Free Space Optics (FSO) and Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market by Component (LED, Photodetector, Microcontroller, and Software), Transmission Type, Application, and Geography - Global Forecast to 2023
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Market Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 List of Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.2.3 Market Ranking Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the FSO and VLC Market
4.2 VLC Market, By Component
4.3 FSO and VLC Market, By Application
4.4 VLC Market, By Transmission Type
4.5 FSO Market, By Region
4.6 VLC Market, By Region
5 Market Overview
5.1 Introduction
5.2 History and Evolution of OWC
5.2.1 Overview of Ronja Device
5.3 FSO Market
5.3.1 Introduction
5.3.2 Working
5.3.3 Market Dynamics
5.3.3.1 Drivers
5.3.3.1.1 Last Mile Connectivity
5.3.3.1.2 No Licensing Required
5.3.3.1.3 Alternative Solution to Overburdened RF Technology for Outdoor Networking
5.3.3.2 Restraints
5.3.3.2.1 High Installation Cost
5.3.3.3 Opportunities
5.3.3.3.1 Affordable Extension in Existing Fiber Network
5.3.3.3.2 Increasing Number of Space Research Programs
5.3.3.3.3 Replacement of Old Technologies With FSO Technology for Enterprise Connectivity
5.3.3.4 Challenges
5.3.3.4.1 Reliability Issues Due to Fading of Signals During Propagation
5.4 VLC Market
5.4.1 Introduction
5.4.2 Working
5.4.3 Market Dynamics
5.4.3.1 Drivers
5.4.3.1.1 Faster and Safer Data Transfer Than Other Competing Technologies
5.4.3.1.2 RF Spectrum Bandwidth Crunch
5.4.3.1.3 Less Energy Consumption
5.4.3.2 Restraints
5.4.3.2.1 Dominance of Competing Technology
5.4.3.2.2 Applicable Only for Short-Range Communication Applications and Requirement of Direct Los
5.4.3.3 Opportunities
5.4.3.3.1 Global Acceptance of Bidirectional VLC By Different Industry Verticals
5.4.3.3.2 Emergence of New Applications Such as IoT and 5g
5.4.3.4 Challenges
5.4.3.4.1 Lack of Technological Awareness
5.4.3.4.2 Lack of Common Standards
5.5 Value Chain Analysis
6 Free Space Optics Market
6.1 Introduction
6.2 FSO Market, By Application
6.2.1 Mobile Backhaul
6.2.2 Enterprise Connectivity
6.2.3 Disaster Recovery
6.2.4 Defense
6.2.5 Satellite
6.2.6 Healthcare
6.2.7 Security
6.2.8 Engineering and Design
6.2.9 Others
6.3 FSO Market, By Region
6.3.1 Americas
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 Rest of the World
7 Visible Light Communication Market
7.1 Introduction
7.2 VLC Market, By Component
7.2.1 Light Emitting Diode
7.2.1.1 Phosphorus LEDs
7.2.1.2 Red Green Blue (RGB) LEDs
7.2.1.3 Resonant Cavity LEDs (RCLEDs)
7.2.1.4 Organic LEDs (OLEDS)
7.2.1.5 Microlens LEDs
7.2.1.6 Near-Infrared Or Ultraviolet LEDs
7.2.2 Photodetector
7.2.2.1 Photodiode
7.2.2.2 Image Sensor
7.2.3 Microcontroller
7.2.3.1 Modulator and Demodulator
7.2.3.1.1 Modulation
7.2.3.1.1.1 Pulse Width Modulation (PWM)
7.2.3.1.1.2 Pulse Position Modulation (PPM)
7.2.3.1.1.3 Variable Pulse Position Modulation (VPPM)
7.2.3.1.1.4 Pulse Amplitude Modulation (PAM)
7.2.3.1.1.5 Color Shift Keying (CSK)
7.2.3.1.1.6 Frequency Shift Keying (FSK)
7.2.3.1.1.7 Orthogonal Frequency Division Multiplex (OFDM)
7.2.3.1.1.8 Spatial Modulation (SM)
7.2.3.1.2 Demodulation
7.2.3.1.2.1 Diode Detector
7.2.3.1.2.2 Synchronous Detector
7.2.4 Software
7.3 VLC Market, By Transmission Type
7.3.1 Unidirectional Transmission
7.3.2 Bidirectional Transmission
7.4 VLC Market, By Application
7.4.1 Smart Store
7.4.2 Street Light
7.4.3 Consumer Electronics
7.4.3.1 Residential
7.4.3.2 Commercial
7.4.4 Defense and Security
7.4.5 Vehicle and Transportation
7.4.5.1 Vehicle-To-Vehicle Communication
7.4.5.2 Location-Based Service
7.4.5.3 Intelligent Transportation System
7.4.5.3.1 Advanced Traffic Management System
7.4.5.3.2 Advanced Traveler Information System
7.4.5.3.3 Vehicle-To-Infrastructure Communications
7.4.5.3.4 Advanced Public Transportation System
7.4.6 Aviation
7.4.7 Hospital
7.4.7.1 Asset Tracking
7.4.7.2 Patient Tracking
7.4.7.3 Data Monitoring
7.4.8 Underwater Communication
7.4.9 Hazardous Environment
7.4.10 Others
7.4.10.1 Museum
