Global Free Space Optics Market: Primarily Propelled by constantly expanding telecommunication industry
© Dinesh Patel
According to the latest report published by Variant Market Research, the global free space optics market size was valued at $101.9 Million in 2016 and is expected to reach $1223.1 Million by 2024. In this report, free space optics market forecast says that the global market is growing at 36.4% CAGR from 2016 to 2024.
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The global free space optics market is mainly driven by high penetration of 3G and 4G in emerging countries
Rising applications of free space optics into healthcare and military, growing demand for multimedia services and data streaming, and ever expanding telecommunication industry are the global free space optics market trends. However, environment turbulence is the major hindrance for the free space optics market growth. Moreover, high installation cost is expected to generate numerous growth opportunities for the market in the coming years.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/information-communication-technology/free-space-optics-market/toc
Market Segmentation
Application, component, and geography are the segmentation of the global free space optics market. The application segment is classified into data transmission, healthcare, disaster recovery, defense, storage area network, security, last mile access, and other applications. Further, by component the segmentation includes modulator, encoder & decoder, transmitter, receiver, demodulator, and other components.
Geographically, the market has been bifurcated into North America, Europe, Asia-Pacific, and RoW. North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (India, China, South Korea, Japan, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in this market.
Based on component, transmitter occupied the majority of the free space optics market share in 2016
On the basis of component, transmitter sub-segment contributed for the major market share accounting for 28.6% and receiver sub-segment for 26.7, in the year 2016 owing to large bandwidth, smaller diameter and light weight characteristics.
Data transmission by application accounted for the leading market share in 2016
Data transmission, application segment dominated the major market share of 21.52%in the year 2016, owing to high penetration of internet. Defense anticipated to be the second largest segment with 20.39%, due to growing budget allocation for the military.
Asia-Pacific led the global free space optics market in 2016
On the basis of geography, Asia-Pacific is likely to attain the fastest CAGR throughout the forecast period and is expected to continue its trend during the forecast period 2016 to 2024. The factors driving the growth of the region include increasing expenditure by government, heavy investments on infrastructure, development of smart cities and emergence of technology start-up companies. Moreover, North America accounts the maximum share of the market followed by Europe in the year 2016. In addition, Washington, Maryland, Colorado, Virginia, Massachusetts is also witnessing a high demand in the global free space optics market.
To browse the complete report, visit at @ https://www.variantmarketresearch.com/report-categories/information-communication-technology/free-space-optics-market
Competitive Landscape
Key players profiled in the report include Panasonic Corp., Trimble Hungary Ltd., Anova Technologies, Wireless Excellence Ltd., General Electronics Co., Fujitsu Ltd., Lightbee Corp., Harris Corporation, Outstanding Technology, LightPointe Communications, Inc., pureLiFi Ltd., and Koninklijke Philips N.V. among others.
Scope of Free Space Optics Market
Component Segments
• Transmitter
• Receiver
• Modulator
• Demodulator
• Encoder & Decoder
• Others
Application Segments
• Security
• Airborne Application
• Healthcare
• Storage Area Network
• Data Transmission
• Defense
• Disaster Recovery
• Last Mile Access
• Others
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Italy
o France
o Germany
o Others
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Others
• RoW
o South America
o Middle East
o Africa
Related Topics
1. Global Non-Destructive Testing Equipment Market is Estimated to Reach $4,288 Million by 2024, Says Variant Market Research
2. Global IT Services Market is Estimated to Reach $1,752 Billion by 2024, Says Variant Market Research
3. Global Hyper Spectral Imaging Systems (HSI)Market is to reach $18.9 Billion by 2024 due to growth in industrial application, rise in demand from medical and food processing industry, and augmented demand for remote sensing and surveillance Says, Variant Market Research
4. Smart Irrigation Market Global Scenario Market Size, Outlook, Trend and Forecast, 2016 – 2025
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit @ https://www.variantmarketresearch.com
Contact Us:
John Dave,
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: john.dave@variantmarketresearch.com
Email: help@variantmarketresearch.com
Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/information-communication-technology/free-space-optics-market/sample-request
The global free space optics market is mainly driven by high penetration of 3G and 4G in emerging countries
Rising applications of free space optics into healthcare and military, growing demand for multimedia services and data streaming, and ever expanding telecommunication industry are the global free space optics market trends. However, environment turbulence is the major hindrance for the free space optics market growth. Moreover, high installation cost is expected to generate numerous growth opportunities for the market in the coming years.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/information-communication-technology/free-space-optics-market/toc
Market Segmentation
Application, component, and geography are the segmentation of the global free space optics market. The application segment is classified into data transmission, healthcare, disaster recovery, defense, storage area network, security, last mile access, and other applications. Further, by component the segmentation includes modulator, encoder & decoder, transmitter, receiver, demodulator, and other components.
Geographically, the market has been bifurcated into North America, Europe, Asia-Pacific, and RoW. North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (India, China, South Korea, Japan, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in this market.
Based on component, transmitter occupied the majority of the free space optics market share in 2016
On the basis of component, transmitter sub-segment contributed for the major market share accounting for 28.6% and receiver sub-segment for 26.7, in the year 2016 owing to large bandwidth, smaller diameter and light weight characteristics.
Data transmission by application accounted for the leading market share in 2016
Data transmission, application segment dominated the major market share of 21.52%in the year 2016, owing to high penetration of internet. Defense anticipated to be the second largest segment with 20.39%, due to growing budget allocation for the military.
Asia-Pacific led the global free space optics market in 2016
On the basis of geography, Asia-Pacific is likely to attain the fastest CAGR throughout the forecast period and is expected to continue its trend during the forecast period 2016 to 2024. The factors driving the growth of the region include increasing expenditure by government, heavy investments on infrastructure, development of smart cities and emergence of technology start-up companies. Moreover, North America accounts the maximum share of the market followed by Europe in the year 2016. In addition, Washington, Maryland, Colorado, Virginia, Massachusetts is also witnessing a high demand in the global free space optics market.
To browse the complete report, visit at @ https://www.variantmarketresearch.com/report-categories/information-communication-technology/free-space-optics-market
Competitive Landscape
Key players profiled in the report include Panasonic Corp., Trimble Hungary Ltd., Anova Technologies, Wireless Excellence Ltd., General Electronics Co., Fujitsu Ltd., Lightbee Corp., Harris Corporation, Outstanding Technology, LightPointe Communications, Inc., pureLiFi Ltd., and Koninklijke Philips N.V. among others.
Scope of Free Space Optics Market
Component Segments
• Transmitter
• Receiver
• Modulator
• Demodulator
• Encoder & Decoder
• Others
Application Segments
• Security
• Airborne Application
• Healthcare
• Storage Area Network
• Data Transmission
• Defense
• Disaster Recovery
• Last Mile Access
• Others
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Italy
o France
o Germany
o Others
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Others
• RoW
o South America
o Middle East
o Africa
Related Topics
1. Global Non-Destructive Testing Equipment Market is Estimated to Reach $4,288 Million by 2024, Says Variant Market Research
2. Global IT Services Market is Estimated to Reach $1,752 Billion by 2024, Says Variant Market Research
3. Global Hyper Spectral Imaging Systems (HSI)Market is to reach $18.9 Billion by 2024 due to growth in industrial application, rise in demand from medical and food processing industry, and augmented demand for remote sensing and surveillance Says, Variant Market Research
4. Smart Irrigation Market Global Scenario Market Size, Outlook, Trend and Forecast, 2016 – 2025
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit @ https://www.variantmarketresearch.com
Contact Us:
John Dave,
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: john.dave@variantmarketresearch.com
Email: help@variantmarketresearch.com