Li-Fi Market: Product Development Strategies by Major Industry Giants: General Electric, Oledcomm, Renesas Electronics, pureLiFi, LVX SYSTEM, Acuity Brands Lighting, Qualcomm, IBSEN telecom, Philips and Panasonic
Download Report Sample (200+ Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/1695
Light Fidelity (Li-Fi)/Visible Light Communication Market Key Benefits:
o This report provides an in-depth analysis of the global Li-Fi market along with the current trends and future estimations, which helps identify lucrative investment opportunities
o This report identifies the key drivers, opportunities, and restraints that prevail in the industry channels that shape the Li-Fi market along with their impact analysis
o Porter's Five Forces analysis highlights the potency of buyers and suppliers that participate in this market to facilitate better business decisions for stakeholders and strengthen their supplier and buyer networks
o The projected Li-Fi market estimations of geographical regions are based on the current market scenario as well as future trends
The Li-Fi market is segmented on the basis of component, industry vertical, and geography.
Based on component, the market is segmented into LED, photo detector, and microcontroller (MCU). Furthermore, the market is categorized on the basis of industry vertical which include retail, electronics, defense & security, automotive & transport, aerospace & aviation, and healthcare. Further, the market is analyzed based on four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
Interested to Procure the Data? Inquire Here: https://www.alliedmarketresearch.com/purchase-enquiry/1695
Light Fidelity (Li-Fi) is a very high speed, two-way wireless communication method which uses visible light from LEDs as the medium for transmitting the data by turning them on and off at very high frequency which human eyes cannot sense. This technology is an apt replacement for currently prevailing Wi-Fi technology as Li-Fi is considerably faster, has almost 10,000 times broader bandwidth because it uses visible light, and it is safe to operate in electromagnetic sensitive areas.
Li-Fi incorporates three major components, which are LED, photodetector, and microcontroller. Among the three components, in the year 2015, LED dominated the market by contributing over 40% share of the overall component segment revenue. Also, this segment is anticipated to grow with the highest CAGR 118.1% during the forecast period owing to its low cost, increased adoption in different applications such as households, offices, vehicles, airplanes and retail stores among others.
Under the industry vertical segment, retail industry contributed over 30% of the overall Li-Fi market. Li-Fi enables the storekeepers to monitor the positioning of customers by tracing their location to improve shopping experience and provide notifications on their cellphones. However, healthcare sector would be the fastest growing industry and is expected to register highest CAGR 125.3% during the forecast period.
North America dominated the market by accounting for around 40% of the total market revenue and it is expected to maintain its dominance throughout the forecast period. This is accredited to the presence of various research and development facilities in the region and investment for implementation of this technology by the major companies in the region.
Asia-Pacific is anticipated to be the fastest growing region among others with CAGR of 121.7% during the forecast period. This is attributed due to the large electronic market in China and Japan as well as presence of several developing regions where governments promote the use of LED lights. In Asia-Pacific, China holds about 50% of the market at present and is expected to maintain its leading position throughout the forecast period.
Access Report Summary: https://www.alliedmarketresearch.com/light-fidelity-visible-light-communication-market
Light Fidelity (Li-Fi)/Visible Light Communication Market Segmentation
The Li-Fi market is segmented on the basis of component, industry vertical, and geography.
