLE LIGHT COMMUNICATION MARKET FOR SMART STORE, BY REGION, 2017–2019 (USD MILLION)
TABLE 69 VLC MARKET FOR SMART STORE, BY REGION, 2020–2025 (USD MILLION)
8.3.3 STREETLIGHT
8.3.3.1 Increase in the adoption of LEDs and government projects related to streetlights driving the market growth for VLC technology
TABLE 70 VLC MARKET FOR STREETLIGHT, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 71 VISIBLE LIGHT COMMUNICATION MARKET FOR STREETLIGHT, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 72 VISIBLE LIGHT COMMUNICATION MARKET FOR STREETLIGHT, BY REGION, 2017–2019 (USD MILLION)
TABLE 73 VISIBLE LIGHT COMMUNICATION MARKET FOR STREETLIGHT, BY REGION, 2020–2025 (USD MILLION)
8.3.4 CONSUMER ELECTRONICS
8.3.4.1 Increase in demand for consumer electronics and mobile subscribers to drive the market growth for VLC technology
TABLE 74 VLC MARKET FOR CONSUMER ELECTRONICS, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 75 VISIBLE LIGHT COMMUNICATION MARKET FOR CONSUMER ELECTRONICS, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 76 VISIBLE LIGHT COMMUNICATION MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2017–2019 (USD MILLION)
TABLE 77 VLC MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2020–2025 (USD MILLION)
FIGURE 52 VISIBLE LIGHT COMMUNICATION MARKET FOR RESIDENTIAL TO GROW AT THE FASTEST RATE DURING THE FORECAST PERIOD
TABLE 78 VISIBLE LIGHT COMMUNICATION MARKET FOR CONSUMER ELECTRONICS, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 79 VISIBLE LIGHT COMMUNICATION MARKET FOR CONSUMER ELECTRONICS, BY APPLICATION, 2020–2025 (USD MILLION)
8.3.4.2 Residential
8.3.4.3 Commercial
8.3.5 DEFENSE AND SECURITY
8.3.5.1 Need for secure and reliable communication to drive the demand for VLC links in the defense sector
TABLE 80 VLC MARKET FOR DEFENSE & SECURITY, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 81 VISIBLE LIGHT COMMUNICATION MARKET FOR DEFENSE & SECURITY, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 82 VISIBLE LIGHT COMMUNICATIONMARKET FOR DEFENSE & SECURITY, BY REGION, 2017–2019 (USD MILLION)
TABLE 83 VISIBLE LIGHT COMMUNICATION MARKET FOR DEFENSE & SECURITY, BY REGION, 2020–2025 (USD MILLION)
8.3.6 VEHICLE & TRANSPORTATION
8.3.6.1 Using optical solutions for reliable two-way connectivity with high-speed to encourage a high adoption of VLC solutions
TABLE 84 VLC MARKET FOR VEHICLE & TRANSPORTATION, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 85 VISIBLE LIGHT COMMUNICATION MARKET FOR VEHICLE & TRANSPORTATION, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 86 VISIBLE LIGHT COMMUNICATION MARKET FOR VEHICLE & TRANSPORTATION, BY REGION, 2017–2019 (USD MILLION)
TABLE 87 VISIBLE LIGHT COMMUNICATION MARKET FOR VEHICLE & TRANSPORTATION, BY REGION, 2020–2025 (USD MILLION)
FIGURE 53 VEHICLE-TO-VEHICLE COMMUNICATION TO LEAD THE VLC MARKET FOR VEHICLE & TRANSPORTATION DURING THE FORECAST PERIOD
TABLE 88 VLC MARKET FOR VEHICLE & TRANSPORTATION, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 89 VISIBLE LIGHT COMMUNICATION MARKET FOR VEHICLE & TRANSPORTATION, BY APPLICATION, 2020–2025 (USD MILLION)
8.3.6.2 Vehicle-to-vehicle communication
8.3.6.3 Location-based service
TABLE 90 COMPARISON OF POSITION DETECTION WITH VARIOUS TECHNOLOGIES
8.3.6.4 Intelligent transportation system
