Press release
Li-Fi Market 2018 Growth, COVID Impact, Trends Analysis Report 2023
Li-Fi Market
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The global Light Fidelity market is segmented on the basis of component type and application. Based on the component type, the market is segmented into LED, photodiode, and microcontrollers. The LED segment has a significant market share during the forecast period. The photodiode has substantial growth in the market. Based on the application the market is segmented into automotive, aerospace and defense, healthcare, electronics, and others. Among these, the electronics segment has a significant market share.
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The global Li-Fi market is further analyzed according to the geographical regions that are contributing significantly towards the growth of the market. North America is estimated to hold a dominant position in the global Li-Fi market, followed by Europe. This is mainly due to increasing demand in the healthcare, and aerospace and defense industries. In addition, the region has well-established ICT infrastructure that further contributes to the growth of the market in the region.
Some of the key players operating in the global Li-Fi market are Koninklijke Philips NV, Panasonic Corp., PureLIFI, Qualcomm Technologies, Inc., Oledcomm, and others. These players adopt various strategies such as merger and acquisitions, product launch, and joint ventures in order to sustain in the highly competitive market. For instance, PureLiFi in October 2017, launched LiFi-XC that offers the ability to deploy a fully networked LiFi solution.
Market Segmentation
Global Li-Fi Market by Component Type
LED
Photodiode
Microcontrollers
Global Li-Fi Market by Application
Automotive
Aerospace and Defense
Healthcare
Electronics
Others (Under Water Communication, Indoor Networking)
Competitive Landscape
Key Company Analysis
Key Strategy Analysis
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
RoE
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of The World
Company Profiles
AASA, Inc.
Acuity Brands Lighting, Inc.
FIREFLY WIRELESS NETWORKS, LLC
IBSENtelecom Ltd.
Koninklijke Philips NV
LightPointe Communications, Inc.
Linmore LED
Luciom
LVX System
nextLiFi
Oledcomm
Panasonic Corp.
PureLiFi Ltd.
Qualcomm Technologies, Inc.
Renesas Electronics Corp.
SUNPARTNER Technologies
Velmenni
VLNCOMM
Wipro Ltd.
ZERO1
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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