Global LGP (Light Guide Plate) Market Growth 2023-2029

Global LGP (Light Guide Plate) Market Growth 2023-2029

LGP (Light Guide Plate) in TVs is a transparent acrylic panel made from pure PMMA resin, on whose bottom face a dot matrix is printed or a line matrix is scratched. The light source is installed on its edge(s). It distributes the light coming from the light source evenly over the whole upper face of the acrylic panel.

Light guide plate is a key component of any backlit display. In this report, we focus on the investigation of light guide plates used in the TV industry. It should be noted that 1 MT LGP products contains about 200 pieces of plates while the plate size is around 1200*1200*3 mm.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LGP (Light Guide Plate) 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 LGP (Light Guide Plate).

The global LGP (Light Guide Plate) market size is projected to grow from US$ 515.5 million in 2022 to US$ 570.3 million in 2029; it is expected to grow at a CAGR of 570.3 from 2023 to 2029.

Global LGP (Light Guide Plate) key players include Chi Mei, Mitsubishi Rayon, Darwin, S-Polytech, Fengsheng, etc. Global top five manufacturers hold a share over 60%.

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

In terms of product, Printed LGP is the largest segment, with a share over 55%. And in terms of application, the largest application is 30-50 Inch TV, followed by 50-80 Inch TV, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of LGP (Light Guide Plate) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Printed LGP

Non-Printed LGP

Segmentation by application

<30 Inch TV

30-50 Inch TV

50-80 Inch TV

>80 Inch TV

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.

Mitsubishi Rayon

Chi Mei

Darwin

Fengsheng

Sumitomo

Asahi Kasei

Kuraray

Seronics

S-Polytech

GLT

Entire

KOLON

Key Questions Addressed in this Report

What is the 10-year outlook for the global LGP (Light Guide Plate) market?

What factors are driving LGP (Light Guide Plate) market growth, globally and by region?

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

How do LGP (Light Guide Plate) market opportunities vary by end market size?

How does LGP (Light Guide Plate) 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.