LIFI Building Automation Market

LIFI Building Automation Market Analysis

The LIFI Building automation market will undergo double-digit growth over the next ten years. This will be due to several factors. The most vital among them will be developments in AI since LiFi building automation is based on it.

There are several inherent benefits to LiFi so it will be central to IoT, AI, and other emerging technologies. This signaling technology takes advantage of the infrared and visible light spectrum to transfer data at the same rates that are much higher than what WiFi is currently capable of.

The global LIFI Building Automation market is expected to witness a CAGR of 65% during the forecast period. The revenue generated by the global LIFI Building Automation market in 2021 was over USD 283.43 million and is expected to generate revenue worth USD 9,437.00 million in 2028. Therefore, the incremental growth opportunity offered by the global LIFI Building Automation is estimated to be USD 23.51 billion between 2022 and 2028.

Interesting Facts about LIFI Building Automation Industry

• LIFI Building Automation facilitates high-speed data transmission
• LIFI Building Automation is expected to witness multi-fold growth during the next few years
• LIFI communication cannot penetrate through walls
• Li-Fi is a derivative of optical wireless communications (OWC) technology
• Instead of RF waves, Li-Fi uses ultraviolet, infrared and visible light communication

LIFI leverages light sources to keep you connected with the internet. This may sound implausible to many, but the technology is under development and will soon become a reality. This is what wireless connectivity will evolve into. LIFI is short for Light Fidelity. This is an optical wireless networking technology that uses LEDs to transmit data. Just think of it as a WiFi system based on light rather than radio waves.

An LED light source gives off light when a constant current passes through it. As a result, small energy packets known as photons are emitted as visible light. As LEDs are semiconductors, it is possible to modulate them at tremendous speeds, thereby allowing data transmission. The light signals are captured by a photodetector device that generates a current that depends on the intensity of input light. Residential, Commercial, and Industrial are major application markets for LIFI Building Automation.

Li-Fi Technology is Still Being Researched

This technology is currently under development. This revolutionary technology can allow internet access in remote areas where it may not be possible to transmit radio frequencies at high efficiency.

LIFI will prove to be a revolutionary technology since it is based on the function of LEDs. Since light waves have a much shorter frequency than radio waves, it has more significance and thus the potential for much higher data rates. Therefore, LEDs may be deployed in the future for LIFI transmission, giving rise to a cleaner form of data networking.

Need for High Speed

Wireless data is the key to modern technology. WiFi is in use almost everywhere. However, it will soon prove to be inadequate. This is because no more free electromagnetic spectrum will be left to transmit data. Internet users are increasing fast that there will be no more electromagnetic spectrum left to transfer information. This scenario is known as the spectrum crunch. Spectrum crunch is a situation where the electromagnetic spectrum is unavailable to give new users internet access. Hence, this scenario has immense ramifications for modern communications.

Although WiFi is currently being used for transmitting data wirelessly, it will not be able to keep pace with the increasing number of internet users. As a result, WiFi will be unable to fulfill future demands. On the other hand, Lifi will prove to be a game changer because its spectrum has a thousand times greater capacity than the spectrum that we are currently using. Hence, the future of LIFI is, well, bright.

Indoor and Outdoor are two significant segments of the LIFI Building Automation industry. LightBee Corp., Lucibel SA, LVX System, Oledcomm SAS, pureLiFi Ltd, Renesas Electronics Corporation, Signify Holding BV, SLD laser, and Velmenni OU are some of the prominent players in the global LIFI Building Automation market.

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global LIFI Building Automation Market

3.Market Dynamics & Factors Analysis
3.1.Introduction
3.1.1. Global LIFI Building Automation Market Value, 2016-2028, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2021
3.3.1.Type
3.3.2.Application
3.3.3.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Types
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2021
4.1.Company market share of key players, 2021
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global LIFI Building Automation Market Pre Vs Post COVID 19, 2019 – 2028
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America LIFI Building Automation Market, by Country, 2016-2028(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America LIFI Building Automation Market, by Type, 2016-2028(US$ Bn)
6.2.1.Overview
6.2.2.Indoor
6.2.3.Outdoor
6.3.North America LIFI Building Automation Market, by Application, 2016-2028(US$ Bn)
6.3.1.Overview
6.3.2.Industrial
6.3.3.Commercial
6.3.4.Residential

7.Europe
7.1.Europe LIFI Building Automation Market, by Country, 2016-2028(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe LIFI Building Automation Market, by Type, 2016-2028(US$ Bn)
7.2.1.Overview
7.2.2.Indoor
7.2.3.Outdoor
7.3.Europe LIFI Building Automation Market, by Application, 2016-2028(US$ Bn)
7.3.1.Overview
7.3.2.Industrial
7.3.3.Commercial
7.3.4.Residential

8.Asia Pacific
8.1.Asia Pacific LIFI Building Automation Market, by Country, 2016-2028(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific LIFI Building Automation Market, by Type, 2016-2028(US$ Bn)
8.2.1.Overview
8.2.2.Indoor
8.2.3.Outdoor
8.3.Asia Pacific LIFI Building Automation Market, by Application, 2016-2028(US$ Bn)
8.3.1.Overview
8.3.2.Industrial
8.3.3.Commercial
8.3.4.Residential
9.Latin America
9.1.Latin America LIFI Building Automation Market, by Country, 2016-2028(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America LIFI Building Automation Market, by Type, 2016-2028(US$ Bn)
9.2.1.Overview
9.2.2.Indoor
9.2.3.Outdoor
9.3.Latin America LIFI Building Automation Market, by Application, 2016-2028(US$ Bn)
9.3.1.Overview
9.3.2.Industrial
9.3.3.Commercial
9.3.4.Residential

