Global Market for Free Space Optics is Anticipated to grow at a Moderate Pace i.e., USD 1,997 Million during the Forecast Period 2021-2027

Published Date: Feb, 2022

The global free-space optics (FSO) market is anticipated to grow at a 37.6% CAGR during the forecast period 2021-2027 as it offers seamless wireless connectivity. For telecommunications and other networking purposes, free-space optics is an optics-based technology that works with light propagation and wireless data transfer and is transforming the telecommunication industry. This technology is utilized in open space, such as air or vacuum. The mounting usage of 3G, 4G networks and 5G networks, fast and easy installation of FSO technology, increased penetration of smartphones, increased demand for high-speed broadband connectivity, and mounting technological development in the telecom and military sectors and in various applications Intelligence, Surveillance, and Reconnaissance (ISR), outdoor wireless access, backhaul, research and space exploration, last-mile access, etc. will propel the growth of the market. The installation time for free-space optics communication is only a few hours. These are some of the major factors propelling the FSO market forward. However, the market is confronted with a number of issues. Atmospheric turbulence, fog, obstructions like trees or buildings can hinder the features of lightwave transmitted by absorption, scattering, and reflection of the light wave and can cause scintillation, thus restraining the growth of the market.

In October 2021, Cailabs, a French deep tech business that designs, manufactures, and distributes unique photonic solutions, has received Bpifrance Deeptech's funding to help expedite the development and commercialization of its laser communication solutions. Cailabs will be able to focus on the development and production of the TILBA-ATMO device, which increases free space optical communication as it has a two-year Bpifrance Deeptech project.

The COVID-19 pandemic has moderately impacted the free space optics communication market. There is a delay in deployment of Li-Fi technology, impacted the communication infrastructure, and telecommunication sector, thereby affecting the stakeholder in the supply chain.

Browse 63 market data Tables and 35 Figures spread through 300 Pages and in-depth TOC on " Free Space Optics Market by Component (Transmitters, Receivers, Modulators, Demodulators, and Others), by Platform (Terrestrial Platform, Satellite Platform, and Airborne Platform), by Range Type (Short-Range, Medium-Range, and Long-Range), by Application (Storage Area Network, Data Transmission, Mobile Backhaul, Enterprise Connectivity, Disaster Recovery, Defense, Satellite, and Others), and Region - Global Forecast to 2027"

By application, defense sector plays an important role in the free space optics market.

Based on application, the global free space optics market is classified into storage area network, data transmission, mobile backhaul, enterprise connectivity, disaster recovery, defense, satellite, and others. The increased application of FSO in the defense sector is playing a significant role as FSO offers high bandwidth capacity, low bit error rates, less power consumption, and high communication security. Moreover, FSO is a secured communication device having high transmission distances that are important for military operations in hostile environments like jungles or deserts.

Global Free Space Optics Market Segmentation Analysis

Segment

Categorization

Leading Category

Component

Transmitters, Receivers, Modulators, Demodulators, and Others

Transmitters

 (High CAGR)

Modulators and Demodulators (Fastest)

Platform

Terrestrial Platform, Satellite Platform, and Airborne Platform

Terrestrial Platform (Largest)

Satellite Platform

(High CAGR)

Range Type

Short-Range, Medium-Range, and Long-Range

Short-Range (Highest)

Long-Range

(High CAGR)

Application

Storage Area Network, Data Transmission, Mobile Backhaul, Enterprise Connectivity, Disaster Recovery, Defense, Satellite, and Others

Data Transmission (Largest)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

Asia-Pacific

(High CAGR)

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“Asia-Pacific is anticipated to have a high CAGR during 2021-2027.”

Asia-Pacific is anticipated to have a high CAGR in the free space optics market owing to the rapid proliferation of telecommunication and IT in developing economies like India and China will drive the growth of the free space optics market. Moreover, developed infrastructure, increased manufacturing facilities, rising CAD industry will further accelerate the growth of the free space optics market.

Some of the major players in the global free space optics market include fSONA Networks, SA PHOTONICS, A CACI Company, Plaintree Systems Inc., Mostcom JSC, AIRLINX Communications, Inc., Trimble Hungary Kft., Cailabs, Collinear Networks, Anova Financial Networks, and L3Harris Technologies, Inc.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Component, Platform, Range Type, Application, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

fSONA Networks, SA PHOTONICS, A CACI Company, Plaintree Systems Inc., Mostcom JSC, AIRLINX Communications, Inc., Trimble Hungary Kft., Cailabs, Collinear Networks, Anova Financial Networks, and L3Harris Technologies, Inc.

Global Free Space Optics Market Coverage

Component Insight and Forecast 2015-2027

  • Transmitters
  • Receivers
  • Modulators
  • Demodulators
  • Others

Platform Insight and Forecast 2015-2027

  • Terrestrial Platform
  • Satellite Platform
  • Airborne Platform

Range Type Insight and Forecast 2015-2027

  • Short-Range
  • Medium-Range
  • Long-Range

Application Insight and Forecast 2015-2027

  • Storage Area Network
  • Data Transmission
  • Mobile Backhaul
  • Enterprise Connectivity
  • Disaster Recovery
  • Defense
  • Satellite
  • Others

Geographical Segmentation

Free Space Optics Market by Region

North America

  • By Component
  • By Platform
  • By Range Type
  • By Application
  • By Country – U.S., Canada, and Mexico

Europe

  • By Component
  • By Platform
  • By Range Type
  • By Application
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Component
  • By Platform
  • By Range Type
  • By Application
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Component
  • By Platform
  • By Range Type
  • By Application
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries