Visible Light Communication (VLC) is an emerging technology that uses visible light (which lies between 400 and 800 THz of electromagnetic spectrum) as a communication medium. VLC technology uses Light Emitting Diodes (LEDs) from a variety of sources such as indoor and outdoor lighting, monitors, illuminated signs, toys, televisions and other consumer electronics devices for communication purpose. Communication/data transfer is achieved through switching on and off of LEDs in wide range of applications.
According to the report, one driver in market is availability of greater bandwidth. With an enhanced lighting technology, VLC will offer a much greater bandwidth. The illumination LEDs that are currently in use are designed to be of low bandwidth, as they are supposed to deliver a constant illumination at high power. Nevertheless, the sector is moving toward RGB, where each individual channel has a higher bandwidth. One can also add several different colors to multiplex that is over different channels. For instance, laser LEDs are incorporated in BMW i8 headlights to have a very long range communication, and these have even higher bandwidths.The bandwidth frequency spectrum offered by visible light is larger than that offered by RF bandwidth. VLC bandwidth ranges from 400 THz to 800 THz, and RF frequency offers a bandwidth range from 3 kHz to 300 GHz.
The Visible Light Communication market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Visible Light Communication.
This report presents the worldwide Visible Light Communication market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Visible Light Communication Breakdown Data by Type
Up to 1Mb/s
Visible Light Communication Breakdown Data by Application
Retail Indoor Positioning
Automotive And Transport
Light Based Internet
Visible Light Communication Production by Region
Visible Light Communication Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Visible Light Communication status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Visible Light Communication manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Visible Light Communication :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Visible Light Communication market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.