Market Overview:
The global Li-Fi Devices market is expected to grow at a CAGR of XX% and reach a market size of US$XX million by 2030. The global Li-Fi Devices market is segmented on the basis of type, application and region. On the basis of type, the global Li-Fi Devices market is segmented into LED bulbs, lamps and wireless devices. On the basis of application, the global Li-Fi Devices market is segmented into transportation, healthcare, vehicles, aviation and others. The regions covered in this study are North America, Latin America, Europe Asia Pacific and Middle East & Africa (MEA). Some factors that are driving the growth of this market include increasing demand for high speed internet connectivity in various industries such as transportation and healthcare among others; rising awareness about benefits offered by li-fi technology over traditional Wi-Fi technology; growing demand for energy efficient lighting solutions; rapid proliferation of smart devices; increasing penetration of 4G/LTE networks across different geographies etc.
Product Definition:
Li-Fi devices are used to create a high-speed wireless local area network (WLAN) using light waves instead of radio frequency waves. Li-Fi is a type of visible light communication (VLC) that uses LED lights to send and receive data. The term "Li-Fi" was coined by Harald Haas from the University of Edinburgh, Scotland, who gave a TED Talk in 2011 about the technology.
The importance of Li-Fi devices is that they can provide much faster data speeds than traditional Wi-Fi networks. For example, Li-Fi has been demonstrated to achieve speeds up to 224 gigabits per second (Gbps), while traditional Wi-FI networks top out at around 54 Mbps.
LED Bulbs:
LED bulbs are the new generation light source that is replacing incandescent and halogen bulbs. It offers better quality light with a longer life span than other conventional sources. The growth factor in Li-Fi devices market is its ability to provide high brightness LED light for a long time with less power consumption as compared to Wi-Fi LED lamps which consume higher power.
Lamps:
Lamps are the small energy-efficient light bulbs that provide connectivity to wireless devices. They are used in Li-Fi devices for providing illumination. The market is still at its nascent stage and has huge scope for growth over the forecast period.
Application Insights:
Based on applications, the global Li-Fi devices market has been segmented into transportation, healthcare, vehicles, aviation and others. The transportation sector is expected to emerge as the dominant segment over the forecast period owing to increasing demand for wireless communication systems in automobiles.
The healthcare sector is also expected to witness significant growth over the forecast period due to its application in medical equipment such as stethoscopes and ECG machines. Furthermore, growing adoption of LED bulbs and lamps in hospitals & clinics for better patient care is anticipated fuel product demand over the coming years. Other applications include consumer electronics & appliances such as smartwatches which are equipped with Wi-Fi connectivity that enables real-time data sharing between different devices without relying on cellular networks or Bluetooth connections. This technology has huge potential across a variety of end use industries thus providing immense growth opportunities for vendors operating within these sectors during future years (2030 - 2049).
Regional Analysis:
Europe dominated the global market in 2017, with a revenue share of over 35.0%. This is attributed to the presence of prominent players such as nVIAsoft Corporation and Giesecke+Devrient Mobile Security GmbH. The increasing adoption of smart lighting in homes and commercial spaces is also driving regional growth. Asia Pacific region, on the other hand, is expected to witness significant growth during the forecast period owing to growing demand for high-speed internet connectivity coupled with rising disposable income levels among consumers. Moreover, increasing investments by prominent industry players are projected to drive regional product demand further. For instance; In January 2018; China Telecom Inc.
Growth Factors:
- Increasing demand for high-speed internet: The need for high-speed internet is increasing day by day, and this is one of the major growth drivers for Li-Fi Devices market.
- Growing awareness about the benefits of Li-Fi technology: There is a growing awareness about the benefits of Li-Fi technology among consumers, which is fueling the growth of this market.
- Rising demand for wireless communication devices: The demand for wireless communication devices such as smartphones, tablets, and laptops is rising rapidly due to their portability and convenience, which in turn is propelling the growth of Li-Fi Devices market.
