Visible Light Communication Market size is expected to reach nearly US $ 9110.13 Mn by 2030 with the CAGR of 32.17% during the forecast period.Visible Light Communication Market Overview:
Visible Light Communication (VLC) systems are used for creating ultra-high-speed, secure, and biologically friendly communication networks that permit the formation and expansion of unified computing applications. Such systems use modified light wavelengths emitted by a variety of sources, such as outdoor and indoor illumination, signals, display boards, televisions, computer screens, digital cameras and digital cameras on mobile phones for communication purposes, primarily through the use of Light Emitting Diodes (LEDs).To know about the Research Methodology :- Request Free Sample Report Visible light communication will exclude the need for other wireless technologies, such as Infrared (IR), Bluetooth and Wi-Fi which emit Electromagnetic interference (EMI) and RF waves that are harmful to not just instruments/devices but humans too. Thus, market is in exponential growing phase and estimated to grow with high CAGR of xx.xx% worldwide in forecast period. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Visible Light Communication Market Dynamics:
The major driving factor behind the growth of the high-speed Visible light communication (VLC) is the rapidly growing presence of LEDs in almost every signaling or lighting thing. LED bulbs can transmit at high speeds that were not possible with conventional light bulb technologies such as fluorescent and incandescent lights. Thus, there would be boom of new energy-efficient lighting installations in the forecasted period, which majorly would be of LED-based. According to global research, the LED base in the lighting market is likely to reach 67% worldwide in 2023. Hence this would bring the high growth in the forecasted period 2024-2030 Growing popularity and utilization of wireless applications is another important driver for Visible light communication (VLC) systems. The problem of bottleneck of the radio spectrum used by Wi-Fi and cellular radio systems is additionally demanding the investments for the development of the market for Visible light communication (VLC). Moreover, technology advancements addressing challenges, like, reliability and network coverage issues, line of sight (LOS) requirements and complexities in system setup would further increase the popularity and adoption of VLC technology. Yet, lack of awareness about VLC technology may impact adversely to the growth of the visible light communication market. Since the advancements in the technology are consistently happening, which are expected to open up new opportunities for the application of this technology, in the forecasted period.Visible Light Communication Key Market Trends:
Automotive and Transportation Segment Expected to Witness a Significant Growth
The increasing population and vehicles on the road creating tremendous challenges for the traffic management. The volume of data transmitted through Wi-Fi on the street is neither sufficient nor secure for efficient management. On other hand of traffic management, an encouraging application for VLC is in vehicle-to-vehicle and vehicle-to-infrastructure communication. As traffic lights use LED lighting, it is an emerging opportunity in traffic management systems, like roadside lights and traffic signals using VLC. For instance, street lights interconnecting with a walker’s VLC-equipped smartphone can control vehicle traffic, allowing walkers to cross a street. Most car headlights and tail lights are being replaced with LEDs. VLC can transform these LEDs for car-to-car communication. This influence can improve anti-collision systems and enable the range information exchange between vehicles. Conversely, the efficiency of these intelligent traffic systems may be affected due to noise, which may impact the adoption rate of VLC systems.North America to Account for the Largest Market Share
