Visible Light Communication

Global Market Trajectory & Analytics

MCP15521

EXECUTIVE ENGAGEMENTS

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DATE

APR 2021

TABLES

108

184

EDITION

9

PRICE

USD $4950

*Engagement stats are ongoing and dynamic

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for Visible Light Communication estimated at US$2.4 Billion in the year 2020, is projected to reach a revised size of US$111.9 Billion by 2027, growing at aCAGR of 72.9% over the period 2020-2027. Uni-directional, one of the segments analyzed in the report, is projected to record 71.9% CAGR and reach US$74.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bi-directional segment is readjusted to a revised 75.1% CAGR for the next 7-year period.

The Visible Light Communication market in the U.S. is estimated at US$743.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.2 Billion by the year 2027 trailing a CAGR of 69.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 65.4% and 62.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 49.4% CAGR.

SELECT PLAYERS

Acuity Brands Lighting Inc.; Fraunhofer HHI; Fsona Networks Corp.; General Electric Company; Ibsentelecom Ltd.; LightPointe Communications, Inc.; Lucibel SA; Lvx System; Oledcomm; Panasonic Corporation; Plaintree Systems Inc.; Purelifi Ltd.; Signify Holding; Trimble Hungary Kft. ; Wireless Excellence Limited (CableFree)

SEGMENTS

» Application (Indoor Networking, LBS, In-flight communication and entertainment, Underwater Communication) » End-Use (Retail, Hospitality, Consumer Electronics, Automotive & Transportation, Healthcare, Other End-Uses) » Transmission Type (Uni-directional, Bi-directional)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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