Visible Light Communications (VLC) Market, Global Outlook and Forecast 2023-2030
Visible light communication (VLC) is a data communications variant which uses visible light between 400 and 800 THz (780?375 nm). VLC is a subset of optical wireless communications technologies.
This report aims to provide a comprehensive presentation of the global market for Visible Light Communications (VLC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Visible Light Communications (VLC). This report contains market size and forecasts of Visible Light Communications (VLC) in global, including the following market information:
Global Visible Light Communications (VLC) Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Visible Light Communications (VLC) market was valued at US$ 2416.9 million in 2022 and is projected to reach US$ 8507.2 million by 2029, at a CAGR of 19.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Access Points Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Visible Light Communications (VLC) include Axrtek, Avago Technologies, Casio Computer Co, Panasonic Corporation, Lvx Systems, Pure Li-Fi, Firefly Wireless Networks, Gallium Lighting and Koninklijke Philips, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Visible Light Communications (VLC) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Visible Light Communications (VLC) Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Visible Light Communications (VLC) Market Segment Percentages, by Type, 2022 (%)
Access Points
Station Points
Global Visible Light Communications (VLC) Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Visible Light Communications (VLC) Market Segment Percentages, by Application, 2022 (%)
Indoor Applications
Underwater Communications
Global Visible Light Communications (VLC) Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Visible Light Communications (VLC) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Visible Light Communications (VLC) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Visible Light Communications (VLC) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Axrtek
Avago Technologies
Casio Computer Co
Panasonic Corporation
Lvx Systems
Pure Li-Fi
Firefly Wireless Networks
Gallium Lighting
Koninklijke Philips
Nakagawa Laboratories
San?an Optoelectronics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Visible Light Communications (VLC), market overview.
Chapter 2: Global Visible Light Communications (VLC) market size in revenue.
Chapter 3: Detailed analysis of Visible Light Communications (VLC) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Visible Light Communications (VLC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.