Advanced technological solutions, such as artificial intelligence, sustainable energy projects, big data analytics and the increasing investment in R&D of the sector drives the VLC market growth of the North America. The United States is the most prominent market for VLC technology, along with rapidly emerging 5G technology to increase market share with huge investments by key players of the wireless and internet service providers. The lighting industry is taking on new business opportunities through VLC, as data transmission rules all the major sectors in the United States, with the government sector as well. The United States is one of the high capacity and provides the super-fast broadband networks, which boost the adoption of VLC opportunities.Visible Light Communication Market Objective of the Report:
The objective of the report is to present a comprehensive analysis of the Global Visible Light Communication Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Visible Light Communication Market dynamics, structure by analyzing the market segments and project the Global Visible Light Communication Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Visible Light Communication Market make the report investor’s guide.Scope of the Global Visible Light Communication Market Report: Inquire before buying
Global Visible Light Communication Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 1292.98 Mn. Forecast Period 2024 to 2030 CAGR: 32.17% Market Size in 2030: US $ 9110.13 Mn. Segments Covered: by Component LEDs (Light Emitting Diodes) Photo Detector Microcontroller Software and Services by Transmission Type Unidirectional Bidirectional by Application Consumer Electronics Automotive Infrastructure Defense Security Life Sciences Visible Light Communication Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Visible Light Communication Market, Key Players are
1. LVX System 2. Panasonic Corporation 3. Lucibel SA 4. Koninklijke Philips NV 5. Firefly Wireless Networks LLC 6. Bytelight Inc. 7. Purelifi Ltd 8. Oledcomm 9. Outstanding Technology Co. Ltd 10. Axrtek Company 11. Firefly Wireless Networks LLC 12. General Electric Company 13. Toshiba Corporation 14. NEC Corporation 15. Samsung Electronics Co. Ltd. 16. fSONA Networks 17. Nitto Denko Corporation 18. Casio Computer Co. Ltd. 19. Qualcomm Inc. 20. Fujitsu Ltd.Frequently Asked Questions:
1. Which region has the largest share in Global Visible Light Communication Market? Ans: North America region holds the highest share in 2023. 2. What is the growth rate of Global Visible Light Communication Market? Ans: The Global Visible Light Communication Market is growing at a CAGR of 32.17% during forecasting period 2024-2030 3. What is scope of the Global Visible Light Communication market report? Ans: Global Visible Light Communication Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global market? Ans: The important key players in the Global Visible Light Communication Market are – LVX System, Panasonic Corporation, Lucibel SA, Koninklijke Philips NV, Firefly Wireless Networks LLC, Bytelight Inc., Purelifi Ltd, Oledcomm, Outstanding Technology Co. Ltd, Axrtek Company, Firefly Wireless Networks LLC, General Electric Company, Toshiba Corporation, NEC Corporation, Samsung Electronics Co. Ltd., fSONA Networks, Nitto Denko Corporation, Casio Computer Co. Ltd., Qualcomm Inc., and Fujitsu Ltd. 5. What is the study period of this market? Ans: The Global Visible Light Communication Market is studied from 2023 to 2030
