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Free Space Optics (FSO) and Visible Light Communication (VLC) Market by Component (LED, Photo Detector, Microcontroller, and Software), Transmission Type (Unidirectional and Bidirectional), Application, and Geography - Global Forecast to 2022

Free Space Optics (FSO) and Visible Light Communication (VLC) Market by Component (LED, Photo Detector, Microcontroller, and Software), Transmission Type (Unidirectional and Bidirectional), Application, and Geography - Global Forecast to 2022

“Free licensing and faster and assurance of safer data transfer than other competing technologies drive the FSO and VLC markets, respectively”
The free space optics (FSO) market is expected to grow at a CAGR of 41.4% between 2017 and 2022, to reach USD 1,198.9 million by 2022 from USD 212.4 million in 2017. This growth can be attributed to the last mile connectivity, free licensing of FSO system, and alternative solution for overburdened RF technology for outdoor networking. However, the degradation of signals due to environmental interference and high installation cost restrict the growth of the FSO market. On the other hand, the visible light communication (VLC) market is expected to grow at a CAGR of 62.9% between 2017 and 2022, to reach USD 14.91 billion by 2022 from USD 1.30 billion in 2017. The major factors driving this growth are faster and safer data transfer than other competing technologies; RF spectrum bandwidth crunch; no bandwidth limitation and less energy consumption; and greener, cleaner, and safer technology. However, the dominance of competing technologies and short range and requirement of direct LOS could restrict the growth of the VLC market.

“Healthcare and hazardous environment are expected to be the fastest-growing applications of FSO and VLC markets, respectively, during the forecast period”
The healthcare and hazardous environment applications of FSO & VLC, respectively, are expected to grow at the highest rate between 2017 and 2022. FSO is hugely deployed in the healthcare application where wireless communication through radio waves is not allowed due to potential health hazards. On the other hand, the rapid adoption of new technologies in hazardous situations and the unavailability of any substitute for communication in this environment make the hazardous environment one of the fastest-growing VLC applications.

“LED held the largest market share in 2016 but software is expected to be the dominant market of VLC component by 2022”
The LED component of VLC led the overall VLC market in 2016 as LED is used as a main source of light that acts as a medium of transmission in the VLC technology. The software is also a major component of the VLC market and is expected to be the largest market by 2022. This is mainly due to the expected emergence of various bidirectional communication applications by 2022.

“Americas is the largest shareholder, whereas APAC would be the fastest-growing region of the FSO and VLC markets during the forecast period”
The Americas held the largest share of the FSO & VLC markets in 2016 due to the huge investments in telecom infrastructure, government funding, and increasing military expenditure in FSO technology as well as the government funding and deployment of several VLC systems in the public and commercial places. However, the APAC market is expected to grow at the highest rate in the FSO market between 2017 and 2022. The increasing manufacturing facilities, advanced infrastructure, and the growing computer-aided design (CAD) industry would drive the FSO market, while the recent developments and increased expenditure on VLC-related R&D activities would drive the VLC market in APAC.

The breakup of primaries conducted during the study is depicted below:
By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%
By Designation: C-Level Executives – 50%, Directors – 25%, and Managers – 25%
By Region: Americas – 60%, Europe – 20%, APAC – 10%, and RoW – 10%

Some of the key players in the FSO market include are LightPointe Communications, Inc. (U.S.), fSONA Networks Corp. (Canada), Plaintree Systems Inc. (Canada), Wireless Excellence Ltd. (U.K.), and Trimble Hungary Kft. (Hungary), among others. The key players in the VLC market include Koninklijke Philips N.V. (Netherlands), General Electric Co. (U.S.), ByteLight, Inc. (Acuity Brands, Inc.) (U.S.), Panasonic Corp. (Japan), LVX System (U.S.), Oledcomm (France), pureLiFi Ltd. (U.K.), LightBee Corp. (Spain), Outstanding Technology Corp. (Japan), IBSENtelecom (Norway), and Supreme Architecture Inc. (U.S.), among others.

Factors such as affordable extension in fiber network, increasing number of space research programs, and replacement of old technologies with FSO technology for enterprise connectivity are expected to generate opportunities for the FSO market. The factors that are expected to create opportunities for the VLC market in the near future are eth global acceptance by electronic device manufacturers, commercialization of the technology for two-way communication, government funding, and emergence of new applications such as IoT and 5G.

