Press release
Li-Fi Market Trends, Analysis & Review Forecast 2027 | Top Key Players are Panasonic Corporation, Oledcomm, Koninklijke Philips N.V., LightPointe Communications, Inc.
Li-Fi Market
Besides, rising uses in industrial and military & defense applications substantiate the market sales. Technological advances in imaging solutions escalate the growth of the market, improving Li-Fi components & devices. According to Market Research Future (MRFR), the global Li-Fi market is poised to create an exponential valuation by 2027, growing at an impressive CAGR during the assessment period (2020 – 2027).
Global Li-Fi Market - Competitive Analysis
Highly competitive, the light-field market appears fragmented with the presence of several well-established players. To gain a sizable competitive share, industry players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product/technology launch. Substantial investments are transpired in R&D to develop a completely different technology compared to their competition.
Major Players:
Players leading the light-fidelity market include Panasonic Corporation (Japan), Oledcomm (France), Koninklijke Philips N.V. (the Netherlands), LightPointe Communications, Inc. (US), PureLiFi Limited (UK), and LightBee Corporation (US), FSONA Networks (UK), Velmenni (Tartu), Acuity Brands, Inc. (US), and General Electric (US), among others.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/3561
Advances and integration of vehicle-to-vehicle (V2V) communication and machine learning can drive the need for Li-Fi to exchange data and prevent potential accidents. Additionally, the use of Li-Fi tracking fleets can bolster the market growth providing coverage in confined areas.
Global Li-Fi Market - Segments
The report is segmented into components, applications, end-users, and regions. The component segment is sub-segmented into LED, optical sensing, microcontroller, photodetector, and others.
At the same time, the LED segment garners a significant market, witnessing significant demand in industries and commercial establishments due to their high energy output, low consumption rate, and durability. The application segment is sub-segmented into smartphones, standalone trackers, advance trackers, and others. The end-user segment is sub-segmented into retail, automotive, and others.
Global Li-Fi Market - Regional Analysis
North America leads the global Li-Fi market owing to the high demand for energy-efficient devices and high-speed communication technologies. Besides, the largest market share attributes to the infrastructure and implementation of advanced technologies with better connectivity drive the market expansion in the region.
The presence of Li-Fi component manufacturers and technology development centers drives the market growth. The region witnesses increasing adoption of machine learning technologies and artificial intelligence, propelling the market growth.
The US and Canada are major Li-Fi markets contributing to the regional market growth. Moreover, developments in LED technology with extra shelf-life drive the region's LiFi market share. The high demand for Li-Fi technology in the defense, and commercial & industrial sectors are the major LiFi market trends.
Europe stands second in terms of the global Li-Fi market revenues. The high demand for optical sensing, microcontrollers, and photodetectors boosts the market growth, driving Li-Fi technology deployment in various applications. Additionally, the increasing penetration of advanced smartphones and tracking devices substantiates the market's growth in the region.
The rising awareness for Li-Fi application areas increases the market size. Germany and the UK are major Li-Fi markets in the region. The European Li-Fi market is projected to create a substantial revenue pocket during the assessment period.
The Asia Pacific region also accounts for a substantial Li-Fi market share. Increased spending to strengthen defense sectors and implementation of advanced Li-Fi technologies drives the growth of the regional market. Furthermore, enormous investments in R&D activities to develop related technologies and constant technological upgrades propel the regional market growth. China, Japan, and India are the emerging Li-Fi markets, offering significant opportunities for industry players.
Industry/Innovation/Related News:
May 18, 2021--- Airbus Corporate Jets (ACJ) announced its partnership with Latécoère Interconnection Systems, a leading electronic wiring interconnection system (EWIS) supplier, to develop the aircraft manufacturer's first Light Fidelity (Li-Fi) in-flight entertainment (IFE) monitor.
Get complete Report @ https://www.marketresearchfuture.com/reports/visible-light-communication-li-fi-market-3561
Media Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Trends, Analysis & Review Forecast 2027 | Top Key Players are Panasonic Corporation, Oledcomm, Koninklijke Philips N.V., LightPointe Communications, Inc. here
News-ID: 2528805 • Views: …
More Releases from Market Research Future
Denim Market Size By 2035 with 5.25 USD Billion in 2025 to 132.4 USD Billion, Du …
Denim Market Size Grow at a 75.25 USD Billion in 2025 to 132.4 USD Billion by 2035, CAGR of 5.81% By 2025 - 2035
Global Denim Market is entering a new phase of transformation as consumer demand, fashion cycles, and sustainable innovation continue to reshape the industry. Denim, once considered a classic wardrobe staple, has evolved into a versatile, fashion-driven category supported by innovations in fabric technology, eco-friendly production, and shifting…
Humanoid Robots Market Size to Reach USD 13.8 Billion by 2032, Growing at 50.2% …
The global Humanoid Robots Market is projected to reach USD 13.8 Billion by 2032, growing at a robust CAGR of 50.2% during the forecast period from 2024 to 2032.