Global Visible Light Communication Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Visible Light Communication Market Size, By Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Visible Light Communication Market Analysis and Forecast 6.1. Global Visible Light Communication Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Visible Light Communication Market Analysis and Forecast, By Component 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Visible Light Communication Market Value Share Analysis, By Component 7.4. Global Visible Light Communication Market Size (US$ Bn) Forecast, By Component 7.5. Global Visible Light Communication Market Analysis, By Component 7.6. Global Visible Light Communication Market Attractiveness Analysis, By Component 8. Global Visible Light Communication Market Analysis and Forecast, By Transmission Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Visible Light Communication Market Value Share Analysis, By Transmission Type 8.4. Global Visible Light Communication Market Size (US$ Bn) Forecast, By Transmission Type 8.5. Global Visible Light Communication Market Analysis, By Transmission Type 8.6. Global Visible Light Communication Market Attractiveness Analysis, By Transmission Type 9. Global Visible Light Communication Market Analysis and Forecast, By Application 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Visible Light Communication Market Value Share Analysis, By Application 9.4. Global Visible Light Communication Market Size (US$ Bn) Forecast, By Application 9.5. Global Visible Light Communication Market Analysis, By Application 9.6. Global Visible Light Communication Market Attractiveness Analysis, By Application 10. Global Visible Light Communication Market Analysis, By Region 10.1. Global Visible Light Communication Market Value Share Analysis, By Region 10.2. Global Visible Light Communication Market Size (US$ Bn) Forecast, By Region 10.3. Global Visible Light Communication Market Attractiveness Analysis, By Region 11. North America Visible Light Communication Market Analysis 11.1. Key Findings 11.2. North America Visible Light Communication Market Overview 11.3. North America Visible Light Communication Market Value Share Analysis, By Component 11.4. North America Visible Light Communication Market Forecast, By Component 11.4.1. LEDs (Light Emitting Diodes) 11.4.2. Photo Detector 11.4.3. Microcontroller 11.4.4. Software and Services 11.5. North America Visible Light Communication Market Value Share Analysis, By Transmission Type 11.6. North America Visible Light Communication Market Forecast, By Transmission Type 11.6.1. Unidirectional 11.6.2. Bidirectional 11.7. North America Visible Light Communication Market Value Share Analysis, By Application 11.8. North America Visible Light Communication Market Forecast, By Application 11.8.1. Consumer Electronics 11.8.2. Automotive 11.8.3. Infrastructure 11.8.4. Defense 11.8.5. Security 11.8.6. Life Sciences 11.9. North America Visible Light Communication Market Value Share Analysis, By Country 11.10. North America Visible Light Communication Market Forecast, By Country 11.10.1. U.S. 11.10.2. Canada 11.11. North America Visible Light Communication Market Analysis, By Country 11.12. U.S. Visible Light Communication Market Forecast, By Component 11.12.1. LEDs (Light Emitting Diodes) 11.12.2. Photo Detector 11.12.3. Microcontroller 11.12.4. Software and Services 11.13. U.S. Visible Light Communication Market Forecast, By Transmission Type 11.13.1. Unidirectional 11.13.2. Bidirectional 11.14. U.S. Visible Light Communication Market Forecast, By Application 11.14.1. Consumer Electronics 11.14.2. Automotive 11.14.3. Infrastructure 11.14.4. Defense 11.14.5. Security 11.14.6. Life Sciences 11.15. Canada Visible Light Communication Market Forecast, By Component 11.15.1. LEDs (Light Emitting Diodes) 11.15.2. Photo Detector 11.15.3. Microcontroller 11.15.4. Software and Services 11.16. Canada Visible Light Communication Market Forecast, By Transmission Type 11.16.1. Unidirectional 11.16.2. Bidirectional 11.17. Canada Visible Light Communication Market Forecast, By Application 11.17.1. Consumer Electronics 11.17.2. Automotive 11.17.3. Infrastructure 11.17.4. Defense 11.17.5. Security 11.17.6. Life Sciences 11.18. North America Visible Light Communication Market Attractiveness Analysis 11.18.1. By Component 11.18.2. By Transmission Type 11.18.3. By Application 11.19. PEST Analysis 11.20. Key Trends 11.21. Key Developments 12. Europe Visible Light Communication Market Analysis 12.1. Key Findings 12.2. Europe Visible