Li-Fi Market - by Devices (LED Bulbs, lamps, wireless Devices); by Applications (Aircraft cabins, Vehicles and Traffic Management, Others); by End-User Industries (Petroleum and Chemical, Aviation, Healthcare, Others) - Forecast to 2021

LONDON, May 2, 2016 /PRNewswire/ -- Li-Fi, basically known as Light Fidelity or 5G Visible Light Communication systems, can be said to be the optimized version of Wi-Fi in modern times. It is basically a wireless optical networking technology which utilizes the light emitting diodes as a medium to enable high–speed communication. Data is transmitted by varying the intensity of LED lights at a rate much higher than what human eyes can follow. The concept of Li-Fi is currently attracting a great deal of interest, being an efficient alternative to RF and bringing in a greener, safer and cheaper future of communication. The report study includes the detailed demand analysis of the Li-Fi market on a global and regional scale for a five-year period of 2016-2021, both in terms of production volume (Units) and revenue ($billion).

The market is evaluated based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.

Apart from the above, the report also includes segmentation based on devices, applications and end user industries. The technology uses LED bulbs, lamps and wireless devices such as PDA, Mobile phones and laptops. The major applications of this technology include applications in intrinsically safe environments such as RF restricted environments, aircraft cabins, operation theatres in hospitals, ocean beds and sensitive areas such as power plants. This technology can also be put to use in smart lighting applications, mobile connectivity, vehicles and traffic management, solar panel, street lamps, disaster management, seminars or lecture halls in education systems and so on. Many prominent end user industries such as Petroleum and chemicalindustries, Transportation, Healthcare and so on are showing significant improvements in this field.

For more information:
Sarah Smith
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/li-fi-market---by-devices-led-bulbs-lamps-wireless-devices-by-applications-aircraft-cabins-vehicles-and-traffic-management-others-by-end-user-industries-petroleum-and-chemical-aviation-healthcare-others---forecast-t-300261183.html

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