The Visible Light Communication Market size is to grow at an annual average of 61% during 2022-2028. Visible light communication is an optical-based wireless communication that transmits visible light over short and long distances. The range of 400-800 THz visible light is the minimum requirement for optical transmission using fluorescent lamps at a rate of 10 Kbit / s. For short-distance transmission, light-emitting diode LEDs are used. Since light is a free source and does not physically harm the device, visible light communication attempts to bypass and eliminate the use of Bluetooth, infrared (IR), WIFI working on RF wave modules, and electromagnetic interference (EMI).
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Company Profile
- Panasonic Corp.
- Philips NV.
- Firefly Wireless Network.
- Lucibel, LVX System.
- GE Corp.
- Axrtek
Market Segmentation
By Component
- Light Emitting Diodes
- Photodetectors
- Microcontrollers
- Software and Services
By Transmission Type
- Uni-directional
- Bi-directional
By Application
- Consumer Electronics
- Defense and Security
- Transportation
- Public Infrastructure
- Life Sciences
Scope of the Report
The research study analyzes the Visible Light Communication industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Visible Light Communication Market Report
1. What was the Visible Light Communication Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Visible Light Communication Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Visible Light Communication Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Visible Light Communication market.
- The market share of the Visible Light Communication market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Visible Light Communication market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Visible Light Communication market.
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