7.4.10.2 Digital Signage
7.4.10.3 Hotel and Casino
7.4.10.4 Logistics
7.5 VLC Market, By Geography
7.5.1 Americas
7.5.2 Europe
7.5.3 Asia Pacific
7.5.4 Rest of the World
8 Competitive Landscape
8.1 Overview
8.2 Market Ranking Analysis
8.3 Competitive Scenario
8.3.1 Product Launches and Expansions
8.3.2 Collaborations and Contracts
8.3.3 Acquisitions and Partnerships
9 Company Profiles
9.1 Introduction
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
9.2 FSO Market Key Players
9.2.1 Lightpointe Communications
9.2.2 FSONA Networks
9.2.3 Wireless Excellence
9.2.4 Plaintree Systems
9.2.5 Trimble Hungary
9.3 Key Players in the VLC Market
9.3.1 Signify Holding (Formerly Philips Lighting)
9.3.2 Oledcomm
9.3.3 Lucibel
9.3.4 Purelifi
9.3.5 Acuity Brands
9.4 Other Key Players in the VLC Market
9.4.1 General Electric
9.4.2 Panasonic
9.4.3 Fraunhofer HHI
9.4.4 LVX System
9.4.5 Ibsentelecom
9.5 VLC Market Key Innovators
9.5.1 Vlncomm
9.5.2 Firefly Wireless Networks
9.5.3 Nextlifi
9.5.4 Lightbee
9.5.5 Velmenni
*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.
10 Appendix
10.1 Discussion Guide
10.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
10.3 Available Customizations
10.4 Related Reports
10.5 Author Details
List of Tables
Table 1 LED vs Laser
Table 2 Ronja Models
Table 3 IRDA Standards
Table 4 FSO vs Other Competing Technologies
Table 5 Advantages and Limitations of FSO
Table 6 RF vs FSO for Space Programs
Table 7 Power Loss in FSO System Due to Environmental Interference
Table 8 VLC vs RF Technology
Table 9 VLC vs Wi-Fi
Table 10 FSO Market, By Application, 2015–2023 (USD Million)
Table 11 Technologies in Mobile Backhaul
Table 12 Capacity of Various Mobile Backhaul Technologies
Table 13 Advantages of FSO as Mobile Carrier Backhaul
Table 14 FSO Market for Mobile Backhaul Application, By Geography, 2015–2023 (USD Million)
Table 15 FSO Market for Enterprise Connectivity Application, By Region, 2015–2023 (USD Million)
Table 16 FSO Market for Disaster Recovery Application, By Region, 2015–2023 (USD Million)
Table 17 FSO Market for Defense Application, By Region, 2015–2023 (USD Million)
Table 18 FSO Market for Satellite Application, By Region, 2015–2023 (USD Million)
Table 19 FSO Market for Healthcare Application, By Region, 2015–2023 (USD Million)
Table 20 FSO Market for Security Application, By Region, 2015–2023 (USD Million)
Table 21 FSO Market for Engineering and Design Application, By Region, 2015–2023 (USD Million)
Table 22 FSO Market for Other Applications, By Region, 2015–2023 (USD Million)
Table 23 FSO Market, By Region, 2015–2023 (USD Million)
Table 24 FSO Market in the Americas, By Application, 2015–2023 (USD Million)
Table 25 FSO Market in Europe, By Application, 2015–2023 (USD Million)
Table 26 FSO Market in APAC, By Application, 2015–2023 (USD Million)
Table 27 FSO Market in RoW, By Application, 2015–2023 (USD Million)
Table 28 VLC Market, By Component, 2015–2023 (USD Million)
Table 29 Comparison Between LED, Incandescent, and Fluorescent Lamps
Table 30 Characteristics of Phosphorus LED
Table 31 Characteristics of RGB LED
Table 32 Characteristics of RCLED
Table 33 Characteristics of OLEDS
Table 34 VLC Market for LED, By Application, 2015–2023 (USD Million)
Table 35 Comparison Between Ccd and Cmos Sensors
Table 36 VLC Market for Photodetector, By Application, 2015–2023 (USD Million)
Table 37 VLC Market for Microcontroller, By Application, 2015–2023 (USD Million)
Table 38 VLC Market for Software, By Application, 2015–2023 (USD Million)
Table 39 VLC Market, By Transmission Type, 2015–2023 (USD Million)
Table 40 VLC Market, By Application, 2015–2023 (USD Million)
Table 41 List of Some Major Pilot Deployments of VLC in Smart Store
Table 42 VLC Market for Smart Store Application, By Component, 2015–2023 (USD Million)
Table 43 VLC Market for Smart Store Application, By Region, 2015–2023 (USD Million)
Table 44 List of Some Major Pilot Deployments of VLC in Street Lights
Table 45 VLC Market for Street Light Application, By Component, 2015–2023 (USD Million)
