PUBLISHER: KBV Research | PRODUCT CODE: 1245452
PUBLISHER: KBV Research | PRODUCT CODE: 1245452
Asia Pacific Light Fidelity Market Size, Share & Industry Trends Analysis Report By Component, By End-Use (Healthcare, Retail, Education, Aerospace & Defense, Automotive, Government, Transportation), By Country and Growth Forecast, 2022 - 2028
The Asia Pacific Light Fidelity Market would witness market growth of 47.3% CAGR during the forecast period (2022-2028).
Li-Fi technology is able to give businesses and corporate offices more specialized network access. Network connectivity can be managed more successfully in various locations with various lighting. For instance, overhead desk lighting can give users access to particular business networks and systems. But guest networks can be accessed in other workplace locations owing to overhead illumination. Corporate offices may have more control over the use of their networks, which would consequently increase security.
Furthermore, as this technology does not rely on RF waves, it is appropriate for locations with weak RF spectrum signals and restricted access to radio frequency. Several end-use industries, including those in the automobile, healthcare, retail, aerospace & defense, government, education, and transportation, can benefit from Li-Fi technology.
To obtain a competitive edge in the industry, many important firms, as well as communication service providers (CSP), are concentrating on providing improved and advanced Li-Fi solutions. To meet the growing customer demand, key companies are increasingly concentrating on R&D expenditures in the market. Additionally, the growing customer preference for VLC technologies and smart cities is anticipated to offer a wide range of growth prospects for new market participants.
The region is investing heavily in technology to upgrade its internet network, which offers tremendous opportunities for market participants. Li-Fi competes with Wi-Fi in this region, where Wi-Fi is crucial to modernizing the region's digital economy. According to some local industry experts, installing Li-Fi in conjunction with Wi-Fi can offer extra bandwidth to reduce network congestion and speed up streaming and downloading. Furthermore, compared to the average Chinese internet connection, a high-quality VLC system would be quicker and less expensive. For this reason, the government of China has been funding research and development of Li-Fi technology. Each of these drivers will contribute to the regional light fidelity market's expansion throughout the forecasted period.
The China market dominated the Asia Pacific Light Fidelity Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $286.5 million by 2028. The Japan market is experiencing a CAGR of 46.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 48.2% during (2022 - 2028).
Based on Component, the market is segmented into LED, Microcontrollers, Photodetector, and Others. Based on End-Use, the market is segmented into Healthcare, Retail, Education, Aerospace & Defense, Automotive, Government, Transportation, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Holdings Corporation, Signify N.V., Renesas Electronics Corporation, Wipro Lighting (Wipro Enterprises Private Limited), pureLiFi Limited, Oledcomm, VLNComm, Velmenni, LiFiComm Tech, and Lucibel SA.
Scope of the Study
Market Segments covered in the Report:
By Component
- LED
- Microcontrollers
- Photodetector
- Others
By End-Use
- Healthcare
- Retail
- Education
- Aerospace & Defense
- Automotive
- Government
- Transportation
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Panasonic Holdings Corporation
- Signify N.V.
- Renesas Electronics Corporation
- Wipro Lighting (Wipro Enterprises Private Limited)
- pureLiFi Limited
- Oledcomm
- VLNComm
- Velmenni
- LiFiComm Tech
- Lucibel SA
Unique Offerings from KBV Research
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- Highest number of market tables and figures
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- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Light Fidelity Market, by Component
- 1.4.2 Asia Pacific Light Fidelity Market, by End-Use
- 1.4.3 Asia Pacific Light Fidelity Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Asia Pacific Light Fidelity Market by Component
- 3.1 Asia Pacific LED Market by Country
- 3.2 Asia Pacific Microcontrollers Market by Country
- 3.3 Asia Pacific Photodetector Market by Country
- 3.4 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Light Fidelity Market by End-use
- 4.1 Asia Pacific Healthcare Market by Country
- 4.2 Asia Pacific Retail Market by Country
- 4.3 Asia Pacific Education Market by Country
- 4.4 Asia Pacific Aerospace & Defense Market by Country
- 4.5 Asia Pacific Automotive Market by Country
- 4.6 Asia Pacific Government Market by Country
- 4.7 Asia Pacific Transportation Market by Country
- 4.8 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Light Fidelity Market by Country
- 5.1 China Light Fidelity Market
- 5.1.1 China Light Fidelity Market by Component
- 5.1.2 China Light Fidelity Market by End-use
- 5.2 Japan Light Fidelity Market
- 5.2.1 Japan Light Fidelity Market by Component
- 5.2.2 Japan Light Fidelity Market by End-use
- 5.3 India Light Fidelity Market
- 5.3.1 India Light Fidelity Market by Component
- 5.3.2 India Light Fidelity Market by End-use
- 5.4 South Korea Light Fidelity Market
- 5.4.1 South Korea Light Fidelity Market by Component
- 5.4.2 South Korea Light Fidelity Market by End-use
- 5.5 Singapore Light Fidelity Market
- 5.5.1 Singapore Light Fidelity Market by Component
- 5.5.2 Singapore Light Fidelity Market by End-use
- 5.6 Malaysia Light Fidelity Market
- 5.6.1 Malaysia Light Fidelity Market by Component
- 5.6.2 Malaysia Light Fidelity Market by End-use
- 5.7 Rest of Asia Pacific Light Fidelity Market
- 5.7.1 Rest of Asia Pacific Light Fidelity Market by Component
- 5.7.2 Rest of Asia Pacific Light Fidelity Market by End-use
Chapter 6. Company Profiles
- 6.1 Panasonic Holdings Corporation
- 6.1.1 Company Overview
- 6.1.2 Financial Analysis
- 6.1.3 Segmental and Regional Analysis
- 6.1.4 Research & Development Expense
- 6.1.5 SWOT Analysis
- 6.2 Signify N.V.
