Free Space Optics Market, Global Outlook and Forecast 2023-2029

Free space optics (FSO) technology is one of the optical wireless communication technologies. It is a license-free technology and has many features, such as easy installation, high-speed data transmission rate, secure data transfer, and high ROI. FSO uses invisible beams of light to enable optical bandwidth connections. FSO technology is a line-of-sight technology that can transmit up to 2.5 Gbps of data, voice, and video communications instantly through thin air without the use of any physical cable. It uses lasers and photodetectors. FSO enables optical communications at the speed of light.
This report aims to provide a comprehensive presentation of the global market for Free Space Optics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Free Space Optics. This report contains market size and forecasts of Free Space Optics in global, including the following market information:
Global Free Space Optics Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Free Space Optics market was valued at US$ 224.4 million in 2022 and is projected to reach US$ 1433.6 million by 2029, at a CAGR of 30.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Free Space Optics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Free Space Optics Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Free Space Optics Market Segment Percentages, by Type, 2022 (%)
    Short Distance (Less Than 500m)
    Mid Distance (500m-1500m)
    Long Distance (Greater Than 1500m)
Global Free Space Optics Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Free Space Optics Market Segment Percentages, by Application, 2022 (%)
    Defense and Security
    Healthcare
    Communications
    Transportation
    Other
Global Free Space Optics Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Free Space Optics Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Free Space Optics revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Free Space Optics revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Trimble Hungary
    Anova Technologies
    Wireless Excellence Ltd
    General Electronics
    Panasonic Corp
    Fujitsu Ltd
    Lightbee Corp
    Koninklijke Philips
    Harris Corporation
    Outstanding Technology
    LightPointe Communications
    pureLiFi Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Free Space Optics, market overview.
Chapter 2: Global Free Space Optics market size in revenue.
Chapter 3: Detailed analysis of Free Space Optics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Free Space Optics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.