Press release
Global Light Fidelity (Li-Fi) Market (2018-2025)-GMI Research
Global Light Fidelity (Li-Fi) Market (2018-2025)-GMI Research
Light Fidelity (Li-Fi) or Visible Light Communication (VLC) is a wireless communication technology which is used to transfer data at a very high speed over visible light spectrum, ultraviolet and infrared radiation. LiFi system comprises of different components, such as Light Emitting Diode (LED), Microcontroller and Photodetector. Light act as a main source for high-speed data transmission by triggering the conversion of light waves into electric signal through photodetector.
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The growing demand for fast data transmission, need for data security and need for technology advancement from existing data transmission technologies, such as Wi-Fi (Wireless-Fidelity ) are some of the key factors that are supporting the growth of the LiFi market. Further, industries such as healthcare, automotive, and defense are also fueling, the growth of global LiFi market. However, factors such as less awareness about the LiFi technology, specifically, in the emerging regions is one of the key factors which is hindering the growth of LiFi market. In addition, the limitation of LiFi technology, i.e., it is best used in the closed environment or for shorter distance, further limits the growth of the market. The key players, such as PureLiFi and Lucibel in the market are more focussed on research & development, which is expected to boost the growth of LiFi market in the course of next few years.
Various notable players operating in the market include PureLifi, Philips, Qualcomm, GE Lighting, Oledcomm, Lucibel, Axrtek, Fujitsu, Panasonic, Velmenni, IBSEN telecom Ltd., among others. Local players or mid-size companies involved in Li-Fi market face intense competition from the major players in terms of technological advancement, product innovation and price constraints. For instance, in September 2017, Wipro Lighting partnered with Pure LiFi to strengthen their position in the Asian market. Thus, creating stiff competition for the local players in the region.
The Li-Fi market has been segmented on the basis of component type, end user and key geographies. Based on component type, the market is segmented into Microcontroller, LED, Photodetector. Based on end user type, the market is categorized into healthcare, automotive, aerospace, electronics, defense & others.
The research report “global Li-Fi market” provides in-depth analysis of the Li-Fi market based on component type, end user and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global Li-Fi market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
Key questions answered in this research report:
1- At what pace is the Li-Fi market growing, globally? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Li-Fi market?
4- What are the various end user industries and how they are poised to grow?
Market Segmentation
Component Type
• Microcontroller
• LED
• Photodetector
End User
• Healthcare
• Automotive
• Aerospace
• Electronics
• Defense
• Others
Geography
• North America
As a part of customization
o By Component Type
o By End User
o United States
o Canada
o Mexico
• Europe
As a part of customization
o By Component Type
o By End User
o United Kingdom
o Germany
o Spain
o Rest of Europe
• Asia-Pacific
As a part of customization
o By Component Type
o By End User
o China
o Japan
o India
o Rest of Asia-Pacific
• Rest of the World
As a part of customization
o By Component Type
o By End User
o Brazil
o GCC countries
o South Africa
o Rest of ROW
Leading Market Players
• PureLifi
• Koninklijke Philips N.V.
• Oledcomm S.A.S.
• Panasonic Corporation
• Qualcomm Technologies, Inc.
• Axrtek
• Lucibel SA
• Acuity Brands, Inc.
• Fujitsu ltd.
• Velmenni OÜ
Other prominent players in the market which can be profiled as a part of customization:
• GE Lighting
• Axrtek
• IBSEN telecom Ltd.
• Wipro Lighting
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Table of Content (TOC)
• Executive Summary
• Introduction
• Study Objectives
• Market Definition
• Market Covered
• Geographical Coverage
• Study Years & Currency
• Market Stakeholders
• Key Questions this Study will Answer
• GMI Research’s Approach & Methodology
• Li-Fi Market- Overview
• Introduction `
• Market Segmentation
• Value Chain Analysis
• Drivers
• Restraints
• Trends
• Li-Fi Market Revenue Forecast till 2025
• Li-Fi Market by Component Type Revenue Forecast till 2025
• Microcontroller
• LED
• Photodetector
• Li-Fi Market by End User Revenue Forecast till 2025
• Healthcare
• Automotive
• Aerospace
• Electronics
• Security
• Li-Fi Market by Geography Revenue Forecast till 2025
• North America Li-Fi Market Revenue Forecast till 2025
• North America Li-Fi Market by Component Type (Option 1: 25% customization)
• Microcontroller
• LED
• Photodetector
• North America Li-Fi Market by End User
• Healthcare
• Automotive
• Aerospace
• Electronics
• Security
• Europe Li-Fi Market Revenue Forecast till 2025
• Europe Li-Fi Market by Component Type (Option 2: 25% customization)
• Microcontroller
• LED
• Photodetector
• Europe Li-Fi Market by End User
• Healthcare
• Automotive
• Aerospace
• Electronics
• Security
• Asia-Pacific Li-Fi Revenue Forecast till 2025
• Asia-Pacific Li-Fi Market by Component Type (Option 3: 25% customization)
• Microcontroller
• LED
• Photodetector
• Asia-Pacific Li-Fi Market by End User
• Healthcare
• Automotive
• Aerospace
• Electronics
• Security
• Rest of the World Li-Fi Market Revenue Forecast till 2025
• Rest of the World Li-Fi Market by Component Type (Option 4: 25% customization)
• Microcontroller
• LED
• Photodetector
• Rest of the World Li-Fi Market by End User
• Healthcare
• Automotive
• Aerospace
• Electronics
• Security
• Competitive Landscape
• Industry Attractiveness
• Porter 5 Analysis
• Major players and their key strategies
• Company Share Analysis
• Company Profiles (Option 5: 25% Customization – Profiles of 5 Additional Companies of your Choice)
• PureLifi
• Company Overview
• Financials
• Recent Developments
• Philips
• Company Overview
• Financials
• Recent Developments
• Oledcomm
• Company Overview
• Financials
• Recent Developments
• Panasonic
• Company Overview
• Financials
• Recent Developments
• Qualcomm Technologies, Inc.
• Company Overview
• Financials
• Recent Developments
• Axrtek
• Company Overview
• Financials
• Recent Developments
• Lucibel
• Company Overview
• Financials
• Recent Developments
• Acuity Brands, Inc.
• Company Overview
• Financials
• Recent Developments
• Fujitsu
• Company Overview
• Financials
• Recent Developments
• Velmenni
• Company Overview
• Financials
• Recent Developments
• About GMI Research
For Sample Pages & Detailed Report Description Visit : https://www.gmiresearch.com/report/global-li-fi-market-light-fidelity-vlc-led-opportunities-forecast-share-trends-insights.html
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.
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