- 6.2.1 Company Overview
- 6.2.2 Financial Analysis
- 6.2.3 Segmental and Regional Analysis
- 6.2.4 Research & Development Expense
- 6.3 Renesas Electronics Corporation
- 6.3.1 Company Overview
- 6.3.2 Financial Analysis
- 6.3.3 Segmental and Regional Analysis
- 6.3.4 Research & Development Expense
- 6.4 Wipro Lighting (Wipro Enterprises Private Limited)
- 6.4.1 Company Overview
- 6.4.2 Financial Analysis
- 6.4.3 Segmental and Regional Analysis
- 6.5 pureLiFi Limited
- 6.5.1 Company Overview
- 6.6 Oledcomm
- 6.6.1 Company Overview
- 6.7 VLNComm
- 6.7.1 Company Overview
- 6.8 Velmenni
- 6.8.1 Company Overview
- 6.9 LiFiComm Tech
- 6.9.1 Company Overview
- 6.10. Lucibel SA
- 6.10.1 Company Overview
LIST OF TABLES
- TABLE 1 Asia Pacific Light Fidelity Market, 2018 - 2021, USD Million
- TABLE 2 Asia Pacific Light Fidelity Market, 2022 - 2028, USD Million
- TABLE 3 Asia Pacific Light Fidelity Market by Component, 2018 - 2021, USD Million
- TABLE 4 Asia Pacific Light Fidelity Market by Component, 2022 - 2028, USD Million
- TABLE 5 Asia Pacific LED Market by Country, 2018 - 2021, USD Million
- TABLE 6 Asia Pacific LED Market by Country, 2022 - 2028, USD Million
- TABLE 7 Asia Pacific Microcontrollers Market by Country, 2018 - 2021, USD Million
- TABLE 8 Asia Pacific Microcontrollers Market by Country, 2022 - 2028, USD Million
- TABLE 9 Asia Pacific Photodetector Market by Country, 2018 - 2021, USD Million
- TABLE 10 Asia Pacific Photodetector Market by Country, 2022 - 2028, USD Million
- TABLE 11 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
- TABLE 12 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
- TABLE 13 Asia Pacific Light Fidelity Market by End-use, 2018 - 2021, USD Million
- TABLE 14 Asia Pacific Light Fidelity Market by End-use, 2022 - 2028, USD Million
- TABLE 15 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Million
- TABLE 16 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Million
- TABLE 17 Asia Pacific Retail Market by Country, 2018 - 2021, USD Million
- TABLE 18 Asia Pacific Retail Market by Country, 2022 - 2028, USD Million
- TABLE 19 Asia Pacific Education Market by Country, 2018 - 2021, USD Million
- TABLE 20 Asia Pacific Education Market by Country, 2022 - 2028, USD Million
- TABLE 21 Asia Pacific Aerospace & Defense Market by Country, 2018 - 2021, USD Million
- TABLE 22 Asia Pacific Aerospace & Defense Market by Country, 2022 - 2028, USD Million
- TABLE 23 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
- TABLE 24 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
- TABLE 25 Asia Pacific Government Market by Country, 2018 - 2021, USD Million
- TABLE 26 Asia Pacific Government Market by Country, 2022 - 2028, USD Million
- TABLE 27 Asia Pacific Transportation Market by Country, 2018 - 2021, USD Million
- TABLE 28 Asia Pacific Transportation Market by Country, 2022 - 2028, USD Million
- TABLE 29 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
- TABLE 30 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
- TABLE 31 Asia Pacific Light Fidelity Market by Country, 2018 - 2021, USD Million
- TABLE 32 Asia Pacific Light Fidelity Market by Country, 2022 - 2028, USD Million
- TABLE 33 China Light Fidelity Market, 2018 - 2021, USD Million
- TABLE 34 China Light Fidelity Market, 2022 - 2028, USD Million
- TABLE 35 China Light Fidelity Market by Component, 2018 - 2021, USD Million
- TABLE 36 China Light Fidelity Market by Component, 2022 - 2028, USD Million
