Global Free Space Optics & Visible Light Market Research Report: Forecast (2024-2030)

By Type (Free Space Optics, Visible Light), By Component (Transmitter, Transceiver, Receiver, Modulator & Demodulator, Others), By Range (Short-range, Medium-range, Long-range), By...... Application (Mobile Backhaul, Disaster Recovery, Enterprise Connectivity, Data Transmission, Security & Surveillance, Others (Storage Area Network, Last-Mile Access, etc.)), By End User (IT & Telecom, Military & Defense, Aerospace, Manufacturing & Automotive, Retail, Healthcare, Others (Traffic, Government, etc.)), By Region, (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (CACI International INC., fSONA Networks Corporation, Purelifi limited, Mostcom Ltd., Lightpointe Communications, Inc., Airlinx Communications, Inc., Trimble Hungary Kft, Cailabs, Collinear Networks, Inc., Anova Technologies Inc., Fog Optics Inc., Laser Light Communications, Visat Inc., Optelix Pty Ltd., Wireless Excellence Ltd) Read more

  • Aerospace & Defense
  • Nov 2023
  • 194
  • PDF, Excel, PPT

Market Definition

Free space optics (FSO) is an optical technology used to transmit data for telecommunication & computer networking wirelessly. This is done by using the light in free space, where the free space could be anything like a vacuum, outer space, or air. Visible light communication (VLC) is a wireless data communications method that uses visible light between 400 and 800 THz. The technology is a subset of optical wireless communication technology and employs fluorescent lamps to transmit signals over short distances.

Market Insights & Analysis: Global Free Space Optics & Visible Light Market (2024-30):

The Global Free Space Optics & Visible Light Market size is valued at around USD 3.5 billion in 2023 and is estimated to grow at a CAGR of about 37.18% during the forecast period, i.e., 2024-30. The growing demand for fast, reliable wireless communication coupled with the increasing necessity for secure & interference-free data transmission is propelling market expansion.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2030) 37.18%
Regions Covered North America: US, Canada, Mexico
Europe: The UK, Germany, France, Italy, Spain, Rest of Europe
Asia-Pacific: China, Japan, India, Rest of Asia-Pacific
South America: Brazil, Rest of South America
Middle East & Africa: The UAE, Saudi Arabia, South Africa, Egypt, Turkey, Rest of the Middle East & Africa
Key Companies Profiled CACI International INC., fSONA Networks Corporation, Purelifi limited, Mostcom Ltd., Lightpointe Communications, Inc., Airlinx Communications, Inc., Trimble Hungary Kft, Cailabs, Collinear Networks, Inc., Anova Technologies Inc., Fog Optics Inc., Laser Light Communications, Visat Inc., Optelix Pty Ltd., Wireless Excellence Ltd
Market Value (2023) USD 3.5 Billion

 

Free Space Optics (FSO) and Visible Light Communication (VLC) technologies offer multiple advantages compared to conventional wireless methods, including enhanced data rates, expanded bandwidth, and immunity to electromagnetic interference. This trend is further accelerated by the growing adoption of Internet of Things (IoT) devices and the requirement for efficient, secure communication in diverse sectors like healthcare, retail, and transportation.

FSO and VLC technologies hold the potential to redefine communication in these industries by delivering faster and more dependable connectivity. Moreover, the ongoing progress in LED technology and the seamless integration of VLC capabilities into lighting systems are poised to provide a significant boost to market growth. Also, VLC's ability to harmoniously fit into existing infrastructures makes it a cost-effective solution for achieving widespread connectivity, thus contributing to infusing the Free Space Optics & Visible Light Market size in the ensuing years.5