o Microcontrollers (MCU)
BY INDUSTRY VERTICAL
o Indoor networking
o Smart streetlights
o Defense & Security
o Military operations
o Underwater communication in navy
o Automotive & Transport
o V2V communications
o Traffic management
o Aerospace & Aviation
o inflight communication and infotainment
o Space crafts
o Others (mining and chemical)
o North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o Latin America
o Middle East
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Li-Fi Market: Product Development Strategies by Major Industry Giants: General Electric, Oledcomm, Renesas Electronics, pureLiFi, LVX SYSTEM, Acuity Brands Lighting, Qualcomm, IBSEN telecom, Philips and Panasonic here
News-ID: 2062592 • Views: 378
More Releases from Allied Market Research
ACL Reconstruction Market Growth Insights, Sales Statistics and Industry Trends …
ACL reconstruction is a surgery that replaces a torn Anterior Cruciate Ligament (ACL), which is a major ligament in knee. Anterior Cruciate ligament (ACL) is made of tough fibrous materials, which are located in the knee joint. ACL is a ligament that passes through the middle of the knee and connects thighbone to shinbone, which stabilizes the knee joint. Download Free Sample Report@ https://www.alliedmarketresearch.com/request-sample/8774 ACL Reconstruction Market Report provides an overview of
Transradial Access Market Share, Global Industry Size, Growth, SWOT Analysis, To …
Transradial access market is expected to witness growth in upcoming years due to factors such as increase in number of heart disease related patients leading to heart attack, rise in usage of radial access procedure in field of oncology and advancements made in the technology. Download Free Sample Report@ https://www.alliedmarketresearch.com/request-sample/7880 Covid-19 Impact on the Global Transradial Access Market: Transradial Access Market Report provides an overview of the market based on key parameters such
Acoustic Damping Tiles Market Will Accelerate Rapidly with Excellent CAGR in Fut …
Allied Market Research published a new report, titled, Acoustic Damping Tiles Market: Global Opportunity Analysis and Industry Forecast, 2020–2027”. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken
Black Beer Market Share, Trends, Growth, Future Prospects, Forecast 2021 to 2027
The global black beer market is experiencing a significant growth, and is anticipated togrow considerably in next few years. Black beer is manufactured in microbreweries, which enhance its distinctive taste, fueling a trend of brewed craft beer in the market. Craft beers such as black beer involve the use of ingredients that are not generally used in regular beers, giving it a distinct taste and flavor. Black beer is served
More Releases for Light
THE LIGHT & THE DARKNESS
A new series of seascape and landscape oil paintings in Paul’s signature style, inspired by the wilds of Western Scotland and Skye. The work for these shows is based on the drama of play between light and darkness, heavily influenced by trips to Western Scotland and the Isle of Skye. The working process for this new series has been as destructive and creative as the landscapes seen in situ, but as
Light quality in offices
The Light: Global study gets underway with online user survey Light has a fundamental impact on our sense of well-being and performance. In cooperation with Zumtobel, a supplier of lighting solutions, Fraunhofer IAO has launched a global user survey of lighting quality in offices. The objective is to identify the best lighting conditions for a variety of spaces and lighting situations. As we move through the darker winter months, many people become
Light Improves Athletic Performance
A variety of factors influence athletic performance: Physical fitness and stamina, as well as the manner of nutrition, probably have the most impact. But a new study found another aspect, which had remained widely unconsidered: light. According to the study, the right lighting not only supports a higher capacity of concentration, but also positively influences stamina and performance in sports. Depending on the athlete’s body clock and the time of
Voyage Manager Accounces VM Light
Voyage manager Ltd, a technology company that specializes in travel security and tracking solutions, has recently announced the release of VM Light, a user friendly itinerary tracking service. VM Light is a standalone itinerary tracker, designed for organizations that do not require the full functionality of the VM Suite, but are looking for a cost effective, simple travel tracker solution to increase employee security and efficient business travel. VM Light is
Cooking Light Done Right
Seattle, WA August 5th, 2011 – DigiGlyph released a new series of cookbooks title Cooking Light Done Right authored by Kristi Rimkus, a healthy cooking blogger who is certified in nutrition and wellness by The American College of Healthcare Science. Each great tasting, healthy recipe comes with easy to follow instructions that include the nutritional value of each meal. The cookbooks are available as an eBook on Kindle & Nook
M-TUBE Flex: LED light system with flexible light guide
The M-TUBE is an LED light system designed as a construction set: The flexible light guide can be combined with LEDs in different colors and intensities. In this way it is possible to realize soft ambience illumination as well as illumination and lighting with strong brightness. The light is fed into the light guide from the sides. Inside the light guide it is evenly emitted along the imprinted white reflector line.