Global Light Guide Plate (LGP) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Light Guide Plate (LGP) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Light Guide Plate (LGP) market size was valued at USD 542.3 million in 2023 and is forecast to a readjusted size of USD 665.4 million by 2030 with a CAGR of 3.0% during review period.

The liquid crystal display panel can be divided according to the size of the area, which is suitable for different fields. For the large-size LCD panel market, the main application areas are concentrated in LCD TVs, notebook computers and LCD monitors. For the small and medium-sized LCD panel market, the main application areas are concentrated in mobile phones, MP5, digital cameras, digital video cameras, GPS, tablet computers and other products. The term light guide plate comes from the English translation of Light Guide Plate, which is produced as a supporting LCD panel. Liquid crystal displays require backlight modules to show their brightness due to their non-self-luminous characteristics. During the development of backlight modules, light guide plates for key components have also begun to change differently with the needs of downstream products.The light guide plate is made of optical grade PMMA/MMA/PC, and then is made of high-tech materials with extremely high reflectivity and non-light-absorbing, and the light guide dots are printed on the bottom surface of the light guide plate with UV screen printing technology. The light emitted from the backlight source absorbed by the light guide plate stays on the surface of the light guide plate. When the light hits each light guide point, the reflected light will diffuse to various angles, and then destroy the reflection conditions and exit from the front of the light guide plate. The light guide plate can emit light evenly through a variety of dense and different light guide points.

Global LGP (Light Guide Plate) for TV key players include Mitsubishi Chemical, Chimei Corporation, Forhouse Corporation, etc. Global top three manufacturers hold a share over 40%.

China is the largest market, with a share over 35%, followed by China Taiwan, and Japan, both have a share about 45 percent.

In terms of product, Printing Type is the largest segment, with a share over 50%. And in terms of application, the largest application is 50-70 Inches, followed by 40-50 Inches, Above 70 Inches, Below 42 Inches.

The Global Info Research report includes an overview of the development of the Light Guide Plate (LGP) industry chain, the market status of Indoor (Carving, Screen Printing), Outdoor (Carving, Screen Printing), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Light Guide Plate (LGP).

Regionally, the report analyzes the Light Guide Plate (LGP) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Light Guide Plate (LGP) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Light Guide Plate (LGP) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Light Guide Plate (LGP) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Carving, Screen Printing).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Light Guide Plate (LGP) market.

Regional Analysis: The report involves examining the Light Guide Plate (LGP) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Light Guide Plate (LGP) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Light Guide Plate (LGP):

Company Analysis: Report covers individual Light Guide Plate (LGP) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Light Guide Plate (LGP) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Indoor, Outdoor).

Technology Analysis: Report covers specific technologies relevant to Light Guide Plate (LGP). It assesses the current state, advancements, and potential future developments in Light Guide Plate (LGP) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Light Guide Plate (LGP) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Light Guide Plate (LGP) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Carving
Screen Printing
Sand
Nano

Market segment by Application
Indoor
Outdoor

Major players covered
Mitsubishi Rayon
Chi Mei
Darwin
Fengsheng
Sumitomo
Asahi Kasei
Kuraray
Seronics
S-Polytech
GLT
Entire
KOLON

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Light Guide Plate (LGP) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Light Guide Plate (LGP), with price, sales, revenue and global market share of Light Guide Plate (LGP) from 2019 to 2024.

Chapter 3, the Light Guide Plate (LGP) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Light Guide Plate (LGP) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Light Guide Plate (LGP) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Light Guide Plate (LGP).

Chapter 14 and 15, to describe Light Guide Plate (LGP) sales channel, distributors, customers, research findings and conclusion.