Global Lifi (Light Fidelity) Technology Market By Component (Light Emitting Diode, Photodetector, Microcontroller, Software), Transmission Type (Unidirectional Transmission, Bidirectional Transmission), Application (Smart Store, Street Light, Consumer Electronics, Defense and Security, Vehicle and Transportation, Aviation, Hospital, Underwater Communication, Hazardous Environment, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights : Global Lifi (Light Fidelity) Technology Market
Lifi (Light Fidelity) technology market is expected to gain market growth in the forecast period of 2020 to 2027. Data bridge market research analyses that the market is expected to reach USD 18376.93 million by 2027 growing at a growth rate of 70.6% in the forecast period 2020 to 2027. The Lifi (Light Fidelity) technology market is attaining a significant growth due to factors such as need of high speed data transmission and data security will help to uplift the growth of the market.
Increasing technological superiorities over Wi-Fi technology will help to accelerate the growth of the market. Introduction of faster and safer data transfer is another factor that will increase the demand in the market. Less consumption of energy and impeding RF spectrum bandwidth crunch are the factors helping in augmenting the market growth. Rising prevalence of data security is boosting the market growth in the forecast period of 2020-2027. The emergence of internet of things and 5G technology will create new opportunities for the growth of the market. Increasing acceptance of light fidelity technology across the globe will increase the market growth in the forecast period of 2020-2027.
Limited range of communication will restrict the growth of the Lifi (Light Fidelity) technology market. Competing technology will capture the market share is another factor that decreases the demand in the market.
This Lifi (Light Fidelity) technology market report provides details of new developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research Lifi (Light Fidelity) technology market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Lifi (Light Fidelity) Technology Market Scope and Market Size
Lifi (Light Fidelity) technology market is segmented on the basis of component, by transmission type and by application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the Lifi (Light Fidelity) technology market is segmented into light emitting diode, photodetector, microcontroller and software. Light emitting diode is further segmented into phosphorus LEDs, red green blue (RGB) LEDs, resonant cavity LEDs (RCLEDS), organic LEDs (OLEDs), microlens LEDs s and near-infrared or ultraviolet LEDs. Photodetector is further divided into photodiode and image sensor. Microcontrollers are further segmented into modulation and demodulation. Modulation is sub-segmented into pulse width modulation (PWM), pulse position modulation (PPM), variable pulse position modulation (VPPM), pulse amplitude modulation (PAM), color shift keying (CSK), frequency shift keying (FSK), orthogonal frequency division multiplex (OFDM) and spatial modulation (SM). Demodulations are further sub-segmented into diode detector and synchronous detector.
- Based on transmission type, the Lifi (Light Fidelity) technology market is segmented into unidirectional and bidirectional transmission.
- The Lifi (Light Fidelity) technology market is also segmented into smart store, street light, consumer electronics, defense and security, vehicle and transportation, aviation, hospital, underwater communication, hazardous environment, others on the basis of application. Consumer electronics are further segmented into residential and commercial. Vehicle and transportation are segmented into vehicle-to-vehicle communication, location-based service and intelligent transportation system. Intelligent transportation systems are segmented into advanced traffic management system, advanced traveller information system, vehicle-to-infrastructure communications and advanced public transportation system. Hospitals are further segmented into asset tracking, patient tracking and data monitoring. Others are segmented into museum, digital signage, hotel and casino, logistics.
Lifi (Light Fidelity) Technology Market Country Level Analysis
Lifi (Light Fidelity) technology market is analysed and market size, volume information is provided by country, by component, by transmission type and by application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America dominates the Lifi (Light Fidelity) technology market due to rising advancement of infrastructure technologies such as wireless sensor control, internet of things, big data and smartphones which will uplift the growth of the market in the forecast period of 2020-2027. Asia-Pacific is expected to grow in Lifi (Light Fidelity) technology market during the forecast period because of rising expenditure on light fidelity technology and new developments in the market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Lifi (Light Fidelity) Technology Market Share Analysis
Lifi (Light Fidelity) technology market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Lifi (Light Fidelity) technology market.
The major players covered in the Lifi (Light Fidelity) technology market report are LightPointe Communications, Inc, Signify Holding, Oledcomm, LUCIBEL, pureLiFi, ACUITY BRANDS LIGHTING, INC., GENERAL ELECTRIC, LVX SYSTEM, Koninklijke Philips N.V., Velmenni OÜ, Zero1 Pte Ltd., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa, and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Lifi (Light Fidelity) Technology Market
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