8.3.6.4.1 Advanced traffic management system
8.3.6.4.2 Advanced traveler information system
8.3.6.4.3 Vehicle-to-infrastructure communications
8.3.6.4.4 Advanced public transportation system
8.3.7 AVIATION
8.3.7.1 To provide radiation-free communication in aircraft, VLC is an ideal solution for the aviation industry
TABLE 91 VLC MARKET FOR AVIATION, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 92 VISIBLE LIGHT COMMUNICATION MARKET FOR AVIATION, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 93 VISIBLE LIGHT COMMUNICATION MARKET FOR AVIATION, BY REGION, 2017–2019 (USD MILLION)
TABLE 94 VISIBLE LIGHT COMMUNICATION MARKET FOR AVIATION, BY REGION, 2020–2025 (USD MILLION)
8.3.8 HOSPITAL
8.3.8.1 Increase in the use of e-healthcare solutions to encourage the use of VLC technology
TABLE 95 VLC MARKET FOR HOSPITAL, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 96 VISIBLE LIGHT COMMUNICATION MARKET FOR HOSPITAL, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 97 VISIBLE LIGHT COMMUNICATION MARKET FOR HOSPITAL, BY REGION, 2017–2019 (USD MILLION)
TABLE 98 VISIBLE LIGHT COMMUNICATION MARKET FOR HOSPITAL, BY REGION, 2020–2025 (USD MILLION)
FIGURE 54 ASSET TRACKING SEGMENT IN THE VLC MARKET TO RECORD THE HIGHEST GROWTH RATE DURING FORECAST PERIOD
TABLE 99 VISIBLE LIGHT COMMUNICATION MARKET FOR HOSPITAL, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 100 VISIBLE LIGHT COMMUNICATION MARKET FOR HOSPITAL, BY APPLICATION, 2020–2025 (USD MILLION)
8.3.8.2 Asset tracking
8.3.8.3 Patient tracking
8.3.8.4 Data Monitoring
8.3.9 UNDERWATER COMMUNICATION
8.3.9.1 High demand for high-speed data rate in engineering and design applications
TABLE 101 VLC MARKET FOR UNDERWATER COMMUNICATION, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 102 VISIBLE LIGHT COMMUNICATION MARKET FOR UNDERWATER COMMUNICATION, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 103 VLC MARKET FOR UNDERWATER COMMUNICATION, BY REGION, 2017–2019 (USD MILLION)
TABLE 104 VISIBLE LIGHT COMMUNICATIONMARKET FOR UNDERWATER COMMUNICATION, BY REGION, 2020–2025 (USD MILLION)
8.3.10 HAZARDOUS ENVIRONMENT
TABLE 105 VLC MARKET FOR HAZARDOUS ENVIRONMENT, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 106 VISIBLE LIGHT COMMUNICATION MARKET FOR HAZARDOUS ENVIRONMENT, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 107 VISIBLE LIGHT COMMUNICATION MARKET FOR HAZARDOUS ENVIRONMENT, BY REGION, 2017–2019 (USD MILLION)
TABLE 108 VISIBLE LIGHT COMMUNICATION MARKET FOR HAZARDOUS ENVIRONMENT, BY REGION, 2020–2025 (USD MILLION)
8.3.11 OTHERS
TABLE 109 VLC MARKET FOR OTHERS, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 110 VISIBLE LIGHT COMMUNICATION MARKET FOR OTHERS, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 111 VISIBLE LIGHT COMMUNICATION MARKET FOR OTHERS, BY REGION, 2017–2019 (USD MILLION)
TABLE 112 VISIBLE LIGHT COMMUNICATION MARKET FOR OTHERS, BY REGION, 2020–2025 (USD MILLION)
FIGURE 55 DIGITAL SIGNAGE TO GROW AT THE HIGHEST RATE IN THE MARKET BETWEEN 2020 AND 2025
TABLE 113 VLC MARKET FOR OTHERS, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 114 VLC MARKET FOR OTHERS, BY APPLICATION, 2020–2025 (USD MILLION)
8.3.11.1 Museum
8.3.11.2 Digital Signage
8.3.11.3 Hotel & Casino
8.3.11.4 Logistics
8.4 VLC MARKET, BY REGION
8.4.1 INTRODUCTION