10.Middle East
10.1.Middle East LIFI Building Automation Market, by Country, 2016-2028(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East LIFI Building Automation Market, by Type, 2016-2028(US$ Bn)
10.2.1.Overview
10.2.2.Indoor
10.2.3.Outdoor
10.3.Middle East LIFI Building Automation Market, by Application, 2016-2028(US$ Bn)
10.3.1.Overview
10.3.2.Industrial
10.3.3.Commercial
10.3.4.Residential

11.Africa
11.1.Africa LIFI Building Automation Market, by Country, 2016-2028(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa LIFI Building Automation Market, by Type, 2016-2028(US$ Bn)
11.2.1.Overview
11.2.2.Indoor
11.2.3.Outdoor
11.3.Africa LIFI Building Automation Market, by Application, 2016-2028(US$ Bn)
11.3.1.Overview
11.3.2.Industrial
11.3.3.Commercial
11.3.4.Residential

12.Global
12.1.Global LIFI Building Automation Market, by Type, 2016-2028(US$ Bn)
12.1.1.Overview
12.1.2.Indoor
12.1.3.Outdoor
12.2.Global LIFI Building Automation Market, by Application, 2016-2028(US$ Bn)
12.2.1.Overview
12.2.2.Industrial
12.2.3.Commercial
12.2.4.Residential

13.Company Profiles
13.1.LightBee Corp.
13.2.Lucibel SA
13.3.LVX System
13.4.Oledcomm SAS
13.5.pureLiFi Ltd
13.6.Renesas Electronics Corporation
13.7.Signify Holding BV
13.8.SLD laser
13.9.Velmenni OU
13.10.Others

List of Figures

FIG. 1Global LIFI Building Automation Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global LIFI Building Automation Market Segmentation
FIG. 4Global LIFI Building Automation Market, by Type, 2019 (US$ Bn)
FIG. 5Global LIFI Building Automation Market, by Application, 2021 (US$ Bn)
FIG. 6Global LIFI Building Automation Market, by Geography, 2021 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2021
FIG. 8Global Market Positioning of Key LIFI Building Automation Market Manufacturers, 2019
FIG. 9Global LIFI Building Automation Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 10Global LIFI Building Automation Market, by Indoor, Value, 2016-2028 (US$ Bn)
FIG. 11Global LIFI Building Automation Market, by Outdoor, Value, 2016-2028 (US$ Bn)
FIG. 12Global LIFI Building Automation Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 13Global LIFI Building Automation Market, by Industrial, Value, 2016-2028 (US$ Bn)
FIG. 14Global LIFI Building Automation Market, by Commercial, Value, 2016-2028 (US$ Bn)
FIG. 15Global LIFI Building Automation Market, by Residential, Value, 2016-2028 (US$ Bn)
FIG. 16U.S. LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 17Rest of North America LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 18U.K. LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 19Germany LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 20France LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 21Italy LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 22Spain LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 23Russia LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 24BENELUX LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 25Poland LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 26Austria LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 27Rest of Europe LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 28Japan LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 29China LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 30India LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 31South Korea LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 32Australia LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 33Southeast Asia LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 34Rest of Asia Pacific LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 35Middle East & Africa LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 36South Africa LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 37Nigeria LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 38Egypt LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 39GCC LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 40Israel LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 41Latin America LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 42Mechanicalzil LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 43Argentina LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 44Colombia LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 45Peru LIFI Building Automation Market, 2016-2028 (US$ Bn)
FIG. 46Chile LIFI Building Automation Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1Market Snapshot: Global Beauty Devices (LIFI Building Automation) Market
TABLE 2Global LIFI Building Automation Market, by Type, 2016-2028 (US$ Bn)
TABLE 3Global LIFI Building Automation Market, by Application, 2016-2028 (US$ Bn)
TABLE 4Global LIFI Building Automation Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5North America LIFI Building Automation Market, by Type, 2016-2028 (US$ Bn)
TABLE 6North America LIFI Building Automation Market, by Application, 2016-2028 (US$ Bn)
TABLE 7North America LIFI Building Automation Market, by Country, 2016-2028 (US$ Bn)
TABLE 8Europe LIFI Building Automation Market, by Type, 2016-2028 (US$ Bn)
TABLE 9Europe LIFI Building Automation Market, by Application, 2016-2028 (US$ Bn)
TABLE 10Europe LIFI Building Automation Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11Asia Pacific LIFI Building Automation Market, by Type, 2016-2028 (US$ Bn)
TABLE 12Asia Pacific LIFI Building Automation Market, by Application, 2016-2028 (US$ Bn)
TABLE 13Asia Pacific LIFI Building Automation Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14Latin America LIFI Building Automation Market, by Type, 2016-2028 (US$ Bn)
TABLE 15Latin America LIFI Building Automation Market, by Application, 2016-2028 (US$ Bn)
TABLE 16Latin America LIFI Building Automation Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17Middle East LIFI Building Automation Market, by Type, 2016-2028 (US$ Bn)
TABLE 18Middle East LIFI Building Automation Market, by Application, 2016-2028 (US$ Bn)
TABLE 19Middle East LIFI Building Automation Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20Africa LIFI Building Automation Market, by Type, 2016-2028 (US$ Bn)
TABLE 21Africa LIFI Building Automation Market, by Application, 2016-2028 (US$ Bn)
TABLE 22Africa LIFI Building Automation Market, by Country/Region, 2016-2028 (US$ Bn)