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VLC (Visible Light Communications) Market-by Components (Visible Light LED's, Diodes); By Applications (Smart Lighting, Indoor, Outdoor);By End-user industry (Vehicle & transportation, Hospitals & Healthcare)-Forecast to 2021

[April 25, 2016]

VLC (Visible Light Communications) Market-by Components (Visible Light LED's, Diodes); By Applications (Smart Lighting, Indoor, Outdoor);By End-user industry (Vehicle & transportation, Hospitals & Healthcare)-Forecast to 2021

LONDON, April 25, 2016 /PRNewswire/ -- Visible Light Communications (VLC), a subset of optical wireless communications technologies, is an emerging area of broadband transmission technology which uses light in the visible region (780-375nm) to transfer data. Through rapid flickering of advanced LED's, streams of data can be encoded and transmitted. VLC has a lot of advantages over other forms of wireless communications in the way that it does not interfere with radio frequency (RF) electronics and has no associated health concerns, thereby making it suitable for use in hospitals and aircrafts. The potential for VLC is huge and researches are working on it to overcome many of the technical challenges that the VLC market is facing. They are even confident that further researches on this technology can lead to VLC being eventually accepted as an integral part of our infrastructure. The report study includes the detailed demand analysis of VLC 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.

The report also includes segmentation based on components used in this technology, the various applications where this technology is put to use and the various end user industries which are benefitted from using this technology. The technology uses fluorescent lights, visible light LED's, diodes, image sensors, IR emitters and opto couplers. The major applications of this technology include various indoor and outdoor applications, location-based services, underwater communications, and applications in hazardous environments, Wi-Fi spectrum relief and smart lighting applications. Many prominent end user industries such as Vehicle and Transportation, Defense and security, Hospitals and Healthcare, Aviation and mining are showing significant improvements in this field.

Competitive landscape for each o the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2015, market drivers, challenges and constraints which control the profitability of an industry are also analyzed in the report.

Among a wide range of manufacturers, major players that contribute to the VLC market are
The Tokyo Electric Power Co., Inc.,
Outstanding Technologies Ltd.
Rise Corporation,
NEC Corporation,
Matsushita Electric Works, Ltd.,
Nakagawa Laboratories, Inc.
The Nippon Signal Co., Ltd.
We provide profound data about the industry overview, financial overview, business strategies and recent developments.

The VLC market has also been segmented based on geographical region: Americas, Europe, Asia-pacific and Middle-East & Africa. These geographies are further classified into countries holding prominent share in the VLC market for the forecast period. Japan was reported to be the largest market in the Asia Pacific region.

Japan has shown a pioneering improvement in VLC technology. Even the U.S has invested a huge amount in this market and presently, the Chinese Government has thought of investing a large sum to integrate this technology into aircrafts. APAC region is expected to be the market leader in the VLC market owing to the recent technological developments and increased R&D activities.

Scientists are showing an interest in the development of VLC technology, with their prime focus being on creating ultra-high-speed, high security, biologically friendly communications networks, thereby allowing the creation and expansion of seamless computing applications using very large bandwidth high-frequency pulsed light instead of radio waves and microwaves. VLC systems can improve the existing telecommunications technology, as well as may help in the development of hybrid systems such as combined long distance light and radio frequency/microwave communication systems which could use VLC technology during good weather and clear visibility, and be supplemented with more conventional (though less secure) technology where required, such as during poor weather conditions and poor visibility. Properly developed VLC could also be used to help create more equipment-friendly and biologically-friendly electromagnetic environments helping to create truly sustainable communications technology.

Download the full report: https://www.reportbuyer.com/product/3759023/

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vlc-visible-light-communications-market-by-components-visible-light-leds-diodes-by-applications-smart-lighting-indoor-outdoorby-end-user-industry-vehicle--transportation-hospitals--healthcare-forecast-to-2021-300257189.html

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