FIGURE 56 GEOGRAPHIC SNAPSHOT: VLC MARKET
TABLE 115 VISIBLE LIGHT COMMUNICATIONMARKET, BY REGION, 2017–2019 (USD BILLION)
TABLE 116 VISIBLE LIGHT COMMUNICATION MARKET, BY REGION, 2020–2025 (USD BILLION)
8.4.2 AMERICAS
8.4.2.1 Increase in demand for data communications to drive the market growth of VLC technology
FIGURE 57 AMERICAS: SNAPSHOT OF VLC MARKET
TABLE 117 VLC MARKET IN AMERICAS, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 118 VISIBLE LIGHT COMMUNICATION MARKET IN AMERICAS, BY APPLICATION, 2020–2025 (USD MILLION)
8.4.3 EUROPE
8.4.3.1 High presence of VLC technology providers to drive the growth of the market in the European region
FIGURE 58 EUROPE: SNAPSHOT OF VISIBLE LIGHT COMMUNICATION MARKET
TABLE 119 VLC MARKET IN EUROPE, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 120 VISIBLE LIGHT COMMUNICATION MARKET IN EUROPE, BY APPLICATION, 2020–2025 (USD MILLION)
8.4.4 ASIA PACIFIC
8.4.4.1 High demand for advanced technologies, such as IoT and 5G, to drive the growth of the VLC market in APAC
FIGURE 59 APAC: SNAPSHOT OF VLC MARKET
TABLE 121 VISIBLE LIGHT COMMUNICATION MARKET IN APAC, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 122 VLC MARKET IN APAC, BY APPLICATION, 2020–2025 (USD MILLION)
8.4.5 REST OF THE WORLD
8.4.5.1 Companies are researching on 5G technologies for smart residential applications that drive the demand for VLC solutions in 5G networks
TABLE 123 VISIBLE LIGHT COMMUNICATION MARKET IN REST OF WORLD, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 124 VISIBLE LIGHT COMMUNICATION MARKET IN REST OF WORLD, BY APPLICATION, 2020–2025 (USD MILLION)
9 COMPETITIVE LANDSCAPE (Page No. - 170)
9.1 INTRODUCTION
FIGURE 60 IN THE VISIBLE LIGHT COMMUNICATION MARKET, COMPANIES ADOPTED PRODUCT LAUNCHES AS A KEY GROWTH STRATEGY FROM 2017 TO 2020
9.2 MARKET EVALUATION FRAMEWORK
9.2.1 MARKET EVALUATION FRAMEWORK FOR VLC
TABLE 125 OVERVIEW OF STRATEGIES DEPLOYED BY KEY VLC OEMS
9.2.2 PRODUCT PORTFOLIO
9.2.3 REGIONAL FOCUS
9.2.4 MANUFACTURING FOOTPRINT
9.2.5 ORGANIC/INORGANIC PLAY
9.2.6 MARKET EVALUATION FRAMEWORK FOR FSO
TABLE 126 OVERVIEW OF STRATEGIES DEPLOYED BY KEY FSO OEMS
9.2.7 PRODUCT PORTFOLIO
9.2.8 REGIONAL FOCUS
9.2.9 MANUFACTURING FOOTPRINT
9.2.10 ORGANIC/INORGANIC PLAY
9.3 MARKET PLAYER RANKING AND SHARE ANALYSIS IN VISIBLE LIGHT COMMUNICATION MARKET
FIGURE 61 SIGNIFY HOLDINGS LED THE VLC MARKET IN 2019
9.3.1 MARKET SHARE
FIGURE 62 SHARE OF LEADING COMPANIES IN THE VISIBLE LIGHT COMMUNICATION MARKET, 2019
FIGURE 63 SHARE OF LEADING COMPANIES IN THE FSO MARKET, 2019
9.3.2 REVENUE ANALYSIS OF TOP MARKET PLAYERS
FIGURE 64 REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2015-2019
9.4 COMPANY EVALUATION MATRIX
9.4.1 STAR
9.4.2 PERVASIVE
9.4.3 PARTICIPANTS
9.4.4 EMERGING LEADERS
FIGURE 65 FSO & VLC/LI-FI MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2019
9.5 STRENGTH OF PRODUCT PORTFOLIO (25 COMPANIES)
FIGURE 66 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN FSO AND VLC MARKET
9.6 START-UP/SME EVALUATION MATRIX, 2019
9.6.1 PROGRESSIVE COMPANIES
9.6.2 RESPONSIVE COMPANIES
9.6.3 DYNAMIC COMPANIES
9.6.4 STARTING BLOCKS
FIGURE 67 VLC/LI-FI MARKET: START-UP/SME EVALUATION MATRIX, 2019
9.7 COMPETITIVE SITUATIONS & TRENDS
9.7.1 PRODUCT LAUNCHES
TABLE 127 PRODUCT LAUNCHES (2017–2020)
