Light Fidelity (Li-Fi)/Visible Light Communication Market by Component (LED, Photo Detector, and Microcontroller), Industry Vertical (Retail, Healthcare, electronics, Automotive & Transport, Aerospace & Aviation, and Defense & security) - Global Opportunity Analysis and Industry Forecast, 2021 - 2027

ID: VPR/SEM/107 Publishing Year: June 2020 Pages: 218 Format:   


Light Fidelity (Li-Fi)/ Visible Light Communication Market was valued at $147.2 million in 2019, and is expected to reach $6.20 billion by 2027, registering a CAGR of 70.64 % from 2021 to 2027.

Light Fidelity (Li-Fi) is a visible light communication that provides wireless communication at a very high speed. The technology uses light to transmit information and data between devices. It is used environment such as hospital, airplane, shopping complex, office, and vehicle among others. Li-Fi transmits data at high speed over visible light. It uses common household LED light bulbs to enable data transfer such as LED bulbs. Li-Fi provides a higher speed than Wi-Fi.

As speed is the main and important thing in data transferring the Light Fidelity (Li-Fi) high data transmission and gives 100 times faster speed than Wi-Fi drives the market growth. It is capable of delivering 224GB data per second. The second reason that drives the Li-Fi Market is it offers better security and more range distance than Wi-Fi. Longer life span, high efficiency, and low maintenance will also aid to increase the growth of the Light Fidelity Market. Li-Fi uses visible light, and light cannot penetrate walls, the signal's range is limited by physical barriers. However, lack of awareness of the technology hinders the growth of the market. Due to the increase in internet things and rising demand for hospitals, medical centers, schools, are likely to increase growth on Light Fidelity Market.

Segment Insight:

The Light Fidelity (Li-Fi) Market is segmented on the idea of component, industry vertical. Based on components, the market is segmented into an LED, photodetector, and microcontroller (MCU). Furthermore, the market is segmented by industry verticals which include retail, electronics, defence & security, automotive & transport, aerospace & aviation, and healthcare.

By Component Type Insight:

Based on Components, the market is segmented into an LED, photodetector, and microcontroller (MCU). LED a LED may be a semiconductor light. It emits lights when current flows throw it. Photodetectors are also called as photo sensors or the sensors of sunshine. A microcontroller may be a compact microcircuit.

By Industry Vertical Type Insight:

Based on Industry Vertical Type, the market is segmented into, electronics, defence & security, automotive & transport, aerospace & aviation, and healthcare. In electronics there are indoor networking and smart streetlights. Defence & security includes military operations and under communication in the navy. Automotive and transport includes V2V communication and traffic management. Aerospace & aviation includes inflight communication and infotainment and space crafts.

Major Key Players of Light fidelity (Li-Fi)/ Visible Light Communication Market:

Renesas Electronics Corporation, Oledcomm S.A.S, Qualcomm Incorporated, Panasonic Corporation, LVX Minnesota Corporation, PureLifi Ltd, Koninklijke Philips N.V., Lucibel, Velmenni, Integrated System Technologies Ltd. Most of the key players in the electric vehicle market are focusing on business expansion to gain a higher revenue share through the adoption of strategies, such as mergers and acquisitions and new product development.

Light Fidelity (Li-Fi)/ Visible Light Communication Market Key Segments:

BY Component:

  • LED 
  • Photodetectors 
  • Microcontrollers (MCU)

BY Industry Vertical:

  • Retail
  • Electronics
    • Indoor networking
    • Smart streetlights
  • Defense & Security
    • Military operations
    • Underwater communication in navy
  • Automotive & Transport
    • V2V communications
    • Traffic management
  • Aerospace & Aviation
    • Inflight communication and infotainment
    • Space crafts
  • Healthcare
  • Others (Mining and Chemical)

By Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Turkey
    • South Africa
    • Rest of LAMEA

 

 

 



Frequently Asked Questions
The Light Fidelity (Li-Fi) Market is expected to reach $6.20 billion by 2027, registering a CAGR of 70.64 % from 2020 to 2027.
Renesas Electronics Corporation, Oledcomm S.A.S, Qualcomm Incorporated, Panasonic Corporation, LVX Minnesota Corporation, PureLifi Ltd, Koninklijke Philips N.V., Lucibel, Velmenni, Integrated System Technologies Ltd are the major key players if Light Fidelity (LiFi)/ Visible Light Communication Market.
LED is the leading Type Segment in the Light Fidelity (Li-Fi)/ Visible Light Communication Market.
The speed, range and security factors driving the Light Fidelity (Li-Fi)/ Visible Light Communication Market.
NORTH AMERICA.