Table 46 VLC Market for Street Light Application, By Region, 2015–2023 (USD Million)
Table 47 VLC Market, By Consumer Electronics Application, 2015–2023 (USD Million)
Table 48 VLC Market for Consumer Electronics Application, By Component, 2015–2023 (USD Million)
Table 49 VLC Market for Consumer Electronics Application, By Region, 2015–2023 (USD Million)
Table 50 VLC Market for Residential Application, By Component, 2015–2023 (USD Million)
Table 51 VLC Market for Residential Application, By Region, 2015–2023 (USD Million)
Table 52 VLC Market for Commercial Application, By Component, 2015–2023 (USD Million)
Table 53 VLC Market for Commercial Application, By Region, 2015–2023 (USD Million)
Table 54 VLC Market for Defense and Security Application, By Component, 2015–2023 (USD Million)
Table 55 VLC Market for Defense and Security Application, By Region, 2015–2023 (USD Million)
Table 56 VLC Market, By Vehicle and Transportation Application, 2015–2023 (USD Million)
Table 57 VLC Market for Vehicle and Transportation Application, By Component, 2015–2023 (USD Million)
Table 58 VLC Market for Vehicle and Transportation Application, By Region, 2015–2023 (USD Million)
Table 59 VLC Market for Vehicle-To-Vehicle Communication Application, By Component, 2015–2023 (USD Million)
Table 60 VLC Market for Vehicle-To-Vehicle Communication Application, By Region, 2015–2023 (USD Million)
Table 61 Comparison of Position Detection With Various Technologies
Table 62 VLC Market for Location-Based Service Application, By Component, 2015–2023 (USD Million)
Table 63 VLC Market for Location-Based Service Application, By Region, 2015–2023 (USD Million)
Table 64 VLC Market for Intelligent Transportation System Application, By Component, 2015–2023 (USD Million)
Table 65 VLC Market for Intelligent Transportation System Application, By Region, 2015–2023 (USD Million)
Table 66 VLC Market for Aviation Application, By Component, 2015–2022 (USD Million)
Table 67 VLC Market for Aviation Application, By Region, 2015–2023 (USD Million)
Table 68 List of Some Major Developments of VLC in Hospitals
Table 69 VLC Market, By Hospital Application, 2015–2023 (USD Million)
Table 70 VLC Market for Hospital Application, By Component, 2015–2023 (USD Million)
Table 71 VLC Market for Hospital Application, By Region, 2015–2023 (USD Million)
Table 72 VLC Market for Asset Tracking Application, By Component, 2015–2023 (USD Million)
Table 73 VLC Market for Asset Tracking Application, By Region, 2015–2023 (USD Million)
Table 74 VLC Market for Patient Tracking Application, By Component, 2015–2023 (USD Million)
Table 75 VLC Market for Patient Tracking Application, By Region, 2015–2023 (USD Million)
Table 76 VLC Market for Data Monitoring Application, By Component, 2015–2023 (USD Million)
Table 77 VLC Market for Data Monitoring Application, By Region, 2015–2023 (USD Million)
Table 78 VLC Market for Underwater Communication Application, By Component, 2015–2023 (USD Million)
Table 79 VLC Market for Underwater Communication Application, By Region, 2015–2023 (USD Million)
Table 80 VLC Market for Hazardous Environment Application, By Component, 2015–2023 (USD Million)
Table 81 VLC Market for Hazardous Environment Application, By Region, 2015–2023 (USD Million)
Table 82 VLC Market, By Other Applications, 2015–2022 (USD Million)
Table 83 VLC Market for Other Applications, By Component, 2015–2023 (USD Million)
Table 84 VLC Market for Other Applications, By Region, 2015–2023 (USD Million)
Table 85 VLC Market for Museum Application, By Component, 2015–2023 (USD Million)
Table 86 VLC Market for Museum Application, By Region, 2015–2023 (USD Million)
Table 87 VLC Market for Digital Signage Application, By Component, 2015–2023 (USD Million)
Table 88 VLC Market for Digital Signage Application, By Region, 2015–2023 (USD Million)
Table 89 VLC Market for Hotel and Casino Application, By Component, 2015–2023 (USD Million)
Table 90 VLC Market for Hotel and Casino Application, By Region, 2015–2023 (USD Million)
Table 91 VLC Market for Logistics Application, By Component, 2015–2023 (USD Million)
