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Free Space Optics (FSO) and Visible Light Communication (VLC) Market 2018 Global Top Companies are OLEDCOMM, Renesas Electronics, Qualcomm, General Electric, Panasonic, Philips, Wireless Excellence Limited, Plaintree Systems, Trimble Hungary Kft
Free Space Optics (FSO) and Visible Light Communication (VLC) Market
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Market Segmentation: Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market
• On the basis of transmission type, the global visible light communication (VLC) market is segmented into unidirectional and bidirectional.
• On the basis of component, the global visible light communication (VLC) market is segmented into led, microcontroller, photodetector, software and services.
• On the basis of application, the global free space optics (FSO) market is segmented into mobile backhaul, healthcare, disaster recovery, security, enterprise connectivity, engineering and design, defense and satellite.
• On the basis of application, the global visible light communication (VLC) market is segmented into Street Lights, Consumer Electronics, Smart Store, Defense & Security, Hospital, Aviation, Transportation & Vehicle, Underwater Communication and Hazardous Environment.
• On the basis of geography, the global free space optics (FSO) and visible light communication (VLC) market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Market Analysis: Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market
The global free space optics (FSO) market accounted for USD 151.01million in 2016 and is projected to grow at a CAGR of 36.1% during the forecast period of 2017 to 2024. The global visible light communication (VLC) market accounted for USD 1.28billion in 2016 and is projected to grow at a CAGR of 61.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market
Free space optics (FSO) is the transmission of infrared beams in order to get optical communication. It is dependent on the medium due to fog, rain, scattering, obstruction, atmospheric turbulence and many more. Visible light communication (VLC) is communication technique which consists of high bandwidth and does not have any affect from electromagnetic sources. Here, the visible spectrum is regulated to transfer data.
Major Market Drivers for Free Space Optics (FSO):
• Replacement of old technology with free space optics
• No need of licensing
• Rise in the number of space researches
Market Restraint for Free Space Optics (FSO):
• Increase in fitting charges
• Deterioration of signals due to government inference
Major Market Drivers for Visible Light Communication (VLC):
• Safer and faster technology along with cleaner technology
• Low consumption of technology and no bandwidth limitation
• Evolution of recent application such as Internet of Things and 5G
Market Restraint for Visible Light Communication (VLC):
• Utilize only for short range operation
• Preeminence of competitive technology
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Competitive Landscape: Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market
The global free space optics (FSO) and visible light communication (VLC) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Major Market Competitors: Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market
• fSONA Networks Corp.,
• Trimble Hungary Kft,
• Lightpointe Communications, Inc.,
• Plaintree Systems Inc.,
• Wireless Excellence Ltd.,
• Koninklijke Philips N.V.,
• Panasonic Corporation.,
• GENERAL ELECTRIC,
• Purelifi Ltd.,
• Qualcomm Technologies Inc.,
• Optelix Wireless,
• Axrtek,
• Oledcomm,
• Bytelight, Inc.,
• Lightbee Corp.,
• LVX System,
• Pav Data Systems Ltd.,
• Renesas Electronics Corporation,
• IBSENtelecom Ltd.,
• Outstanding Technology Corp.,
• AOptix Technologies, Inc.,
• Supreme Architecture Inc.,
• Among others
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