The global free space optics (FSO) market accounted for USD 151.01million in 2016 and is projected to grow at a CAGR of 36.1% during the forecast period of 2019 to 2026. Free space optics (FSO) is the transmission of infrared beams in order to get optical communication. It is dependent on the medium due to fog, rain, scattering, obstruction, atmospheric turbulence and many more. Visible light communication (VLC) is communication technique which consists of high bandwidth and does not have any affect from electromagnetic sources. Here, the visible spectrum is regulated to transfer data.
Major Market Drivers are as follows:
- Replacement of old technology with free space optics
- No need of licensing
- Rise in the number of space researches
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Key Market Competitors: Free Space Optics (FSO) and Visible Light Communication (VLC) Market
Few of the major competitors are fSONA Networks Corp., Trimble Hungary Kft, Lightpointe Communications, Inc., Plaintree Systems Inc., Wireless Excellence Ltd., Koninklijke Philips N.V., Panasonic Corporation., GENERAL ELECTRIC, Purelifi Ltd., Qualcomm Technologies Inc., Optelix Wireless, Axrtek,Oledcomm, Bytelight, Inc., Lightbee Corp., LVX System, Pav Data Systems Ltd., Renesas Electronics Corporation, IBSENtelecom Ltd., Outstanding Technology Corp., AOptix Technologies, Inc.and Supreme Architecture Inc. among others.
This Free Space Optics (FSO) and Visible Light Communication (VLC) Market research report makes available state-of-the-art information about the entire market along with the holistic view of the market. This Free Space Optics (FSO) and Visible Light Communication (VLC) Market research report displays a complete overview of the market, including myriad of aspects such as product definition, segmentation based on various parameters, and the existing vendor landscape. The report describes estimations about key players and brands in the market with respect to their actions such as developments, product launches, acquisitions, merges, joint ventures and competitive research.
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Market Segmentation: Free Space Optics (FSO) and Visible Light Communication (VLC) Market
On the basis of transmission type, the global visible light communication (VLC)market is segmented into unidirectional and bidirectional.
On the basis of component, the global visible light communication (VLC)market is segmented intoled, microcontroller,photodetector, software and services.
On the basis of application, the global free space optics (FSO)market is segmented intomobile backhaul, healthcare,disaster recovery, security, enterprise connectivity, engineering and design, defense and satellite.
On the basis of application, the global visible light communication (VLC)market is segmented intoStreet Lights, Consumer Electronics, Smart Store, Defense & Security, Hospital,Aviation, Transportation & Vehicle,Underwater Communication and Hazardous Environment.
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The global free space optics (FSO) and visible light communication (VLC)market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.