Global Display Backlighting Market Growth 2023-2029

Global Display Backlighting Market Growth 2023-2029

A backlight is a form of illumination used in liquid crystal displays (LCDs). The penetration rate of LED backlights are above 90%. LED backlights have almost taken over CCFL backlights. Display Backlighting refer to a LED backlit in this report.

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

This Insight Report provides a comprehensive analysis of the global Display Backlighting 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 Backlighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Display Backlighting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Display Backlighting 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 Backlighting.

The global Display Backlighting market size is projected to grow from US$ 2539.5 million in 2022 to US$ 1887.6 million in 2029; it is expected to grow at a CAGR of 1887.6 from 2023 to 2029.

Global Display Backlighting key players include Epistar, NICHIA, Samsung, etc. Global top three manufacturers hold a share over 45%.

China Taiwan is the largest market, with a share about 30%, followed by South Korea, and Japan, both have a share about 40 percent.

In terms of product, Mid and Large-sized is the largest segment, with a share over 80%. And in terms of application, the largest application is LCD TV, followed by Smartphone, Notebook, Tablet, etc.

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

Market Segmentation:

Segmentation by type

Small-sized

Mid and Large-sized

Segmentation by application

Smartphone

Notebook

Tablet

Desktop PC

LCD TV

Others

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

NICHIA

LG Innotek

Epistar

Lumileds

Seoul Semiconductor

TOYODA GOSEI

Unity Opto Technology

GENESIS Photonics

Shenzhen jufei optoelectronics

Shenzhen Refond Optoelectronics

Foshan NationStar Semiconductor

Key Questions Addressed in this Report

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

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

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

How do Display Backlighting market opportunities vary by end market size?

How does Display Backlighting 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.