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The transmitters acquired majority share of the global free space optics communication technology market in the year 2017 and it is expected to grow at a CAGR of XX% during the forecast period, 2018-2023. However, receivers are expected to reach $XX million by the year 2023 at the highest CAGR of XX% during the forecast period, 2018-2023. Some of the companies that supply free space optics communication technology components includes Optonicus and Photline Technologies.
The free space optics communication technology consists of a transmitter made up of Light Emitting Diodes (LED) or laser devices at the sending side which transmits the light pulses. As compared to lasers, LED devices have low cost and have lower safety classification. However, they are mostly suitable for short range FSO links. Thus, laser devices are preferred for reliable high power and high bandwidth operations. The invisible beams of light are used by FSO communication technology to provide optical bandwidth connections. FSO communication link can transmit XX Gbps of data, voice, and video communications at the same time through the air, thus, eliminating the need for fiber-optic cable for fiber-optic connectivity.
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