Light Communication Market Overview 12.3. Europe Visible Light Communication Market Value Share Analysis, By Component 12.4. Europe Visible Light Communication Market Forecast, By Component 12.4.1. LEDs (Light Emitting Diodes) 12.4.2. Photo Detector 12.4.3. Microcontroller 12.4.4. Software and Services 12.5. Europe Visible Light Communication Market Value Share Analysis, By Transmission Type 12.6. Europe Visible Light Communication Market Forecast, By Transmission Type 12.6.1. Unidirectional 12.6.2. Bidirectional 12.7. Europe Visible Light Communication Market Value Share Analysis, By Application 12.8. Europe Visible Light Communication Market Forecast, By Application 12.8.1. Consumer Electronics 12.8.2. Automotive 12.8.3. Infrastructure 12.8.4. Defense 12.8.5. Security 12.8.6. Life Sciences 12.9. Europe Visible Light Communication Market Value Share Analysis, By Country 12.10. Europe Visible Light Communication Market Forecast, By Country 12.10.1. Germany 12.10.2. U.K. 12.10.3. France 12.10.4. Italy 12.10.5. Spain 12.10.6. Rest of Europe 12.11. Europe Visible Light Communication Market Analysis, By Country 12.12. Germany Visible Light Communication Market Forecast, By Component 12.12.1. LEDs (Light Emitting Diodes) 12.12.2. Photo Detector 12.12.3. Microcontroller 12.12.4. Software and Services 12.13. Germany Visible Light Communication Market Forecast, By Transmission Type 12.13.1. Unidirectional 12.13.2. Bidirectional 12.14. Germany Visible Light Communication Market Forecast, By Application 12.14.1. Consumer Electronics 12.14.2. Automotive 12.14.3. Infrastructure 12.14.4. Defense 12.14.5. Security 12.14.6. Life Sciences 12.15. U.K. Visible Light Communication Market Forecast, By Component 12.15.1. LEDs (Light Emitting Diodes) 12.15.2. Photo Detector 12.15.3. Microcontroller 12.15.4. Software and Services 12.16. U.K. Visible Light Communication Market Forecast, By Transmission Type 12.16.1. Unidirectional 12.16.2. Bidirectional 12.17. U.K. Visible Light Communication Market Forecast, By Application 12.17.1. Consumer Electronics 12.17.2. Automotive 12.17.3. Infrastructure 12.17.4. Defense 12.17.5. Security 12.17.6. Life Sciences 12.18. France Visible Light Communication Market Forecast, By Component 12.18.1. LEDs (Light Emitting Diodes) 12.18.2. Photo Detector 12.18.3. Microcontroller 12.18.4. Software and Services 12.19. France Visible Light Communication Market Forecast, By Transmission Type 12.19.1. Unidirectional 12.19.2. Bidirectional 12.20. France Visible Light Communication Market Forecast, By Application 12.20.1. Consumer Electronics 12.20.2. Automotive 12.20.3. Infrastructure 12.20.4. Defense 12.20.5. Security 12.20.6. Life Sciences 12.21. Italy Visible Light Communication Market Forecast, By Component 12.21.1. LEDs (Light Emitting Diodes) 12.21.2. Photo Detector 12.21.3. Microcontroller 12.21.4. Software and Services 12.22. Italy Visible Light Communication Market Forecast, By Transmission Type 12.22.1. Unidirectional 12.22.2. Bidirectional 12.23. Italy Visible Light Communication Market Forecast, By Application 12.23.1. Consumer Electronics 12.23.2. Automotive 12.23.3. Infrastructure 12.23.4. Defense 12.23.5. Security 12.23.6. Life Sciences 12.24. Spain Visible Light Communication Market Forecast, By Component 12.24.1. LEDs (Light Emitting Diodes) 12.24.2. Photo Detector 12.24.3. Microcontroller 12.24.4. Software and Services 12.25. Spain Visible Light Communication Market Forecast, By Transmission Type 12.25.1. Unidirectional 12.25.2. Bidirectional 12.26. Spain Visible Light Communication Market Forecast, By Application 12.26.1. Consumer Electronics 12.26.2. Automotive 12.26.3. Infrastructure 12.26.4. Defense 12.26.5. Security 12.26.6. Life Sciences 12.27. Rest of Europe Visible Light Communication Market Forecast, By Component 12.27.1. LEDs (Light Emitting Diodes) 12.27.2. Photo Detector 12.27.3. Microcontroller 12.27.4. Software and Services 12.28. Rest of Europe Visible Light Communication Market Forecast, By Transmission Type 12.28.1. Unidirectional 