#Visible Light Communication Li-Fi Market Industry

[thetejasamale]

Li-Fi market is Adoption of LED lights and their associated ecosystem by customers...

[wolfliving]

Li-Fi conference

*A solution in search of a problem.

27 June 2023, High Tech Campus Eindhoven & Online, The Netherlands

Dear Reader,

We are excited to announce the 3rd edition of the International LiFi Conference, a global event bringing together professionals from various industries to explore the potential of this revolutionary technology. The conference promises to be an exciting opportunity to learn about the latest advancements in LiFi technology and its applications across different sectors.

One of the unique features of LiFi is its potential to transform the way we connect to the internet and share data. The conference will cover a range of topics, including market development, the role of chipset manufacturers, electrical contractors, system integrators, and the telecom/datacom industry, including 5G. In addition, speakers will discuss LiFi applications in healthcare, military, education, industry 4.0/smart manufacturing, automotive, aviation (in-flight entertainment), virtual reality/mixed reality, retail, home, office, museums, and even space. Standardization and security in LiFi technology will also be addressed.

We are honored to have several renowned experts confirmed as keynote speakers, including Harald Haas, Distinguished Professor at the University of Strathclyde, John Joseph, CEO of OptiPulse, Anil Mengi, Corporate Vice President of devolo AG, Shelley Peterson, founder of Wizardwells, Benjamin Azoulay, President and CEO of OLEDCOMM, Markus Werner, Managing Partner of aeroLiFi GmbH, Theo Lazuech, CEO & Founder of LiNA, and many more speakers during the session by Light Communications Alliance.

Don't miss this opportunity to learn about the latest advancements in LiFi technology and its potential applications across various sectors.

Early Bird registration is open until May 10th, 2023. Register now to secure your spot at the conference.

We look forward to seeing you there!

LiFi for the telecom / datacom industry

LiFi, short for Light Fidelity, is an emerging technology that uses light waves to transmit data, rather than radio waves used in Wi-Fi. Unlike Wi-Fi, LiFi uses visible light, infrared or ultraviolet to transmit data, which h...

LiFi in space

LiFi, short for Light Fidelity, is a wireless communication technology that uses visible light instead of radio waves to transmit data. LiFi is based on the principle of Visible Light Communication (VLC), where LED lights are...

System integrators and LiFi

System Integrators play a critical role in helping businesses adopt new technologies and improve their operations. With the emergence of LiFi technology, System Integrators have an exciting opportunity to incorporate this cut...

Revolutionizing Industry 4.0 and Smart Manufacturing with LiFi Technology

As technology advances, so does the need for faster and more reliable data transfer in the manufacturing industry. This is where LiFi, or Light Fidelity, technology comes into play. LiFi uses light waves to transmit data at h...

Applications for Retail, museums and public spaces

Optical Camera Communications (OCC) is a technology that allows for high-speed data transfer through visible light. The technology is popular in various industries, including retail, museums, and other locations where reliabl...

LINCNET: Exploring the Synergy of LiFi and Powerline Communication for Industrial and Medical Applications

The LINCNET project aims to advance LiFi (Light Fidelity) technology as a viable alternative for industry-specific applications. By harnessing the unlicensed optical spectrum, LiFi offers higher data rates in confined areas, ...

[delightfullyatomiccollector-blog]

https://www.whatech.com/og/markets-research/industrial/899269-fso-vlc-li-fi-market-worth-7-39-billion-by-2029-growing-at-a-cagr-of-21-6.html

FSO & VLC / Li-Fi Market worth $7.39 billion by 2029,Growing at a CAGR of 21.6% 

The FSO & VLC / Li-Fi market was valued at USD 2.78 billion in 2024 and is projected to reach USD 7.39 billion by 2029, growing at a CAGR of 21.6% from 2024 to 2029.

Free Space Optics offers a viable alternative to traditional RF-based communication technologies, especially in areas with limited spectrum availability or infrastructure constraints.

They are generally more energy-efficient than RF-based systems, making them attractive for applications where power consumption is a concern. Whereas in case of Visible Light Communication (VLC), it can easily be integrated with existing lighting infrastructure, reducing the cost and complexity of deployment. It also offers high level of security, as the transmission is confined to the line of sight and is less susceptible to interference.

[communicationblogs]

Li-Fi Market — Forecast(2024–2030)

Li-Fi Market Overview

The Global market for Li-Fi Market Size is forecast to reach $ 35310 Million by 2030, at a CAGR of 40.30% during forecast period 2024–2030. The market growth is attributed to the factors such as growing demand for indoor wireless communication technology in the commercial sector, increasing implementation of Li-Fi, Light as a service (LaaS) and other Optical Sensing based technology in healthcare & education sectors and others.

Moreover, rise in penetration of smart devices, construction of smart cities and commercial establishments boosts the market growth. Analysing the widespread use of LED bulbs inside buildings and the large visible light bandwidth, Li-Fi technology is much cheaper and more environmentally friendly than Wi-Fi. In many popular applications, Li-Fi technology has great potential, such as location-based services, mobile connectivity, smart lighting and hazardous environments.

Report Coverage

The report: “Li-Fi market — Forecast (2024–2030)”, by IndustryARC covers an in-depth analysis of the following segments of the Li-Fi market.

