Europe Visible light communication Market is Expected to Reach $1,774.1 million in 2018


Posted January 20, 2015 by mmm441

The European Visible Light Communication (VLC) market report defines and segments the concerned market in Europe with analysis and forecast of revenue.

 
The European Visible Light Communication (VLC) market report defines and segments the concerned market in Europe with analysis and forecast of revenue. This market was valued $82.1 million in 2013, and is expected to reach $1,774.1 million by 2018, at a CAGR of 84.9% from 2013 to 2018.

Browse through the TOC of the European Visible Light Communication market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of the market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-visible-light-communication-2674920293.html


This market is segmented and forecast based on components and applications. The components segment of this market comprises Infrared (IR) Emitter, Image Sensor, Light Emitting Diode (LED), Optocouplers, and Other Components. The market is further segmented and forecast based on applications, that includes In flight entertainment and communication, Indoor networking, Intelligent traffic system, and Location based service.


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Visible Light Communication (VLC) is one of the advanced optical wireless communication technologies, in which light in the visible region (375nm-780nm) is used as a medium for data transfer. VLC technology uses the existing lighting infrastructure like LEDs as transmitters with a few alternatives. Using LEDs for illumination and transmission will be economical in the long run as they consume less power and are more durable as compared to the other lighting sources such as incandescent and fluorescent lamps.

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The European VLC market is emerging mainly because of several activities undertaken by the government, such as ban the high power consuming incandescent bulbs and replace those with LEDs in order to lower green house gas emissions and energy use. This replacement is faster in the European region as compared to other geographical regions. Countries contributing towards the European VLC market are the U.K., Germany, France, and Italy. VLC is cost effective, thus it becomes a promising technology for future, since it is of low cost. Moreover, it is based on LEDs, which are getting cheaper as technology is evolving.

Related Reports:
North America Visible light communication Market

http://www.micromarketmonitor.com/market/north-america-visible-light-communication-1575294216.html

Reliability and network coverage are the major issues to be considered by the companies while providing VLC services. Interferences from external light sources like sun light, normal bulbs, and opaque materials in the path of transmission will cause interruption in the communication. High installation cost of the VLC systems can be complemented by large-scale implementation of VLC. Adopting VLC technology will reduce further operating costs like electricity charges, and maintenance charges.

http://www.micromarketmonitor.com/market/latin-america-visible-light-communication-4746716006.html
Asia-Pacific Visible light communication Market




This report categorizes the VLC/Li-Fi market for APAC, based on components, applications, and country. Components include LEDs, infrared emitters, Opto-couplers, and image sensors. Major applications of VLC/Li-Fi covered in this report are intelligent traffic management systems (ITMS), indoor networking, in-flight entertainment, underwater communication, and location based service (LBS). The APAC market is fragmented into China, Japan, India, and South Korea. The report also describes FSO market by applications, including enterprise applications, mobile carrier backhaul, and military & aerospace, and country.
http://www.micromarketmonitor.com/market/asia-pacific-visible-light-communication-4236254541.html

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Categories Research , Semiconductors , Technology
Tags europe visible light communication market report , visible light communication , visible light communication market
Last Updated January 20, 2015