Research Coverage:
This report includes the market statistics pertaining to FSO applications and geography, and VLC component, transmission type, application, and geography, along with their respective market size.
The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the FSO and VLC markets.
Major drivers, restraints, and opportunities for the FSO and VLC markets have been detailed in this report.
The opportunities in the market have been defined for stakeholders, along with the details of the competitive landscape for the market leaders.
The strategic profiling of the key players of the FSO and VLC markets has been provided and their market ranks and core competencies have been comprehensively analyzed.
The illustrative segmentation, analysis, and forecast for the markets on the basis of application and geography have been conducted to give an overall view of the FSO & VLC markets.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
      • MARKET RANKING ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE GLOBAL FSO & VLC MARKET
    • VLC MARKET, BY COMPONENT
    • FSO AND VLC MARKET, BY APPLICATION
    • VLC MARKET, BY TRANSMISSION TYPE
    • FSO MARKET, BY REGION
    • VLC MARKET LIFE CYCLE ANALYSIS, BY GEOGRAPHY (2017)
  • MARKET OVERVIEW
    • INTRODUCTION
      • Table LED VS. LASER
    • HISTORY AND EVOLUTION OF OWC
      • Table RONJA MODELS
      • OVERVIEW OF RONJA DEVICE
        • Table IRDA STANDARDS
    • FSO MARKET
      • INTRODUCTION
      • WORKING
        • Table FSO VS. OTHER COMPETING TECHNOLOGIES
        • Table ADVANTAGES AND LIMITATIONS OF FSO
      • MARKET SEGMENTATION
      • MARKET DYNAMICS
        • Table POWER LOSS IN FSO SYSTEM DUE TO ENVIRONMENTAL INTERFERENCE
        • Table RF VS. FSO FOR SPACE PROGRAMS
    • VLC MARKET
      • INTRODUCTION
        • Table VLC VS. RF TECHNOLOGY
      • WORKING
      • MARKET SEGMENTATION
      • MARKET DYNAMICS
        • Table VLC VS. WI-FI
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • Table PORTER'S FIVE FORCES ANALYSIS WITH THEIR WEIGHTED AVERAGE
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • COMPETITIVE RIVALRY
  • FREE-SPACE OPTICS MARKET
    • INTRODUCTION
    • FSO MARKET, BY APPLICATION
      • Table FSO MARKET, BY APPLICATION, 2014-2022 (USD MILLION)
      • MOBILE BACKHAUL
        • Table TECHNOLOGIES IN MOBILE BACKHAUL
        • Table CAPACITY OF VARIOUS MOBILE BACKHAUL TECHNOLOGIES
        • Table ADVANTAGES OF FSO AS MOBILE CARRIER BACKHAUL
        • Table FSO MARKET FOR MOBILE BACKHAUL APPLICATION, BY REGION, 2014-2022 (USD MILLION)
      • ENTERPRISE CONNECTIVITY
        • Table FSO MARKET FOR ENTERPRISE CONNECTIVITY APPLICATION, BY REGION, 2014-2022 (USD MILLION)
      • DISASTER RECOVERY
        • Table FSO MARKET FOR DISASTER RECOVERY APPLICATION, BY REGION, 2014-2022 (USD MILLION)
      • DEFENSE
        • Table FSO MARKET FOR DEFENSE APPLICATION, BY REGION, 2014-2022 (USD MILLION)
      • SATELLITE
        • Table FSO MARKET FOR SATELLITE APPLICATION, BY REGION, 2014-2022 (USD MILLION)
      • HEALTHCARE
        • Table FSO MARKET FOR HEALTHCARE APPLICATION, BY REGION, 2014-2022 (USD MILLION)
      • SECURITY
        • Table FSO MARKET FOR SECURITY APPLICATION, BY REGION, 2014-2022 (USD MILLION)
      • ENGINEERING AND DESIGN
        • Table FSO MARKET FOR ENGINEERING AND DESIGN APPLICATION, BY REGION, 2014-2022 (USD MILLION)
      • OTHERS
        • Table FSO MARKET FOR OTHER APPLICATIONS, BY REGION, 2014-2022 (USD MILLION)
    • FSO MARKET, BY REGION
      • Table FSO MARKET, BY REGION, 2014-2022 (USD MILLION)
      • AMERICAS