By Component type: LEDs, Optical Sensing, Photo-detectors, Microcontrollers, others

By Application: Indoor networking, Location-Based Services, Underwater communication, Smartphone, Standalone Tracker, Advance Tracker, Others

By End Users: Aerospace & Defence, Healthcare, Education, Transportation, Automotive, Consumer Electronics, Retail, Government, Others

By Geography: North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, South korea, Australia and Others), South America (Brazil, Argentina and others), and ROW (Middle East and Africa)

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Key Takeaways

As digitalisation multiplies the number of connected devices, the bandwidth of radio frequencies is facing a bottleneck due to its small capacity, which impacts the quality of service. Li-Fi technology, on the other hand, uses a visible light continuum for data processing that is free of any scale constraints. The impending RF crunch is therefore an important driver for the Li-Fi market

North America region dominated the global Li-Fi market in 2020 owing to the presence of advanced technologies, large number of manufacturers and the increasing domestic and commercial demands for Li-Fi.

Li-Fi Market Segment Analysis — By Component type

Li-Fi market is segmented into LEDs, Optical Sensing, Photo-detectors, Microcontrollers and others on the basis of component. The market of LEDs is anticipated to hold the highest market share of 48.2% in 2020 and is projected to witness fast growth. This growth can be attributed to increased LED and Light as a Service deployment at commercial establishments and industries. The ability of an LED to modulate swiftly on and off is key to Li-Fi working. These modulation and demodulation schemes transition data from one location to another.

Li-Fi operates by taking and inserting data content into an SSL driver by streaming it. This SSL driver can run a string of high speed LED lamps, turning them on and off. As the LED lamps turn on and off and strobe faster than the eye can see, it illuminates the context area. Their demand in Li-Fi systems is proliferating with several advantages of LEDs such as durability, low power consumption, and high energy output. These advantages contribute to the broad adoption of LEDs in the form of arrays for Li-Fi system infrastructure, supporting the growth of the market.

Li-Fi Market Segment Analysis — By Application type

Indoor networking type segment held the highest market share of Li-Fi in 2020. Moreover, it is anticipated to witness the significant market growth of 25.1% CAGR during the forecast period 2024–2030. Smart buildings are presently acclimatizing to accommodate their residents, in order to enhance dweller cosiness and customer experience. They do this by identifying the coordinates of each user and then providing on-site services such as smart car parking, condition monitoring, logistics and shopping support services through Light as a Service wireless communication technology. The basic idea of Li-Fi technology is to use the visible light of an LED light bulb to transmit high-speed data to a smartphone or tablet-connected photo detector and optical sensing.

Li-Fi Market Segment Analysis — By Geography

North America is anticipated to witness significant market growth of 26.7% during the forecast period 2024–2030. Market growth is attributed to factors such as technological advances, increased demand for energy-efficient appliances and increased demand for high-speed wireless connectivity technology in the area. The region also has a well-established infrastructure which allows easy implementation of advanced technologies and provides better connectivity.

North America, which has prominently taken the lead on various technological developments such as smart homes, smart cities, Internet of Things (IoT), big data and consumer electronics; has emerged as the nucleus for Li-Fi market demand. With majority of the global smart homes, intelligent transport systems and green buildings developing in the U.S., there is upliftment in the market growth of Li-Fi. In the lighting industry, the growth and increase in lifetime of LED lightening has led to the development of new commercial schematics.

Light source coming from LED bulbs provides a pathway for data in Li-Fi technology, Light as a Service and can meet any devices that it illuminates. The strobing of the LED bulb generates a signal for the receiver device, thereby transferring information. This wireless optical networking technique offers great ability to transmit data at a rate of 224 GB per second and is approximately 100 times faster than Wi-Fi.

In January 2019, VLNComm formed the industry’s fastest, most affordable, and most innovative Li-Fi LED lighting panel. The LumiNex panel, introduced and successfully demonstrated to over 500 people at CES 2018 in Las Vegas, is capable of downloading speeds of 108Mbps and upload speeds when combined with the LumiStick 2, 53Mbps. Such product launches boosts the market growth in this region.

Li-Fi Market Drivers

Inexpensive LEDs Ballooning Implementation

LED plays a vital role in the overall growth of the Li-Fi industry as a basic component of Li-Fi networks. Globally, LED is promoted due to features such as low power consumption, a lack of harmful emissions and increased lighting. Moving for the aim of ‘low carbon economy’ and ‘smart cities,’ policymakers around multiple nations are offering discounted prices for LED bulbs in order to raise application rate. Such developments increase the range of potential Li-Fi Systems users.

Adoption over Wi-Fi

Apart from potentially faster speed Li-Fi has multiple other benefits over Wi-Fi. Li-Fi offers a more secure network as light cannot pass through walls; this also minimizes the interference between devices. Li-Fi is also useful in electromagnetic sensitive areas such as in aircraft cabins, hospitals and nuclear power plants without producing electromagnetic interference. Li-Fi technology uses visible light spectrum and can thus communicate data and unravel capacity which is 10,000 times greater than that accessible within the radio spectrum. The present visible light spectrum is abundant, free and unlicensed; this will help in mitigating the radio frequency spectrum crunch effect. This will drive the Li-Fi market over the forecast period

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Li-Fi Market Challenges

Transfer within Room

Li-Fi is unable to relay the path through walls. Wi-Fi is, this drawback of Li-Fi can also be used as a protective mechanism where communication only takes place within a certain space and gadgets that are not present within the room cannot reach it.

