Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market to Reach $6.3 Billion by 2030
The global market for Free Space Optics (FSO) and Visible Light Communication (VLC) estimated at US$536.2 Million in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 36% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record a 38.6% CAGR and reach US$2.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Photo Detector segment is readjusted to a revised 36.3% CAGR for the next 8-year period.The U.S. Market is Estimated at $156.9 Million, While China is Forecast to Grow at 34.2% CAGR
The Free Space Optics (FSO) and Visible Light Communication (VLC) market in the U.S. is estimated at US$156.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 34.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 32.8% and 30.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 24.6% CAGR.Select Competitors (Total 13 Featured) -
- Fsona Networks Corp.
- General Electric Company
- Ibsentelecom Ltd.
- Koninklijke Philips NV
- Lightbee Corp.
- LightPointe Communications, Inc.
- Lvx System
- Oledcomm
- Outstanding Technology Co., Ltd.
- Panasonic Corporation
- Plaintree Systems Inc.
- Purelifi Ltd.
- Supreme Architecture
- Trimble Hungary Kft.
- Wireless Excellence Limited (CableFree)
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Fsona Networks Corp.
- General Electric Company
- Ibsentelecom Ltd.
- Koninklijke Philips NV
- Lightbee Corp.
- LightPointe Communications, Inc.
- Lvx System
- Oledcomm
- Outstanding Technology Co., Ltd.
- Panasonic Corporation
- Plaintree Systems Inc.
- Purelifi Ltd.
- Supreme Architecture
- Trimble Hungary Kft.
- Wireless Excellence Limited (CableFree)
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 182 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 536.2 Million |
Forecasted Market Value ( USD | $ 6300 Million |
Compound Annual Growth Rate | 36.1% |
Regions Covered | Global |