TABLE OF CONTENTS:

CHAPTER 1 MARKET INTRODUCTION

1.1. REPORT OVERVIEW

1.2. SCOPE OF THE STUDY

1.3. PRIMARY MARKET SEGMENTS

1.4. RESEARCH METHODOLOGY

CHAPTER 2 EXECUTIVE SUMMARY

2.1. C-LEVEL EXECUTIVE’S OVERVIEW AND PERSPECTIVES

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. PRINCIPAL FINDINGS

3.2.1. Key investment pockets

3.2.2. Leading winning strategies

  3.2.3 Key Player Positioning

3.3. PORTERS FIVE FORCES OF COMPETITIVE ANALYSIS

 3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Opportunities

3.4.4. Impact Analysis

3.5. IMPACT OF COVID-19 ON THIS MARKET

CHAPTER 4 LIGHT FIDELITY (Li-Fi) MARKET, BY COMPONENT

4.1. SYNOPSIS

4.1.1. Market Size and Forecast

4.2. LED

4.2.1. Key Market Trends

4.2.2. Growth Factors and Opportunities

4.2.3. Market Size and Forecast

4.3. PHOTODETECTORS

4.3.1. Key market trends

4.3.2. Growth factors and opportunities

4.3.3. Market size and forecast

4.4. MICROCONTROLLER

4.4.1. Key market trends

4.4.2. Growth factors and opportunities

4.4.3. Market size and forecast

CHAPTER 5, LIGHT FIDELITY (Li-Fi) MARKET BY INDUSTRY VERTICAL

5.1. RETAIL

5.1.1. Market size and forecast

5.1.2. Growth factors and opportunities

5.1.3. Market size and forecast

5.2. ELECTRONICS

5.2.1. Key market trends

5.2.2. Growth factors and opportunities

5.2.3. Market size and forecast

5.3. DEFENCE & SECURITY

5.3.1. Key market trends

5.3.2. Growth factors and opportunities

5.3.3. Market size and forecast

5.4. AUTOMOTIVE & TRANSPORT

5.4.1. Key market trends

5.4.2. Growth factors and opportunities

5.4.3. Market size and forecast

 5.5. AEROSPACE & AVAITION

5.5.1. Key market trends

5.5.2. Growth factors and opportunities

5.5.3. Market size and forecast

5.6. HEALTHCARE

5.6.1. Key market trends

5.6.2. Growth factors and opportunities

5.6.3. Market size and forecast

5.7. OTHER

5.7.1. Key market trends

5.7.2. Growth factors and opportunities

5.7.3. Market size and forecast

CHAPTER 6 LIGHT FEDELITY (LiFi) MARKET, BY REGION

6.1 SYNOPSIS

6.2 North America

6.2.1 Key market trends

6.2.2 Competitive scenario

6.2.3 Key growth factors and opportunities

6.2.4 Market size and forecast

6.3 Europe

6.3.1 Key market trends

6.3.2 Competitive scenario

6.3.3 Key growth factors and opportunities

6.3.4 Market size and forecast

6.4 Asia Pacific

6.4.1 Key market trends

6.4.2 Competitive scenario

6.4.3 Key growth factors and opportunities

6.4.4 Market size and forecast

6.5 LAMEA

6.5.1 Key market trends

6.5.2 Key growth factors and opportunities

6.5.3 Market size and forecast

CHAPTER 7 COMPANY PROFILES

7.1. Renesas Electronics Corporation.

7.1.1. Company overview

7.1.2. Company snapshot

7.1.3. Product portfolio

7.1.4. Business performance

7.1.5. Key strategic moves and developments

7.2. Oledcomm S.A.S.

7.2.1. Company overview

7.2.2. Company snapshot

7.2.3. Operating business segments

7.2.4. Product portfolio

7.2.5. Business performance

7.2.6. Key strategic moves and developments

7.3. Qualcomm Incorporated.

7.3.1. Company overview

7.3.2. Company snapshot

7.3.3. Operating business segments

7.3.4. Product portfolio

7.3.5. Business performance

7.3.6. Key strategic moves and developments

7.4. Panasonic Corporation.

7.4.1. Company overview

7.4.2. Company snapshot

7.4.3. Operating business segments

7.4.4. Product portfolio

7.4.5. Business performance

7.4.6. Key strategic moves and developments

7.5. LVX Minnesota Corporation.

7.5.1. Company overview

7.5.2. Company snapshot

7.5.3. Operating business segments

7.5.4. Product portfolio

7.5.5. Business performance

7.5.6. Key strategic moves and developments

7.6. PureLifi Ltd.

7.6.1. Company overview

7.6.2. Company Snapshot

7.6.3. Operating business segments

7.6.4. Product portfolio

7.6.5. Business performance

7.6.6. Key strategic moves and developments

7.7 Koninklijke Philips N.V.

7.7.1. Company overview

7.7.2. Company snapshot

7.7.3. Operating business segments

7.7.4. Product portfolio

7.7.5. Business performance

7.7.6. Key strategic moves and developments

7.8 Lucibel.

7.8.1. Company overview

7.8.2. Company snapshot

7.8.3. Operating business segments

7.8.4. Product portfolio

7.8.5. Business performance

7.8.6. Key strategic moves and developments

7.9. Velmenni.

7.9.1. Company overview

7.9.2. Company snapshot

7.9.3. Operating business segments

7.9.4. Product portfolio

7.9.5. Business performance

7.9.6. Key strategic moves and developments

7.10. Integrated System Technologies Ltd.

7.10.1. Company overview

7.10.2. Company snapshot

7.10.3. Product portfolio

7.10.4. Key strategic moves and developments

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