Global LED Backlight System Market Growth (Status and Outlook) 2024-2030

The global LED Backlight System market size is predicted to grow from US$ 857 million in 2024 to US$ 1320 million in 2030; it is expected to grow at a CAGR of 7.5% from 2024 to 2030.

An LED backlight system is a lighting technology used in displays such as LCD screens and televisions. It uses light-emitting diodes (LEDs) to illuminate the display panel, offering benefits like improved brightness, energy efficiency, and a wider color gamut. LED backlight systems are integral to achieving high-quality visuals in modern digital devices.

United States market for LED Backlight System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for LED Backlight System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for LED Backlight System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key LED Backlight System players cover NICHIA CORPORATION, Epistar, Lumileds, Shenzhen Jufei Optoelectronics, Foshan NationStar Semiconductor, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

LPI (LP Information)' newest research report, the “LED Backlight System Industry Forecast” looks at past sales and reviews total world LED Backlight System sales in 2023, providing a comprehensive analysis by region and market sector of projected LED Backlight System sales for 2024 through 2030. With LED Backlight System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Backlight System industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Backlight System 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 LED Backlight System.

This report presents a comprehensive overview, market shares, and growth opportunities of LED Backlight System market by product type, application, key players and key regions and countries.

Segmentation by Type:
Small-Sized
Mid-Sized
Large-Sized

Segmentation by Application:
TVs
Laptops and Notebooks
Head-up Displays
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.
NICHIA CORPORATION
Epistar
Lumileds
Shenzhen Jufei Optoelectronics
Foshan NationStar Semiconductor
NMB Technologies
Luckylight
Advanced Illumination
Plazmo Industries

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