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FSO and VLC/ Li-Fi Trends and Forecast
The future of the global FSO and VLC/ Li-Fi market looks promising with opportunities in the ITS, indoor networking, in-flight entertainment and communication, health care and underwater communication, and location-based services markets. The global FSO and VLC/ Li-Fi market is expected to reach an estimated $34.3 billion by 2030 with a CAGR of 41.0% from 2024 to 2030. The major drivers for this market are surging desire for lightning-fast internet connectivity on the rise and rapid adoption of intelligent lighting solutions on the upward trend.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
FSO and VLC/ Li-Fi by Segment
The study includes a forecast for the global FSO and VLC/ Li-Fi by component, application, and region.
FSO and VLC/ Li-Fi Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• LED
• IR Emitters
• Opto-Couplers
• Image Sensors
FSO and VLC/ Li-Fi Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• ITS
• Indoor Networking
• In-Flight Entertainment and Communication
• Health Care and Underwater Communication
• Location-Based Services
FSO and VLC/ Li-Fi Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of FSO and VLC/ Li-Fi Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies FSO and VLC/ Li-Fi companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the FSO and VLC/ Li-Fi companies profiled in this report include-
• Lightpointe Communications
• Fsona Systems
• Plaintree Systems
• Panasonic Corporation
• General Electric
• Oledcomm
• Koninklijke Philips N.V.
• Wireless Excellence Limited
• Signify Holding
• Lucibel
FSO and VLC/ Li-Fi Market Insights
Lucintel forecasts that LED is expected to witness highest growth over the forecast period.
Within this market, health care and underwater communication will remain the largest segment.
Asia Pacific is expected to witness highest growth over the forecast period.
Features of the Global FSO and VLC/ Li-Fi Market
Market Size Estimates: FSO and VLC/ Li-Fi market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: FSO and VLC/ Li-Fi market size by component, application, and region in terms of value ($B).
Regional Analysis: FSO and VLC/ Li-Fi market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, application, and regions for the FSO and VLC/ Li-Fi market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the FSO and VLC/ Li-Fi market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the FSO and VLC/ Li-Fi market size?
Answer: The global FSO and VLC/ Li-Fi market is expected to reach an estimated $34.3 billion by 2030.
Q.2 What is the growth forecast for FSO and VLC/ Li-Fi market?
Answer: The global FSO and VLC/ Li-Fi market is expected to grow with a cagr of 41.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the FSO and VLC/ Li-Fi market?
Answer: The major drivers for this market are surging desire for lightning-fast internet connectivity on the rise and rapid adoption of intelligent lighting solutions on the upward trend.
Q4. What are the major segments for FSO and VLC/ Li-Fi market?
Answer: The future of the FSO and VLC/ Li-Fi market looks promising with opportunities in the ITS, indoor networking, in-flight entertainment and communication, health care and underwater communication, and location-based services markets.
Q5. Who are the key FSO and VLC/ Li-Fi market companies?
Answer: Some of the key FSO and VLC/ Li-Fi companies are as follows:
• LightPointe Communications
• fSONA Systems
• Plaintree Systems
• Panasonic Corporation
• General Electric
• Oledcomm
• Koninklijke Philips N.V.
• Wireless Excellence Limited
• Signify Holding
• Lucibel
Q6. Which FSO and VLC/ Li-Fi market segment will be the largest in future?
Answer: Lucintel forecasts that LED is expected to witness highest growth over the forecast period.
Q7. In FSO and VLC/ Li-Fi market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the FSO and VLC/ Li-Fi market by component (LED, IR emitters, opto-couplers, and image sensors), application (ITS, indoor networking, in-flight entertainment and communication, health care and underwater communication, and location-based services), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Fso And Vlc / Li-Fi Market, Fso And Vlc / Li-Fi Market Size, Fso And Vlc / Li-Fi Market Growth, Fso And Vlc / Li-Fi Market Analysis, Fso And Vlc / Li-Fi Market Report, Fso And Vlc / Li-Fi Market Share, Fso And Vlc / Li-Fi Market Trends, Fso And Vlc / Li-Fi Market Forecast, Fso And Vlc / Li-Fi Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global FSO and VLC/ Li-Fi Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global FSO and VLC/ Li-Fi Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global FSO and VLC/ Li-Fi Market by Component
3.3.1: LED
3.3.2: IR Emitters
3.3.3: Opto-Couplers
3.3.4: Image Sensors
3.4: Global FSO and VLC/ Li-Fi Market by Application
3.4.1: ITS
3.4.2: Indoor Networking
3.4.3: In-Flight Entertainment and Communication
3.4.4: Health Care and Underwater Communication
3.4.5: Location-Based Services
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global FSO and VLC/ Li-Fi Market by Region
4.2: North American FSO and VLC/ Li-Fi Market
4.2.2: North American FSO and VLC/ Li-Fi Market by Application: ITS, Indoor Networking, In-Flight Entertainment and Communication, Health Care and Underwater Communication, and Location-Based Services
4.3: European FSO and VLC/ Li-Fi Market
4.3.1: European FSO and VLC/ Li-Fi Market by Component: LED, IR emitters, Opto-couplers, and image sensors
4.3.2: European FSO and VLC/ Li-Fi Market by Application: ITS, Indoor Networking, In-Flight Entertainment and Communication, Health Care and Underwater Communication, and Location-Based Services
4.4: APAC FSO and VLC/ Li-Fi Market
4.4.1: APAC FSO and VLC/ Li-Fi Market by Component: LED, IR emitters, Opto-couplers, and image sensors
4.4.2: APAC FSO and VLC/ Li-Fi Market by Application: ITS, Indoor Networking, In-Flight Entertainment and Communication, Health Care and Underwater Communication, and Location-Based Services
4.5: ROW FSO and VLC/ Li-Fi Market
4.5.1: ROW FSO and VLC/ Li-Fi Market by Component: LED, IR emitters, Opto-couplers, and image sensors
4.5.2: ROW FSO and VLC/ Li-Fi Market by Application: ITS, Indoor Networking, In-Flight Entertainment and Communication, Health Care and Underwater Communication, and Location-Based Services
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global FSO and VLC/ Li-Fi Market by Component
6.1.2: Growth Opportunities for the Global FSO and VLC/ Li-Fi Market by Application
6.1.3: Growth Opportunities for the Global FSO and VLC/ Li-Fi Market by Region
6.2: Emerging Trends in the Global FSO and VLC/ Li-Fi Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global FSO and VLC/ Li-Fi Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global FSO and VLC/ Li-Fi Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: LightPointe Communications
7.2: fSONA Systems
7.3: Plaintree Systems
7.4: Panasonic Corporation
7.5: General Electric
7.6: Oledcomm
7.7: Koninklijke Philips N.V.
7.8: Wireless Excellence Limited
7.9: Signify Holding
7.10: Lucibel
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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