FSO and VLC/ Li-Fi Market Report: Trends, Forecast and Competitive Analysis to 2030

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.

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?