Global Display Backlight Module Market Growth 2023-2029

Global Display Backlight Module Market Growth 2023-2029

The global Display Backlight Module market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Display Backlight Module is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Display Backlight Module is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Display Backlight Module is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Display Backlight Module players cover Samsung, LG Display, Sharp, BOE Technology Group, Japan Display, Innolux Corporation, AU Optronics, Everlight Electronics and Cree, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Display Backlight Module is an electronic component that provides illumination to the display screen of electronic devices such as smartphones, laptops, and televisions. It is a vital component that ensures the display is easily visible in low-light or dark environments. The module typically consists of a light source, such as LEDs or CCFLs, a light guide plate, and a diffuser.

The upstream industry chain of Display Backlight Modules includes suppliers of raw materials such as LED chips, light guide plates, and diffusers. The downstream industry chain includes manufacturers of electronic devices that use these modules, such as smartphone and laptop manufacturers.

In terms of the world market share distribution, Asia-Pacific is the largest market for Display Backlight Modules, accounting for over 50% of the global market share. North America and Europe are the second and third-largest markets, respectively. The market is expected to continue growing due to the increasing demand for electronic devices with displays.

LPI (LP Information)' newest research report, the “Display Backlight Module Industry Forecast” looks at past sales and reviews total world Display Backlight Module sales in 2022, providing a comprehensive analysis by region and market sector of projected Display Backlight Module sales for 2023 through 2029. With Display Backlight Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Display Backlight Module industry.

This Insight Report provides a comprehensive analysis of the global Display Backlight Module landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Display Backlight Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Display Backlight Module market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Display Backlight Module and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Display Backlight Module.

This report presents a comprehensive overview, market shares, and growth opportunities of Display Backlight Module market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Diffusion Module
Brightening Module
Reflection Module
Light Guide Module

Segmentation by application
Phone Screen
Computer Screen
Automotive Screen
Other Displays

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Samsung
LG Display
Sharp
BOE Technology Group
Japan Display
Innolux Corporation
AU Optronics
Everlight Electronics
Cree
Nichia Corporation
Osram Opto Semiconductors
Lumileds Holding
Seoul Semiconductor
Epistar Corporation
Stanley Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Display Backlight Module market?

What factors are driving Display Backlight Module market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Display Backlight Module market opportunities vary by end market size?

How does Display Backlight Module break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.