Li-Fi Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Li-Fi market. As of 2019, the market for Li-Fi market is consolidated with the top players General Electric (U.S.), Koninklijke Philips N.V. (the Netherlands), Oledcomm (France), PureLiFi Limited (U.K), Panasonic Corporation (Japan), Acuity Brands, Inc. (U.S.), LightPointe Communications, Inc. (U.S.), Velmenni (Tartu), LightBee Corporation (U.S.), FSONA Networks (U.K) and among others.

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Acquisitions/Technology Launches/Partnerships

In June 2019, Signify, the world leader in lighting, launched a new range of LiFi systems that includes the world’s fastest and most reliable LiFi systems commercially available. The range, branded Trulifi, leverages existing and future professional luminaires. Instead of using radio signals (such as WiFi, 4G/5G, Bluetooth, etc.).

In January 2019, Oledcomm announced LiFiMAX, a low-profile ceiling lamp. LiFiMax is an optical wireless communication system that offers an internet connection over light waves to up to 16 users simultaneously at a peak speed of 100Mbps.

Key Market Players:

The Top 5 companies in the Li-Fi Market are:

pureLiFi

Oledcomm

Signify (Philips Lighting)

Wipro Lighting

Panasonic Corporation

[semiconductor-hub]

Opto Semiconductors Market Size, Latest Trends, Share, Growth Analysis, and Forecast 2032

Opto semiconductors represent a critical segment of the semiconductor industry, enabling the conversion of electrical signals into optical signals and vice versa. These devices are integral to a wide array of applications, including lighting, displays, telecommunications, and sensing technologies. Opto semiconductors encompass components such as light-emitting diodes (LEDs), laser diodes, photodetectors, and optocouplers, each playing a vital role in modern electronics.

The growth of opto semiconductors is largely driven by advancements in lighting technologies, particularly the shift from traditional incandescent bulbs to LED lighting solutions. The demand for energy-efficient lighting options has accelerated the adoption of opto semiconductors in both residential and commercial applications. Furthermore, the proliferation of smart devices and the Internet of Things (IoT) has increased the need for optical communication solutions, further fueling growth in this sector.

The Opto Semiconductors Market is growing due to the increasing adoption of optoelectronic devices in applications such as telecommunications, consumer electronics, and lighting, driven by advancements in LED and laser technologies.

Future Scope

The future of opto semiconductors is bright, with significant growth opportunities anticipated across various applications. As industries continue to embrace energy-efficient technologies, the demand for opto semiconductor solutions in lighting and display applications is expected to soar. Innovations in LED technology, including advancements in color rendering, dimming capabilities, and integration with smart lighting systems, will drive this growth.

Additionally, the rise of optical communication technologies, particularly in telecommunications and data centers, will further enhance the demand for opto semiconductors. As the need for high-speed data transmission increases, opto semiconductor devices will be essential for enabling efficient and reliable communication networks. The ongoing development of new materials and technologies will continue to propel the evolution of opto semiconductors, ensuring their relevance in an ever-changing landscape.

Trends

Key trends influencing the opto semiconductor market include the increasing adoption of organic light-emitting diodes (OLEDs) and the integration of opto semiconductor technologies into smart devices. OLEDs are gaining popularity due to their ability to produce high-quality displays with low power consumption, making them ideal for use in smartphones, TVs, and wearables. The shift toward OLED technology is driving innovations in opto semiconductor design and manufacturing.

Another significant trend is the growth of Li-Fi (Light Fidelity) technology, which uses visible light for wireless communication. As industries explore new avenues for high-speed data transmission, Li-Fi presents a promising alternative to traditional Wi-Fi solutions. Opto semiconductor devices will play a pivotal role in the development and deployment of Li-Fi technologies, contributing to the evolution of wireless communication.

Application

Opto semiconductors are utilized in a wide range of applications across various sectors. In lighting, they are integral to LED systems that provide energy-efficient illumination for residential, commercial, and industrial spaces. The versatility of opto semiconductors allows for the development of smart lighting solutions that can be controlled remotely and integrated with IoT systems.

In telecommunications, opto semiconductors enable high-speed optical communication, facilitating the rapid transmission of data across networks. Photodetectors and laser diodes are essential components in fiber optic systems, ensuring reliable communication and connectivity.

Additionally, opto semiconductors play a crucial role in sensing applications, such as environmental monitoring and industrial automation. Their ability to detect and convert light signals into electrical signals allows for precise measurements and enhanced performance in various sensing technologies.

Key Points

Critical components that enable the conversion of electrical signals to optical signals.

Driven by the demand for energy-efficient lighting and optical communication solutions.

Promising future with growth opportunities in OLED technology and Li-Fi.

Trends include the integration of opto semiconductors into smart devices and lighting.

Applied across lighting, telecommunications, and sensing applications.

Read More Details: https://www.snsinsider.com/reports/opto-semiconductors-market-4534 

Contact Us:

Akash Anand — Head of Business Development & Strategy

Email: info@snsinsider.com

Phone: +1–415–230–0044 (US) | +91–7798602273 (IND) 

[digitrenndsamr]

Light Fidelity (Li-Fi)/Visible Light Communication Market to Transform Smart Cities and Homes

Light Fidelity (Li-Fi) is a very high speed, two-way wireless communication method which uses visible light from LEDs as the medium for transmitting the data by turning them on and off at very high frequency which human eyes cannot sense. This technology is an apt replacement for currently prevailing Wi-Fi technology as Li-Fi is considerably faster, has almost 10,000 times broader bandwidth because it uses visible light, and it is safe to operate in electromagnetic sensitive areas.

