Australia Light Fidelity Market Size & Outlook, 2023-2030
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Australia light fidelity market highlights
- The Australia light fidelity market generated a revenue of USD 12.5 million in 2023 and is expected to reach USD 223.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 50.9% from 2024 to 2030.
- In terms of segment, led was the largest revenue generating component in 2023.
- Microcontrollers is the most lucrative component segment registering the fastest growth during the forecast period.
Light fidelity market data book summary
| Market revenue in 2023 | USD 12.5 million |
| Market revenue in 2030 | USD 223.5 million |
| Growth rate | 50.9% (CAGR from 2023 to 2030) |
| Largest segment | Led |
| Fastest growing segment | Microcontrollers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LED, Photodetector, Microcontrollers |
| Key market players worldwide | Signify NV, Wipro Ltd ADR, Panasonic Holdings Corp, pureLiFi, Oledcomm, VLNComm, Velmenni OÜ, LiFiComm, Lucibel, Zero1 |
Other key industry trends
- In terms of revenue, Australia accounted for 2.9% of the global light fidelity market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China light fidelity market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 208.3 million by 2030.
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Light Fidelity Market Scope
Light Fidelity Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zero1 | View profile | 1-10 | Singapore, Central Region, Singapore, Asia | https://zero1.sg/ |
| Lucibel | View profile | 51-100 | Barentin, Haute-Normandie, France, Europe | https://www.lucibel.io/ |
| LiFiComm | View profile | 1-10 | Navsari, Gujarat, India, Asia | https://lificomm.com/ |
| Velmenni OÜ | View profile | 11-50 | Tartu, Tartumaa, Estonia, Europe | http://velmenni.com |
| VLNComm | View profile | 11-50 | Charlottesville, Virginia, United States, North America | http://www.vlncomm.com |
| Oledcomm | View profile | 1-10 | Paris, Ile-de-France, France, Europe | https://www.oledcomm.net/ |
| pureLiFi | View profile | 51-100 | Edinburgh, Edinburgh, City of, United Kingdom, Europe | https://www.purelifi.com |
| Signify NV | View profile | 31920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | https://www.signify.com |
| Wipro Ltd ADR | View profile | 244707 | Sarjapur Road, Doddakannelli, Bangalore, KA, India, 560 035 | https://www.wipro.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
Australia light fidelity market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to light fidelity market will help companies and investors design strategic landscapes.
Led was the largest segment with a revenue share of 38.4% in 2023. Horizon Databook has segmented the Australia light fidelity market based on led, photodetector, microcontrollers covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of light fidelity market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia light fidelity market , including forecasts for subscribers. This country databook contains high-level insights into Australia light fidelity market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia light fidelity market size, by component, 2018-2030 (US$M)
Australia Light Fidelity Market Outlook Share, 2023 & 2030 (US$M)
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