Li-Fi Devices Market Highlights, Recent Trends, Market Growth and Opportunities till 2026– PureLi-Fi, Lucibel, Oledcomm, Osram, Sunpartner Technologies, LG Innotek

The Li-Fi Devices Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2016 to 2027. The structured analysis contains graphical as well as a diagrammatic representation of the global Li-Fi Devices Market with its specific geographical regions.

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“Li-Fi Devices Market was valued at USD 295.4 million in 2020 and is expected to reach USD 4157.38 million by 2026, at a CAGR of 69.7% over the forecast period 2021 - 2026”

Top leading Companies Profiled in Li-Fi Devices Market Report are PureLi-Fi, Lucibel, Oledcomm, General Electric, Osram, Sunpartner Technologies, LG Innotek, Yuyang D & U, Semicon Light, Wipro, Koninklijke Philips, Panasonic Corporation, Samsung Electronics, Lemnis Lighting, LG Electronics, Lightpointe Communications, F

Latest Update and Developments

March 19, 2018 Philips Lighting introduces LiFi broadband- Philips Lighting is now offering Light Fidelity (LiFi), a technology in which high quality LED lighting provides a broadband internet connection through light waves.

August 18, 2020 Oppo to launch a Li-Fi compatible smartphone- Oppo could shortly become the first smartphone maker to propose a consumer device that is Li-Fi compatible, that is to say, able to send data using light instead of radio waves. It is reported that the Chinese manufacturer will present this latest innovation in September 2020. Obviously, the goal of the new phone is not to do away with traditional Wi-Fi, but to popularize an alternative technology that has many advantages.

August 2020 - Nav Wireless Technologies Pvt Ltd has set up LIFI based communication facilities at Civil Hospitals in Ahemdabad, Surat Municipal Institute of Medical Education & Research, and Gujarat Medical Education & Research Society Hospital. After receiving positive responses from the hospital management, medical staff, and patients, the company is exploring more tie-ups with other government and private hospitals in Gujarat and neighboring states like Maharastra, Madhya Pradesh, and Rajasthan.

January 2020 - Getac Technology integrates the Li-fi technology powered by pureLiFi into the rugged mobiles. The Getac device to offer integrated LiFicapability will be the UX10 fully rugged tablet. Defense, Public Safety, Automotive, energy, and manufacturing sectors will be benefited from Getac’s Lifi Solutions.

Market Overview

Moreover, the European Commission recognizes the enabling role that the ICT sector can play over the forecast period, like rendering buildings more energy efficient or improving the functioning of the electricity grid and managing water. The concept of smart city encompasses optimizing the efficiency of city operations and services and connect citizens.

Li-Fi is a wireless communication technology that uses the visible light spectrum or infrared spectrum for high-speed data communication. It offers significantly greater security and safety and ultra-fast data transmission rates to deliver unprecedented low latency and reliability. Li-Fi is a form of green communication method, which salvages the existing lighting infrastructure for communication. The data is transmitted by varying the light intensity that is invisible to the human eye.

According to the US Green Building Council, buildings contribute a significant portion of energy consumption in the United States. It is reported that buildings account for 70% of electricity load and 39% of carbon oxide emissions. Given an occupant’s accurate indoor position, a building management system (BMS) is capable of offering highly efficient heating, cooling, ventilation, and lighting services to the occupant.

Market Research Study Focus on these Types:

LED Bulbs

Lamps

Wireless Devices

Market Research Study Focus on these Applications:

Transportation

Healthcare

Vehicles

Aviation

Others

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Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Li-Fi Devices Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Li-Fi Devices market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Li-Fi Devices market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Li-Fi Devices

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In conclusion, the Li-Fi Devices market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Li-Fi Devices Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

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