Light Fidelity (Li-Fi)/Visible Light Communication Market report, published by Allied Market Research, forecasts that the global market is expected to garner $115 billion by 2022, registering a CAGR of 116.8% during the forecast period 2016 - 2022. In 2015, North America contributed major share in the market and will continue to lead throughout the forecast period.

Li-Fi incorporates three major components, which are LED, photodetector, and microcontroller. Among the three components, in the year 2015, LED dominated the market by contributing over 40% share of the overall component segment revenue. Also, this segment is anticipated to grow with the highest CAGR 118.1% during the forecast period owing to its low cost, increased adoption in different applications such as households, offices, vehicles, airplanes and retail stores among others. Furthermore, LEDs are preferred over all other lighting systems as they can easily be turned off and on with the use of a microcontroller.

Under the industry vertical segment, retail industry contributed over 30% of the overall Li-Fi market, in 2015. Li-Fi enables the storekeepers to monitor the positioning of customers by tracing their location to improve shopping experience and provide notifications on their cellphones. However, healthcare sector would be the fastest growing industry and is expected to register highest CAGR 125.3% during the forecast period. This is because Li-Fi does not cause any electromagnetic interference and can safely be used with other medical apparatus such as CT scanner, MRI machine, X-ray machine, and ultrasound machine among others.

North America dominated the market in 2015 by accounting for around 40% of the total market revenue and it is expected to maintain its dominance throughout the forecast period. This is accredited to the presence of various research and development facilities in the region and investment for implementation of this technology by the major companies in the region.

Asia-Pacific is anticipated to be the fastest growing region among others with CAGR of 121.7% during the forecast period. This is attributed due to the large electronic market in China and Japan as well as presence of several developing regions where governments promote the use of LED lights. In Asia-Pacific, China holds about 50% of the market at present and is expected to maintain its leading position throughout the forecast period.

Light Fidelity (Li-Fi)/Visible Light Communication MarketKey findings:

In 2015, LED component led the overall Li-Fi market revenue, and is projected to grow at a CAGR of 118.1% during the forecast period.

Retail industry vertical segment is projected to grow at a CAGR of 112.8% during the analysis period.

Asia-Pacific is anticipated to be the fastest growing region growing at a CAGR of 121.7% during the forecast period.

The key players in the Li-Fi market are focused on intensive research and development such as undergoing researches in Edinburgh University and the research facility of pureLiFi in United Kingdom, to improve their product quality and partnerships to reach untapped regions. Key players in the market have adopted product launch as their key strategy to grow in the market. For instance, launch of enhanced lighting named Atlanta for precise indoor positioning by acquity brands and the Li-Fi enabled router, LiFi-x by pureLiFi The key players profiled in the report include General Electric, Oledcomm S.A.S, Renesas Electronics Corporation, pureLiFi, LVX SYSTEM, Acuity Brands Lighting, Inc., Qualcomm technologies Inc., IBSENtelecom Ltd., Koninklijke Philips N.V., and Panasonic Corporation.

[david843346]

Visible Light Communication Market: Global Demand Analysis & Opportunity Outlook 2035

Research Nester’s recent market research analysis on “Visible Light Communication Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global visible light communication market in terms of market segmentation by component, transmission type, application, and by region.

Rise in Adoption of Automotive to Boost Growth of Global Visible Light Communication Market

The global market for visible light communication is estimated to grow on account of the rise in the adoption of automobiles. Visible light communication is widely used in vehicle communication as a result of the availability of car lights and the already-existing system of traffic signals. This may include cooperative forward collision warning, emergency electronic brake lights, pre-crash sensing, lane change warning, left turn assistant, stop sign movement assistant, traffic signal violation warning, and curve speed warning.

Another key driver for visible light communication (VLC) systems is the rising acceptance and use of wireless applications. Investments are necessary for the market expansion of visible light communication (VLC) due to the issue of the radio spectrum bottleneck faced by Wi-Fi and cellular radio systems. Additionally, the popularity and use of VLC technology would grow as a result of technological developments that solve difficulties with network coverage and dependability, line of sight (LOS) requirements, and system setup complexity.

Some of the major growth factors and challenges that are associated with the growth of the global visible light communication market are:

Growth Drivers:

Growth on its Application in the Healthcare Industry

Advancement in Educational Institutions

Challenges:

The biggest problem is signal deterioration caused by environmental factors including fog, scintillation, absorption, scattering, and physical obstructions such as trees and birds during signal propagation, which leads to dependability problems. Optical beams are adversely affected by the atmosphere, and this effect intensifies with link length. Fog is the main obstacle to VLC communications. A network architecture that reduces the distances between VLC links and increases network redundancies is the main strategy for combating fog while installing VLC. Currently, fading of signals during propagation owing to environmental interference is providing a significant dependability concern.

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By application, the market visible light communication is segmented into consumer electronics, defense & security, transportation, public infrastructure, and life sciences. Out of these segments, the public infrastructure segment is expected to generate the highest revenue by the end of 20235. However, the transportation segment is also anticipated to grow. Traffic management is facing enormous difficulties as a result of rising traffic and population. For effective administration, the amount of data being communicated via public Wi-Fi is neither sufficient nor secure. In contrast to traffic management, vehicle-to-vehicle, and vehicle-to-infrastructure communication is a promising application for VLC. In traffic management systems, such as roadside lights and traffic signals employing VLC, there is a growing opportunity as traffic lights use LED lighting. For instance, pedestrians may cross a roadway by using a walker's smartphone with VLC to manage traffic from street lights.