        • Table FSO MARKET IN THE AMERICAS, BY APPLICATION, 2014-2022 (USD MILLION)
      • EUROPE
        • Table FSO MARKET IN EUROPE, BY APPLICATION, 2014-2022 (USD MILLION)
      • ASIA-PACIFIC
        • Table FSO MARKET IN APAC, BY APPLICATION, 2014-2022 (USD MILLION)
      • REST OF THE WORLD
        • Table FSO MARKET IN ROW, BY APPLICATION, 2014-2022 (USD MILLION)
  • VISIBLE LIGHT COMMUNICATION MARKET
    • INTRODUCTION
    • VLC MARKET, BY COMPONENT
      • Table VLC MARKET, BY COMPONENT, 2015-2022 (USD MILLION)
      • LIGHT-EMITTING DIODE
        • Table COMPARISON BETWEEN LED, INCANDESCENT, AND FLUORESCENT LAMPS
        • Table CHARACTERISTICS OF PHOSPHORUS LED
        • Table CHARACTERISTICS OF RGB LED
        • Table CHARACTERISTICS OF RCLED
        • Table CHARACTERISTICS OF OLEDS
        • Table VLC MARKET FOR LED, BY APPLICATION, 2015-2022 (USD MILLION)
      • PHOTODETECTOR
        • Table COMPARISON BETWEEN CCD AND CMOS SENSORS
        • Table VLC MARKET FOR PHOTODETECTORS, BY APPLICATION, 2015-2022 (USD MILLION)
      • MICROCONTROLLER
        • Table VLC MARKET FOR MICROCONTROLLERS, BY APPLICATION, 2015-2022 (USD MILLION)
      • SOFTWARE AND SERVICES
        • Table VLC MARKET FOR SOFTWARE, BY APPLICATION, 2015-2022 (USD MILLION)
    • VLC MARKET, BY TRANSMISSION TYPE
      • Table VLC MARKET, BY TRANSMISSION TYPE, 2015-2022 (USD MILLION)
      • UNIDIRECTIONAL TRANSMISSION
      • BIDIRECTIONAL TRANSMISSION
    • VLC MARKET, BY APPLICATION
      • Table VLC MARKET, BY APPLICATION, 2015-2022 (USD MILLION)
      • SMART STORE
        • Table LIST OF SOME MAJOR PILOT DEPLOYMENTS OF VLC IN SMART STORES
        • Table VLC MARKET FOR SMART STORE APPLICATION, BY COMPONENT, 2015-2022 (USD MILLION)
        • Table VLC MARKET FOR SMART STORE APPLICATION, BY REGION, 2015-2022 (USD MILLION)
      • STREET LIGHTS
        • Table LIST OF SOME MAJOR PILOT DEPLOYMENTS OF VLC IN STREET LIGHTS
        • Table VLC MARKET FOR STREET LIGHT APPLICATION, BY COMPONENT, 2015-2022 (USD MILLION)
        • Table VLC MARKET FOR STREET LIGHT APPLICATION, BY REGION, 2015-2022 (USD MILLION)
      • CONSUMER ELECTRONICS
        • Table VLC MARKET, BY CONSUMER ELECTRONICS APPLICATION, 2015-2022 (USD MILLION)
        • Table VLC MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY COMPONENT, 2015-2022 (USD MILLION)
        • Table VLC MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY REGION, 2015-2022 (USD MILLION)
        • Table VLC MARKET FOR RESIDENTIAL APPLICATION, BY REGION, 2016-2022 (USD MILLION)
        • Table VLC MARKET FOR COMMERCIAL APPLICATION, BY REGION, 2015-2022 (USD MILLION)
      • DEFENSE AND SECURITY
        • Table VLC MARKET FOR DEFENSE AND SECURITY APPLICATION, BY COMPONENT, 2016-2022 (USD MILLION)
        • Table VLC MARKET FOR DEFENSE AND SECURITY APPLICATION, BY REGION, 2016-2022 (USD MILLION)
      • VEHICLE AND TRANSPORTATION
        • Table VLC MARKET FOR VEHICLE AND TRANSPORTATION APPLICATION, BY TYPE, 2016-2022 (USD MILLION)
        • Table VLC MARKET FOR VEHICLE AND TRANSPORTATION APPLICATION, BY COMPONENT, 2016-2022 (USD MILLION)
        • Table VLC MARKET FOR VEHICLE AND TRANSPORTATION APPLICATION, BY REGION, 2016-2022 (USD MILLION)
        • Table VLC MARKET FOR VEHICLE-TO-VEHICLE COMMUNICATION APPLICATION, BY REGION, 2017-2022 (USD MILLION)
        • Table COMPARISON OF POSITION DETECTION TRACKING SYSTEMS BASED ON VARIOUS TECHNOLOGIES
        • Table VLC MARKET FOR LOCATION-BASED SERVICE APPLICATION, BY REGION, 2016-2022 (USD MILLION)
        • Table VLC MARKET FOR INTELLIGENT TRANSPORTATION SYSTEM APPLICATION, BY REGION, 2016-2022 (USD MILLION)
      • AVIATION