Global Free Space Optics & Visible Light Market Research Report (2024-2030) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Free Space Optics & Visible Light Market Trends & Developments
  5. Global Free Space Optics & Visible Light Market Dynamics
    1. Drivers
    2. Challenges
  6. Impact of AI & Machine Learning on Global Free Space Optics (FSO) & Visible Light Communication System Market
  7. Global Free Space Optics & Visible Light Market Porter Five Analysis
  8. Global Free Space Optics & Visible Light Market Start-up Ecosystem
    1. Entrepreneurial Activity
    2. Funding Received by Top Companies
    3. Key Investors Active in the Market
    4. Series Wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capitalists (VC) Funding
      4. Others
  9. Global Free Space Optics & Visible Light Market Regulations, Policies & Standards
  10. Global Free Space Optics & Visible Light Hotspot & Opportunities
  11. Global Free Space Optics & Visible Light Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Size & Analysis
      1. By Type
        1. Free Space Optics- Market Size & Forecast 2019-2030, USD Million
        2. Visible Light- Market Size & Forecast 2019-2030, USD Million
      2. By Component
        1. Transmitter- Market Size & Forecast 2019-2030, USD Million
        2. Transceiver- Market Size & Forecast 2019-2030, USD Million
        3. Receiver- Market Size & Forecast 2019-2030, USD Million
        4. Modulator & Demodulator- Market Size & Forecast 2019-2030, USD Million
        5. Others- Market Size & Forecast 2019-2030, USD Million
      3. By Range
        1. Short-range- Market Size & Forecast 2019-2030, USD Million
        2. Medium-range- Market Size & Forecast 2019-2030, USD Million
        3. Long-range- Market Size & Forecast 2019-2030, USD Million
      4. By Application
        1. Mobile Backhaul - Market Size & Forecast 2019-2030, USD Million
        2. Disaster Recovery - Market Size & Forecast 2019-2030, USD Million
        3. Enterprise Connectivity- Market Size & Forecast 2019-2030, USD Million
        4. Data Transmission- Market Size & Forecast 2019-2030, USD Million
        5. Security & Surveillance- Market Size & Forecast 2019-2030, USD Million
        6. Others (Storage Area Network, Last-Mile Access, etc.)- Market Size & Forecast 2019-2030, USD Million
      5. By End User
        1. IT & Telecom- Market Size & Forecast 2019-2030, USD Million
        2. Military & Defense- Market Size & Forecast 2019-2030, USD Million
        3. Aerospace- Market Size & Forecast 2019-2030, USD Million
        4. Manufacturing & Automotive- Market Size & Forecast 2019-2030, USD Million
        5. Retail- Market Size & Forecast 2019-2030, USD Million
        6. Healthcare- - Market Size & Forecast 2019-2030, USD Million
        7. Others (Traffic, Government, etc.) - Market Size & Forecast 2019-2030, USD Million
      6. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East & Africa
        5. Asia-Pacific
      7. By Competition
        1. Competition Characteristics
        2. Market Share Analysis
  12. North America Free Space Optics & Visible Light Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2019-2030, USD Million
      2. By Range- Market Size & Forecast 2019-2030, USD Million
      3. By Application- Market Size & Forecast 2019-2030, USD Million
      4. By End User- Market Size & Forecast 2019-2030, USD Million
      5. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
    4. Canada Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
    5. Mexico Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
  13. South America Free Space Optics & Visible Light Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2019-2030, USD Million
      2. By Component- Market Size & Forecast 2019-2030, USD Million
      3. By Range- Market Size & Forecast 2019-2030, USD Million
      4. By Application- Market Size & Forecast 2019-2030, USD Million
      5. By End User- Market Size & Forecast 2019-2030, USD Million
      6. By Country
        1. Brazil
        2. Rest of South America
    3. Brazil Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
  14. Europe Free Space Optics & Visible Light Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2019-2030, USD Million
      2. By Range- Market Size & Forecast 2019-2030, USD Million
      3. By Application- Market Size & Forecast 2019-2030, USD Million
      4. By End User- Market Size & Forecast 2019-2030, USD Million
      5. By Country
        1. Germany
        2. The UK
        3. France
        4. Spain
        5. Italy
        6. Rest of Europe
    3. Germany Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
    4. The UK Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
    5. France Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
    6. Spain Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
    7. Italy Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
  15. The Middle East & Africa Free Space Optics & Visible Light Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2019-2030, USD Million
      2. By Range- Market Size & Forecast 2019-2030, USD Million
      3. By Application- Market Size & Forecast 2019-2030, USD Million
      4. By End User- Market Size & Forecast 2019-2030, USD Million
  16. Asia-Pacific Free Space Optics & Visible Light Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues USD Million
    2. Market Share & Analysis
      1. By Component- Market Size & Forecast 2019-2030, USD Million
      2. By Range- Market Size & Forecast 2019-2030, USD Million
      3. By Application- Market Size & Forecast 2019-2030, USD Million
      4. By End User- Market Size & Forecast 2019-2030, USD Million
      5. By Country
        1. China
        2. Japan
        3. India
        4. Rest of Asia-Pacific
    3. China Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
    4. Japan Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
    5. India Free Space Optics & Visible Light Market Outlook, 2019-2030F
      1. Market Size & Analysis
        1. By Revenues USD Million
      2. Market Share & Analysis
        1. By Component- Market Size & Forecast 2019-2030, USD Million
        2. By Range- Market Size & Forecast 2019-2030, USD Million
  17. Global Free Space Optics & Visible Light Market Key Strategic Imperatives for Success & Growth
  18. Competitive Outlook
    1. Company Profiles 
    2. Electronic Waste
      1. CACI International Inc.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. fSONA Networks Corporation
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Pure Lifi Limited
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Mostcom Ltd.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Lightpointe Communications, Inc.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Airlinx Communications, Inc.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Trimble Hungary Kft.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Cailabs                 
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Collinear Networks, Inc.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Anova Technologies Inc.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11.  Laser Light Communications
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. Laser Optronics Inc.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      13. Optelix Pty Ltd.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      14. Wireless Excellence Ltd.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      15. Fog Optics Inc.
        1. Business Description
        2. Range Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      16. Others
  19. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making