Global Free Space Optics Market 2017-2021

Overview of the global free space optics market

Research analysis on the global free space optics (FSO) market identifies that the rise in the growth of internet traffic will be one of the major factors that will have a positive impact on the growth of the market. Factors such as utilization of high-bandwidth applications, expanding online video content, and rise in the number of mobile internet users will lead to the rise in the global IP traffic during the forecast period. Moreover, the introduction of innovative wireless technologies, such as Z-Wave and ZigBee, has further raised the Internet traffic levels as they allow easy connectivity to an extensive range of devices. Network operators are improving their networks and deploying optical technologies, such as FSO, to support the high volume of data as they offer faster data transfer and better bandwidth with lesser chances of data loss. Technavio's market research analysts predict that the free space optics market will grow at a CAGR of more than 41% by 2021.

The rise in applications of FSO in end-user industries is one of key trends that will gain traction in the FSO market during the forecast period. The transportation, aviation, and automotive sectors are the major industries that largely benefit from the usage of FSO systems. The usage of FSO enables in-flight data communication in the commercial aviation sector and also enables underwater communication between divers and remote-operated vehicles. Moreover, FSO systems also enables communication in hospitals and healthcare facilities since they do not cause any electromagnetic interference. This will result in the rise in adoption of FSO technology across the various sectors, which in turn, will drive the market's growth prospects in the forthcoming years.

Competitive landscape and key vendors  

The FSO market has high growth potential and is witnessing new product developments, acquisitions, collaborations, and partnerships across the value chain. The market is likely to grow further during the forecast period due to factors such as increased government funding, need for fast and safe data transfers, R&D activities, and bandwidth limitation among several industries. Manufacturers that have their presence across various geographical regions have an advantage over their competitors and to overcome chalenges such as low pricing, the vendors are focusing on making huge investments in R&D and are also expanding their production capacities.

The leading vendors in the market are ?

• fSONA Networks
• LightPointe Communications
• Wireless Excellence

The other prominent vendors in the market are Plaintree Systems and Trimble Hungary.

Segmentation by application and analysis of the FSO market

• Communications
• Aerospace and defense

The communications application segment accounted for the major share of the FSO market during the forecast period.  This is mainly due to the rising need for mobile infrastructure and availability of improved features such as large bandwidth, high data rates, free licensing, and easy deployment in the FSO technologies in the communications segment. This will to the growth of the free space optics market in the coming years. 

Geographical segmentation and analysis of the FSO market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market throughout the forecast period. The rise in the number of applications of FSO devices in the defense sector, the growing popularity of 5G networks, and the adoption of better wireless infrastructures, will b the major factors driving the market's growth prospects in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global free space optics market?
• What are the key market trends impacting the growth of the global free space optics market?
• What are the challenges to market growth?
• Who are the key vendors in the global free space optics market?
• What are the market opportunities and threats faced by the vendors in the global free space optics market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global free space optics market?

Technavio also offers customization on reports based on specific client requirement.

Free space optics is a type of optical communication technology that transmits beams of light through the atmosphere to obtain broadband communications. In order to for the clients to gain competitive advantage, Technavio offers a wide range of research reports from the hardware and semiconductor industry and provide a complete market landscape analysis of the embedded systems sector. The upcoming research report on the global free space optics market provides an analysis of business intelligence facts and figures such as key market players, competitive landscape, growth potential, and market size, which helps the client in gaining critical knowledge to maximize its ROI.

Research analysts at Technavio go through a rigorous analysis of research journals, expert opinions, telephone surveys and interviews, and client review to oversee primary and secondary research. The information thus collected helps the client achieve their business objectives by serving as an essential business decision-making tool to accurately forecast the growth potential of the market.

This upcoming report on the global free space optics market also analyzes the market share and vendors operating in each geographic segment such as the Americas, EMEA, and APAC, which helps the client in making business decisions on resource allocation as required by each region. Apart from this it also uses various segmentation criteria to present a segregated view of the market to make better target market decisions. Increasing use of 4G and the upcoming trend of 5G network would likely drive the growth of this market space.

Trimble Hungary, Mostcom, AOptix Technologies, Optelix, LightPointe Communications, IBSENtelecom, Harris, Anova Technologies, fSONA Networks, and Wireless Excellence are some of the vendors covered in this report to provide a detailed competitive landscape assessment of this market. The upcoming research report on the global free space optics market also includes an analysis of the market size, technological and network evolution, major growth drivers, emerging trends, competitive landscape, and opportunities and challenges faced by the industry. The report also covers the opportunities and issues faced by vendors in this market and provide an overview of semiconductor equipment and sensors sector.

Our market research methodology for the global free space optics market

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