Driven by advancements in artificial intelligence, machine learning, and machine vision, humanoid robots-designed with human-like characteristics-are witnessing widespread adoption across healthcare, education, space exploration, and service industries. These robots are enhancing operational efficiency, performing complex tasks, and improving customer engagement across multiple…
Vertical Farming Market Expansion: USD 9.023 Billion in 2025 Growing to USD 58.8 …
The Vertical Farming Market was estimated at USD 7.48 Billion in 2024 and is projected to grow from USD 9.023 Billion in 2025 to USD 58.83 Billion by 2035, exhibiting a robust CAGR of 20.62% during the forecast period from 2025 to 2035.
Driven by increasing demand for sustainable agriculture, urbanization, and technological advancements in controlled-environment farming, vertical farming solutions are seeing widespread adoption across commercial, industrial, and urban agriculture sectors.
Key…
Robotics Market Trends and Forecast: USD 74,120.70 Million in 2024 Expected to H …
The Robotics Market was valued at USD 74,120.70 Million in 2024 and is projected to reach USD 476,019.67 Million by 2035, growing at a robust CAGR of 18.4% during the forecast period from 2024 to 2035.
Driven by advancements in medical robots, growing industrial robotics adoption, and the development of AI technologies, robotics solutions are witnessing widespread adoption across healthcare, manufacturing, logistics, and service sectors. Despite challenges like high initial costs…
More Releases for MRFR
Keeping Cool: The Booming Data Center Cooling Market | MRFR Reports
In today's digital world, data centers are the unsung heroes. These massive warehouses store and process the ever-growing mountain of information we create, from social media posts to complex scientific simulations. But all this computing power comes at a cost: heat. Just like any machine, data centers can overheat if not properly cooled, leading to malfunctions and even equipment failure. This is where the data center cooling market comes in.
Request…
Mobile Gaming Market: A Comprehensive Overview | MRFR Reports
Mobile gaming has become a ubiquitous part of modern entertainment, with millions of users around the world engaging in games on their smartphones and tablets. This booming industry has seen exponential growth in recent years, driven by advancements in mobile technology, widespread internet access, and the popularity of casual and immersive gaming experiences. In this article, we'll explore the market size of mobile gaming, key trends shaping its growth, challenges…
Solar Rooftop Market: A Comprehensive Analysis | MRFR Research
The solar rooftop market is proliferating on the global platform. The continually growing energy demand and wide adoption of solar rooftops in residential, commercial, infrastructural, and industrial sectors worldwide impact the market growth positively.
Besides, the development of solar parks, funding support for domestic cells & modules, and schemes for grid-connected solar rooftop manufacturing influence the market growth. Rise in solar panel installations and growing government initiatives for infrastructure…
Understanding the Contract Management Market: A Comprehensive Analysis | MRFR Re …
In the realm of business and commerce, managing contracts effectively is a crucial aspect that directly impacts organizational success and compliance. Contract management refers to the process of creating, negotiating, executing, and monitoring contracts between parties, such as businesses, suppliers, vendors, and clients. In this article, we will delve into the market size of contract management solutions, key trends driving their growth, challenges faced by businesses, and future prospects.
What is…
Exploring the Mobile Cobots Market: A Comprehensive Analysis | MRFR Reports
In the world of robotics and automation, mobile cobots have emerged as a revolutionary solution, combining the flexibility of mobility with the collaborative nature of robots. These mobile cobots, short for collaborative robots, are designed to work alongside humans in various industries, offering enhanced productivity, safety, and efficiency. In this article, we will delve into the market size of mobile cobots, key trends shaping their growth, challenges faced by the…
Understanding Enterprise Risk Management (ERM) Market Size | MRFR Reports
In today's rapidly changing business landscape, companies face a multitude of risks that can impact their operations, finances, and reputation. These risks can stem from various sources such as economic downturns, cybersecurity threats, regulatory changes, and natural disasters. To navigate these challenges effectively, organizations implement Enterprise Risk Management (ERM) strategies and solutions. The ERM market plays a crucial role in providing tools and frameworks for businesses to identify, assess, and…