9.7.2 ACQUISITIONS AND PARTNERSHIPS
TABLE 128 ACQUISITIONS AND PARTNERSHIPS (2017–2020)
9.7.3 COLLABORATIONS, CONTRACTS, & JOINT VENTURES
TABLE 129 COLLABORATIONS, CONTRACTS, & JOINT VENTURES (2017–2020)
10 COMPANY PROFILES (Page No. - 187)
(Business Overview, Products Offered, COVID-19-related Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, Weakness and Competitive Threats))*
10.1 KEY PLAYERS
10.1.1 FSONA NETWORKS CORP.
10.1.2 WIRELESS EXCELLENCE LIMITED
10.1.3 SIGNIFY HOLDING (FORMERLY PHILIPS LIGHTING)
FIGURE 68 SIGNIFY HOLDING: COMPANY SNAPSHOT
10.1.4 OLEDCOMM
10.1.5 LUCIBEL
FIGURE 69 LUCIBEL: COMPANY SNAPSHOT
10.1.6 PURELIFI LIMITED
10.1.7 ACUITY BRANDS
FIGURE 70 ACUITY BRANDS: COMPANY SNAPSHOT
10.1.8 PANASONIC CORPORATION
FIGURE 71 PANASONIC CORPORATION: COMPANY SNAPSHOT
10.1.9 FRAUNHOFER HHI
10.1.10 TRIMBLE HUNGARY LTD.
10.2 RIGHT TO WIN (VLC MARKET)
10.3 OTHER COMPANIES
10.3.1 JSC MOSTCOM (ARTOLINK)
10.3.2 LVX SYSTEM
10.3.3 IBSENTELECOM
10.3.4 LIGHTBEE
10.3.5 VELMENNI OÜ
10.3.6 VLNCOMM
10.3.7 IRNAS D.O.O.
10.3.8 NEXTLIFI
10.3.9 FIREFLY WIRELESS NETWORKS
10.3.10 INFINITY TECHNOLOGY SERVICES LIMITED
*Details on Business Overview, Products Offered, COVID-19-related Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, Weakness and Competitive Threats) might not be captured in case of unlisted companies.
11 APPENDIX (Page No. - 222)
11.1 DISCUSSION GUIDE
11.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
11.3 AVAILABLE CUSTOMIZATIONS
11.4 RELATED REPORTS
11.5 AUTHOR DETAILS
The study involved four major activities in estimating the size of the FSO and VLC market. Exhaustive secondary research has been done to collect information on the market, the peer market, and the parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.
Secondary Research
The research methodology used to estimate and forecast the FSO and VLC market begins with capturing data on revenues of key vendors in the market through secondary research. This study incorporates extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource) to identify and collect information useful for a technical, market-oriented, and commercial study of the FSO and VLC market. Vendor offerings have also been taken into consideration to determine market segmentation. The entire research methodology includes studying annual reports, press releases, and investor presentations of companies; white papers; and certified publications and articles from recognized authors, directories, and databases.
Primary Research
The FSO and VLC market comprises several stakeholders, such as suppliers of lighting solutions and networking software. The demand side of this market is characterized by various applications for telecommunication. The supply side is characterized by advancements in types of FSO and VLC technologies. Various primary sources from both the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the size of the FSO and VLC market and its subsegments. The research methodology used to estimate the market size includes the following:
- Key players in the market have been identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size—using the estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends in both the demand and supply sides of the FSO and VLC market.
