Free Space Optics Communication Market Report

Free Space Optics (FSO) technology has emerged as a next-generation solution for high-capacity and over-the-air communications. It is gaining traction in the telecommunication sector on the back of its low initial investment, easy installation, and quick establishment of communication link. Various industries including aviation, military, automotive, and healthcare benefit from Free Space Optics (FSO) technology.

Surge in the Demand for High Bandwidth to Bode Well for the Market

Demand for high bandwidth is increasing the application of Free Space Optics Communication systems. Integration of technologies by the manufacturers to improve the performance of the Free Space Optics (FSO) communication systems is likely to offer growth prospects for the market. Growing usage of free space optics in 3G and 4G networks is also a crucial factor driving the market. Additionally, surge in the number e-commerce activities is positively impacting the market growth as e-commerce is increasingly becoming a user of high bandwidth.

Manufacturers to Develop Free Space Optics Capabilities in Future

Complete profiling of the leading companies of Free Space Optics Communication including Wireless Excellence Limited, Mostcom Ltd., CableFree, Mynaric, Optelix, Trimble Hungary Ltd., LightPointe Communications, Inc., AOptix Technologies Inc., SkyFiber, IBSENtelecom Ltd., fSONA Networks Corp., Anova Technologies, Harris Corporation, and L3 Technologies has been mapped in the report.

For instance, one of the key companies, L3 Technologies is planning to develop Free Space Optics capabilities for the US Department of Defense (DoD) and space customers. Besides, manufacturers are anticipated to invest in extensive research and development activities and expand their production capacities so as to reinforce their presence in the market.

Market Segmentation

By Components

● Transmitters

● Modulators

● Receivers

● Encoders and Decoders

● Demodulators

By End User

●  Data transmission

●  Airborne applications

●  Defense

●   Storage area network

●  Healthcare

●  Last mile access

● Disaster recover

Application of Free Space Optics Communication is estimated to foresee an upsurge in data transmission as the data transmitted with the help of free space optics is safer when compared with other conventional technologies. FSO Communication is also gaining traction in the defense or military sector on the back of its high bandwidth capacity, low energy consumption, low bit error rate, and high security. The report has also studied the key components associated with Free Space Optics (FSO) Communication.

By Region

As per the market analysts, North America is a frontrunner in the Free Space Optics Communication market on the back of presence of a strong telecom infrastructure and early adoption of the latest technology. The US and Canada are the key countries contributing to the regional market growth. APAC is also likely to create opportunities for the manufacturers of Free Space Optics Communication System. This is attributed to spread of the telecommunication and IT industries in China and India.

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