North America Visible light communication Market is Expected to Reach $1,945.1 million in 2018 – New Report by MicroMarket Monitor | The Knowledge Dynasty

North America Visible light communication Market is Expected to Reach $1,945.1 million in 2018 – New Report by MicroMarket Monitor


(PRWEB) September 25, 2014

The North American Visible Light Communication (VLC) market report defines and segments the concerned market in North America with analysis and forecast of revenue. This market was valued at $ 93.8 million in 2013, and is expected to reach $ 1,945.1 million by 2018, at a CAGR of 83.4% from 2013 to 2018.

Browse through the TOC of the North American Visible Light Communication market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of the market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/north-america-visible-light-communication-1575294216.html

This market is segmented and forecast based on components and applications. The components segment of this market comprises Infrared (IR) Emitter, Image Sensor, Light Emitting Diode (LED), Optocouplers, and other components. The market is further segmented and forecast based on applications, that includes In flight entertainment and communication, Indoor networking, Intelligent traffic system, and Location based service.

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Visible light communication (VLC) technology is one of the advanced optical wireless communication technologies, in which light in the visible region (375nm-780nm) is used as a medium for data transfer. VLC technology uses the existing lighting infrastructure like LEDs as transmitters with a few alternatives. Using LEDs for illumination and transmission will be economical in the long run as they consume less power and are more durable as compared to the other lighting sources such as incandescent and fluorescent lamps.

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North America is a potential market for the VLC due to various initiatives taken by its government, such as ban the high power consuming incandescent bulbs and replace those with LEDs in order to lower green house gas emissions and energy use. Increased investments by the government and increasing infrastructure are some of the major drivers for North American VLC market. Countries contributing towards the VLC market of this region are the U.S., Canada, and Mexico. The major players which dominate this market are LVX System (U.S.), ByteLight (U.S.), Penguin Automated Systems Inc. (Canada), and UC-Light Center (Regents of the University of California).

This report includes market share and value chain analysis, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.

Related Reports:

Europe Visible light communication Market

Visible light communication (VLC) technology, one of the advanced optical wireless communication technologies, in which light in the visible region (375nm-780nm) is used as a medium for data transfer. This transfer of data is secure, and the data transfer rates is high as compared to conventional wireless technologies like Wi-Fi, Bluetooth, and Wimax, which use radio waves for communication. Till late 1990s, infrared spectrum was used for the communication. But in the early 2000s, researchers started using visible light from LEDs as the medium for communication. Initially, they were able to achieve network speed of about 100 Kbps. With continuous developments, VLC systems can now achieve about 800Mbps data rate for short-range communications. Many companies and research institutes are conducting research to develop and commercialize Gigabit networks for long-range communications.

Free space optics (FSO) is based on the same principle as VLC but it uses light in the infrared spectrum for communication. Invention of the RONJA device in 2001, which can achieve 10Mbps network speed over 0.87 miles, boosted the research activities in the FSO technology. FSO was initially used for outdoor communication applications. But in the recent times, indoor applications like enterprise connectivity and hospitals are emerging. FSO is expected to play a major role in enterprise connectivity especially in emerging nations like India and Brazil, where the reach of ICT and fiber connectivity is still low.

http://www.micromarketmonitor.com/market/europe-visible-light-communication-2674920293.html

Latin America Visible light communication Market

Free space optics (FSO) is based on the same principle as VLC but it uses light in the infrared spectrum for communication. Invention of the RONJA device in 2001, which can achieve 10 Mbps network speed over 0.87 miles, boosted the research activities in the FSO technology. FSO was initially used for outdoor communication applications. But in the recent times, indoor applications like enterprise connectivity and hospitals are emerging. FSO is expected to play a major role in enterprise connectivity especially in emerging nations like India and Brazil, where the reach of ICT and fiber connectivity is still low.

Reliability and network coverage are the major issues to be considered by the companies while providing VLC services. Interference from external light sources like sun light, normal bulbs, and opaque materials in the path of transmission will cause interruption in the communication. High installation cost of the VLC systems can be complemented by large-scale implementation of VLC. Adopting VLC technology will reduce further operating costs like electricity charges, and maintenance charges.

http://www.micromarketmonitor.com/market/latin-america-visible-light-communication-4746716006.html

Asia-Pacific Visible light communication Market

Reliability and network coverage are the major issues to be considered by the companies while providing VLC services. Interference from external light sources like sun light, normal bulbs, and opaque materials in the path of transmission will cause interruption in the communication. High installation cost of the VLC systems can be complemented by large-scale implementation of VLC. Adopting VLC technology will reduce further operating costs like electricity charges, and maintenance charges.

Visible light communication technology is still in the introductory phase. Indoor networking and location-based services are the only applications that have quite penetrated the market. Products for other applications (intelligent traffic management system, in-flight entertainment, and underwater communication) have hit the market by the end of 2013. VLC may be implemented as a complementary technology to the existing wireless networks. It is expected to penetrate M2M communication, smart cities, power over Ethernet (PoE), wireless sensor networks, ubiquitous networks, and augmented reality after five years.

Unlike VLC technology, FSO technology is commercialized in the market for quite some time. FSO technology is majorly used in military and aerospace applications due its secure and high speed data transmission rates. FSO is expected to be deployed in MAN (metropolitan area network), service acceleration, and last mile connectivity applications in the near future.

http://www.micromarketmonitor.com/market/asia-pacific-visible-light-communication-4236254541.html

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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