Press release
Free Space Optics (FSO) and Visible Light Communication (VLC) Market by Top Key Players: Trimble Inc., LightPointe, Plaintree Systems, Philips, Panasonic USA, GE, pureLiFi Ltd, Qualcomm, OLEDCOMM, LVX System, Renesas Electronics, AOptix Technologies
Free Space Optics (FSO) and Visible Light Communication (VLC) Market
Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market accounted for USD 151.01 million in 2016 and is projected to grow at a CAGR of 36.1% during the forecast period of 2017 to 2024. The global visible light communication (VLC) market accounted for USD 1.28 billion in 2016 and is projected to grow at a CAGR of 61.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market
• By Transmission Type (Unidirectional, Bidirectional),
• By Component (Led, Microcontroller, Photodetector, Software & Services),
• By Application for FSO (Mobile Backhaul, Healthcare, Disaster Recovery, Security, Enterprise Connectivity, Engineering and Design, Defense, Satellite),
• By Application for VLC (Street Lights, Consumer Electronics, Smart Store, Defense & Security, Hospital, Aviation, Transportation & Vehicle, Underwater Communication, Hazardous Environment)
Top Key Players:
• fSONA Networks Corp.
• Trimble Hungary Kft
• Lightpointe Communications, Inc.
• Plaintree Systems Inc.
• Wireless Excellence Ltd.
• Koninklijke Philips N.V.
• Panasonic Corporation.
• GENERAL ELECTRIC
• Purelifi Ltd.
• Qualcomm Technologies Inc.
• Optelix Wireless
• Axrtek
• Oledcomm
• Bytelight, Inc.
• Lightbee Corp.
• LVX System
• Pav Data Systems Ltd.
• Renesas Electronics Corporation
• IBSENtelecom Ltd.
• Outstanding Technology Corp.
• AOptix Technologies, Inc.
• Supreme Architecture Inc.
The global free space optics (FSO) and visible light communication (VLC)market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
Free space optics (FSO) is the transmission of infrared beams in order to get optical communication. It is dependent on the medium due to fog, rain, scattering, obstruction, atmospheric turbulence and many more. Visible light communication (VLC) is communication technique which consists of high bandwidth and does not have any affect from electromagnetic sources. Here, the visible spectrum is regulated to transfer data.
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Major Market Drivers for Free Space Optics (FSO):
• Replacement of old technology with free space optics
• No need of licensing
• Rise in the number of space researches
Market Restraint for Free Space Optics (FSO):
• Increase in fitting charges
• Deterioration of signals due to government inference
Major Market Drivers for Visible Light Communication (VLC):
• Safer and faster technology along with cleaner technology
• Low consumption of technology and no bandwidth limitation
• Evolution of recent application such as Internet of Things and 5G
Market Restraint for Visible Light Communication (VLC):
• Utilize only for short range operation
• Preeminence of competitive technology
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
Report highlights
1. To gain information about the top players in this industry, their product portfolios, and their key strategies.
2. Key parameters which are driving this market and restraining its growth
3. Comprehensive quantitative analysis of the industry is provided for the period of 2018-2024 to assist stakeholders to capitalize on the prevailing market opportunities.
4. What all challenges manufacturers will face as well as new opportunities and threats faced by them.
5. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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