By region, the Asia Pacific market for visible light communication is anticipated to grow over the forecast period. Rising government initiatives for smart cities are responsible for the market expansion in this area. The concept of "smart cities" is significantly impacted by the Internet of Things (IoT). Additionally, merging Li-Fi and IoT might greatly enhance smart cities. Consequently, it is projected that visible-light communication would become more popular. Additionally, Li-Fi, which would also automate a number of smart city tasks, would make large-scale connectivity possible. The majority of public spaces are now powered by LED lights, which have previously been installed in many Asia Pacific countries. Therefore, it also projected increasing market demand in this area.

Access our detailed report at: https://www.researchnester.com/reports/visible-light-communication-market/5021

[canadiancellparts]

It’s all about iPhone XR Parts – Check All Details

The iPhone XR has been a popular and revolutionary device in the smartphone industry. This model from Apple is known for its sleek design, powerful performance, and outstanding camera capabilities.  To realize this technological amazing thing better, it will be better to delve into its internal components.

Display Assembly – the Key Part of Your Smartphone

The iPhone XR features a Liquid Retina LCD display, measuring 6.1 inches diagonally. The display assembly comprises multiple components, including the LCD panel, touch digitizer, and backlight. The LCD panel delivers vibrant colors and sharp images, while the touch digitizer enables the device's responsiveness to touch inputs. The backlight illuminates the display, ensuring a clear and visible screen under varying lighting conditions.

A12 Bionic Chip for Enhanced Performance and Power Efficiency

At the core of the iPhone XR's processing power lies the A12 Bionic chip. This cutting-edge processor is designed to enhance performance, power efficiency, and neural engine capabilities. It enables seamless multitasking, faster app launches, and smoother gaming experiences, making the iPhone XR a powerhouse in the smartphone market.

Battery – the Life Line of Your Smartphone

The iPhone XR boasts a high-capacity lithium-ion battery, essential for delivering long-lasting battery life. This battery is designed to provide optimal performance and withstand hundreds of charge cycles before significant capacity degradation. The iPhone XR's battery ensures users can enjoy their devices for prolonged periods without constant recharging.

Camera System to Get Some Better Images

The iPhone XR features a single-lens camera system on the rear. This 12-megapixel camera boasts a wide aperture and advanced image processing capabilities, resulting in high-quality photos and videos. The camera module also includes optical image stabilization, enhancing photo and video stability, even in shaky conditions. The Face ID system relies on the TrueDepth camera located in the iPhone XR's notch. This system uses infrared light to create a 3D map of the user's face, enabling secure facial recognition for unlocking the device and authenticating various features like Apple Pay and App Store purchases.

Logic Board or Main Board or Mother Board

The logic board, often referred to as the mainboard or motherboard, is the central hub that houses crucial components such as the A12 Bionic chip, memory, and connectivity chips. It facilitates communication between various components and ensures the smooth functioning of the device.

Wireless Connectivity

The iPhone XR is equipped with advanced wireless technologies, including Wi-Fi, Bluetooth, and cellular connectivity. These components enable fast data transfer, seamless wireless audio streaming, and reliable communication over mobile networks.

You can buy iPhone XR parts online from the top suppliers. Find the right one and get precise solutions.

[lighting-philips]

Top 5 trends in IoT Connected lighting Connected lighting, iot Connected Lighting

Technology has revamped various trends by far, but the lighting industry has witnessed the most significant changes Accessibility, and energy efficiency, have taken the front seat in the tech innovation industry. Lighting is no more the mechanism of on and off. As an industry, it has evolved drastically in the last two decades by the means of IoT connected lighting, machine learning, etc. 

Modern integrators are starting to prioritize this platform because it provides a means of transforming commercial spaces, giving them access to a new channel that both makes their clients delightful and brings in more revenue for their business. 

With this in mind, you should know that there are numerous trends in commercial lighting now and these innovations generate a revenue stream and experiential offering to the market.

·        An IoT connected lighting gaining momentum: This trend is dominating the field of technology and the lighting industry. The IoT lighting uses switches that are wireless to avoid directly connecting light to the module. The bulbs can be connected through devices such as smartphones, or mobile apps or can be controlled from the cloud.

·        UV C Lighting: It is one component that has grabbed all the attention that uses ultraviolet radiation to disinfect surfaces within minutes. It has come much in help during the Covid 19 pandemic which nearly inactivated the virus.

·        Li-fi, the new wifi: Light-Fidelity, is a wireless communication technology that utilizes light to communicate and exchange data between connected devices such as smartphones. Based Visible Light Communication (VLC) technology, is used to transmit frequency to the receiver. As part of connected lighting applications, Li-Fi technology has facilitated lighting to innovate and move beyond just a singular function to a communication network in itself. Security is the first and foremost feature of light-fidelity. As the walls shield the light, Li-Fi offers a more secure network than Wi-Fi alone, making it a perfect augmentation for the protocol.

·        Built-in light: LED is a big game changer in the market, due to its longer shelf life than other types of lights. By using a WiFi network or a mobile internet you can control LED bulbs from anywhere. Features include dimmable lights which you can use to remotely turn them on or off. You can even customize schedules that can be generated to control each light individually or even as a group in different areas of a house. The connected lighting can be turned on automatically at sunset or changed to be dimmable to watch a movie or turn off after you leave your home.

