Global Free Space Optics (FSO) and Visible Light Communication Market with Forecast to 2026
Global Free Space Optics (FSO) and Visible Light Communication Market Size study, by Component ( Light Emitting Diode, Photodetector, Microcontroller) By Transmission Type ( Unidirectional Transmission, Bidirectional Transmission), By Application (Smart Store, Streetlight, Consumer Electronics, Defense and Security, Vehicle and Transportation, Others) and Regional Forecasts 2019-2026
Global Free Space Optics (FSO) and Visible Light Communication Market is valued approximately USD 282.6 million in 2018 and is anticipated to grow with a healthy growth rate of more than 36% over the forecast period 2019-2026. Free space optics (FSO) is a communication technology that utilizes the traveling light in the free space such as outer space, air and vacuum for the optical communication purpose. This technology is very beneficial in conditions where the natural connection of optical fiber cable is unreasonable due to issues such as high costs. Whilst, the visible light communication (VLC) is a section of optical wireless communications technology, that uses the light that is detectable between the ranges of 400 to 800 THz in order to transmit the signals from 1-2 km. Increasing demand for alternate old technology with FSO startups coupled with rise in the number of space researches are key driving forces of the market growth. Furthermore, Emergence of new applications such as IoT and 5G is expected to create significant growth opportunity in the market over the forecast period. However, increase in fitting charges impedes the growth of the market over the forecast period of 2019-2026.
Request a free sample copy Free Space Optics (FSO) and Visible Light Communication Market Report @
The regional analysis of global Free Space Optics (FSO) and Visible Light Communication market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to huge investment in telecom infrastructure, government funding and deployment of several VLC systems in commercial and public places. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing CAD industry, recent development and increased expenditure on VLC related R&D activities in region would create lucrative growth prospects for the Free Space Optics (FSO) and Visible Light Communication market across Asia-Pacific region.
Major market player included in this report are:
Signify Holding (Formerly Philips Lighting)
Browse our full report with Table of Content :
About - Bharat Book Bureau:
Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
|Target State: All States|
Target City : All Cities
Last Update : Feb 24, 2020
Number of Views: 37
|Item Owner : Prachiti Sharma|
Contact Phone: 27810773
|Friendly reminder: Click here to read some tips.|