        • Table VLC MARKET FOR AVIATION APPLICATION, BY COMPONENT, 2017-2022 (USD MILLION)
        • Table VLC MARKET FOR AVIATION APPLICATION, BY REGION, 2017-2022 (USD MILLION)
      • HOSPITAL
        • Table VLC MARKET FOR HOSPITAL APPLICATION, BY TYPE, 2017-2022 (USD MILLION)
        • Table VLC MARKET FOR HOSPITAL APPLICATION, BY COMPONENT, 2017-2022 (USD MILLION)
        • Table VLC MARKET FOR HOSPITAL APPLICATION, BY REGION, 2017-2022 (USD MILLION)
        • Table VLC MARKET FOR ASSET TRACKING APPLICATION, BY REGION, 2017-2022 (USD MILLION)
        • Table VLC MARKET FOR PATIENT TRACKING APPLICATION, BY REGION, 2017-2022 (USD MILLION)
        • Table VLC MARKET FOR DATA MONITORING APPLICATION, BY REGION, 2017-2022 (USD MILLION)
      • UNDERWATER COMMUNICATION
        • Table VLC MARKET FOR UNDERWATER COMMUNICATION APPLICATION, BY COMPONENT, 2017-2022 (USD MILLION)
        • Table VLC MARKET FOR UNDERWATER COMMUNICATION APPLICATION, BY REGION, 2017-2022 (USD MILLION)
      • HAZARDOUS ENVIRONMENT
        • Table VLC MARKET FOR HAZARDOUS ENVIRONMENT APPLICATION, BY COMPONENT, 2017-2022 (USD MILLION)
        • Table VLC MARKET FOR HAZARDOUS ENVIRONMENT APPLICATION, BY REGION, 2017-2022 (USD MILLION)
      • OTHERS
        • Table VLC MARKET FOR OTHER APPLICATIONS, BY TYPE, 2015-2022 (USD MILLION)
        • Table VLC MARKET FOR OTHER APPLICATIONS, BY COMPONENT, 2015-2022 (USD MILLION)
        • Table VLC MARKET FOR OTHER APPLICATIONS, BY REGION, 2015-2022 (USD MILLION)
        • Table VLC MARKET FOR MUSEUM APPLICATION, BY REGION, 2015-2022 (USD MILLION)
        • Table VLC MARKET FOR DIGITAL SIGNAGE APPLICATION, BY REGION, 2016-2022 (USD MILLION)
        • Table VLC MARKET FOR HOTEL AND CASINO APPLICATION, BY REGION, 2016-2022 (USD MILLION)
        • Table VLC MARKET FOR LOGISTICS APPLICATION, BY REGION, 2017-2022 (USD MILLION)
    • VLC MARKET, BY GEOGRAPHY
      • Table VLC MARKET, BY REGION, 2015-2022 (USD MILLION)
      • AMERICAS
        • Table VLC MARKET IN THE AMERICAS, BY APPLICATION, 2015-2022 (USD MILLION)
      • EUROPE
        • Table VLC MARKET IN EUROPE, BY APPLICATION, 2015-2022 (USD MILLION)
      • ASIA-PACIFIC
        • Table VLC MARKET IN APAC, BY APPLICATION, 2015-2022 (USD MILLION)
      • REST OF THE WORLD
        • Table VLC MARKET IN ROW, BY APPLICATION, 2015-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
      • Table MARKET RANKING OF TOP 3 PLAYERS IN THE FSO MARKET, 2016
      • Table MARKET RANKING OF TOP 5 PLAYERS IN THE VLC MARKET, 2016
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES IN FSO AND VLC MARKET, JANUARY 2014 TO DECEMBER 2016
      • EXPANSIONS, ACQUISITIONS, PARTNERSHIPS, AGREEMENTS, COLLABORATIONS, AND JOINT VENTURES
        • Table AGREEMENTS, COLLABORATIONS, AND JOINT VENTURES IN FSO AND VLC MARKET, JANUARY 2014 TO DECEMBER 2016
        • Table EXPANSIONS, ACQUISITIONS, AND PARTNERSHIPS IN FSO AND VLC MARKET, JANUARY 2014 TO DECEMBER 2016
  • COMPANY PROFILES
    • INTRODUCTION
    • FSO MARKET PLAYERS
      • LIGHTPOINTE COMMUNICATIONS, INC.
      • FSONA NETWORKS CORP.
      • PLAINTREE SYSTEMS INC.
      • WIRELESS EXCELLENCE LTD.
      • TRIMBLE HUNGARY KFT.
    • VLC MARKET PLAYERS
      • KONINKLIJKE PHILIPS N.V.
      • GENERAL ELECTRIC CO.
      • BYTELIGHT, INC. (A ACUITY BRAND'S COMPANY)
      • PANASONIC CORP.
      • PURELIFI LTD.
      • LVX SYSTEM
      • OLEDCOMM
      • LIGHTBEE CORP.
      • OUTSTANDING TECHNOLOGY CORP.
      • IBSENTELECOM LTD.
      • SUPREME ARCHITECTURE INC.
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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