Healthy Lighting:  With more research on the connected lighting, wave spectrums, and how colors affect our moods, productivity, and more, health-oriented lights are getting into much use. The LEDs provide extraordinary kinds of effects with relatively simple technology. To jot down some instances, in operation theaters using blue light calms situations for surgery, or red to promote healing. It's a huge trend in lighting that's getting a lot of press and it should always.

[thetejasamale]

Li-Fi market size will grow at 31.60% of CAGR by 2030, Global Visible Light Communication Li-Fi Market Analysis By Component, Application and End User | Li-Fi Industry

[shital1998]

Optoelectronics Market- Global Opportunity Analysis and Industry Forecast (2020-2027)

Meticulous Research®—leading global market research company published a research report titled “Optoelectronics Market by Device (LEDs, Sensors), Device Material (Gallium Nitride, Indium Phosphide), Application (Measurement, Communication, Lighting), End User (Consumer Electronics, Healthcare), and Geography—Global Forecast to 2027.”

According to this latest publication from Meticulous Research®, the optoelectronics market is projected to reach a value of $ 77.9 billion by 2027, at a CAGR of 9.6% during the forecast period. The optoelectronics market is growing rapidly due to the increasing demand for optical solutions in the healthcare and automotive industries, growing adoption of smart consumer electronics devices, and riding need for durable, low power consuming components. However, high initial costs associated with manufacturing and fabrication are expected to hamper the market growth. The market is expected to witness immense growth opportunities from the proliferation of IIoT applications, advancements in Li-Fi technology, and innovations in optoelectronic devices.

Advancements in Li-Fi technology, which allows data transmission via light sources to overcome the challenges faced by 5G and Wi-Fi technologies, is expected to create huge growth prospects for the adoption of optoelectronic components in the coming years. The technology offers interference-free communication where wireless and even cellular signals fail. Moreover, the technology offers greater data security than Wi-Fi. As Li-Fi technology operates only within the visible light range, potential hackers cannot use Wi-Fi frequency sniffers to hack the data transmissions. Therefore, the technology has witnessed increased demand in the military, medical, and underwater communication applications.

                  Download Sample of This Strategic Report: https://www.meticulousresearch.com/download-sample-report/cp_id=5153

The optoelectronics market is segmented by device (LEDs [general LEDs, UV LEDs, and OLEDs], sensors [phototransistors, photodiodes, photo relays, image sensors {CMOS image sensors, CCD image sensors, hybrid image sensors}, optical sensors, and UV sensors], infrared components [detectors, transceivers, and emitters], optocouplers, photovoltaic cells/solar cells, displays, and others), device material (gallium nitride, gallium arsenide, gallium phosphide, silicon germanium, silicon carbide, and indium phosphide), application (lighting, security & surveillance, communication, measurement, displays, and others), end user (automotive, consumer electronics, aerospace & defense, IT & telecommunication, healthcare, food & beverage, energy & utilities, residential, industrial, commercial, and others). The study also evaluates industry competitors and analyzes the market at the country level.

Scope of the Report

Optoelectronics Market, by Device

 General      LEDs

 UV      LEDs

 OLEDs

  CMOS       Image Sensors

  CCD       Image Sensors

  Hybrid       Image Sensors

   Detectors

 Transceivers

 Emitters

Optoelectronics Market, by Device Material

Gallium     Nitride

Gallium     Arsenide

Gallium     Phosphide

Silicon     Germanium

Silicon     Carbide

Indium     Phosphide

Optoelectronics Market, by Application

Lighting

Security     & Surveillance

Communication

Measurement

Displays

Others

Optoelectronics Market, by End User

Automotive

Consumer     Electronics

Aerospace     & Defense

IT     & Telecommunication

Healthcare

Food     & Beverage

Energy     & Utilities

Residential

Industrial

Commercial

Others

Optoelectronics Market, by Geography

 U.S.

 Canada

 U.K.

 Germany

 France

 Spain

 Italy

 Russia

 Rest      of Europe

 China

 India

 Japan

 South      Korea

 Indonesia

 Australia

 Rest      of Asia-Pacific

 UAE

 Saudi      Arabia

 South      Africa

 Rest      of the Middle East & Africa

 Brazil

 Mexico

 Argentina

 Rest      of Latin America

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 Based on device, the optoelectronics market has been segmented into LEDs, sensors, infrared components, optocouplers, photovoltaic cells, displays, and others, such as optical fiber, solid-state relays, and laser diodes. The sensors segment is projected to register the highest CAGR during the forecast period. The use of optical sensors in the textile industry offers improved safety, CMOS image sensors are used in cameras, spectroscopy, and LiDAR systems, and plasmonic color sensors are used for LED monitoring and colorimetry, among other applications. Key players are emphasizing the development of advanced CMOS and hybrid sensors for capturing the data precisely and catering to a wide application area.

Based on device material, the optoelectronics market has been segmented into gallium nitride, gallium arsenide, gallium phosphide, silicon germanium, silicon carbide, and indium phosphide. Silicon carbide (SiC) is expected to witness immense demand during the forecast period, as SiC semiconductor components are being used increasingly in advanced electronic applications. SiC can handle high power density due to its high breakdown voltage and high-frequency band, which allows significant performance enhancements in electronics applications. Moreover, SiC-based components work well in hot and rugged environments with a minimal mean time to failure (MTTF), thereby improving the quality and reliability of the components.

