Japan Visible Light Communication Market
Japan Visible Light Communication Market Size, Share and Trends Analysis Report By Application (Data Communication, Lighting, Location-Based Services, Safety and Security), By Technology (Light Emitting Diodes, Photodetectors, Optical Wireless Technology) and By End Use (Retail, Healthcare, Transportation, Residential) - Forecast to 2035
Industry Developments
Recent developments in the Japan Visible Light Communication Market have highlighted significant advancements and activities among major players. In May 2023, Sharp announced new initiatives to integrate visible light communication technology into smart lighting systems, reinforcing its commitment to enhancing connectivity solutions. Meanwhile, Dai Nippon Printing is focusing on the application of VLC technology in its innovative marketing solutions, targeting retail environments to improve customer engagement. Harman International is exploring collaborations in the automotive sector, aiming to enhance in-car communication systems using visible light. Additionally, in March 2023, LG Electronics launched a research project aimed at incorporating visible light communication in health monitoring systems, tapping into the growing demand for remote health management solutions. In terms of market growth, Fujitsu reported a 15% increase in revenue related to visible light communication solutions as of August 2023, driven by rising adoption in various industries. Notably, there have been no significant mergers or acquisitions reported among companies like Mitsubishi Electric, Panasonic, and others in this specific sector in recent months, but continuous technological advancements suggest an active interest in the potential of visible light communication technologies across Japan.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 70.34(USD Million) |
| MARKET SIZE 2024 | 83.47(USD Million) |
| MARKET SIZE 2035 | 661.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 20.697% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Sharp, Dai Nippon Printing, Harman International, LG Electronics, Sony, Oki Electric Industry, NTT, Mitsubishi Electric, Panasonic, Fujitsu, VLC Technologies, Murata Manufacturing, Toshiba, Seiko Epson, Vexcel |
| SEGMENTS COVERED | Application, Technology, End Use |
| KEY MARKET OPPORTUNITIES | Smart lighting integration, 5G network enhancement, Indoor positioning systems, IoT applications expansion, Enhanced security communication |
| KEY MARKET DYNAMICS | growing demand for high-speed data, increasing adoption of smart lighting, regulatory support for spectrum efficiency, rising focus on indoor positioning, advancements in LED technology |
| COUNTRIES COVERED | Japan |
FAQs
What is the expected market size of the Japan Visible Light Communication Market in 2024?
The market is expected to be valued at 83.47 million USD in 2024.
What is the projected market size for the Japan Visible Light Communication Market by 2035?
By 2035, the market is projected to reach a value of 661.0 million USD.
What is the expected CAGR for the Japan Visible Light Communication Market from 2025 to 2035?
The expected CAGR for this period is 20.697%.
What is the market size for the Data Communication application in 2024?
The Data Communication application segment is valued at 30.0 million USD in 2024.
How much is the Lighting application segment expected to be worth in 2035?
The Lighting application segment is forecasted to reach 200.0 million USD by 2035.
Who are the major players in the Japan Visible Light Communication Market?
Key players include Sharp, Dai Nippon Printing, Harman International, LG Electronics, and Sony.
What is the expected market size for the Location-Based Services application in 2024?
The Location-Based Services application is expected to be valued at 15.0 million USD in 2024.
What is the projected market value for the Safety and Security application by 2035?
The Safety and Security application is projected to reach 101.0 million USD by 2035.
What growth opportunities exist in the Japan Visible Light Communication Market?
The market is poised for growth driven by advancements in technology and increasing demand for innovative applications.
What impact do regional developments have on the Japan Visible Light Communication Market?
Regional developments are crucial as they influence market dynamics and drive adoption across various applications.
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