- Proliferation of smart cities: As more and more cities are getting converted into smart cities, there will be an increased demand for LED lighting systems that can supportLi-Fi technology, thereby driving the growth of this market. 5) Technological advancements: Rapid technological advancements are resulting in innovative products being launched in theLi-Fi Devices market, thus propelling itsgrowth
Scope Of The Report
Report Attributes
Report Details
Report Title
Li-Fi Devices Market Research Report
By Type
LED Bulbs, Lamps, Wireless Devices
By Application
Transportation, Healthcare, Vehicles, Aviation, Others
By Companies
PureLi-Fi, Lucibel, Oledcomm, General Electric, Osram, Sunpartner Technologies, LG Innotek, Yuyang D & U, Semicon Light, Wipro, Koninklijke Philips, Panasonic Corporation, Samsung Electronics, Lemnis Lighting, LG Electronics, Lightpointe Communications, FSOna Networks, Bridgelux, Toshiba Corporation, Cree, Sharp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Li-Fi Devices Market Report Segments:
The global Li-Fi Devices market is segmented on the basis of:
Types
LED Bulbs, Lamps, Wireless Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Healthcare, Vehicles, Aviation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PureLi-Fi
- Lucibel
- Oledcomm
- General Electric
- Osram
- Sunpartner Technologies
- LG Innotek
- Yuyang D & U
- Semicon Light
- Wipro
- Koninklijke Philips
- Panasonic Corporation
- Samsung Electronics
- Lemnis Lighting
- LG Electronics
- Lightpointe Communications
- FSOna Networks
- Bridgelux
- Toshiba Corporation
- Cree
- Sharp
Highlights of The Li-Fi Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LED Bulbs
- Lamps
- Wireless Devices
- By Application:
- Transportation
- Healthcare
- Vehicles
- Aviation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Li-Fi Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Li-Fi devices are a type of wireless communication technology that uses light instead of radio waves to send data. Li-Fi devices use a LED light source to transmit data wirelessly.
Some of the major players in the li-fi devices market are PureLi-Fi, Lucibel, Oledcomm, General Electric, Osram, Sunpartner Technologies, LG Innotek, Yuyang D & U, Semicon Light, Wipro, Koninklijke Philips, Panasonic Corporation, Samsung Electronics, Lemnis Lighting, LG Electronics, Lightpointe Communications, FSOna Networks, Bridgelux, Toshiba Corporation, Cree, Sharp.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Li-Fi Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Li-Fi Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Li-Fi Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Li-Fi Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Li-Fi Devices Market Size & Forecast, 2018-2028
4.5.1 Li-Fi Devices Market Size and Y-o-Y Growth
4.5.2 Li-Fi Devices Market Absolute $ Opportunity
Chapter 5 Global Li-Fi Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Li-Fi Devices Market Size Forecast by Type
5.2.1 LED Bulbs
5.2.2 Lamps
5.2.3 Wireless Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Li-Fi Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Li-Fi Devices Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Healthcare
6.2.3 Vehicles
6.2.4 Aviation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Li-Fi Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Li-Fi Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Li-Fi Devices Analysis and Forecast
9.1 Introduction
9.2 North America Li-Fi Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Li-Fi Devices Market Size Forecast by Type
9.6.1 LED Bulbs
9.6.2 Lamps
9.6.3 Wireless Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Li-Fi Devices Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Healthcare
9.10.3 Vehicles
9.10.4 Aviation
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Li-Fi Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Li-Fi Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Li-Fi Devices Market Size Forecast by Type
10.6.1 LED Bulbs
10.6.2 Lamps
10.6.3 Wireless Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Li-Fi Devices Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Healthcare
10.10.3 Vehicles
10.10.4 Aviation
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Li-Fi Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Li-Fi Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Li-Fi Devices Market Size Forecast by Type
11.6.1 LED Bulbs
11.6.2 Lamps
11.6.3 Wireless Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Li-Fi Devices Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Healthcare
11.10.3 Vehicles
11.10.4 Aviation
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Li-Fi Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Li-Fi Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Li-Fi Devices Market Size Forecast by Type
12.6.1 LED Bulbs
12.6.2 Lamps
12.6.3 Wireless Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Li-Fi Devices Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Healthcare
12.10.3 Vehicles
12.10.4 Aviation
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Li-Fi Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Li-Fi Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Li-Fi Devices Market Size Forecast by Type
13.6.1 LED Bulbs
13.6.2 Lamps
13.6.3 Wireless Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Li-Fi Devices Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Healthcare
13.10.3 Vehicles
13.10.4 Aviation
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Li-Fi Devices Market: Competitive Dashboard
14.2 Global Li-Fi Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PureLi-Fi
14.3.2 Lucibel
14.3.3 Oledcomm
14.3.4 General Electric
14.3.5 Osram
14.3.6 Sunpartner Technologies
14.3.7 LG Innotek
14.3.8 Yuyang D & U
14.3.9 Semicon Light
14.3.10 Wipro
14.3.11 Koninklijke Philips
14.3.12 Panasonic Corporation
14.3.13 Samsung Electronics
14.3.14 Lemnis Lighting
14.3.15 LG Electronics
14.3.16 Lightpointe Communications
14.3.17 FSOna Networks
14.3.18 Bridgelux
14.3.19 Toshiba Corporation
14.3.20 Cree
14.3.21 Sharp