Based on application, the optoelectronics market has been segmented into lighting, security & surveillance, communication, measurement, displays, and other applications, such as infotainment, spectrometry, and scanning. The measurement segment commanded the largest share amongst the various other applications in the optoelectronics market in 2020. Optoelectronic measurement systems are more accurate than the other systems, due to which they are used for process monitoring and control across various industries and in machine vision and other applications. Thus, the increasing adoption of machine vision and IoT technologies is driving the adoption of optoelectronics components for measurement applications.

Based on end user, the optoelectronics market is segmented into automotive, consumer electronics, aerospace & defense, IT & telecommunication, healthcare, food & beverage, energy & utilities, residential, industrial, commercial, and others, such as media & entertainment, retail, and government. In 2020, the consumer electronics segment accounted for the largest share of the optoelectronics market, owing to the increasing adoption of smart consumer devices and the need for advanced display and camera technology for televisions, smartphones, wearables, and other consumer electronics devices.

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 Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis for North America (the U.S. and Canada), Europe (the U.K., Germany, France, Spain, Italy, Russia, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Indonesia, Australia, and the rest of Asia-Pacific), Middle East & Africa (UAE, Saudi Arabia, South Africa, and the rest of the Middle East & Africa), and Latin America (Brazil, Mexico, Argentina, and the rest of Latin America). Asia-Pacific commanded the largest market share in 2020, and the regional market is projected to record the highest CAGR between 2020 to 2027, followed by North America and Europe. The growth in the region is mainly attributed to the presence of key players such as Renesas, Rohm Co., Ltd, Hamamatsu Photonics K.K., Samsung Electronics Co., Ltd., Sony Corporation, Panasonic Corporation, and Sharp Corporation along with other small regional players. Moreover, growth in the healthcare, consumer electronics, and automotive industries across some of the fastest-growing economies of the world, such as India, China, and Indonesia, is projected to further fuel the market’s growth.

Key Players

The key players operating in the optoelectronics market are Rohm Co., Ltd (Japan), Renesas (Japan), Vishay Intertechnology, Inc. (U.S.), Hamamatsu Photonics K.K. (Japan), Osram Licht AG (Germany), ON Semiconductor (U.S.), Cree, Inc. (U.S.), TT Electronics (U.K.), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Panasonic Corporation (Japan), General Electric Company (U.S.), Sharp Corporation (Japan), Broadcom (U.S.), and Texas Instruments (U.S.).

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 Key Questions Answered in the Report-

·          

 Which are the high-growth market      segments in terms of device, device material, application, end user, and      region/countries?

 What was the historical market      size for optoelectronics across the globe?

 What are the market forecasts and      estimates for the period 2020–2027?

 What are the major drivers,      restraints, and opportunities in the global optoelectronics market?

 Who are the major players in the      optoelectronics market?

 How is the competitive landscape,      and who are the market leaders in the global optoelectronics market?

 What are the recent developments      in the global optoelectronics market?

 What are the various strategies      adopted by the major players in the global optoelectronics market?

 What are the geographical trends,      and which are the high-growth regions/countries?

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Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market Value Chain Analysis & Profit Margin Study Report, 2024

The global Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market was projected at US$ 454.8 million in 2015 and is anticipated to touch US$ 101.30 billion by the completion of the year 2024. The technology of light fidelity is meant for the wireless communication amid the devices utilizing the spectrum of visible light and infrared to transfer information and location. For the broadcast of visible light, merely LED lamps can be utilized in its present-day condition.

In terms of technology it can be referred to as a visible light transport network system, which is able to conveying information by high speeds above the spectrum of infrared and visible light. The communication is fully networked wireless, high speed, and bi-directional. It provides access to multiple user and mobility.

By way of the continually developing technologies for example Internet of Things (IoT), and 5G wireless broadband, the technology of light fidelity is certainly going to expand to the numerous additional arenas of applications for example education, aviation, healthcare, and retail. It will entirely alter the presently existing business verticals in the world today.

The technology of light fidelity can connect faraway and aloof topographies through the nation that cannot be touched over the optical fiber. It is extensively utilized in projects of smart city. Upsurge in government investment in the projects of smart city increases the demand for light fidelity.

Companies:

Some of the important companies for light fidelity market are Firefly Wireless Networks, Plain tree Systems, Panasonic Corporation, Casio, Axrtek, Oledcomm S.A.S, LVX System Corp., Koninklijke Philips, Acuity Brand Lighting Inc., Lucibel, Light Pointe Communications, IBSEN telecom, Byte Light, Avago Technologies, Pure Li-Fi, Light bee Corp., and General Electric Company.

Additional notable companies are IDRO Co. Ltd., Zero1 Pte Ltd, Siemens AG, Velmenni, Renesas Electronics Corporation, Qualcomm Technologies, Inc., Sun partner Technologies, Yuyang D & U Co., Ltd., Wipro, LLC, FSOna Networks Corp, LG Innotek Co., Ltd, Semicon Light Co., Ltd., Bridge lux, Inc.

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Drivers and Restraints:

Increasing demand for wireless internet connection and growing necessity for high speed and protected technology of data transmission having negligible interference are the most important issues motivating the development of the global visible light communication (VLC) market. Growing usage of LED lights in light fidelity due to its fewer consumption of energy, extensive life span, low-slung price, and easy obtainability, are bolstering the global market.

