Visible Light Communication Technology Market Professional Survey, Global Outlook and Forecast 2023-2029
Visible light communication (VLC) is an emerging technology that intends to enable high speed internet access primarily in the indoor environment and works on the principle of intensity modulation of existing solid-state lighting infrastructure often provided by light-emitting diodes (LEDs).
This report aims to provide a comprehensive presentation of the global market for Visible Light Communication Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Visible Light Communication Technology. This report contains market size and forecasts of Visible Light Communication Technology in global, including the following market information:
Global Visible Light Communication Technology Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Visible Light Communication Technology market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Up to 1Mb/s Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Visible Light Communication Technology include GE, Philips, Panasonic, LVX System, Nakagawa Laboratories, Oledcomm, PureLiFi, Avago Technologies and Renesas Electronics, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Visible Light Communication Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Visible Light Communication Technology Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Visible Light Communication Technology Market Segment Percentages, by Type, 2022 (%)
Up to 1Mb/s
Above 1Mb/s
Global Visible Light Communication Technology Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Visible Light Communication Technology Market Segment Percentages, by Application, 2022 (%)
Underwater Communication
Hospital
Automotive And Transport
Connected Devices
In-Flight Communication/Infotainment
Light Based Internet
Others
Global Visible Light Communication Technology Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Visible Light Communication Technology Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Visible Light Communication Technology revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Visible Light Communication Technology revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
GE
Philips
Panasonic
LVX System
Nakagawa Laboratories
Oledcomm
PureLiFi
Avago Technologies
Renesas Electronics
Luciom
ByteLight
LightPointe Communications
FSONA Networks
Light Bee
Outstanding Technology
Plaintree Systems
Outline of Major Chapters:
Chapter 1: Introduces the definition of Visible Light Communication Technology, market overview.
Chapter 2: Global Visible Light Communication Technology market size in revenue.
Chapter 3: Detailed analysis of Visible Light Communication Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Visible Light Communication Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.