Research Objective
- To define, describe, and forecast the free space optics (FSO) market, in terms of value, segmented into component, application, and region
- To define, describe, and forecast the visible light communication (VLC) market, in terms of value, segmented into component, transmission type, application, and region
- To forecast the market size, in terms of value, for various segments with regard to 4 main regions—the Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors influencing the growth of the FSO and VLC market (drivers, restraints, opportunities, and challenges)
- To analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
- To provide a detailed overview of the value chain of FSO and VLC solutions
- To analyze the opportunities in the market for various stakeholders by identifying the high-growth segments of the market
- To profile the key players and comprehensively analyze their market position in terms of ranking and core competencies2, along with detailing the competitive landscape of the market
- To analyze competitive developments such as partnerships, collaborations, acquisitions, product developments, expansions, and R&D activities in the FSO and VLC market
Available Customizations
Along with the market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Critical Questions
- What new application areas are FSO and VLC providers exploring?
- Who are the key market players, and how intense is the competition?
- Which applications and geographies would be the biggest markets for FSO and VLC?
Get in-depth analysis of the COVID-19 impact on the Free Space Optics (FSO) and Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market
Benchmarking the rapid strategy shifts of the Top 100 companies in the Free Space Optics (FSO) and Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market
Request For Special Pricing
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Free Space Optics (FSO) and Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Free Space Optics (FSO) and Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market
I would like to get some information of the FSO market breakdown by applications.
I need this catalogue: VISIBLE LIGHT COMMUNICATION (VLC)/Li-Fi TECHNOLOGY & FREE SPACE OPTICS (FSO) MARKET (2013 – 2018).
I want more information about consumer electronics application of FSO market report.
Do you provide only the information related to applications of FSO market?
Does this FSO report include data by the country? I have seen some report aggregator/reseller has similar report for different regions by country. But I prefer to buy from the original publisher. Also, the number of companies included seems to be a subset in the market (as compared and mentioned by those other reports). Is this the most up to date version?
Want to learn about the global FSO market. Particularly, who are the key players? How much are they charging? Where is the max opportunity?
I am interested in the report: Free Space Optics (FSO) and Visible Light Communication (Li Fi) Market by Component, Application (Smart Store, Consumer Electronics, Defense, Transportation, Aviation, Hospital, Underwater, and Hazardous Environment), and by Geography - Global forecast
We would be interested in the Global report of FSO added by in depth study in Asia & India Market. I am and individual (Senior Citizen) doing Free Social Service in the Education sector and humbly request you to offer me the best commercial terms for my perusal. Your kind co-operation in the matter shall be highly appreciated. Awaiting your early reply per return and oblige.
I am a young online marketer and happen to be curious about Life. Do you have some cheaper option for learning more about Life? ($4k is way above my budget)
I am writing a news article about LIFI. Can you share the VLC market research report please ? Do you update it yearly ?
We need to make a network using FSO in some desert area for new investments.
I want a more detailed explanation as to what have you added in the component section.
We are interested in the following: Visible Light Communication (VLC) Market by Component, Application (Smart Store, Consumer Electronics, Defense, Transportation, Aviation, Hospital, Underwater, and Hazardous Environment), and by Geography - Global forecast to 2020
I would like to get access to the FSO & VLC report because I am writing a report about VLC for studies.
VLC Communication in USA & France. Want to know the list of companies profiled specifically for US & France Market.
We are researching on VLC from 2004 and we have created a spin-off company working on wireless optics.
My final year seminar topic is based on Li-Fi Technology and thinking of doing project on this topic. Can you please provide free sample of report?
I am interested in the below mentioned report: Visible Light Communication (VLC)/Light Fidelity (Li-Fi) & Free Space Optics (FSO) Market by Component, Applications (Terrestrial, Mobile, & Satellite for FSO & Communication, Automotive, Healthcare, Aerospace, & Underwater for VLC/Li-Fi), & Geography - Analysis & Forecast to 2014 - 2020
Seeking to obtain as much information as possible on Light fidelity, home automation, and Visible Light Communications; along with any other related information.
I am interested in the following sections of the report Visible light communication, wavelength dividing multiplexing, interference rejection, algorithm development.
My interest is in the FSO Communications market outlook. Any/all information focused around this would be great.