12.28.2. Bidirectional 12.29. Rest Of Europe Visible Light Communication Market Forecast, By Application 12.29.1. Consumer Electronics 12.29.2. Automotive 12.29.3. Infrastructure 12.29.4. Defense 12.29.5. Security 12.29.6. Life Sciences 12.30. Europe Visible Light Communication Market Attractiveness Analysis 12.30.1. By Component 12.30.2. By Transmission Type 12.30.3. By Application 12.31. PEST Analysis 12.32. Key Trends 12.33. Key Developments 13. Asia Pacific Visible Light Communication Market Analysis 13.1. Key Findings 13.2. Asia Pacific Visible Light Communication Market Overview 13.3. Asia Pacific Visible Light Communication Market Value Share Analysis, By Component 13.4. Asia Pacific Visible Light Communication Market Forecast, By Component 13.4.1. LEDs (Light Emitting Diodes) 13.4.2. Photo Detector 13.4.3. Microcontroller 13.4.4. Software and Services 13.5. Asia Pacific Visible Light Communication Market Value Share Analysis, By Transmission Type 13.6. Asia Pacific Visible Light Communication Market Forecast, By Transmission Type 13.6.1. Unidirectional 13.6.2. Bidirectional 13.7. Asia Pacific Visible Light Communication Market Value Share Analysis, By Application 13.8. Asia Pacific Visible Light Communication Market Forecast, By Application 13.8.1. Consumer Electronics 13.8.2. Automotive 13.8.3. Infrastructure 13.8.4. Defense 13.8.5. Security 13.8.6. Life Sciences 13.9. Asia Pacific Visible Light Communication Market Value Share Analysis, By Country 13.10. Asia Pacific Visible Light Communication Market Forecast, By Country 13.10.1. China 13.10.2. India 13.10.3. Japan 13.10.4. ASEAN 13.10.5. Rest of Asia Pacific 13.11. Asia Pacific Visible Light Communication Market Analysis, By Country 13.12. China Visible Light Communication Market Forecast, By Component 13.12.1. LEDs (Light Emitting Diodes) 13.12.2. Photo Detector 13.12.3. Microcontroller 13.12.4. Software and Services 13.13. China Visible Light Communication Market Forecast, By Transmission Type 13.13.1. Unidirectional 13.13.2. Bidirectional 13.14. China Visible Light Communication Market Forecast, By Application 13.14.1. Consumer Electronics 13.14.2. Automotive 13.14.3. Infrastructure 13.14.4. Defense 13.14.5. Security 13.14.6. Life Sciences 13.15. India Visible Light Communication Market Forecast, By Component 13.15.1. LEDs (Light Emitting Diodes) 13.15.2. Photo Detector 13.15.3. Microcontroller 13.15.4. Software and Services 13.16. India Visible Light Communication Market Forecast, By Transmission Type 13.16.1. Unidirectional 13.16.2. Bidirectional 13.17. India Visible Light Communication Market Forecast, By Application 13.17.1. Consumer Electronics 13.17.2. Automotive 13.17.3. Infrastructure 13.17.4. Defense 13.17.5. Security 13.17.6. Life Sciences 13.18. Japan Visible Light Communication Market Forecast, By Component 13.18.1. LEDs (Light Emitting Diodes) 13.18.2. Photo Detector 13.18.3. Microcontroller 13.18.4. Software and Services 13.19. Japan Visible Light Communication Market Forecast, By Transmission Type 13.19.1. Unidirectional 13.19.2. Bidirectional 13.20. Japan Visible Light Communication Market Forecast, By Application 13.20.1. Consumer Electronics 13.20.2. Automotive 13.20.3. Infrastructure 13.20.4. Defense 13.20.5. Security 13.20.6. Life Sciences 13.21. ASEAN Visible Light Communication Market Forecast, By Component 13.21.1. LEDs (Light Emitting Diodes) 13.21.2. Photo Detector 13.21.3. Microcontroller 13.21.4. Software and Services 13.22. ASEAN Visible Light Communication Market Forecast, By Transmission Type 13.22.1. Unidirectional 13.22.2. Bidirectional 13.23. ASEAN Visible Light Communication Market Forecast, By Application 13.23.1. Consumer Electronics 13.23.2. Automotive 13.23.3. Infrastructure 13.23.4. Defense 13.23.5. Security 13.23.6. Life Sciences 13.24. Rest of Asia Pacific Visible Light Communication Market Forecast, By Component 13.24.1. LEDs (Light Emitting Diodes) 13.24.2. Photo Detector 13.24.3. Microcontroller 13.24.4. Software and Services 13.25. Rest of Asia