Press release
Visible Light Communication Market 2018 Global Analysis, Opportunities, Growth Forecast To 2022
Visible Light Communication can be defined as free space optical wireless communication technology that utilizes the visible light to transmit data across the distances. This type of technology is widely used in a number of applications or end user segments that includes intelligent traffic management system, wireless communication, powerline communication, home networking system and underwater communication.
Visible Light Communication (VLC) is a method by which Light Emitting Diode (LED) are utilized to transfer the data by using visible light as a transmission medium. The increasing usage of data over the mobile phones and via other wireless devices, lack of spectrum appears to be one of the major problem for which visible light communication can be offered as a potential solution. The raising demand of the retails based indoor positioning market due to high traffic and better illumination has paved the way for the growth of the visible light communication market. The increasing demand by retailer to send instant offers to customers in the form of messages to enhance their shopping experience has also anticipated to boost the overall VLC market.
The study also indicates that the increasing investments in the research and development of new products by various key players like General Electric Company, LVX Systems and others are expected to make revolutionary changes in visible light communication market.
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Major Key Players:
• fSONA Networks (Canada),
• General Electric Company (U.S.),
• Casio Computer Co., Ltd.(Japan),
• Toshiba Corporation (Japan),
• Samsung Electronics Co. Ltd. (South Korea),
• Nitto Denko Corporation (Japan),
• NEC Corporation (Japan),
• Fujitsu Ltd. (Japan),
• Qualcomm, Inc. (U.S.),
• Panasonic Corporation (Japan)
Regional Analysis:
The regional analysis of Visible Light Communication Market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The study indicates that North America region is dominating the Visible Light Communication Market owing to factors such as increased internet penetration and technological advancements. The study also indicates that raising applications of indoor location based services is expected to propel the visible light communication market by the forecast period. Apart from it the rising adoption of IT services is also driving the 3D Scanner market.
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Segments:
Visible Light Communication market is segmented on the basis of component, application and verticals.
Visible Light Communication by Component:
• Visible Light LED’s
• Diode
• Image Sensors
• R Emitters
• Opto –couplers
• Others
Visible Light Communication by Applications:
• Underwater Communications
• Location-based Services
• Indoor Applications
• Outdoor Application
• Smart Lighting
• Others
Visible Light Communication by Vertical:
• Transportation
• Automotive
• Defense
• Healthcare
• Aviation
• Others
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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.
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