Global Fso And Vlc / Li-fi Market Is Anticipated To Grow At A Cagr Of 41.0% During 2024 To 2030

By Author: Lucintel LLC
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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.
Some of the key questions answered in this exclusive report are:
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?
Market Segmentation:
In this market, LED, IR emitters, opto-couplers, and image sensors are the major segments of FSO and VLC/ Li-Fi market by component.
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.
LightPointe Communications, fSONA Systems, Plaintree Systems, Panasonic Corporation, General Electric, Oledcomm, Koninklijke Philips N.V., Wireless Excellence Limited, and Signify Holding., Lucibel are the major suppliers in the FSO and VLC/ Li-Fi market.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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