Pacific Visible Light Communication Market Forecast, By Transmission Type 13.25.1. Unidirectional 13.25.2. Bidirectional 13.26. Rest of Asia Pacific Visible Light Communication Market Forecast, By Application 13.26.1. Consumer Electronics 13.26.2. Automotive 13.26.3. Infrastructure 13.26.4. Defense 13.26.5. Security 13.26.6. Life Sciences 13.27. Asia Pacific Visible Light Communication Market Attractiveness Analysis 13.27.1. By Component 13.27.2. By Transmission Type 13.27.3. By Application 13.28. PEST Analysis 13.29. Key Trends 13.30. Key Developments 14. Middle East & Africa Visible Light Communication Market Analysis 14.1. Key Findings 14.2. Middle East & Africa Visible Light Communication Market Overview 14.3. Middle East & Africa Visible Light Communication Market Value Share Analysis, By Component 14.4. Middle East & Africa Visible Light Communication Market Forecast, By Component 14.4.1. LEDs (Light Emitting Diodes) 14.4.2. Photo Detector 14.4.3. Microcontroller 14.4.4. Software and Services 14.5. Middle East & Africa Visible Light Communication Market Value Share Analysis, By Transmission Type 14.6. Middle East & Africa Visible Light Communication Market Forecast, By Transmission Type 14.6.1. Unidirectional 14.6.2. Bidirectional 14.7. Middle East & Africa Visible Light Communication Market Value Share Analysis, By Application 14.8. Middle East & Africa Visible Light Communication Market Forecast, By Application 14.8.1. Consumer Electronics 14.8.2. Automotive 14.8.3. Infrastructure 14.8.4. Defense 14.8.5. Security 14.8.6. Life Sciences 14.9. Middle East & Africa Visible Light Communication Market Value Share Analysis, By Country 14.10. Middle East & Africa Visible Light Communication Market Forecast, By Country 14.10.1. GCC 14.10.2. South Africa 14.10.3. Rest of Middle East & Africa 14.11. Middle East & Africa Visible Light Communication Market Analysis, By Country 14.12. GCC Visible Light Communication Market Forecast, By Component 14.12.1. LEDs (Light Emitting Diodes) 14.12.2. Photo Detector 14.12.3. Microcontroller 14.12.4. Software and Services 14.13. GCC Visible Light Communication Market Forecast, By Transmission Type 14.13.1. Unidirectional 14.13.2. Bidirectional 14.14. GCC Visible Light Communication Market Forecast, By Application 14.14.1. Consumer Electronics 14.14.2. Automotive 14.14.3. Infrastructure 14.14.4. Defense 14.14.5. Security 14.14.6. Life Sciences 14.15. South Africa Visible Light Communication Market Forecast, By Component 14.15.1. LEDs (Light Emitting Diodes) 14.15.2. Photo Detector 14.15.3. Microcontroller 14.15.4. Software and Services 14.16. South Africa Visible Light Communication Market Forecast, By Transmission Type 14.16.1. Unidirectional 14.16.2. Bidirectional 14.17. South Africa Visible Light Communication Market Forecast, By Application 14.17.1. Consumer Electronics 14.17.2. Automotive 14.17.3. Infrastructure 14.17.4. Defense 14.17.5. Security 14.17.6. Life Sciences 14.18. Rest of Middle East & Africa Visible Light Communication Market Forecast, By Component 14.18.1. LEDs (Light Emitting Diodes) 14.18.2. Photo Detector 14.18.3. Microcontroller 14.18.4. Software and Services 14.19. Rest of Middle East & Africa Visible Light Communication Market Forecast, By Transmission Type 14.19.1. Unidirectional 14.19.2. Bidirectional 14.20. Rest of Middle East & Africa Visible Light Communication Market Forecast, By Application 14.20.1. Consumer Electronics 14.20.2. Automotive 14.20.3. Infrastructure 14.20.4. Defense 14.20.5. Security 14.20.6. Life Sciences 14.21. Middle East & Africa Visible Light Communication Market Attractiveness Analysis 14.21.1. By Component 14.21.2. By Transmission Type 14.21.3. By Application 14.22. PEST Analysis 14.23. Key Trends 14.24. Key Developments 15. South America Visible Light Communication Market Analysis 15.1. Key Findings 15.2. South America Visible Light Communication Market Overview 15.3. South America Visible Light Communication Market Value Share Analysis, By Component 15.4. South America Visible