Additionally, the growing demand for higher bandwidth, rewards linked with visible light communication (vlc) technology, and great development in the Research & Development activities to overwhelm the practical challenges are estimated to motivate the global market for the duration of the forecast. Yet, absence of alertness regarding the technology of light fidelity hampers the development of the market.

Classification:

The global light fidelity (Li-Fi) market can be classified by Application, Type, and Region. By Application, it can be classified as Underwater Communication, Healthcare, Automobile, Indoor Networking, Security & Defense, Electronics, Aviation & Aerospace, Advanced Tracker, Smartphone, Standalone Tracker, Retail and others. By Type, it can be classified as Photo Detector, Light Emitting Diode (LED) Lights, and Microcontroller.

Regional Lookout:

By Region the global visible light communication market can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe headed the global market by means of value. Furthermore, Asia Pacific region is likely to observe the maximum development for the duration of the forecast. Upsurge in usage of wireless data in tablets, laptops and smartphones owing to increasing inhabitants and speedy development in the region is projected to motivate the market for the duration of the forecast. Furthermore, growth in the demand for completely protected, bidirectional and highspeed wireless communication is projected to increase the market within the area.

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Li-Fi Market Set to Witness an Uptick by 2023 | Market Research Future

Market Scope

The Li-Fi market 2020 is likely to touch an approx. valuation of USD 51 Billion by 2023, confirms Market Research Future (MRFR). MRFR also reports that the market can progress at an incredible rate of 70% between 2017 and 2023 (which is the forecast period).

Growth Boosters and Main Barriers

A wireless communication technology, Li-Fi makes use of the visible and infrared light spectrum to induce high-speed data. The technology is sort of an extension of the visible light communication concept, offering bi-directional, secure, high speed, as well as completely networked wireless communications. It also backs user mobility as well as multiuser access.

Li-Fi is expected to emerge as an impactful technology across various industries. It has the potential to unlock the benefits of IoT, boost Industry 4.0 applications, and also encourage the growth of the light-as-a-service technology within the lighting industry. The government is continuously backing up the ICT sector, thanks to the rising demand for energy management. With the growing efforts in the ICT sector by the government like the smart city concept, more and more vendors are compelled to make massive investments in the innovation of Li-Fi. This can give a substantial boost to the Li-Fi market growth in the approaching years.

Some of the well-known companies like Philips and General Electric are spending considerable amount on the Li-Fi technology on account of the surge in internet users paired with the rampant demand for transmission of high speed data. Various other players such as Velmenni and LightBee are exploring new and creative solutions to stimulate growth of the Li-Fi industry.

LiFi Market Trends

LED or light emitting diode is an essential component of Li-Fi systems. Therefore, the rising demand for LED can mean stupendous growth for the Li-Fi market in the following period. LED is gaining significant traction across the world as it consumes low power, expels no toxic emission, and offers higher illumination. Governments across the globe offer these lights at subsidized prices, which also helps boost its demand. The trend of increasing use of LED can be instrumental in the demand for the Li-Fi market during the evaluation period.

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Market Segmentation

The main segments analyzed while studying the Li-Fi market include component, application, as well as end-user.

With respect to the component, the market comprises optical sensing, light emitting diode (LED), photo detector, microcontroller, and others. The LED segment can claim the leading position in the global market.

The main applications of the Li-Fi technology are advance tracker, standalone tracker, smart phones, and others.

The end-users in the worldwide market are government, education, automotive, aerospace, healthcare, retail, and others. Between these, retail can be the most notable end-user, advancing at the fastest rate in the coming period. LiFi facilitates smooth transfer of every kind of data in a retail store, ranging from the store front end to the customer interaction inside the store. Li-Fi ensures security, speed, data density as well as energy efficiency, all of which are necessary in the retail industry.

Regional Insight

MRFR report has studied the primary regions of Asia Pacific (APAC), North America, Europe and Rest of the World or RoW, while conducting the research on the Li-Fi market

North America has successfully clinched the leading position in the global market, in line with the rapid advancement in the ICT industry, like Internet of Things, wireless sensor network and Big Data. With the consequent development of smart buildings has resulted in the massive growth of the Li-Fi market in the region. The surging applications of services that are indoor location-based equipped with light fixtures, especially in hotels and retail shops can also help the regional market generate considerable revenue in the near future. Celebrated companies like ByteLight Inc. and GE Lightings are increasingly installing VLC, which helps retailers track the shopping history of a customer by collecting their location details. This factor is anticipated to leave a positive impact on the Li-Fi market in the region.

With the fastest expansion rate, the APAC market can benefit from the increasing investments as well as the surge in partnerships between Li-Fi vendors. The growing support from the government across India and China for the development of smart-city projects can also promote the progression of the Li-Fi market in the region.

Significant Competitors

LightBee Corporation (U.S.), LightPointe Communications Inc. (U.S.), FSONA Networks (U.K), Koninklijke Philips N.V. (the Netherlands), Panasonic Corporation (Japan), PureLiFi Limited (U.K), Oledcomm (France), Velmenni (Tartu), Acuity Brands, Inc. (U.S.), General Electric (U.S.), are the top contenders that are responsible for the Li-Fi industry expansion around the world.

Latest News

April 2020

In the wake of the Covid-19 outbreak, Nav Wireless Technology Pvt Ltd (India) has developed a LiFi-based communication solution that can be used in hospitals for managing coronavirus patients. It is considered to be a massive breakthrough for the teams that are continuously exposed to the virus.

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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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