- TABLE 37 China Light Fidelity Market by End-use, 2018 - 2021, USD Million
- TABLE 38 China Light Fidelity Market by End-use, 2022 - 2028, USD Million
- TABLE 39 Japan Light Fidelity Market, 2018 - 2021, USD Million
- TABLE 40 Japan Light Fidelity Market, 2022 - 2028, USD Million
- TABLE 41 Japan Light Fidelity Market by Component, 2018 - 2021, USD Million
- TABLE 42 Japan Light Fidelity Market by Component, 2022 - 2028, USD Million
- TABLE 43 Japan Light Fidelity Market by End-use, 2018 - 2021, USD Million
- TABLE 44 Japan Light Fidelity Market by End-use, 2022 - 2028, USD Million
- TABLE 45 India Light Fidelity Market, 2018 - 2021, USD Million
- TABLE 46 India Light Fidelity Market, 2022 - 2028, USD Million
- TABLE 47 India Light Fidelity Market by Component, 2018 - 2021, USD Million
- TABLE 48 India Light Fidelity Market by Component, 2022 - 2028, USD Million
- TABLE 49 India Light Fidelity Market by End-use, 2018 - 2021, USD Million
- TABLE 50 India Light Fidelity Market by End-use, 2022 - 2028, USD Million
- TABLE 51 South Korea Light Fidelity Market, 2018 - 2021, USD Million
- TABLE 52 South Korea Light Fidelity Market, 2022 - 2028, USD Million
- TABLE 53 South Korea Light Fidelity Market by Component, 2018 - 2021, USD Million
- TABLE 54 South Korea Light Fidelity Market by Component, 2022 - 2028, USD Million
- TABLE 55 South Korea Light Fidelity Market by End-use, 2018 - 2021, USD Million
- TABLE 56 South Korea Light Fidelity Market by End-use, 2022 - 2028, USD Million
- TABLE 57 Singapore Light Fidelity Market, 2018 - 2021, USD Million
- TABLE 58 Singapore Light Fidelity Market, 2022 - 2028, USD Million
- TABLE 59 Singapore Light Fidelity Market by Component, 2018 - 2021, USD Million
- TABLE 60 Singapore Light Fidelity Market by Component, 2022 - 2028, USD Million
- TABLE 61 Singapore Light Fidelity Market by End-use, 2018 - 2021, USD Million
- TABLE 62 Singapore Light Fidelity Market by End-use, 2022 - 2028, USD Million
- TABLE 63 Malaysia Light Fidelity Market, 2018 - 2021, USD Million
- TABLE 64 Malaysia Light Fidelity Market, 2022 - 2028, USD Million
- TABLE 65 Malaysia Light Fidelity Market by Component, 2018 - 2021, USD Million
- TABLE 66 Malaysia Light Fidelity Market by Component, 2022 - 2028, USD Million
- TABLE 67 Malaysia Light Fidelity Market by End-use, 2018 - 2021, USD Million
- TABLE 68 Malaysia Light Fidelity Market by End-use, 2022 - 2028, USD Million
- TABLE 69 Rest of Asia Pacific Light Fidelity Market, 2018 - 2021, USD Million
- TABLE 70 Rest of Asia Pacific Light Fidelity Market, 2022 - 2028, USD Million
- TABLE 71 Rest of Asia Pacific Light Fidelity Market by Component, 2018 - 2021, USD Million
- TABLE 72 Rest of Asia Pacific Light Fidelity Market by Component, 2022 - 2028, USD Million
- TABLE 73 Rest of Asia Pacific Light Fidelity Market by End-use, 2018 - 2021, USD Million
- TABLE 74 Rest of Asia Pacific Light Fidelity Market by End-use, 2022 - 2028, USD Million
- TABLE 75 Key Information - Panasonic Holdings Corporation
- TABLE 76 Key Information - Signify N.V.
- TABLE 77 key information - Renesas Electronics Corporation
- TABLE 78 Key Information - Wipro Lighting
- TABLE 79 Key Information - pureLiFi Limited
- TABLE 80 Key Information - Oledcomm
- TABLE 81 Key Information - VLNComm
- TABLE 82 Key Information - Velmenni
- TABLE 83 Key Information - LiFiComm Tech
- TABLE 84 Key Information - Lucibel SA
List of Figures
- FIG 1 Methodology for the research
- FIG 2 SWOT Analysis: Panasonic Holdings Corporation