Light Communication Market Forecast, By Component 15.4.1. LEDs (Light Emitting Diodes) 15.4.2. Photo Detector 15.4.3. Microcontroller 15.4.4. Software and Services 15.5. South America Visible Light Communication Market Value Share Analysis, By Transmission Type 15.6. South America Visible Light Communication Market Forecast, By Transmission Type 15.6.1. Unidirectional 15.6.2. Bidirectional 15.7. South America Visible Light Communication Market Value Share Analysis, By Application 15.8. South America Visible Light Communication Market Forecast, By Application 15.8.1. Consumer Electronics 15.8.2. Automotive 15.8.3. Infrastructure 15.8.4. Defense 15.8.5. Security 15.8.6. Life Sciences 15.9. South America Visible Light Communication Market Value Share Analysis, By Country 15.10. South America Visible Light Communication Market Forecast, By Country 15.10.1. Brazil 15.10.2. Mexico 15.10.3. Rest of South America 15.11. South America Visible Light Communication Market Analysis, By Country 15.12. Brazil Visible Light Communication Market Forecast, By Component 15.12.1. LEDs (Light Emitting Diodes) 15.12.2. Photo Detector 15.12.3. Microcontroller 15.12.4. Software and Services 15.13. Brazil Visible Light Communication Market Forecast, By Transmission Type 15.13.1. Unidirectional 15.13.2. Bidirectional 15.14. Brazil Visible Light Communication Market Forecast, By Application 15.14.1. Consumer Electronics 15.14.2. Automotive 15.14.3. Infrastructure 15.14.4. Defense 15.14.5. Security 15.14.6. Life Sciences 15.15. Mexico Visible Light Communication Market Forecast, By Component 15.15.1. LEDs (Light Emitting Diodes) 15.15.2. Photo Detector 15.15.3. Microcontroller 15.15.4. Software and Services 15.16. Mexico Visible Light Communication Market Forecast, By Transmission Type 15.16.1. Unidirectional 15.16.2. Bidirectional 15.17. Mexico Visible Light Communication Market Forecast, By Application 15.17.1. Consumer Electronics 15.17.2. Automotive 15.17.3. Infrastructure 15.17.4. Defense 15.17.5. Security 15.17.6. Life Sciences 15.18. Rest of South America Visible Light Communication Market Forecast, By Component 15.18.1. LEDs (Light Emitting Diodes) 15.18.2. Photo Detector 15.18.3. Microcontroller 15.18.4. Software and Services 15.19. Rest of South America Visible Light Communication Market Forecast, By Transmission Type 15.19.1. Unidirectional 15.19.2. Bidirectional 15.20. Rest of South America Visible Light Communication Market Forecast, By Application 15.20.1. Consumer Electronics 15.20.2. Automotive 15.20.3. Infrastructure 15.20.4. Defense 15.20.5. Security 15.20.6. Life Sciences 15.21. South America Visible Light Communication Market Attractiveness Analysis 15.21.1. By Component 15.21.2. By Transmission Type 15.21.3. By Application 15.22. PEST Analysis 15.23. Key Trends 15.24. Key Developments 16. Company Profiles 16.1. Market Share Analysis, By Company 16.2. Competition Matrix 16.2.1. Competitive Benchmarking of key players By price, presence, market share, Applications and R&D investment 16.2.2. New Product Launches and Product Enhancements 16.2.3. Market Consolidation 16.2.3.1. M&A By Regions, Investment and Applications 16.2.3.2. M&A Key Players, Forward Integration and Backward Integration 16.3. Company Profiles: Key Players 16.3.1. Koninklijke Philips NV 16.3.1.1. Company Overview 16.3.1.2. Financial Overview 16.3.1.3. Product Portfolio 16.3.1.4. Business Strategy 16.3.1.5. Recent Developments 16.3.1.6. Manufacturing Footprint 16.3.2. LVX System 16.3.3. Panasonic Corporation 16.3.4. Lucibel SA 16.3.5. Firefly Wireless Networks LLC 16.3.6. Bytelight Inc. 16.3.7. Purelifi Ltd 16.3.8. Oledcomm 16.3.9. Outstanding Technology Co. Ltd 16.3.10. Axrtek Company 16.3.11. Firefly Wireless Networks LLC 16.3.12. General Electric Company 16.3.13. Toshiba Corporation 16.3.14. NEC Corporation 16.3.15. Samsung Electronics Co. Ltd. 16.3.16. fSONA Networks 16.3.17. Nitto Denko Corporation 16.3.18. Casio Computer Co. Ltd. 16.3.19. Qualcomm Inc. 16.3.20. Fujitsu Ltd. 17. Primary Key Insights