Table 92 VLC Market for Logistics Application, By Region, 2015–2023 (USD Million)
Table 93 VLC Market, By Region, 2015–2023 (USD Million)
Table 94 VLC Market in the Americas, By Application, 2015–2023 (USD Million)
Table 95 VLC Market in Europe, By Application, 2015–2023 (USD Million)
Table 96 VLC Market in APAC, By Application, 2015–2023 (USD Million)
Table 97 VLC Market in RoW, By Application, 2015–2023 (USD Million)
Table 98 Ranking of Top 3 Players in the FSO Market, 2017
Table 99 Ranking of Top 5 Players in the VLC Market, 2017
Table 100 15 Most Recent Product Launches and Expansions in the VLC Market
Table 101 10 Most Recent Collaborations and Contracts in the VLC Market
Table 102 10 Most Recent Acquisitions and Partnerships in the VLC Market
List of Figures
Figure 1 FSO and VLC Market: Research Design
Figure 2 Process Flow
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown & Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 FSO Market for Healthcare Application Estimated to Grow at the Highest Rate During the Forecast Period
Figure 8 Software Component and Bidirectional Transmission Type Would Hold the Major Share of the VLC Market By 2023
Figure 9 Hazardous Environment, Hospital, and Vehicle & Transportation—Three Most Promising Applications of VLC
Figure 10 APAC to Witness Highest Growth Rate for FSO and VLC Market During the Forecast Period
Figure 11 Standardization of Technology—Need for VLC
Figure 12 Software Component Expected to Hold the Largest Share of the VLC Market During the Forecast Period
Figure 13 FSO’s Mobile Backhaul Application and VLC’s Smart Store Application to Hold the Largest Market Shares in 2018
Figure 14 Bidirectional VLC Technology Would Dominate the Market By 2023
Figure 15 Americas is Expected to Account for the Largest Share of the FSO Market in 2018
Figure 16 VLC Market in APAC is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 17 Characteristics of OWC Technologies
Figure 18 Overview of the OWC Technology
Figure 19 Ronja Device Outlook
Figure 20 FSO Provides an Alternative Solution to the Overburdened RF Technology for Outdoor Communication
Figure 21 Data Flow Process
Figure 22 Global Acceptance of Bidirectional VLC Technology By Different Industry Verticals is an Opportunity for the VLC Market
Figure 23 Value Chain Analysis: Major Value is Added During the Research, Design, and Development and Original Equipment Manufacturing Phase
Figure 24 FSO Market for Healthcare Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 25 Geographic Snapshot: FSO Market
Figure 26 Americas: Snapshot of FSO Market
Figure 27 Europe: Snapshot of FSO Market
Figure 28 APAC: Snapshot of FSO Market
Figure 29 RoW: Snapshot of FSO Market
Figure 30 Photodetector Expected to Be the Fastest-Growing Component in the VLC Market During the Forecast Period
Figure 31 Bidirectional Transmission Expected to Register A Higher Growth Rate During the Forecast Period
Figure 32 Hazardous Environment Expected to Be the Fastest-Growing Application in VLC Market During the Forecast Period
Figure 33 The VLC Market for Residential Application to Grow at the Fastest Rate During the Forecast Period
Figure 34 Vehicle-To-Vehicle Communication Application to Lead the VLC Market for Vehicle and Transportation Application During the Forecast Period
Figure 35 VLC Market for Asset Tracking Application to Grow at the Highest Rate Between 2018 and 2023
Figure 36 VLC Market for Logistics Application to Grow at the Highest Rate Between 2018 and 2023
Figure 37 Geographic Snapshot: VLC Market
Figure 38 Americas: Snapshot of VLC Market
Figure 39 Europe: Snapshot of VLC Market
Figure 40 APAC: Snapshot of VLC Market
Figure 41 RoW: Snapshot of VLC Market
Figure 42 In the VLC Market, Collaborations and Partnerships Were the Key Growth Strategies Adopted Between January 2016 and June 2018
Figure 43 Evaluation Framework: VLC Market
Figure 44 Plain Tree Systems: Company Snapshot
Figure 45 Signify Holding: Company Snapshot
Figure 46 Lucibel: Company Snapshot
Figure 47 Acuity Brands: Company Snapshot
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