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Free Space Optics and Visible Light Communication Market by Component, Transmission Type, Application, and Geography - Global Forecast to 2022NEW YORK, Feb. 21, 2017 /PRNewswire/ -- Licensing and faster and assurance of safer data transfer than other competing technologies drive the FSO and VLC markets, respectively" "Americas is the largest shareholder, whereas APAC would be the fastest-growing region of the FSO and VLC markets during the forecast period" The Americas held the largest share of the FSO & VLC markets in 2016 due to the huge investments in telecom infrastructure, government funding, and increasing military expenditure in FSO technology as well as the government funding and deployment of several VLC systems in the public and commercial places. However, the APAC market is expected to grow at the highest rate in the FSO market between 2017 and 2022. The increasing manufacturing facilities, advanced infrastructure, and the growing computer-aided design (CAD) industry would drive the FSO market, while the recent developments and increased expenditure on VLC-related R&D activities would drive the VLC market in APAC. The breakup of primaries conducted during the study is depicted below: By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25% By Designation: C-Level Executives – 50%, Directors – 25%, and Managers – 25% By Region: Americas – 60%, Europe – 20%, APAC – 10%, and RoW – 10% Some of the key players in the FSO market include are LightPointe Communications, Inc. (U.S.), fSONA Networks Corp. (Canada), Plaintree Systems Inc. (Canada), Wireless Excellence Ltd. (U.K.), and Trimble Hungary Kft. (Hungary), among others. The key players in the VLC market include Koninklijke Philips N.V. (Netherlands), General Electric Co. (U.S.), ByteLight, Inc. (Acuity Brands, Inc.) (U.S.), Panasonic Corp. (Japan), LVX System (U.S.), Oledcomm (France), pureLiFi Ltd. (U.K.), LightBee Corp. (Spain), Outstanding Technology Corp. (Japan), IBSENtelecom (Norway), and Supreme Architecture Inc. (U.S.), among others. Factors such as affordable extension in fiber network, increasing number of space research programs, and replacement of old technologies with FSO technology for enterprise connectivity are expected to generate opportunities for the FSO market. The factors that are expected to create opportunities for the VLC market in the near future are eth global acceptance by electronic device manufacturers, commercialization of the technology for two-way communication, government funding, and emergence of new applications such as IoT and 5G. Research Coverage: This report includes the market statistics pertaining to FSO applications and geography, and VLC component, transmission type, application, and geography, along with their respective market size. - The Porter's five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the FSO and VLC markets. - Major drivers, restraints, and opportunities for the FSO and VLC markets have been detailed in this report. - The opportunities in the market have been defined for stakeholders, along with the details of the competitive landscape for the market leaders. - The strategic profiling of the key players of the FSO and VLC markets has been provided and their market ranks and core competencies have been comprehensively analyzed. - The illustrative segmentation, analysis, and forecast for the markets on the basis of application and geography have been conducted to give an overall view of the FSO & VLC markets. Read the full report: http://www.reportlinker.com/p04710243-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/free-space-optics-and-visible-light-communication-market-by-component-transmission-type-application-and-geography---global-forecast-to-2022-300411282.html SOURCE Reportlinker |